NEARUSD
NEAR Protocol (NEAR) - June 14hello?
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(NEARUSDT 1W Chart)
Below 5.379 is likely a mid- to long-term investment area, so careful trading is required.
The key is whether it can find support and move higher near 3.226.
(1D chart)
In the short-term and medium-term perspective, it needs to move above 5.379 and find support to turn into an uptrend.
To do that, we need to make sure we can get support around 3.226.
Since the 5.379-6.613 section is the section that determines the trend, it can be said that it is completely converted to an uptrend only when it rises above 6.613, so you need to check whether it is supported in this section.
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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 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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NEARUSD ❕ -85% from ATHNEAR has broken the downward channel and is now trading in the liquidity zone.
On the 1D Timeframe, price ignored the reversal signal on TD Sequantial.
RSI is oversold on the 1D Timeframe.
I expect that the price will test the liquidity zone and if it fixes in the range, it will give a local bounce.
NEARUSD ❕ triangleNEAR has formed a descending triangle.
During the movement in the triangle, trading volumes decreased.
Volumes and volatility continue to decline.
The price is above the liquidity zone.
I expect that after the exit of the triangle the price will test the resistance level, and after fixing above it will continue to grow.
Up to 60% long on NEARConsidering the payoff from $5, I have so far returned to the scenario with the completeness of the wave flat, but this scenario does not fit with #bitcoin and the entire market, so it will most likely have to be changed later.
In the meantime, an impulse has gone up locally, so from the correction, you can try to enter with a stop behind the low and then see what the movement will grow into. Even if the growth is within the ABC, then R:R will be more than 1:3
NEAR/USDT BUYING SETUP (SWING)Buying #NEAR/USDT (SWING)
$NEAR Breakout descending channel and rejection after hit strong resistance and potential down retest first before try to back breakout resistance . close if can't breakout supply zone
Buy zone : 5.4 - 5.1
Target : 6.126 - 6.481 - 6.931 - 7.574 - 8.731 - 9.957
Stop : 4.9
NEAR/USDT - Potential Short ScenarioHello Traders!
NEAR price began its development in the downward direction.
Technical confirmations for the continuation of the movement are the exit of the price under the MA100 on the two-day timeframe, as well as the exit of the indicator in the bearish zone.
The return of the Bitcoin price to $30,000 was a rally for the market. Consequently, after the exit of the asset price in the zone of $6.38 - $7.38, we can expect a continuation of the movement in a downtrend.
For a set of medium-term purchases, it is optimal to wait for the exit of the price in the area of $1.60 - $2.08.
It is better to buy in parts, beginning from the support level of $2.08 and ending at the price level of $1.60.
The targets for such purchases will be the price levels of $3.62 and $4.75
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
TS ❕ NEARUSD: accumulation zoneNEAR is moving in the accumulation zone and has now reached the support level, from which it has already bounced up. I expect movement to the resistance level.
BUY scenario: long to 7.8.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
NEAR Protocol (NEAR) - May 23hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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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.
------------------------------------------------------------ -----------------------------------------------------
** 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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