Bullish Return of Near Protocol
Hello Merchants!!!
Let’s look at the NEARUSDT 4H chart to spot regions tradable for profitability.
The chart structure above shows a persistent upward trend with some bearish corrections.
In the past months we haven’t had the price of NEAR at values as low as $6 until the last dump that occurred on the 4th of December.
Actually, the sell off was huge and completed the Elliot wave correction which led to a new ATH.
Price is currently consolidating around $8 where we will be having a new low and price has been there for the start of this week.
$9.8 looks to be a high price for this week. Price will hit lows at $8 again before reaching for greater heights as indicated by the price path in the chart above.
Moreover, price consolidation stays around the $8 to $9.8
We may not have price reaching values above $10.2 due to the strong rebound after testing the new ATH which price reached last week.
Goodluck Trading!
Let’s look at the NEARUSDT 4H chart to spot regions tradable for profitability.
The chart structure above shows a persistent upward trend with some bearish corrections.
In the past months we haven’t had the price of NEAR at values as low as $6 until the last dump that occurred on the 4th of December.
Actually, the sell off was huge and completed the Elliot wave correction which led to a new ATH.
Price is currently consolidating around $8 where we will be having a new low and price has been there for the start of this week.
$9.8 looks to be a high price for this week. Price will hit lows at $8 again before reaching for greater heights as indicated by the price path in the chart above.
Moreover, price consolidation stays around the $8 to $9.8
We may not have price reaching values above $10.2 due to the strong rebound after testing the new ATH which price reached last week.
Goodluck Trading!
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.