NEAR/USD close to decision pointNEAR/USD to close to a decision point for a major reversal to the upside or continued downtrend if key support fails (green line).
NEARUSD trade ideas
Near Protocol Future GainsAwesome project in 2021 bullrun, but it has some issues the last 6 months. No clear direction of the project right now. NFT's are getting delisted from binance from competitor chains and Near was focused on NFT's mostly, without something innovative like other L1's.
I would buy a huge bag if it goes to 0.6$, or you risk entering now and DCA till 0.6$ and maybe below.
✴️ NEAR Protocol 6X Leverage (Experienced Traders/Adults Only)Leveraged trading is for experienced traders only or whomever wants to trade of course.
This is high risk and can result in liquidation and all money lost. If you don't know what you are doing, if you can't take a loss, please stay away; adults only.
With that said, let me show you the numbers of a simple trade.
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LONG NEARUSD
Leverage: 6X
Buy-in: $1.380 - $1.444
Targets:
1) $1.483
2) $1.583
3) $1.713
4) $1.933
5) $2.083
6) $2.333
7) $2.633
8) $3.303
Stop-loss: Close daily below $1.300
Potential profits: 780%
Capital allocation: 3%
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Thank you for your continued support.
I am wishing you profits and continued success.
Patience is mandatory, literally.
Thank you again, so you on the upside.
Namaste.
12.07.23 NEARUSD 15 Min OutlookPotential purchase after a run on sell side liquidity leading up to price moving from a discount to premium which represents an opportunity to take a bullish position that sees price move back towards equilibrium (atleast 50% retrace into previous price zone).
✴️ NEAR Trade Signal (8X)I am doing 8X on this one with a tight stop.
The bullish action we are seeing across the Cryptocurrency market leaves no doubt, we are already inside the wave.
Everything is likely to grow... Or should I say, everything is either growing or recovering from a major low.
The low was set 10-June, mid-June for the entire market, and now the resumption of the bullish move has been confirmed.
Namaste.
NEARUSD Still inside a Channel Down despite the rise.NEARUSD is having today the strongest 1D green candle since January 14th.
With that, it crossed over the MA50 (1d) for the first time since April 26th.
Despite the positives, it remains inside a long term Channel Down since the start of February and we should treat it as such.
Trading Plan:
1. Sell at the top of the Channel Down.
2. Buy if the price breaks over the Falling Resistance.
Targets:
1. 1.3700 (0.236 Fibonacci level).
2. 2.4000 (Resistance 1 and 0.786 Fibonacci).
Tips:
1. The RSI (1d) has already crossed over its Falling Resistance and reached he highs of April 15th. That might be an early Channel Down bullish breakout sign for the price.
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✴️ NEAR Protocol Looks Great | 1,2,3,4 Steps PatternThis is a great looking pair and I will explain why... Feel free to boost this post and let's get started!
We have a new low on a long lower wick in June (#4). This was a strong drop and a recovery quickly followed which is always a strong bullish signal.
The current price is already trading above the December 2022 low (#1), marked blue, which is even better when it comes to Technical Analysis.
This is the 1,2,3,4 Steps Pattern we've been seeing all across the Cryptocurrency market.
First, the initial bullish breakout followed by a correction that will either produce a lower or higher low compared to the start of the recovery phase in January.
Regardless of the outcome of the correction, higher or lower low, what follows is a new bullish wave as we can see here as #4.
Short-term moves can be considered noise... Keep the bigger picture in mind, which is long-term sustained growth.
NEAR has lots to give.
We can expect to see new All-Time Highs in early 2025 or late 2024.
Namaste.
Last stand...The lower we go, the smaller chance to be wrong and better R:R ratio...
But who wants to long this any more at these levels... T_T...
Waiting for a motive wave.
If you are a buyer, i cant blame youIf wave 4 downwards develops into a flat, then red happens.
If bottom is in, then near will fly and it will be far.
NEAR Protokol warning🔥🔥My indicators were already showing me to buy Indicator will show you helpful tips at the right time The price had a breakout from the ascending channel and retest the upper trendline as new support. The price could have another bullish impulse until the 0.618 Fibonacci level, where the price has another resistance. After 4 times, break out attempt on 2.40, price is heavily rejected. It has moved to a midterm trend line. But RSI is heavily sold, currently 29. It might have maybe 1 more day to go , But i predict, these are the levels it will hold.
Scamonomics...Decent L1 with good potential to go on a hype cycle and melt up with the rest of the market.
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
NEARUSD 150 % gains soonNEARUSD looks very good.
Expecting the uptrend continuation within the next few weeks.
Target for longs: 6 $
156 % to be made
Good luck
NEAR Bullish for this weekNEAR Protocol is a layer-one blockchain designed as a community-managed cloud processing platform and which removes some of the limitations that have hindered competitive blockchains, such as low transaction speed, low throughput, and poor interoperability.
Currently CLOSE has broken the resistance line at $1.98 with a full body candlestick. This means that NEAR is in a strong buying position. Potential purchases can be in the area of $ 2.01 with a stop loss at $ 1.97 and a potential loss from the entry point to the stop loss of 1.76%. The potential target for an increase is 6.88% at HKEX:2 ,144
near useCall me crazy but I think its possible , well see. I like near and what they're doing. will be paying attention to ETHdenver and setting bids accordingly. what are your thoughts on Near protocol?
Wave Forecast...Low should be coming I assume in the coming days - Overall I see this as a bullish retrace and expect prices to climb higher once this correction has completed.
NEARUSD Attempting the first 1D MA200 test in 9 months!The Near Protocol (NEARUSD) is at the closest it has been to the 1D MA200 (orange trend-line) in more than 9 months as there hasn't been any contact since May 05 2022. Even in the event of contact or even marginal break-out, it is not the time to celebrate as within the Bear Cycle's Channel Down (since January 14 2022), there have been another two similar occasions that both started on a Higher Lows bottom but failed to break above the Resistance Zone formed by the previous Lower High of the bearish leg.
That is currently a little below the 0.382 Fibonacci retracement level. In order to extend our buying, we need to see a break above the top (Lower Highs trend-line) of the Channel Down, in which case we expect the price to fill the upper Fibonacci levels one by one.
Note that the 1D RSI invalidating a Bearish Divergence is a positive sign.
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NEAR Levels of ResistanceNotice where the price action is being held down... the 3D MA50 & ORANGE resistance range.
Set an ALERT for $2.80 - Once that level clears, there should be a strong impulse to the next resistance level and so on.
Good Luck
NEAR PROTOCOL. GOING UP OR DOWN? MAKE YOUR CHOICEALL info is clear on the chat.
This is NOT FINANCIAL ADVICE. Do your own research.
Coin on volume. Bounce from the resistance zoneWe observe strong growth in the asset. It is traded on increased volumes. Bitcoin has passed to a strong resistance level, can spill the entire market. Also our asset in the sellers area on a round number. Candles are closed with shadows, buyers have little strength. I expect a rebound from the level. Target - PoC volumetric level
NEAR Warning Bullish🔥🔥Near Breakout Incoming! Can buy Near . I bought it and froze it 1.35$ is the most favorable situation to buy the Near asset, the price will soon increase and we will make a profit by Sell 5$ There will be such information that this news will cause the price to change. How the price changed after some information we provided
Will FED be #NEAR sighted and whack NEAR COIN? ⚔️NEAR/USD -12HR
Head and Shoulders pattern forming.
If the neckline is broken and confirmed, a measured target would be in the mid to low $2 range
Fed meeting tomorrow could be the catalyst to invalidate the pattern or cause the break down. 👀
Short on confirmation, neutral until then.
