Breaking News

NEAR/USDT (Futures) Potential Upward Movement

NEAR/USDT (Futures) Long-Term Trend: Bullish

Key Resistance Levels: 19.9399, 20.0000, 20.5000.

Key Support Levels: 17.5155, 16.0524, 13.1343.

Daily Time Frame:

The price on the higher time frame succeeded to break the strong resistance level after a long consolidation phase. The market breakout to the upside with the help of a big bodied bullish candlestick. Then we say an inside bar which shows that the market is still controlled by buyers.

NEAR/USDT (Futures) Medium-Term Trend: Bullish

1-Hr Time Frame:

On the lower time frame, the price succeeded to break bullish flag formation to the upside after finding buyers near the highlighted zone. A series of higher highs and lows has been posting showing that we are in a new bullish trend.

Buy Market Order @ 17.9637

TP 1 @ 19.9399

TP 2 @ 20.0000

Stop Loss @ 17.1455

Trade Safely 🙂

About Joe Damien

Joe is a proven Forex analyst and manual trader with 6 years of full-time trading experience. He is a swing trader that relies on price action, market structure and Fibonacci retracement. His two most successful pairs are CHF/JPY, CAD/JPY, but his expertise allows him to profit on any asset or pair.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download My Free Robot

Get your Robot Now!






Free Robot!