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NEARUSDT trade ideas

NEARUSDT Potential: Predicting a 76% Rally🔅NEARUSDT recently broke above the wedge pattern, accompanied by breaching the long-term downtrend trendline. This move was followed by a significant transformation from supply to demand, evident in the market's response to these zones. 🔅The most recent pullback halted precisely at the 61.8% Fibonacci retracement level, highlighting substantial buying pressure at this critical level. 🔅The current indications heavily favor an uptrend continuation, setting the stage for an anticipated substantial 76% price increase in the coming weeks. As usual, we'll be sharing a comprehensive trade setup in our channel to capitalize on this potential opportunity.
Long
by CryptoPAMM
2
NEAR/USDT Analyzing Bullish Potential from Resistance ?👀🚀💎 Paradisers, let's turn our attention to #NEARUSDT as it showcases a notable trend. The asset is exhibiting signals that suggest a bullish continuation, having recently transitioned from resistance to a potential support zone. 💎 #NEARPROTOCOL recently faced rejection at the $3.826 resistance level, with market sentiment leaning towards selling. However, there's a strong likelihood of a bullish trend continuation from the support level at $2.664. If AMEX:NEAR maintains its momentum above this support, it could set its sights on the substantial resistance level at $5.278. 💎 But, as any seasoned trader knows, having a backup plan is crucial. If #NEAR fails to sustain itself above the $2.664 support, it may be time to consider Plan B. This alternative scenario might involve a bullish recovery from the lower support level at $5.278. Keep in mind, a breach below this level could indicate a shift towards a more significant downward movement. 🌴💰
Long
by MyCryptoParadise_Simon
1
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
Long
by taghadosi
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
Long
by learnfromfailure
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.
Long
by Trader_Nebula
📈 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
Long
by Richtv_official