TS ❕ NEARUSD: bounced offThe price has broken through the lower boundary of the ascending channel, which means a possible trend change. I expect a downward movement.
SELL scenario: short to 13.413.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
NEARUSD
NEAR BullflagConsidering this whole upper structure as a bullflag, ultimately leading to continuation of the previous bull market
The alternative outcome is that the formation acts as a double top and price comes back to the channel
The bullish state of the indicator on this daily frame is welcomed although
TS ❕ NEARUSD: lower borderNEAR reached the lower border of the channel and bounced up. I expect movement to the resistance level.
BUY scenario: long to 17.5.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
#NEAR/USDT 4HOUR UPDATE BY CRYPTOSANDERS Hello community members welcome to the NEAR/USDT 4hr chart analysis by CRYPTOSANDERS
I have tried my best to bring the best possible outcome to this chart.
As we can see from the above-mentioned chart that NEAR/USDT broke the triangle pattern and retested well.
According to the current scenario, it can move up by almost 30% from the green zone which is also a support zone.
So, here we can take a long position for some short-term profit gains.
Entry:- $15.566,$16.090
Traget:- 30%
Stoploss:- $14.950
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
NEARUSD ❕ NEAR is back in the channelFrom the previous idea, the price did not reach the entry point and returned to the ascending channel. Volumes on the rise have increased, and the price is now above the strong support level. Now the price is near the resistance level, I expect fixing above it, and after reaching the target indicated on the chart.
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
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NEARUSD ❕ uptrend breakoutThe NEAR idea was successful and the price is now at the support level. We broke the uptrend channel and also formed a triangle during the decline. There are large volumes at the nearest resistance level, so I expect that after reaching the upper boundary of the triangle the price will retest the support level, fixing under it and reaching the next support level.
NEAR is close to possible capitulationPossible capitulation if price penetrates trendline to the downside. If it does and holds below trendline, either go short as soon as it closes below trendline for aggressive trade or wait for retest of trendline. Stop loss is tricky here since right shoulder and lower trendline spans 16%+, but I'll set it at $15.97, a middle point between upper and lower trendline.
NEARUSD ❕ stronger than the marketThe previous NEAR idea was successful and the price corrected. The coin is still stronger than the market and we continue to move in an uptrend channel. But the flag pattern during the rise was not worked, and during the fall a wedge was formed on the 1H timeframe. I expect a retest of the resistance level, and after reaching the support level.
NEAR/USDT ChartHi, I try to post often so if you could follow and like it would mean a lot to me.
Considering that NEAR will close below the 16$ support level (it probably will but we never know) the coin is going down to the 13.50$-14$ range. We just had a double top with a bearish divergence in the 1D chart and with the current BTC price movement an altcoin bleed is the most probable scenario. The 4H chart of the coin isn't looking that good either. Comment what you think.
I am posting more ideas this week but there is no stream friday. Sorry for the inconvenience.
Depending on Reaction to 14$ Resistance, Near has 2 Scenarios!🌳NEAR has Made a Inverse Head and Shoulder Pattern. The Price Has Broken The Neckline of this pattern So This Means The Price should Have no Difficulty In Ascending Further.But There are 2 Scenarios right now! once is that The Price would Break the Resistance Drawn on The Picture (around 14$) and would Ascend to It's Target & Resistance Which Sits around 20$. another Scenario is That The Price Would Do a Correction & Decrease to The Neckline once again & after That It would be Ready to ascend Further. We shall wait and See the Reaction From The Resistance! Note that The Price Can Increase as Much as the the Length Between The Head and the Neck line!)
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Thank you for seeing idea .
Have a nice day and Good luck
$NEAR Trade Idea - Very Good Opportunity On The 4H Chart!!Hi Traders,
This is what I see for $NEAR in the next few Weeks, After a perfect reversal from the 20/21 ATH which turned to current Major bottom with god volume and momentum, followed by a breakout and retest of the mentioned resistance area, speedy than Bitcoin, Near may reach the mentioned targets sooner than what I expect!
Direct entry with buy zone up to 11$.
STOPLOSS: 1 DAY CLOSE BELOW 10.3$
Targets:
15$
16.5$
20$
25$
TBA
NFA, DYOR, and Good luck.
Let me know what do you think in the comments! smash that like button if you like the idea!
Good luck everyone.
NEARUSDT-SETUPNEARUSDT price is staying above a critical support which was acted as a resistance before. Now positive move prevail between the channel and enhancing the sentiment for an upcoming move. Price can go further with strong momentum to complete the formation of C & H pattern, Bulls can react accordingly by showing great bit of strength. Let see how price action emerged!
NEAR Protocol (NEAR) - April 5Hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(NEARUSDT 1W Chart)
It is important to find support near 16.480 as it is renewing ATH and moving up again.
From the wRSI_SR indicator, the RS line is above 80, suggesting that it will decline in the not-too-distant future.
Therefore, it is necessary to check which section receives support and resistance.
(1D chart)
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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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