Get started

NEAR 3x Long / Tether

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

NEARUSDT.3L trade ideas

NEAR Falling Wedge Retest : $2.8 targetExciting developments are unfolding in the world of crypto, and NEAR Protocol (NEAR) has caught our attention. It recently broke out of a falling wedge pattern, and the current setup presents a golden opportunity for those keeping a close eye on this dynamic project. Let's explore the breakout and the potential rewards it might offer. 📈💎 Breaking Out of the Falling Wedge: NEAR has recently made a significant move by breaking out of a falling wedge pattern. This pattern is often a bullish signal, indicating a potential reversal or upward continuation. The Retest Scenario: Following the breakout, NEAR is currently in the process of retesting the wedge's upper boundary on the daily timeframe. This retest could act as confirmation of the breakout and provide an entry point for traders. Risk-Reward Ratio: 1:7? For those considering a position in NEAR, the risk-reward ratio appears to be favorable. Depending on your risk tolerance, entering now during the retest could potentially yield a risk-reward ratio of 1:7. Trading Strategy: Observation: Monitor NEAR's price action during the retest phase, paying attention to signs of confirmation. Risk Management: Implement a robust risk management strategy, considering the volatility of the crypto market. Entry Point: If the retest confirms the breakout, consider entering a position, keeping in mind your desired risk-reward ratio. Conclusion: NEAR's breakout from the falling wedge presents a compelling opportunity for traders. However, it's crucial to approach the market with caution and ensure that your trading strategy aligns with your risk tolerance. As you navigate this potential trade, may your analysis be sound, and your trades lead to success. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
NEAR Growth Spurt: Buy Your Ticket to Profit**NEAR** **Recent News:** * NEAR raises $100 million in Series D funding round led by Tiger Global Management and a16z. * NEAR Foundation launches $800 million ecosystem fund to support developers and startups building on the NEAR Protocol. * NEAR Protocol partners with Google Cloud to accelerate the adoption of NEAR by Web3 developers. * NEAR Protocol launches Aurora, a bridge that allows Ethereum developers to deploy their applications on NEAR. * NEAR Protocol launches Rainbow Bridge, a bridge that allows users to transfer assets between NEAR and Ethereum. **Fundamentals:** * NEAR is a layer 1 proof-of-stake blockchain designed to be scalable, user-friendly, and secure. * NEAR uses a unique sharding technology called Nightshade to achieve scalability without sacrificing security or decentralization. * NEAR has a growing ecosystem of over 1000 projects, including decentralized applications (DApps), wallets, and infrastructure providers. * NEAR is supported by a strong team of experienced founders and advisors, including Illia Polosukhin, Alexander Skidanov, and Erik Trautman. **Disclaimer:** This is not financial advice. Do your own research before investing in any cryptocurrency.
Long
by MoonTradingForecast
2
NEAR/USDT | 1d 👀1. Still holding strong. Currently at resistance on a higher timeframe, so anticipate some consolidation at this level. 2. Should we successfully break through, we can anticipate the buy-side taking control quite swiftly. ✅ Stay updated on market news and developments that may influence the price of NEAR Protocol. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto #Coins #NEAR_Protocol #Trading #NEAR
Long
by Nyskohuz
NEAR/USDT Continue Upward Momentum ?? NEAR Analysis Today💎 NEAR has undoubtedly seized our attention with its remarkable rally, initiating a strong upward movement from $0.97 and effortlessly breaking through the descending channel pattern. Observing the chart, NEAR appears to be in a legitimate retesting phase, positioning it to potentially extend its upward trajectory. 💎 Currently, NEAR is approaching a critical juncture at the supply zone. Failure to penetrate this area could prompt a retracement to the demand zone for NEAR to regroup and build fresh momentum. This development could be beneficial, considering that, from a broader timeframe perspective, NEAR hasn't undergone a correction phase yet. 💎 Conversely, should NEAR manage to breach the supply zone promptly, Probability could set its sights on reaching further targets, including the next supply zone and the bearish OB. 💎 However, there's a downside scenario to consider. If NEAR retraces to the demand zone and fails to sustain its position, leading to a breakdown, it could signal a bearish turn. In this case, NEAR might set a downward course towards the next support level. This stage is critical, as NEAR would need a substantial rebound to reassert itself above the support level or risk a further descent towards the key support zone, potentially intensifying the bearish sentiment.
by MyCryptoParadise
NEARUSDT Elliott Waves Analysis (midterm expectations)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. After correction will looking for new long position. Entry: 1.3 - 1.15 Targets: 1.5 and 1.7 after first target reached move ur stop to breakeven Stop: ~1 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 2 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
