NEARUSDT
AND it's still going UP!?!Hello everyone
In the past couple of days (10-12) NEARUSDT been accumulating between 17.50$ and 15.50 in daily and we had a spike in price eve of Apr 07.
Anyway in higher time frames, It IS still going up, and investors may still hold on to what they have, but in lower time frames ( day trading and scalping) , I have been buying on 15.55$ and selling (and shorting) on 17.50$, and it worked for me.
Considering that the price keeps making higher lows, investing in this asset might be a good option (this is my opinion and not a financial suggestion).
For now, we have a hanging man pattern on Apr 14 and had a pretty good bear channel in 4 hours time frame, and a head and shoulder pattern.
Head and Shoulders pattern on NEARUSDTBased on technical factors (Head and shoulders) there is a short position in :
📊 NEARUSDT
🔴 Short Now 15.900
🧯 Stop loss 18.000
🏹 Target 1 14.000
🏹 Target 2 12.000
🏹 Target 3 10.100
💸Capital : 1%
We hope it is profitable for you ❤️
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NEAR\USDTReach the resistance zone , which results in a cp at 2h.
Breaking the trend line and and reversal trend to bearish trend.
Create a pattern of 3 drives that represent the demand out of the market.
Create a new LH.
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From another perspective, create a head and shoulder pattern
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Analyzed by Sadegh Azizi from @cafe_trade
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NEAR: TWO targets! Is PUMP still possible?Near Protocol(NEAR) continues to squeeze under the trend line and may soon break it! Unlike 99% of Altcoins NEAR looks strong and price just 25% from its ATH. For example, Ethereum is 60% and Ripple is 130% from their ATH.
After a small consolidation, the price is squeezing to the trend line. A local pullback is possible to the key level of $15.50. Why? A large player needs liquidity to open his trades. He knows where the traders' stop losses are, so better to open trades after the manipulations.
Targets:
1. $17.80 - large value zone and resistance
2. $20 - ATH, where most traders will close their positions
Most cryptocurrencies repeat Bitcoin's price movement. If Bitcoin starts to show signs of strength, this is an additional signal to open a long.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
NEAR/USDT ChartHi, I try to post often so if you could follow and like it would mean a lot to me.
Considering that NEAR will close below the 16$ support level (it probably will but we never know) the coin is going down to the 13.50$-14$ range. We just had a double top with a bearish divergence in the 1D chart and with the current BTC price movement an altcoin bleed is the most probable scenario. The 4H chart of the coin isn't looking that good either. Comment what you think.
I am posting more ideas this week but there is no stream friday. Sorry for the inconvenience.
NEAR Price Indicates a Possible Pullback?Bullish Scenario: NEAR broke the bearish downtrend line on the lower time frame like 4hour(4H) and is trading above the support zone of $14. If it stays above this zone and the resistance level at $17.95 is broken then we could start seeing a move towards $20.60, $23.80 and above.
Bearish Scenario: NEAR has been in an uptrend channel since the last few weeks but we can’t ignore the bearish scenarios altogether. So failure to hold the support at $11.50 and breaking below $9.60 could lead to a drop towards $7.60 and below.
NEAR / USDT If you check my previous analysis I post about NEAR when it was about 10 dollars
Now in 2H time frame this is the pattern that we are in if we can break it I showed you or targets
I do trading based on patterns and breakouts
USE STOP LOSS
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DO NOT FORGET TO USE STOP LOSS
THIS IS NOT FINANCIAL ADVICE
NEARUSDT ANALYSISHey Colleagues,
Today we came across NEARUSDT . We see a great opportunity for this coin to show some bullish candles in the coming period around 14.8 Levels.
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Tournesol Team.
NEAR PROTOCOL what is next ? 💡Based on the chart, the price is close to trend line ✔️
and
before more gain, we can see a pullback to trend line ✔️
if
the price loses the trend line, we can see correction to the downside ❌🧨
and if
the price stays above the trend line, we will see more gain 🚀
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