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NEAR Protocol (NEAR) - May 23

BINANCE:NEARUSDT   NEAR / TetherUS
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(NEARUST 1W chart)
Support: 5.379-6.613

Below 5.379, there is a possibility of entering the mid- to long-term investment area.


(1D chart)
The 5.379-6.613 zone is a support zone, so it is important to find support in this zone and to be able to move higher than 6.613.

Therefore, you should check how it is supported in 6.613.

There is a possibility that a whip saw may occur in the 7.293-8.036 section, so careful trading is required.

In the short-term and medium-term perspective, it should rise to the 7.293-8.036 section to turn into an uptrend.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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