NEAR Protocol / NEARUSD is trading inside a 1 year Channel Down.
The price is lately inside a smaller Channel Down that failed today and got rejected on the 1day MA50.
The 1day RSI howver has been on a Channel Up in the meantime, which is a huge bullish divergence and resembles the mid September 2024 rejection.
That was on the larger scale though a bottom for the Channel Down that initated a big rally to its top.
Buy and target $7.000.
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The price is lately inside a smaller Channel Down that failed today and got rejected on the 1day MA50.
The 1day RSI howver has been on a Channel Up in the meantime, which is a huge bullish divergence and resembles the mid September 2024 rejection.
That was on the larger scale though a bottom for the Channel Down that initated a big rally to its top.
Buy and target $7.000.
Follow us, like the idea and leave a comment below!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.