NearusdtI see the weakness of the trend in the near, from the same area when it reached $6.80, it was clear that it only wants to collect the high liquidity and dump it.
NEARUST trade ideas
NearusdtUnlike Bitcoin, near respects all block orders, it is not like Bitcoin According to the previous position, I had taken the near sale I am waiting to buy now Target $9
Important section: 6.974-7.700Hello traders!
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(NEARUSDT 1M chart)
The box section of the HA-High indicator spans a fairly large range.
Accordingly, I think it is highly likely that there will be significant volatility until the box section of the HA-High indicator converges.
Adding the EMA indicator to a secondary indicator can help predict the movement of the secondary indicator.
In other words, adding the EMA indicator of the BW indicator or StochRSI indicator can help predict future movements.
For example, if BW < BW EMA, you can know that there is a high possibility of a decline in the future, so you can have time to react.
Therefore, even if the BW indicator is located at the highest point of the overbought range, this means that there is still time to change to the state of BW < BW EMA.
StochRSI indicator Also, although the StochRSI indicator is showing signs of turning downward in the overbought zone, you can see that there is time to reach a state where StochRSI < StochRSI EMA.
Therefore, adding the EMA indicator to various auxiliary indicators may be advantageous for interpretation.
(1W chart)
It received support and rose near the HA-Low indicator and is continuing a stepwise upward trend following the HA-High indicator.
This is the last time to buy at the low point until the box section of the HA-Low indicator is formed and the price rises above the upper point of the box and appears to be maintaining the price.
However, when the HA-Low indicator is supported and rising, it is actually not easy to proceed with the purchase.
Full-fledged buying occurs when it receives support near the HA-High indicator and begins to rise.
This is when the upward trend begins to become evident.
In this case, if the M-Signal of the 1W chart > M-Signal of the 1M chart, you will be able to have more confidence in purchasing.
If the upward trend continues, the box section of the previous HA-High indicator will be reached.
The box range for the previous HA-High indicator is 10.029-17.430.
Therefore, it is highly likely that you will have difficulty breaking through this section upwards.
If it receives resistance and falls near 10.029, there is a high possibility that the HA-High indicator will be created again, so it is important whether it can receive support and rise near the HA-High indicator at that time.
(1D chart)
The key is whether it can receive support around 7.369 and rise above 8.581.
If not,
1st: 6.974
2nd: 6449
3rd: 5.8-5.947
You need to check which of the 1st to 3rd levels above you receive support.
Receiving support around 7.369 means receiving support in the psychological volume profile section, so there is a high possibility of creating a new trend.
However, if it falls without support, there is a high possibility that selling pressure will increase, so caution is required when trading.
Since the M-Signal indicator on the 1W chart is passing around 5.8, the support range is around 5.8-5.947.
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- Check if it can be supported and rise near the BW indicator (7.294) on the 1M chart.
- Check if the HA-High indicator can rise above the box-top point (7.700) on the 1W chart.
- Check whether support can be found in the psychological sell-off range (6.974-7.322) on the 1D chart.
Therefore, the current price position, that is, support in the 6.974-7.7 range, can be said to be an important key.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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NEAR LOOKS BEARISHnear has a bearish structure. Price is constantly respecting supplies and creating lower Ls.
If the price returns to the red range, we will look for sell/short positions in this range.
Note that the green range is a strong support range!
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Daily trading plan for BTC SOL Near 09/05/2024please review and leave a comment for daily trading plan for BTC, SOL, NEAR
NEARUSDTWe can attempt to short NEARUSDT from specified level as it break HL , trendline support , also there is bearish divergence indicate that it move downward .
SL , TP mention in chart.
NEAR PriceThe NEAR Protocol (NEAR) price failed to overtake the round mark of $8 and faced sharp rejection, leading to an intraday cut of over 7%.
NearusdtAccording to the liquidity that near collected, it can easily generate good sales, it cannot go up and its only purpose was to collect stops and risk frees. You only need my previous analysis
NEARUSDTWe can attempt to short NEARUSDT from specified level if it break HL , trendline support , also bearish divergence occur indicate that it move downward.
SL , TP mention in chart.
AB=CD Pattern in NEARUSDTA harmonics pattern has formed in NEARUSDT in the presence of divergence which indicates that a reversal is likely.
Near Good Long Opportunity Longed the retrace here at 7.250.
Pretty solid RR if holds here and make it a retest of the FIBs here.
Stopping if holds under or smash 7.100.
Holds and easy target of 9 and 10.
Note: Not a Financial advise.
NEAR - Hold on tightFantastic narratives around NEAR and fantastic chart. Is it an AI coin - i guess so but I don't even know what that means. Anyway, it has high development activity (one of the few). In the chart - we've ABC'ed and found support at the .236 (beautiful). We continue up hard during the first alt season but be prepared for a daunting correction before we make a final run - that if equities don't collapse. This coin is one of the few that has the potential to reach the 4.23 EXT of its marketcap.
Near Protocol NEAR Intraday Trade SetupThe chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity.
