NEARUSDT
NEAR price movement forecast: decline followed by growthThe price of NEAR is expected to initially decrease due to market correction or the influence of external factors. However, after the decline is complete, the asset's value will begin to rise, driven by improved fundamental indicators or positive news. Investors should closely monitor price dynamics and be prepared for both scenarios.
Please note that this is merely a model-based prediction and not financial advice. Market conditions can change rapidly, and actual outcomes may differ from the forecast. Always perform your own research before making any investment decisions.
NEARUSDTIn the chart, you can see that we have seen a downward movement that has created a downward trend line.
The price was previously rejected by the 0.618 Fibonacci line and was rejected again by the 0.5 Fibonacci line and went down.
I expect the price to rise to $2.075 and go back down, and of course we have good support at $1.75.
NEARUSDTHow do you do Crypto lovers,
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for NEARUSDT
There we have R3 and R2 on the top of the chart which are the resistance areas with the demonstration of disability of price to rise. R1 is a 4-hour resistance line. And at the bottom of this chart, S1 is our support area that shows the support of price at some points even since the past. We observe the price behavior in the past which was descending after having rejections at R2 and the price fell down to our support area. Then through a rising trend toward R3 again, the price could not rise at this triumphs and another decline happened down to S1 through three negative Marubozu Candles. Thus, the existence of morning star pattern is observable at the moment and we see the price fluctuation above S1 and below R1 line and our expectation would include two options. Either the price is supported well at the current point and start its rising trend over R1 and by having more fixation there even more rise to R2 and R3 is possible. Or we might not see some support for the price and by a falling trend toward S1, more decline happens then for it. W expect the price to move in a neutral behavior and not to have a decline by the time it is fluctuating over S1So wait for the proper moment to put your orders and act wisely via considering everything required. You should consider the market situation in the lower time frames and make sure what will happen exactly. We suggest you to obtain every piece of information and idea through our updates for enjoying more profitable trades. Keep in mind to consider market conditions in lower time frames in order to make sure of a good point to put your trade order, we suggest you to wait for the time which the price is in its return upward.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you the best
NEARing a breakoutLooking at NEAR/USDT 4H chart going back to late Feb 2023.
We see six(!) firm rejections at recapturing the 200MA highlighted in the circles. I would generally consider this bearish as the token doesn't have enough buyer support to flip the MA from resistance to support. But what I've noticed in years of crypto charts is those six rejections will dramatically help cement the 200MA as support when it finally does flip it.
Bollinger Bands are the black lines, and we see the upper band trending above the 200MA. While the retracement from the recent rejection happens, its continues to consolidate between the .5FIB & .236FIB. This is akin to coiling and building up strength for the push back up.
$1.85 has historical value for the coin and is also reflected as the .236FIB in this chart. I'm expecting a quick trend down towards there, then we'll get our seventh attempt at cracking the 200MA thereafter. I believe that NEAR will recapture the 200, whether its the seventh or eleventh attempt I can't say. But I know that when it does finally flip the 200, we'll be moving back up towards $2.70 quite quickly.
Short term play would be to enter at bounce near $1.85, then exit around $2.70 (strongest resistance after flipping 200). Long term play would be to DCA now then use NEAR within their DeFi ecosystem during the bull market. ATH is $20 and that was during its first market cycle. Most major cryptos print higher than their previous ATH in subsequent runs, unless the coin is plagued by inflation.
Either way I'm confident it's just a matter of time before NEAR breaks out from under 200MA and moves up. NFA
NEARUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
We got some complication but everything is relevant.HOLD
Entry: market and lower
Targets: 3 - 3.5 - 4 and maybe even ~5(not sure)
after first target reached move ur stop to breakeven
Stop: ~1.3 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 5
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
NEAR - I will invest at $0.5Hello, guys!
It's time to consider the altcoins which I plan to invest in. The first one is NEAR. I know it's fundamentally strong crypto asset which will show the huge growth in the next bull cycle with the high probability.
I marked the large bear market waves 3 and 4 and potential wave 5 to make it clear which market straucture I am going to trade. I consider now NEAR is printing last wave 5 which shoul contain with 5 waves also. It looks like nowa asset is in the wave 3 - the most impulsive one. Thus, in my opinion any purchases now are too dangerous. The target area where I expect the bottom is 1.61 Fibonacci extension. This is approximately $0.5 per coin.
Best regards, Ivan
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NEAR looks bullish (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ICP symbol.
For risk management, please don't forget stop loss and capital management
It is one of the symbols with great potential that can make good climbs
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Triangle Breakouts, Pump? Wait !!!This was the most trending coin in 2021. This coin will not come in trend again for next 2 years. But before we forget this coin, It will take final small pump. Waiting for Triangle breakout, Currently it's no trade zone. Below the Red line is risk. Above the green trend line is good to buy. Wait.... And follow me for timely updates.