NEARUSDT.3L trade ideas
Weekly and daily trendline and Fibonacci analysis for 4HThere are strong resistance lines in higher timeframes that create a good risk-reward for a long position with the potential for price growth in the 4-hour timeframe
Near is likely to continue its way to downside Near made a retest to the wedge and I guess it will continue to downsite.. NFA
NEAR May Resume The Downtrend AgainNEAR May Resume The Downtrend Again
Price is moving in a bearish trend for a long time.
After NEAR completed a bearish it looks like it can resume the bearish trend again as a minimum in the short term.
The price may stop near our targets but can also move down further.
The first resistance zone is expected near 4.9 and the second zone is 4.6
Let's see how the price develops during the coming days.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
NEARPretty solid trade here.
Rejection and back into consolidation zone.
I don't expect that support level to break, it'll be used by holders to accumulate more.
2:1 risk on this for spot, no leverage.
Stop is at the bottom and TP is at top.
I'd close this close to TP if bitcoin continues acting like a spoilt child.
Market conditions are rough.
Glhf!
NEAR 2 week higher low attempt. Stronger chart.NEAR , backtest of the VA that held during the entire BTC drop for 15 OS for a 4h HL.
one of the stronger technical charts for a SWING now in my opinion.
Adding back some of what I sold yesterday ,
I got stopped out overnight out of half 2 nights ago.
rejected from D EMA 12.
but it shows there is enough opportunity with longterm W consolidation to establish SWING positions
NEAR Protocol Update in Daily TimeframeNEAR Protocol is showing a bounce-back from the $4.2 to $4.5 support range. NEAR needs to hold this support level to continue the rally toward $8.
A breakdown and close below this support range will likely invalidate the rally and lead to a further decline in the price action.
Note: Do your own research before investing.
Short near/usdt I can short near usdt because of my analysis tell me everyone if I am right or wrong .....
NEAR Update in Daily Timeframe#NEARUSDT
After a 47% correction, NEAR has finally bounced back, creating a decent support level at $4.7. The RSI level has reached the oversold range, indicating upward momentum.
We can expect a 45% to 65% rally in the upcoming days for NEAR.
Invalidation point: A breakdown and close below $4.3.
DYOR, NFA.
CRYPTOCAP:NEAR
NEARUSD: Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring NEARUSDT for a selling opportunity around 5.95 zone, NEARUSDT was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 5.95 support and resistance zone.
Trade safe, Joe.
NEAR Flashes Bullish Signal — 15% Profit PotentialNEAR was one of the crypto tokens that performed extraordinarily well during yesterday's dip in Bitcoin. As mentioned in today's live session, you want to trade exactly those tokens.
So, what do we have here 👇
NEAR flashed a bullish MACD crossover on the daily chart. Remember, the higher the timeframe, the more accurate the signals.
This one has solid backtest values. Historically, the probability of achieving 5% gains was almost 88%. However, based on support and resistance, this signal's profit potential is calculated at 14.7% (~6.15).
A proper strategy sets a first target at 5% and a second at $6.15.
Happy trading!
NEAR/USDT: ACCUMULATE HERE FOR 2X PROFIT!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
NEAR looks good here. It is trying to form an Adam&Eve-like structure in the daily time frame. As you see in the chart, it is holding the previous support range very well and bouncing from there.
I'm expecting a good pump from here.
Entry range:- $4.5-$5.5
Taregts:- $6.7/$8.2/9.4/$12
Invalidation:- Daily close below $4.4
What are your thoughts on NEAR's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Near Will Rise AgainNear has risen upwards from bottom of its parallel channel. I'll assume it will follow it again.
As an extra, we have a golden cross on MACD daily chart.
Risk can be accepted.
Use stop loss if it breaks 4.412.
There will be 3 targets, once the first one hit, move your stoploss to the breakeven or higher and close %33 of the position.
TP 1- 5.755
TP 2- 6,762
TP 3- 7,8
You can enter now or lower, your choice.
