The currency pair Near Protocol/Tether (NEAR/USDT) goes from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 2.978 will continue.
Caution: A possible trend reversal in the direction of the support zone at 2.461 could occur.
Consider stop-loss settings accordingly.
Next a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.
Next a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will continue. Target of the current trend is 2.571638 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance zone at 2.978 could occur.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 2.978 |
| Current Price | 2.532000000 |
| Next Low | 2.461 |
| 2nd Low | 2.337 |
| 3rd Low | 2.329 |
2.978 – 2.806 – 2.806 – 2.461 – 2.59 – 2.681 —
2.550000000 – 2.484000000 —
43.278985764108 – 37.598155653107 —
– —
2.978 – 1779795000
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three White Soldiers – – –