Buy NEAR/USDT – 1H – BUY

The combination Near Protocol/Tether (NEAR/USDT) breaks through the bearish trendline up.

The bullish trend upwards to the next resistance line at 2.301 is certain.

Caution: A possible trend reversal in the direction of the support level at 2.084 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.

Additionally a ‘Three Outside Up’ candlestick chart pattern is detected. The candles form ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 2.562
2nd High 2.389
Next High 2.301
Current Price 2.187000000
Next Low 2.084
2nd Low 2.063
3rd Low 1.977

2.301 – 2.389 – 2.562 – 2.084 – 2.13 – 2.15 —
2.176000000 – 2.157000000 —
46.835107174299 – 45.173616348074 —
– —
2.301 – 1781787600

Trading Signals:

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