NEARUSDTPERP
NEAR Protocol formed bullish Gartley for upto 1029% big rallyHi dear friends, hope you are well and welcome to the new trade setup of NEAR Protocol coin. (It's a high-risk high reward plan)
On a monthly time frame, the price line of NEAR has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
NEARUSDT - A Climb From The Bottom After long downtrend NEAR finally broke trend line, started to attract gain for momentum and volume. After big dip,
the price was in a range, consolidating from $ 2.90 - $ 3.90. At the moment it's trying to reach crucial $3.9-4.07 resistance level
to the upper trend line. Hoping NEAR just might keep going and breaking that zone. RISK REWARD (1:1)
If the price doesn't get past, we will see a fast dip and drop back to around:
Initiate Plan B and take SHORT positions if the scenario plays out.
PLAN B TARGETS:
> $ 3.64
> $ 3.30
> $ 3.15
> $ 2.98
Exciting to see what's the outcome!
Disclaimer: I am NOT a financial adviser, do your own research before entering the market.
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Up to 60% long on NEARConsidering the payoff from $5, I have so far returned to the scenario with the completeness of the wave flat, but this scenario does not fit with #bitcoin and the entire market, so it will most likely have to be changed later.
In the meantime, an impulse has gone up locally, so from the correction, you can try to enter with a stop behind the low and then see what the movement will grow into. Even if the growth is within the ABC, then R:R will be more than 1:3
$NEAR wave count since february bottomNear is approaching it's ath after an impressive rally. I will close long and look to open short when we reach above $20.
Honestly have to be careful (no/low lev) because the trend is strong and near is pumped easily. Very low liquidity coin with aggressive bull moves.
Touching the ath will certainly cause a selloff and complete the fifth wave up.
Short targets are $13.5 and $12.5. These are significant support levels which will likely reverse the trend.
Goodluck.
NEAR BullflagConsidering this whole upper structure as a bullflag, ultimately leading to continuation of the previous bull market
The alternative outcome is that the formation acts as a double top and price comes back to the channel
The bullish state of the indicator on this daily frame is welcomed although
NEARUSDT 1D Near protocol, possible x3 rise for 3 months?Today, we bring to your attention the analysis and possible medium-term trade of the pair Nearusdt
In recent times, a lot of news has been circulating around the Near protocol, some of them official, and some at the level of rumors or conjectures. But we here are not for this, we are translating into text what we see on the chart.
On the chart, we see increased trade turnover, which means the interest and struggle of buyers and sellers at key levels. In general, today, Near is in the top 10 in terms of trade volume around the all crypt , a worthy result to offer a medium-term trade.
We set up a procurement area of $14.10-14.80 for ourselves. Tonight the minimum was $14.70. At the moment - there is still the possibility of falling the price in the desired area of purchase.
Fixing the price NEARUSD above $16.30 will mean that the price movement has begun.
As can be seen from the history of trading in the area of $13 traded mirror level , which at one time skillfully alternately played the role of support and resistance.
Therefore, it is logical to place the stop below $13.
In this trade, we see three logical take profits, and each individual will be able to choose a comfortable trade for themselves.
In summary, we obtain the following initial data for the trade:
The entrance area to the long - $14.10-14.80
Stop - $12.99
TP1 - $20.60
TP2 - $28.60
TP3 - $41.40-42.00
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NEAR / USDT If you check my previous analysis I post about NEAR when it was about 10 dollars
Now in 2H time frame this is the pattern that we are in if we can break it I showed you or targets
I do trading based on patterns and breakouts
USE STOP LOSS
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DO NOT FORGET TO USE STOP LOSS
THIS IS NOT FINANCIAL ADVICE