Get started

NEARUSDT

NEAR - A simple tradeBINANCE:NEARUSDT (1D CHART) Technical Analysis Update NEAR is currently trading at $5.3 and price is bouncing back from the support line, price is expected to continue in the same trajectory, however lets keep the stoploss below the support zone. Entry level: $ 4.8 - 5.3 Stop Loss Level: $ 4.1 TakeProfit 1: $ 5.965 TakeProfit 2: $ 6.995 TakeProfit 3: $ 8.425 Max Leverage: 3x Position Size: 1% of capital Remember to set your stop loss. Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
NEARUSDT Will It Rebound or Dive? Critical Levels to Watch!Yello, Paradisers! Are you ready to see if #NEARUSDT can bounce back or if it will continue to plunge? Let's dive into the latest analysis and what you need to watch out for. 💎#NEAR has shown a rebound from the support zone, suggesting a potential reversal back to an upward movement if it successfully breaks out above the resistance area at 5.860. If this scenario plays out, we could see a significant rise towards our target at the strong resistance area. 💎However, if NEAR fails to break through the resistance, we might see a rejection and a return to the support zone between 4.6 and 4.3. Should NEAR break this support zone, it could signal a further decline towards the next target area at the Bullish Order Block (OB) around 3.6. 💎A reversal is probable when hitting the OB due to large orders there, but confirmation is needed. If NEAR successfully reclaims the support zone above 4.6, there's still a chance to follow our plan. 💎However, if NEAR also breaks the OB area, this is a bearish sign, invalidating the bullish scenario. The highest probability then would be a deeper dip. Treat the market as a businessman, not as a gambler. Stay focused, patient, and disciplined, Paradisers. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
Navigating NEAR: Strategic Moves in a Bearish Market🔍 Let's dive into the NEAR project. NEAR Protocol is designed to be a high-performance, scalable, and user-friendly blockchain platform. It aims to empower developers and users by offering a decentralized, developer-friendly environment. This platform is well-regarded for its ease of use and scalability, making it a strong contender in the blockchain space. 📉 As observed on the chart, NEAR has experienced a sharp decline and recently broke through the significant support level at 5.163. This decline was marked by a substantial increase in volume, suggesting a strong bearish momentum. ⚠️ The RSI is currently at 30.44, indicating that NEAR is in the oversold territory. This suggests that while a short-term bounce is possible, the overall bearish trend remains dominant. The red candle with high volume might indicate a sell-off. 🔻 For a short position, the next critical level to watch is 4.5. If the price breaks below this support level with increasing sell volume, it would confirm the continuation of the bearish trend. A short position could be initiated at this point, with a stop-loss order placed above the recent high around 5.163 to manage risk. 📉 The target for the short position would be the next major support level around 2.733. Monitoring volume is crucial; if sell volume continues to rise, it reinforces the bearish outlook. 📈 A long position should be considered only after the market shows signs of forming a new structure. Given the current bearish trend, it's prudent to wait for a clear reversal signal. A potential long entry could be considered if NEAR breaks above the key resistance level at 8.507 on the daily timeframe, confirmed by increasing buy volume. 🛠️ Patience is key here. Wait for the price to build a solid market structure and break above the mentioned resistance before considering a long position. Setting a stop-loss order below the recent low would be a prudent risk management strategy. 📝 In conclusion, NEAR is currently exhibiting strong bearish signals. For short positions, wait for a break below 4.5 with high sell volume. For long positions, patience is essential until a clear reversal and market structure form, with a potential entry on a break above 8.507. Always monitor RSI and volume indicators closely to confirm momentum shifts and manage risk appropriately in volatile market conditions. 🧠💼 Always remember the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Stick to strict capital management principles and use stop-loss orders, ensuring an initial target with a risk-to-reward ratio of 2. 🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
by itsparham96
1
