NEARUSDT Analysis by Ravindra kaware
As you can see on the chart , the way I have drawn fibonacci levels it clearly gives us tops and bottom of any asset under consideration
All levels considered have meaning so don't neglect any of this levels
U can see the top was fib level 3(19.5$) from where we retracted till here which I feel is incomplete swing high because 3.618(23$) is golden level which is not yet tested so keep an eye on NEAR for long term 😉
Currently price is jumping between 5.8 to 6, my weekly prediction is around 5.12 why because it is 0.236 fib level on 4hr time frame and it has fresh demand zone on 3hr time frame
My monthly target is 9.24 to 9.475$ because it is 2.618 fib level(golden ratio) and there is fresh supply on daily time frame
All levels considered have meaning so don't neglect any of this levels
U can see the top was fib level 3(19.5$) from where we retracted till here which I feel is incomplete swing high because 3.618(23$) is golden level which is not yet tested so keep an eye on NEAR for long term 😉
Currently price is jumping between 5.8 to 6, my weekly prediction is around 5.12 why because it is 0.236 fib level on 4hr time frame and it has fresh demand zone on 3hr time frame
My monthly target is 9.24 to 9.475$ because it is 2.618 fib level(golden ratio) and there is fresh supply on daily time frame
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