NEAR/USDT – 4H – BUY

The currency pair Near Protocol/Tether (NEAR/USDT) breaks through the bearish trendline up.

A bullish movement up to the next resistance level at 1.109 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 0.981 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.

Then a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 1.3255 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 1.109 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three White Soldiers’ candle chart pattern is detected. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

1.109 – 1.102 – 1.239 – 0.981 – 1.025 – 0.934 —
0.980000000 – 1.030000000 —
30.768829757663 – 56.211876714566 —
– —
1.109 – 1771660800

Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three White Soldiers – Double top retreat up – –