NEARUSDT.1DIn this technical analysis of the NEAR/USDT chart, we take a detailed look at the price movements and key indicators to forecast potential future trends. Key Observations: Current Price and Movement: NEAR is currently priced at $4.638, having suffered a significant daily loss of 10.24%. Support and Resistance Levels: R1 (Resistance Level 1): $5.849 - This level marks the immediate upward target if the price recovers. R2 (Resistance Level 2): Higher resistance levels are not shown but would be the next focal point if R1 is breached. S1 (Support Level 1): $4.253 - This is a critical support level that may prevent further price decline. S2 (Support Level 2): Lower than S1, this level could serve as a further buffer against additional losses. Technical Indicators: MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, indicating bearish momentum. RSI (Relative Strength Index): The RSI is at 24.47, significantly undershooting the neutral 50 mark, suggesting strong bearish momentum and potential oversold conditions. Analysis and Conclusion: The NEAR/USDT trading pair is currently in a bearish phase, as evidenced by the recent sharp decline in price and the bearish indicators from both MACD and RSI. The RSI's position suggests that the asset may be approaching oversold territory, which could potentially lead to a short-term rebound if buyers perceive it as an entry point. The key level to watch in the short term is S1 at $4.253. If this level holds, it could stabilize the price, allowing for potential recovery toward R1 at $5.849. However, a break below S1 could intensify selling pressure, pushing the price towards S2, which would need to be closely monitored for further declines. In summary, NEAR/USDT is at a critical juncture, with current indicators pointing towards continued bearishness but with potential for a reversal if support levels hold strong. Traders should keep an eye on the aforementioned support and resistance levels, and consider the oversold conditions as a possible catalyst for a bounce back. As always, it's crucial to consider external market factors and updates within the NEAR ecosystem which could influence price movements. Proper risk management and real-time monitoring remain essential for navigating this volatile market.
Long
by MarsSignals
1
NEAR Protocol's Critical Moment and Ready for Bullish RallyYello! Have you been watching #NEARProtocol’s recent price action? This could be a pivotal moment and you don’t want to miss this! 💎#NEARUSDT has been moving within a descending resistance for quite some time. But recently, it broke through, making a notable upward move. Now, all eyes are on a critical retest of the $5.88 level. 💎#NEAR is currently retesting this key level. If it holds strong above the EMA, there's a high probability we'll see a bullish surge. 💎Should AMEX:NEAR maintain its position above $5.88, this level could transform into robust support, setting the stage for further upward momentum. 💎But what if it doesn't hold? If #NEAR fails to sustain above $5.88 and loses momentum, we’re eyeing a bullish rebound from the lower demand zone at $5.19. This level is packed with significant liquidity, making it a prime candidate for a strong bounce on a retest. 💎Holding above $5.19 and maintaining above the EMA is crucial. This scenario can trigger a powerful bullish move. If NEAR drops below $5.19, the bullish outlook is invalidated, likely leading to a significant price drop. Stay sharp, Paradisers. In these volatile times, disciplined trading and robust strategies are more important than ever. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
NEARUSDT - UniverseMetta - Analysis#NEARUSDT - UniverseMetta - Analysis On W1, the price is in a potential 5th wave, which may indicate a continuation of the upward movement. This scenario will be realized after breaking through the triangle trend line, which will potentially give the price the opportunity to start moving towards the targets of $11-12. You can also observe that the price is near the lower border on D1, from which you can start looking for an entry point with local goals to the upper border of $8-9. The best way is to wait for the 3-wave structure to confirm the start of the upward movement. In anticipation of news about the rate, the price can also be lowered to prices below $5 and liquidity can be collected at $4.30 and a structure can begin to form from these values. It is better to expect structure on H4 from these levels. Also, from these levels you can try to gain positions in Long. Target 8 - 12
Long
by Trade-U-Metta
NEARUSDT.4HThe NEAR/USDT 4-hour chart shows a volatile market environment, with the price recently experiencing a significant drop and now attempting to stabilize. The current price action is hovering near the S1 support level at $5.73, which appears to be a crucial point for the market's short-term direction. Looking at the MACD, there is a slight convergence with the signal line, which could indicate a potential reversal or stabilization in bearish momentum. However, the histogram remains negative, suggesting that the bearish sentiment is still present, albeit potentially weakening. The Relative Strength Index (RSI) is near 30, which is typically considered an oversold territory. This could hint at a potential rebound if buyers start to see value at these levels, leading to increased buying pressure. Given this technical setup, if the price maintains above the S1 support level, there could be an opportunity for a bounce back towards the R1 resistance level at $7.81. This movement would be critical to watch as a sustained break above R1 could signal a stronger recovery towards R2 at $8.53. Conversely, a break below S1 might lead to further declines, intensifying the bearish outlook. Traders should closely monitor the $5.73 level for signs of either consolidation or a breakdown, which would set the tone for the next significant price move.
