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!
NEARUSDTPERP
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.)
Last support range: 0.830-1.528Hello?
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(NEARUSDT chart)
(1M charts)
The key is whether the price can be maintained by rising above 1.99.
(1W chart)
The key is whether it can receive support and rise in the 0.830-1.528 range.
(1D chart)
Since the volume profile section is formed around 1.4124, the key is whether it can rise beyond this point.
If the price cannot be maintained by rising above 1.031, there is a high possibility of a new low, so caution is required.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Near price comes to life!) Holders have been waiting for you)NEAR price has dropped back into the $1.20-1.30 liquidity zone
At the beginning of its trading, NEARUSDT, after breaking through this liquidity zone, began a solid and solid price growth.
In 2023, the NEARUSD price is testing this level for the third time, which is probably a strong mirror zone.
The only nuance is that in six months of 2023, the price of BTC roughly doubled from $15k to $30k, while the price of Near did not.
Therefore, keeping our fingers crossed for NEAR, we can assume that if buyers manage to hold the $1.25 level, they should be able to double the NEARUSDT price to $2.75 just to catch up with the amplitude of BTC's growth.
However, if NEARUSDT drops and consolidates below $1.20, then it's nothing personal, but the next stop from the bottom is $0.90.
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NEARUSDT may be ready to drop to next weekly support 0.95-1.05The price broke down from weekly support on the last drop a week ago and closed below it. This week it has moved up and almost touching the broken support zone. However, it does not seem like it is going to move up and claim this support. A few hours are left and if that happens in these few hours than it will be bullish and the price will be ready to move up towards the weekly resistance WR1. But from current price action it seems likely that the price may be getting ready for a drop towards weekly support WS2 which is sitting around 0.95-1.05.
Good to betI firmly believe Nearusdt has good long potential in the given area after price confirmation with absolute great R/R
Keep in mind :
First, let the price hit in the box
Then look for confirmation on 15m time frame ( mostly choch confirmation )
Then enter long position.
Do not run into the trade without confirmation
Nearusdt Breakout Soon Nearusdt
NEAR/USDT is currently forming a symmetrical triangle pattern, which suggests that the price is consolidating and preparing for a potential breakout. If the breakout is successful, we can expect to see a bullish move in the coming days or weeks. However, as with any market, there is always a risk involved, and proper risk management should be used when trading.
It's important to wait for confirmation before entering any position. A confirmation in this case would be a strong bullish candlestick closing above the upper trendline of the symmetrical triangle pattern. On the other hand, a failed breakout could lead to a downside move, and traders should be prepared for both scenarios.
Overall, the symmetrical triangle pattern in NEAR/USDT suggests that a breakout is imminent, and traders should keep a close eye on this market for potential trading opportunities. As always, it's recommended to conduct your own research and use proper risk management techniques before making any trades.
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NEAR Protocol Price Analysis 4 Hour Chart STRUGGLING!! >?Hey guys NEAR PROTOCOL has recently broken out of its ascending trendline and is now testing the waters of some lower areas of support shown here.. Could it Hold this area of SUPPORt OR Will NEAR head to the DOWNSIDE??
What do you guys think?
BINANCE:NEARUSDT
NEAR | Fueling up for Massive Breakout..!!
#NEAR Falling Wedge formation in Weekly timeframe..
Massive Buying Volume Coming in..
Expecting Breakout Soon..
+450-500% Profit Potential in the Midterm.. ✍️
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
🔥 Why Near Protocol coin is falling? 👇Today we will talk about Near Protocol
The last 4 months have been somehow catastrophic for the NEARUSDT price. After all, during November, Near depreciated twice from $3 to $1.5, and since August 4 times from $6 to the current $1.5.
One of the reasons that encourages investors to get rid of their Near can be called that the structures of Samuel Banckman-Fried (FTX and Co) own a total of 17 million NEAR tokens. In case of bankruptcy, they are subject to liquidation. That is, they will be transferred or sold to someone. However, NEAR has insurance against the simultaneous sale of coins - most of the tokens owned by FTX will be unlocked within three years.
