NEAR Impending Correction!!It is prudent to exercise caution and abstain from initiating any trades until the asset transitions into the "POI" zone, which aligns with our downward targets.
Liquidity has been withdrawn from the range approximately between 6.17 and 6.20. We are nearing a significant "FVG" point, poised for trading opportunities.
Upon entering the favorable zone where decisive actions can be made (POI), we will transition to lower time frames ("LTF") to identify shorting setups, ensuring confirmation before execution.
NEARUSDT
3 possible scenarios for NEAR price movement in the coming monthDo you think that yesterday's "shaking out" of positions was at the same time a necessary correction to continue growth?
Or can and should the NEARUSDT price still correct to before continuing to $2.5 grow to $10?
Or maybe it's "game over"? NEAR price growth cycle over and a deep correction to the $1.5 area ahead?
Vote in the comments which scenario you prefer, or write your own version.
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#NEAR/USDT#NEAR
The price is moving in a descending triangle on the 12-hour frame
We have a commitment to the boundaries of that triangle
Now the triangle is about to break upward, as well as the Moving Average 100 breakout
We have buying momentum on the MACD indicator
Entry price 2.93
First goal 3.32
The second goal is 3.65
Third goal 4.10
NEARUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: Market and lower (2.5 - 2 - 1.5)
Target: 3.5 - 4.5 - 5.2
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
🔄 NEAR Spot Trade: Setup Within Support Zone! 📈💹📊 Analysis:
Spot Trade: Considering a spot trade on NEAR.
Support Zone: Ladder into the trade in the $3.00 - $3.50 support area.
Resistance Levels: Target profit at $4.65 - $5.00 or $5.50 - $6.00.
Risk Management: Set a stop loss just below $2.75.
🌐 Note: Exercise caution during entry, especially regarding potential wicks. It's advisable to wait for price stabilization before entering.
NEAR BULLS ARE IN CONTROL , NEW ATH IN NO TIMElets keep it simple
near once it run will not stop pumping , levels will be crashed in no time
DCA from here and Chil for new ATH
Copy Spot trading are available now in bitget with 100 % win rate so far , seats are limited , lets make Money
BitcoinJumber
🚀📈 NEAR Price Analysis📊 Price Movement:
Current Level: NEAR is still at the top of the range support level of around $3.00.
💼 Trading Plan:
Entry: Consider entering around the support level.
Take Profit Areas:
$3.80 - $4.00
$4.60 - $5.00
Stop Loss: Set just below $3.10 for risk management.
🔄🔍 Note: Keep a close eye on the price action and adapt the plan accordingly. 📈💹
#NEAR #CryptoTrading #PriceAnalysis 🚀📌
NEARUSDT Elliott Waves Analysis (Local Setup)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: Market and lower
Targets: 3.3 and 3.5
Stop: ~2.54 (depending of ur risk).
RR: 1 to 2
ALWAYS follow ur RM.
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
NEAR Protocol Price TargetWith the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market.
Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies.
As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm.
This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days.
My Price Target for NEAR Protocol is the next resistance, $3.40.
near/usdtWe previously discussed NEAR/USDT and its potential gains. Since our last post on( December 14), NEAR has surged by over +50%. Now, we're presenting another opportunity to enter #NEAR with a potential of 4000% using 10x leverage.
Entry Range: $2,162 - $3,266
stoploss: $0.93
Take Profit 1: $5,764
Take Profit 2: $10,425
Take Profit 3: $16,231
NEARUSDT OPEN NEW CYCLE PEROID DEPENDING ON THIS STUDY $12Thanks for reading this update.
NEARUSDT seems to open a new cycle trend, this cycle trend can give NEARUSDT an unexpected break. we see that some positions are confirmed for the trend.
We did expect before in the same way the Cylc increase of BTC.
know that Cycles entering with building positions, and we did scan some of them.
Let's see how this will affect the price action soon.
For the day trading time frames, we checking NEARUSDT for 18%+ trend
Soon more updates.
This will stay a prediction depending on our data, and not trading advice.
This is our view, which means not that you should follow it. trade only depending on your plan.
here will be soon updates, the same as BTC did get updates to 48K.
NEARUSDT.1DBased on the market data provided, NEAR is currently priced at 3.33 USDT. The relative strength index (RSI) for 4 hours, 1 day, and 7 days is 72.20, 66.30, and 65.38 respectively. This indicates that the currency is currently in the overbought territory, which can often signal a potential price reversal.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days is 0.087, 0.037, and 0.43 respectively. MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security's price. The positive MACD indicates that the price is likely on an upward trend.
The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days is 3.43, 3.410, and 4.144 respectively. The current price is lower than the upper band and higher than the lower band, indicating that it is moving within the range.
The support levels for 4 hours are 3.098, 2.885, and 2.671 respectively. This indicates that these are the levels at which the price has historically been unable to fall below. Similarly, the resistance levels for the same period are 3.53, 3.86, and 4.070. These are the levels that the price has been unable to break through in the past.
Based on the technical indicators, the NEAR currency seems to be on an upward trend, but it is currently overbought which might lead to a potential price reversal. However, please note that cryptocurrency investments carry a high level of risk and you should only invest money that you can afford to lose. It's also recommended to do your own research and consider your financial position before engaging in these transactions.
NEAR/USDT Analysis: Waiting for Support Levels Before BuyingDear traders,
I would like to share a cautious yet optimistic analysis of the NEAR/USDT trading pair. Currently, we observe a favorable position, but patience is key to maximizing opportunities while minimizing risks.
Current Situation:
The NEAR/USDT market shows promising signs, but it's crucial to note that the price might encounter short-term resistances. However, the fundamentals of the NEAR Protocol continue to support growth potential.
Recommended Strategy:
It is advisable to wait for the price to touch identified support levels before initiating buying positions. This approach confirms the stability of support levels and reduces risks associated with potential market volatility.
Key Support Levels:
Identify key support levels based on technical analysis and relevant indicators. Buying when the price reaches these levels could provide an opportunity for a more attractive entry price.
Patience to Minimize Risks:
While the market may experience a slight initial decline, patience can be rewarding. Expect the market to stabilize after touching support levels, creating a stronger and less risky buying position.
Conclusion:
Overall, NEAR/USDT offers an interesting perspective, but it's essential to adopt a patient approach. By waiting for the price to touch support levels, traders can position their purchases more strategically, thereby minimizing potential risks.
Remember, caution and risk management are crucial in any trading environment. Good luck to all!
Note: This analysis is based on the information available at the current time and may be subject to changes depending on market developments.
NEAR/USDT watchout Bullish Breakthrough? 👀NEAR Analysis💎Paradisers, a prime trading opportunity is unfolding with #NEARUSDT as it challenges the descending channel's resistance, hinting at an upcoming bullish shift.
💎 Our analysis shows that #NEARPROTOCOL is initially eyeing the supply zone at $3.2014. This level is pivotal; a respect for this zone could trigger a retreat, offering us a chance to capitalize down to the lower demand at $2.5573, where a bullish resurgence is anticipated. Conversely, breaching above the $3.2014 supply could set the stage for an ascent towards the next supply zone at $3.7803.
💎 As prudent traders, we must also prepare for the scenario where #NEAR dips below the $2.5573 demand. Such a move could indicate further declines, so it's crucial to stay vigilant for potential price traps and ensure we're entering the market with a solid setup.