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
NEARUST 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
NEAR Protocol Price Analysis 4 Hour Chart STRUGGLING!! >?Hey guys NEAR PROTOCOL has recently broken out of its ascending trendline and is now testing the waters of some lower areas of support shown here.. Could it Hold this area of SUPPORt OR Will NEAR head to the DOWNSIDE??
What do you guys think?
BINANCE:NEARUSDT
✅TS ❕ NEARUSD: inverted hammer✅✅ NEAR dropped below the range.
The price confirmed the support area as a mirror resistance area.
I expect the price to continue to decline. ✅
🚀 SELL scenario: short to 1.962. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
NEARIdea: The price is in the 200 EMA support zone on the 8 hour chart. Breakdown of this level will lower the price to the next support level - $1.96. The price will rise to at least $2.27 in case of a bounce up
Overlooked NEAR looks like a good entryThis one has not broken out of its low range yet, looks like a prime entry here. Longer time frame than most of my plays. maybe.
down trendDue to the breaking of the trend line and the strong bearish candle, the future goals are reachable
⚠️ This Analysis will be updated ...
👤 Banipal : @hosseinbakrani
📅 02.12.2023
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Analysis on NEARUSDTBulls
1)HH and HL
2)Bullish Engulfing candle
3)Horizontal support at 2.207
4)ABCD Reversal pattern
5)Price breakout from the falling resistance level
Bears
1)falling resistance
Trade Plan 1:taking a long trade as price has broken from the resistance level
Trade Plan 2:
Will take a short trade if price breaks out from the Horizontal support level
NearUSDTI am personally not interested on long position here,
It obviously could not break trend line and its re-testing its crucial support levels for continuation,
But remember, as soon as it breaks it, my target will be around 5!
So I will keep an eye on it for potential long entry.
