NEAR LONG 50 XNEAR LONG Futuers 50x #NEAR/USDT LONG ⚜ Leverage: 50x BINANCE:NEARUSDT.P Entry: 1.494 - 1.5 Target: 1.503 1.516 1.53 1.546 1.57 1.62 1.67Longby mohamedzamil221
NEAR/USDT Continue Upward Momentum ?? NEAR Analysis Today💎 NEAR has undoubtedly seized our attention with its remarkable rally, initiating a strong upward movement from $0.97 and effortlessly breaking through the descending channel pattern. Observing the chart, NEAR appears to be in a legitimate retesting phase, positioning it to potentially extend its upward trajectory. 💎 Currently, NEAR is approaching a critical juncture at the supply zone. Failure to penetrate this area could prompt a retracement to the demand zone for NEAR to regroup and build fresh momentum. This development could be beneficial, considering that, from a broader timeframe perspective, NEAR hasn't undergone a correction phase yet. 💎 Conversely, should NEAR manage to breach the supply zone promptly, Probability could set its sights on reaching further targets, including the next supply zone and the bearish OB. 💎 However, there's a downside scenario to consider. If NEAR retraces to the demand zone and fails to sustain its position, leading to a breakdown, it could signal a bearish turn. In this case, NEAR might set a downward course towards the next support level. This stage is critical, as NEAR would need a substantial rebound to reassert itself above the support level or risk a further descent towards the key support zone, potentially intensifying the bearish sentiment.by MyCryptoParadiseUpdated 6
NEAR PERPPETUAL TRADE, Bought at $1.47NEAR PERPPETUAL TRADE NEAR BUY SETUP Currently $1.47 Bought at $1.47 (Trading plan If NEAR go down to $1.43 we will add more buys) Expecting target $1.52 or above Incase of early exist will update this anaylsis Its not a Financial Advice Longby salahuddin20041Updated 1
NEARUSDT Elliott Waves Analysis (midterm expectations)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. After correction will looking for new long position. Entry: 1.3 - 1.15 Targets: 1.5 and 1.7 after first target reached move ur stop to breakeven Stop: ~1 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 2 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestionsLongby trytofeelpositive9
bullish pennant...?the pattern is a bullish setup, but isnt likely to complete for the higher target because the high caps have a rising wedge setup. this may complete if we get another drive on the high caps and usdt does a harder test of 6.5%. by MtGoxFX1
NEARUSDT.1DBased on the provided market data, the NEAR/USDT pair is currently in a strong uptrend, as suggested by the high Relative Strength Index (RSI) readings on both the 4-hour (85.90) and 1-day (86.66) charts. These RSI values are above the commonly used overbought threshold of 70, which often suggests that an asset may be getting overvalued and that a price correction could occur in the near future. However, it's important to note that assets can remain overbought for extended periods during strong uptrends. The Moving Average Convergence Divergence (MACD) is positive on both 4-hour and 1-day charts, further confirming the ongoing bullish momentum. However, the MACD on the 7-day chart is negative, suggesting that the long-term trend is still bearish. The price is currently trading close to the upper Bollinger Band (BB) on all three timeframes, which usually indicates the asset is overbought. The supports and resistances indicate potential areas where the price could bounce or face rejection. In conclusion, the NEAR/USDT pair is showing strong bullish momentum in the short-term, but the overbought conditions and the negative MACD on the 7-day chart suggest caution. It might be wise to wait for a potential price correction or for more bullish signs on the longer-term chart before considering a long position. Please note that this is just a technical analysis perspective based on historical price patterns and indicators. It does not take into account fundamental factors or potential upcoming news events that might impact price. Always do your own research and consider your personal risk tolerance when making trading decisions.by MarsSignals0
NEAR / NEARUSDTGood Luck >> • Warning • Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end. The risk management of the position must comply with the stop loss. (I am not sharing financial or investment advice, you should do your own research for your money.) Shortby J_umaa4
