✅ NEAR fall to the biggest support! Long then?Hi friends! The whales make a trap pushing a Near price higher. After this bought they Near 10% lower. The volume bars confirm it for us. Nice profit.
What is the highest possible scenario now? Near fall to the biggest $0.41-0.45 value area and the bottom border of the channel. So what does it mean? Double support for the price.
But we can expect the same manipulation at the bottom of the channel by the whales. They must want to collect liquidity below the lower border. So it will be our chance to open the trade with the whales.
📊 Preconditions to open the long:
🔥 liquidity collection (trap) at the bottom of the channel
🔥 volume growth. Pay your attention to the volume indicator which confirms you the pressence of buyer. Almost 7-8 times they accumulate NEAR at the bottom. Hope it will happen this time
🔥 DOM and Footprint shows us the real whales orders to BUY during the manipulations
🔥 bullish BTC of course
🚩 DOM and Footprint are the tools that i use for scalping. They help me to identify the best places to buy and sell crypto with the whales. Everyone can use because it`s avaliable for free.
📊 The targets: ,
1. $5 - the key level and huge resistance
2. $6.1 - the key level and local high
💻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.
NEAR
NEAR/USDT UPDATE In 4 Hour 😊👍Hello 🌟🚀
NEAR cryptocurrency was able to react to its $5.2 target. ✔
If it stabilizes above the range of $5.2 (Order block), it has the ability to realize the levels of $5.5, $5.8 and the resistance area of $6.
Otherwise, with the loss of the daily support area of $4.6, the price is expected to react to the level of $4 and the support area of $3.7.
ArzToday Team 🌈
NEAR inverted head and shoulders#NEAR/USDT
$NEAR shaped an inverted head and shoulders pattern.
🐮 if price hold the previous low at $4.088, the right shoulder is completed and price can head up to break out the neck line and rise as high as head.
🐻🐮 I think price can have another leg down to make the low of right shoulder around $3.9 which is around parallel trend line of neckline, then increase to complete the H&S pattern.
BNB SHORT ?Binance Coin is still getting stronger. The coin's price rose to a high of $335 during the previous week as it continued to move in the overbought market, completing the week there. The $350 next resistance line has not been tested this week, leaving it for the next months.
The RSI moved above level 70 for the entire week, indicating a clearly overbought market side. This is another sign that this coin will soon reverse course. Moving average of 50 days began to converge more strongly toward MA200, but there is still some space between the two lines, indicating that it will be some time before the golden cross is attained.
Given that the currency is moving in an overbought zone, technical indications suggest that a short-term reversal in the price of BNB is imminent. In this regard, BNB may test the support line at $300 in the next days by moving toward it. Based on past data, the $330 level is merely a temporary stop for BNB; therefore, the $350 resistance line may be its next objective in the near future.
📚Learn More💰Earn More - Inverse Head and Shoulders in NEARUSD📚 LEARN MORE
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Inverse Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “Neckline” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly horizontal.
This illustrates that the downward trend is coming to an end.
When a Head and Shoulders formation is seen in a downtrend, it signifies a major reversal.
The pattern is confirmed once the price breaches the neckline resistance.
In this example, we can easily see the head and shoulders pattern.
How to Trade the Head and Shoulders Pattern:
ENTRY :
we put an entry order above the neckline.
TARGET :
We can also calculate a target by measuring the lowest point of the head to the neckline.
This distance is approximately how far the price will move after it breaks the neckline.
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NEARUSDT 12h Strong rebound and good prospects for NEAR priceAfter the market crash on 09/06/22, when BTCUSDT price updated the local low, many altcoins partially repeated this maneuver, but without updating the lows.
But already today we see that the NEARUSDT price not only did not renew the lows of the previous months, but also showed one of the best rebounds upwards.
Well, with such strength and enthusiasm of NEAR buyers, we can expect a continuation of good growth in the area of $5.60
Local correction to $4.15 before the continuation of growth will also be within adequate limits without breaking the structure of the future growth pattern.
