NEAR BUY SETUPIt has a structure that can pull back upwards.
The green area of the swap is a good place to take a buy/long position.
Fixing a 4-hour candle below the flip range will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
NEARUST trade ideas
NEARUSDTNEARUSDT was trading in descending parallel channel. The price was reacting well the support and resistance of descending channel.
Currently the price has given the breakout of channel 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 4.3.
What you guys think of this idea?
⬆️ I'm expecting an impulse breakout to $3.9! #NEARUSDT LONG #NEARUSDT from $3.7
30m TF. The NEAR coin is actively growing and has currently formed a compression near the horizontal resistance level. The daily trading volume has been increased to 300 million. The local trend is upward (noticeably by the loyalties rising over the last day), which indicates the dominance of buyers. The basis for entering the transaction will be trading below the level, purchasing activity and, as a result, an impulse breakdown with the withdrawal of liquidity.
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NEAR/USDT preparing for upward momentum? 👀🚀NEAR Analysis💎Paradisers, take note of the current trend in #NEARUSDT, which is indicating a likely bullish continuation from its current demand zone.
💎 NEAR Protocol recently experienced a decline after facing rejection at a strong supply level. Currently, it's gathering momentum in the demand zone at $2.877. If it can maintain momentum above this level, there's a considerable probability of an upward movement, targeting the higher supply level at $4.483.
💎 However, if #NEAR encounters difficulties in sustaining above the $2.877 demand level, a strategic reassessment may be necessary.
💎 In such a scenario, we would shift our attention to a possible bullish ascent from a lower support level at $2.289. Keeping a close watch on this level is crucial, as a drop below it could necessitate a strategic shift, underlining potential obstacles in maintaining a bullish trajectory in the #NEAR market.
For this best zone (NEAR)📊Analysis by AhmadArz:
back to break of trendline & candle of bullish.
🔍Entry: 3.66
🛑Stop Loss: 4.48
🎯Take Profit: 3.80 -4.48
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NEAR - 1D Buying OpportunitySelling pressure for Near coin has eased, and a majority of sellers are now closing their positions in this area.
Furthermore, the price hasn't managed to reach significantly lower lows, indicating weakness among sellers.
In my view, the price of Near is poised to increase in the near future, potentially rising at least as much as the last pullback.
NEAR/USDT currently advancing towards a crucial resistance area!💎 NEAR has been garnering considerable attention in the market and is currently advancing towards a crucial resistance area. For NEAR to confirm its midterm bullish trend, it's essential to break through this resistance. A successful breach of this barrier could set NEAR on a path towards our targeted bearish OB area.
💎 However, should NEAR struggle to sustain its upward trajectory and instead revert to the demand area, its probability would indicate the need to gather new momentum for another push upwards.
💎 In the demand zone, a robust response is critical for NEAR. NEAR needs to demonstrate a strong bounce and attempt to break through the resistance again to continue its ascent. Failure to show a significant recovery in the demand area, especially if it leads to a breakdown below this level, could signal a reversal to a bearish trend. Such a development might result in NEAR moving towards a more substantial support area.
Will Near Protocol ($NEAR) Gain More Momentum?
From October 15, NEAR has soared by 350%, hitting a local peak at $4.62. With its all-time high still 400% above the current price, NEAR retains significant upside potential.
It's trading within the support range of $3.34-$3.63 and facing resistance at $4.29-$4.62. Overcoming the psychological barrier of $4 is key for further growth. If the trend gains momentum, NEAR might test the $5 level.
The potential for a NEAR correction is also notable, with lower support levels at $3.2 and $2.75-$3.04. Further declines will depend on BTC's behavior.
Near retracingNear has printed a head and shoulders pattern on its path to establish support after a delightful Santa rally to ~ $4.62. If the $2.51 level holds we are going to have another leg up to $4.60 +. Fib extensions into resistance could be $4.80, $5.09, or even $7+. It may bounce up from one of these lower fib retracement levels and not go very deep. It may turn around well before $2.51.