Are we NEAR a turning point?NEAR Protocol (NEAR) has been experiencing a prolonged downtrend since April 22, 2022, encountering strong resistance at $17.86 on the daily chart. However, recent price action suggests a potential reversal, as buying strength emerged on June 23, 2023, following a significant sell-off. Bears drove the price down to $1.161, but buying activity subsequently ensued, resulting in a 34% increase over the past 12 days. Several bullish indicators have emerged for NEAR Protocol, including the breaking of the 80 level on the oscillator. This indicates that the buying momentum has increased, potentially signaling a shift towards a bullish trend. To determine an entry point, it is advisable to wait for a MOON signal to be confirmed via ROBO. ROBO is a technical analysis tool that provides signals based on multiple indicators. In this case, the confirmation requires the presence of 2 out of 3 signals, which indicate a bullish trend. This methodology helps to minimize false signals and increase the probability of success. However, it is crucial to note that the cryptocurrency markets are highly volatile at the moment. While ROBO may remain bullish, there is a possibility of a minor drawback before the continuation of the upside movement. It is important to monitor the market closely and adjust strategies accordingly. Based on the provided information, my main personal target for NEAR Protocol is $1.836. This target represents an upward price projection. Remember, technical analysis is just one aspect of investment decision-making. It is important to consider fundamental factors, market sentiment, and risk management techniques before making any investment or trading decisions.Longby AXiVentureUpdated 2
NEAR updateAMEX:NEAR update... First attempt failed, this is my second attempt... If this trade is also stopped I'll wait for confirmations around ~1,55... Be safe... #trading @NEARProtocol #Near #NEARProtocol #altcoinsShortby PA_Koala_C3
📈 NEAR Falling Wedge Breakout ! Prepare to be amazed by Near Protocol's recent price action, which has unveiled a masterpiece in the world of chart patterns – a massive falling wedge. As this wedge pattern developed right above a significant support zone, the subsequent breakout couldn't be more bullish, setting the stage for exciting potential price movements. 📐🚀 Unwrapping the Falling Wedge The falling wedge is a remarkable chart pattern in which the price forms a series of lower highs and lower lows, converging within two trendlines that slant in the same downward direction. This pattern typically signals a bullish reversal, hinting at the potential for an upward surge. A Showcase of Bullish Precision Near Protocol executed this falling wedge with textbook precision. What's more, this pattern materialized just above a substantial support zone, further emphasizing its importance. The price approached the pattern with a bounce off this support, retesting the zone before gracefully breaking out. The Path to Price Appreciation The breakout from a falling wedge like this suggests that Near Protocol is poised for a considerable price appreciation. Such patterns are often accompanied by increased buying interest and trading volume, creating ideal conditions for substantial upward movements. Trading Strategy: Capitalizing on the Breakout For traders and investors in the crypto space, recognizing and capitalizing on these patterns is a fundamental skill. The breakout from a falling wedge can be an excellent opportunity to enter or add to a position, provided it aligns with your overall trading strategy. Conclusion: Near Protocol's Artful Ascent Near Protocol's falling wedge breakout is a testament to the artistry that price action can exhibit on the charts. As we witness this spectacular move, it's an opportune time to stay vigilant and explore the potential that this bullish pattern may bring. 🚀 Crypto Insights | 💡 Trading Strategies | 💰 Market Analysis ❗See related ideas below❗ Share your thoughts and insights of Near Protocol. 💚🌐💚Longby Yaroslav_Krasko1114
NEARUSDT (1H) - Bullish breakoutHi Traders NEARUSDT (1H Timeframe) The market is in an uptrend, and we are waiting for an entry signal to go LONG above the 1.334 resistance level. Only the downward break of 1.248 would cancel the bullish scenario. Trade details Entry: 1.334 Stop loss: 1.248 Take profit 1: 1.386 Take profit 2: 1.471 Score: 8 Strategy: Bullish breakout Longby Avramis6
NEAR ready to take action Near ready to take action. Overall NEARUSDT been bullish over the last days but my trend analysis currently showing some weaknesses and the bouncing from previous fair value gap. SHORT ENTRY: 1,2 STOPLOSS: 1.265 TAKE PROFIT 1.079 TAKE PROFIT: 1.02Shortby ViltautasUpdated 1
long NEARAMEX:NEAR broke through the resistance level and the descending trendline. Bullish movement is expected to continue and reach the resistance level at $1.60. Longby Cryptobees_buzz13
NEAR coin is preparing to riseThe Moving Average100 level will be breached, causing the currency to rise towards higher areasby Tegdz2
