Yet another coin with great upside potential after the current pullback
Trading volumes declined. NEAR went down under liquidity. The upward structure was broken (4H TF) I think NEAR will be able to continue the downward movement after the price fixes under the support level.
Traditionally build up to conferences are good for tokens, even in a bear market. NEAR has a good conference coming up, with a lot of strong partners and some expected announcement, the build up to the conference should see some positive price action that should move us to $6 There is currently some resistance at $5.100 but we should break through it in the...
bullish structure tbh could be the first of a few coins to be putting in a strong august candle time will tell
Near is holding nicely $4 support. With Rsi seeing a slight correction with news and dom rising expecting it to fall to a level of 3.5$. And then show a leg upward again. But for this month of august expecting it to test $6 level.
Support has been found on the lower band of the ascending broadening wedge or the ascending megaphone Price has similarly to previously climbed into the Gaussian channel during its bear period (green rectangle)
The NEAR chart is generally similar to most other coins right now, but it has fewer arguments for growth. The asset is under liquidity. TD Sequential has formed a reversal signal downwards (1H TF) Price has tested 50MA as resistance (30M TF) I expect a continuation of the correction after fixing under the support level.
3.13 to 4.18 range was fun charted btc pair for bias will watch if we hold the level and up or back down LTFs/EMAs ww
Volatility has declined. Trading volumes decrease along with price declines = no interest in further declines. NEAR is above liquidity. TD Sequential has formed an up reversal signal on the 4H Timeframe. Price is out of the oversold RSI zone on the 1H Timeframe. I expect NEAR may change trend only after fixing above resistance level.
NEARUSDT now reverse from double bottom, so will expect 3.5-3.8$ in short term same time keep stop loss strictly
NEAR broke through the descending channel. The drawdown try was quickly bought out. The price is above liquidity. NEAR is currently trying to break up the liquidity zone. Main MAs are showing bullish sentiment (30m TF) 50MA break up 200MA (1H TF) I expect price to test the resistance level and if it fixes above it will continue to bounce.
Near in the short term. Passing 3.8 would mean having broken an accumulation trend and could point to the first interesting volume area in zone 4.9. They are not financial advice
Volatility is down. The price is above liquidity. I expect NEAR may bounce if it fixes above the lower boundary of the descending channel.
I don't know how this reaction rally will unfold BUT #NEAR becomes clearly a good SPOT BUY opportunity for a min %200 gain if a BULLISH reaction were to take place between 2.45 and 1.25 level
The question is not how long will last this BEAR Cycle... BUT where the wave C is going to end? and also what is the potential reaction rally to it? 1st level of interest: 90% level retracement at 2.45 This is also another 30% SELLOFF that matches with the total Market Cap Next SUPPORT area (Another 30% drawdown to come) Wave C projection at 1.382 (another...
NEAR has broken the downward channel and is now trading in the liquidity zone. On the 1D Timeframe, price ignored the reversal signal on TD Sequantial. RSI is oversold on the 1D Timeframe. I expect that the price will test the liquidity zone and if it fixes in the range, it will give a local bounce.
NEAR has formed a descending triangle. During the movement in the triangle, trading volumes decreased. Volumes and volatility continue to decline. The price is above the liquidity zone. I expect that after the exit of the triangle the price will test the resistance level, and after fixing above it will continue to grow.
NEAR is moving between two liquidity zones. The price holdes the trend line. Volumes of trading is increasing. I expect that the price will growth after fixing above the resistance level.