NEARUSDT
NEAR/USDT - Potential 141% SetupHello Traders!
A corrective movement is developing in NEAR. The price went under the MA100 on the daily timeframe and the RSI indicator is in the bearish zone.
There is buying weakness in the market at the moment, so the probability of a continuation of the correction in many instruments is increasing. This can be used to get more comfortable entry points into assets.
It is acceptable to look for the first purchases in a range of $6.38 - $7.38, and in case of correction, proceed with buying between $4.48 - $5.50.
We should close the deal by a stop-loss in case the price goes under $3.62 to avoid a panic sale in the market.
The targets are in the range of $11.59 - $13.29
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
NEAR - $26.37NEAR is trading above the support zone at $10.15. If its stays above this zone, we could start seeing a move towards $12.54, $14.00, $15.18, $16.36, $18.04, $20.19 and $26.37. Failure to hold the support at $10.15 could lead to a drop towards $8.79 and $6.59 which could be excellent places to long NEAR.
NEAR Near Protocol: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Near Protocol (NEARUSD).
The chart is self-explanatory. The price recently formed a double bottom but still in a descending triangle. If price breaks out of the triangle, there may be a chance for a upside to the resistance area noted in the chart. RSI is getting supported by a support line. If price breaks down, please keep an eye on the Ichimoku Cloud as support as well as the dash line as a support area.
Included in the chart: Trend line, Support and Resistance Lines, RSI, Descending Triangle, Bearish Divergence, Ichimoku Cloud, Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
I have a bunch of additional recent charts below on cryptocurrencies to review. Check them out!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
$Near is nearing us$NEAR :
Have been looking $Near since a couple of weeks.
IMO, this could be put up as :
1. Break the Yellow zone (Week's Close)., and might do a reversal scenario trying to oscillate between
Yellow zone & 1.618 Lvl.
{Long Positions are welcomed here}.
Timeframe required for this completely depends on BTC's behavior till Monthly's close.
2. It might dip Further (Bearish)., if it breaks 1.0lvl confirming oversold positions to further
move down to touch the Grey spot (0.5Lvl).
{Long/Short depends on the movement over the weekend}.
As of now, Wait suggests.
Happy trading
Near is near for a big shortNear/usdt Chart is showing obvious going down right now and we still have a good level to short as you can see (yellow level) if bitcoin goes up, and if btc goes down rapidly then it wouldn't get hit, ultimately I think we go to the blue trend for sure and most probably it will fall under it so badly
NEARUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. You see the R1 line which was the support line. After it was broken, the price made a pullback to it and we expect it to fall. But if the R1 line is broken, then the scenario would have failed. But given yesterday’s candle, we expect it to fall. You can Short it here and keep the Stop Loss.
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
Simple but smartHi guys
There is valid support for one-day timeframes. I think you can think about buying until this support is broken. But if this support is broken, it is suitable for getting shorts
Meanwhile, this analysis is only for a fluctuation and it is a bit unlikely at the moment until the price resistance increases
Do not pay attention to shadows
Please like and follow for support