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NEAR / TetherUS

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NEARUSDT trade ideas

$NEAR - A few key areas to buy/sell. Long term bullish on this coin for my part. However, all are subject to corrections, near is no different. I seen a lot of pennant drawings on CT in early Feb, but none of the breakouts really bore fruit. The way I see it now is all this fuss was a huge flat+ low volume 5th, aimed at trapping as many bullish traders as possible before dipping down for what I predict to be a very deep ZigZag correction well under $2.00. I do, however, expect a significant B correction to the upside in the neighborhood of .5 fib correction vs A. This setup could take us well into April with a bounce in the $1.55 area.
Long
by FlokiCrypto
NEARUSDTNEARUSDT on the 6H is following its bearish trough, and needs a strong buying force to break the trough, in the region of 2,237. In its favor, it has the MM200 which drives the price up to its region at 2383; the RSI which is highly bought and the MACD bullish. On the 1H chart: RSI: indecision between buyers and sellers Brackets: : 2.062 / 20.52 Resistances: 2,101 / 2,116 NEAR in my view is a great promise for 2023, like Ethereum, the near Protocol employs sharding to ensure that nodes are not strictly necessary for its operation. This allows for infinite expansion of the system. Near Protocol could reach a market value of $40 billion if it continues to develop its network and encourage projects to develop within its ecosystem. Which is approximately 20 times the current level.
by ferulianov
need to see if can break out of the downtrend channelHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (NEARBTC 1W Chart) The question is whether it can break out of the downtrend channel and rise to around 0.00015311. ------------------------------------- ---------------------------------------- (NEARUSDT 1D chart) The question is whether it can hold the price above 2.399 and rise to around 3.198. If not, we need to see if it drops to around 1.964. Depending on which direction it breaks out of the downtrend, the trend is expected to continue. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto