NEAR/USDT - Potential Short ScenarioHello Traders!
NEAR price began its development in the downward direction.
Technical confirmations for the continuation of the movement are the exit of the price under the MA100 on the two-day timeframe, as well as the exit of the indicator in the bearish zone.
The return of the Bitcoin price to $30,000 was a rally for the market. Consequently, after the exit of the asset price in the zone of $6.38 - $7.38, we can expect a continuation of the movement in a downtrend.
For a set of medium-term purchases, it is optimal to wait for the exit of the price in the area of $1.60 - $2.08.
It is better to buy in parts, beginning from the support level of $2.08 and ending at the price level of $1.60.
The targets for such purchases will be the price levels of $3.62 and $4.75
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
NEAR
NEAR IDEAPreviously we have done and dusted with 100% accuracy and exited the market at the very right time.
I am just trying to save the people from making the mistakes, that we did in 2018. You still don’t know what cheap altcoin is.
None of my tweets will be a financial advice
I will not DM you for premium join or money
Best of luck
NEAR - Updating historical lowsReasons to take short
⭐️ BTC is bearish
⭐️ Trend bearish
⭐️ Level is 14d old
⭐️ Level is visible on multiple timeframes
⭐️ Instrument doesn't show any power
⭐️ 3rd touch
⭐️ Under VWAP
We need more accumulation near the level before considering short. Instrument has to consolidate
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Near the PAMPU WE ARE :) #LONGNear, after the 100mn in funding received. Near pumped and dumped due to macro instability. All in all near is set to have a balistic 2022-2023. My target for end 2023 on near is 60$+. This has all to rocket up. A buy at any level between 6.50 and bottom.
However, I also expect it to range between range numero 1 and 2. :)
Hold on we are nearly there :)
ONE to support them all!!
Out of extreme confidence that the worse has passed over the last 8 weeks (This long of a period is making me feel like Tom Hanks on Cast Away). I think both NEAR and ONE have a trully bullish 2022 ahead of themselves. The possibility to buy these tokens this cheap is nothing short of criminal. Both count with VC's that despite Macro rout are funding the projects at 100mn+$
Very good R/R at these levels and my speculative self is not expecting it to even linger around the Wiggle Wiggle range.
#Long #Bullish #GREATIMESAHEAD
$NEAR wave count since february bottomNear is approaching it's ath after an impressive rally. I will close long and look to open short when we reach above $20.
Honestly have to be careful (no/low lev) because the trend is strong and near is pumped easily. Very low liquidity coin with aggressive bull moves.
Touching the ath will certainly cause a selloff and complete the fifth wave up.
Short targets are $13.5 and $12.5. These are significant support levels which will likely reverse the trend.
Goodluck.