NEAR is out of the descending channel. Volatility has declined. The 50MA breaks up the 100MA on the 30m Timeframe. I expect that the price will continue to rise to the control point after it fixes above the resistance level.
The Near Protocol (NEARUSD) is currently rebounding after making a new Higher Low on the 7-month Channel Up just below the 1D MA200 (orange trend-line). The true Support is the 1W MA50 (red trend-line), which provided a rebound last time it made contact with the price on February 24. Since it firs started trading, NEARUSD has filled all Fibonacci extensions, with...
crab harmonic pattern: X=$126 A=$0.017 AB=0.61 XA BC=0.38 AB 0.78 BC=$2.69 0.88 BC=$3.3 1.6 BC=$15.28 0.78 XA=$18.82 2 BC=$33.95 0.88 XA=$45.8 2.24 BC=$56 2.6 BC=$123.5 1.13 XA=$401 3.6 BC=$997 1.27 XA=$1418 4.23 BC=$3627 1.41 XA=$4839 1.6 XA=$30000
So, this week the price will probably keep consolidating, while the ecosystem is growing fast, receiving projects and communities from Terra. No financial advice, stay safe.
After exiting the downtrend channel, volatility slowed down. NEAR formed an ascending wedge. The price is at the liquidity level. I expect that after the retest with fixing under the resistance level, the price will reach the support level.
Coming out of the range, NEAR continued to move in a downward channel. Volumes continue to increase as it falls. I expect that after correction to the resistance level NEAR will continue to decline.
had to clean up the chart, been trading a lot of this & $SOL 17.97 close was key as mentioned in the last post breakdown of orange trendline played out well LTFs/EMAs ww as at a key level rn
Tomorrow near protocol will dump, if can't break and close above 21ema h4, nfa
NEAR is starting to look pretty strong compared to the rest of the market. There's nearby overhead resistance in the form of both horizontal historical prices and downtrending MAs. Worth throwing a few bucks in now, and saving some capital in case it shows signs of weakness later.
NEAR continues to fall and holds the volatility for now. The price movement forms a downtrending channel. I expect that in case NEAR fixes under the resistance level, it will continue to fall to the indicated support level.
The 100MA has crossed down 200MA on the 4H Timeframe. Volume rises as levels are reached. I expect that now we will continue to accumulate liquidity, so when the price fixes above the support level, I bet on growth.
The price is moving in a downward channel. The 50MA has crossed down 200MA on the 4H Timeframe. Price NEAR is declining with increased trading volume. I expect retest and fixing under the resistance level, and after reaching the indicated support level.
I entered into a short position on Near at 16.8USD. I'm hoping for a retracement to around 8.3 USD in the coming weeks. Although, I am bullish on the Near coin long-term.
We broke the line of resistance. target 12usd Good luck!!! It is not financial advice just my opinion.
Since the last idea, the price broke the ascending channel down and many factors point to a downward movement, but locally we can expect a correction before the support level. In case of a false breakdown and fixation above the support level I expect the resistance level to be reached.
This could playout just waiting for a better entry. This is wrong if we break below this support.