NEAR: TWO targets! Is PUMP still possible?
Near Protocol(NEAR) continues to squeeze under the trend line and may soon break it! Unlike 99% of Altcoins NEAR looks strong and price just 25% from its ATH. For example, Ethereum is 60% and Ripple is 130% from their ATH.
After a small consolidation, the price is squeezing to the trend line . A local pullback is possible to the key level of $15.50. Why? A large player needs liquidity to open his trades. He knows where the traders’ stop losses are, so better to open trades after the manipulations.
Targets:
1. $17.80 – large value zone and resistance
2. $20 – ATH, where most traders will close their positions
Most cryptocurrencies repeat Bitcoin’s price movement. If Bitcoin starts to show signs of strength, this is an additional signal to open a long.
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
