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%
NEAR looks bullish (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ICP symbol.
For risk management, please don't forget stop loss and capital management
It is one of the symbols with great potential that can make good climbs
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 top top 🌳🌪️The technical analysis currently reveals a promising bullish trend in the NEAR market. The price is approaching a long-term simple moving average (SMA) and demonstrates a strong bounce. This positive momentum could lead to the appearance of "golden crosses", where a short-term SMA crosses above a longer-term SMA (another strong line). These technical signals bolster optimism for the continuation of the ongoing upward trend in NEAR.
On some day, it will jump
Significance of the 2.240-2.328 intervalHello?
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** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
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(NEARBTC 1W Chart)
The key is whether it can rise above 0.0000 9561 to 0.0001 0554.
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(NEARUSDT chart)
You can see that a volume profile section is formed around 2.240-2.328.
So, the question is whether it can sustain the price by moving above 2.328.
The area around 3.198 is an area where you can buy in long-term terms.
So, a rise to 3.198 is the target for now.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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Nearusdt Breakout Soon Nearusdt
NEAR/USDT is currently forming a symmetrical triangle pattern, which suggests that the price is consolidating and preparing for a potential breakout. If the breakout is successful, we can expect to see a bullish move in the coming days or weeks. However, as with any market, there is always a risk involved, and proper risk management should be used when trading.
It's important to wait for confirmation before entering any position. A confirmation in this case would be a strong bullish candlestick closing above the upper trendline of the symmetrical triangle pattern. On the other hand, a failed breakout could lead to a downside move, and traders should be prepared for both scenarios.
Overall, the symmetrical triangle pattern in NEAR/USDT suggests that a breakout is imminent, and traders should keep a close eye on this market for potential trading opportunities. As always, it's recommended to conduct your own research and use proper risk management techniques before making any trades.
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NEAR BUY STUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG 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