Breaking the resistance trendline bullish case.
Long : 2.052
Target : 2.81
Stoploss : 1.967
- Momentum needs to be increased at the time of breakout with increase in volume.
NEAR is in a very good and initial zone to get into.
Still the BTC upper movement is totally dependent on market structure right now, rather than the char analysis.
I have shared my BTC chart analysis too, in my previous idea. But the movement depends on capturing the resistance bar.
After capturing the resistance bar if the uptrend continues, it will very good...
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Inverse Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “Neckline” is drawn by connecting the highest points of the two Peaks. Neckline resistance...
In 1 Day time frame fibonacci level of 0.236 is a support at price of 3.7$ breaking above can show targget of fibonacci 0.382 price is 4.2$. Another level to watch out for is above 5$.
If bulls regain their momentum for the month of september it will be easily above 5$.
Near could possibly be at 5.2$ at the end of 30th september
In 4 hours chart the moving averages tells complete story of $near. Near is blowind down from ma100 and ma200. Rsi is at 48 and can touch 80 in upcoming time and can tend to become a relief rally. Support level Ma 100 = 4.1usdt and resistance Ma 200 = 4.7usdt.
There can be a tricky situation from market aswell and price can be depletd. I am betting on reversal of...
TF - Daily
Indicator used Bollinger band
Near price continues to show volatility and price moves in a range then the bollinger band remains same for the time being.
lower band support shows point at 3.7$
middle band shows mid term goal at 4.2$
upper band shows resistance at 4.8$
If bulls shows interest then the upper resistance can be touched within a month. So...
Current FIB 0.38
Bearish movement I am expecting it to go to 0.23 fib first and then bounce from there and move to 0.5 fib
Low volume no chances of the high pump will be a complete range bound shit
My monthly price prediction - is 4.5 $
day frame - 1D
support 3 $ - 3.5$ range
local resistance - 4.2-4.656 $
Other resistance - 5$ and final big one 6$
Btc price of 20k$ near is still strong so a rise in BTC will push near up for sure
The Merge is another bullish thing that will try to pump the market. My thoughts are the market will approach to 23k $ again during the merge ie 17 Sep and than...
Near has been trading inside some sort of triangle in daliy tf
September has been bearish for crypto and we can expect same from near. Daily macd is bullish for near which can be relief for bulls, I am expecting some upward moment for upcoming days in that case resistance is 4.5. support of 3.8 is holding well if that broke it can test 3$ which is good buy for...
Hello! hope you all are doing fine. I have tried to do a short analysis and a small price prediction for the september month. So, history says september is a bearish month and following the history and the current fuds in the market Even i would say the same. Soo i have made to 2 scenarios one is bearish and the other is extreme bearish. Ofcourse, both of them are...
