NEAR/USDT (Futures) Long-Term Trend: Bullish
Key Resistance Levels: 19.9399, 20.0000, 20.5000.
Key Support Levels: 17.5155, 16.0524, 13.1343.
Daily Time Frame:
The price on the higher time frame succeeded to break the strong resistance level after a long consolidation phase. The market breakout to the upside with the help of a big bodied bullish candlestick. Then we say an inside bar which shows that the market is still controlled by buyers.
NEAR/USDT (Futures) Medium-Term Trend: Bullish
1-Hr Time Frame:
On the lower time frame, the price succeeded to break bullish flag formation to the upside after finding buyers near the highlighted zone. A series of higher highs and lows has been posting showing that we are in a new bullish trend.
Buy Market Order @ 17.9637
TP 1 @ 19.9399
TP 2 @ 20.0000
Stop Loss @ 17.1455
Trade Safely 🙂