The combination Near Protocol/Tether (NEAR/USDT) moves from the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 1.422 is likely expected.
Caution: A possible change 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.
Also there is a ‘Three Outside Up’ candlestick pattern is detected. The chart shows ‘Three Outside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.81 |
| 2nd High | 1.455 |
| Next High | 1.422 |
| Current Price | 1.356000000 |
| Next Low | 1.189 |
| 2nd Low | 1.028 |
| 3rd Low | 0.953 |
1.422 – 1.333 – 1.455 – 1.189 – 1.028 – 0.953 —
1.368000000 – 1.316000000 —
61.683426883447 – 47.825550557239 —
– —
1.422 – 1773360000
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Up – – –