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NEARUSDT

NEAR/USDT TRADE SETUP Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it is financial advice. Welcome to this NEAR/USDT TRADE setup. NEAR is making this ascending triangle pattern, currently, it is lying on the lower support level of the triangle. Entry range:- CMP Target- 50% SL:- If any 4 hours candle closes below the lower level of this ascending triangle. This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
NEAR - trading near the fibsNEAR has one of the cleanest trading setups currently using fib retracement. It is considered quite resilient during the entire macro panic dump - didn't test the 0.5 at all, on the 4hr candle it was a wick which closed above the 0.618 levels, which was a good bounce level for another 2 times during the retracement and held to $10 quite closely. I am using the futures chart from the app of bybit.com as my other charts are clogged with many old drawings. Trading plan - 3 scenarios Very bullish - 30% Currently it has just broken through the old ATH, hit an old resistance level and rejected into a supply zone (thanks to BTC’s volatility). Currently trading at 12.6 levels. While waiting for the NFP news on friday to kick in, You can buy some here now if you believe the old resistance will turn into support, wait for a upwards trend towards the old resistance at 13.85 and 15.96. The overhead targets are ATH (~$20) and then the 2.618 fib (23.6) then 3.615 (30.35). Ideally, you would be adding on 5-10% pullbacks from fib or resistance rejections during the uptrend once the pattern plays out e.g. if rejected off 1.618 fib off (~$17), you can set bids at ~$16 levels but beware of being front-runned as whole numbers are key psychological level other traders would bid on. TLDR add on 5-10% pullbacks Conservative bullish - 50% Best move to increase your risk:reward and expect a crab market for another 2 weeks as things might be too heated with BTC's 5k candles printing daily - you want to be buying when there isn't hype and where Fear and Greed Index prints lower numbers (thanks BTC). Buying near the 0.786 fib = DCA buying at ~$11.4. Expecting sideways bounce between the fib levels 0.786 and 1 or the supply zone, with a hopeful wick towards 0.618/$10.2 (set a bid there) to shakeout and trigger stop losses before heading higher. Targets overhead are within the month of Feb and possibly March: 13.8, 15.9, 17 (1.618 fib) and then ATH of $20.2. TLDR load up on retracements towards the 0.5-0.786 fibs Bearish - 20% Somehow you are convinced BTC has not bottomed and will head towards 24k (20k is for bitboy believers kekk). This would mean current levels are a fake out and would reverse down. At this point you might believe BTC 38.5k to be the higher low to be formed. I took the liberty of drawing a line down from near ATH to current weekly high of 13.8 to see the immediate resistance trendline we need to overcome. A dump would probably set us back to lower fib levels at prices of $11.4 and $10.2, which is near a nice round number $10 where more bids would be filled. Would expect the resistance trendline to hold and then send it lower to 0.382 levels (8.7) and finally 6.36 (old support level). Strategy would be simply short on touches with trendline or higher fib levels (sell high, buy low) As you can see the trading plan is very fib and TA driven + we have such a clean chart despite all the noise recently. You can learn more via learn.bybit.com to know what the levels mean as each number has certain significance in both bearish and bullish cases.
by Zyale
NEAR potential Reverse Head and ShouldersNear approaching its daily resistance line at 11.776 USDT, with a potential reverse head and shoulders pattern. The pattern needs to be validated with a clear break above the resistance line, and an increase in volume. Target for NEAR would then be previous resistance levels, 1st at 13.5 and 2nd at 16.2 Bitcoin, of course, needs to show some strength to give a chance to other coins like this one to make a move. Currently trading at middle range 40500 USDT, Bitcoin could either bounce up to 45k or go back to the lower range support around 36k.
by cyatophilum
NEAR PROTOCOL (Request)- i never analyzed this project but i knew about it. ( i didn't get selected for the presale on Coinlist, no luck..) What Is NEAR Protocol (NEAR)? 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 is a mega bullish coin and a strong project, that said, i never buy a fomo and my strategy is always to catch a dip to maximize my profits. - Near Protocol touched 20$ (Round Number in people's brain) - i could be wrong on this analysis as this project is very bullish. --------------------------- Trading Plan --------------------------- Buy Zone : 11$ Rebuy Zone : 9$ TP : 28$ ish --------------------------- No need SL --------------------------- Happy Tr4Ding !
Long
by thecryer
15