long NEARAMEX:NEAR broke through the resistance level and the descending trendline. Bullish movement is expected to continue and reach the resistance level at $1.60.
NEAR
NEAR/USDT - NEAR Protocol: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the AMEX:NEAR / CRYPTOCAP:USDT chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 1.094 | 1.131 | 1.23, and the major support zones can be found at 0.995 | 0.933 | 0.834. Consider entering at the current price zone of 1.151 and targeting higher levels.
◰◲ General info :
▣ Name: NEAR Protocol
▣ Rank: 44
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: NEAR is a decentralized development platform that uses a Proof-of-Stake (PoS) consensus mechanism and will eventually feature a sharded architecture to scale transaction throughput. Its block generation scheme is called Doomslug and its proposed sharding design is dubbed Nightshade. These technologies will work together to scale the network and minimize congestion. NEAR has also been designed to be developer and user-friendly as it features a few key innovations to accelerate the application development and user-onboarding processes. The NEAR blockchain was created and developed by the NEAR Foundation. Its mainnet went live in April 2020, and network validators voted to unlock token transfers in October 2020. NEAR's bridge to Ethereum (called the Rainbow Bridge) launched in March 2021.
◰◲ Technical Metrics :
▣ Mrkt Price: 1.151 ₮
▣ 24HVol: 22,726,465.007 ₮
▣ 24H Chng: 9.933%
▣ 7-Days Chng: 14.38%
▣ 1-Month Chng: 5.37%
▣ 3-Months Chng: -15.50%
◲◰ Pivot Points - Levels :
◥ Resistance: 1.094 | 1.131 | 1.23
◢ Support: 0.995 | 0.933 | 0.834
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -1.76
▣ Last 90D: -2.58
▣ Last 1-Y: -0.90
▣ Last 3-Y: 0.73
◲◰ Volatility :
▣ Last 30D: 0.36
▣ Last 90D: 0.39
▣ Last 1-Y: 0.81
▣ Last 3-Y: 1.34
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.55 - Bullish
▣ Reddit sentiment score is 0.57 - Bullish
▣ In-depth NEARUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
Last support range: 0.830-1.528Hello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(NEARUSDT chart)
(1M charts)
The key is whether the price can be maintained by rising above 1.99.
(1W chart)
The key is whether it can receive support and rise in the 0.830-1.528 range.
(1D chart)
Since the volume profile section is formed around 1.4124, the key is whether it can rise beyond this point.
If the price cannot be maintained by rising above 1.031, there is a high possibility of a new low, so caution is required.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
NEAR/USDT upward momentum? 👀 🚀 NEAR Today Analysis💎 Paradisers, turn your attention to NEARUSDT as it showcases intriguing dynamics, currently positioned within a demand zone and gearing up for a potential bullish ascent.
💎 Upon closer examination, we've noticed that NEAR recently touched the descending channel's resistance, which now serves as its supportive base. Furthermore, should the price surpass the 1.101 threshold, we anticipate a bullish trajectory that could challenge higher levels.
💎 On the flip side, if the price of Nearprotocol breaches the demand zone, it's likely to gravitate towards the support level. As always, strategize your trades with caution and foresight.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights
NEAR short term tradeNEAR has been range bound last few weeks and months. 1.08 and below is my buy zone with a stop loss below 1.078 and a profit target of 1.12 and 1.16.
Next few months idea for NEAR/USDTbased upon few calculation & liq. prospective im expecting this move. #NFA
Near Long USDT 20xNear Long USDT 20x
Entry: 1.1500
Near Long USDT
Target:
1.1610
1.1726
1.1830
1.2001
1.2202
1.2401
Sl 1.08
🔥NEAR Is About to Brake a Huge Triangle❗Most of the holders of NEAR Protocol are now at painful loss. Of course, it's good for us and the whales who want to buy cheaper.
I wouldn't decline that the price will fall below the triangle for a moment, but it doesn't make any impact on a long term picture. Bull market soon!
💥remember that fear in crypto is our biggest friend
like❤️ and follow
Check the links and get a BONUS🎁 from me👇
Near on Verge Of Massive Breakout seems like near coin has already bottomed out and getting ready for massive breakout
formed descending channel in 3 days and testing trendline expecting breakout soon
incase of successful breakout expecting massive bullish wave in midterm expecting move towards 6$ in coming months
Important areas of support and resistance of the NEAR currencyThe NEAR currency is in a falling trend, and important support and resistance levels are expressed in this analysis, considering that it is near the ceiling of its downward trend, there is a possibility of a fall for this currency.
Safe entry points and average drawdown for this digital currency are specified in this chart.
Follow us on TradingView and motivate us
NEAR/USDT upward momentum? 👀🚀NEAR Today AnalysisParadisers! Gear up for an exciting opportunity with NEARUSDT. Currently, it's stationed in a demand zone and is on the verge of breaking out of a descending channel👀
💎 A few days back, we noticed that NEAR faced rejection three times at the 1.630$ level, which is a supply zone containing a bearish order block. Another key observation is the formation of a descending channel that's poised for an upward breach.
