Is NEAR chasing a new ATH?Hello everyone!
The #NEAR cryptocurrency has already brought us good profits last year. I suggest you consider entering a trade at this point.
At the $6 level, we have a strong support zone that is clearly visible on the chart.
You can open a position from the current price levels, or you can also place another buy order around $6 just to be safe.
The main target is $12.48. You can also set sell orders at all the important Fibonacci levels:
$10.85
$9.43
$7.92
I believe that the asset may continue to move above these levels.
This is not financial advice, and all trading is done at your own risk!
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NEARUSD
NEAR/USD - Overshoot at the Light Blue Resistance ZoneIn my previous analysis, I explained that NEAR is in a key resistance zone with the highs around $7.20. NEAR had a strong overshoot with a long wick up to $9. There has been a lot of FOMO in the market driving prices way above their targets, and we are starting to see bears regain control at these high prices. I think NEAR needs a much steeper correction below $5, and I would monitor the price action in this resistance zone to see if the price can continue to hold above $5. If NEAR remains in the resistance zone it is likely to move sideways above $5 to avoid a drop.
Speculative C&H Pattern on the weekly NEAR chart. Too early to confirm this but thought it would be fun to post a speculative pattern on NEAR Protocol here. The bottom of this cup is not quite as rounded as I normally like them to be which is one more reason that this chart is mroe speculative as of now, but still I have seen cups with uglier bottoms play out so this one is definitely still feasible. Posting this now so I can watch the fun weeks-months from now by clicking play and see how well it plays out *not financial advice*
3 possible scenarios for NEAR price movement in the coming monthDo you think that yesterday's "shaking out" of positions was at the same time a necessary correction to continue growth?
Or can and should the NEARUSDT price still correct to before continuing to $2.5 grow to $10?
Or maybe it's "game over"? NEAR price growth cycle over and a deep correction to the $1.5 area ahead?
Vote in the comments which scenario you prefer, or write your own version.
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Near Protocol is now on my radar; 2 bullish breakouts in playBeen hearing lots of good things about NEAR so finally pulled t up on a chart and I can see in the short term it is currently breaking upwards from a descending channel which looks much more like a bull flag on higher timeframes, as well as an inverse head and shoulder pattern. I have illustrated both measured move targets here on the chart; The purple dotted line representing the bullflag target, and the green dotted line representing the inverse head & shoulders target. * not financial advice*
#NEAR/USDT#NEAR
The price is moving in a descending triangle on the 12-hour frame
We have a commitment to the boundaries of that triangle
Now the triangle is about to break upward, as well as the Moving Average 100 breakout
We have buying momentum on the MACD indicator
Entry price 2.93
First goal 3.32
The second goal is 3.65
Third goal 4.10
NEARUSD Ahead of another bullish breakout.NEAR Protocol may be overbought on the 1W timeframe (RSI = 80.848, MACD = 0.649, ADX = 57.589) but as it closed three weeks ago a 1W candle over the 1W MA100 for the first time ever, it is approaching the R1 level (6.13750). If broken, we expect the continuation of the rally and our target will be on the completion of a +1,305% rise (TP = 12.55000). The reason is that twice in its short history, NEAR has had this king of rally. Then upon a short-term correction, we expec the All Time High to get tested (TP = 20.000).
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NEAR Protocol Price TargetWith the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market.
Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies.
As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm.
This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days.
My Price Target for NEAR Protocol is the next resistance, $3.40.
near/usdtWe previously discussed NEAR/USDT and its potential gains. Since our last post on( December 14), NEAR has surged by over +50%. Now, we're presenting another opportunity to enter #NEAR with a potential of 4000% using 10x leverage.
Entry Range: $2,162 - $3,266
stoploss: $0.93
Take Profit 1: $5,764
Take Profit 2: $10,425
Take Profit 3: $16,231
NEAR | Converging VWAPS and Trendline | A Big Move Coming?BINANCE:NEARUSDT BINANCE:NEARUSD
Hit the rocket! ---------------------------------------------------------------------------------------------------------------------------------------------------->>>>>>>>
The oversold line (green) from the most recent high is converging with the overbought line (red) of the most recent relevant low.
This also coincides with the trend line which coincides with the psychological price of $3 so expect the bulls and bears to fight a bit around $3 with the bulls eventually winning.
Crypto is volitile and easily manipulated. Caveat emptor. Playing with colored lines on a chart is Not Financial Advice .
NEAR BUY SETUPIt has a structure that can pull back upwards.
The green area of the swap is a good place to take a buy/long position.
Fixing a 4-hour candle below the flip range will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
For this best zone (NEAR)📊Analysis by AhmadArz:
back to break of trendline & candle of bullish.
🔍Entry: 3.66
🛑Stop Loss: 4.48
🎯Take Profit: 3.80 -4.48
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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NEAR - 1D Buying OpportunitySelling pressure for Near coin has eased, and a majority of sellers are now closing their positions in this area.
Furthermore, the price hasn't managed to reach significantly lower lows, indicating weakness among sellers.
In my view, the price of Near is poised to increase in the near future, potentially rising at least as much as the last pullback.
NEARUSD This rally is far from over. +1300% rise on sight.Near Protocol (NEARUSD) is posting the strongest 1W candle since the previous Bull Cycle and has turned the 1W MA50 (blue trend-line) into Support. The 1W RSI is already overbought approaching the 80.00 level but there is still much room for this rally to grow long-term.
Historically, NEAR has seen two major multi-month rallies within the +1300% +1350% range. Measuring from the October Low, a new +1300% rise would push the price all the way to the top of the dominant Channel Down pattern. As a result, this is still a solid (even better confirmed) level to enter for the long-term and target 12.000.
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NEAR Protocol NEAR Coin Price PredictionNEAR Protocol NEAR Coin Price Prediction
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥
Potential bounce areas for Buying 2.614 and 2.182
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NEAR: DECEMBER 16, 2023Currently we are above the median line of the weekly OB, which is the dim red rectangle. The wick above the OB leads me to believe that further upthrust is on the cards. The market has been suffering from indecision for the past week, except for some assets. However, I believe we are going through a breather, which will lead to further upward pressure in the near future. This holds especially true for altcoins, such as Near, that are about to make an official exit from their accumulation range and make a move. The highs, I believe, will most probably taken out in case we flip 2.44. Any acceptance below 2.027 is a sign to get out of this trade for me. I am aiming for 3.443. Please share the idea if you find it useful.
NEAR: UP or DOWN ?
Near had a significant price correction recently and currently it is trying to establish it support level
We can expect this price uncertainty to continue for a while as shown in the above chart.
With the current bullish market sentiment we can expect NEAR price to bounce back.
Im expecting price to move up once it settles in the support zone.
We will keep you posted about our trade entries. Stay tuned
Like and share your thoughts in the comments.
Cheers!
GreenCrypto
NEAR ANALYSIS (4H)It seems that the NEAR currency is in a diametric, and now we are in the F wave of this diametric.
After completing wave F on the green box, we can move up for wave G.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You