The currency pair Near Protocol/Tether (NEAR/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 1.282 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 1.189 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair is likely to rise.
Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Furthermore a ‘Three Outside Up’ candle chart pattern is existing. The chart forms ‘Three Outside Up’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.334 |
| 2nd High | 1.3 |
| Next High | 1.282 |
| Current Price | 1.242000000 |
| Next Low | 1.189 |
| 2nd Low | 1.17 |
| 3rd Low | 1.112 |
1.282 – 1.269 – 1.256 – 1.189 – 1.204 – 1.194 —
1.252000000 – 1.245000000 —
50.367155393932 – 46.547399205586 —
– —
1.282 – 1773084600
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Up – – –