NEAR
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.
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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.