Near Protocol Analysis Near is looking like it's on an upward trend!
It needs to Hold the 1.95 LVL that it just tested or it will go back and retest the 1.67 LVL
If 1.95 is held the next level to look for will be around the 2.21 -2.43 level.
If broken the next target will be the 2.8 lvl and then the 3.2 Lvl .
Happy trading to all :) leave a comment or like please I'd love to hear what you think of my ideas! :)
Have an amazing day all!
Nearprotocol
NEAR | Fueling up for Massive Breakout..!!
#NEAR Falling Wedge formation in Weekly timeframe..
Massive Buying Volume Coming in..
Expecting Breakout Soon..
+450-500% Profit Potential in the Midterm.. ✍️
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Thanks for Your Love & Support..!!
🔥 Why Near Protocol coin is falling? 👇Today we will talk about Near Protocol
The last 4 months have been somehow catastrophic for the NEARUSDT price. After all, during November, Near depreciated twice from $3 to $1.5, and since August 4 times from $6 to the current $1.5.
One of the reasons that encourages investors to get rid of their Near can be called that the structures of Samuel Banckman-Fried (FTX and Co) own a total of 17 million NEAR tokens. In case of bankruptcy, they are subject to liquidation. That is, they will be transferred or sold to someone. However, NEAR has insurance against the simultaneous sale of coins - most of the tokens owned by FTX will be unlocked within three years.
This reason at least somehow explains the NEAR drain in November.
But why NEAR was drained in large amounts before, we do not know. Did the "big wallets" know about the impending troubles in the crypto world much earlier?
Write what you think about it in the comments below the idea.
The other day, the price of NEARUSD easily updated the minimum from 2021, without any problems, and without the volume of the struggle between buyers and sellers.
Well, now we can only assume in what format the downward trend of the NEARUSDT price will be able to reverse.
As an option, a long formation of the "Inverted Head and Shoulders" reversal pattern is possible. Potentially, the formation fits the technical description of the pattern, as well as the volumes that decrease from the left shoulder to the Head.
Now the price of NEARUSDT is above the liquidity level of $1.25-1.50, there are chances that it may not go lower. And then the long growth of the NEAR price to the $5 area, where every trader and hodler should think about it: "Is it worth keeping this asset "?
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✴️ NEAR Protocol | BULLS ConfirmedNEAR started the year challenging EMA50... The first time being 5th January.
NEARUSDT fought with this resistance for a few days until yesterday, 11-Jan., when the bullish bias was confirmed through a full green candle... when this level was conquered.
Oh wait... This is was supposed to be an update to this previous trade idea, see below:
We already predicted that NEAR Protocol hit bottom... No surprise now it goes up; More to come!
Patience is key.
Namaste.
✴️ NEAR Protocol Hits Bottom | Volume Analysis (211% Potential)We will now entertain ourselves with a different type of signal...
Normally we look at the RSI, EMA50, Candlesticks and what not; Let's make it a little bit different this time.
NEAR Protocol (NEARUSDT) dropped by 94.42% from its All-Time High (-94%).
How do I know if this is the bottom?
The peak was hit in late 2021, afterward we have the bear cycle/bear market/correction phase.
- As this phase approaches volume increase, it is still strong (1st wave).
- As this phase intensifies, volume reaches its highest level (3rd wave).
- As this phase reaches its end (bottom), volume goes lower (5th wave).
New lows being hit as volume decreases signals that the trend is coming to an end.
Since we have above average volume in the last three days as NEARUSDT breaks above EMA10... These signals are telling us that things are about to change.
How was it?
Very simple...
Simple is awesome...
Simple is jus great!
Thank you for reading.
Namaste.
✳️ NEAR Protocol VB, HL, hBD | Chart LanguageChart language.
The last 3D candle on the NEARBTC pair closed yesterday and we can appreciate a breakout in bull volume. The biggest volume bar since late November.
The RSI also hit its lowest point recently and when we look back to December 2020/January 2021 we can notice a "hidden" bullish divergence.
This happens when the RSI hit a lower low, long-term in this case, while the pair hit a higher low.
These are the three signals mentioned on the title:
1- Volume breakout (VB).
2- Long-term higher lows (HL).
3- Long-term hidden bullish divergence (hBD)...
Chart language.
The last candle with high volume closed above EMA10.
Telling us that the bulls are now playing NEAR Protocol and with the bulls playing we expect green.
One last little detail... NEARBTC corrected by 84.29% from its All-Time High.
There you have it... Another altcoins vs bitcoin pair that bottoms in the same range.
All this tells us that the upside has more probability next than red.
Easy 105% with additional potential long-term.
Thank you for reading.
If you enjoy the content feel sure to follow me and boost. 🚀👍
Namaste.
NEAR Protocol Analyze (Road Map)!!!🗺️(+250%😱)❗️❓Today, let's look at NEAR Protocol's road map🗺️.
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.
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NEAR Protocol is running on descending channel for about one year.
Also, If we look at the NEAR Protocol by Elliott waves theory. It is running on microwave 4 of microwave 5 of main wave A.
I tried to show you the end of main wave A in my chart.
