NEAR Near Protocol: 1D Chart Review
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Near Protocol (NEARUSD).
The chart is self-explanatory. The price recently formed a double bottom but still in a descending triangle. If price breaks out of the triangle, there may be a chance for a upside to the resistance area noted in the chart. RSI is getting supported by a support line. If price breaks down, please keep an eye on the Ichimoku Cloud as support as well as the dash line as a support area.
Included in the chart: Trend line, Support and Resistance Lines, RSI, Descending Triangle, Bearish Divergence, Ichimoku Cloud, Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
I have a bunch of additional recent charts below on cryptocurrencies to review. Check them out!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
The chart is self-explanatory. The price recently formed a double bottom but still in a descending triangle. If price breaks out of the triangle, there may be a chance for a upside to the resistance area noted in the chart. RSI is getting supported by a support line. If price breaks down, please keep an eye on the Ichimoku Cloud as support as well as the dash line as a support area.
Included in the chart: Trend line, Support and Resistance Lines, RSI, Descending Triangle, Bearish Divergence, Ichimoku Cloud, Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
I have a bunch of additional recent charts below on cryptocurrencies to review. Check them out!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
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