BitcoinForex (SPOT)

Near Protocol ($NEAR): Short e Long Term Analysis

We continue to track Near Protocol ($NEAR) today as our near-mid and long-term analysis appears to be correct. With that said, we will begin our update on the Daily Chart.

Well, on the daily chart our view hasn’t changed, so we remain bullish even with a new low, having said that, we have seen an interesting rally in the last few sessions, but above all our focus on the first support area around 1.6680 has been corrected, so if you have taken a long position here, as previously mentioned, you need to move stop loss to breakeven as we cannot rule out another bearish leg, before a new bullish impulse structure. On Daily Chart I also wanted to share my TARGET 3, very ambitious but possible, around 7.70.

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