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NEARUSD

NEARUSD Still inside a Channel Down despite the rise.NEARUSD is having today the strongest 1D green candle since January 14th. With that, it crossed over the MA50 (1d) for the first time since April 26th. Despite the positives, it remains inside a long term Channel Down since the start of February and we should treat it as such. Trading Plan: 1. Sell at the top of the Channel Down. 2. Buy if the price breaks over the Falling Resistance. Targets: 1. 1.3700 (0.236 Fibonacci level). 2. 2.4000 (Resistance 1 and 0.786 Fibonacci). Tips: 1. The RSI (1d) has already crossed over its Falling Resistance and reached he highs of April 15th. That might be an early Channel Down bullish breakout sign for the price. Please like, follow and comment!!
CRYPTO:NEARUSD
by TradingBrokersView
NEAR - I will invest at $0.5Hello, guys! It's time to consider the altcoins which I plan to invest in. The first one is NEAR. I know it's fundamentally strong crypto asset which will show the huge growth in the next bull cycle with the high probability. I marked the large bear market waves 3 and 4 and potential wave 5 to make it clear which market straucture I am going to trade. I consider now NEAR is printing last wave 5 which shoul contain with 5 waves also. It looks like nowa asset is in the wave 3 - the most impulsive one. Thus, in my opinion any purchases now are too dangerous. The target area where I expect the bottom is 1.61 Fibonacci extension. This is approximately $0.5 per coin. Best regards, Ivan _______________________________________ Subscribe now and never miss an update 👍
by Skyrexio
7
Significance of the 2.240-2.328 intervalHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ** Analysis of the BTC chart publishes new ideas once a week. ** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations. ** Excluding the above situation, BTC analysis is listed as a daily update. ------------------------------------- (NEARBTC 1W Chart) The key is whether it can rise above 0.0000 9561 to 0.0001 0554. ------------------------------------------- (NEARUSDT chart) You can see that a volume profile section is formed around 2.240-2.328. So, the question is whether it can sustain the price by moving above 2.328. The area around 3.198 is an area where you can buy in long-term terms. So, a rise to 3.198 is the target for now. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto