NEARUSDT
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.
Near is Near to FlyAfter A Long Time In My Calculation Near Break a Downtrend and Can Bounce Back From Here. Remember this Chart is Valid Only If BTC stay Stabile..
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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.
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Trading Plan
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Buy Zone : 11$
Rebuy Zone : 9$
TP : 28$ ish
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No need SL
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Happy Tr4Ding !
NEARUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price is at the support zone. We expect it to move up to the R1 line which has rejected the price several times. You can save profit at the R1 line. If R1 is broken, you can set a Buy order after the pullback. If S1 is lost, it will fall lower.
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 (NEARUSDT) TA: 22.2.22NEAR is on the support level of 8.20$, which if supported, can rise to the range of 10$ and below the downtrend, and if this support is lost, it can reach the range of 6.5$.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 22.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better
Super Clean Long Set UpNear is looking like a great long set up with R:R super sick. RSI and OBB break out along with PA breakout of diagonal. Bitcoin needs to push back to range highs or consolidate at support for the week for this to play out.
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!