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NEAR

Is NEAR chasing a new ATH?Hello everyone! The #NEAR cryptocurrency has already brought us good profits last year. I suggest you consider entering a trade at this point. At the $6 level, we have a strong support zone that is clearly visible on the chart. You can open a position from the current price levels, or you can also place another buy order around $6 just to be safe. The main target is $12.48. You can also set sell orders at all the important Fibonacci levels: $10.85 $9.43 $7.92 I believe that the asset may continue to move above these levels. This is not financial advice, and all trading is done at your own risk! Follow me to receive more trading ideas.
Long
by neverovv
📈Near: Bearish Rejection at Weekly Resistance✅🔍Today's analysis focuses on Near, which experienced a rejection from the weekly resistance at $8.39 on the first day of the week. The rejection candle engulfs the previous three candles, indicating strong resistance. However, it's noteworthy that the volume of the rejection candle is lower than the preceding candle, suggesting significant resistance despite a surge in buying volume failing to breach the resistance barrier. 🌪Since March 11th, Near has been consolidating within a range, with the weekly resistance at $8.39 and the support at the 38% Fibonacci level. Both levels exhibit considerable strength, but a preference for a downward correction is apparent from the price action, given the dominance of red candles, potentially stalling the upward momentum. Nonetheless, the weekly and daily trends remain bullish, capable of easily reversing the sentiment on the 4-hour timeframe if the resistance is breached. Therefore, vigilance is required to avoid missing out on potential gains. 📉For short positions, the 38% Fibonacci level serves as a trigger, but it carries significant risk, necessitating careful risk management. Quick profit-taking is advised if the level is breached, as it may signify the beginning of a market downturn, with sellers yet to fully assert their control. 📈For long positions, awaiting confirmation within the golden Fibonacci zone or entering after the $8.39 resistance is breached is recommended. Moreover, if the RSI can break above the 62.69 resistance and the price overcomes its weekly resistance, targeting $13 becomes plausible, potentially offering a risk-reward ratio of 10 with prudent stop-loss placement. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2.
by itsparham96
NEARUSDT can ascend further!Hi. BINANCE:NEARUSDT 😊Today, I want to analyze NEAR for you in a WEEKLY time frame so that we can have a Mid-term view of NEAR regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). NEAR is testing the s/r zone on weekly timeframe🤔 ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
NEAR USDT TO $12NEAR USDT TO $12 Long accumulation phase on daily timeframe that finally broke out. A move like this could have potentially a lot of upside. We saw the same with AVAX a few months ago, albeit on the weekly timeframe. And we played AVAX when it was under $10 to catch that megapump upwards of $40. NEAR could go a lot higher, with $12 just being the first target. Why $12? The previous high on NEAR was sub $20. However, there was a lot less coins in circulation in 2022 when NEAR hit its previous highs. If we take the previous high market cap (12.5b) and use that with the current circulating supply, that takes us right at $12. That's not to say that it can't go higher than $12, but just $12 should be the first target. Which can also see a possibly pullback. If we can get past $12 without any pullback, we could breeze through $15 and previous highs. BINANCE:NEARUSDT BINANCE:NEARUSDT.P BYBIT:NEARUSDT.P BINANCE:NEARUSD COINBASE:NEARUSD KUCOIN:NEARUSDT MEXC:NEARUSDT.P OKX:NEARUSDT.P BYBIT:NEARUSDT BITGET:NEARUSDT.P BINANCE:NEARUSD.P KRAKEN:NEARUSD MEXC:NEARUSDT BINGX:NEARUSDT.PS COINBASE:NEARUSDT CRYPTO:NEARUSD
Long
by Coindatahouse
NEAR / ETH - A potential trade to increase your ETH holdingsNEAR / ETH A potential trade to increase your ETH holdings ⌛️Potential Head and Shoulders Forming with break out pending (not confirmed) ⌛️ OBV Decision Due - Rejection off resistance or break above? Either way there is a potential trade here, ideally with a break above the H&S, then I would allocate some ETH to NEAR. I might consider an entry around current levels and if we drop a bit towards the 21WSMA (blue line) If you combine this set up with what was discussed in the last post on ETH/EURO, you can see a similar set up. EURO < ETH < NEAR > ETH > EURO An important distinction to make is that one could assume if we get break outs on both charts and reach approximate guessed target levels, we can potentially 2x our ETH position or 4x our EURO position. Whilst the latter sounds better, if our ETH position 2x's, its because ETH has outperformed EURO. Thus, buying ETH with EURO and trading the ETH/NEAR might be could be a good approach to this trade. How realistic are the targets? If NEAR hit our target levels it would have reached top 10 status in terms of market cap, so its a big ask. NEAR currently sits as the 21st largest by market cap in crypto with a €5.9bln market cap. Shiba Inu and Dogeoin are 9th and 10th largest by market cap at €23bln and 21bln respectively. I see no reason as to why NEAR Protocol and all it offers could not stretch near to these two funbun coins rattling around the top 10. Time will tell, ill keep you posted on any changes here and on TradingView PUKA #NEARProtocol
