The currency pair Near Protocol/Tether (NEAR/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance level at 1.312 will continue.
Caution: A possible trend reversal in the direction of support at 1.245 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three White Soldiers’ candlestick pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.343 |
| 2nd High | 1.32 |
| Next High | 1.312 |
| Current Price | 1.277000000 |
| Next Low | 1.245 |
| 2nd Low | 1.221 |
| 3rd Low | 1.197 |
1.312 – 1.305 – 1.3 – 1.245 – 1.262 – 1.268 —
1.276000000 – 1.276000000 —
47.164025689137 – 49.301126927934 —
– —
1.312 – 1777867200
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three White Soldiers – – –