NEARUSD
NEAR Protocol (NEAR) - August 10Hello?
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(NEARUSDT 1M Chart)
The key is whether you can climb to the 6.557-7.309 section.
To do that, we need to make sure we can keep the price above 5.051.
(1W chart)
Resistance: 6.557-7.309
Support: 2.792-3.545
If the price is maintained above 5.051, it is expected to rise to the 6.557-7.309 range.
- As the Stoch RSI indicator and short-term CCI entered the overbought zone, it is necessary to check whether support is found near 5.051.
(1D chart)
The key is whether it can be supported and rise in the 5.051-5.350 section.
If it moves lower from 5.051, we should see support near the 4.184 area.
- As the RSI indicator is entering the overbought zone, it is necessary to check at which point support and resistance are found when the RSI is out of the overbought zone.
The interval 6.557-7.309 is the interval that determines the trend.
Therefore, if it is not supported in this section and falls, a Stop Loss is required to secure cash.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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NEAR: market anakysis for August 9NEAR is in the bullish trend on the Daily timeframe. Another high of $4.70 was updated on August 5. Now the correction may start in the market.
A pullback buying opportunity will appear after the correction formation on the Daily timeframe. The correction which has just started may form another resistance where the high of August 8 will become its upper border.
The main target for the bullish movement is the resistance level formed on May 30 – June 1 . Its borders are $5.96 – $6.22.
Long positions will remain relevant until the market is above the nearest support level on the Daily timeframe, the lows of July 30 – August 3. The borders of this support are $3.95 – $4.18.
When breaking through the support, the movement potential is limited since the next support is slightly below these levels.
NEARUSD ❕ bearish divergencePrice and trading volumes formed a bearish divergence (1H TF)
NEAR is moving within an uptrend channel, so even after fixing below the support level it is necessary to monitor the price reaction to the lower boundary of the channel.
I expect that the asset will continue to decline.
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 :)
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Near will continue to move up as we approach the conference.Traditionally build up to conferences are good for tokens, even in a bear market.
NEAR has a good conference coming up, with a lot of strong partners and some expected announcement, the build up to the conference should see some positive price action that should move us to $6
There is currently some resistance at $5.100 but we should break through it in the coming days as people take profit from earlier trades.
While this happens we could go sideway between $5.00 and $5.25
TP1: $6.00 (50%)
TP2: $7.00 (50%)
SL: initially $4.5 but moving up
✅TS ❕ NEARUSD: reached the level✅✅NEAR has reached the level again. Now the price forms a possible breakdown of the resistance level. I expect a breakdown of the level.✅
🚀 BUY scenario: long to 5.044.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
NEAR Protocol (NEAR) - July 29Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(NEARUSDT 1W Chart)
On the 18th of July, the HA-Low indicator moved higher and started to cross.
Therefore, if it finds support and moves higher near 3.802, it is expected that the uptrend will continue.
In order to show a full-fledged uptrend, the HA-High indicator should drop and cross, and it should rise with support near the HA-High indicator.
(1D chart)
If the price holds above the 4.184 point, the HA-High indicator, it is likely to turn into an uptrend.
Primary resistance: 5.350
Secondary resistance: 8.002-9.113
A decline below the 3.802-4.184 section is expected to lead to further declines.
Therefore, when it falls below 3.435, Stop Loss is required.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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Long Near (Near) vs USDNear is one of the strongest coins this week and looks like it has no intention of stoping. With markets looking weak, it nice to see some strenght with Near.
Currently trying to flip the level at $9.66 which is the monthly open. When this level is flipped, I expect i to go to ATH quickly after that.
On the fundamentals side, Near is a L1 project that didn't show it's true potential like SOL, AVAX or LUNA. I'm expecting it to be the next L1 moonshot. Top 20 project IMO.
Targets as shown. After $15, expecting a parabolic run to $50.
✅TS ❕ NEARUSD: reached the resistance✅✅NEAR reached the resistance level for the second time. The price has already rebounded strongly from the level once and has now stopped again in its area. I expect a fall.✅
🚀 SELL scenario: short to 3.84.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
NEARUSD ❕ price is under liquidityThe NEAR chart is generally similar to most other coins right now, but it has fewer arguments for growth.
The asset is under liquidity.
TD Sequential has formed a reversal signal downwards (1H TF)
Price has tested 50MA as resistance (30M TF)
I expect a continuation of the correction after fixing under the support level.