$NEAR - huge potentialWith MYX:AURORA skyrocket since yesterday, it is good idea to keep close eyes on $NEAR. Technically, bouncing from EMA50, TF H4 will be a good entry pointLongby suwitcha1
NEAR Q3 OverviewExecutive Summary NEAR Protocol stands as a Layer-1 (L1) smart contract blockchain that couples a state-of-the-art sharded architecture with an emphasis on offering a user experience reminiscent of Web 2 platforms. While maintaining the security and decentralization integral to blockchains, NEAR aims to surpass the capabilities of prior chains, such as Ethereum, in terms of usability, efficiency, and scalability. Recognizing and aiming to overcome Ethereum's limitations, NEAR incorporates sharding. This key distinction allows the blockchain to significantly enhance its throughput, accommodating a more substantial transaction volume by dividing the blockchain into smaller, concurrent shards. A pivotal differentiator for the NEAR Protocol, sharding was introduced in November 2021 as Nightshade. This technique allows validators to process only transactions specific to their assigned shards, enabling potentially infinite scalability. For end users and investors, Nightshade ensures quicker transaction speeds at reduced fees. Diverging from traditional sharding methods that split the blockchain into multiple states, NEAR's design maintains the blockchain as a singularly sharded entity. Additionally, a synchronized state mechanism ensures that a change in one block's state prompts adjustments in other shards correspondingly. In March 2023, NEAR unveiled the Blockchain Operating System (BOS), a groundbreaking open-source platform that allows developers to craft applications across various blockchain environments using well-known programming languages. Moreover, it provides crypto users with an experience reminiscent of Web 2. Designed to be inclusive, BOS appeals to Web3 veterans and those new to the decentralized web. By ensuring easy onboarding, robust security, and seamless cross-chain interactions, BOS is setting a new paradigm for Web 3 application development. The NEAR Foundation, with the inception of the NEAR Digital Collective (NDC) and a pivot to community DAOs, is pioneering a transition to a more democratized and decentralized framework compared to the conventional Board-based system. Launched in Q3 2022, the NDC represents a concerted effort to decentralize decision-making within the NEAR network, emphasizing transparency through defined treasury management and embracing decentralized governance with on-chain voting. Furthermore, the NDC aspires to advance validator decentralization and stimulate the development of the core protocol and infrastructure. Looking forward into 2024, the Near protocol will introduce several pivotal milestones, including the next step in Nightshade sharding, meta transactions, zero-balance accounts, a Global Storage proposal, and more. Introduction to Near NEAR Protocol is a Layer-1 (L1) smart contract blockchain with a bleeding-edge sharded design and an emphasis on an intuitive Web 2-like customer experience, all while preserving the security and decentralization users expect with a blockchain. Established in 2018, it sets out to achieve improved usability, efficiency, and scalability over preceding chains like Ethereum. Founded by Illia Polosukhin and Alexander Skidanov and spearheaded by the Near Collective, the NEAR Protocol was envisioned to serve as a community-driven cloud computing PoS blockchain and a decentralized hub tailored explicitly for hosting innovative decentralized applications. The central motivation behind NEAR's technology is to prevent network congestion and furnish a conducive environment for developers, thereby promoting on-chain protocol development. Early on, NEAR identified certain operational challenges in Ethereum, particularly related to network congestion and high/volatile gas fees, that it looked to solve. To do so, Near turned towards sharding. A key differentiator for NEAR, sharding, in essence, provides the ability for a blockchain to increase its throughput and handle a larger number of transactions by partitioning the blockchain into smaller parallel shards. In its pursuits, Near introduced an original approach to sharding in November 2021 known as Nightshade, initially unveiled as Simple Nightshade. The underlying principle of Nightshade is that validators are not burdened with the task of processing every incoming transaction. Instead, they only handle transactions that are within specific shards. By doing so, Nightshade paves the way for theoretically limitless scalability. But what does this mean for the end user or investor? Primarily, this approach, which is entirely abstracted from the end-user experience, allows for reduced transaction