by MarsSignals
NEAR BULLISH 80%Near Protocol seems to have found solid support within a favorable range. With this accumulation phase, the stage appears set for a significant bullish movement. Anticipating a substantial surge, I foresee the potential for a considerable uptick ranging between 80% to 115%, translating to an impressive valuation between $13.10 to $15.70 USD. However, as always, it's crucial to conduct your own research (DYOR) and make informed decisions. Keep a keen eye on the market dynamics and Near's performance for timely actions.
Long
by Enes_Ibraimi
3
NEAR can ascend further !Hi. BINANCE:NEARUSDT 😊Today, I want to analyze NEAR for you in a WEEKLY time frame so that we can have a Mid-term view of NEAR regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). NEAR is testing the s/r zone on weekly timeframe🤔 ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
#NEAR/USDT Can this Altcoin hit $100?🚀 NEAR/USDT Trade Update🚀 NEAR is trading at an attractive price point. It already broke out on 14th May and has been retesting for the last 2 weeks. It is one of the few coins I will be holding with low leverage for the next few months. - Entry: $7.462 add up to $6.15 if it gets there. - Target: $30.201 to $100 - Stop Loss: $5.926 This altcoin can easily hit $100 by the end of this bull run! 🚀🌕 It is one of the strongest altcoins in AI and Big Data Narratives. DYOR, NFA Please hit the like button and share your views in the comment section. #PEACE
by Cryptorphic
8
NEAR buy setupConsidering the bullish price structure in the big time frames, it seems that NEAR will go up again by meeting the specified demand. From the previous SW H, it can be counted as the first target Closing a daily candle above the invalidation level will violate this analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
by iMoneyTeam
Near Protocol: Bullish Breakout or Bearish Signal? Near Protocol: Bullish Breakout or Bearish Signal? A Potential 37% Downturn Near Protocol (NEAR) has been a beacon of relative stability in the volatile cryptocurrency market of 2024. While other altcoins have plunged, NEAR has managed to hold its ground. However, a recent price movement has some analysts sounding the alarm, suggesting a potential 37% crash on the horizon. Wedge Pattern and the Analyst's Call In early May, NEAR formed a technical chart pattern known as a "wedge." This pattern is characterized by price fluctuations confined within a narrowing range, with trendlines converging towards a point. While breakouts from wedges can signal either bullish or bearish continuations, the specific characteristics of NEAR's breakout have a crypto analyst predicting a significant downturn. The analyst argues that the way NEAR broke out of the wedge is a bearish indicator. They believe the price may experience a period of consolidation around its current level ($7.30 as of May 31, 2024) before an "impulsive" downward movement. This movement could initially see the price drop by 8% to $6.78, followed by further declines to $6.00 and a potential bottom around $4.60. If this scenario plays out, NEAR would experience a total decline of 37%. Metrics Supporting the Downturn Theory The analyst's prediction finds some support in recent developments surrounding NEAR's market metrics. After a strong start to 2024, NEAR has seen a decline in price over the past month. This price drop coincides with a notable decrease in daily trading volume, suggesting a potential weakening of investor interest. While NEAR has outperformed many other altcoins, the overall bearish sentiment in the cryptocurrency market could also play a role in its future price movement. A broader market downturn could drag NEAR down even if its project fundamentals remain strong. Understanding Wedge Patterns and Analyst Predictions It's important to remember that technical analysis, including wedge patterns, is not an exact science. Past performance is not always indicative of future results. While the analyst's prediction offers a bearish perspective, it's just one voice in a crowded space. Here are some additional factors to consider: • Positive News and Developments: News about partnerships, project developments, or upcoming upgrades could trigger renewed investor interest and push the price upwards. • Market Sentiment Shift: A broader shift in market sentiment towards optimism could buoy NEAR's price regardless of the technical indicators. • Unforeseen Events: Unexpected events, both positive and negative, can significantly impact the cryptocurrency market. Investor Takeaway: Research and Diversification The potential for a 37% decline in NEAR price should be a wake-up call for investors. It underscores the inherent volatility of the cryptocurrency market. Investors should thoroughly research NEAR's project fundamentals, roadmap, and broader market outlook before making any investment decisions. Diversification is also crucial. Spreading investments across various cryptocurrencies and asset classes can help mitigate risk. Conclusion Near Protocol's recent breakout from a wedge pattern has sparked debate among analysts. While some see a potential 37% crash on the horizon, others remain cautiously optimistic. Ultimately, the future price movement of NEAR will depend on a combination of technical factors, project developments, and broader market sentiment. Investors should carefully consider all available information before entering or exiting any NEAR positions.