NEARUSDT.1DBased on the provided market data, the NEAR/USDT pair is currently in a strong uptrend, as suggested by the high Relative Strength Index (RSI) readings on both the 4-hour (85.90) and 1-day (86.66) charts. These RSI values are above the commonly used overbought threshold of 70, which often suggests that an asset may be getting overvalued and that a price correction could occur in the near future. However, it's important to note that assets can remain overbought for extended periods during strong uptrends. The Moving Average Convergence Divergence (MACD) is positive on both 4-hour and 1-day charts, further confirming the ongoing bullish momentum. However, the MACD on the 7-day chart is negative, suggesting that the long-term trend is still bearish. The price is currently trading close to the upper Bollinger Band (BB) on all three timeframes, which usually indicates the asset is overbought. The supports and resistances indicate potential areas where the price could bounce or face rejection. In conclusion, the NEAR/USDT pair is showing strong bullish momentum in the short-term, but the overbought conditions and the negative MACD on the 7-day chart suggest caution. It might be wise to wait for a potential price correction or for more bullish signs on the longer-term chart before considering a long position. Please note that this is just a technical analysis perspective based on historical price patterns and indicators. It does not take into account fundamental factors or potential upcoming news events that might impact price. Always do your own research and consider your personal risk tolerance when making trading decisions.
by MarsSignals
Are we NEAR a turning point?NEAR Protocol (NEAR) has been experiencing a prolonged downtrend since April 22, 2022, encountering strong resistance at $17.86 on the daily chart. However, recent price action suggests a potential reversal, as buying strength emerged on June 23, 2023, following a significant sell-off. Bears drove the price down to $1.161, but buying activity subsequently ensued, resulting in a 34% increase over the past 12 days. Several bullish indicators have emerged for NEAR Protocol, including the breaking of the 80 level on the oscillator. This indicates that the buying momentum has increased, potentially signaling a shift towards a bullish trend. To determine an entry point, it is advisable to wait for a MOON signal to be confirmed via ROBO. ROBO is a technical analysis tool that provides signals based on multiple indicators. In this case, the confirmation requires the presence of 2 out of 3 signals, which indicate a bullish trend. This methodology helps to minimize false signals and increase the probability of success. However, it is crucial to note that the cryptocurrency markets are highly volatile at the moment. While ROBO may remain bullish, there is a possibility of a minor drawback before the continuation of the upside movement. It is important to monitor the market closely and adjust strategies accordingly. Based on the provided information, my main personal target for NEAR Protocol is $1.836. This target represents an upward price projection. Remember, technical analysis is just one aspect of investment decision-making. It is important to consider fundamental factors, market sentiment, and risk management techniques before making any investment or trading decisions.
Long
by AXiVenture
📈 NEAR Falling Wedge Breakout ! Prepare to be amazed by Near Protocol's recent price action, which has unveiled a masterpiece in the world of chart patterns – a massive falling wedge. As this wedge pattern developed right above a significant support zone, the subsequent breakout couldn't be more bullish, setting the stage for exciting potential price movements. 📐🚀 Unwrapping the Falling Wedge The falling wedge is a remarkable chart pattern in which the price forms a series of lower highs and lower lows, converging within two trendlines that slant in the same downward direction. This pattern typically signals a bullish reversal, hinting at the potential for an upward surge. A Showcase of Bullish Precision Near Protocol executed this falling wedge with textbook precision. What's more, this pattern materialized just above a substantial support zone, further emphasizing its importance. The price approached the pattern with a bounce off this support, retesting the zone before gracefully breaking out. The Path to Price Appreciation The breakout from a falling wedge like this suggests that Near Protocol is poised for a considerable price appreciation. Such patterns are often accompanied by increased buying interest and trading volume, creating ideal conditions for substantial upward movements. Trading Strategy: Capitalizing on the Breakout For traders and investors in the crypto space, recognizing and capitalizing on these patterns is a fundamental skill. The breakout from a falling wedge can be an excellent opportunity to enter or add to a position, provided it aligns with your overall trading strategy. Conclusion: Near Protocol's Artful Ascent Near Protocol's falling wedge breakout is a testament to the artistry that price action can exhibit on the charts. As we witness this spectacular move, it's an opportune time to stay vigilant and explore the potential that this bullish pattern may bring. 🚀 Crypto Insights | 💡 Trading Strategies | 💰 Market Analysis ❗See related ideas below❗ Share your thoughts and insights of Near Protocol. 💚🌐💚
Long
by Yaroslav_Krasko
1