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NEAR / TetherUS

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NEARUSDT trade ideas

$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!!
by CryptoHolix
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)
Long
by KingCryptex
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.
Long
by CRYPTO_SETUP
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.
Long
by MyCryptoParadise
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.
Long
by MyCryptoParadise_Simon
Near is just getting started, look for short squeezesNear is just starting (look at the yellow circles) in its long bull run. It might have gone up 200%, already, but doesnt expect it to give back much. Once shorts realize its not worth the risk they wont bother. Based off nears past performace near can easily go 500% without any big pullback, thanks to low liquidty and short squeezes from shorts who think this is a good coin to short simply because its up 300%. I wanted to post this to be able to look back and see if past performaced turned into future performance with Near. Looking foward to seeing how far this can go.
Long
by buster84
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