Buy NEAR/USDT – 1H – BUY

The pair Near Protocol/Tether (NEAR/USDT) breaks through the descending trendline up.

An ascent upwards to the next resistance level at 1.312 is expected.

Caution: A possible counter-trend in the direction of the support zone at 1.265 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.

Furthermore a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.312 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 1.312 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 1.343
2nd High 1.32
Next High 1.312
Current Price 1.317000000
Next Low 1.265
2nd Low 1.245
3rd Low 1.221

1.288 – 1.312 – 1.305 – 1.265 – 1.245 – 1.262 —
1.277000000 – 1.317000000 —
48.725870323154 – 65.495372149655 —
– —
1.288 – 1777932000

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