Technical Analysis for NEAR-USDT ChartToday’s analysis focuses on the NEAR/USDT daily chart, highlighting key technical levels and patterns that indicate the current market sentiment and potential future price movements. The chart illustrates a significant bearish trend with the price currently testing a critical support level. This analysis aims to provide traders with actionable insights to navigate the market effectively.
NEAR is trading on the support zone and trying to break the EMA 200. When the price reached the resistance zone (Blue) at $8.444 – $9.010, we saw a correction in the market. The decreasing volume during this pullback indicates the bullish trend could still have potential. Several key technical elements and zones are marked, providing a comprehensive view of the market’s structure and potential future movements.
Current Price: $5.330
Volume: 8.163M
Key Support and Resistance Levels
Immediate Support: $5.197
This level has historically acted as a strong support, providing a cushion against further declines.
Traders often watch this level for potential buying opportunities if it holds.
Next Major Support Zone (Pink): $4.477 – $4.683
This level has served as a crucial support and resistance historically.
Recently the price tested this zone and bounced from there.
A fall to this level could indicate a deeper correction and increased selling pressure.
Holding above this support might attract buyers looking for a reversal.
Trend Line
This trend line has formed from mid-December 2023
This trend line has been tested 4 times, whenever the price falls on it we see a massive bounce.
Recently the price has tested this trend line and there is hope we can see massive price movement.
A fall to this trend line could indicate a deeper correction and increased selling pressure.
Support Level $3.724
Historically many times the price takes bounce from this level.
A fall to this level could indicate a deeper correction and increased selling pressure.
Holding above this support might attract buyers looking for a reversal.
Strong Support Zone (Yellow): $2.487 – $2.736
This is a long-term support level that has proven to be a robust base in the past.
A drop to this zone might indicate a severe bearish trend but could also present a strong buying opportunity for long-term investors.
The price-finding stability here would be critical for the overall bullish outlook.
Immediate Resistance Zone (Green): $5.762 – $6.182
This zone is the nearest overhead resistance, where sellers have previously emerged to cap price rallies.
Breaking above this resistance could signal the start of a new bullish phase and attract more buying interest.
Traders look for volume confirmation on a breakout to validate the strength of the move.
Key Resistance Zone (Blue): $8.444 – $9.010
This resistance zone represents a significant barrier where previous price action has encountered selling pressure.
Successfully moving above this range could lead to substantial upward momentum, potentially targeting higher levels.
The area between $8.444 and $9.010 acts as a critical test for the strength of any bullish trends.
Moving Averages
The 200-day EMA is highlighted in the chart and is currently acting as a dynamic resistance level. NEAR is trading just below this EMA, which often signifies a critical juncture for the price direction. This level is crucial and acts as a strong resistance.
Trend Analysis
The ongoing downtrend suggests a bearish market sentiment. The price is currently consolidating on its support level of $5.197. A break below this support could lead to a deeper correction.
Volume Analysis
Currently at the time of writing the trading volume is at 8.163M, indicating a lack of strong buying interest at the current levels. A significant increase in volume would be necessary to confirm any potential reversal or breakout.
Potential Scenarios
Bullish Scenario
If NEAR holds above the $5.197 support and breaks through the green zone resistance at $5.762 – $6.182, it could signal a potential bullish reversal, targeting the blue zone at the $8.444 – $9.010 resistance zone.
An increase in buying volume could indicate stronger bullish momentum, potentially pushing the price back to the $9.010 high.
Bearish Scenario
If NEAR falls from this $5.197 support and fails to hold on support zone in pink and the trend line, it could lead to a deeper correction towards the $3.724 support level.
Sustained low volume and bearish sentiment could keep the price suppressed, with the potential to test lower support levels. If the price did not hold the $3.724 support level we might see the cloud retest the last zone marked in yellow at $2.487 – $2.736.
