Near Protocol ($NEAR): "Buy the Dip" is the best strategy here..Hi everyone!
Our view appears to have been correct (see chart below), and technically $NEAR has triggered a nice rally. If you have followed my previous analysis you know that my view is bullish and target shown previously has not yet been reached. With that in mind, my strategy is simple, add long positions on any pullback or "Buy the Dip" if corrective structure appears.
PREVIOUS ANALYSIS
(Click and Play on chart below)
...trade with care! 💖
Cheers!
N.B.: Updates will follow below
NEAR
$NEAR: ...The overall picture still remains constructiveHi everyone!
Our view appears to have been correct (see chart below), and technically $NEAR has triggered a nice rally. If you have followed my previous analysis you know that my view is bullish and the target shown previously has not yet been reached. With this in mind, looking at the intraday chart (1h) we see a potential development of ABCDE corrective structure. This structure must be flat (almost lateral) to be valid, otherwise we are talking about something else. If the Price Action stays around 2.05 and 385 area, the pattern will be confirmed..
PREVIOUS ANALYSIS
(Click on chart below)
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖
Reaction levelAs long as the support range of $ 2.32 is not broken, it is possible for the price to grow again and move toward the resistance range of $2.73 - $2.98. Otherwise, by breaking this support, further reduction and deeper correction can continue until the support range of $1.95. We expect a stronger reaction from this range. Its second support range is considered at $1.56-$1.65, where we can expect a stronger reaction from this level.
NEARUSDT IdeaNEAR Idea | NEARUSDT NEAR PROTOCOL
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
NEARBTCNEARBTC made a test breakout of the bearish channel at 0.00009660 , it now needs to confirm a candlestick above that Bearish Trend Line that is trapping it.
A token with spectacular fundamentals, it suffered a lot with the despeg and shutdown of the USN, its stablecoin, but I believe in its recovery when the markets return.
Keeping your position itself is worth the hold
🔥WHERE TO OPEN YOUR NEW NEAR LONGS? TRADING PLAN AND TARGETS🚩🔥 Hi, friends! I think that bulls have enough power to push the price higher. Just take a look on BTC weekly and monthly candles.
So I recommend you to use these pullbacks as the possibility to accumulate more crypto. But where? Here is my trading plan.
📊 MY TRADING PLAN FOR NEAR:
🔥 fill the imbalance at $2.07-2.23
🔥 volume growth
🔥 squeeze to the trendline
🔥 bullish BTC
🚩Bullish BTC is the main precondition to open a long because in this case, all the altcoins will continue to follow it to 20-21k until BTC won't stop.
✅ MY TARGETS FOR NEAR:
1. $2.73 - the mirror level
2. $3-3.12 - the closest value area
3. $3.5-3.65 - the value area
Traders, do you start to close your long trades because of this pullback or wait for the market to pump soon? It is very interesting to know your point of view.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Good Old Days or WHAT!in weekly timeframe near take sell side liquidity.
old low or $2.8 can retrace price to $1.8~$1.5 and after that price goes up to $3.4~$4.9.
if $1.8~$1.5 unable to act as support we might see equal lows or lower low for complete bearish 3 drive pattern and after that smart money seek to reach $7.3 or even $10.
Near Protocol Price analysis Short term top? $ Hour Chart IDEANear Protocol is coming to a STRONG area of Resistance and needs to break this area if it wants to continue on to the upside!
If this area of Support Holds Near Might go back and test the 2.16 -2.27 LVLS
OR Near could continue on to the upside and try the 2.8 LVLS
"NEARUSDT" SHORT OPPORTUNITYHere we can see that "NEARUSDT" in 1 hour time has a TRENDLINE SUPPORT and we are expecting the price to take rejection from that zone and we can look a GOOD SHORT OPPORTUNITY here. Also in smaller time fras we can see that the MACD indicator and the RSI indicator is forming a BEARISH DIVERGENCE.
ENJOY!!!
NEAR has maintained a strong uptrendNEAR has maintained a strong uptrend over the past week, and buying support has led to a break above the long-term descending channel ceiling and static resistance at $1.75. The next resistance in the $2.03-$2.08 range was exactly followed by a reaction on both sides and has now become a good support. But the second support is considered in the range of $1.84 to $1.89, which is a more reliable range. This strong bullish wave could form once again, and if there is a pullback and a positive reaction to the supports, we expect a rally to the $2.65-$2.96 range. There is strong potential for a price reversal in the daily time frame, and if Bitcoin holds its support, NEAR could take a mid-term bullish trend.
NEAR | Fueling up for Massive Breakout..!!
#NEAR Falling Wedge formation in Weekly timeframe..
Massive Buying Volume Coming in..
Expecting Breakout Soon..
+450-500% Profit Potential in the Midterm.. ✍️
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🔥 Why Near Protocol coin is falling? 👇Today we will talk about Near Protocol
The last 4 months have been somehow catastrophic for the NEARUSDT price. After all, during November, Near depreciated twice from $3 to $1.5, and since August 4 times from $6 to the current $1.5.
One of the reasons that encourages investors to get rid of their Near can be called that the structures of Samuel Banckman-Fried (FTX and Co) own a total of 17 million NEAR tokens. In case of bankruptcy, they are subject to liquidation. That is, they will be transferred or sold to someone. However, NEAR has insurance against the simultaneous sale of coins - most of the tokens owned by FTX will be unlocked within three years.
This reason at least somehow explains the NEAR drain in November.
But why NEAR was drained in large amounts before, we do not know. Did the "big wallets" know about the impending troubles in the crypto world much earlier?
Write what you think about it in the comments below the idea.
The other day, the price of NEARUSD easily updated the minimum from 2021, without any problems, and without the volume of the struggle between buyers and sellers.
Well, now we can only assume in what format the downward trend of the NEARUSDT price will be able to reverse.
As an option, a long formation of the "Inverted Head and Shoulders" reversal pattern is possible. Potentially, the formation fits the technical description of the pattern, as well as the volumes that decrease from the left shoulder to the Head.
Now the price of NEARUSDT is above the liquidity level of $1.25-1.50, there are chances that it may not go lower. And then the long growth of the NEAR price to the $5 area, where every trader and hodler should think about it: "Is it worth keeping this asset "?
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