NEARUSDTAnalysis of NEAR time form 4 hours
According to the upward channel drawn in yellow color and also the confirmations taken from the bottom and ceiling of the channel, it is expected that targets 1, 2 and 3 will be touched in case of breaking the ceiling of the channel. It is located exactly on the Fibonacci level of 38 and 23. The support in this area is strong and the bullish scenario is stronger. Paying attention to the loss of the price level of the channel floor and Fibonacci 0.5 is a must.
Technical analyst: Amir Hassan Salek
#NEARUSDT
NEARUSDT trade ideas
NEAR LONG IDEA (continuation of the altcoin analysis series)Near has been showing strength in the last couple of days.
Here are two scenarios I see:
Rejection of 1,555, hold above 1,177 and continuation up(200MDA + 100MDA) Do not do anything below that price
Target : 2.835 - 6
Continuation of growth to 2,344, return to the maximum to 1,613 and continuation up
Target : 6
The trend change is also shown on OBV.
In order for this to happen, you need retail that is optimistic
NEAR: DECEMBER 16, 2023Currently we are above the median line of the weekly OB, which is the dim red rectangle. The wick above the OB leads me to believe that further upthrust is on the cards. The market has been suffering from indecision for the past week, except for some assets. However, I believe we are going through a breather, which will lead to further upward pressure in the near future. This holds especially true for altcoins, such as Near, that are about to make an official exit from their accumulation range and make a move. The highs, I believe, will most probably taken out in case we flip 2.44. Any acceptance below 2.027 is a sign to get out of this trade for me. I am aiming for 3.443. Please share the idea if you find it useful.
📈 NEAR Protocol (NEAR) Spot Long Trade AnalysisAn analysis of NEAR Protocol (NEAR) suggests a potential spot long trade opportunity, emphasizing support, resistance, and risk management for strategic decision-making.
Key Considerations:
Entry Zone: The proposed entry zone for the spot long trade is between $2.17 - $2.27.
Take Profit (TP): The Take Profit (TP) level is set at the next area of resistance, ranging from $2.60 - $2.75.
Stop Loss (SL): Risk management involves setting the Stop Loss (SL) below both the range low support of $2.17 and the ascending support line, approximately at $2.05.
#NEARProtocol #CryptoTrading #RiskManagement
Near is the next BITCOINIm creating this to mark my prediction. I predict that Near is the next bitcoin. They recently created the NRC-20 which is simlar to the BTC BRC-20 and shortly after their was a major spike in activity that caused a massive 173k in profit from fees. This will only increase.
Currently, near broke out of its very long down trend, and really started to spike when the golden cross showed up. I've been watching near, it falls when BTC does, but it recovers faster and when BTC moves up, near moves up more than BTC does. Best time to buy is at $2.25, next resistance is $2.69, then $3.33.
If you dont panic sell, ignore the dips when btc moves, you will thank youself.
Near After closing the First Profitable Trade. Here is Second**NEAR Protocol (NEAR) Fundamentals**
* **NEAR Protocol** is a high-performance, scalable, and developer-friendly blockchain platform designed to empower the creation of decentralized applications (DApps) and facilitate the widespread adoption of web3. It aims to address some of the limitations of existing blockchains, such as low scalability, high transaction fees, and complex development processes.
* **NEAR Protocol** utilizes a unique sharding architecture, which allows it to process transactions efficiently and handle a large number of users without compromising performance. The protocol also features a developer-friendly toolkit, including a high-level programming language called Rust and a suite of tools for building and deploying DApps.
* **NEAR Protocol** has a growing ecosystem of projects, including decentralized exchanges (DEXs), social media platforms, and gaming applications. The protocol has also attracted a strong community of developers and users.
**Recent News**
* **NEAR Protocol** has been gaining significant traction in recent months, with its price increasing by over 150% in the past year. The protocol has also been featured in a number of high-profile partnerships, including a collaboration with the NFT marketplace OpenSea.
* **NEAR Protocol** is actively working on developing new features, such as a decentralized storage solution and an oracle network. These features are expected to further enhance the scalability and utility of the protocol.
* **NEAR Protocol** is also expanding its reach into new markets, with plans to launch a mobile wallet and a developer academy. These initiatives are expected to help the protocol attract new users and developers.
**Disclaimer**
Please note that I am not a financial advisor and this information is not intended to be investment advice. Investing in cryptocurrency is a high-risk activity and you could lose money. Always do your own research before investing in any crypto asset.
NEAR/USDT ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽♂️
Ascending channel + rsi overbought
🟠 EP 2.263
🔴 SL 2.445
🟢 TP1 2.065 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 1.896 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 1.717 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
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It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
NEAR/USDT approaching a local top?NEARUSDT analysis using the Unyx Data
Today we take a look at NEAR and its current state in the market:
- BRS: As usual let's get a feeling for the current temperature of NEARs price. We see that it is creeping up towards the over-heated zones 9 and 10 of the Rainbow Score, indicating that we should be ready to take some profits in the coming days.
- BSR: the Strength Reversion showed some sell signals in April (indicated by the red dots) as well as some buy signals in May (green dots). Currently the BSR hasn't triggered any sell signals, but as it is in an Overbuy state, this should happen any time soon.
- BUX: let's finally see what the BUX has to say. First let's take a look at the Oscillator (BUO). It clearly shows a change of trend as it is now moving more on the lower half of the oscillator, indicating that its indicators are mostly overbought. Taking a look at the screener (BUS) we see that in the Daily timeframe, all indicators expect the CCI are overbought. Looking at the smaller timeframes (1h and 4h), the overbought trend isn't much visible, but this will probably change over the day as the European and American markets wake up. On the weekly timeframe again, most of the indicators show an overbought state.
So clearly, NEAR isn't a buy right now, but if you have some in your bags it will soon be a good moment to take some profits. If you bought at the end of the summer, you should be in a profit of around 130%, depending on your average entry price.
Do you have some NEAR in your portfolio? If so, what is your next target price? Let us know!
Long-Term Price Analysis for NEAR Coin!#NEAR
The range we have been waiting for long-term spot buying for NEAR coin is between $1.415 and $1.32. When NEAR coin reaches the zone indicated as blue lines in the analysis, it will have completed a retest move to the trend support.
If NEAR coin initiates an upward movement from the $1.415 - $1.32 range, our target for the upward trend is the $2.20 region.
Our initial purchase for NEAR coin will be at the $1.415 level, and we are placing our second buy order at the $1.32 level.
NFA.