The combination Near Protocol/Tether (NEAR/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 1.342 will persist.
Caution: A possible trend reversal in the direction of the support level at 1.278 is also possible.
Consider stop-loss settings accordingly.
And also a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The pair is likely to go up.
And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Current target is 1.342 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.342 is also possible.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘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 likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.416 |
| 2nd High | 1.412 |
| Next High | 1.342 |
| Current Price | 1.339000000 |
| Next Low | 1.278 |
| 2nd Low | 1.268 |
| 3rd Low | 1.267 |
1.342 – 1.307 – 1.323 – 1.278 – 1.286 – 1.268 —
1.324000000 – 1.326000000 —
57.580449394332 – 54.043107404393 —
– —
1.342 – 1773313200
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three White Soldiers – – –