Near Protocol NEAR Intraday Trade SetupThe chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity.
Nearprotocol
Near protocol NEAR price finished its correction?Today, we'll talk about the prospects for #NEARUSDT price movement
The last time we wrote a medium-term forecast for Near's price movement was 4 months ago.
The forecast was $3.70 ↘️$2.50 ️↗️ $10, and the current high was $9
Come on, admit it, who started selling AMEX:NEAR before the target ?)
When the correction began, we made an estimate of where it would be interesting to buy #Nearusd - $3.85 - $4.50.
The price has already squeezed there, and to be honest, we would not want to see NEAR below $4.
And if you look at the current chart of NEARUSDT on the 12-hour timeframe, you will see 5-6 "shadows" from the bottom, which means that the coin is being bought back.
Our medium-term targets for the Near protocol token price are $10 - $13 - $15.50 - and ATH = $20
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NEAR ProtocolNEAR Protocol is a cloud computing layer-one blockchain platform that provides useful features. It seems a big harmonic pattern has ended as price broke the downtrend line. Still, there are two lines that price needs to break upward in order for the uptrend to be confirmed. First is the minor downtrend line and second, and more important, is the horizontal line/area. Let's see what happens.
#NEAR looks promising for the long term!NEAR is forming this huge bull flag.
For the long term, this seems like a solid choice. Its strong tokenomics and competent team make it a promising asset. The chart indicates the potential for significant growth in the next few weeks.
It may drop to $4.3 support, which is a very strong support, but there is one more support at $5.
So consider adding more if it drops below $5 to $4.3.
Remember to do your own research.
NFA
#NEAR/USDT Short term Target!#NEAR for the long term seems like a solid choice.
Its strong tokenomics and competent team make it a promising asset.
The chart indicates the potential for significant growth in the next few weeks.
Don't be shocked to see it reach triple-digit prices when the real alt season hits!
In the short term, a trading price above $10 seems probable.
Consider adding more if it drops below $5.
Remember to Do Your Own Research.
NFA
NEARUSD 12HNEAR ~ 12H 📈
#NEAR On the 12H Time Frame, BINANCE:NEARUSDT Formed a Bull Flag Pattern. Bullish if #NEARUSD succeeds in breaking this resistance line with a full body candle. Minimum target 15%+
Wanna Double Again? -NEAR PROTOCOL- I recently Shared NearBTC and gave you some short term targets for Near.
In a few week Near will climb through 16 to 20.
According to Elliot waves theory, Near has finished its own corrective move.
It's time for a bull run now.
Targets specified on the chart before this post.
Main target 16.
Good Luck To Us All.
BUY NEAR NOW!!! THIS IS THE LOWEST IT WILL GET!FINALLY! After waiting for so long, It has finally reached the area of interest for higher prices! I full ported this in, holding for the long term!!! This is the one! It can possibly go lower, but the perfection in between the lines is absolutely insane! Looking for higher highs from here on!! Get ready for the Halving!
Near protocol Near usdt analysis
Daily time frame
We can see 2 bottom pattern so I guess 9 BME:IS my first target
Bace on extended fibonachy 13 BME:IS my second target
NEAR: on it's way to ATH?NEAR appears to be breaking out. A couple of zigzags are likely as NEAR manouvers through various FIBs but ATH is in sight!
Near Protocol (NEAR)/USD - Bullish Breakout!Coin Name: Near Protocol/USD (NEAR)
NEAR Protocol (NEAR) has successfully broken out from a: £Descending Channel" pattern on the 4-hour timeframe. This breakout, is typically considered a bullish signal! The pattern suggests a potential trend reversal from bearish to bullish.
If bulls can maintain heat a breakout to the upside to "$7.44" will happen very soon and likely retest the Resistance target zone at: "8.08"
Line of Support= $6.42🟢
Line of Resistance $7.44🔴
🌟Target= $8.08🎯
Major Resistance= $8.59❌
NEAR/USDT Potential Rally For a Breakout | 👀🚀NEAR Analysis 💎 Paradisers, all eyes on #NEARUSDT ! It’s tracing a path within a symmetrical triangle, bracing for a breakout that could set the stage for a bullish rally.
💎If #NearProtocol momentarily falters at the triangle’s edge, we anticipate the next rally from the $6.03 support line. This zone is a magnet for action, historically sparking impressive climbs with its vibrant trading activity.
💎This will be a critical juncture. If we slip below $6.03, brace for a dynamic rebound from the $5.09 frontier. A dip here might unleash market forces, but we’re ready to ride the wave.
💎Paradisers, stay poised and proactive as we navigate the unfolding epic of #NEAR’s market journey.
$NEAR Bullish OutlookNEAR is on the verge of a breakout on both the 1d and 4h chart.
The reason I’m bullish is as you can see on the chart, it has been testing the upper trend line of the Symmetrical Triangle formation repeatedly without shooting back down to support immediately which is a good sign of bullish buying.
I would wait for a breakout confirmation on the 4hr (1-3 candle closes above resistance line) and enter a long position no more than 5x (personal preference and risk tolerance)
DYOR/NFA
NEAR/BTC bullish ride? 👀 🚀 Near today analysis 💎 Paradisers, turn your attention to #NEARBTC! We've spotted a compelling trend as it positions itself within a demand zone, suggesting a bullish path could be on the horizon.
💎 #Nearprotocol is navigating an ascending channel and has notably breached a key resistance at $0.00007898. Currently, as the price edges closer to a demand level, maintaining its momentum could significantly increase the chances of a bullish advance towards and beyond the supply zone.
💎 Should the momentum for AMEX:NEAR begin to wane, we'll be looking to capitalize on a dynamic rebound from the crucial demand level at $0.00005848. Nonetheless, breaking below this pivotal point may hint at a shift towards a deeper bearish phase.
💎 Remember to employ strategic trading methods and implement proper stop-loss measures! Stay vigilant to market developments and await more insights
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.
NEAR/USD - Overshoot at the Light Blue Resistance ZoneIn my previous analysis, I explained that NEAR is in a key resistance zone with the highs around $7.20. NEAR had a strong overshoot with a long wick up to $9. There has been a lot of FOMO in the market driving prices way above their targets, and we are starting to see bears regain control at these high prices. I think NEAR needs a much steeper correction below $5, and I would monitor the price action in this resistance zone to see if the price can continue to hold above $5. If NEAR remains in the resistance zone it is likely to move sideways above $5 to avoid a drop.
Speculative C&H Pattern on the weekly NEAR chart. Too early to confirm this but thought it would be fun to post a speculative pattern on NEAR Protocol here. The bottom of this cup is not quite as rounded as I normally like them to be which is one more reason that this chart is mroe speculative as of now, but still I have seen cups with uglier bottoms play out so this one is definitely still feasible. Posting this now so I can watch the fun weeks-months from now by clicking play and see how well it plays out *not financial advice*
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
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
Near Swing TradeCurrently positioned in buys on leverage. Looking for the creation of a new swing high around $6.30 per coin. Could trade beyond that as well.
In confluence with BTC, however lagging, I’m anticipating the majority of alts to see another impulse to the upside.
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.
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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*
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).
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