NEARUSD.P trade ideas
(NEAR) Where are you going to ? 📈 📉Hello everyone !
Today H₿ Capital is analyzing NEAR based on a « Weekly » chart 📈
What we can see :
- Since October 2020 until now, prices are progressing into a parallel channel. Right now Near is trading right on the upper line of this channel. It seems that 20$ is a strong resistance that Near must break to reach higher levels.
- By using the Trend based Fib extension, we can see that prices had difficulties breaking the 2.618 Fib Extension.
- We got a bearish divergence on the RSI
- The CHOP index tends to decrease which indicates a loss of strength
- Spreads are positive, it would be better if it became negative
What we can expect :
- If prices fail to break the upper line of the parallel channel (which coincides with the 2.618 trend based fib extension) then, we can expect Near to reach the following support levels :
Support levels :
1. 13$ —> 1.618 / 0,382 / Tenkan
2. 11$ —> Kijun / MM20
Best buying area :
1. 8,86$ to 5,64 $ —> 0,618 / 0,786
IF YOU LIKE THIS POST, FEEL FREE TO LEAVE A LIKE AND FOLLOW ⭐ H₿ CAPITAL ⭐
MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
NEAR Protocol shortNEAR Protocol broke trough off the support level. Asset broke trough off the lower boundary of ascending channel. Decline to support level at 8.3 is expected to happen.
Near A Top...Getting close to a top on this trending move, I have marked 2 likely areas where price should retrace to - I will update once the move becomes more clear.
NEAR: Short-Term Bull-Flag Target $23This is a very credible short-term Target in Near Protocol which is a very strong Layer 1 Project. I expect to see large upside in this over course of 2022 as well but there is a bullish short-term structure in this atm.
NEARUSD Price Action Looking StinkyWe got a Pseudo Bullish 3-Line-Strike with Bearish Divergences on the RSI and a bit of Tweezer Top action NEAR the PCZ of some AB=CD Patterns. I expect to see this go down towards the 10 dollars area in the NEAR future.
Here's a Close up on the 4 Hour 3-line-strike/tweezer top price action:
NEARGot a tip about the tech behind near protocol
Assuming we are at a crypto cycle top
And using the geometry of the chart
I'd be looking for buys around 7 and 13
But obviously if we go into a crypto bear
You'd have plenty of time to buy
NOT TRADING ADVICE
$NEAR set up$NEAR set up $NEAR set up $NEAR set up $NEAR set up $NEAR set up $NEAR set up $NEAR set up $NEAR set up $NEAR set up $NEAR set up $NEAR set up
NEAR - RSI range as buy and saleView on daily and 4 hr, use RSI range bound by two horizontal lines as buy and sale indicators to capture most of its significant pumps
NEAR Breakout of Triangle - LONG the retest!NEAR just brokeout of triangle formation with bullish momentum on the MACD.
Wait for retest of the top of triangle, the previous resistance and LONG.
TP and SL as shown :)
Feel free to share your thoughts and comments
NEAR +$20 soonAll the indicators are looking really good got NEAR.
Since more projects are coming in this protocol more adoption is being generated for NEAR protocol.
Blue LSM and Red RSI are about to cross and both above level 50 in most of the time frames.
Very good long term project
Appreciate the hard work and press like.
Happy trading,
Rafa
NEAR PROTOCOL TO $26 IN FEW MONTHSHey ! If you don't know about NEAR go now and open a wallet ! You will discover the real ease of use Blockchain ! wallet.near.org
This is 3rd generation blockchain with a big ecosystem of dapps !!! You can intercat easily, everything is doing WEB -> WEB3 and you don't need to download anything !!! Always your keys and the wallet address is legible, it is your username!!!
We, who understands this technology are here for the long run mate.
Take it easy, if you know what you are doing you won't be saying all that stuff...
Cardano, Doge coin, Shiba all of them are worthless... Still a lot of people don't understand the tech or the tokenomics and they are investing with poor choices.
Eventually, smart money will flow to the projects that have ecosystem.
Near is one of few... With ecosystem.
Plus ease of use, scalability, fast, low fees.. etc
-------------
Price prediction:
Near is in the top of an uptrend, it will continue to rise, and in few months well be around $26 USD. Right now, we are in the top of the uptrend so my price prediction is to stay on this level around $10 USD
#NotFinancialAdvise
NEAR - $24NEAR is trading above the support zone at $9.11. If it can stay above this support, we could start seeing a move towards $10.81, $12.07, $13.34, $15.15, $17.45 and $24.09. Failure to hold the support at $24.09 could lead to a drop towards $8.20, $7.83 and $6.70.
NearUsdt DailyHello friends, it is clear that the resistance has already broken the price of its weekly time frame, now the resistance in the daily time frame has also broken.
buy with respect to the loss limit, I think it will be profitable ... GoodLuck and dont forger to like me :D
Very Bullish EW Forecast.Appears to be in the early stages of wave 3 which should see prices stretch VERY high, Setup is very clean here and imo a high chance this actually does play out.
