The credible trend line is broken and the pullback is happening. Given the resistance of bitcoin, I think the probability of a price reduction is high.
what is your opinion?
As you can see, the price is involved in the midline line resistance and the 0.5 Fibonacci level.
Due to the price divergence, we expect a drop for better entry.
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Considering the way Bitcoin is going, I could see this happening in the short term with NEAR Protocol. Would give great buying opportunity for what hopefully could be a better outlook for the crypto market at the last two quarters of the year.
trnedlines break was key and a great exit/short and i cut a bit too late
all about execution
will post a 1D chart next to show plan
been fun scalping
ww
hello!
near/usdt
buy near at after breakout our resistant
and sell targets mension in our post chek it
i am right then like and comment in my idea
thank u
Hello Traders!
A corrective movement is developing in NEAR. The price went under the MA100 on the daily timeframe and the RSI indicator is in the bearish zone.
There is buying weakness in the market at the moment, so the probability of a continuation of the correction in many instruments is increasing. This can be used to get more comfortable entry points into...
NEAR is trading above the support zone at $10.15. If its stays above this zone, we could start seeing a move towards $12.54, $14.00, $15.18, $16.36, $18.04, $20.19 and $26.37. Failure to hold the support at $10.15 could lead to a drop towards $8.79 and $6.59 which could be excellent places to long NEAR.
Coin: Near
Type of signal : Spot
Entry Price : 9.6$-11.25$
Price now : 11$
Goals:
Tp1 11.85$
Tp2 12.5$
Tp3 14.7$
Tp4 16.73$
Tp5 18.61$
Long-Term
20$-23$-38$-50$
SL Hold
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Near Protocol (NEARUSD).
The chart is self-explanatory. The price recently formed a double bottom but still in a descending triangle. If price breaks out of the triangle, there may be a chance for a upside to the resistance area noted in the chart. RSI is getting...
$NEAR :
Have been looking $Near since a couple of weeks.
IMO, this could be put up as :
1. Break the Yellow zone (Week's Close)., and might do a reversal scenario trying to oscillate between
Yellow zone & 1.618 Lvl.
{Long Positions are welcomed here}.
Timeframe required for this completely depends on BTC's behavior till Monthly's close.
2. It might dip...
