NEAR/USDT – 4H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 1.3675 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.239 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Bullish Belt Hold’ candle chart pattern is discovered. The candles form ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.894 |
| 2nd High | 1.81 |
| Next High | 1.239 |
| Current Price | 1.087000000 |
| Next Low | 0.934 |
| 2nd Low | 0.841 |
| 3rd Low |
1.239 – 1.81 – 1.894 – 0.934 – 0.841 – 1.091 —
1.028000000 – 1.102000000 —
57.393847923592 – 70.026602965112 —
– —
1.239 – 1770033600
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bullish Belt Hold – – –