fees while ensuring rapid transaction speeds. Additionally, Near recently launched a new initiative in early 2023 known as the Blockchain Operating System (BOS). This development represents a significant shift in how we perceive blockchain platforms. The BOS is designed to integrate seamlessly with various blockchain systems while facilitating decentralization and discoverability, which have historically been impossible to achieve together. Essentially, the BOS is grounded in blockchain technology but broadens its application by acting as a universal layer, making it adaptable to different blockchain frameworks. One of its primary features is the provision of a decentralized platform for front-end development. This platform aims to simplify the creation of blockchain applications by emphasizing clarity and flexibility. One of the core advantages of BOS is its potential to decentralize user interactions, improve security protocols, and enhance the modularity of components. Additionally, it prioritizes compatibility across diverse blockchains, presenting developers with a more intuitive and straightforward development environment. NEAR Technologies Blockchain Operating System (BOS) In March 2023, the NEAR protocol introduced the Blockchain Operating System (BOS), an open-source platform empowering developers with the flexibility to build across diverse blockchain environments using familiar programming languages and equipping crypto users with a familiar Web 2 UX. The BOS is designed to be inclusive and democratize the open, catering not only to seasoned web3 enthusiasts but also to the broader audience who might be newer to the decentralized web. A significant breakthrough in the system is eliminating the immediate need for a new user to own any cryptocurrency, substantially reducing the friction of user onboarding. Additionally, the BOS interface streamlines access and navigation, making it more user-friendly for both developers and the general populace. Moreover, it enables users to search through a portal to diverse communities and applications, all the while prioritizing data privacy. Further, the BOS's user-centric design, coupled with its focus on accessibility, does not just simplify the onboarding experience but also bolsters the discovery of new applications. Remarkably, the BOS functions both as a development platform and a social network. It’s an environment where users can both deploy and unearth new applications. In delivering straightforward onboarding procedures, unmatched security, and fluid interactions across all chains, the BOS is reshaping the framework for constructing Web 3 applications. Source BOS Under the Hood The Blockchain Operating System (BOS) by NEAR seeks to redefine the landscape of Web3 applications through its unique architecture based on three pivotal elements: components, blockchains, and gateways. Here, we will delve into the significance of each element and examine how they collectively shape the BOS framework. Components: The Building Blocks of BOS Components exist at the decentralized application (dApp) layer and can be equated with notable platforms such as Lido, Uniswap, Compound, and others. They stand out for their on-chain storage, high degree of transparency, and their ability for developers to fork these applications, harnessing their functionalities and composability to craft comprehensive web applications. Storing the entirety of a component's code on-chain not only ensures auditability but also bolsters security. With the code readily available for scrutiny in blockchain explorers, users can operate these applications locally, enjoying resilience against potential censorship and a streamlined user experience. This ability to natively audit and locally run the applications represents a paradigm shift in the user-app relationship. Blockchains: The Underlying Infrastructure The versatility of components and the BOS becomes apparent in their ability to interact with numerous blockchains and smart contracts instead of just one chain. Currently, BOS offers compatibility with all EVM chains, such as Ethereum, Polygon, Arbitrum, and Optimism, as well as, the native NEAR platform. As EVM chains dominate the TVL in the DeFi space, the BOS’ ability to work across nearly all enables users to tap into nearly all the liquidity and top dApps in the crypto economy. NEAR's capability to efficiently and cost-effectively store HTML/CSS/JS makes it the preferred choice for hosting app source codes. Gateways: Bridging the Gap to Decentralization Gateways, the third pillar of the BOS, facilitate the delivery of decentralized front-ends to a broader audience. Each gateway is underpinned by a bespoke virtual machine (VM) equipped to load and run frontends for protocols, be