NEARUSDT.P trade ideas
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.
NEAR Bullish ScenarioExtreme fear in altcoins and what bloodbath some whales created but they can't kill good altcoins for BTC ETF.
NEAR Near is currently heading towards the support area.
The weekly support will be the best spot for bull market, make sure to buy some in that area.
Near reveresed on the 2H. Next stop $4.6, $5.25, then $6.11Bear channel is finished. Time to move up!
2H confirmed direction change, Next stop $4.6, $5.25, then $6.11.
My idea about NearUsdt 15 mins time frame.In my opinion Near is creating falling wedge.
After the break out of falling wedge price moves up.
Nearusdt.pThis is a possibility that you think will happen
This is just a possibility, please check it yourself to understand better
NEARUSDTmy entry on this trade idea is taken from a point of interest below an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
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
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
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 START VOLUME INCREASEThank you for reading this update.
Depending on our study we see that NEAR has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
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.
Just an hr our 3 left before Nears next $5.25 breakout. Just an hr our 3 left before Nears $5.25 breakout. Alot of shorts piled on because of btc 's drop. The sqeeze should be much nicer this time thanks to all the shorts. Not much time left to buy in low on such a great coin.
NEARUSDT.pI opened a long position on NEARUSDT.P with a leverage of 5 and expect that my target will be reached in the coming days. Entry: 3.75. Targets: 4.640 - 5.20 - 6.25. Stop loss: 3.174
NEAR USDT Short PositionEverything mentioned in the chart
Do Proper Risk Management - You are the only one responsible for your trades
“Greed, in the end, fails even the greedy.” - Catherynne M. Valente
Will Near Protocol ($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.
NEARUSDT 29/12/2023 NEARUSDT 29/12/2023 The graph is still in an upward trend. Alower high was made. The graph will go sideways. You should wait dad look at the support line again.
is this a head and shoulder in NEARUSDTIn summary, the chart suggests a bearish outlook in the short term, as indicated by the breakdown of the price below a support level within a bearish price channel. The expectation, as depicted by the chart's annotations, is for a near terms decline in the price of NEAR/USDT
NEAR/USDT looks Ready for a Bullish Breakout?👀 🚀Nearprotocol💎 Paradisers, let's turn our analytical lens towards #NEARUSDT as it's shaping up for a potentially significant market move. We're observing it on the cusp of a pivotal breakthrough in a crucial supply zone, indicating a potential upward journey on successful navigation.
💎 Let’s zoom in on #NEARPROTOCOL recent moves. It's been playing cat-and-mouse with a descending channel for about a month, finally breaking free with some impressive green candle action. It’s like NEAR gearing up to smash through the daily supply zone. And if it nails this breakout? We’re eyeing supply levels at $2.863 and $3.719 – talk about reaching new heights!
💎 But hold on, savvy NEAR traders, this isn’t a one-way street. Cryptocurrency markets are full of twists and turns. If it breakout turns out to be a cliffhanger and doesn’t go as planned, be on the lookout for a bullish bounce back from the support line at $1.647. Think of it as your trading safety net.
💎 And here’s the real kicker: if NEAR takes a dive below this support level, it's a signal to switch gears. It might mean rethinking our bullish script and adapting to whatever plot twist the market throws our way. 🌴🍿💰
NEAR SWING LONGa swing long idea for NEAR
altcoins can be very volatile and so the SL in terms of % is wider for alts
so never use huge size nor leverage
best is spot DCA or if you wanna long futures, be aware of the funding fees every 8 hours
NFA Educational purpose only
Near breakout to $2.859, then $3.442Near is a very strong alt, with big gains on the way. Next breakout is immenent to $2.859, then $3.442.
Aim for $5 resistance.NEAR has successfully breached the significant $4 resistance level. A candlestick closure above this level, followed by price consolidation, strongly indicates a potential rally towards the $5 resistance.
However, bearish or corrective patterns emerging at these resistance zones could lead to a temporary pullback in price.
This analysis is for informational purposes only and should not be considered as financial advice.
