Near Protocol Price analysis Short term top? $ Hour Chart IDEANear Protocol is coming to a STRONG area of Resistance and needs to break this area if it wants to continue on to the upside!
If this area of Support Holds Near Might go back and test the 2.16 -2.27 LVLS
OR Near could continue on to the upside and try the 2.8 LVLS
NEARUSDT
"NEARUSDT" SHORT OPPORTUNITYHere we can see that "NEARUSDT" in 1 hour time has a TRENDLINE SUPPORT and we are expecting the price to take rejection from that zone and we can look a GOOD SHORT OPPORTUNITY here. Also in smaller time fras we can see that the MACD indicator and the RSI indicator is forming a BEARISH DIVERGENCE.
ENJOY!!!
NEARUSDT Elliott Waves (Local Setup)Hello friends.
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Everything on the chart.
i expect fall from current price or through ~2$.
Entry: market and higher
Target: 1.63 and 1.55
after first target reached move ur stop in breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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Near Protocol Price Analysis LOOONG (15 Min chart)Hello and great day fellow traders!
Here is my opinion on the way Near will be moving in the Short term 15-minute chart in a LONG situation.
We need to hold the support Lvl of 2.150 - 2.170 In order to continue up to the upside.
The next key levels to look out for will be the 2.28-2.56 lvls. If broken then the next level to watch for will be 2.25-2.28.
If all this plays out we will look to the next level at around 2.34-2.37 .
Thanks for looking and all the best ! Please comment if you like and agree!
NEAR has maintained a strong uptrendNEAR has maintained a strong uptrend over the past week, and buying support has led to a break above the long-term descending channel ceiling and static resistance at $1.75. The next resistance in the $2.03-$2.08 range was exactly followed by a reaction on both sides and has now become a good support. But the second support is considered in the range of $1.84 to $1.89, which is a more reliable range. This strong bullish wave could form once again, and if there is a pullback and a positive reaction to the supports, we expect a rally to the $2.65-$2.96 range. There is strong potential for a price reversal in the daily time frame, and if Bitcoin holds its support, NEAR could take a mid-term bullish trend.
Near Protocol Analysis Near is looking like it's on an upward trend!
It needs to Hold the 1.95 LVL that it just tested or it will go back and retest the 1.67 LVL
If 1.95 is held the next level to look for will be around the 2.21 -2.43 level.
If broken the next target will be the 2.8 lvl and then the 3.2 Lvl .
Happy trading to all :) leave a comment or like please I'd love to hear what you think of my ideas! :)
Have an amazing day all!
NEAR | Fueling up for Massive Breakout..!!
#NEAR Falling Wedge formation in Weekly timeframe..
Massive Buying Volume Coming in..
Expecting Breakout Soon..
+450-500% Profit Potential in the Midterm.. ✍️
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🔥 Why Near Protocol coin is falling? 👇Today we will talk about Near Protocol
The last 4 months have been somehow catastrophic for the NEARUSDT price. After all, during November, Near depreciated twice from $3 to $1.5, and since August 4 times from $6 to the current $1.5.
One of the reasons that encourages investors to get rid of their Near can be called that the structures of Samuel Banckman-Fried (FTX and Co) own a total of 17 million NEAR tokens. In case of bankruptcy, they are subject to liquidation. That is, they will be transferred or sold to someone. However, NEAR has insurance against the simultaneous sale of coins - most of the tokens owned by FTX will be unlocked within three years.
This reason at least somehow explains the NEAR drain in November.
But why NEAR was drained in large amounts before, we do not know. Did the "big wallets" know about the impending troubles in the crypto world much earlier?
Write what you think about it in the comments below the idea.
The other day, the price of NEARUSD easily updated the minimum from 2021, without any problems, and without the volume of the struggle between buyers and sellers.
Well, now we can only assume in what format the downward trend of the NEARUSDT price will be able to reverse.
As an option, a long formation of the "Inverted Head and Shoulders" reversal pattern is possible. Potentially, the formation fits the technical description of the pattern, as well as the volumes that decrease from the left shoulder to the Head.
Now the price of NEARUSDT is above the liquidity level of $1.25-1.50, there are chances that it may not go lower. And then the long growth of the NEAR price to the $5 area, where every trader and hodler should think about it: "Is it worth keeping this asset "?
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✴️ NEAR Protocol | BULLS ConfirmedNEAR started the year challenging EMA50... The first time being 5th January.
NEARUSDT fought with this resistance for a few days until yesterday, 11-Jan., when the bullish bias was confirmed through a full green candle... when this level was conquered.
Oh wait... This is was supposed to be an update to this previous trade idea, see below:
We already predicted that NEAR Protocol hit bottom... No surprise now it goes up; More to come!
Patience is key.
Namaste.
NEAR/USDT SHORTTarget Take Profit Zone marked in Red.
Given the fact that the Volume is dropping off harsh after the last couple days, we will get a rejection from this point on in the chart, same applies for other Alts across the board.
Marketmakers are going to mark price down in order to take profits.
✴️ NEAR Protocol Hits Bottom | Volume Analysis (211% Potential)We will now entertain ourselves with a different type of signal...
Normally we look at the RSI, EMA50, Candlesticks and what not; Let's make it a little bit different this time.
NEAR Protocol (NEARUSDT) dropped by 94.42% from its All-Time High (-94%).
How do I know if this is the bottom?
The peak was hit in late 2021, afterward we have the bear cycle/bear market/correction phase.
- As this phase approaches volume increase, it is still strong (1st wave).
- As this phase intensifies, volume reaches its highest level (3rd wave).
- As this phase reaches its end (bottom), volume goes lower (5th wave).
New lows being hit as volume decreases signals that the trend is coming to an end.
Since we have above average volume in the last three days as NEARUSDT breaks above EMA10... These signals are telling us that things are about to change.
How was it?
Very simple...
Simple is awesome...
Simple is jus great!
Thank you for reading.
Namaste.
NEARUSDT SHORTHello guys how are you ?
Today I bring you another idea about nearusdt which is a great shorting opportunity.
NEARUSDT WEEKLY AND DAILY CHART reached its
previous level of structure that was broken on December
2022 now we are back in the my idea on this pair is to short with in a smaller time frame. be smart and stay strong
Use good risk management .
enter based on your research .
risk not more than you can afford to loose.
Double bottom patternNEAR has registered a 16% price growth in the past day. Its price has formed a double bottom pattern on its support level in the range of $1.30 to $1.17. Confirmation of the pattern by breaking the $1.37 range caused the NEAR pump and price growth to the $1.66 range. This strong reversal can become a trend reversal wave in the daily time frame. But it has made the 4-hour time trend upward. Therefore, in the 4-hour timeframe, pullbacks towards the support of the $1.37 to $1.44 range can be associated with a positive reaction. Therefore, after the pullback, we can expect another upward movement to the range of $1.75.