they Ethereum-based, Layer 2 solutions, or alt-L1 platforms like NEAR. All code pertaining to these frontends finds its home on the NEAR blockchain. The gateways are diverse, ranging from wallets and portfolio tools to distinct applications like SWEAT. They cater to tasks as rudimentary as adding swap functionality or as intricate as erecting decentralized app stores. Integrating this expansive functionality requires just the addition of a JavaScript library, followed by a selection of desired app front-ends. Prominent gateway exemplars include near.org, bos.gg, near.social, Cantopia, and nearpad.dev. The decentralization of composable front ends enabled by the BOS is unique to Near, filling a conspicuous and much-needed void in the crypto arena. Instead of relying on centralized data servers, these front ends are blockchain-stored, promoting both composability and resistance to potential censorship. Historical instances, such as Uniswap's token delisting and the sanctions imposed on Tornado Cash, underscore the vulnerabilities of front ends. BOS’s decentralized approach allows developers the flexibility to fork these front ends and build in the truly OSINT environment that the cryptocurrency movement was built upon. BOS Advantages The BOS aims to integrate decentralization with discoverability and developer flexibility. Central to the BOS framework is its array of Web3 development tools that are crafted with the intent of pushing Web3 mainstream. From the onset, the system is designed to enhance user onboarding, improve cross-chain development and app discoverability, and create a seamless UX for Web3 users. This last point on abstracting away different blockchains for a seamless Web3 experience has benefits beyond simply improving UX. It can potentially also reduce the liquidity fragmentation and tribalism associated with a fragmented crypto economy built around disparate, siloed blockchains. The BOS proposes a solution to this by striving for a consistent user experience across multiple blockchains and allowing developers globally to access and implement various Web3 components. With users and developers now (potentially) unable to discern which blockchain they are using, there is no longer a need to promote one over the other. None of this is possible without the composability offered by the BOS. The system aims to be chain and language-agnostic, allowing developers to reuse and adjust different components while utilizing the language of their choice. The BOS supports a variety of languages for smart contract development, including JavaScript, Rust, AssemblyScript, and Solidity. Complementing this are their collaborations with established cloud providers, namely Google, Seracle, and Alibaba Cloud, to make transitioning from Web2 to Web3 as comfortable as possible. In addition, NEAR has initiated the NEAR Dev Hub, a platform envisioned as a resource hub for developers. Preliminary outputs from this initiative include sponsored hackathons and the establishment of community groups. Thresholded Proof of Stake The NEAR Protocol operates on a distinct consensus mechanism known as "Thresholded Proof of Stake" (TPoS). Similar to other PoS implementations, TPoS still uses validators, who must stake NEAR tokens to participate, to validate transactions and ensure the integrity/security of the network. However, within the TPoS environment, validators can assume one of four pivotal roles: Chunk Producers: Their primary responsibility is to authenticate transactions on individual shards, subsequently crafting a chunk, often referred to as a "shard block", from their designated shard. Block Producers: These validators gather chunks from their chunk-producing counterparts associated with discrete shards. Their function culminates in the production of a block, which is then added to the primary chain. Hidden Validators: Operating under a veil of confidentiality, these validators authenticate random shards — shards whose identity remains a secret to them and is undisclosed to the public. This veil serves a dual purpose. Firstly, it considerably complicates the task for any malevolent entities attempting to compromise them. Secondly, it robustly augments the chain's overall security measures. Fishermen: Actively overseeing certain chain segments, these validators act as the guardians against fraudulent activities. They constantly monitor, ready to flag any nefarious activities. Interestingly, their operational requirements are modest — a minimal stake. However, this role, though critical, doesn't confer any rewards. Central to TPoS is its innovative auction system employed to select validators. This methodology, in essence, discourages the practice of pooling. When validators amass resources, they not only amplify their