NEAR/USDT – 30M – BUYThe pair Near Protocol/Tether (NEAR/USDT) goes from the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 1.3 is likely expected.
Caution: A possible trend reversal in the direction of support at 1.249 is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Tweezers Bottom’ candlestick pattern is detected. The candles form ‘Tweezers Bottom’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.412 |
| 2nd High | 1.334 |
| Next High | 1.3 |
| Current Price | 1.271000000 |
| Next Low | 1.249 |
| 2nd Low | 1.245 |
| 3rd Low | 1.17 |
1.3 – 1.334 – 1.412 – 1.249 – 1.245 – 1.341 —
1.284000000 – 1.274000000 —
51.540152494672 – 46.09424930419 —
– —
1.3 – 1772760600
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Tweezers Bottom – – –