The currency pair Near Protocol/Tether (NEAR/USDT) moves from the descending trendline upwards
The bullish trend up to the next resistance at 1.239 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 1.204 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
In addition a ‘Bullish Belt Hold’ candle pattern is discovered. The candles show ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 1.3 |
| 2nd High | 1.247 |
| Next High | 1.239 |
| Current Price | 1.213000000 |
| Next Low | 1.204 |
| 2nd Low | 1.17 |
| 3rd Low | 1.112 |
1.239 – 1.247 – 1.3 – 1.204 – 1.209 – 1.225 —
1.215000000 – 1.213000000 —
39.336738838021 – 38.856322142705 —
– —
1.239 – 1772895600
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bullish Belt Hold – – –