NEAR strong supportNear protocol is oversold at a strong support level.
I expect a reversal to $4.80 before heading lower this year.
Looking forward to read your opinion about it.
NEAR
$NEAR ANLAYSISIt looks like $NEAR is again going to test it support at $3.04 level. Volume is looking weak. This short term bounce was inevitable due to being oversold on many areas.
With Fibonacci levels also i am expecting to be at $3 level for this week.
Lets see how markets globally as well as on crypto behave.
Bottom looks near but we can only dca based on strong support levels.
NEAR: +40% tradeNEAR has built nice support on the 4h chart, I expect a substantial upside in the near term.
target: 4.8 $
stop: close below $ 3
Near AnalysisNear Analysis
This is my idea. I have tried my best to bring the best possible outcome to this chart, Do not consider it FINANCIAL ADVICE.
This chart is likely to help you in making better trade decisions.
I am not a market maker I could be wrong.
Everything is on the chart.
Thank you
#NEAR the spot buy opportunityI don't know how this reaction rally will unfold
BUT #NEAR becomes clearly
a good SPOT BUY opportunity for a min %200 gain
if a BULLISH reaction were to take place
between 2.45 and 1.25 level
#NEAR the endThe question is not how long will last this BEAR Cycle...
BUT where the wave C is going to end?
and also what is the potential reaction rally to it?
1st level of interest: 90% level retracement at 2.45
This is also another 30% SELLOFF that matches with the total Market Cap
Next SUPPORT area (Another 30% drawdown to come)
Wave C projection at 1.382 (another level to look at for a BUYING Opportunity)
#NEAR's sad scenario, I don't want#NEAR's sad scenario, I don't want
I'm afraid, NEAR will come to $2.5, an unexpected sad scenario
NEAR (Analysis)Hello to all members of TradingView and my followers.
NEAR intensified its downward trend over the past week, and with the increase in sales pressure throughout the market, its price has moved to the forecast level of $ 3. The support for this currency ranges between $ 2.80 to $ 3.20, and given that this area is an important level of supply and demand, the main return support levels are at the prices of $ 2.51 and $ 2.22.
We can expect a good return from these areas in the coming days. In the short term, a bearish trend line and a static resistance in the range of $ 4.68 to $ 5 can prevent the price trend from rising. At lower time frames, if the situation stabilizes, there is an expectation of a range trend on the current support level.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
NEARUSDTIt can have a very, very attractive short-term uptrend !!!
We do not have the mindset to see higher prices until the orders in the price range of $ 6.31 - $ 6.51 are fully consumed.
But it seems that the price can be directed from the specified FTB range or MPL range ($ 5.34 -5.40) to higher prices.
Maintaining the $ 5.34 price range is very, very important to me.
Short NEAR (update)I would like update the prediction done for NEAR on 11th May.
NEAR lost its wickless weekly trendline on that day (see the below snapshot). It is one of the last L1 coins that could not hold this strong support.
Retest of trendline seems to be rejected. I think the it will go down to see the next wickless weekly trendline in one or two weeks.
Will NEAR go to $4?Looking at the price chart, it is very likely that #NEAR will reach $4. Maybe it's time to buy
NEARVery simple - very clear
With the break of this support range, the next downtrend will probably start
This is my personal opinion. Please do not trade based on my analysis and data.
NEARVery simple ... Very clear
The next step in the downtrend has begun
This is my personal opinion. Please do not trade based on my analysis and data.
NEAR Prediction for Weekend is 5$NEAR is right now sitting on a heavy support or we can say previous 2021 ATH and is now showing an inverse head and shoulders pattern on the daily timeframe and is inside a falling wedge as well,
I'm assuming NEAR to trade inside the wedge this whole week and will reach 5$ by the end of the week making the double bottom structure before going in any direction, so my prediction for the weekend would be 5$
NEAR - close to a breakoutAs far as I'm concerned NEAR's correction is done. A typical zigzag 5-3-5, last C wave is drawn. Will be loading up once we break through the diagonal resistance
NEAR will pull out a 2021 SOLWe saw Solana made a good run in 2021, cheap tsx, NFT and defi ecosystem "ETH killer" etc. but turned to to be shitcoin later. okay no problem. NEAR infrastructure is what ETH 2.0 trying to be, I don't know when eth 2.0 will be released but NEAR is here, currently 4B$ market cap, imagine reaching to SOLs ATH marketcap (78B$) which makes 1 NEAR = 100$~
buy 2.00-5.00$
tp 1) 15$
tp 2) 19$
tp 3) 19 < x < 100
$NEAR and Historic FibsAs with many Alts currently, NEAR is reaching lows that do not tend to last long. Below the 0.786 retracement in previous bear markets (or near their end) has lasted roughly 27 days, who knows exactly how long it will dip below this area for this time BUT I am leaning on it being brief and unsuspecting.
Below this area has proven, time and time again, to be generation bottoms. Is it worth the risk in your opinion?
Please like and share your thoughts!
V
REF 20X ideabuy around 0.1-0.25$
TP 2.6$
waiting for another bull market, this coin can go much higher after breakout the triangle, for this scenario we need a strong bull market first.
Up to 60% long on NEARConsidering the payoff from $5, I have so far returned to the scenario with the completeness of the wave flat, but this scenario does not fit with #bitcoin and the entire market, so it will most likely have to be changed later.
In the meantime, an impulse has gone up locally, so from the correction, you can try to enter with a stop behind the low and then see what the movement will grow into. Even if the growth is within the ABC, then R:R will be more than 1:3
NEAR/USDT BUYING SETUP (SWING)Buying #NEAR/USDT (SWING)
$NEAR Breakout descending channel and rejection after hit strong resistance and potential down retest first before try to back breakout resistance . close if can't breakout supply zone
Buy zone : 5.4 - 5.1
Target : 6.126 - 6.481 - 6.931 - 7.574 - 8.731 - 9.957
Stop : 4.9
NEAR Prediction for Weekend is 6.4$Near Just Broke out of the falling wedge that we've made in last week,
This week I'm predicting it should come down to reset the lower level and make a double bottom in daily before going up.
4.7 area would be my potential buy zone with sl ofcourse and will hold near for the target of 12$ area.
This Sunday my prediction for NEAR is 6.4$
Thoughts on $NEAR Exactly as told in last analysis about the Major supports of August and September 2021 were tested by the market.
And $NEAR broke $5.437 level and tested the lower support at $4.664. And then took a bounce back to upper support and had recently and has recently tested the resistance at $6.565 level and heading back to test its support.
Lets see how it can behave in this week...
So lets see BTC, after 9 weeks of red candles it has finally shown the demand with international market also looking positive. This is a big relief for alts.
Now coming to $NEAR, we all know how $NEAR behaves in a sideways and positive market. It goes bonkers.
According to me nothing is much clear as of now, but i am expecting $NEAR to hold its support at $5.437 and test the resistance at $6.565 and might break it and then consolidate here for sometime.
If we see Volume in the chart, we can see its coming to $NEAR.
Advice: Use a STOPLOSS based on your risk reward ratio.
lomg NEAR$NEAR is bouncing off Fibonacci 0.618 retracement level. Bullish trend is likely to continue and reach 6.54$