Long
by PukaCharts
A NEAR Breakout - NEAR PROTOCOLNEAR / EURO ⌛️Potential Parallel Channel Break Out ✅ Good Risk:Reward for small/medium position ✅ OBV has broke above key resistance line ✅ Volume spikes previously indicated move up Ideally, waiting for a break above the parallel channel is the safest entry or waiting for a bounce from the 10W SMA (blue line). Folks just look how accurate and useful the On Balance Volume (OBV) has been on this chart. I have been using it a lot more lately, and intend to in the future. Easily could see a pull back before any breakout and we could easily break down below 10 week SMA so my so my stop is placed at $3.80 (-30%). This is a small position trade so I cant lose a lot here but I could 4x that small position into something so that's the potentially against s 30% loss. Just for the record I could change my mind and exit early or allow for a quick puncture of the stop if I thought it was a stop hunt. I will follow this tweet with how this chart looks on the ETH pair, because it could present an opportunity to increase your ETH at present if it continues to outperform ETH. PUKA CRYPTOCAP:NEAR €NEAR #NEAR #NEARProtocol
Long
by PukaCharts
2
NEAR/USDT Indicating Continue Upward Trajectory and Breakout!💎 NEAR has recently demonstrated significant market dynamics. Currently, it is encountering a major resistance area, where it was previously rejected. 💎 If NEAR manages to successfully break out above this resistance, it could signal a continuation of the upward movement, potentially reaching our target area. 💎 However, if NEAR fails to break out above the major resistance soon, there is a possibility of price rejection, leading to a gradual decline towards the support area around $4.6. This is particularly significant as NEAR has not yet retested this level after making a significant breakout previously. 💎 The support area holds crucial importance for NEAR, as a bounce from here would be necessary to attempt another breakout above the major resistance. If NEAR fails to hold the support and breaks down below it, this would be considered a bearish sign. 💎 In such a scenario, NEAR could continue its downward trajectory towards the Bullish OB area, or even lower if it fails to bounce from the Bullish OB.
by MyCryptoParadise
NEAR Impending Correction!!It is prudent to exercise caution and abstain from initiating any trades until the asset transitions into the "POI" zone, which aligns with our downward targets. Liquidity has been withdrawn from the range approximately between 6.17 and 6.20. We are nearing a significant "FVG" point, poised for trading opportunities. Upon entering the favorable zone where decisive actions can be made (POI), we will transition to lower time frames ("LTF") to identify shorting setups, ensuring confirmation before execution.
by truepersonal
3 possible scenarios for NEAR price movement in the coming monthDo you think that yesterday's "shaking out" of positions was at the same time a necessary correction to continue growth? Or can and should the NEARUSDT price still correct to before continuing to $2.5 grow to $10? Or maybe it's "game over"? NEAR price growth cycle over and a deep correction to the $1.5 area ahead? Vote in the comments which scenario you prefer, or write your own version. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
6
Near Protocol is now on my radar; 2 bullish breakouts in playBeen hearing lots of good things about NEAR so finally pulled t up on a chart and I can see in the short term it is currently breaking upwards from a descending channel which looks much more like a bull flag on higher timeframes, as well as an inverse head and shoulder pattern. I have illustrated both measured move targets here on the chart; The purple dotted line representing the bullflag target, and the green dotted line representing the inverse head & shoulders target. * not financial advice*
BINANCE:NEARUSD
by DrDovetail
NEARUSD Ahead of another bullish breakout.NEAR Protocol may be overbought on the 1W timeframe (RSI = 80.848, MACD = 0.649, ADX = 57.589) but as it closed three weeks ago a 1W candle over the 1W MA100 for the first time ever, it is approaching the R1 level (6.13750). If broken, we expect the continuation of the rally and our target will be on the completion of a +1,305% rise (TP = 12.55000). The reason is that twice in its short history, NEAR has had this king of rally. Then upon a short-term correction, we expec the All Time High to get tested (TP = 20.000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:NEARUSDLong
by InvestingScope
NEAR ProtocolNear protocol has a lot of Bullish patterns, indicators. My take profits start with 45% to 100%. Inverted double H&S showcasing we should get a strong and a fast move up. What Is NEAR Protocol (NEAR)? NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability. This provides the ideal environment for DApps and creates a developer and user-friendly platform. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum. NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug.” NEAR Protocol is being built by the NEAR Collective, its community that is updating the initial code and releasing updates to the ecosystem. Its declared goal is to build a platform that is “secure enough to manage high value assets like money or identity and performant enough to make them useful for everyday people.” Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and Mintbase, an NFT minting platform are examples of projects being built on NEAR Protocol.
Long
by Achilly