#NEAR/USDT ANALYSIS
NEAR is moving in an ascending triangle on the 1-hour timeframe. Currently, it is encountering horizontal resistance, where the MA 200 is also acting as a resistance. The MACD crossover indicates bullish momentum. We need to wait for a solid breakout or breakdown of the triangle to confirm its next direction.
NEAR Analysis and Signal on 1H
🔵Entry Zone 5.768 - 5.968
🔴SL 6.319
🟢TP1 5.429
🟢TP2 5.066
🟢TP3 4.791
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The price of NEAR has managed to break through a significant resistance observed at the last peak of the downward trend, entering an upward trend phase.
By reaching a specific area marked in green, not only has this level been breached, but it seems that the price is stabilizing at this new level.
The existing bearish candles, which are considered a pullback, will...
NEAR: More Price Decline is Expected
Technical Analysis:
In the daily chart the price broke out from a key support area.
This was the first important confirmation for the bears to join the party.
We can see NEAR testing the broken support zone 5.98 - 6.30 which is turned in a key resistance zone.
The bearish volume should increase more once the price will be...
Hello traders, BINANCE:NEARUSDT I have determined the formation target on the chart. I wish everyone success.
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Near has more utility than BTC. Currently top
20 Cryptos with a megaCap of 5.3 Billion. it will rise quickly. 4 targets listed
The astronomical chance that YOU exist are nearly nonexistent. Use that and live your best life! You'll love yourself for it
BINANCE:NEARUSDT is literally the only coin out of the top 25 alts that hasn't made huge boom since alt surge and I am remembering the saying that "still waters runs deep"
There's volume, there's liquidity for grab at the two almost equal highs (double top) at $20 region. Also a complete strong bullish reversal sign on the weekly relative strength index (RSI)...
Near created a range here and i have 2 scenarios. First, we can enter back to our range by making deviation. Secondly, we can retest to RL and drop to the lower levels. Lower levels can create better opportunities instead of taking risks here.
I was expecting this drop at the beginning of the month but market always finds a way to surprise us in every way I guess.
Now we have a good price region to add into NEAR spot positions.
NEAR/USDT pair has successfully confirmed its position after a breakout, now trading above key resistance. Immediate entry recommended, targeting a move towards $8.74, with a stop loss placed at $7.17. With the price consolidating above the breakout point, the potential for continued upward momentum is high. The risk/reward ratio stands firm at 3.05, suggesting a...
Near usdt analysis
Daily time frame
We can see 2 bottom pattern so I guess 9 BME:IS my first target
Bace on extended fibonachy 13 BME:IS my second target