💎 At the moment, the price is consolidating within a narrow range. We're anticipating a breakout from this descending channel, which could propel NEARProtocol upwards. However, keep an eye on the invalidation zone at the 1.08$ level; a breach here could trigger a downward move
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
🔥 NEAR Big Upside Break Out Potential: Patience!NEAR has been consolidating inside this pattern for well over a year on this point. I'm anticipating big volume to appear once we will break out. Keep in mind that we will wait for the price to confirm the break out of the triangle. This signal will get invalidated once NEAR falls through the support.
Stop just below 1$, target at the August 2022 highs. This results in a trade with big upside potential and a very nice risk-reward of 15.61
SasanSeifi 💁♂️NEAR/USDT 👉3D 🔻 1570$/ 1446$In the 3-day long-term time frame, the price fell from the downward trend line. It is now trading in the price range of $1.27.
A scenario we can consider is that after a minor positive swing and a pullback. If selling is confirmed, the price is rejected from the Important resistance area of $1.30/$1.50.
In case of a positive fluctuation, to better understand the continuation of the trend, we should see how the price will react to the resistance ranges.
Otherwise, if the price stabilizes above the resistance ranges, the possibility of higher growth can be considered.
The correction targets are 0.95 /0.64. In my opinion, if confirmed, it could be an attractive range to buy.
❎ (DYOR)...⚠️⚜️
I will be glad to know your idea 🙂✌️
If you like my analysis, please Like and comment.🙏✌️
NEAR/USDT is on the Verge for a Bullish Rally | Near Analysis💎 NEARUSDT is on the cusp of breaking free from its descending channel, signaling a potential bullish ascent.
💎 Alongside this potential breakout, there's an imminent crossover with the 50 EMA. Should the price remain above this EMA, it could pave the way for a rewarding trade.
💎 NEAR is approaching a pullback zone for a retest. If this support falters, the downward trend might persist.
💎 In the ever-evolving realm of crypto, being updated and flexible is paramount. Keep a lookout for further insights and relish your trading voyage.
NEAR/USDTIn the continuation of the downward trend, we can give the possibility that we will enter a serious downward phase by correcting to the broken breakeven.
Near. Long.This is not the first asset that shows the beginning of the growth phase for the autumn-winter of this year. Everyone seems to be mistakenly comparing this bear market to the past.
NEARUSDTHello
Another broken trendline for this one.
So I think you've found where target is?
Be with me spread dollars in the air!
Be patient.
Embrace the PossibilitiesDuring the past month, NEAR has shown a range-bound trend, with its current price trading around $1.39. Notably, the roof of the main descending channel has now turned into a temporary support after being breached. Additionally, the price has encountered resistance around $1.35, preventing it from declining on two occasions. There is a possibility of a twin bottom pattern forming within this range, but confirmation would require the price to rebound above $1.40.
There is potential for a retest of the range channel's upper boundary. The currency's critical support level lies in the range of $1.23 to $1.19, and if the price returns to this range, we can anticipate a positive reaction.
The RSI level for NEAR is at 48, indicating a relatively balanced state between buyers and sellers, with the price neither strongly overbought nor oversold.
NEAR - getting ready for a strong exit from the downtrend?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
The NEAR coin, after a strong fall, was able to recover and exit the global downtrend by breaking through the global countertrend line.
At the moment, there is a slight rebound in altcoins on the market, but soon everything can also change and we will again get a rollback in the NEAR coin to the $1.4-1.35 zone
So here you need to act according to the situation, if you are going to speculate on a price increase, then I recommend waiting for a small rollback and already acting according to the situation. I take such coins in the long run with a leverage of no more than 1-2X
🔥 NEAR Huge Falling Wedge Break OutNEAR has been trading bearish since the April top 2022. This trade is based on the premise that NEAR's bear market is over and that the price will move up in the future. Keep in mind to wait for the price to break through the top resistance of the pattern and close above it to confirm the break out.
Target placed at the all-time highs, stop below the recent bear market lows. For less risky trade you could take (partial) profits around 6.00 and 8.00
Near price comes to life!) Holders have been waiting for you)NEAR price has dropped back into the $1.20-1.30 liquidity zone
At the beginning of its trading, NEARUSDT, after breaking through this liquidity zone, began a solid and solid price growth.
In 2023, the NEARUSD price is testing this level for the third time, which is probably a strong mirror zone.
The only nuance is that in six months of 2023, the price of BTC roughly doubled from $15k to $30k, while the price of Near did not.
Therefore, keeping our fingers crossed for NEAR, we can assume that if buyers manage to hold the $1.25 level, they should be able to double the NEARUSDT price to $2.75 just to catch up with the amplitude of BTC's growth.
However, if NEARUSDT drops and consolidates below $1.20, then it's nothing personal, but the next stop from the bottom is $0.90.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
NEAR SHORT SETUPHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the NEAR symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