Short
by bryandowningqln
1
near → at least 50% profithello guys... as you can see, BINANCE:NEARUSDT is on an ascending channel! on the other hand, it made a double head and shoulders pattern and broke the neckline! you can enter when the retracement happens and put your target on 10.84$. so you can get at least 50% profit! ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
12
📈Trading Strategy for NEAR : Long and Short Opportunities🪄🔍Let’s dive into today’s analysis. Bitcoin continues its correction phase from its recent uptrend, and with the weekend ahead, we anticipate the market will remain range-bound. Today, our analysis focuses on NEAR Protocol, one of the top crypto projects ranked 17th in the market. This project serves as infrastructure for other crypto projects and is trusted and utilized by notable teams such as Arbitrum, Polygon, and Eigen Layer, significantly enhancing its market influence. 🧩In higher time frames like the daily and weekly charts, the trend is undeniably bullish. However, on the 4-hour chart, we see a prolonged range box. After a false breakout to the downside, the price regained upward momentum but still lacks the necessary strength to break out of the range box and is currently consolidating at the top. The 25 SMA has approached the price, which could inject new momentum into the market. But since it's Saturday, significant market movement is unlikely. Nevertheless, the arrival of the 25 SMA could trigger another bullish leg. 🎲Currently, the RSI does not provide a clear long trigger. However, if the price breaks above 74.53, and you have an existing position, it is advisable to hold it, as this could lead to a substantial sharp move. A breakout of 8.507, followed by the RSI resistance breakout, might signal the start of the next weekly time frame rally. Therefore, don’t hesitate to hold your position if 8.507 is broken, and don't worry about potential stop-outs. A successful breakout could hit long-term targets, making the risk worthwhile. The targets for a long position could be 10.396 and 13.034. 📉For short triggers, the nearest trigger is 7.837. If the price tests this level and breaks it on a second attempt, I will open a short position and quickly secure profits due to the overall bullish market momentum. The next short trigger comes after breaking the trend and a breakdown below 6.676, where you can open a position targeting the bottom of the range box. An RSI trigger can be identified at 43.87, and a breakdown below this level could confirm the entry of bearish momentum into the market. 📊Regarding volume, it is currently in favor of buyers. The volume has increased with rising prices and decreased during corrections, indicating weak selling pressure. 📝In summary, NEAR Protocol shows strong long-term bullish potential, with key levels to watch for both long and short positions. While the market may remain subdued over the weekend, significant moves could occur with the break of critical levels identified. Proper risk management and attention to volume trends will be essential in navigating these trades successfully. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2.
by itsparham96
NEAR Protocol Eyes Critical Resistance: Breakout or Pullback?As NEAR Protocol (NEAR/USDT) continues its bullish ascent, NEAR approaches a crucial resistance level at $8.443. Support Levels: $4.944 : A significant support level that has been tested multiple times, acting as a strong floor during the recent uptrend. $2.714 : Another support level that was respected during the downtrend and recovery phase. $0.997 : This level marks the lowest point on the chart, providing a major long-term support. Resistance Levels: $8.443 : The current price is approaching this resistance level, which aligns with previous peaks and consolidations. $17.024 : A historical high that could act as a strong resistance if the price continues to rise. Potential Scenarios : Bullish Case : If the price breaks above the $8.443 resistance, it could target higher resistance levels, potentially moving towards $13.00 and then $17.024. Bearish Case : If the price fails to break the $8.443 resistance and reverses, it might retest lower support levels like $4.944 or even $2.714.
by Z4F4R