We could see a rapid spike in NEAR.NEAR is pushing the resistance level and if it can break above this level, we can see a rise up to 3.7.
NEARUSDT.P trade ideas
NEAR protocol CorectionThe currency of the corrective movement NEAR protocol
Let's check some points in the chart
1- Double ascending blue channel and the formation of two powerful 5-wave Elliott impulse patterns up to the target of 4.69
2- The start of this powerful movement on October 20, 2023 and the end of the momentum of movement in long and powerful wave 5 on December 26, 2023
3- The start of the correction of this strong movement and entering the red corrective channel and the formation of a strong abc pattern and the completion of the correction in wave c of the graph
4- The price correction is over and breaking the ceiling of the channel indicates a new movement towards the ceiling of 4.69 and retesting this resistance.
NEARUSDT 1D#NEAR has broken out of a Bullish Pennant pattern on the daily chart. Currently it is testing the horizontal resistance at $3.044
It will break it soon. You know what will happen next :)
$4 Is programmed. Check my targets on the chart.
NEAR Zone of interestRed box are the resistance are for NEAR. If it can broke the first resistance zone at 3, i think it can surge at least till second zone at 3.20. There we will see if it can continue the pump or if it will make a strong pullback
$NEAR/USDT: Potential Uptrend (2H)AMEX:NEAR : Uptrend to Continue, Target of $3.64 by February 6, 2024
NEARUSDT IDEAUPDATE
Already Broken Symmetrical Triangle in 12H Time frame.
Expecting a good bullish move if holds over the line ...
COIN DETAILS
The live price of NEAR Protocol is $ 2.924421 per (NEAR / USD) with a current market cap of $ 3.02B USD. 24-hour trading volume is $ 129.04M USD. NEAR to USD price is updated in real-time. NEAR Protocol is +6.78% in the last 24 hours with a circulating supply of 1.03B.
$NEAR #NEAR Time for some Weekend Scalpsdownside should be limited,
shouldnt get anything major over the low volume weekends, alts could get nice rallies. 0.236 - 0.382 are GREAT areas to bank some profits (ideally wanna derisk or close by premarket on Monday), or let it run.
a 5 wave move down is clearly visible, however an ABC count is preferred here as it hit the targets and stayed just above the 1.618.
its BULLFLAGS forming market wide, as long as range holds.
These setups are scalps, short term. Yes you can accumulate or trade spot if you'd like, not looking to hold a LT position at these areas, not without a clear breakout thats been retested (we can just buy the daily doji on the close)
LFG!!
Potential liquidity sweep?NEAR can go higher from here or bounce back from the last support level but I can see this idea happening as well; grabbing the liquidity (stops, liquidations etc) underneath in order to move up. NEAR has done this before. In case this happens I would wait for the level / range to be regained in order to confirm the liquidity sweep to start creating a long position (the long trigger). Failure to reclaim this level would likely result in more downwards and acceptance in lower ranges (red arrow)
$NEAR Protocol Trading IdeaNEAR NEARProtocol is inside this descending channel. Very low volume during the weekend. There is a chance here to see a breakout. The setup is invalid if it's gonna go lower, down through those demand/support zones.
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 Do or Die Situation?Near can push higher from here.
Entered heavy leveraged long from 2.879.
Tight sl at 2.863
It have to claim this major resistance without any down moves or it's over for it so taking risk is okay here.
If it holds it it can push to 4 and 5.
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 $2.5573 demand. Such a move could indicate further declines, so it's crucial to stay vigilant for potential price traps and ensure we're entering the market with a solid setup.
NEARUSDT: Bullish Trend (AB=CD Pattern)NEARUSDT.P is currently changing its trend from bearish to bullish. It has also broken the previous lower highs (LHs) and is currently forming an AB=CD pattern. This suggests an opportunity for a long position in the market.
NEAR At daily time frame makes lower low= bearish trend
Bullish scenario
resistances 3.18 upper limit band around 50 ema, 3.3 horizontal & 800 ema, 3.8 pivot high, 4.05, 4.5 upper limit channel
bearish scenario
supports 2.97 in 50 ema, 2.84, 2.44 pivot low, 2.21 in 200 ema
NEAR#Near exhibits a promising trajectory following a breakout beyond the trendline and the key level at 3.039. Optimal entry is suggested upon a confirmed candle close above this level, Remember always use Stop-loss. Everything is on the chart
Long short term target for NEARPHEMEX:NEARUSDT has recently done a complete deviation with big liquidity sweep below.
A trend is on the verge of breaking along with a strong support from below , blue line is my personal target here.
NEAR/USDT 4H Bullish BreakoutNEAR is now trading around 3.03$. #NEAR Exactly Pumping up after Breaking out falling wedge pattern.
Now the Possible scenario is according to the pattern, we can see more bullish momentum in #NEAR.
Stay tuned with us for further updates
NEAR/USDT Eyeing for the Supply Zone? 👀🚀NEAR Analysis💎Paradisers, let's focus on #NEARUSDT, as the current trend is hinting at a potential strong bullish recovery from its critical support zone.
💎A review of #NearProtocol's recent market behavior shows a notable 45% decline after encountering resistance at a key supply level. Yet, it's displaying resilience around the support level of $2.46, indicating prospects for an upward trajectory.
💎Despite challenges in reaching new highs or surpassing previous peaks, leading to a temporary bearish outlook, the $2.46 mark remains pivotal. This level could potentially trigger a significant bullish surge upon retesting.
💎As proactive traders, we're always ready with an alternate plan. If #NEAR fails to hold at the $2.46 support and dips lower, we're prepared to anticipate a bullish rebound from the lower support at $2.07. However, bear in mind that a descent below this additional support will suggest a deeper bearish trend.
💎Stay flexible with your strategies and vigilant with the market, Paradisers. Your ParadiseTeam is continuously monitoring, and prepared to navigate you through these market movements.
NEAR Protocol start to rise!Near protocol a solid in fundamentals coin, is breaking a static channel on a weekly timeframe 2.5$ / 2.8 level , giving the possibility to go towards the 6$ and 12$ level in medium long term as possible potential targets.
We are watching a lot of those growth coins to rise in momentum, and breaking stage 1 after long static periods.That's a clear signal that we are near to a possible bullish sector sentiment.
good trading.
NearUSDT mid term targetLooking at the daily chart of NearUSDT it clearly shows us that near coin is at a very low point. It has a potential to get to the price of $6 in a mid term time period. Currently it is trading at 2.91. If you want to take risk then buy 25% of Near on current price. Looking at the BTCUST position it is prominant that BTC will come to atleast 38K, then we will get an oppertunity to buy NEAR around 2.30--2.45. Buying in this range is absolutly a bargain price.
NEARly thereWe are NEAR to the end of this short term downtrend.
Perfect bull market set up forming.
Dropping into strong support at around 3-3.15 USD.
Great risk reward 🚀
