The pair Near Protocol/Tether (NEAR/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 1.211 is certain.
Caution: A possible trend reversal in the direction of the support level at 1.112 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.26 |
| Next High | 1.211 |
| Current Price | 1.375000000 |
| Next Low | 1.112 |
| 2nd Low | 1.028 |
| 3rd Low | 0.953 |
1.211 – 1.26 – 0.991 – 1.112 – 1.028 – 0.953 —
1.239000000 – 1.344000000 —
64.772453277019 – 77.041715563311 —
– —
1.211 – 1772352000
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Northern Doji – – –