NEARUSDT
$NEAR and Historic FibsAs with many Alts currently, NEAR is reaching lows that do not tend to last long. Below the 0.786 retracement in previous bear markets (or near their end) has lasted roughly 27 days, who knows exactly how long it will dip below this area for this time BUT I am leaning on it being brief and unsuspecting.
Below this area has proven, time and time again, to be generation bottoms. Is it worth the risk in your opinion?
Please like and share your thoughts!
V
Up to 60% long on NEARConsidering the payoff from $5, I have so far returned to the scenario with the completeness of the wave flat, but this scenario does not fit with #bitcoin and the entire market, so it will most likely have to be changed later.
In the meantime, an impulse has gone up locally, so from the correction, you can try to enter with a stop behind the low and then see what the movement will grow into. Even if the growth is within the ABC, then R:R will be more than 1:3
NEAR/USDT BUYING SETUP (SWING)Buying #NEAR/USDT (SWING)
$NEAR Breakout descending channel and rejection after hit strong resistance and potential down retest first before try to back breakout resistance . close if can't breakout supply zone
Buy zone : 5.4 - 5.1
Target : 6.126 - 6.481 - 6.931 - 7.574 - 8.731 - 9.957
Stop : 4.9
Thoughts on $NEAR Exactly as told in last analysis about the Major supports of August and September 2021 were tested by the market.
And $NEAR broke $5.437 level and tested the lower support at $4.664. And then took a bounce back to upper support and had recently and has recently tested the resistance at $6.565 level and heading back to test its support.
Lets see how it can behave in this week...
So lets see BTC, after 9 weeks of red candles it has finally shown the demand with international market also looking positive. This is a big relief for alts.
Now coming to $NEAR, we all know how $NEAR behaves in a sideways and positive market. It goes bonkers.
According to me nothing is much clear as of now, but i am expecting $NEAR to hold its support at $5.437 and test the resistance at $6.565 and might break it and then consolidate here for sometime.
If we see Volume in the chart, we can see its coming to $NEAR.
Advice: Use a STOPLOSS based on your risk reward ratio.
NEAR/USDT BREAKDOWNHere is the Quick Update of #NEAR ;
Near breaks the ascending Channel to the Downside and now trading below the ascending Channel. Major Support zone Is $4.78- $4.05 . Little Bounce is expected From This Zone . Breaking Below This Zone can Lead NEAR towards the next support zone of $3.42-$3.04 or $1.88-$1.68 .
Near needs to Return back in the ascending Channel to be bullish Again . Now If You want To invest in Near For Long-Term then You Should Buy with a Small amount at $4.75-$4.1 . And Invest More if It will come to 1.88$ area ...
Like this Post For next Coin's Analysis 📉📈
#DYOR
NEAR/USDT - Potential Short ScenarioHello Traders!
NEAR price began its development in the downward direction.
Technical confirmations for the continuation of the movement are the exit of the price under the MA100 on the two-day timeframe, as well as the exit of the indicator in the bearish zone.
The return of the Bitcoin price to $30,000 was a rally for the market. Consequently, after the exit of the asset price in the zone of $6.38 - $7.38, we can expect a continuation of the movement in a downtrend.
For a set of medium-term purchases, it is optimal to wait for the exit of the price in the area of $1.60 - $2.08.
It is better to buy in parts, beginning from the support level of $2.08 and ending at the price level of $1.60.
The targets for such purchases will be the price levels of $3.62 and $4.75
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
NEAR IDEAPreviously we have done and dusted with 100% accuracy and exited the market at the very right time.
I am just trying to save the people from making the mistakes, that we did in 2018. You still don’t know what cheap altcoin is.
None of my tweets will be a financial advice
I will not DM you for premium join or money
Best of luck
NEAR - Updating historical lowsReasons to take short
⭐️ BTC is bearish
⭐️ Trend bearish
⭐️ Level is 14d old
⭐️ Level is visible on multiple timeframes
⭐️ Instrument doesn't show any power
⭐️ 3rd touch
⭐️ Under VWAP
We need more accumulation near the level before considering short. Instrument has to consolidate
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
NEAR Protocol (NEAR) - May 23hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(NEARUST 1W chart)
Support: 5.379-6.613
Below 5.379, there is a possibility of entering the mid- to long-term investment area.
(1D chart)
The 5.379-6.613 zone is a support zone, so it is important to find support in this zone and to be able to move higher than 6.613.
Therefore, you should check how it is supported in 6.613.
There is a possibility that a whip saw may occur in the 7.293-8.036 section, so careful trading is required.
In the short-term and medium-term perspective, it should rise to the 7.293-8.036 section to turn into an uptrend.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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