NEARUSD ❕ reached the supportRSI is at neutral values.
50EMA broke upwards 200EMA (30m TF)
I believe it will start a bounce if it holds support.
NEARUSDT.P trade ideas
NEAR TRADING PLANHorizontal supp/resis in yellow lines
Psychological support at 1$ and short TP line
Descending Wedge formation
Weekly RSI triangle formation
1 RSI support line on the daily
Likely activation within next week (11/09) or earlier
Brief Analysis——NEARBTC fell yesterday and returned to the price before the pump. Affected by SEC, many tokens have experienced decline. The energy of Grayscale's victory was exhausted. Today's brief analysis will continue to review tokens that have been analyzed in the past. We chose NEAR and AAVE today.
We conducted a brief analysis of NEAR in mid-July. At that time, we believed that NEAR would touch the given resistance level again. The next day, NEAR did so. The bears then strengthened. NEAR remains bearish on a large scale.
The dump in early-August pushed NEAR to the new lows. Although the trading volume during the decline was not large, the subsequent rebound was weak, and the long-term rebound did not even cover the last long red candle on Aug.17. This Tuesday, BTC led most Tokens to rise, but the increase of NEAR was small. Yesterday, the red candle not only covered Tuesday's green candle, but even produced losses. Bears strengthened again after a weak rebound.
Conclusion: The high probability decline has not ended. NEAR maintains bearishness on a large scale, and the bears may have launched a new round of attack. So we come to this conclusion. We set new resistance level at 1.30 and support level at 1.02.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
NEAR/USDT upward momentum? 👀🚀NEAR Today AnalysisParadisers! Gear up for an exciting opportunity with NEARUSDT. Currently, it's stationed in a demand zone and is on the verge of breaking out of a descending channel👀
💎 A few days back, we noticed that NEAR faced rejection three times at the 1.630$ level, which is a supply zone containing a bearish order block. Another key observation is the formation of a descending channel that's poised for an upward breach.
💎 At the moment, the price is consolidating within a narrow range. We're anticipating a breakout from this descending channel, which could propel NEARProtocol upwards. However, keep an eye on the invalidation zone at the 1.08$ level; a breach here could trigger a downward move
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
🔥 NEAR Big Upside Break Out Potential: Patience!NEAR has been consolidating inside this pattern for well over a year on this point. I'm anticipating big volume to appear once we will break out. Keep in mind that we will wait for the price to confirm the break out of the triangle. This signal will get invalidated once NEAR falls through the support.
Stop just below 1$, target at the August 2022 highs. This results in a trade with big upside potential and a very nice risk-reward of 15.61
NEARUSD ❕ low volumeNEAR fixed above 50EMA (4H TF)
Volumes are declining on price correction.
I think the asset will rebound from the support again.
NEARUSDT - trend change is not expectedHello everyone! According to NEARUSDT, the forecasts are, of course, disappointing. For more than a year, the coin has been falling down and there are no prerequisites for changing the trend. At the moment, the coin has carefully approached its large resistance level at 1.15. There is less and less volatility, so I expect further price momentum towards 0.65
SasanSeifi 💁♂️NEAR/USDT 👉3D 🔻 1570$/ 1446$In the 3-day long-term time frame, the price fell from the downward trend line. It is now trading in the price range of $1.27.
A scenario we can consider is that after a minor positive swing and a pullback. If selling is confirmed, the price is rejected from the Important resistance area of $1.30/$1.50.
In case of a positive fluctuation, to better understand the continuation of the trend, we should see how the price will react to the resistance ranges.
Otherwise, if the price stabilizes above the resistance ranges, the possibility of higher growth can be considered.
The correction targets are 0.95 /0.64. In my opinion, if confirmed, it could be an attractive range to buy.
❎ (DYOR)...⚠️⚜️
I will be glad to know your idea 🙂✌️
If you like my analysis, please Like and comment.🙏✌️
About to enter into accumulation zoneNear on the verge of reaching accumulation zone. Less than a dollar is a good place to start buying
NEARUSD ❕ declineNEAR decreased as expected.
RSI indicates local oversold.
I believe that after correction the asset will continue to decline.
NEARUSDThello Traders,
As we can see that after a long bearish trend NEARUSDT comes to support now we can open a long position from here, follow chart pattern before opening a position
Near is breaking out or fake -out?Another beautiful triangle.
Easy trade:
Stop 1.30
Target 1 $1.38
Target 2 $1.50
Good trading,
Hans
nearusdtnear is at its support it can melt faces and i feel this month and next month is bullish for crypto
NEAR/USDT is on the Verge for a Bullish Rally | Near Analysis💎 NEARUSDT is on the cusp of breaking free from its descending channel, signaling a potential bullish ascent.
💎 Alongside this potential breakout, there's an imminent crossover with the 50 EMA. Should the price remain above this EMA, it could pave the way for a rewarding trade.
💎 NEAR is approaching a pullback zone for a retest. If this support falters, the downward trend might persist.
💎 In the ever-evolving realm of crypto, being updated and flexible is paramount. Keep a lookout for further insights and relish your trading voyage.
NEAR/USDTIn the continuation of the downward trend, we can give the possibility that we will enter a serious downward phase by correcting to the broken breakeven.
Near. Long.This is not the first asset that shows the beginning of the growth phase for the autumn-winter of this year. Everyone seems to be mistakenly comparing this bear market to the past.
NEARUSDTHello Traders,
The current condition of the NEARUSDT pair at its 4-hour support
you can long position.
but has not bounced back or retested the area.
there is potential to make a falling wedge but a lot of noise for this pair
Please add a comment and Positive feedback and
constructive criticism are important to authors and the
community.
NEARUSDTHello
Another broken trendline for this one.
So I think you've found where target is?
Be with me spread dollars in the air!
Be patient.
NEARUSDTI put my last chart about DOT in down this chart.
As you see a major support is broken and goes down to black .
NEARUSD ❕ descending triangleRSI is moving in the sellers' zone.
The price has fixed under 200EMA (30m TF)
I expect a decline after fixing under the support level.
NEAR S&R>>>>>>>>I Have Tried My Best to Bring the best Possible outcome in this Chart.
As we can see,
NEAR is in important area's for market decition for support or sell's. and we can wait for price reaction to take a position at next.
All important area's in short-mid term marked on the chart.
It's Not a financial advise.
PLZ DYOR
With hopping success
