NEAR Protocol start to rise!Near protocol a solid in fundamentals coin, is breaking a static channel on a weekly timeframe 2.5$ / 2.8 level , giving the possibility to go towards the 6$ and 12$ level in medium long term as possible potential targets.
We are watching a lot of those growth coins to rise in momentum, and breaking stage 1 after long static periods.That's a clear signal that we are near to a possible bullish sector sentiment.
good trading.
NEARUST trade ideas
NearUSDT mid term targetLooking at the daily chart of NearUSDT it clearly shows us that near coin is at a very low point. It has a potential to get to the price of $6 in a mid term time period. Currently it is trading at 2.91. If you want to take risk then buy 25% of Near on current price. Looking at the BTCUST position it is prominant that BTC will come to atleast 38K, then we will get an oppertunity to buy NEAR around 2.30--2.45. Buying in this range is absolutly a bargain price.
Near is just getting started, look for short squeezesNear is just starting (look at the yellow circles) in its long bull run. It might have gone up 200%, already, but doesnt expect it to give back much. Once shorts realize its not worth the risk they wont bother. Based off nears past performace near can easily go 500% without any big pullback, thanks to low liquidty and short squeezes from shorts who think this is a good coin to short simply because its up 300%.
I wanted to post this to be able to look back and see if past performaced turned into future performance with Near. Looking foward to seeing how far this can go.
NEARUSDTNEARUSDT was trading in descending parallel channel. The price was reacting well the support and resistance of channel.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 3.600
What you guys think of this idea?
NEAR ALALYSIS💥💥#NEAR Analysis 🚀🚀
🔮As we can see that #NEAR was trading in a Falling Wedge and there is breakdown of the channel and also the breakdown of trendline. We can see a fall in #NEAR. 💸💸
👀Current Price: $2.678
🚀 Target Price: $2.096
⚡️What to do ?
👀Keep an eye on #NEAR price action and volume. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#NEAR #Cryptocurrency #TechnicalAnalysis #DYOR
Update NEARUSDT 4HI want to provide an update on my analysis of the NEAR/USDT pair. The trade has been executed and is still active; the current entry point is now at 2.
You express hope for price appreciation in the coming days, even in the face of a potential correction. Good luck with your trade, and feel free to reach out if you have any further questions or updates. Happy trading!
NEAR ($NEAR): Technical rebound in mid-termTrend is still bearish on daily and weekly chart, but at the same time we do not exclude an interesting technical rebound in mid-term. In this analysis we just wanted to share our view and how it could develop (Impulsive Structure), for more details on support and resistance levels, visit our Blog. With this in mind, from a technical point of view, AMEX:NEAR still remains under pressure, so we do not rule out a bearish consolidation before a price recovery.
🔴 TRADING STRATEGY
The best strategy may be to accumulate long positions on weakness (by the dip) with small sizes.
🔴 RISK MANAGEMENT
Use only the portion of assets willing to lose (1%/2%)
Analysis by
Anonymous Banker Team
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The Reversal is NEAR 🏹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NEAR has exhibited an overall bullish trend , trading above the red trendlines zone.
At present, NEAR is undergoing a correction phase and it is currently approaching the red trendline acting as a non-horizontal support.
Moreover, it is retesting a strong demand zone marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand and lower red trendline acting as a non-horizontal support.
📚 As per my trading style:
As #NEAR approaches the lower blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NEAR Protocol - LONG NEAR Protocol - LONG
Plan for Near protocol which has been trending for the last few weeks & has a resurging ecosystem. It is bringing as AI initiative and is one of only 4 coins with a 'Data Availability' category on Coinmarketcap alongside - NOIA, TIA & SYS. imo its an ecosystem to keep a close eye on esp with the Co-founder being an integral part of ChatGPT 'Transformer' technology.
NEAR/USDT TRADE SETUP! #NEAR:
Entry Point:
Buy at CMP: Consider entering the trade at the Current Market Price (CMP), taking advantage of the current market conditions.
Additional Entry: Be prepared to add more positions if the price drops to $3.34. This level is identified as a potential strategic buying opportunity.
Target Prices:
Set specific target prices at $3.52, $3.6, $3.78, $4.01, and $4.2. These levels represent potential profit-taking points as the price moves upward.
Stop Loss (SL):
Set a stop-loss at $3.236. This level is chosen to limit potential losses and effectively manage risk.
Leverage:
The recommendation advises maintaining low leverage and entering the market at the lowest possible price. It suggests a gradual entry approach and encourages traders to avoid sudden decisions. Using leverage cautiously is crucial to minimize risk.
Cautionary Note:
Reminds traders to do their own research (DYOR) before making any trading decisions. This reinforces the importance of conducting personal research for informed decision-making.
Includes "NFA" (No Financial Advice), emphasizing that the provided information is not a recommendation for financial decisions.
In summary, the recommendation outlines a trading strategy for #NEAR, providing specific entry points, target prices, and a stop-loss level for risk management. It emphasizes caution with leverage, gradual entry, and the necessity of conducting personal research. As always, the information is not financial advice.