NEARUSD
NEAR/USDT ChartHi. I try to post often so if you could follow and like the idea it would mean a lot to me. I will start streaming on Tradingview on friday.
NEAR is very bullish right now broking the 16.30$ area and heading towards the 20$ target. Overall market conditions looks good to bullish altcoins move so we don't expect a BTC chop right now. In the 1D chart we can confirm a great volume in the last 2 days so I believe in the 20$ target. 4H chart also looks preety good so no problem there. 1H chart has a bearidh divergence but I dont expect a correction that can affect the bullish bias of the coin. Comment what you think.
I will do my first test stream on friday at 16H UK time so follow and come to the stream. I will answer questions and talk abou the market. Hope to see you there!
Nearusdt: Sell opportunityHello Traders!
This is Nearusdt's short trade.
Nearusdt has given a bullish breakout and we can see a reaction pattern. This reaction pattern is a selling opportunity and we will hold it till the support area.
Stoploss is 2% of the investment and target is 14% of the investment
Suggested leverage 10x
Don't forget to hit like button and follow to stay connected
Nearusdt: Time for more DipHello traders!
The market is slipping down slowly but this fall is going to end soon but not for all the pairs if we look at the chart of Nearusdt we can see that it's about to break the support and as usual what I teach you is that market never moves in the direction of the breakout but it pushes back itself after the breakout. It happens because of sudden buyin/selling pressure. So expect some retracement which will start after the breakout of support and the real fall will start after the breakout of trendline where most traders are waiting to buy but we will go for the sell.
If we look at the 3rd breakout we can see a correction below the breakout. If this correction was connected with the support line then we should have seen another pump but because this was the third and the last breakout so it didn't connect purposely and started to fall.
If you want to learn this then I have posted an educational post with the title "Father of all strategies".
This is the last time I am warning the traders that don't follow traders who draw big lines after the breakout. They are just doing a dirty business of selling signals and paid courses which never works. LOL, because after the breakout market turns back and it is the natural behavior of the market.
There are a few more secret powerful methods that I will teach you soon.
Don't forget to hit the like button and follow to stay connected.
NEAR (NEAR Protocol) Coin Analysis 01/04/2021as we had Analyzed this coin Earlier and Capitalized on it, we are Updating it and taking new Positions...
Fundamentals:
NEAR Protocol is a decentralized application platform designed to make apps usable on the web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to offer scalability and stable fees.
NEAR is the native utility token that is used for:
Fees for processing transactions and storing data.
Running validator nodes on the network via staking NEAR tokens.
Used for governance votes to determine how network resources are allocated.
NEAR tools include:
NEAR SDKs which includes standard data structures and testing tools for Rust and AssemblyScript.
Gitpod for NEAR to create a zero time onboarding experience for developers.
NEAR Wallet that lets application developers create streamlined user experiences.
NEAR Explorer to aid with both debugging of contracts and the understanding of network performance.
NEAR Command Line Tools to allow developers to deploy applications from local environments.
NEAR Protocol launched its mainnet on April 22, 2020 with 1 billion NEAR tokens created at genesis. 5% of additional supply is issued each year to support the network as epoch rewards, of which 90% goes to validators (4.5% total) and 10% to the protocol treasury (0.5% total). 30% of transaction fees are paid out as rebates to contracts which interact with a transaction, while the remaining 70% are burned.
NEAR Protocol is the brainchild of developers Alex Skidanov and Illia Polosukhin, both of whom have extensive experience in programming.
The two met while Skidanov worked at U.S. startup accelerator Y Combinator, and in July 2018 began work on a project which focused on allowing developers to build and release software with less friction.
This project became what is now the NEAR Protocol, and employs more than 40 staff, including developers with experience at Google and MemSQL.
According to NEAR Protocol’s official website, many of the developers hold prizes and nominations from competitions in coding and related fields, notably the International Collegiate Programming Contest (ICPC).
Skidanov himself worked at both MemSQL and Microsoft, while Polosukhin contributed to end-to-end open source machine learning platform TensorFlow and Google Search.
Technical Analysis:
there exist a Hidden Bullish Divergence with MACD which is the sign of trend continuation and we can also see that the price has done its Accumulation followed by a n up move and currently retracing and correcting it self where the reaccumulation is going on and we can see it has shown the Hidden bullish Divergence with MACD along the process.
there total of 3 Targets defined by the Fibonacci Projection where as the 3 TP gets its confirmation as the Price Triggers the 2 TP followed by some Price correction
Near is on its way to ATH$near #near looking at 17.74 as next target. H4 close above diagonal trendline and daily close should be above golden pocket and potentially .786 which would support another leg up. 1.618 would be next stop if not rejected at 1.272.
