NEAR
Head and Shoulders pattern on NEARUSDTBased on technical factors (Head and shoulders) there is a short position in :
📊 NEARUSDT
🔴 Short Now 15.900
🧯 Stop loss 18.000
🏹 Target 1 14.000
🏹 Target 2 12.000
🏹 Target 3 10.100
💸Capital : 1%
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ALGO: the falling wedge BREAKOUT! Short review!Algorand (ALGO) is in a big falling wedge. This pattern is more likely to break UP, so we will consider a bullish scenario.
The squeeze under the trend line will be the main trigger for opening long positions. On the lower timeframes a breakout of the local trend line is also an additional bullish signal. Consolidation before a breakdown is necessary, as a major player needs to accumulate ALGO.
Targets:
1. $1,33-1,42
2. $1,73-1,88
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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: TWO targets! Is PUMP still possible?Near Protocol(NEAR) continues to squeeze under the trend line and may soon break it! Unlike 99% of Altcoins NEAR looks strong and price just 25% from its ATH. For example, Ethereum is 60% and Ripple is 130% from their ATH.
After a small consolidation, the price is squeezing to the trend line. A local pullback is possible to the key level of $15.50. Why? A large player needs liquidity to open his trades. He knows where the traders' stop losses are, so better to open trades after the manipulations.
Targets:
1. $17.80 - large value zone and resistance
2. $20 - ATH, where most traders will close their positions
Most cryptocurrencies repeat Bitcoin's price movement. If Bitcoin starts to show signs of strength, this is an additional signal to open a long.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
NEAR/USDT ChartHi, I try to post often so if you could follow and like it would mean a lot to me.
Considering that NEAR will close below the 16$ support level (it probably will but we never know) the coin is going down to the 13.50$-14$ range. We just had a double top with a bearish divergence in the 1D chart and with the current BTC price movement an altcoin bleed is the most probable scenario. The 4H chart of the coin isn't looking that good either. Comment what you think.
I am posting more ideas this week but there is no stream friday. Sorry for the inconvenience.
NEAR / USDT If you check my previous analysis I post about NEAR when it was about 10 dollars
Now in 2H time frame this is the pattern that we are in if we can break it I showed you or targets
I do trading based on patterns and breakouts
USE STOP LOSS
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DO NOT FORGET TO USE STOP LOSS
THIS IS NOT FINANCIAL ADVICE
NEAR / BTC - Near Protocol LONGNear ProGE momentum - working, sharded Proof of Stake is already here ... plus the ENORMOUS investments being made by the cream of the VC crop into $NEAR
Put it this way:
Go LONG $NEAR Near Protocol - TA on the relative USDT & BTC charts are aligning for a massive breakout to the upside.....
Depending on Reaction to 14$ Resistance, Near has 2 Scenarios!🌳NEAR has Made a Inverse Head and Shoulder Pattern. The Price Has Broken The Neckline of this pattern So This Means The Price should Have no Difficulty In Ascending Further.But There are 2 Scenarios right now! once is that The Price would Break the Resistance Drawn on The Picture (around 14$) and would Ascend to It's Target & Resistance Which Sits around 20$. another Scenario is That The Price Would Do a Correction & Decrease to The Neckline once again & after That It would be Ready to ascend Further. We shall wait and See the Reaction From The Resistance! Note that The Price Can Increase as Much as the the Length Between The Head and the Neck line!)
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Thank you for seeing idea .
Have a nice day and Good luck
NEAR - Smooth Markdown I like this pattern, If Near moves in this pattern the trader can make a smooth profit with moving in accord with the volatile price action Near has had recently.
By no means should this chart be used as a trading signal, however it may be used as a reference
Good luck and best regards