Short NearusdtBearish Indications:
LLLH
Bearish engulfer candle from resistance.
Broken support
AB=CD pattern can complete if it hits the projection.
Trade Plan Bias Short@ 2.419-2.410
SL 2.497
TP1 :2.345
TP2: 2.307
NEARUSDT trade ideas
$NEARUSD: Trend signalDecent retrace after triggering a trend breakout here, risk down to $2.49 here. Upside to over $3.12...
Best of luck!
Cheers,
Ivan Labrie.
Near. Daily analysis.Let's consider the price movement on a daily timeframe. The coin has broken out of a downtrend, pierced a sloping trendline, and approached the $2.8 resistance, forming something similar to an ascending triangle. The 200-day moving average also serves as a fairly strong resistance level. The idea is to look for LONG positions after the resistance is broken and the price is sustained above these levels. Why LONG? It's all quite simple, really. If we open the monthly chart, the price is currently within a range of favorable prices. The peak growth reached around $20. The price is currently at $2.59. There is potential. The deal is spot. We are watching the events unfold. Thank you for your attention.
short NEAR$NEAR broke through the ascending trendline. Decline to support level at 2.28$ is likely to happen.
✅TS ❕ NEARUSD: trading in range✅✅ NEAR moves in the range.
The chart reacted by moving downwards to reach the resistance area.
I expect further decline. ✅
🚀 SELL scenario: short to the support area. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
NEAR USDTNEAR USDT BUY/LONG idea
harmonic setup on H1.
with confluence of SMC and price action (cup adn handle) on 1D.
details on chart
NEARUSDT is loading?NEARUSDT is currently testing the 0.382 Fibonacci level after a clear bullish impulse from a rounded bottom pattern, as previously indicated.
The market is now testing the 4-hour support inside a falling wedge formation, which is a bearish reversal pattern that is characterized by a tightening of the price range over time.
The falling wedge pattern typically signifies a loss of bearish momentum and an upcoming trend reversal, but new liquidity is needed for the market to continue its bullish movement. If the market does not receive the necessary liquidity, a bearish impulse could ensue, driving the price down to the 0.5 Fibonacci level.
However, the scenario is invalidated if the price loses the 1.8$ level, which serves as a key support.
On the other hand, if the price creates a clear breakout above the falling wedge pattern, according to Plancton’s rules, traders may consider opening a new long position, as this could signal a continuation of the bullish trend.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
Fast short on NEARFast short on NEARUSDT. The idea that we do not update pre high. And now we should to test pre low. Will see...
DOW analysis says it is bullishThe trend is bullish, According to DOW analysis New Higher Highs and Higher Lows are printing continuously. 2 entries at the same level but with different Take Profits.
NearUSDT great long with r/r = 1:25There seems to be an ended correction, bounce off the level and trend line; on a wider view there is one of the Most bullish patterns - the Livermore's Cylinder.
NEAR Coin : Technical Rebound in short-medium term?NearCoin's main trend is still bearish , but we do not rule out some interesting corrective moves in the near term. If our analysis is correct, it might be interesting to accumulate on corrective swing and let Long positions run to 3.00 area.
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖
NEARUSDT | RANGE IN PLAYNEAR has been trading with in the range since 1 month.
The price has made multiple time to break on either side but get rejected.
Now the price is trading near the lower side of range.
The bulls will take control from here
Trade your levels accordingly
