The currency pair Near Protocol/Tether (NEAR/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 1.378 will persist.
Caution: A possible trend reversal in the direction of the support zone at 1.297 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.455 |
| 2nd High | 1.422 |
| Next High | 1.378 |
| Current Price | 1.356000000 |
| Next Low | 1.297 |
| 2nd Low | 1.278 |
| 3rd Low | 1.268 |
1.378 – 1.316 – 1.342 – 1.297 – 1.315 – 1.319 —
1.338000000 – 1.355000000 —
54.133940654717 – 62.1377220557 —
– —
1.378 – 1773543600
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –