NEAR Long Spot Trade (Retrace to Support) Market Context: NEAR has retraced to a major support level, providing a favorable long spot trade opportunity.
Trade Setup:
Entry: Around $4.50
Take Profit:
First target: $5.00 – $5.55
Second target: $6.50 - $7.00
Stop Loss: Below $3.90
This setup aims to take advantage of the strong support for a potential bounce. #NEAR #Crypto #Trading #Support
NEARUSDT
ALTCOINS Q4 2024 | Ideal Entries | GOOD BUYSHere's an updated list of 10 altcoins that have good chart setups and longer term prospects.
Note that for some, you may have to dollar-cost-average (buy little bits on the way down).
1) NEARUSDT
2) TAOUSDT
3) LTCUSDT
4) TIAUSDT
5) FTMUSDT
6) GRTUSDT
7) AVAXUSDT
8) INJUSDT
9) AAVEUSDT
10) SOLANA / SOLUSDT
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NEAR Looks BullishOn the chart, the trigger line is broken and we have a bullish CH.
We have signs of trend change on the chart that we are looking for buy/long positions in the POI range.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
NEAR: The Next Coin Poised for a MoveAfter observing the strength in UPCOM:FTM and LSE:TIA , I decided to focus more on some previous coins that showed resilience and were among the early movers, like $SOLANA.
AMEX:NEAR is now in play, as it was one of those coins that experienced positive growth.
I entered the trade close to $4 and will allow it enough space to move. Tomorrow’s events seem to be priced in, with a 25bps cut almost certain and a 50bps still unlikely based on my view of the Fed’s actions.
NEARUSDT Ready for Takeoff!!NEARUSDT has successfully broken out of its trend and retraced, and it’s now setting its sights on key resistance levels. A successful breakout could trigger a significant upward move, making this an exciting opportunity for traders. Remember to always maintain your stop loss to manage risk effectively. Keep an eye on NEARUSDT—it might just take off!
NEARUSDT Currently trading at $5.2
Buy level: Above $5.2
Stop loss: Below $4.35
TP1: $5.8
TP2: $6.5
TP3: $7.5
TP4: $9
Max Leverage 3x
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NEAR's Next Big Move: Are We About to See a Bullish Breakout?Yello, Paradisers! #NEAR could be on the verge of a significant breakout. The price action is showing some exciting developments, and it’s time to pay close attention.
💎#NEARUSDT has honored the strong support at key levels and is now starting to shift momentum toward a bullish direction.
💎Currently, NEAR is approaching the descending resistance around the $4.80 mark. This resistance has acted as a barrier since mid-May, preventing any major upward moves. However, bulls are now in a prime spot to break past this level. Once they succeed in breaking this level, NEAR could enter a strong bullish phase, with an initial target set at $5.10, followed by a further move toward the $6.05 to $6.40 resistance zone.
💎Additionally, NEAR has successfully reclaimed the EMA-50 level at $4.40, which now serves as a trailing support for the price. Below this, a minor support at $4.28 acts as a safety net to contain any potential bearish moves. As long as these support levels hold, the bulls are likely to outperform the sellers and maintain control.
💎On the top of that, NEAR may also benefit from the emerging AI narrative, which could provide further bullish momentum as the market shifts focus toward AI-related projects.
Patience is key here, Paradisers. Don’t get caught chasing. Wait for the highest probability opportunities and let the market come to you.
MyCryptoParadise
iFeel the success🌴
Things to check when trading altcoinsHello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
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I think it's good to check the upward turn on the Renko chart to trade altcoins.
Therefore, in the short term, if the price is maintained above 4.9, it can be interpreted that there is a high possibility of an upward trend.
Accordingly, I think it's good to trade from a short-term trading perspective in the current upward trend.
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(NEARUSDT 1D chart)
Usually, coins (tokens) that are currently thought to have risen are likely to have already touched the HA-Low indicator and risen.
Therefore, the StochRSI indicator will mostly be in the overbought zone.
In this situation, if you feel like you have to buy now, you should be able to wait for that time to be the peak.
When the bottom zone, low zone, and rise are formed, it is more likely to create a 'W' pattern (double bottom pattern) or higher than the 'V'-shaped uptrend and rise.
Therefore, in order to gain additional upward momentum, it is essential to create a pull back pattern and rise.
Therefore, if you want to buy now, it is recommended to confirm that a pull back pattern is created and enter.
On the NEARUSDT chart, the M-Signal indicator of the 1D and 1W charts is passing around 4.675, so if a pull back pattern is created, I think that this area is likely to become the bottom zone.
Therefore, you should check how the StochRSI indicator is initialized, and when it is initialized, check whether there is support at the support and resistance points at that point and proceed with the transaction.
When rising
1st: 5.947
2nd: 7.008-7.369
You need to check for support near the 1st and 2nd above.
Among these, the section that can be converted to a mid- to long-term transaction is the 2nd section.
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When purchasing, you need to make an effort to make the lowest average price possible by conducting a split transaction.
Otherwise, if you try to solve everything with a single purchase, you need to be able to wait as much as possible and be decisive.
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Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale upward trend will begin when it rises above 29K.
The section that is expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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Near Protocol NEAR price is lazily creeping upAt the moment, we can see the potential for OKX:NEARUSDT to rise to the range of $6-6.50
Here you will need to decide for yourself whether to hold the position further or get rid of it
Only a confident fix #NEARUSD price above $6.50 can give CRYPTOCAP:NEAR a growth potential up to $10
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NEARUSDT on the Brink: Will You Miss the Next Big Move?Yello, Paradisers! Are you ready for the potential breakout with #NEARUSDT? The charts are heating up, and now’s the time to focus! Let’s dive into what’s happening.
💎#NEARUSDT is currently testing a key resistance zone at $5.473. If the price manages to break above this level, there’s a strong probability of a bullish move ahead. We’ve been tracking #NEARProtocol for some time as it respected a descending resistance, and now, after finally breaking through, the price is testing this critical level amid growing bullish sentiment.
💎 For the bullish scenario to materialize, #NEAR must break above $5.473. Should this happen, the next target lies at the internal resistance zone of $6.524, which could trigger a strong rally. However, if the price fails to break above the resistance, we could see a bullish rebound from the lower demand zone between $4.574 and $4.352.
💎 Stay alert, as a breakdown below the demand area, confirmed by a daily close, could challenge the bullish outlook and lead to further declines.
Stay focused, patient, and disciplined, Paradisers!
MyCryptoParadise
iFeel the success🌴
NEAR: Current Trends and InsightsNEAR Protocol is currently going through a period of volatility, with its price hovering around $3.89. Recent market trends show a mix of bearish sentiment and some cautious optimism among investors. Let’s break down the key indicators and levels influencing NEAR.
Current Sentiment: NEAR is mostly bearish, having dropped 3.5% over the last 24 hours. This follows a minor recovery earlier in the month, highlighting the ongoing struggle to maintain upward momentum.
Support and Resistance Levels
Key Support: $3.43 – This level has been tested and is crucial in preventing further declines. A break below this could lead to increased selling pressure.
Secondary Support: $3.60 – This level serves as an additional buffer in case of further price drops.
Key Resistance: $4.08 – A breakout above this level could signal a potential reversal in trend, opening the door for bullish momentum.
Secondary Resistance: $4.49 – If NEAR breaks through $4.08, this will be the next target for bullish movement.
Short-Term Predictions
Looking ahead, NEAR is likely to face challenges breaking through the $4.08 resistance. Analysts predict that if NEAR holds above the key support at $3.43, there could be opportunities for a rebound towards higher resistance levels in the coming weeks.
Potential Price Range for September 2024:
Minimum Price: $3.32
Average Price: $3.75
Maximum Price: $4.76
Market analysts are watching these levels closely as they may dictate NEAR’s short-term trajectory.
Recent News Impacting NEAR
Recent developments around partnerships and ecosystem growth in NEAR could help strengthen investor sentiment in the medium to long term. NEAR has been actively involved in collaborations aimed at improving DeFi capabilities and expanding user adoption, which may provide some resilience against the current bearish market.
Call to Action
For investors eyeing NEAR Protocol, now could be a strategic time to monitor the situation closely. With bearish sentiment dominating and key support levels being tested, it’s important to stay informed about market shifts and potential breakout signals.
While NEAR is facing short-term challenges, its long-term potential remains promising due to its ecosystem growth and ongoing developer interest. Stay vigilant and carefully consider your investment strategies!
NEAR ANALYSIS (bullish pattern)🌸#NEAR Analysis : Bullish Trend 🚀🚀
🚀As we can see that there is a formation of Flag & Pole Pattern in #NEAR in weekly time frame. Right now #NEAR is trading around it's crucial support zone and we can see a bounce back from its support zone 💪
🔖 Current Price: $3.965
⏳️ Target Price: $6.000
⁉️ What to do?
- We can trade according to the #NEAR chart and make some profits. Keep your eyes on chart price action, observe trading volume. Always observe market sentiments and update yourself everyday.🔰🔰
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#NEAR #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
BEST Altcoins You can BUY NOWMany altcoins are close to bottoming, if not bottomed already. Here are some of my top buys right now in preparation for the next impulse wave UP:
1) POPCAT COINEX:POPCATUSDT
Popcat is looking bullish with higher lows, holding the diagonal trendline well. I'd look at dollar-cost-averaging with two orders, one on the trendline as well incase the price doesn't drop as low.
2) SUI BYBIT:SUIUSDT
Looking good after a strong V-shaped recover and making higher lows, which is a bullish sign. I'd say first major resistance is 90c - if we can close candles ABOVE and towards 96c, I'd say more increase is very likely.
Just keep an eye on BTC. Wouldn't want to see a fake-out above 90c just to get another drop. So a conservative approach is closes above 96c zone.
3) LINK BINANCE:LINKUSDT
Chainlink is an old-timer, and a safe bet for the next bullish impulse wave.
4) RUNE BINANCE:RUNEUSDT
Another top-pick for 2024. I' be happy to buy anywhere between these two zones:
5) RNDR BINANCE:RENDERUSDT
I'd like to hope we'll see a lower entry on Render, but if the price keeps closing above the upper white trendline it's unlikely we'll drop to the lower buy zones
6) DOGE BINANCE:DOGEUSDT
An altcoin compilation wouldn't be an alt compilation without Doge! Happy to buy between these two zones:
7) FTM BINANCE:FTMUSDT
My ideal buy zone would be the middle area, I doubt we'll see the lower zones soon
8) NEAR BINANCE:NEARUSDT
I'd be happy to buy anywhere between these two zones:
There are MANY more, but for the sake of time and space... let's get started with these!
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Trade Setup: NEAR Long Position (Range Support Test)Market Context: NEAR is testing the bottom of the range level of support, providing a favorable opportunity for a long trade.
Trade Setup:
Entry: Long spot position at $3.50 - $3.80 support level.
Take Profit:
First target: $4.30
Second target: $5.00 - $5.40
Final target: $6.00 - $6.50
Stop Loss: Just below $3.40
📊 This setup aims to leverage the support level for potential upside, with clearly defined profit targets and a tight stop loss to manage risk effectively. #NEAR #CryptoTrading #SupportLevel
NEARUSDT🔍 NEAR/USDT Analysis: Key Dates for Strategic Moves 📉
The NEAR/USDT chart highlights important upcoming dates where price movements may present trading opportunities:
• August 21, 2024, August 28, 2024 - Red Lines: These dates mark potential local peaks. Traders should consider these as moments to take profits or reduce exposure, as the price might face resistance or a downturn.
• August 23, 2024, September 1, 2024 - Green Lines: These dates indicate potential local lows, offering favorable conditions for accumulating NEAR or entering long positions.
By aligning your strategy with these key dates, you can better position yourself to capture gains and manage risk effectively in the NEAR market.
Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).