Globally, the reversal and change of the trend is a long process, not everyone has the patience to sit out in the crypt. As a result, units will be rewarded for patience, and the rest will be catching up in the course of growth, pumping the market with fresh money.
_______________________________
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We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
NEAR: market analysis fir NEAR starts forming a converging formation on the Daily timeframe. The upper border of this price range is the resistance level formed on August 30 – September 2. The borders of this resistance are $4.57 – $4.37. The nearest support was formed on September 2 – 5. Its borders are $4.07 – $4.17.
This price range is likely to be broken through soon. The price is in the resistance zone now.
After the bullish candle on the Daily timeframe is closed above the resistance level the market will reverse and the uptrend will start. The first target in this case is the resistance level formed on August 10 – 14 with the borders of $5.95 – $6.20 .
When breaking through the support, the trend will continue and we should look for selling opportunities. In this case the target will be around the support level with the borders of $3.70 – $3.76.
NEAR Bullish Sign!!!The candle sticks have broken the downtrend line that has been formed earlier, and it might be even a fake breakout to the upside and might continue in downtrend. To Trade a profitable Long Position trade is to wait till the price breaks the Strong Resistance Level and enter for a Long Position .
You can Follow my Trading Setup : ) (DYOR)
⚠️NOT A FINANCIAL ADVICE!!
NEAR Quick Long PlayOn the 4HR NEAR is been going sideways and could have a quick pop.
Stock RSI at bottom and should be turning around.
TP 4.40
SL 4.08
Always DO YOUR OWN Research.
I took this trade on a small 4X leverage over on the MEXC exchange.
For more IDEAS be sure to follow me here on TradingView
Carlos
Near a pump. We are. Opinion:
In terms of TA, the NEAR neckline is standing at 6$. Which provides us with a good TP target. The current support has been thoroughly tested through the Macro shakedowns crypto has suffered over the past weeks.
The Messari mainet convention and the NEAR con in Portugal, point at possible upgrades that could drive price action up. Targeting buys at late 2$-mid-3$ with TP at 6$ seems rational.
Each level L1-L3 (S1-S3) and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's and L's these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
The Content in this TradingView Idea is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained within this idea constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
All Content on this idea post is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the idea/post constitutes professional and/or financial advice, nor does any information on the idea/post constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the idea/post before making any decisions based on such information.
NEAR Protocol (NEAR) - September 2Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(NEARUSDT 1W Chart)
The key is to keep the price above 3.802 and break out of the downtrend line.
(1D chart)
The price must remain above the HA-Low indicator to transition to an uptrend.
So, you need to make sure you keep the price above 4.063.
- The Stoch RSI indicator is entering the overbought zone.
So, when the Stoch RSI moves out of the overbought zone, you need to see if the price holds at or above the 3.802-4.063 range.
- In order to continue the uptrend, the price must be maintained above the HA-High indicator.
Therefore, it should find support near 4.184 and move above 5.543 or shake up and down to cause the HA-High to decline.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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NEAR/USDT ChartHi, I try to post often so if you could follow and like it would mean a lot to me
I did this prediction a while ago on my stream and we just reached the target. After a consistent run, it is time so short NEAR. My main target is 4.06$ and after that we can see a bounce or just go down to 3.70$. Comment what you think.
I did a BTC idea today, so check that out. Late night stream today at 00.30 UK time/BST. I will be answering your questions and talk about the market. If you want me to do an analysis about a coin that you hold come to the stream. I hope I see you there.
Near bearish sentiment September has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
NEAR is a cypto with a negative overall sentiment recently.
I have the following price targets:
NEAR/USDT short
Entry Range: $4.00 - 4.35
Price Target 1: $3.65
Price Target 2: $3.20
Price Target 3: $2.95
Stop Loss: $4.85
NEAR/BTC 4HNEAR/BTC 4H = It's in brutal buying pressure now that it has broken through the cloud from the bottom up. It should only now stop at that gravitational center of the greenish nebulosity, and eventually crashing into our target of 23803
NEAR is a smart contract capable blockchain that launched its mainnet in 2020. It features a unique scaling solution known as Nightshade and a powerful consensus engine called Doomslug.