NEARUSDT 1D Near Protocol price growth is acceleratingThe Nearusdt price movement structure is different from most altcoins.
Most altcoins started their downtrend back in late 2021 - early 2022.
The Nearusd price was still actively growing in April 2022, and then large buyers seemed to abruptly leave NEAR and the price irretrievably fell from $18 to $3. It hurts for those who trade without stops.
A new set of longs took place in the range of 3-4 dollars.
Now the Nearusdt price is starting to gain the amplitude of parabolic growth.
However, at the moment, we hardly believe that the Near price will be able to break through and establish itself above the liquidity zone of $6.90-7.60 from the first time. Therefore, this is the first strong target where longs taken below can begin to close.
If we see activity from you under this idea in the form of likes and comments, then after reaching the goal, we will update our thoughts regarding the possible further price movement of the Near Protocol.
Therefore, if you are interested in NEAR, everything is in your hands :)
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Nearforecast
NEARUSDT 1D Near protocol, possible x3 rise for 3 months?Today, we bring to your attention the analysis and possible medium-term trade of the pair Nearusdt
In recent times, a lot of news has been circulating around the Near protocol, some of them official, and some at the level of rumors or conjectures. But we here are not for this, we are translating into text what we see on the chart.
On the chart, we see increased trade turnover, which means the interest and struggle of buyers and sellers at key levels. In general, today, Near is in the top 10 in terms of trade volume around the all crypt , a worthy result to offer a medium-term trade.
We set up a procurement area of $14.10-14.80 for ourselves. Tonight the minimum was $14.70. At the moment - there is still the possibility of falling the price in the desired area of purchase.
Fixing the price NEARUSD above $16.30 will mean that the price movement has begun.
As can be seen from the history of trading in the area of $13 traded mirror level , which at one time skillfully alternately played the role of support and resistance.
Therefore, it is logical to place the stop below $13.
In this trade, we see three logical take profits, and each individual will be able to choose a comfortable trade for themselves.
In summary, we obtain the following initial data for the trade:
The entrance area to the long - $14.10-14.80
Stop - $12.99
TP1 - $20.60
TP2 - $28.60
TP3 - $41.40-42.00
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)