individual rewards but also consolidate control over the chain. Such centralization runs counter to the foundational principles of blockchain, which emphasize distributed control. The TPoS design confronts this challenge head-on by placing natural barriers against pooling. Additionally, TPoS tackles the issue of consensus forking — a scenario in which multiple validators simultaneously contribute blocks to the chain. Such events can elongate the time required for transaction finality. By minimizing the possibility of these forking instances, TPoS ensures swifter transaction finality. Validator Requirements Validators bear the critical responsibility of validating and executing transactions across the entirety of NEAR's sharded blockchain. Additionally, they monitor their peers (other validators), ensuring no invalid blocks are produced or alternate chains are formed. Validators found compromising network stability undergo "slashing," where part or all of their staked assets are confiscated. To compensate for their services and inherent risks, NEAR validators receive a inflationary protocol rewards, amounting to 4.5% of the total supply annually. Given the complexity of the validator role, there are stringent hardware requirements (e.g. costs) for anyone looking to run one. To effectively run a validator, a robust system configuration, consisting of an 8-Core CPU, 16GB of RAM, and 1 TB SSD storage, is necessary. Current estimates indicate that the monthly expenditure for hosting a block-producing validator node stands at $330+. This excerpt just scratches the surface, for the full report, click here . Editors' picksEducationby ReflexivityResearch55107
NEARNEAR long falling channel possible breakout It's not a financial advice Always DYORLongby SignalxBTC1
NEAR/USDT - NEAR Protocol: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the AMEX:NEAR / CRYPTOCAP:USDT chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 1.094 | 1.131 | 1.23, and the major support zones can be found at 0.995 | 0.933 | 0.834. Consider entering at the current price zone of 1.151 and targeting higher levels. ◰◲ General info : ▣ Name: NEAR Protocol ▣ Rank: 44 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: NEAR is a decentralized development platform that uses a Proof-of-Stake (PoS) consensus mechanism and will eventually feature a sharded architecture to scale transaction throughput. Its block generation scheme is called Doomslug and its proposed sharding design is dubbed Nightshade. These technologies will work together to scale the network and minimize congestion. NEAR has also been designed to be developer and user-friendly as it features a few key innovations to accelerate the application development and user-onboarding processes. The NEAR blockchain was created and developed by the NEAR Foundation. Its mainnet went live in April 2020, and network validators voted to unlock token transfers in October 2020. NEAR's bridge to Ethereum (called the Rainbow Bridge) launched in March 2021. ◰◲ Technical Metrics : ▣ Mrkt Price: 1.151 ₮ ▣ 24HVol: 22,726,465.007 ₮ ▣ 24H Chng: 9.933% ▣ 7-Days Chng: 14.38% ▣ 1-Month Chng: 5.37% ▣ 3-Months Chng: -15.50% ◲◰ Pivot Points - Levels : ◥ Resistance: 1.094 | 1.131 | 1.23 ◢ Support: 0.995 | 0.933 | 0.834 ◱◳ Indicators recommendation : ▣ Oscillators: SELL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -1.76 ▣ Last 90D: -2.58 ▣ Last 1-Y: -0.90 ▣ Last 3-Y: 0.73 ◲◰ Volatility : ▣ Last 30D: 0.36 ▣ Last 90D: 0.39 ▣ Last 1-Y: 0.81 ▣ Last 3-Y: 1.34 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.55 - Bullish ▣ Reddit sentiment score is 0.57 - Bullish ▣ In-depth NEARUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -by Crypto2AFUpdated 0
NearusdtNearing its 2nd lowest range low around 1$ Interesting chart Wonder if zkrollups are still useful i spose..by olliecoughland2
NEARNEAR down trend channel looks juicy for short It's not a financial advise Always DYORShortby SignalxBTC2
Last support range: 0.830-1.528Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (NEARUSDT chart) (1M charts) The key is whether the price can be maintained by rising above 1.99. (1W chart) The key is whether it can receive support and rise in the 0.830-1.528 range. (1D chart) Since the volume profile section is formed around 1.4124, the key is whether it can rise beyond this point. If the price cannot be maintained by rising above 1.031, there is a high possibility of a new low, so caution is required. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. --------------------------------- by readCrypto8
NEARUSD ❕ correctionTD Sequential formed a reversal signal down (4H TF) Price and RSI chart formed a divergence (30m TF) I think NEAR may continue the correction if it fixes under the support.Shortby Solldy669