The combination Near Protocol/Tether (NEAR/USDT) moves from the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 1.102 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.057 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Advance Block’ candle chart pattern is discovered. The candles show ‘Advance Block’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Advance Block’ going down is 64% (Bull Market) & 61% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.114 |
| 2nd High | 1.103 |
| Next High | 1.102 |
| Current Price | 1.083000000 |
| Next Low | 1.057 |
| 2nd Low | 1.016 |
| 3rd Low | 0.934 |
1.102 – 1.031 – 0.991 – 1.057 – 1.016 – 0.934 —
1.086000000 – 1.082000000 —
59.544065962727 – 52.532867891516 —
– —
1.102 – 1771102800
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Advance Block – – –