JIexa1701

JIexa1701

The support level was broken on the Daily timeframe on August 19 breaking through $22,400, and the trend is bearish now. The market has been in the correction wave for the last several days. This correction has already formed the new support. Its borders are $20,840 – $20,769. This price zone will be the target for the bullish movement continuation after the...

JIexa1701

NEAR is in the bullish trend on the Daily timeframe. Another high of $4.70 was updated on August 5. Now the correction may start in the market. A pullback buying opportunity will appear after the correction formation on the Daily timeframe. The correction which has just started may form another resistance where the high of August 8 will become its upper...

JIexa1701

The market is in the uptrend on the Daily timeframe. Another high of $9.27 was updated on August 8. And today the correction has started. A pullback buying opportunity will appear after the correction is finished and a bullish candle is formed on the Daily timeframe. According to the price chart it may happen in a couple of days . If the upward movement...

JIexa1701

The market is in the uptrend on the Daily timeframe. Yesterday the market hit the resistance level with the borders of $322 – $325. This level was the target in the bullish trend. The market failed to break through this level yesterday and started to correct. A pullback buying opportunity will appear after the correction completion on the Daily chart. This...

JIexa1701

The market remains in the uptrend on the Daily timeframe. Another resistance with the borders of $24.38 – $25.76 was broken on August 6. Now we see the beginning of the correction wave after the bullish impulse formation, but the trend is still bullish on the Daily price chart. A pullback buying opportunity will appear after the correction completion on the...

JIexa1701

The market is in the uptrend on the Daily timeframe starting from July 19, after breaking through the upper border of the resistance level – $21,955. The price hit the resistance level yesterday and now we observe the correction in the market. The borders of this resistance are $24,810 – $23,900. This price zone will be the target for the bullish movement...

JIexa1701

As mentioned in our previous overview, there were 3 possible scenarios for market development. As we can see, 4 days later, the price is in the correction . This is scenario 2. This correction wave formed the new resistance level with the borders of $23,900 - $24,800. After the correction comes to an end, the buying opportunity will appear. It may happen...

JIexa1701

The market is in the uptrend on the Daily timeframe starting from July 19 after breaking through $21,955 - the upper border of the resistance. The correction came to an end yesterday, and the market is rising now. This correction formed another resistance with the borders of $24,280 - $23,390 This price zone is the target for the bullish movement after...