Daily time frame
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Near creating a potential double bottom and facing the resistance from downtrend.
Open long once breaking above that downtrend and targets as marked.
**Notice key resistance on neckline 2.75
Heres my take on the NEAR chart and the possible opportunity there.
Looking at the green box to take longs, and then stops below.
Looking for the price to get back to the overhead horizontal resistance, and then some consolidation.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (16.50).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEARUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Hello everybody
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According to the chart you can see the price is moving in upward channel and we expect the price reach to the...
Near has a big support above it's head, MACD seems to be crossing, RSI shows some weakness in shortterm. I expect the price to correct a little bit to the 8.9 area which may be first good entry and then I marked on the red another place for entry which is the best in my opinion because there is 0.618 fibo + MA and support which previously was our resistance.
I...
NEARUSDT again near the highs. The more it touches these levels, the more likely it will break out. In the short term it might have a pullback but long term I see it going much higher. Like several other coins it was on that got several high profile listings early on, but didn't have a really big move. Personally I like low profile layer 1 protocols that could get...
we can see that near is consolidating in horizontal channel and we can see that the price were bounced from the resistance and hadn't managed to breakout.
wait till the buy price it is more than profitable trade, near is a good investment for long term if it caught at that price, believe me near is a coin which can be $25 in 2021 or 2022 easily
✅ Buy: 3.25 -...
Awaiting for NEAR's Inverse H&S Pattern to potentially form. If 4H or 1D candle break above the blue line, our next target is likely to teach 9.8.
Pay attention and put this in your watchlist as this has a potential to grow 32-33% from here.
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Trade wisely folks.
a simple price action analysis and a Fibonacci projection is very enough to speculate the upcoming event on this chart
to me 1 TP is very easy to be achieved and rest are on the line
what do you think?
