The currency pair Near Protocol/Tether (NEAR/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 1.26 is likely expected.
Caution: A possible counter-trend in the direction of support at 0.953 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair is likely to rise.
And also a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair is likely to rise.
And also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.190236 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 1.26 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three White Soldiers’ candle chart pattern is existing. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.894 |
| 2nd High | 1.81 |
| Next High | 1.26 |
| Current Price | 1.172000000 |
| Next Low | 0.953 |
| 2nd Low | 0.934 |
| 3rd Low | 0.841 |
1.26 – 1.109 – 1.102 – 0.953 – 0.981 – 1.025 —
1.145000000 – 1.077000000 —
60.219036117404 – 48.878551360162 —
– —
1.26 – 1772049600
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three White Soldiers – – –