NEARUSDT Potential: Predicting a 76% Rally🔅NEARUSDT recently broke above the wedge pattern, accompanied by breaching the long-term downtrend trendline. This move was followed by a significant transformation from supply to demand, evident in the market's response to these zones.
🔅The most recent pullback halted precisely at the 61.8% Fibonacci retracement level, highlighting substantial buying pressure at this critical level.
🔅The current indications heavily favor an uptrend continuation, setting the stage for an anticipated substantial 76% price increase in the coming weeks. As usual, we'll be sharing a comprehensive trade setup in our channel to capitalize on this potential opportunity.
NEAR
NEAR/USDT Analyzing Bullish Potential from Resistance ?👀🚀💎 Paradisers, let's turn our attention to #NEARUSDT as it showcases a notable trend. The asset is exhibiting signals that suggest a bullish continuation, having recently transitioned from resistance to a potential support zone.
💎 #NEARPROTOCOL recently faced rejection at the $3.826 resistance level, with market sentiment leaning towards selling. However, there's a strong likelihood of a bullish trend continuation from the support level at $2.664. If AMEX:NEAR maintains its momentum above this support, it could set its sights on the substantial resistance level at $5.278.
💎 But, as any seasoned trader knows, having a backup plan is crucial. If #NEAR fails to sustain itself above the $2.664 support, it may be time to consider Plan B. This alternative scenario might involve a bullish recovery from the lower support level at $5.278. Keep in mind, a breach below this level could indicate a shift towards a more significant downward movement. 🌴💰
NEARUSD This rally is far from over. +1300% rise on sight.Near Protocol (NEARUSD) is posting the strongest 1W candle since the previous Bull Cycle and has turned the 1W MA50 (blue trend-line) into Support. The 1W RSI is already overbought approaching the 80.00 level but there is still much room for this rally to grow long-term.
Historically, NEAR has seen two major multi-month rallies within the +1300% +1350% range. Measuring from the October Low, a new +1300% rise would push the price all the way to the top of the dominant Channel Down pattern. As a result, this is still a solid (even better confirmed) level to enter for the long-term and target 12.000.
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👇 👇 👇 👇 👇 👇
NEAR Protocol NEAR Coin Price PredictionNEAR Protocol NEAR Coin Price Prediction
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥
Potential bounce areas for Buying 2.614 and 2.182
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Share your Thoughts if you have any?
NEAR LONG IDEA (continuation of the altcoin analysis series)Near has been showing strength in the last couple of days.
Here are two scenarios I see:
Rejection of 1,555, hold above 1,177 and continuation up(200MDA + 100MDA) Do not do anything below that price
Target : 2.835 - 6
Continuation of growth to 2,344, return to the maximum to 1,613 and continuation up
Target : 6
The trend change is also shown on OBV.
In order for this to happen, you need retail that is optimistic
NEAR: DECEMBER 16, 2023Currently we are above the median line of the weekly OB, which is the dim red rectangle. The wick above the OB leads me to believe that further upthrust is on the cards. The market has been suffering from indecision for the past week, except for some assets. However, I believe we are going through a breather, which will lead to further upward pressure in the near future. This holds especially true for altcoins, such as Near, that are about to make an official exit from their accumulation range and make a move. The highs, I believe, will most probably taken out in case we flip 2.44. Any acceptance below 2.027 is a sign to get out of this trade for me. I am aiming for 3.443. Please share the idea if you find it useful.
NEAR: UP or DOWN ?
Near had a significant price correction recently and currently it is trying to establish it support level
We can expect this price uncertainty to continue for a while as shown in the above chart.
With the current bullish market sentiment we can expect NEAR price to bounce back.
Im expecting price to move up once it settles in the support zone.
We will keep you posted about our trade entries. Stay tuned
Like and share your thoughts in the comments.
Cheers!
GreenCrypto
NEAR ANALYSIS (4H)It seems that the NEAR currency is in a diametric, and now we are in the F wave of this diametric.
After completing wave F on the green box, we can move up for wave G.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
NEARing A Strong Support ✅Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BITRUE:NEARUSDT has exhibited an overall bullish trend , trading inside the rising broadening wedge in red.
At present, NEAR is undergoing a correction phase and it is currently approaching the lower bound of the wedge.
Moreover, it is retesting a strong support/structure marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline acting as a non-horizontal support.
📚 As per my trading style:
As #NEAR approaches the lower blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
The key is whether it can rise above 2.24Hello traders!
