NEAR Protocol forecasts bullish ride? 👀 🚀NEAR Today Analysis
💎 NearUSDT has executed a remarkable breakout from the descending channel, indicating that it's primed for a bullish surge.
💎In addition to the breakout, we're also on the brink of witnessing a crossover of the EMA 50. If the price sustains above this EMA, we're in for a profitable trade.
💎The presence of substantial volume amplifies the potential for a bullish move, and trading in a high-demand area is a factor that cannot be overlooked. All these elements collectively point towards a promising upward move.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey.
NEARUSDT
NEARUSDT may be ready to drop to next weekly support 0.95-1.05The price broke down from weekly support on the last drop a week ago and closed below it. This week it has moved up and almost touching the broken support zone. However, it does not seem like it is going to move up and claim this support. A few hours are left and if that happens in these few hours than it will be bullish and the price will be ready to move up towards the weekly resistance WR1. But from current price action it seems likely that the price may be getting ready for a drop towards weekly support WS2 which is sitting around 0.95-1.05.
NEARUSDT.1WHello dear friends,
*Mars Signals Team wishes you high profits*
This is a weekly timeframe analysis for NEARUSDT.1W
We are in a weekly period. As you can see, the price has reached our weekly support zone and is swinging above our first support zone.
As you can see, the previous day's candle was a bearish Marabouzo candle, which shows selling pressure. We should wait until the weekly candle closes so that we can analyze the market for the long term. But currently, if the price can stabilize above our support line as before, we are considering a climb up to the first resistance zone. But if it falls completely below our support line, we expect more losses for this coin.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
NEAR testing ALPHA indicatorHi friends, I'm testing a slightly modified script on my indicator, we'll see what it brings or if it will require more data to trade, I'll leave SL to you or the pyramid, it's definitely got somewhere to go, it's about how the market will be. So far everything looks according to my summer scenario. However, I enjoy trying Long positions in this difficult period.
NEAR is still fallingHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the NEAR symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
NEAR is retesting support, forming IHSNEAR is back at Entry levels.
After loading up 1.7$ 1.5$ and my biggest bag at 1.25$ levels took some profits on the last pump to 2.7$. Sold a little early tbh due to the Bearmarket Blues still influencing my emotions.
Now reloading my bags for the longterm at these levels again.
As i said in the previous post i like the fundamentals on NEAR. You can check the link post to read on the reasons for that.
It is true, it took a beating but that is mainly due to Alameda being one of their biggest backers in the last bull, and we all know how that went.
As for entry, a nice Inverted H&S is forming and i aimed to buy the Right shoulder to maximize my entry. IHS is on the 4H timeframe so not a very strong indication as of now eventhough i really like the 4H TF.
The same pattern is visible on the daily but its not as obvious.
Regardless of the IHS this area is where NEAR landed first after the initial Bearmarket crash, so it is a strong demand level and it looks like it is retesting it now.
Load em up, the Bull is NEAR!!!
NEAR ProtocolHello dear friend
near with btc pair now in the strong Support ... you can buy and hold it
NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability. This provides the ideal environment for DApps and creates a developer and user-friendly platform. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum. NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug.”
NEAR Protocol is being built by the NEAR Collective, its community that is updating the initial code and releasing updates to the ecosystem. Its declared goal is to build a platform that is “secure enough to manage high value assets like money or identity and performant enough to make them useful for everyday people.”
Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and Mintbase, an NFT minting platform are examples of projects being built on NEAR Protocol.
Good to betI firmly believe Nearusdt has good long potential in the given area after price confirmation with absolute great R/R
Keep in mind :
First, let the price hit in the box
Then look for confirmation on 15m time frame ( mostly choch confirmation )
Then enter long position.
Do not run into the trade without confirmation
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