The pair Near Protocol/Tether (NEAR/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance at 1.239 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 1.209 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Next a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish 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 White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.416 |
| 2nd High | 1.334 |
| Next High | 1.239 |
| Current Price | 1.231000000 |
| Next Low | 1.209 |
| 2nd Low | 1.112 |
| 3rd Low | 1.028 |
1.239 – 1.334 – 1.416 – 1.209 – 1.216 – 1.249 —
1.219000000 – 1.211000000 —
40.839960376197 – 39.990597362728 —
– —
1.239 – 1772895600
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three White Soldiers – – –