Evening Traders,
Today’s analysis – NEARUSDT – trading in its respective apex where a breakout will be imminent,
Points to consider,
- Price Action Apex
- Dynamic Support
- Local S/R Resistance
- Declining Volume
- 200 MA Support
NEARUSDT’s immediate price action is trading at a pivotal point, claiming Local S/R as support is bullish.
The Dynamic Support is projecting a lower high projection; price action respecting this will maintain bullish market structure.
The current volume is declining, an influx is highly probable when testing key trade locations such as the 200 Dynamic Moving Average.
Overall, in my opinion, NEARUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember,
“You create your own game in your mind based on your beliefs, intents, perception and rules.”
― Mark Douglas
Today’s analysis – NEARUSDT – trading in its respective apex where a breakout will be imminent,
Points to consider,
- Price Action Apex
- Dynamic Support
- Local S/R Resistance
- Declining Volume
- 200 MA Support
NEARUSDT’s immediate price action is trading at a pivotal point, claiming Local S/R as support is bullish.
The Dynamic Support is projecting a lower high projection; price action respecting this will maintain bullish market structure.
The current volume is declining, an influx is highly probable when testing key trade locations such as the 200 Dynamic Moving Average.
Overall, in my opinion, NEARUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember,
“You create your own game in your mind based on your beliefs, intents, perception and rules.”
― Mark Douglas
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Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
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— Team The Alchemist ⚔️
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