NEARUSDThello guys
as you can see in the chart NEAR was able to break the dynamic resistance line (marked in red) powerfully last week. and now it seems that price is going to test the intersection of broken resistance and bullish trend line(marked in blue).
this intersection zone can be a good place to buy(aiming for the channel's upside)
Near Protocol Price Analysis: ABC Pattern Calls for a Temporary Near Protocol (NEAR) cryptocurrency was among the few digital currencies that sustained a big rally while the cryptocurrency market underwent a massive sell-off. In Elliott Wave analysis, the ABC pattern is a 3-wave pattern where wave A and wave C are equal in length.
ABC Pattern
From October’s 2020 low through March’s high, NEAR developed its first leg A. The price correction going from March’s high through July’s low represents the second leg B of the 3-wave pattern. Based on the Elliott Wave analysis, the continuation higher within wave C can end anywhere between 100% and 1.272 Fibonacci ratios, which is between $8.84 and $10.83.
On the flip side, a lower correction will find the first level of support at $7.56, followed by the $4.11 level.
RSI Momentum
On the RSI oscillator, we have positive momentum readings above the mid-level 50. If we have a lower reaction and the RSI momentum readings remain above the 50 level, the bulls are expected to keep control.
A daily close below the considerable psychological number of $10 can signal that a correction is underway, at least in the short term.
NEAR/USD ForecastThe daily chart shows that yesterday’s melt-up lifted NEAR Protocol above a descending trend line at $6.90. This accelerated the buying, and as a consequence, NEAR cleared the previous all-time of $7.4500. This now becomes the first level of support, followed by the former trend resistance, now seen at $6.85.
How far can the rally take NEAR? Considering the performance against a weaker market backdrop, the price action is definitely positive. Although the parabolic nature of yesterday’s advance has left the market looking a bit stretched. The Relative Strength Index is extremely high, and its 80.10 reading may lead to a correction.
In saying that, as long as trend support holds, the NEAR protocol price looks good. Just how good is hard to say. That depends on how the broader market fares in the coming days. Personally, I think chasing this rally is risky until stability is confirmed.
However, that made no difference yesterday, and if the price manages to clear Tuesday’s $10.45 high, it could well extend even higher. However, a correction is more probable.
Feel free and get in touch for more updates, signals and trade alerts
NEAR - Ready to Run!Approaching Near All time Highs. All set to enter new ground.
Short Term Profit Target given.
NICE INVESTMENT ON 3th GEN BLOCKCHAINThe price action in NEAR has brought us to the ATH in this month of August.
It is evident that many parties have an interest in NEAR and this is observed by this price action.
We will no longer be far from the ATH. The most likely is a correction and accumulation in the intermediate levels of the fibonacci, which in turn follow the uptrend seen in the chart.
In turn NEAR is growing fast because its community is amazing.
OWS by itself is incredible, one of the communities that contributes to the growth of NEAR.
Right now NEAR is deploying CITY NODES and HACK NODES where events are taking place in accordance with HACKATONS, MetaBUILD hackatons are taking place right now.
NEAR also has a free course where it teaches developers to deploy and code smart contracts
Developers are even paid upon completion of the course.
NFT platforms such as Mintbase have moved from ETHEREUM to NEAR as the latter is much more efficient.
Among others we have finance dapps like REF Finance, bridges with ethereum like Aurora ...
One of the most amazing dapps is SputnikDAO, it is precisely the DAO that has allowed the community to grow rapidly and distribute funds wisely in favor of organic growth.
We are talking about a third generation Blockchain which allows to run dapps in a simple way while the user enjoys a pleasant experience when using the dapps.
The user only needs to log in, very, very easy.
There is room for everyone in the NEARverse, for those who bet with NEAR.bet for those who invest in Staking I tell you, NEAR is simple and provides constant income, now we have another opportunity to facilitate Staking with META a dapp that offers a service for immediate withdrawal of the frozen amount for said Staking
For those who like to play, we have Galaxy Online that reminds me of STAR WARS with a game model similar to the famous Clash Of Clans.
There is much in the future with this third generation blockchain, which is green, consumes low resources and transactions are immediate thanks to its technology that takes advantage of SHARDING.
SOLANA sounds, it went up, it is highly valued ... Still, I do not recommend it. It is inflated, if you check the solana forum there is no community, there is nothing, it is an empty shell. They are investing in it because it is a third generation blockchain platform ... But there is no one there to build ... NEAR is very similar but it has not yet capitalized, that is, even the amount of tokens multiplied by the price is very, very very low compared to SOLANA and technologically superior ... more in community then, there is no possible comparison. The NEAR community is a truly caring, caring and growth-focused community to help others develop, grow and ultimately create value for all.
If you are Spanish-speaking, search NEAR VENEZUELA on YouTube and you will find a free course developed by me and my team from Venezuela.
Good luck and take care.
NEAR PROTOCOL - MERCHANTS OF NEARThere is an important support from the beginning around $1.7
We are in the intersection of the uptrend, downtrend and this lateral support.
One week will hold ! HODOR !!!
Target price for sunday $1.8
NEAR looking great for longsI'm really liking the look of this crypto NEAR to take out the liq at the highs.
Keep an eye out for this one to enter long.
