The currency pair Near Protocol/Tether (NEAR/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance line at 1.211 will persist.
Caution: A possible change in the direction of support at 1.112 should be noted.
Consider stop-loss settings accordingly.
And also a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
And also a ‘Three Outside Up’ candlestick pattern is detected. The chart shows ‘Three Outside Up’. which 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 success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.26 |
| Next High | 1.211 |
| Current Price | 1.198000000 |
| Next Low | 1.112 |
| 2nd Low | 1.028 |
| 3rd Low | 0.953 |
1.211 – 1.196 – 1.097 – 1.112 – 1.028 – 1.073 —
1.139000000 – 1.174000000 —
44.394877801674 – 58.513012279213 —
– —
1.211 – 1772352000
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Up – – –