
@ice_wallow_crypto
YouTube
Avg. Quality
72
Success Rate
32.73
Analysis
55
Correct
18
Fail
6
Pending
31
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending

NEARUSDT
Entry
2.4740
2025-08-06
11:30 UTC
Target
35.0000
Fail
1.9000
Risk / Reward
1 : 57
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Body
The analysis focuses on NEAR/USD. It identifies a 1-2-3-4 wave setup and anticipates a fifth wave move upwards. It highlights the 0.618 Fibonacci support level around $2.37, where the price has shown some reaction. The analyst mentions potential targets: the bear market support band, currently around $2.78, and then the 200-day moving average at $2.81. Successfully breaking these levels is needed to confirm a bullish trend. The overall target for completion of the larger third wave is projected near $3.22 to $3.52. The analysis also considers a longer-term target of $35 if Bitcoin dominance breaks down. It's suggested that if the price drops below 1.9, it would invalidate the bullish scenario.