Hello dear friends,
*Mars Signals Team wishes you high profits*
This is a weekly timeframe analysis for NEARUSDT.1W
We are in a weekly period. As you can see, the price has reached our weekly support zone and is swinging above our first support zone.
As you can see, the previous day's candle was a bearish Marabouzo candle, which shows selling pressure. We should wait until the weekly candle closes so that we can analyze the market for the long term. But currently, if the price can stabilize above our support line as before, we are considering a climb up to the first resistance zone. But if it falls completely below our support line, we expect more losses for this coin.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
*Mars Signals Team wishes you high profits*
This is a weekly timeframe analysis for NEARUSDT.1W
We are in a weekly period. As you can see, the price has reached our weekly support zone and is swinging above our first support zone.
As you can see, the previous day's candle was a bearish Marabouzo candle, which shows selling pressure. We should wait until the weekly candle closes so that we can analyze the market for the long term. But currently, if the price can stabilize above our support line as before, we are considering a climb up to the first resistance zone. But if it falls completely below our support line, we expect more losses for this coin.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.