We are expecting a bull market, but the market is still bear. I see that each local low and high are lower than the previous, so it's a downtrend. On the 1W timeframe chart, it seems we have a bullish figure on the last 2 candles, but the volume doesn't support bull direction. RSI touched the top zone on Aug 10 and it was the local high, but then RSI went down but...
While I need to predict the price for a month I will consider bigger timeframes like 1w. Also, the BTC is a locomotive and the trend maker on the market. BTCUSDT 1w - we can see higher lows and higher highs, and the high volume, RSI is at ~40, so it looks buyers have strength, and locally it looks bullish. So technically, BTC will break the dynamic resistance and...
There are no big changes in the market. It's weak, without volatility. Near is in range: support 2.90$-3.10$ and resistance 4.5$-4.75$ with local support/resistance level at 4$ I don't find clear trading patterns, so I think the market will the same. There was some good news from NearProtocol, but after that price usually goes down. So I think, the price will go...
There are no clear signals on the market. The market is weak. The volumes are low. So I don't expect high/middle volatility. It's flat. Price can go up and down with the same probability. Near didn't test the bottom support level at 3$ and didn't test the local resistance level at 3.90-4.00$ and a higher resistance level 4.80-5.00$ What will Near test first?...
My previous idea about a new low didn't work the last week, but the main reasons weren't changed. $Near jump up from $3 support level. but there is not enough power to grow more. Market is red. I see a 3 red candles bearish pattern, and I didn't see the buyer's interest on the volume. So probably buyes wait for better price. I think we need test $3 and even go...
It looks market is in the accumulation stage. So I don't expect high volatility/ The price tested zone below 3$, but I didn't see the big interest of buyers, the volume is not high. We have a bullish pattern (3 green candles), but it doesn't support by volumes. RSI is a little bit over 30, but I think some whales want to buy for a better price and will dump the...
The market is red. I see the buyer's interest at zone 3-3.4, the volume grows. RSI is under 30, so I expected the grow. Prediction 4.08$
The market is red. I see the buyer's interest at zone 3-3.4, the volume grows. RSI is under 30, so I expected the grow. Prediction 4.80$
The market is still weak. It's summertime. There were some FUDs that didn't allow the market to grow. The volumes are low to grow, so I think we will go down to find new buyers. RSI is over 30. Prediction 4.68$ on Sunday, June 12