📈 NEAR: Capitalizing on Bullish Momentum🚀🔍Let's delve into today's analysis. Weekly candlesticks closed yesterday, revealing compelling entry points for some altcoins. Even Bitcoin displayed a robust candle, indicative of buyer strength. Given the current market dynamics, it seems logical to consider adding Bitcoin to our portfolios. However, after thorough research, I've identified an altcoin that presents a relative uptrend to Bitcoin. In a market poised for upward movement, this altcoin is likely to outperform Bitcoin, offering greater potential returns.
💎The coin in question is Near Protocol (NEAR), a native coin of the Near Protocol blockchain. It boasts a robust project, making it a worthy addition to your bull market portfolio. Our previous entry point, as per our strategy, was a breakout above $3.823. While I didn't provide the detailed analysis then, it's crucial to stay vigilant for such entry opportunities. Since our entry, NEAR has delivered nearly 100% profit, doubling our investment.
⚡️A popular strategy suggests selling half of your position when your investment doubles, allowing you to secure profits while letting the remainder ride the market's ups and downs. However, I have a different approach. I firmly believe in holding onto my investments until Bitcoin surpasses $40,000, as I anticipate a bullish future for altcoins. These coins have the potential to multiply several times over, significantly increasing your capital.
📈Now, let's delve into the technical analysis and understand why NEAR should be part of your portfolio. On the weekly timeframe, after bottoming at $1 in October 2023, NEAR began its upward trajectory, witnessing a remarkable 600% growth. Yet, its potential extends far beyond these figures. Following a crucial resistance breakout, we're witnessing an influx of buying volume. Last week's candlestick, consolidating above the SMA7, signals strength and potential for further upside.
✅Moreover, the RSI indicator has exited the overbought territory, presenting an opportunity for a third bullish wave. With these insights and prudent capital management, now may be an opportune moment to enter a long position. For risk management, consider placing your stop-loss below $5, or even $4 for added security. As for targets, $17 presents a conservative estimate for Target 1, with potential for further gains upon its breach.
NEAR USDT LONG PHEMEXNear has more utility than BTC. Currently top
20 Cryptos with a megaCap of 5.3 Billion. it will rise quickly. 4 targets listed
The astronomical chance that YOU exist are nearly nonexistent. Use that and live your best life! You'll love yourself for it
Near protocol NEAR price finished its correction?Today, we'll talk about the prospects for #NEARUSDT price movement
The last time we wrote a medium-term forecast for Near's price movement was 4 months ago.
The forecast was $3.70 ↘️$2.50 ️↗️ $10, and the current high was $9
Come on, admit it, who started selling AMEX:NEAR before the target ?)
When the correction began, we made an estimate of where it would be interesting to buy #Nearusd - $3.85 - $4.50.
The price has already squeezed there, and to be honest, we would not want to see NEAR below $4.
And if you look at the current chart of NEARUSDT on the 12-hour timeframe, you will see 5-6 "shadows" from the bottom, which means that the coin is being bought back.
Our medium-term targets for the Near protocol token price are $10 - $13 - $15.50 - and ATH = $20
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Near look good to Long Clear Uptrend: The chart shows a clear uptrend, indicating upward price movement.
Parallel Channel: Price action is within a parallel channel, suggesting a structured trend.
Phases Identified: We can observe phases of Accumulation, Manipulation, and Distribution.
Distribution Phase: Near is currently nearing the retest of the distribution phase.
Entry Opportunity: Consider entering long positions around $5.8 during this phase.
Targets: Potential targets for this trade are $7.6, $12.49, and $21.750.
Invalidation: If the price breaks below the channel downside and closes a daily candle below it, the setup is invalidated.
FOMC Meeting: Keep an eye on today's FOMC meeting as it could influence market direction.
NEAR PriceThe Near Protocol (NEAR) has overtaken the round mark of $7 and has displayed a falling wedge pattern breakout on the charts.
NEARUSDT.P | LongIt is about to enter a range that can be evaluated through near spot. Our orders may come with BTC's possible Monday low determination.
Near AgainNear Again ,,,Any breakout for triangle & trend drawn above, We'll see another explosion of the coin...lets watch
🔍📈 NEAR Trading Strategy 📉📊Market Observation:
Monitoring BTC's proximity to the $60,000 resistance, which could influence altcoin movements. NEAR is currently at a support level, presenting a potential long opportunity.
Trade Setup:
Ladder into a long spot trade within the current trading range or $5.75 - $6.20 support area. Alternatively, wait for BTC to break through $60,000 before entering.
Take Profit: Target next resistance areas at $7.40 - $7.75 or $8.45 - $9.00.
Stop Loss: Just below $5.58 to manage risk.
Risk Management:
Use a stop loss below $5.58 to limit potential losses.
📈💡 Trade Strategy Rationale:
Anticipate a bullish move in NEAR from the support level, with profit targets aligned with resistance levels.
🔄📊 Stay updated on BTC's movements for trade entry adjustments! #NEARTrading #CryptoAnalysis 🌐🚀
#NEAR looks promising for the long term!NEAR is forming this huge bull flag.
For the long term, this seems like a solid choice. Its strong tokenomics and competent team make it a promising asset. The chart indicates the potential for significant growth in the next few weeks.
It may drop to $4.3 support, which is a very strong support, but there is one more support at $5.
So consider adding more if it drops below $5 to $4.3.
Remember to do your own research.
NFA
