🔥 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
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.
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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
NEARUSD Still inside a Channel Down despite the rise.NEARUSD is having today the strongest 1D green candle since January 14th.
With that, it crossed over the MA50 (1d) for the first time since April 26th.
Despite the positives, it remains inside a long term Channel Down since the start of February and we should treat it as such.
Trading Plan:
1. Sell at the top of the Channel Down.
2. Buy if the price breaks over the Falling Resistance.
Targets:
1. 1.3700 (0.236 Fibonacci level).
2. 2.4000 (Resistance 1 and 0.786 Fibonacci).
Tips:
1. The RSI (1d) has already crossed over its Falling Resistance and reached he highs of April 15th. That might be an early Channel Down bullish breakout sign for the price.
Please like, follow and comment!!
NEAR Protocol forecasts bullish ride? 👀 🚀NEAR Today Analysis
💎 NearUSDT has executed a remarkable breakout from the descending channel, indicating that it's primed for a bullish surge.
💎In addition to the breakout, we're also on the brink of witnessing a crossover of the EMA 50. If the price sustains above this EMA, we're in for a profitable trade.
💎The presence of substantial volume amplifies the potential for a bullish move, and trading in a high-demand area is a factor that cannot be overlooked. All these elements collectively point towards a promising upward move.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey.
NEARUSDT.1WHello dear friends,
*Mars Signals Team wishes you high profits*
This is a weekly timeframe analysis for NEARUSDT.1W
We are in a weekly period. As you can see, the price has reached our weekly support zone and is swinging above our first support zone.
As you can see, the previous day's candle was a bearish Marabouzo candle, which shows selling pressure. We should wait until the weekly candle closes so that we can analyze the market for the long term. But currently, if the price can stabilize above our support line as before, we are considering a climb up to the first resistance zone. But if it falls completely below our support line, we expect more losses for this coin.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
NEAR testing ALPHA indicatorHi friends, I'm testing a slightly modified script on my indicator, we'll see what it brings or if it will require more data to trade, I'll leave SL to you or the pyramid, it's definitely got somewhere to go, it's about how the market will be. So far everything looks according to my summer scenario. However, I enjoy trying Long positions in this difficult period.
NEAR is still fallingHi, 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
NEAR is retesting support, forming IHSNEAR is back at Entry levels.
After loading up 1.7$ 1.5$ and my biggest bag at 1.25$ levels took some profits on the last pump to 2.7$. Sold a little early tbh due to the Bearmarket Blues still influencing my emotions.
Now reloading my bags for the longterm at these levels again.
As i said in the previous post i like the fundamentals on NEAR. You can check the link post to read on the reasons for that.
It is true, it took a beating but that is mainly due to Alameda being one of their biggest backers in the last bull, and we all know how that went.
As for entry, a nice Inverted H&S is forming and i aimed to buy the Right shoulder to maximize my entry. IHS is on the 4H timeframe so not a very strong indication as of now eventhough i really like the 4H TF.
The same pattern is visible on the daily but its not as obvious.
Regardless of the IHS this area is where NEAR landed first after the initial Bearmarket crash, so it is a strong demand level and it looks like it is retesting it now.
Load em up, the Bull is NEAR!!!
NEARUSDTIn the chart, you can see that we have seen a downward movement that has created a downward trend line.
The price was previously rejected by the 0.618 Fibonacci line and was rejected again by the 0.5 Fibonacci line and went down.
I expect the price to rise to $2.075 and go back down, and of course we have good support at $1.75.
5 Altcoins Analysis in 1 Video 📹 OKXIDEASDear TradingView community and fellow traders,
I am Richard, also known as theSignalyst and here is my fourth OKX contest submission => OKXIDEAS
Today I will be going over 5 Altcoins Analysis => OKB, ARB, OP, APT, and NEAR.
Let me know which altcoins would you like me to cover next.
Hope you find this video useful. It's important to always adhere to your trading plan, including entry points, risk management strategies, and trade management techniques.
All Strategies Are Good; If Managed Properly!
~Richard
Disclaimer: The information provided is for educational and informational purposes only and should not be considered as financial advice. It is important to do your own research and make informed decisions before entering any trades. Past performance is not indicative of future results. Always be aware of the potential for losses, and never risk more than you can afford to lose.
NEARing a breakoutLooking at NEAR/USDT 4H chart going back to late Feb 2023.
We see six(!) firm rejections at recapturing the 200MA highlighted in the circles. I would generally consider this bearish as the token doesn't have enough buyer support to flip the MA from resistance to support. But what I've noticed in years of crypto charts is those six rejections will dramatically help cement the 200MA as support when it finally does flip it.
Bollinger Bands are the black lines, and we see the upper band trending above the 200MA. While the retracement from the recent rejection happens, its continues to consolidate between the .5FIB & .236FIB. This is akin to coiling and building up strength for the push back up.
$1.85 has historical value for the coin and is also reflected as the .236FIB in this chart. I'm expecting a quick trend down towards there, then we'll get our seventh attempt at cracking the 200MA thereafter. I believe that NEAR will recapture the 200, whether its the seventh or eleventh attempt I can't say. But I know that when it does finally flip the 200, we'll be moving back up towards $2.70 quite quickly.
Short term play would be to enter at bounce near $1.85, then exit around $2.70 (strongest resistance after flipping 200). Long term play would be to DCA now then use NEAR within their DeFi ecosystem during the bull market. ATH is $20 and that was during its first market cycle. Most major cryptos print higher than their previous ATH in subsequent runs, unless the coin is plagued by inflation.
Either way I'm confident it's just a matter of time before NEAR breaks out from under 200MA and moves up. NFA
NEAR - I will invest at $0.5Hello, guys!
It's time to consider the altcoins which I plan to invest in. The first one is NEAR. I know it's fundamentally strong crypto asset which will show the huge growth in the next bull cycle with the high probability.
I marked the large bear market waves 3 and 4 and potential wave 5 to make it clear which market straucture I am going to trade. I consider now NEAR is printing last wave 5 which shoul contain with 5 waves also. It looks like nowa asset is in the wave 3 - the most impulsive one. Thus, in my opinion any purchases now are too dangerous. The target area where I expect the bottom is 1.61 Fibonacci extension. This is approximately $0.5 per coin.
Best regards, Ivan
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NEAR | Just broke 200MA after one year!#NEAR/USDT
- NEAR broke 200MA after for the first time since May 2022 and that is a very positive signal.
- Also we have a higher low and a higher high for the first time since some weeks.
- we are forming Wave C of ABC Elliot correction wave.
- Wave C is typically at least as large as wave A and often extends to 1.618 times wave A or beyond.
🟢Entry price: from now at 2.313 to 2.116
🎯Targets:
|> 2.66
|> 3.224
|> 3.75
🔴Stop-loss: Daily candle closes under 1.95
➡️Recommended risk: 0.25%
➡️Recommended total Positions Size: 3.1%