NEARUSDT
A NEAR Breakout - NEAR PROTOCOLNEAR / EURO
⌛️Potential Parallel Channel Break Out
✅ Good Risk:Reward for small/medium position
✅ OBV has broke above key resistance line
✅ Volume spikes previously indicated move up
Ideally, waiting for a break above the parallel channel is the safest entry or waiting for a bounce from the 10W SMA (blue line).
Folks just look how accurate and useful the On Balance Volume (OBV) has been on this chart. I have been using it a lot more lately, and intend to in the future.
Easily could see a pull back before any breakout and we could easily break down below 10 week SMA so my so my stop is placed at $3.80 (-30%). This is a small position trade so I cant lose a lot here but I could 4x that small position into something so that's the potentially against s 30% loss.
Just for the record I could change my mind and exit early or allow for a quick puncture of the stop if I thought it was a stop hunt.
I will follow this tweet with how this chart looks on the ETH pair, because it could present an opportunity to increase your ETH at present if it continues to outperform ETH.
PUKA
CRYPTOCAP:NEAR €NEAR #NEAR #NEARProtocol
NEAR/USDT Indicating Continue Upward Trajectory and Breakout!💎 NEAR has recently demonstrated significant market dynamics. Currently, it is encountering a major resistance area, where it was previously rejected.
💎 If NEAR manages to successfully break out above this resistance, it could signal a continuation of the upward movement, potentially reaching our target area.
💎 However, if NEAR fails to break out above the major resistance soon, there is a possibility of price rejection, leading to a gradual decline towards the support area around $4.6. This is particularly significant as NEAR has not yet retested this level after making a significant breakout previously.
💎 The support area holds crucial importance for NEAR, as a bounce from here would be necessary to attempt another breakout above the major resistance. If NEAR fails to hold the support and breaks down below it, this would be considered a bearish sign.
💎 In such a scenario, NEAR could continue its downward trajectory towards the Bullish OB area, or even lower if it fails to bounce from the Bullish OB.
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Liquidity has been withdrawn from the range approximately between 6.17 and 6.20.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.
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.