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(NEARUSDT chart)
Among the coins that are expanding the coin ecosystem, NEAR is one of the coins that has not yet risen above the MS-Signal indicator on the 1M chart.
Accordingly, the key is whether the price can be maintained above 1.99 and rise above the M-Signal indicator on the 1M chart.
(1W chart)
To do so, it is necessary to check whether the price can be maintained by rising above 2.24.
If that happens, it is expected to lead to a movement to rise above the M-Signal indicator of the 1M chart and an attempt to break through the MS-Signal indicator of the 1M chart.
(1D chart)
The key is whether the price can be maintained by receiving support around the 1.870-1.964 range and rising above 2.272.
Accordingly, it is becoming important whether the price can be supported by rising to the box range of 2.086-2.404.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** 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.
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Chart Breakout and Potential TrendsNEAR experienced notable growth following a prolonged period of downward trendline breach. Presently, it has encountered a robust weekly supply zone capable of stalling its upward momentum and potentially directing it downward. The initial support levels stand at $1.680 and $1.513, where we might observe market reactions. Looking ahead, with the weekly downtrend line broken, there's potential for an upward trajectory in the long term, indicating promising growth prospects for NEAR.
This analysis is for informational purposes only and should not be considered as financial advice.
I expect NEAR to rise to $2.12Hello everyone! I have a great idea regarding NEAR.
With the recent upward movement, NEAR has broken out of the accumulation zone, surpassing the first major resistance level, as well as the nearest strong Fibonacci level of 0.236 and the 200-day moving average (EMA 200).
Currently, the asset is within another range of resistance/support, and in a bullish market, it should easily overcome this level.
I believe that the asset is currently in a good range for buying opportunities.
On the chart, the blue horizontal lines indicate other areas of resistance/support for the price.
My final target is a growth up to the 0.618 Fibonacci level, which would bring a profit of 41%.
I also see the possibility of further upward movement towards $2.4 and $2.7.
All targets are shown on the chart.
Please note that this is not financial advice, and any actions you take are at your own risk!
NEAR/USDT Continue Upward Momentum ?? NEAR Analysis Today💎 NEAR has undoubtedly seized our attention with its remarkable rally, initiating a strong upward movement from $0.97 and effortlessly breaking through the descending channel pattern. Observing the chart, NEAR appears to be in a legitimate retesting phase, positioning it to potentially extend its upward trajectory.
💎 Currently, NEAR is approaching a critical juncture at the supply zone. Failure to penetrate this area could prompt a retracement to the demand zone for NEAR to regroup and build fresh momentum. This development could be beneficial, considering that, from a broader timeframe perspective, NEAR hasn't undergone a correction phase yet.
💎 Conversely, should NEAR manage to breach the supply zone promptly, Probability could set its sights on reaching further targets, including the next supply zone and the bearish OB.
💎 However, there's a downside scenario to consider. If NEAR retraces to the demand zone and fails to sustain its position, leading to a breakdown, it could signal a bearish turn. In this case, NEAR might set a downward course towards the next support level. This stage is critical, as NEAR would need a substantial rebound to reassert itself above the support level or risk a further descent towards the key support zone, potentially intensifying the bearish sentiment.
NEARUSDT.1DBased on the provided market data, the NEAR/USDT pair is currently in a strong uptrend, as suggested by the high Relative Strength Index (RSI) readings on both the 4-hour (85.90) and 1-day (86.66) charts. These RSI values are above the commonly used overbought threshold of 70, which often suggests that an asset may be getting overvalued and that a price correction could occur in the near future. However, it's important to note that assets can remain overbought for extended periods during strong uptrends.
The Moving Average Convergence Divergence (MACD) is positive on both 4-hour and 1-day charts, further confirming the ongoing bullish momentum. However, the MACD on the 7-day chart is negative, suggesting that the long-term trend is still bearish.
The price is currently trading close to the upper Bollinger Band (BB) on all three timeframes, which usually indicates the asset is overbought. The supports and resistances indicate potential areas where the price could bounce or face rejection.
In conclusion, the NEAR/USDT pair is showing strong bullish momentum in the short-term, but the overbought conditions and the negative MACD on the 7-day chart suggest caution. It might be wise to wait for a potential price correction or for more bullish signs on the longer-term chart before considering a long position.
Please note that this is just a technical analysis perspective based on historical price patterns and indicators. It does not take into account fundamental factors or potential upcoming news events that might impact price. Always do your own research and consider your personal risk tolerance when making trading decisions.
NEAR / NEARUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
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.
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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.
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(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.
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** 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