Technical Indicators
Based on technical indicators on a daily time frame
The relative Strength Index (RSI) value is at 40.634 (Neutral)
Momentum (10) is at -0.136 signaling a (Buy)
MACD Level (12, 26) is at -0.525 signaling (Sell)
Exponential Moving Average (50): 6.396 (Sell)
Exponential Moving Average (100): 6.264 (Sell)
Simple Moving Average (100): 6.784 (Sell)
Exponential Moving Average (200): 5.369 (Buy)
Ichimoku Base Line (9, 26, 52, 26): 6.075 (Neutral)
Volume Weighted Moving Average (20): 5.686 (Sell)
Hull Moving Average (9): 5.339 (Buy)
Interpretation
The NEAR/USDT analysis indicates a bearish sentiment driven largely by the Moving Averages. Although the oscillators are mostly neutral, the significant number of “Sell” signals from the Moving Averages suggests caution for traders.
Bearish Indicators:
The majority of the moving averages are signaling a sell, which indicates that NEAR might be experiencing downward momentum in the short to medium term.
Neutral Oscillators:
Most oscillators are neutral, showing no strong buying or selling pressure at the moment.
Potential Bullish Signs:
A few moving averages and the momentum indicator are showing buy signals, suggesting there could be some bullish potential if market conditions improve.
Conclusion
NEAR Protocol (NEAR) is at a pivotal moment. The support at $5.197, the 200-day EMA, and the trend line are critical levels to watch. The market sentiment appears cautious, with bearish pressure visible in the near-term forecast. However, if crucial resistance levels are breached, a positive reversal could occur. To successfully navigate the current period of increased volatility, traders must remain careful, use appropriate risk management strategies, and stay up to date on market trends.
Investment Outlook
Given the current market conditions, NEAR presents both opportunities and risks. The identified key levels should guide investors in making informed decisions. Caution is advised until a clear trend is established.
NEARIt is one of the important currencies, and maintaining levels above $5 gives it a strong opportunity to first target $8. Successfully breaking this level will lead us to $12.
NEARUSDT.1DIn this technical analysis of the NEAR/USDT daily chart, we will dissect the price movements, scrutinize the critical support and resistance levels, and delve into the insights offered by the MACD and RSI indicators.
Key Observations:
Current Price and Movement:
NEAR/USDT is trading at $5.197, showing a decrease of 3.87% today. This movement suggests some bearish pressure.
Support and Resistance Levels:
R1 (Resistance Level 1): $5.849 - This level presents the immediate ceiling that needs to be breached for bullish momentum.
S1 (Support Level 1): $4.253 - This is a critical support level, below which the price could see further declines.
S2 (Support Level 2): Not specified, but would be the next support level if S1 fails to hold.
Technical Indicators:
MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, indicating a bearish momentum. The separation between the lines is not extensive, suggesting that the bearish momentum is present but not overwhelmingly strong.
RSI (Relative Strength Index): The RSI is at 33.28, nearing the oversold territory. This could imply that NEAR is potentially undervalued, and there might be a buying opportunity if the market sentiment shifts.
Analysis and Conclusion:
The current price action of NEAR/USDT indicates a bearish trend, as reflected by today’s price decline and the position of the MACD. The price is currently hovering above the support level at $4.253, which is crucial for preventing further declines. If this support holds, it could stabilize the price and potentially allow for a recovery towards R1 at $5.849.
Given the RSI’s proximity to oversold conditions, there is a possibility of a reversal or at least some stabilization if the support at $4.253 remains intact. Traders should watch this level closely for signs of a rebound or further breakdown.
Should the price break below $4.253, it would be prudent to watch for the next levels of support (like S2) and reassess the bearish momentum. Conversely, a bounce from this support could be seen as a bullish sign, particularly if accompanied by a bullish crossover in the MACD and an RSI that moves back above 35-40.
In summary, the market conditions for NEAR/USDT suggest caution with a preparedness to act on potential shifts indicated by the technical levels and indicators. Monitoring the response at $4.253 will be critical in determining the short-term direction of the market. As always, traders should employ risk management strategies to protect their positions, particularly in such a volatile market environment.
