NEAR
NEAR/USDTIf we can break our resistance at 14 we can move higher
if not I draw you guys what scenario we might face
So keep your eyes on the chart and use stop loss
In my opinion, it's gonna pump and if the market will hold and will not sell at 18 and 20 the price will gonna insures more
THIS IS NOT FINANCIAL ADVICE IT'S JUST MY PERSONAL OPINION
DO TRADING BASED ON YOUR OWN ANALYSIS
GOOD LUCK
NEAR - layer1 race is getting hot?Near is layer-1 project closest to leaders like AVAX EGLD ATOM.
A lot is going on: new projects building on NEAR, bridges, and fast growing TVL.
Let’s take a look on price chart:
- 14$ is important key level. It was tested as support in Jan 2022, and as resistance in Feb 2022. As many L-1 altcoins started to breakout resistance levels, seems like NEAR is next here.
- Moving averages’ combinations show uptrend on all timeframe
Since downtrend of Jan-Feb 2022, NEAR is recovering faster than amy other L-1 blockchains.
Once it breaks 14$ level, 16$ and 20$ levels are on the table.
10.3$ is key support level.
Looking forward for updates on NEAR protocol and dynamic price action!
Interesting Top Pattern NEARUSD As price crosses over 1.618 to 2.618 bulls take charge and push price way up to 2.618 top, price descends, ignores 3.618, but repeats on the transition from 3.618 to 4.618 with a bullish formation, leading to a rise, hitting the top at 4.618
Interesting Fib Circle pattern
NEAR - Take entry hereBYBIT:NEARUSDT
1H trend chart
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There was a timing to enter when NEAR broke the downtrend line.
If you missed it, here is another opportunity to buy, because the price has also broken out the neckline and gotten support of it.
Take entry here and trading strategy as below.
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Profit Targets:
a) 13.138~13.623----Fib(1.272~1.382)
b) 14.142----Fib(1.5)
c) 16.345----Fib(2)
Stop losses:
a) 10.882-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
NEAR/USDT - Potential 65% SetupHello Traders!
NEAR price is exiting a short consolidation in the $9.89 - $11.59 range testing the MA100 on the daily timeframe.
We can consider short-term purchases in the $9.89 - $11.59 range
For such a trade, it is better to use a short stop loss, which can be placed under the price level of $9.89
Take targets are the following price levels:
$16,40
$17,88
$20,16
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
NEARUSDT, Its amazing position with nice R/rHello everybody
Near Protocol is one the most powerful project in blockchain and its wanna do ...
According to the chart and last analysis, we expected the price wanna reach to the top of the channel and then its ready to dump but this analysis was failed and now after the price make new LL we need to wait to have correction of tis wave then we can take in position and now the price is going to reach to the resistance zone level and then in there we need to take signal then we have permission to take short position and wait until the target that we shown on chart.
Dont forget use stop loss and observe to capital management and before taking any signal and trigger for entrance do not open and buy anything.
Previous analysis :
Good Luck
Abtin
NEAR, key BREAKOUT of the trend line!NEAR Protocol (NEAR) is squeezing to the trend line. What will happen next?
The squeeze shows that buyers are willing to buy higher and higher, and there are not enough sellers so the price rises even more.
Also, the fuel for the pump will be the traders who opened short positions and will close them at a loss, giving additional liquidity to the buyers.
It will be important to watch for false breakout of the trend line. After a false breakout, the volumes should increase, indicating the presence of a buyer.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
NEARUSDT-SETUPNEARUSDT price along with trendline but the only problem is a new resistance formation at the top. Bulls have to react well at this resistance if the price again hit that area. If they succeed we could eye a next near-term resistance otherwise price could fall towards the support area.
NEAR ANALYSE SHORTLYHELLO TO EVERY ONE .NEAR WILL MOVE UP ....FIRST GOAL IS 14 ....IT HAPPEN SOON AS SOON .JUST # BUY AT 10$ AND STAY FOR GAIN.
Through simple, secure, and scalable technology, NEAR empowers millions to invent and explore new experiences. Business, creativity, and community are being reimagined for a more sustainable and inclusive future.
NEAR - trading near the fibsNEAR has one of the cleanest trading setups currently using fib retracement. It is considered quite resilient during the entire macro panic dump - didn't test the 0.5 at all, on the 4hr candle it was a wick which closed above the 0.618 levels, which was a good bounce level for another 2 times during the retracement and held to $10 quite closely. I am using the futures chart from the app of bybit.com as my other charts are clogged with many old drawings.
Trading plan - 3 scenarios
Very bullish - 30%
Currently it has just broken through the old ATH, hit an old resistance level and rejected into a supply zone (thanks to BTC’s volatility). Currently trading at 12.6 levels. While waiting for the NFP news on friday to kick in, You can buy some here now if you believe the old resistance will turn into support, wait for a upwards trend towards the old resistance at 13.85 and 15.96. The overhead targets are ATH (~$20) and then the 2.618 fib (23.6) then 3.615 (30.35). Ideally, you would be adding on 5-10% pullbacks from fib or resistance rejections during the uptrend once the pattern plays out e.g. if rejected off 1.618 fib off (~$17), you can set bids at ~$16 levels but beware of being front-runned as whole numbers are key psychological level other traders would bid on. TLDR add on 5-10% pullbacks
Conservative bullish - 50%
Best move to increase your risk:reward and expect a crab market for another 2 weeks as things might be too heated with BTC's 5k candles printing daily - you want to be buying when there isn't hype and where Fear and Greed Index prints lower numbers (thanks BTC). Buying near the 0.786 fib = DCA buying at ~$11.4. Expecting sideways bounce between the fib levels 0.786 and 1 or the supply zone, with a hopeful wick towards 0.618/$10.2 (set a bid there) to shakeout and trigger stop losses before heading higher. Targets overhead are within the month of Feb and possibly March: 13.8, 15.9, 17 (1.618 fib) and then ATH of $20.2. TLDR load up on retracements towards the 0.5-0.786 fibs
Bearish - 20%
Somehow you are convinced BTC has not bottomed and will head towards 24k (20k is for bitboy believers kekk). This would mean current levels are a fake out and would reverse down. At this point you might believe BTC 38.5k to be the higher low to be formed. I took the liberty of drawing a line down from near ATH to current weekly high of 13.8 to see the immediate resistance trendline we need to overcome. A dump would probably set us back to lower fib levels at prices of $11.4 and $10.2, which is near a nice round number $10 where more bids would be filled. Would expect the resistance trendline to hold and then send it lower to 0.382 levels (8.7) and finally 6.36 (old support level). Strategy would be simply short on touches with trendline or higher fib levels (sell high, buy low)
As you can see the trading plan is very fib and TA driven + we have such a clean chart despite all the noise recently. You can learn more via learn.bybit.com to know what the levels mean as each number has certain significance in both bearish and bullish cases.