NEAR/USD - Overshoot at the Light Blue Resistance ZoneIn my previous analysis, I explained that NEAR is in a key resistance zone with the highs around $7.20. NEAR had a strong overshoot with a long wick up to $9. There has been a lot of FOMO in the market driving prices way above their targets, and we are starting to see bears regain control at these high prices. I think NEAR needs a much steeper correction below $5, and I would monitor the price action in this resistance zone to see if the price can continue to hold above $5. If NEAR remains in the resistance zone it is likely to move sideways above $5 to avoid a drop.
Nearusdtanalysis
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.
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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NEARUSDT Elliott Waves AnalysisHello friends.
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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!
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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.
NEARUSDT Elliott Waves Analysis (Local Setup)Hello friends.
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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
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 TRADE SETUP! #NEAR:
Entry Point:
Buy at CMP: Consider entering the trade at the Current Market Price (CMP), taking advantage of the current market conditions.
Additional Entry: Be prepared to add more positions if the price drops to $3.34. This level is identified as a potential strategic buying opportunity.
Target Prices:
Set specific target prices at $3.52, $3.6, $3.78, $4.01, and $4.2. These levels represent potential profit-taking points as the price moves upward.
Stop Loss (SL):
Set a stop-loss at $3.236. This level is chosen to limit potential losses and effectively manage risk.
Leverage:
The recommendation advises maintaining low leverage and entering the market at the lowest possible price. It suggests a gradual entry approach and encourages traders to avoid sudden decisions. Using leverage cautiously is crucial to minimize risk.
Cautionary Note:
Reminds traders to do their own research (DYOR) before making any trading decisions. This reinforces the importance of conducting personal research for informed decision-making.
Includes "NFA" (No Financial Advice), emphasizing that the provided information is not a recommendation for financial decisions.
In summary, the recommendation outlines a trading strategy for #NEAR, providing specific entry points, target prices, and a stop-loss level for risk management. It emphasizes caution with leverage, gradual entry, and the necessity of conducting personal research. As always, the information is not financial advice.
For this best zone (NEAR)📊Analysis by AhmadArz:
back to break of trendline & candle of bullish.
🔍Entry: 3.66
🛑Stop Loss: 4.48
🎯Take Profit: 3.80 -4.48
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💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
NEAR Protocol NEAR Coin Price PredictionNEAR Protocol NEAR Coin Price Prediction
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥
Potential bounce areas for Buying 2.614 and 2.182
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Share your Thoughts if you have any?
I expect NEAR to rise to $2.12Hello everyone! I have a great idea regarding NEAR.
With the recent upward movement, NEAR has broken out of the accumulation zone, surpassing the first major resistance level, as well as the nearest strong Fibonacci level of 0.236 and the 200-day moving average (EMA 200).
Currently, the asset is within another range of resistance/support, and in a bullish market, it should easily overcome this level.
I believe that the asset is currently in a good range for buying opportunities.
On the chart, the blue horizontal lines indicate other areas of resistance/support for the price.
My final target is a growth up to the 0.618 Fibonacci level, which would bring a profit of 41%.
I also see the possibility of further upward movement towards $2.4 and $2.7.
All targets are shown on the chart.
Please note that this is not financial advice, and any actions you take are at your own risk!
NEARUSDT Elliott Waves Analysis (midterm expectations)Hello friends.
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Everything on the chart.
After correction will looking for new long position.
Entry: 1.3 - 1.15
Targets: 1.5 and 1.7
after first target reached move ur stop to breakeven
Stop: ~1 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 2
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 / NEARUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
Important areas of support and resistance of the NEAR currencyThe NEAR currency is in a falling trend, and important support and resistance levels are expressed in this analysis, considering that it is near the ceiling of its downward trend, there is a possibility of a fall for this currency.
Safe entry points and average drawdown for this digital currency are specified in this chart.
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NEARUSDT H1 : SHORT SETUP WITH LIQHi Guys Hope you well.
As you know we have liq and the top and I share short setup with You please check it by your own.
SecondChanceCrypto
⏰17/JULY/23
⛔️DYOR
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 comments.