Nearlong
#NEAR/USDT 1DAY UPDATE Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys.
Near protocol (NEAR) was another notable mover on Tuesday, as the token also hit a three-month low.
Following a high of $3.54 to start the week, NEAR/USD slipped, dropping to an intraday low of $3.12 earlier today.
This sell-off pushed the token to its lowest point since July 13, which is the last time prices were trading at the support of $3.00.
Looking at the chart, the RSI is now also oversold and is currently tracking at 31.15 as of writing.
Historically, at current levels, bulls typically begin to circle, looking for an opportune moment to buy.
We’ve seen some signs of this already, with NEAR now moving away from earlier lows, and trading at $3.19 as of writing.
Sorry for my English it is not my native language.
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Trend for Near Protocol The NEAR protocol (NEAR) is compressed into a trend line .
The pressure shows that buyers are willing to buy more and higher and there is not enough seller so the price goes up even more.
This is in line with the bitcoin trend
Pump fuel will also be traders who open sales positions and close them at a loss and give more liquidity to buyers.
Do your analysis before trading.
Near is near for a big shortNear/usdt Chart is showing obvious going down right now and we still have a good level to short as you can see (yellow level) if bitcoin goes up, and if btc goes down rapidly then it wouldn't get hit, ultimately I think we go to the blue trend for sure and most probably it will fall under it so badly
Near for the Long Haul!If you have been following Near then this chart will make sense to you. Ultimate target: 2.12 . Buy @.90 cents (if possible) 1.10 seems like a lesss greedy aproach lol and could very well be the only buy option. if not and this thing chooses to Rocket up! hop on that train and sell at 2.12 , wait for consolidation and then report back here for a new chart. Our Oscillator worries me a bit.. This is why I believe there will be a couple retraces before moving higher. But that 2$ mark is undeniable.
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