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NEARUSDT

NEARing a breakoutLooking at NEAR/USDT 4H chart going back to late Feb 2023. We see six(!) firm rejections at recapturing the 200MA highlighted in the circles. I would generally consider this bearish as the token doesn't have enough buyer support to flip the MA from resistance to support. But what I've noticed in years of crypto charts is those six rejections will dramatically help cement the 200MA as support when it finally does flip it. Bollinger Bands are the black lines, and we see the upper band trending above the 200MA. While the retracement from the recent rejection happens, its continues to consolidate between the .5FIB & .236FIB. This is akin to coiling and building up strength for the push back up. $1.85 has historical value for the coin and is also reflected as the .236FIB in this chart. I'm expecting a quick trend down towards there, then we'll get our seventh attempt at cracking the 200MA thereafter. I believe that NEAR will recapture the 200, whether its the seventh or eleventh attempt I can't say. But I know that when it does finally flip the 200, we'll be moving back up towards $2.70 quite quickly. Short term play would be to enter at bounce near $1.85, then exit around $2.70 (strongest resistance after flipping 200). Long term play would be to DCA now then use NEAR within their DeFi ecosystem during the bull market. ATH is $20 and that was during its first market cycle. Most major cryptos print higher than their previous ATH in subsequent runs, unless the coin is plagued by inflation. Either way I'm confident it's just a matter of time before NEAR breaks out from under 200MA and moves up. NFA
BINANCE:NEARUSD
by ChartswithChip
2
NEARUSDT Elliott Waves AnalysisHello 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. (update) We got some complication but everything is relevant.HOLD Entry: market and lower Targets: 3 - 3.5 - 4 and maybe even ~5(not sure) after first target reached move ur stop to breakeven Stop: ~1.3 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 5 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
1
NEAR - I will invest at $0.5Hello, guys! It's time to consider the altcoins which I plan to invest in. The first one is NEAR. I know it's fundamentally strong crypto asset which will show the huge growth in the next bull cycle with the high probability. I marked the large bear market waves 3 and 4 and potential wave 5 to make it clear which market straucture I am going to trade. I consider now NEAR is printing last wave 5 which shoul contain with 5 waves also. It looks like nowa asset is in the wave 3 - the most impulsive one. Thus, in my opinion any purchases now are too dangerous. The target area where I expect the bottom is 1.61 Fibonacci extension. This is approximately $0.5 per coin. Best regards, Ivan _______________________________________ Subscribe now and never miss an update 👍
by Skyrexio
7
Significance of the 2.240-2.328 intervalHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ** Analysis of the BTC chart publishes new ideas once a week. ** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations. ** Excluding the above situation, BTC analysis is listed as a daily update. ------------------------------------- (NEARBTC 1W Chart) The key is whether it can rise above 0.0000 9561 to 0.0001 0554. ------------------------------------------- (NEARUSDT chart) You can see that a volume profile section is formed around 2.240-2.328. So, the question is whether it can sustain the price by moving above 2.328. The area around 3.198 is an area where you can buy in long-term terms. So, a rise to 3.198 is the target for now. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
Nearusdt Breakout Soon Nearusdt NEAR/USDT is currently forming a symmetrical triangle pattern, which suggests that the price is consolidating and preparing for a potential breakout. If the breakout is successful, we can expect to see a bullish move in the coming days or weeks. However, as with any market, there is always a risk involved, and proper risk management should be used when trading. It's important to wait for confirmation before entering any position. A confirmation in this case would be a strong bullish candlestick closing above the upper trendline of the symmetrical triangle pattern. On the other hand, a failed breakout could lead to a downside move, and traders should be prepared for both scenarios. Overall, the symmetrical triangle pattern in NEAR/USDT suggests that a breakout is imminent, and traders should keep a close eye on this market for potential trading opportunities. As always, it's recommended to conduct your own research and use proper risk management techniques before making any trades. If You are satisfied with our work join us
Long
by Crypto-By-Ghazi
4
NEAR/USDT might be good to buy soon! Good morning guys 👋 NEAR coin is next one on our watchlist today with a potential bullish scenario to occur here. We are waiting for NEAR to test that trend (below the market price) from where on we will be looking for a potential buy. Any thought here? If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Long
by SwallowAcademy
18