Buy NEAR/USDT – 1H – BUY

The combination Near Protocol/Tether (NEAR/USDT) breaks through the bearish trendline upwards

A bullish trend upwards to the next resistance line at 1.256 will persist.

Caution: A possible change in the direction of the support line at 1.194 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair could go up.

Next a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

Next a ‘Three White Soldiers’ candle pattern is found. The candles show ‘Three White Soldiers’. which 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 ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 1.416
2nd High 1.334
Next High 1.256
Current Price 1.241000000
Next Low 1.194
2nd Low 1.112
3rd Low 1.028

1.256 – 1.239 – 1.334 – 1.194 – 1.209 – 1.216 —
1.226000000 – 1.234000000 —
47.259444685098 – 51.447524864849 —
– —
1.256 – 1772964000

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