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NEARUSDT

Near/USDT analysisThe pair Near/USDT is forming a falling wedge on the 4H time frame (Green lines), the pair also testing an important fib area between 0.5 and 0.618 on the daily time frame, which coincide with the bullish trend line on the daily (the yellow line) , if the pair could retest all the supports (Horizontal green line) and go up from there, that may lead to push the price of near to a higher level. On the 1H time frame Near/USDT also showing some strength by forming an inverse head and shoulders pattern exactly inside 0.5 fib level. Considering all the data above Near could breakout the falling wedge during the next couple days and hit the target 6.1usdt.
Long
by Crypto-nao
NEARing the bottomRecently, I made an analysis on NEAR where it was trading within an ascending channel. It traded inside it for a short amount of time but eventually broke out of that channel and has been trading within the descending channel shown above. I expect that NEAR will continue to trade inside this channel for the short-term but is approaching a short-term support zone at ~5.17. If it holds, NEAR can push toward the upper bound of the descending channel. If the support does not hold, NEAR can continue trading downward in the channel until its next major support zone at ~4.57. As always, this is not financial advice and all information is for educational purposes only. Please feel free to leave any thoughts and comments below.
by kush23456
We're NEAR the edgeNEAR has been trading in this ascending channel since the beginning of August, pretty much like every other altcoin. However, NEAR sometimes detaches from BTC's usual movements so it is one that can make us profit and hold its support when others don't. From a TA perspective this ascending channel has held many times before and held once more today. As long as BTC keeps some stability and continues to stay within its short-term ascending channel without large moves downwards, NEAR can move toward the top of this channel for a ~15-17% profit. Of course, it is very important to remember in every altcoin analysis, that BTC is still in an overall downward channel on the weekly timeframe. A move downward can cause major volatility in the alts. As usual, this is not financial advice and all ideas are for education purposes only. Always happy to hear more and learn about different perspectives so please feel free to leave any comments and thoughts below!
Long
by kush23456
NEARUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for NEARUSDT Here we have R2 as a resistance area. R1 used to be a support area and S1 used to be a resistance area and S2 is our support line which expresses the support of the price at different points. At the moment, we have the fluctuation of price below R1 and you see that the price is fluctuating over S1 and we predict a little rise for it to R1. At this point, we will consider our short position and we expect a decline for the price toward S1 or more. It is not so probable at the present for the price to rise over R1. Remember to make sure by receiving confirmation candles and then set your positions and act. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Short
by MarsSignals
2