NEAR Protocol (NEAR) - May 23hello?
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(NEARUST 1W chart)
Support: 5.379-6.613
Below 5.379, there is a possibility of entering the mid- to long-term investment area.
(1D chart)
The 5.379-6.613 zone is a support zone, so it is important to find support in this zone and to be able to move higher than 6.613.
Therefore, you should check how it is supported in 6.613.
There is a possibility that a whip saw may occur in the 7.293-8.036 section, so careful trading is required.
In the short-term and medium-term perspective, it should rise to the 7.293-8.036 section to turn into an uptrend.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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NEARUSDT
$NEAR wave count since february bottomNear is approaching it's ath after an impressive rally. I will close long and look to open short when we reach above $20.
Honestly have to be careful (no/low lev) because the trend is strong and near is pumped easily. Very low liquidity coin with aggressive bull moves.
Touching the ath will certainly cause a selloff and complete the fifth wave up.
Short targets are $13.5 and $12.5. These are significant support levels which will likely reverse the trend.
Goodluck.
NEAR PROTOCOL close to support area ❌🧨The price is close to the weekly support area and middle of the descending channel ✔️
we
expect to see more correction for the price ❌🧨
and
other important point located on the chart ✔️
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Daily currency analysis near new updateThe points marked with green lines are good points to add this currency to the cart
If you have not made a purchase in the range of 10,452, we are currently at 14% profit and you can ignore this support and buy the lower range in case of a fall.
The points marked with green lines are suitable for adding this currency to the portfolio and we can maintain it in the long or medium term and make a profit.
note:All the projects to buy and add to the portfolio are also in my portfolio too...
Will NEAR's double bottom-defying BTC crash? NEAR is forming a bullish double bottom pattern. With the current BTC price action trending downward, this will have an impact on the overall ALTs. The completion of this pattern will provide positive sentiments for NEAR to reclaim the previous high. Before making the rally, NEAR must be able to break the supply zone (and retest not lower than the zone). Will NEAR defy the BTC crash?