NEAR Analysis: Can it go above $40?!NEAR is holding the weekly EMA50 very well, but I expect a slight correction to $3.9, which I assume is the main support level for NEAR, before launching to higher levels at $20 and $42 IMO
NEAR - A simple tradeBINANCE:NEARUSDT (1D CHART) Technical Analysis Update
NEAR is currently trading at $5.3 and price is bouncing back from the support line, price is expected to continue in the same trajectory, however lets keep the stoploss below the support zone.
Entry level: $ 4.8 - 5.3
Stop Loss Level: $ 4.1
TakeProfit 1: $ 5.965
TakeProfit 2: $ 6.995
TakeProfit 3: $ 8.425
Max Leverage: 3x
Position Size: 1% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
nearnear technical analysis basically on elliott waves Principles and priceaction strategy
near can be make a new high
wait and watch
NEARUSDT Will It Rebound or Dive? Critical Levels to Watch!Yello, Paradisers! Are you ready to see if #NEARUSDT can bounce back or if it will continue to plunge? Let's dive into the latest analysis and what you need to watch out for.
💎#NEAR has shown a rebound from the support zone, suggesting a potential reversal back to an upward movement if it successfully breaks out above the resistance area at 5.860. If this scenario plays out, we could see a significant rise towards our target at the strong resistance area.
💎However, if NEAR fails to break through the resistance, we might see a rejection and a return to the support zone between 4.6 and 4.3. Should NEAR break this support zone, it could signal a further decline towards the next target area at the Bullish Order Block (OB) around 3.6.
💎A reversal is probable when hitting the OB due to large orders there, but confirmation is needed. If NEAR successfully reclaims the support zone above 4.6, there's still a chance to follow our plan.
💎However, if NEAR also breaks the OB area, this is a bearish sign, invalidating the bullish scenario. The highest probability then would be a deeper dip.
Treat the market as a businessman, not as a gambler. Stay focused, patient, and disciplined, Paradisers.
MyCryptoParadise
iFeel the success🌴
Navigating NEAR: Strategic Moves in a Bearish Market🔍 Let's dive into the NEAR project. NEAR Protocol is designed to be a high-performance, scalable, and user-friendly blockchain platform. It aims to empower developers and users by offering a decentralized, developer-friendly environment. This platform is well-regarded for its ease of use and scalability, making it a strong contender in the blockchain space.
📉 As observed on the chart, NEAR has experienced a sharp decline and recently broke through the significant support level at 5.163. This decline was marked by a substantial increase in volume, suggesting a strong bearish momentum.
⚠️ The RSI is currently at 30.44, indicating that NEAR is in the oversold territory. This suggests that while a short-term bounce is possible, the overall bearish trend remains dominant. The red candle with high volume might indicate a sell-off.
🔻 For a short position, the next critical level to watch is 4.5. If the price breaks below this support level with increasing sell volume, it would confirm the continuation of the bearish trend. A short position could be initiated at this point, with a stop-loss order placed above the recent high around 5.163 to manage risk.
📉 The target for the short position would be the next major support level around 2.733. Monitoring volume is crucial; if sell volume continues to rise, it reinforces the bearish outlook.
📈 A long position should be considered only after the market shows signs of forming a new structure. Given the current bearish trend, it's prudent to wait for a clear reversal signal. A potential long entry could be considered if NEAR breaks above the key resistance level at 8.507 on the daily timeframe, confirmed by increasing buy volume.
🛠️ Patience is key here. Wait for the price to build a solid market structure and break above the mentioned resistance before considering a long position. Setting a stop-loss order below the recent low would be a prudent risk management strategy.
📝 In conclusion, NEAR is currently exhibiting strong bearish signals. For short positions, wait for a break below 4.5 with high sell volume. For long positions, patience is essential until a clear reversal and market structure form, with a potential entry on a break above 8.507. Always monitor RSI and volume indicators closely to confirm momentum shifts and manage risk appropriately in volatile market conditions.
🧠💼 Always remember the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Stick to strict capital management principles and use stop-loss orders, ensuring an initial target with a risk-to-reward ratio of 2.
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