NEAR is dancing to a powerful rhythm — and it’s all in the cycles 🔁
This chart uncovers a repeating top-bottom cycle that has held since early 2023, with precise peaks and valleys emerging every few months 📉📈.
After bouncing off a major bottom at ~$2, NEAR is now approaching the mid-line of the descending red channel, suggesting a potential trend reversal is underway 🔄.
Each previous “BOTTOM” aligned with strong recovery waves 🚀, while the projected “TOP” now points toward the $6–7 zone — aligning perfectly with the upper green trendline resistance 🎯.
If the pattern continues, we could be looking at another macro push before year-end 2025 📆.
📊 Will NEAR ride this wave to new local highs — or is it just another lower high in the making? Either way, the rhythm of this chart is too clean to ignore.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
This chart uncovers a repeating top-bottom cycle that has held since early 2023, with precise peaks and valleys emerging every few months 📉📈.
After bouncing off a major bottom at ~$2, NEAR is now approaching the mid-line of the descending red channel, suggesting a potential trend reversal is underway 🔄.
Each previous “BOTTOM” aligned with strong recovery waves 🚀, while the projected “TOP” now points toward the $6–7 zone — aligning perfectly with the upper green trendline resistance 🎯.
If the pattern continues, we could be looking at another macro push before year-end 2025 📆.
📊 Will NEAR ride this wave to new local highs — or is it just another lower high in the making? Either way, the rhythm of this chart is too clean to ignore.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.