NEAR is trading above the support zone at $9.11. If it can stay above this support, we could start seeing a move towards $10.81, $12.07, $13.34, $15.15, $17.45 and $24.09. Failure to hold the support at $24.09 could lead to a drop towards $8.20, $7.83 and $6.70.
Hello friends, it is clear that the resistance has already broken the price of its weekly time frame, now the resistance in the daily time frame has also broken.
buy with respect to the loss limit, I think it will be profitable ... GoodLuck and dont forger to like me :D
Appears to be in the early stages of wave 3 which should see prices stretch VERY high, Setup is very clean here and imo a high chance this actually does play out.
hello guys
as you can see in the chart NEAR was able to break the dynamic resistance line (marked in red) powerfully last week. and now it seems that price is going to test the intersection of broken resistance and bullish trend line(marked in blue).
this intersection zone can be a good place to buy(aiming for the channel's upside)
Near Protocol (NEAR) cryptocurrency was among the few digital currencies that sustained a big rally while the cryptocurrency market underwent a massive sell-off. In Elliott Wave analysis, the ABC pattern is a 3-wave pattern where wave A and wave C are equal in length.
ABC Pattern
From October’s 2020 low through March’s high, NEAR developed its first leg A. The...
The daily chart shows that yesterday’s melt-up lifted NEAR Protocol above a descending trend line at $6.90. This accelerated the buying, and as a consequence, NEAR cleared the previous all-time of $7.4500. This now becomes the first level of support, followed by the former trend resistance, now seen at $6.85.
How far can the rally take NEAR? Considering the...
The price action in NEAR has brought us to the ATH in this month of August.
It is evident that many parties have an interest in NEAR and this is observed by this price action.
We will no longer be far from the ATH. The most likely is a correction and accumulation in the intermediate levels of the fibonacci, which in turn follow the uptrend seen in the chart.
In...
There is an important support from the beginning around $1.7
We are in the intersection of the uptrend, downtrend and this lateral support.
One week will hold ! HODOR !!!
Target price for sunday $1.8
NEAR rebounded on the MA 100 on the daily chart. RSI rising again. I assume this is the refuel stop that it can continues his bullish trend.
We should see NEAR rising again from that point
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.
--
Trade wisely folks.
Near looks to be making it's next leg up also, already on a great uptrend and printing very bullish market structure here, I am an ICO holder so not adding to position just holding and watching here. They have also released "The Rainbow Bridge' which can now bridge ERC20 tokens to near blockchain and back to Ethereum which is extremely bullish.
