seems like near coin has already bottomed out and getting ready for massive breakout
formed descending channel in 3 days and testing trendline expecting breakout soon
incase of successful breakout expecting massive bullish wave in midterm expecting move towards 6$ in coming months
We Must Break The Current Support/Resistance Zone in order to see NEAR Protocols' next big move.
IF NEAR wants to go up it might test the 2.692 - 2.87 Area of Resistance.
IF NEAR loses this area of support NEAR Might go back down and test the 2.338 - 2.192 area With lots of support around the 2.0 $ LVL.
Forming Falling Wedge In daily Timeframe Counter Trendline already Broken Expecting test Of Main Trendline Area (1.78 to 1.85)
If Wedge Got Cleared Too Then Expecting Move Toward 3.50 to 3.70
Safe Stoploss Would be Below Last Low Its Only Idea Not Financial Advice
as we had Analyzed this coin Earlier and Capitalized on it, we are Updating it and taking new Positions...
Fundamentals:
NEAR Protocol is a decentralized application platform designed to make apps usable on the web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to offer scalability and stable fees.
NEAR is the...
Let's see how NEAR is behaving.
This is a 1D chart.
The Fib retracement shows that the price is going to the higher levels, approaching retest the resistance and ATH areas.
The market is showing STRONG BUY volumes for NEAR.
Two support areas are holding the price up in case of sudden crashes. And two resistance levels are pushing down on value (one of which is...
