NEARUST trade ideas
#NEAR/USDT
#NEAR
The price is moving in a descending channel on a 4-hour frame. The price is moving within it and adhering to its limits well, and it has just been breached to the top.
We have a major support area at Saad $6
We have a higher stability moving average of 100
We have an uptrend on the RSI that is about to bounce back
Entry price is 6.80
The first goal is 7.50
The second goal is 8.07
the third goal is 8.67
NEAR Long Trade Idea๐ BUY Signal Alert! ๐
๐ Ticker: NEAR / USDT
๐ Market: Crypto
๐ Side: Long
โฑ๏ธ Type: Swing Trade
๐ฏ Entry: 6.941
๐ Stop Loss: 6.322
๐ฅ First Profit Target: 7.743
๐ Final Profit Target: 7.962
The CHAMLEO FORGE model is managed by experienced traders to identify potential movers for each day.
The signal provides a suggested stop loss price based on calculations that the movement may no longer be valid. It also provides a first suggested level for realizing potential profits, indicating that there is a resistance level just beyond this price that may cause the asset to stop and possibly reverse. If this level is surpassed, there is potential to achieve possible profits at a price better than the first profit level, allowing the possibility of extending potential gains.
NEAR ANALYSIS๐ด #NEAR Analysis :ย โโ
๐ฎThere is a formation of "Bullish Pennant Pattern" in #NEAR in 4hr time frame. We can expect around 25% bullish move if the price closes above the 7.400๐๐
๐ฐ Current Price: $7.087
๐ฏ Target Price:ย ย ย $9.034
โก๏ธWhat to do ?
๐Keep an eye on #NEAR price action. We can trade according to the chart and make some profits. โก๏ธโก๏ธ
#NEARย #Cryptocurrency #Breakout #DYOR
NEAR/USDT Potential Rally For a Breakout | ๐๐NEAR Analysis ๐ Paradisers, all eyes on #NEARUSDT ! Itโs tracing a path within a symmetrical triangle, bracing for a breakout that could set the stage for a bullish rally.
๐If #NearProtocol momentarily falters at the triangleโs edge, we anticipate the next rally from the $6.03 support line. This zone is a magnet for action, historically sparking impressive climbs with its vibrant trading activity.
๐This will be a critical juncture. If we slip below $6.03, brace for a dynamic rebound from the $5.09 frontier. A dip here might unleash market forces, but weโre ready to ride the wave.
๐Paradisers, stay poised and proactive as we navigate the unfolding epic of #NEARโs market journey.
Near/Usdt Plan The NEAR/USD price is currently breaking out of the trendline resistance on the 4-hour time-frame. In the event of a successful breakout, I anticipate a significant bullish movement happening soon. Please note that this is not financial advice, so make sure to do your own research (DYOR) before making any investment decisions.
Near near term. Fibonacci extension levels.Fibonacci extension levels.
There may be a last drop, but i think the rise will continue afterwards.
* What i share here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose all your money.
NEARUSDT / Short / 27,04% (4x Leverage) / DT failing supportStrategy: Short
Entry: 6,74600
TP: 6,29000 (6,76%)
SL: 6,97500 (3,39%)
Decision Making process:
Subtle RSI bearish divergence
EMA crossover
Double Top bouncing off resistance and failing support
Support retested
General (BTC) bearish market
๐๐ NEAR Support Breakout Trade Setup ๐๐๐ Analysis:
Strong Support: NEAR has rebounded from the support level at $6.43, indicating strength in this area.
Confirmation Needed: Conviction will increase with a clear break above $6.80 and sustained holding above this level.
Laddering Strategy: Plan to enter the trade gradually, starting with minimal leverage and increasing as key resistance levels are surpassed.
๐ Trade Plan:
Entry: Initiate laddered positions once NEAR breaks and holds above $6.80.
Target: Aim for a target of up to $8.80, with potential for further upside.
Risk Management: Start with minimal leverage and increase gradually as NEAR surpasses crucial levels. Set stop-loss orders to manage risk effectively.
๐ก Note: Monitor price action closely for confirmation of bullish momentum and adjust strategy accordingly. ๐๐ฐ #NEAR #SupportBreakout ๐๐
NEARUSDT- Bearish outlookThe crypto pair NEAR is making LH and LL forming a bearish trend. The crypto have given fakeout along the way but look like the bull are not ready to charge. The pair made a bearish divergence along with a bearish engulfing, showing confluence near its recent High. Trade setup is a sell opportunity with Entry price, SL and TP mentioned.