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NEAR Protocol (NEAR) - May 23 hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- ( NEARUST 1W chart) Support: 5.379-6.613 Below 5.379, there is a possibility of entering the mid- to long-term investment area. (1D chart) The 5.379-6.613 zone is a support zone , so it is important to find support in this zone and to be able to move higher than 6.613. Therefore, you should check how it is supported in 6.613. There is a possibility that a whip saw may occur in the 7.293-8.036 section, so careful trading is required. In the short-term and medium-term perspective, it should rise to the 7.293-8.036 section to turn into an uptrend. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------

🔥 NEAR On Perfect Reversal Point: Bull Or Bear? A while ago I made an analysis on NEAR and the bullish channel pattern it was trading in. Back then, I expected more bearish price action towards the channel's support area . As of a few days, we're trading right on top of said support area . In a more bullish market, I'd wager that we'd likely see a bullish reversal from this point onward. However, I think that in the end NEAR will fall through the support anyhow. Bearish long-term target at $3,5. Most likely scenario for now is that NEAR will see some ( bullish ) consolidation for the coming days. It's not going to see a new ATH soon, but $8 should be possible. Be careful since it will likely be a dead cat bounce.

NEARUSD ❕ exit from downtrend channel NEAR 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 Logarithmic chart. Tested the bottom line of the channel. I am waiting for a rebound to the middle line of the downward local channel. Swing trade I think Near should be updated within a ATH of few years Best regards EXCAVO

NEARUSDT is creating a pennant The price is creating a pennant between daily and weekly support after a big bearish impulse. the price is testing a key level on the 6.5$ How to approach? We could see a new false breakout from the pennant . The price could grab new liquidity and retest the 5.5$ and create a double bottom . According to Plancton's strategy, we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐

NEARUSD ❕ ascending wedge after downtrend After 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 .

NEARUSDT needs the liquidity from the Demand Zone The price is going to retest the demand zone between 2.5 and 5$ here the first bullish impulse started. On the weekly timeframe , the price had a double top on 20$ and the market melted until the demand zone . On the 4h timeframe the price is going to create a descending channel above the demand zone . How to approach it? IF the price is going to get new liquidity from the demand zone , According to Plancton's strategy, we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐

TS ❕ NEARUSD: market is falling The entire crypto market is falling and with it NEAR. So far, there is no reversal and the overall trend is downward, so you should look for opportunities for short positions. I expect a fall. SELL scenario: short to 4. ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.

$NEARUSDT Short opportunity - Target one $5.7 $NEAR $BTC $NEARUSDT Short opportunity - Target one $5.7 $NEAR $BTC setting up nicely to dump very hard

NEARUSD ❕ continued decline Coming out of the range, NEAR continued to move in a downward channel . Volumes continue to increase as it falls. I expect that after correction to the resistance level NEAR will continue to decline.