🔆Suggestion: If you want to add NEAR to your portfolio, you can wait to break the upper line of descending channel or when NEAR touches my target(zone) for the end of main wave A.
NEAR Protocol Analyze ( NEARUSDT ) Timeframe Daily⏰ (Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
NEARUSDT reached a prevous support zone Hi guys , after the new year celebration we get things to be continue as normal and fresh. I wish you all happy new year. Today is Monday so I come with an idea .
NEARUSDT is reached a previous zone that acted as support which now turns to resistance this is happened in the 4 hr chart but my illustration is on the hourly chart so that make sure you see the 4 hr chart to see the big picture .
the level I marked out between 1.300-1.309 acted as support and resistance multiple times in the past so now price reached in that zone. what should we expect from this ?
1. Ride the move to the downward direction that is also the current trend direction as the analogy "the trend is your friend " for now we have to look shorting opportunity.
2. If case 1 did not happen we are going to look for buying opportunity with in the same zone we marked out.
stay safe and happy new year again guys
Never trade without stop loss
Use proper risk management
Risk only what you can afford to loose.
Will FED be #NEAR sighted and whack NEAR COIN? ⚔️NEAR/USD -12HR
Head and Shoulders pattern forming.
If the neckline is broken and confirmed, a measured target would be in the mid to low $2 range
Fed meeting tomorrow could be the catalyst to invalidate the pattern or cause the break down. 👀
Short on confirmation, neutral until then.
Support at 1.614 is required for a bullish reversal...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(NEARBTC 1W Chart)
When you touch the area around 0.0000 6980 ~ 0.0000 8289, which is the section where you can get the power of the last rise, and rise, you need to check whether the HA-Low line will fall and be created.
There are no trades available at the current price position.
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(NEARUSDT 1W Chart)
The important point is whether it can be supported near 1.614, which is the newly formed volume profile section, and can rise above 2.792.
(1D chart)
It is necessary to confirm that it can receive support around 1.614 and rise above the MS-Signal indicator.
If it falls below 1.614, it is highly likely that the downtrend will continue, so you need to think about how to react.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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NEAR IDEAHELLO GUYS THIS MY IDEA 💡ABOUT NEARUSDT is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the sellers from this area will be defend this SHORT position..
and when the price come back to this area, strong sellers will be push down the market again..
DOWNTREND + SUPPORT from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like and follow thanks
NEAR Protocol Signals Based on Candlesticks (80-140% Potential)We have two reversal signals showing up on the NEARUSDT chart based on candlestick patterns.
One came in 21-Nov. as a Dragonfly Doji.
This is a reversal signal.
The next one is a hammer, 28-Nov.
A reversal signal when it comes at the bottom of a trend.
With NEARUSDT hitting a lower low, this signals become strong.
This is a bottomed altcoin, which means very low risk, very low...
With high potential rewards.
Namaste.
NEAR Protocol (NEAR) - November 26Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(NEARBTC 1W Chart)
It plunged below 0.0001 5311.
If it does not enter the downtrend channel, it is expected to receive support near the next support range, 0.0000 6980 ~ 0.0000 8289, and gather strength for the uptrend.
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(NEARUSDT 1W Chart)
The key is whether it can rise to the 2.792-3.545 range.
To do so, we need to see if we can get out of the downtrend line and hold the price until the HA-Low line drops below 1.286.
(1D chart)
The HA-Low line formed at 1.735.
So, you should see if you can hold the price around 1.735 until the MS-Signal indicator declines.
If not, a decline below 1.412 is likely.
It is necessary to touch the vicinity of 1.412 and check whether a sharp rise occurs.
If it does not fall below the downtrend line, it is expected to rise.
Whether this rise can turn into an uptrend depends on whether the price can sustain it by moving above the HA-Low and above the MS-Signal indicator.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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NEAR Protocol (NEAR) - November 14Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(NEARBTC 1W chart)
It is losing a lot of strength as it is falling in a critical section.
It is important to find support near 0.0001 1285.
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(NEARUSDT 1W Chart)
The key is whether you can climb to the 2.792-3.545 section.
To do that, we need to see if we can move higher than 2.337.
(1D chart)
The key is whether it can find support near 1.870 and move above 2.337.
If it doesn't, you should be careful as there is a possibility that it will move towards the 1.412 level.
There is nothing that can be done at the moment because it has to rise above the HA-Low index and above the MS-Signal index to turn into an uptrend.
You need to be careful because excessive buying can only make it take longer to convert into profits.
In particular, you need to be more careful about buying more when you have a loss rate of -30% or so.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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NEAR/USDT - LONG----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ NEAR/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (2.0X)
Entry Orders:
1) 3.249 - 100.0%
Take-Profit Orders:
1) 3.446 - 33.333%
2) 3.628 - 33.333%
3) 3.904 - 33.333%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (2)
NEAR Protocol (NEAR) - November 3Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(NEARUSDT 1W Chart)
The key is whether the 2.792-3.545 zone is supported and able to rise.
(1D chart)
We need to see if we can support and move up above 2.949.
If it falls below 2.792 and finds resistance, I would expect it to fall below 2.337.
It needs to move above 3.802 to continue the uptrend.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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