NEAR Protocol Price Analysis 4 Hour Chart STRUGGLING!! >?Hey guys NEAR PROTOCOL has recently broken out of its ascending trendline and is now testing the waters of some lower areas of support shown here.. Could it Hold this area of SUPPORt OR Will NEAR head to the DOWNSIDE??
What do you guys think?
BINANCE:NEARUSDT
Nearprotocol
NEARUSD Attempting the first 1D MA200 test in 9 months!The Near Protocol (NEARUSD) is at the closest it has been to the 1D MA200 (orange trend-line) in more than 9 months as there hasn't been any contact since May 05 2022. Even in the event of contact or even marginal break-out, it is not the time to celebrate as within the Bear Cycle's Channel Down (since January 14 2022), there have been another two similar occasions that both started on a Higher Lows bottom but failed to break above the Resistance Zone formed by the previous Lower High of the bearish leg.
That is currently a little below the 0.382 Fibonacci retracement level. In order to extend our buying, we need to see a break above the top (Lower Highs trend-line) of the Channel Down, in which case we expect the price to fill the upper Fibonacci levels one by one.
Note that the 1D RSI invalidating a Bearish Divergence is a positive sign.
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The Singularity is Near +1000%I started buying at a price of 2 dollars.
This morning was considering this project for long-term investment and decided to increase the share of my capital in this project.
A few hours after the purchase, the news appeared that NEAR will develop in the direction of artificial intelligence. And this is a very important direction today.
I would like to remind you that one of the founders before the creation of the NEAR blockchain worked for a long time in the field of artificial intelligence, so I am confident in the successful growth of this project in the long term.
$NEAR: ...The overall picture still remains constructiveHi everyone!
Our view appears to have been correct (see chart below), and technically $NEAR has triggered a nice rally. If you have followed my previous analysis you know that my view is bullish and the target shown previously has not yet been reached. With this in mind, looking at the intraday chart (1h) we see a potential development of ABCDE corrective structure. This structure must be flat (almost lateral) to be valid, otherwise we are talking about something else. If the Price Action stays around 2.05 and 385 area, the pattern will be confirmed..
PREVIOUS ANALYSIS
(Click on chart below)
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖
🔥WHERE TO OPEN YOUR NEW NEAR LONGS? TRADING PLAN AND TARGETS🚩🔥 Hi, friends! I think that bulls have enough power to push the price higher. Just take a look on BTC weekly and monthly candles.
So I recommend you to use these pullbacks as the possibility to accumulate more crypto. But where? Here is my trading plan.
📊 MY TRADING PLAN FOR NEAR:
🔥 fill the imbalance at $2.07-2.23
🔥 volume growth
🔥 squeeze to the trendline
🔥 bullish BTC
🚩Bullish BTC is the main precondition to open a long because in this case, all the altcoins will continue to follow it to 20-21k until BTC won't stop.
✅ MY TARGETS FOR NEAR:
1. $2.73 - the mirror level
2. $3-3.12 - the closest value area
3. $3.5-3.65 - the value area
Traders, do you start to close your long trades because of this pullback or wait for the market to pump soon? It is very interesting to know your point of view.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Good Old Days or WHAT!in weekly timeframe near take sell side liquidity.
old low or $2.8 can retrace price to $1.8~$1.5 and after that price goes up to $3.4~$4.9.
if $1.8~$1.5 unable to act as support we might see equal lows or lower low for complete bearish 3 drive pattern and after that smart money seek to reach $7.3 or even $10.
Near protocol 15 CHART BULLISH Flag ? We Must Break The Current Support/Resistance Zone in order to see NEAR Protocols' next big move.
IF NEAR wants to go up it might test the 2.692 - 2.87 Area of Resistance.
IF NEAR loses this area of support NEAR Might go back down and test the 2.338 - 2.192 area With lots of support around the 2.0 $ LVL.
Near Protocol Price analysis Short term top? $ Hour Chart IDEANear Protocol is coming to a STRONG area of Resistance and needs to break this area if it wants to continue on to the upside!
If this area of Support Holds Near Might go back and test the 2.16 -2.27 LVLS
OR Near could continue on to the upside and try the 2.8 LVLS
Near Protocol Price Analysis LOOONG (15 Min chart)Hello and great day fellow traders!
Here is my opinion on the way Near will be moving in the Short term 15-minute chart in a LONG situation.
We need to hold the support Lvl of 2.150 - 2.170 In order to continue up to the upside.
The next key levels to look out for will be the 2.28-2.56 lvls. If broken then the next level to watch for will be 2.25-2.28.
If all this plays out we will look to the next level at around 2.34-2.37 .
Thanks for looking and all the best ! Please comment if you like and agree!
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!
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.. ✍️
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
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.