The pair Near Protocol/Tether (NEAR/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 2.108 is likely expected.
Caution: A possible change in the direction of the support level at should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.
Moreover a ‘Three Outside Up’ candle chart pattern is found. The chart shows ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.149 |
| 2nd High | 2.11 |
| Next High | 2.108 |
| Current Price | 2.056000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.108 – 2.066 – 2.014 – 1.999 – 2.001 – 1.968 —
2.082000000 – 2.046000000 —
56.653759264922 – 41.907055103579 —
– —
2.108 – 1784120400
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Up – – –