Near isn't lookking to good Maybe its just me but NEAR is looking scary 😨
It has an untapped liq and its looking to head that way
NEARUSDT trade ideas
$NEAR Macro 3Mhere's a 3M chart on AMEX:NEAR
the instruction are simple and clear on the chart
the March candle close will be very interesting to determine the next direction
closing above a FVG could potentially lead to a leg up
closing below mid FVG or below FVG would potentially lead to a pullback,
retesting lower FVG
educational purpose only
nfa
NEAR 1HThere's potential for an upward swing, but it's all hanging on BTC's current trajectory. The support level is clear. The only downside is the lack of strength in most last 1H candles, 30min are more bullish for scalp. We'll need to wait it out and see how Bitcoin plays out before making any moves.
On the 1-hour chart, BTC is holding support as indicated by clusters, but sellers are also capitalizing on this level to offload some holdings.
NEAR ideaa fake safe zone is what I note as, a place where most traders will place their Stop Loss, because the zone gives them a FEELING of SAFETY
but that isn't actually SAFE
usually, previous ATH are considered fake safe zone
meaning, price will eventually rally so hard to a new ATH and take all the SL above previous ATH
also, note that in crypto, especially altcoins, price can dump 58% and still have the bullish market structure intact, then rally hard to new ATH
so that's why it's important to DCA
spot is always better than futures imo
educational purpose only
nfa
Is NEAR chasing a new ATH?Hello everyone!
The #NEAR cryptocurrency has already brought us good profits last year. I suggest you consider entering a trade at this point.
At the $6 level, we have a strong support zone that is clearly visible on the chart.
You can open a position from the current price levels, or you can also place another buy order around $6 just to be safe.
The main target is $12.48. You can also set sell orders at all the important Fibonacci levels:
$10.85
$9.43
$7.92
I believe that the asset may continue to move above these levels.
This is not financial advice, and all trading is done at your own risk!
Follow me to receive more trading ideas.
NEAR Long 6.978 RocketNEAR a good position for a trade.
Long 6.978
Entry into the trade on the model of level breakout
1st target 9.0
NEARUSDTNEARUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new HH.
What you guys think of this idea?
Near is nearHello friends
Regarding to this popular coin, we consider two scenarios.
if the bottom of the pattern supported, I will have a bullish view and will accompany it up to the two targets at above,,
Also, In the bearish scenario, if the bottom of the pattern is broken, we will go down to the target at the below.
follow me to see more analysis and please help me with your comments!
Nearly DepressingAs a NEAR holder I hope this doesn't play out, but I've charted what I consider to be a "worst case scenario" and I'll ask myself, if this happened, how would I play it?
NEAR is a simple, scalable, and secure blockchain platform designed to provide the best possible experience for developers and users, which is necessary to bridge the gap to mainstream adoption of decentralized applications. NEAR is completely carbon neutral as certified by South Pole.
Unlike other blockchains, this network has been built from the ground up to be the easiest in the world for both developers and their end-users while still providing the scalability necessary to serve those users. Specifically, NEAR is designed to make it easier to: Build decentralized applications, even if you're only used to building with "traditional" web or app concepts. Onboard users with a smooth experience, even if they have never used crypto, tokens, keys, wallets, or other blockchain artifacts. Scale your application seamlessly - the underlying platform automatically expands capacity via sharding without additional costs or effort on your part.
📈Near: Bearish Rejection at Weekly Resistance✅🔍Today's analysis focuses on Near, which experienced a rejection from the weekly resistance at $8.39 on the first day of the week. The rejection candle engulfs the previous three candles, indicating strong resistance. However, it's noteworthy that the volume of the rejection candle is lower than the preceding candle, suggesting significant resistance despite a surge in buying volume failing to breach the resistance barrier.
🌪Since March 11th, Near has been consolidating within a range, with the weekly resistance at $8.39 and the support at the 38% Fibonacci level. Both levels exhibit considerable strength, but a preference for a downward correction is apparent from the price action, given the dominance of red candles, potentially stalling the upward momentum. Nonetheless, the weekly and daily trends remain bullish, capable of easily reversing the sentiment on the 4-hour timeframe if the resistance is breached. Therefore, vigilance is required to avoid missing out on potential gains.
📉For short positions, the 38% Fibonacci level serves as a trigger, but it carries significant risk, necessitating careful risk management. Quick profit-taking is advised if the level is breached, as it may signify the beginning of a market downturn, with sellers yet to fully assert their control.
📈For long positions, awaiting confirmation within the golden Fibonacci zone or entering after the $8.39 resistance is breached is recommended. Moreover, if the RSI can break above the 62.69 resistance and the price overcomes its weekly resistance, targeting $13 becomes plausible, potentially offering a risk-reward ratio of 10 with prudent stop-loss placement.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2.
