The pair Near Protocol/Tether (NEAR/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance line at 1.064 is expected.
Caution: A possible reversal of the trend in the direction of support at 1.04 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.
Furthermore a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.
Furthermore a ‘Three Outside Up’ chart pattern is discovered. The candles form ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to go up. 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 | 1.102 |
| 2nd High | 1.091 |
| Next High | 1.064 |
| Current Price | 1.049000000 |
| Next Low | 1.04 |
| 2nd Low | 1.016 |
| 3rd Low | 0.934 |
1.064 – 1.091 – 1.102 – 1.04 – 1.057 – 1.016 —
1.050000000 – 1.048000000 —
43.227010270338 – 40.428142659649 —
– —
1.064 – 1771203600
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Up – – –