HEY, Sup Guys and Girls?!
Since 17 Apr 2022 , that I've posted first analysis for NEAR , it has been declining till now and wasn't able to continue its uptrend and maintain the pivot-resistance zone and then according to my bearish scenario it massively dropped and even lost the bottom line of channel ( more than 80 % (1x-short )) .
So now as you can see on the weekly timeframe for nearusd, it is already trading above the pivot zone , although the overall trend of crypto market is still bearish but it can have a growth in the short or mid-term and retest the resistance zone or bottom line of broken channel again winch I consider it as a pullback , thus it can fall again on the lower zones ,but otherwise if it not be able to maintain the current pivot zone so it'll easily drop on the lower support zone again.
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
Since 17 Apr 2022 , that I've posted first analysis for NEAR , it has been declining till now and wasn't able to continue its uptrend and maintain the pivot-resistance zone and then according to my bearish scenario it massively dropped and even lost the bottom line of channel ( more than 80 % (1x-short )) .
So now as you can see on the weekly timeframe for nearusd, it is already trading above the pivot zone , although the overall trend of crypto market is still bearish but it can have a growth in the short or mid-term and retest the resistance zone or bottom line of broken channel again winch I consider it as a pullback , thus it can fall again on the lower zones ,but otherwise if it not be able to maintain the current pivot zone so it'll easily drop on the lower support zone again.
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
