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.
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.
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.
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 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...
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 think here is potential reversal point and near will goes up to yellow box which is a price gap and in continue after a correction it will goes up the black box
Nearprotocol perpetual goes up!!! after a little correction to yellow box and will go up the black box enshallah!!!!!!!!! :)))
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.
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
This could playout just waiting for a better entry. This is wrong if we break below this support.
The channel is narrow ... I would say very bearish ... to many people inside and it is time to short ... Good luck!!! It is not financial advice, it is just my opinon....
NEARUSD is now in a resistance zone and seems to want to decline, however I would refrain from short trading and wait for confirmation of the decline before buying