The pair Near Protocol/Tether (NEAR/USDT) goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 1.3 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 1.249 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Bullish Belt Hold’ candlestick pattern is discovered. The chart forms ‘Bullish Belt Hold’. 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 chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.412 |
| 2nd High | 1.334 |
| Next High | 1.3 |
| Current Price | 1.260000000 |
| Next Low | 1.249 |
| 2nd Low | 1.245 |
| 3rd Low | 1.17 |
1.3 – 1.334 – 1.412 – 1.249 – 1.245 – 1.341 —
1.271000000 – 1.261000000 —
47.720341173695 – 41.347142323905 —
– —
1.3 – 1772760600
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bullish Belt Hold – Symmetrical Triangle Chart Pattern – –