NEARUSDT
NEAR - Updating historical lowsReasons to take short
⭐️ BTC is bearish
⭐️ Trend bearish
⭐️ Level is 14d old
⭐️ Level is visible on multiple timeframes
⭐️ Instrument doesn't show any power
⭐️ 3rd touch
⭐️ Under VWAP
We need more accumulation near the level before considering short. Instrument has to consolidate
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
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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$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 🐋