readCrypto

The key is whether it can rise above 2.24

readCrypto Mod Updated   
BINANCE:NEARUSDT   NEAR / TetherUS
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(NEARUSDT chart)
Among the coins that are expanding the coin ecosystem, NEAR is one of the coins that has not yet risen above the MS-Signal indicator on the 1M chart.

Accordingly, the key is whether the price can be maintained above 1.99 and rise above the M-Signal indicator on the 1M chart.


(1W chart)
To do so, it is necessary to check whether the price can be maintained by rising above 2.24.

If that happens, it is expected to lead to a movement to rise above the M-Signal indicator of the 1M chart and an attempt to break through the MS-Signal indicator of the 1M chart.


(1D chart)

The key is whether the price can be maintained by receiving support around the 1.870-1.964 range and rising above 2.272.

Accordingly, it is becoming important whether the price can be supported by rising to the box range of 2.086-2.404.

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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.

This is the section expected to be touched in the next bull market, 81K-95K.

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** All explanations are for reference only and do not guarantee profit or loss in investment.

** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA

** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.

** This chart was created using my know-how.

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Comment:
#NEARUSDT #NEAR
Although it is showing a large decline, I don't think it has a significant impact on the trend.

There is a possibility that a full-fledged upward trend will begin only if the price rises above 2.24 and is maintained.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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