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
Near is Stuck in a Bearish Trend! Might reach 5$!!Hello every one
NEAR is In a Bearish trend Right now, you might not Be able to see It in The First look, But if you Take a Closer Look, You can See NEAR was Not able to Break 12$ Resistance Multiple Times (3 Rejections!) if we Draw The Resistance Line and The Dynamic Support on The chart we can come To a Understanding That The Price is in a Broadening Wedge Pattern! This Means The Price can Range For a Lot of Time Before The Break out happens! So now The Price is near The Top of The Said Pattern. There is a (-HD) On MACD which Can be Considered as a Confirmation for The Expected Bearish Movement Up to the Bottom of The Broadening Wedge Pattern. The Expected Price for NEAR for now Is 5$.
Summery:
-NEAR Couldn't Break the 12$ Resistance Multiple Times!
-It is In a Broadening Wedge Pattern.
-(-HD) on MACD
-It can Reach 5$!
🔴This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
NEAR - Outlook ✅Let's see how NEAR is behaving.
This is a 1D chart.
The Fib retracement shows that the price is going to the higher levels, approaching retest the resistance and ATH areas.
The market is showing STRONG BUY volumes for NEAR.
Two support areas are holding the price up in case of sudden crashes. And two resistance levels are pushing down on value (one of which is the ATH level.)
NEAR has become overbought six times in the past few months.
The RSI shows that NEAR is above the 50 levels, the center. Given that we're looking at a 1D chart, we might conclude that near might retest ATH once more.
Now is it a good time to enter and buy this coin? I would have waited for a clean and confirmed breakout. But hey, it's just me.
But if you want to wait for the breakout, you should wait until we break the ATH level, and then after closing a 1D candle above that area and turning our resistance into solid support, that's when you can enter.
But this time is a good window if you think it is not a FOMO to get into it now and want short-term profits.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $11.114
Let me know your ideas.
Good luck.
Near 1211:) My First Chart. I think Near m15 can short :) My First Chart. I think Near m15 can short:) My First Chart. I think Near m15 can short:) My First Chart. I think Near m15 can short:) My First Chart. I think Near m15 can short:) My First Chart. I think Near m15 can short:) My First Chart. I think Near m15 can short:) My First Chart. I think Near m15 can short:) My First Chart. I think Near m15 can short:) My First Chart. I think Near m15 can short:) My First Chart. I think Near m15 can short:) My First Chart. I think Near m15 can short:) My First Chart. I think Near m15 can short:) My First Chart. I think Near m15 can short:) My First Chart. I think Near m15 can short:) My First Chart. I think Near m15 can short
NEAR/USDTNear has a big support above it's head, MACD seems to be crossing, RSI shows some weakness in shortterm. I expect the price to correct a little bit to the 8.9 area which may be first good entry and then I marked on the red another place for entry which is the best in my opinion because there is 0.618 fibo + MA and support which previously was our resistance.
I mainly will be looking to entry in area of confluence which is at 0.618 fibo.
It is not a financial advice, I'm just sharing my personal view.
NEARUSDT - 2 ways for entryBYBIT:NEARUSDT
4H trend chart
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NEAR go back to Vegas 12ema right now after hitting Vegas 144/169ema.
If price can keep being here until 4H closure, it'll meet the entry of Vegas tunnel trading.
Moreover, there is an upper downtrend line in the middle part of the chart.
If price can break out the trend line w/o wicks top, it's also an entry timing.
Trading strategy as below.
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Profit Targets:
a) 13.23----Fib(1)
b) 14.988~15.699----Fib(1.272~1.382)
c) 17.225----Fib(2)
Stop losses:
a) 9.94-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
NEARUSDT - Buying time of the FlagBYBIT:NEARUSDT
1H trend chart
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NEAR is building a flag, and there is an oblique inverse HS pattern in this flag.
If price can break through the upper downtrend line, trading strategy as below.
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Profit Targets:
a) 13.23----Fib(1)
c) 14.988~15.699----Fib(1.272~1.382)
d) 17.225----Fib(1.618)
Stop losses:
a) 9.836-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!