It seems like $NEAR is heading down to the next neutral demand zone 3.58. Bulls might step in to reclaim the 3.690+ zone before a decline takes place. ç
$NEAR This small bounce means nothing. In order for Near to turn this downwards trend to an upwards trend, it needs to break and hold above 3.863, until then, 3.2 seems just as possible as 4.3 if Near breaks below 3.6. No news is good news, however, good news has no impact over the current situation unless bulls step in, especially spot holders. #BinanceSquare
The NFP data is out and it is generally bad for the crypto market on the short term level. Liquidity sweeps are expected in both directions, so watch out for wicks hitting both sides before a trend is established.
$NEAR could fly up tonight. This girl has been bleeding for too long. if the bleeding continues, it will fall all the way down to the ground, but Near is a tough girl that will rise up from here. Once it goes up over 5$, pulling back all the way down here again won't happen unless there's a black swan.
$BTC did the beautiful V shape and reclaimed the +80k area. it has stabilized and been holding steady. This move turned the market green again after days of bleeding. What do experienced traders think about this move?
Even though $NEAR has lost bullish momentum on the 15-minute chart, this bullish momentum continues to hold on the 1h, 4h, and 1D charts. Therefore, this upward move remains intact. If BTC remains above 80k and keeps climbing higher, I expect Near to explode upwards towards the 4.350 area soon. A move is in the making, but the direction still needs confirmation.
$NEAR BTC is driving the market back up. It seems like a multi-leg rally this time. Let's see if Near can break through 4.2 and 4.250 and hold above it.
$NEAR Seems like this shit coin is about to spend another night bleeding. it lost its bullish momentum on the 15 minutes chart, and it's on its way to do same on the 1h chart if buyers don't step in and reclaim the 4.090 area.
$NEAR is turning bullish on short-term timeframes after bouncing off $4.07! Here are the main points:
Fundamentals: The tokenomics vote to reduce annual issuance (2.5% ➡️ 1.6%) closes today. Long-term bullish supply dynamics are taking over as market uncertainty clears.
Technicals: 15m MACD flipped green and EMA(7) crossed above MA(25). Price is pushing up past $4.15.
Support: $4.07 – $4.11
Resistance: $4.24 – $4.26 (MA99 zone)
If buyers clear $4.26, next targets are $4.36 and $5.00! 📈
$NEAR has been bouncing back and forth between 4.350 and 4.430 for the whole day. what signals does that give? once it goes up, it quickly gets pulled back to under 4.400 where it sleeps for 30 to 1h. It's a question for experienced traders.