This reason at least somehow explains the NEAR drain in November.
But why NEAR was drained in large amounts before, we do not know. Did the "big wallets" know about the impending troubles in the crypto world much earlier?
Write what you think about it in the comments below the idea.
The other day, the price of NEARUSD easily updated the minimum from 2021, without any problems, and without the volume of the struggle between buyers and sellers.
Well, now we can only assume in what format the downward trend of the NEARUSDT price will be able to reverse.
As an option, a long formation of the "Inverted Head and Shoulders" reversal pattern is possible. Potentially, the formation fits the technical description of the pattern, as well as the volumes that decrease from the left shoulder to the Head.
Now the price of NEARUSDT is above the liquidity level of $1.25-1.50, there are chances that it may not go lower. And then the long growth of the NEAR price to the $5 area, where every trader and hodler should think about it: "Is it worth keeping this asset "?
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NEAR Protocol Analyze (Road Map)!!!🗺️(+250%😱)❗️❓Today, let's look at NEAR Protocol's road map🗺️.
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 Protocol is being built by the NEAR Collective, its community that is updating the initial code and releasing updates to the ecosystem. Its declared goal is to build a platform that is “secure enough to manage high value assets like money or identity and performant enough to make them useful for everyday people.”
Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and Mintbase, an NFT minting platform are examples of projects being built on NEAR Protocol.
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NEAR Protocol is running on descending channel for about one year.
Also, If we look at the NEAR Protocol by Elliott waves theory. It is running on microwave 4 of microwave 5 of main wave A.
I tried to show you the end of main wave A in my chart.
🔆Suggestion: If you want to add NEAR to your portfolio, you can wait to break the upper line of descending channel or when NEAR touches my target(zone) for the end of main wave A.
NEAR Protocol Analyze ( NEARUSDT ) Timeframe Daily⏰ (Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
NEARUSDT reached a prevous support zone Hi guys , after the new year celebration we get things to be continue as normal and fresh. I wish you all happy new year. Today is Monday so I come with an idea .
NEARUSDT is reached a previous zone that acted as support which now turns to resistance this is happened in the 4 hr chart but my illustration is on the hourly chart so that make sure you see the 4 hr chart to see the big picture .
the level I marked out between 1.300-1.309 acted as support and resistance multiple times in the past so now price reached in that zone. what should we expect from this ?
1. Ride the move to the downward direction that is also the current trend direction as the analogy "the trend is your friend " for now we have to look shorting opportunity.
2. If case 1 did not happen we are going to look for buying opportunity with in the same zone we marked out.
stay safe and happy new year again guys
Never trade without stop loss
Use proper risk management
Risk only what you can afford to loose.
NEARUSDTNEARUSDT buying opportunity
This is a great opportunity for NEARUSDT trader
we have last time I have predicted the shorting opportunity and it goes well. and now we are in a major zone that push the market up before.
And also if we look left it was resistance on the weekly zone that turns to support I personally believe this is a good zone please let me know what you think
Be aware that we are against the trend and we have to catch only a small move just because the market can be against us any time.
doping down to a smaller time frame
like the hourly and find a double bottom
or a hammer candlestick or a combination
of both can be entry .
never trade without stop loss
use proper risk management
risk only what you can afford to loose
NEAR/USDT - LONG----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ NEAR/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (2.0X)
Entry Orders:
1) 3.249 - 100.0%
Take-Profit Orders:
1) 3.446 - 33.333%
2) 3.628 - 33.333%
3) 3.904 - 33.333%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (2)
NEAR/USDT - LONG ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ NEAR/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (2.0X)
Entry Orders:
1) 3.249 - 100.0%
Take-Profit Orders:
1) 3.446 - 70.0%
2) 3.628 - 25.0%
3) 3.904 - 5.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)