NEARUSDT
We're NEAR the edgeNEAR has been trading in this ascending channel since the beginning of August, pretty much like every other altcoin. However, NEAR sometimes detaches from BTC's usual movements so it is one that can make us profit and hold its support when others don't.
From a TA perspective this ascending channel has held many times before and held once more today. As long as BTC keeps some stability and continues to stay within its short-term ascending channel without large moves downwards, NEAR can move toward the top of this channel for a ~15-17% profit.
Of course, it is very important to remember in every altcoin analysis, that BTC is still in an overall downward channel on the weekly timeframe. A move downward can cause major volatility in the alts.
As usual, this is not financial advice and all ideas are for education purposes only. Always happy to hear more and learn about different perspectives so please feel free to leave any comments and thoughts below!
NEAR/USDT on Demand Base AreaHi, Trader. I found something interest in NEAR/USDT
NEAR/USDT on timeframe 4H shows bullish orderflow. try to long on fresh demand 4h
Setup Entry - Stoploss - Take Profits on chart
What do u think about my setup? Give comment/positive feedback below
(✿˵•́ _ •̀˵) ✧ Have a nice day!
NEAR NEAR / USDT
86% Crash from the 2021 Bullrun top
Finally Bulls start to show some actions here at the uptrend line in which price was pumped hard every time when touched it
As long as we stay above this support , the priority is for bulls and this might be the bottom for this coin
Invalidation : loss uptrend-line
Best of wishes
NEARUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for NEARUSDT
Here we have R2 as a resistance area. R1 used to be a support area and S1 used to be a resistance area and S2 is our support line which expresses the support of the price at different points. At the moment, we have the fluctuation of price below R1 and you see that the price is fluctuating over S1 and we predict a little rise for it to R1. At this point, we will consider our short position and we expect a decline for the price toward S1 or more. It is not so probable at the present for the price to rise over R1. Remember to make sure by receiving confirmation candles and then set your positions and act.
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 luck
NEAR Protocol (NEAR) - August 10Hello?
Welcome, traders.
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Please also click "Like".
Have a good day.
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(NEARUSDT 1M Chart)
The key is whether you can climb to the 6.557-7.309 section.
To do that, we need to make sure we can keep the price above 5.051.
(1W chart)
Resistance: 6.557-7.309
Support: 2.792-3.545
If the price is maintained above 5.051, it is expected to rise to the 6.557-7.309 range.
- As the Stoch RSI indicator and short-term CCI entered the overbought zone, it is necessary to check whether support is found near 5.051.
(1D chart)
The key is whether it can be supported and rise in the 5.051-5.350 section.
If it moves lower from 5.051, we should see support near the 4.184 area.
- As the RSI indicator is entering the overbought zone, it is necessary to check at which point support and resistance are found when the RSI is out of the overbought zone.
The interval 6.557-7.309 is the interval that determines the trend.
Therefore, if it is not supported in this section and falls, a Stop Loss is required to secure cash.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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NEAR: market anakysis for August 9NEAR is in the bullish trend on the Daily timeframe. Another high of $4.70 was updated on August 5. Now the correction may start in the market.
A pullback buying opportunity will appear after the correction formation on the Daily timeframe. The correction which has just started may form another resistance where the high of August 8 will become its upper border.
The main target for the bullish movement is the resistance level formed on May 30 – June 1 . Its borders are $5.96 – $6.22.
Long positions will remain relevant until the market is above the nearest support level on the Daily timeframe, the lows of July 30 – August 3. The borders of this support are $3.95 – $4.18.
When breaking through the support, the movement potential is limited since the next support is slightly below these levels.
NEARUSDT 1D Near Protocol price growth is acceleratingThe Nearusdt price movement structure is different from most altcoins.
Most altcoins started their downtrend back in late 2021 - early 2022.
The Nearusd price was still actively growing in April 2022, and then large buyers seemed to abruptly leave NEAR and the price irretrievably fell from $18 to $3. It hurts for those who trade without stops.
A new set of longs took place in the range of 3-4 dollars.
Now the Nearusdt price is starting to gain the amplitude of parabolic growth.
However, at the moment, we hardly believe that the Near price will be able to break through and establish itself above the liquidity zone of $6.90-7.60 from the first time. Therefore, this is the first strong target where longs taken below can begin to close.
If we see activity from you under this idea in the form of likes and comments, then after reaching the goal, we will update our thoughts regarding the possible further price movement of the Near Protocol.
Therefore, if you are interested in NEAR, everything is in your hands :)
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Near will continue to move up as we approach the conference.Traditionally build up to conferences are good for tokens, even in a bear market.
NEAR has a good conference coming up, with a lot of strong partners and some expected announcement, the build up to the conference should see some positive price action that should move us to $6
There is currently some resistance at $5.100 but we should break through it in the coming days as people take profit from earlier trades.
While this happens we could go sideway between $5.00 and $5.25
TP1: $6.00 (50%)
TP2: $7.00 (50%)
SL: initially $4.5 but moving up