#NEARUSDT T: F - 3 Hours#NEARUSDT is going through a sideways move trading at $3.88
#NEAR has successfully broken above the downward Trend Link at $3.244 on February 12th and since then has re-tasted the trend link SUPPORT zone at $3.143 and has shown us formation on new Higher Lows.
Advancing the pair might face a minor Resistance at $4.343 where some short-of-profit booking is expected, once this level is broken #NEARUSDT could try to reach the level of $4.690.
In the Short Term, LONG ENTRY is possible.
DYOR
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NEARUSDT trade ideas
🚀📈 NEAR Price Analysis📊 Price Movement:
Current Level: NEAR is still at the top of the range support level of around $3.00.
💼 Trading Plan:
Entry: Consider entering around the support level.
Take Profit Areas:
$3.80 - $4.00
$4.60 - $5.00
Stop Loss: Set just below $3.10 for risk management.
🔄🔍 Note: Keep a close eye on the price action and adapt the plan accordingly. 📈💹
#NEAR #CryptoTrading #PriceAnalysis 🚀📌
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!
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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 Protocol Price TargetWith the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market.
Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies.
As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm.
This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days.
My Price Target for NEAR Protocol is the next resistance, $3.40.
near/usdtWe previously discussed NEAR/USDT and its potential gains. Since our last post on( December 14), NEAR has surged by over +50%. Now, we're presenting another opportunity to enter #NEAR with a potential of 4000% using 10x leverage.
Entry Range: $2,162 - $3,266
stoploss: $0.93
Take Profit 1: $5,764
Take Profit 2: $10,425
Take Profit 3: $16,231
NEARUSDT OPEN NEW CYCLE PEROID DEPENDING ON THIS STUDY $12Thanks for reading this update.
NEARUSDT seems to open a new cycle trend, this cycle trend can give NEARUSDT an unexpected break. we see that some positions are confirmed for the trend.
We did expect before in the same way the Cylc increase of BTC.
know that Cycles entering with building positions, and we did scan some of them.
Let's see how this will affect the price action soon.
For the day trading time frames, we checking NEARUSDT for 18%+ trend
Soon more updates.
This will stay a prediction depending on our data, and not trading advice.
This is our view, which means not that you should follow it. trade only depending on your plan.
here will be soon updates, the same as BTC did get updates to 48K.
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 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.