NEARUSDT can ascend further!Hi.
BINANCE:NEARUSDT
😊Today, I want to analyze NEAR for you in a WEEKLY time frame so that we can have a Mid-term view of NEAR regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
NEAR is testing the s/r zone on weekly timeframe🤔
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
NEAR 16/03/2024The potential levels are on the chart. We are currently filling the daily imbalance if we stay above this level weekly chart will close above the red box. However, if we go down, the important levels are 4.77 and 4.028
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.
Near-bullish idea on a weekly TFNear-bullish idea on a weekly TFNear-bullish idea on a weekly TFNear-bullish idea on a weekly TFNear-bullish idea on a weekly TF
NEAR/USDT 12/03/2024Near broke our last resistance level. I have changed my game plan. Now it can make 6.356 level as a support. in that case, it will reach to targets (9.82-13.18-20.59). If we see any deeper correction, we'll look for other entries. Now 6.35 is looking good.
NEAR INCREASE VOLUME TRENDThank you for reading this update.
NEARUSDT seems to have a new volume increase that could get a confirmation in the coming time frames.
NEAR is breaking outNEAR / USDT
While BTC starts to consolidate a bit
NEAR is interesting here , trying to push against BTC and make a breakout
Place it under your watchlist
NEAR USDT TO $12NEAR USDT TO $12
Long accumulation phase on daily timeframe that finally broke out.
A move like this could have potentially a lot of upside.
We saw the same with AVAX a few months ago, albeit on the weekly timeframe. And we played AVAX when it was under $10 to catch that megapump upwards of $40.
NEAR could go a lot higher, with $12 just being the first target.
Why $12?
The previous high on NEAR was sub $20. However, there was a lot less coins in circulation in 2022 when NEAR hit its previous highs. If we take the previous high market cap (12.5b) and use that with the current circulating supply, that takes us right at $12.
That's not to say that it can't go higher than $12, but just $12 should be the first target. Which can also see a possibly pullback. If we can get past $12 without any pullback, we could breeze through $15 and previous highs.
BINANCE:NEARUSDT BINANCE:NEARUSDT.P BYBIT:NEARUSDT.P BINANCE:NEARUSD COINBASE:NEARUSD KUCOIN:NEARUSDT MEXC:NEARUSDT.P OKX:NEARUSDT.P BYBIT:NEARUSDT BITGET:NEARUSDT.P BINANCE:NEARUSD.P KRAKEN:NEARUSD MEXC:NEARUSDT BINGX:NEARUSDT.PS COINBASE:NEARUSDT CRYPTO:NEARUSD
$NEAR W1 Chart IdeaWe might be seeing $12-$14 range for Near if BTC stabilizes and does not drag alts down.
Near Outstanding Opportunity Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 900 time the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target.
Near Sailing the Crypto Seas: A Strong Buy Signal Beckons!NEAR Coin: Short Fundamentals, Recent News, and Disclaimer
Fundamentals:
NEAR Protocol (NEAR): A Proof-of-Stake (PoS) blockchain platform focused on scalability, developer experience, and user adoption.
Launched: April 2020.
Market Cap: ~$4.5 billion (as of Feb 23, 2024).
Rank: ~#20 on CoinGecko.
Unique Features:
Sharding: Divides the network into smaller shards, processing transactions more efficiently and increasing scalability.
Human-readable smart contracts: Simplifies development for programmers.
User-friendly experience: Focuses on ease of use for both developers and users.
Recent News:
Feb 27, 2024: NEAR Foundation announces $100 million developer grant program to boost ecosystem growth.
Feb 21, 2024: NEAR integrates with Layer 2 scaling solution Aurora.
Feb 14, 2024: Circle announces USDC stablecoin launch on the NEAR blockchain.
Feb 7, 2024: NEAR releases roadmap outlining plans for further decentralization and scalability improvements.
Disclaimer:
This information is for educational purposes only and should not be considered financial advice.
Cryptocurrency investments are highly volatile and carry significant risks.
Do your own research before making any investment decisions.
Additional Notes:
NEAR price has seen strong growth in recent months, reflecting growing interest in the platform.
The recent news highlights NEAR's focus on developer adoption and ecosystem development.
It's important to be aware of the risks involved in cryptocurrency investments before making any decisions.
I hope this information is helpful! Please let me know if you have any other questions.
$NEAR Last resistance range and then new ATH!One last resistance range for NEARUSDT!
Please don't forget to take profit before $30
I'm expecting $50-60 range in the long run (even more let's see this summer for now)
