NEARUSD IdeaSupport has been found on the lower band of the ascending broadening wedge or the ascending megaphone
Price has similarly to previously climbed into the Gaussian channel during its bear period (green rectangle)
NEARUSD.P trade ideas
NEARUSD ❕ price is under liquidityThe NEAR chart is generally similar to most other coins right now, but it has fewer arguments for growth.
The asset is under liquidity.
TD Sequential has formed a reversal signal downwards (1H TF)
Price has tested 50MA as resistance (30M TF)
I expect a continuation of the correction after fixing under the support level.
$NEAR 1D july update3.13 to 4.18 range was fun
charted btc pair for bias
will watch if we hold the level and up or back down
LTFs/EMAs ww
NEARUSD ❕ local bottomVolatility has declined.
Trading volumes decrease along with price declines = no interest in further declines.
NEAR is above liquidity.
TD Sequential has formed an up reversal signal on the 4H Timeframe.
Price is out of the oversold RSI zone on the 1H Timeframe.
I expect NEAR may change trend only after fixing above resistance level.
NEARUSDT LEVELS...1Hr CANDLE (8.07.2022)NEARUSDT now reverse from double bottom, so will expect 3.5-3.8$ in short term same time keep stop loss strictly
NEARUSD ❕ zone breakoutNEAR broke through the descending channel.
The drawdown try was quickly bought out.
The price is above liquidity.
NEAR is currently trying to break up the liquidity zone.
Main MAs are showing bullish sentiment (30m TF)
50MA break up 200MA (1H TF)
I expect price to test the resistance level and if it fixes above it will continue to bounce.
near is hereNear in the short term.
Passing 3.8 would mean having broken an accumulation trend and could point to the first interesting volume area in zone 4.9.
They are not financial advice
NEARUSD ❕ back in the channelVolatility is down.
The price is above liquidity.
I expect NEAR may bounce if it fixes above the lower boundary of the descending channel.
#NEAR the spot buy opportunityI don't know how this reaction rally will unfold
BUT #NEAR becomes clearly
a good SPOT BUY opportunity for a min %200 gain
if a BULLISH reaction were to take place
between 2.45 and 1.25 level
#NEAR the endThe question is not how long will last this BEAR Cycle...
BUT where the wave C is going to end?
and also what is the potential reaction rally to it?
1st level of interest: 90% level retracement at 2.45
This is also another 30% SELLOFF that matches with the total Market Cap
Next SUPPORT area (Another 30% drawdown to come)
Wave C projection at 1.382 (another level to look at for a BUYING Opportunity)
NEARUSD ❕ -85% from ATHNEAR has broken the downward channel and is now trading in the liquidity zone.
On the 1D Timeframe, price ignored the reversal signal on TD Sequantial.
RSI is oversold on the 1D Timeframe.
I expect that the price will test the liquidity zone and if it fixes in the range, it will give a local bounce.
NEARUSD ❕ triangleNEAR has formed a descending triangle.
During the movement in the triangle, trading volumes decreased.
Volumes and volatility continue to decline.
The price is above the liquidity zone.
I expect that after the exit of the triangle the price will test the resistance level, and after fixing above it will continue to grow.
NEARUSD ❕ hold the trend lineNEAR is moving between two liquidity zones.
The price holdes the trend line.
Volumes of trading is increasing.
I expect that the price will growth after fixing above the resistance level.
NEARUSD ❕ cup with handleNEAR broke up from the downward channel.
The price is forming a pattern Cup with handle.
Correction is happening on declining volumes.
I expect that the price will growth after fixing above the indicated resistance level on the chart.
NEARUSD ❕ above the liquidity zoneNEAR is above the liquidity zone.
Price is testing the 50MA on the 30m Timeframe.
Long candlestick shadows are accompanied by an increase in trading volumes.
I expect that after fixing above the resistance level, the price will reach the POC zone.
NEAR/USDT ShortI entered into a short position on Near at 16.8USD. I'm hoping for a retracement to around 8.3 USD in the coming weeks. Although, I am bullish on the Near coin long-term.
$NEAR 1D may updatehad to clean up the chart, been trading a lot of this & $SOL
17.97 close was key as mentioned in the last post
breakdown of orange trendline played out well
LTFs/EMAs ww as at a key level rn
NEARUSD ❕ exit from downtrend channelNEAR is out of the descending channel.
Volatility has declined.
The 50MA breaks up the 100MA on the 30m Timeframe.
I expect that the price will continue to rise to the control point after it fixes above the resistance level.
NEAR IS SO BULLISH =)So, this week the price will probably keep consolidating, while the ecosystem is growing fast, receiving projects and communities from Terra.
No financial advice, stay safe.
NEARUSD ❕ ascending wedge after downtrendAfter exiting the downtrend channel, volatility slowed down.
NEAR formed an ascending wedge.
The price is at the liquidity level.
I expect that after the retest with fixing under the resistance level, the price will reach the support level.
NEARUSD Bull ExperimentNEAR is starting to look pretty strong compared to the rest of the market. There's nearby overhead resistance in the form of both horizontal historical prices and downtrending MAs. Worth throwing a few bucks in now, and saving some capital in case it shows signs of weakness later.
