The combination Near Protocol/Tether (NEAR/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance line at 1.631 is certain.
Caution: A possible trend reversal in the direction of the support line at 1.518 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair could go up.
Furthermore a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
Furthermore a ‘Three Outside Up’ chart pattern is existing. The chart shows ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.631 |
| Current Price | 1.564000000 |
| Next Low | 1.518 |
| 2nd Low | 1.451 |
| 3rd Low | 1.265 |
1.631 – 1.581 – 1.577 – 1.518 – 1.536 – 1.545 —
1.544000000 – 1.552000000 —
44.741197487029 – 49.048226809339 —
– —
1.631 – 1778443200
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Up – – –