From Near/Usdt 1W chart, the price of $Near is accumulating momentum to resume a short bullish movement. From the chart pattern, since price went very close to the previous support at $3.9 and could not break it below that level, we should get a price value of $5.1 at the end of September.
Hello Guys!
This is an analysis for the price of $Near for the week ending on Sunday 11:59 pm UTC.
The chart shows that price is still bearish and the pattern appears to remain bearish following the channel lines drawn.
The fibonacci lines indicate that price will remain at $3.15 this weekend.
This is because there are no impulse signaling a change in trend yet...
Here’s my analysis and view for the price of Near for Sunday 11:59pm UTC.
My analysis is drawn from the NEARUSDT 1D chart. The methodology here is purely price action analysis. The channel lines show that the overall condition and trend is bearish. The higher highs of the chart pattern from the ATH and the next high are steeply apart by just $0.8.
From the price...
The chart is a 1D NEARUSDT chart showing the closing off of the bearish trend. There is a resistance at the $6.53 price level which has been tested twice within this week and would likely be broken when retested again. The overall trend is still bearish and would be rallying around the $5.1 to $6.5 price range for the coming days.
The price of $Near on Sunday 5th...
