NEARUSDT trade ideas
#NEAR/USDT Ready to go higher#NEAR
The price is moving in a descending channel on the 1-hour timeframe and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 4.70
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 4.90
First target 5.46
Second target 5.83
Third target 6.32
Trading Update on NEAR Protocol by Lord MEDZGreat Things. Great Minds.
Fellow traders, the winds of opportunity are blowing favorably for NEAR Protocol, and the charts reveal a tale of strength, structure, and imminent potential. Let us dissect the setup and prepare for greatness.
The Structure
NEAR has confirmed a Break of Structure (BOS) at $6.43 USD, signaling a shift in momentum to the upside. This level is now our bullish pivot, acting as the line in the sand for further upward expansion.
The weekly FVG zone ($3.99-$4.73) served as a springboard, holding firmly and offering a textbook accumulation zone for those with foresight. The groundwork is set for a rally of significant proportions.
The Targets
Mid-level Resistance:
The first battle lies at $12.97 USD, a key Fibonacci level (0.5 Fib) where we may encounter some turbulence.
The Grand Goal:
The ultimate destination? The all-time high at $20.52 USD, where we aim to reclaim NEAR’s former glory. This presents a monumental +300% upside from the current price of $5.59 USD.
The Strategy
Reclaims Above $6.43: Watch for sustained price action above the BOS to confirm strength.
Patience and Precision: Keep a keen eye on momentum as we approach key targets. The wise know that timing is the alchemy of profits.
The Vision of Lord MEDZ
“In the arena of trading, structure is the compass, and patience the sword. NEAR’s ascent is not a question of if, but when. Align with the momentum, and let the market’s rhythm guide your journey to greatness.”
Great Things. Great Minds. Onward to $20.52.
NEARUSDT Long Spot Position / Follow for the UpdatesBINANCE:NEARUSDT
COINBASE:NEARUSD
📊 Position: LONG
The bullish scenario remains active as long as the price consolidates above the yellow zone (triangle). Any long shadow below this zone is considered an opportunity to buy the dip until the price starts to rise.
🟡 Leverage: 1x
📍 Entry: Near $4.70 - 4.80$
🎯 Targets:
TP1: $5.75
TP2: $7.35
TP3: $9.25
TP3: $11.75
🔴 Stop Loss: $3.342 (-14.89%)
NEARUSDT: Golden Pocket Retest & Rebound SetupNEARUSDT is currently testing the golden pocket zone around $4.34 - $4.48 and forming a Descending Broadening Wedge , a bullish reversal pattern. If the price holds at this support level, there's a strong chance of a rebound, with potential targets around $10.80 to $15.20. However, if the support fails, the price could drop further to the $3.79 area. Keep an eye on price action and wait for a breakout confirmation to find a safer entry point!
Trade Setup: NEAR Long OpportunityMarket Context:
NEAR is retracing alongside the broader market, presenting a favorable opportunity for a long spot trade at a key support level. With AI being a strong narrative, NEAR is positioned for potential growth in this sector.
Trade Details:
Entry Zone: Around $4.2
Take Profit Targets:
$5.00
$5.50
Stop Loss: Below $4.00
This trade takes advantage of NEAR's retracement to enter at a critical support level with favorable upside potential. 📈
TradeCityPro | NEARUSDT Calm before the storm👋 Welcome to TradeCityPro Channel!
Let's go to a day when financial markets are closed and update one of our previously analyzed altcoins, NEAR, and find new triggers together.
Scroll Down to Check Out the Analytical Chart as Well!
🌐 Overview Bitcoin
Before starting our analysis, as always, let’s check Bitcoin in the 1-hour timeframe, where the candles have become significantly smaller, the range of our fluctuations has narrowed, and the 1-hour candles now show 0.2% fluctuations.
This observation, along with our hourly volume, indicates that there is practically no movement, and no one is deciding to trade. For now, it’s better not to make any decisions and just observe the market from a distance.
However, this doesn’t mean abandoning the market entirely and coming back to the chart only after the market moves.
🕵️♂️ Previous Analysis
In our previous analysis uploaded to the channel last month in the weekly timeframe, it can be said that almost nothing has happened.
Our spot entry triggers were not activated, and we were simply rejected from the $8.289 resistance, fluctuating within the $3.73 to $8.28 range.
📊 Weekly Timeframe
In the weekly timeframe, as we said, nothing special has happened to our chart. Currently, we are simply ranging within the weekly box, and breaking the support or resistance of this box can result in a sharp move.
This week's weekly candle has one day left to close, and if it stays like this, it will engulf the previous two candles, suggesting that we are moving towards the $3.73 support.
📈 Daily Timeframe
In the daily timeframe, we are also in a smaller box than our main box, ranging between $4.88 and $6.05, where it might range for a while.
On the other hand, the $6.057 resistance can be considered a risky but promising trigger for spot buying, considering that the resistance at the top of the box, or $8.289, is likely to be broken sharply and whale-like.
For exiting this coin, I currently suggest doing so below $3.544. Personally, after breaking $4.883, I prefer to open futures positions rather than sell my spot coins.
If you pay attention to the $4.883 support, it is the 0.618 Fibonacci level, which is highly significant for our trend. If we rise from this level and break the $6.057 resistance, we can start a good upward move.
⏱ 4-Hour Timeframe
In the 4-hour timeframe, after being rejected from the $6.058 resistance and printing a red candle, we moved back towards the $4.914 support. Currently, it can be said that we are stuck in a box ranging between $4.914 and $5.156.
📉 Short Position Trigger
our trigger is entirely clear, and after breaking $4.914, we can open a short position, targeting $4.5 and $4.05.
📈 Long Position Trigger
however, currently, both the volume is very low, and the chart has a very bearish vibe. But if we continue ranging in this short-term box and the sellers lose strength, staying here for a long time, or faking the $4.914 support, after breaking $5.156, we can open a long position—but with a small stop loss and quick profit-taking.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
NEAR can ascend further!The price has faced a volume shortage after breaking the ascending triangle, which is well indicated by the divergence and volume. Technically, in the first scenario, the price can drop to the support line of the triangle and then reach the 0.618 line, or it may fall below the support line of the triangle and reach the 0.382 Fibonacci line, causing traders to get liquidated as usual, and then price rise up.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Alikze »» Near | Ascending channel - 1W🔍 Technical analysis: Ascending channel - 1W
📣 BINANCE:NEARUSDT currency is moving in an ascending channel on the weekly time frame.
🟢 After hitting the channel ceiling and the supply zone, it encountered selling pressure, which extended the correction to the middle of the channel. After that, it encountered demand again in the middle of the channel.
🟢 It is currently facing demand in the green box, which can grow to the channel ceiling in the first step and continue its growth again to the supply zone.
🟢 Considering that the supply zone and the channel ceiling have already been consumed, in case of high momentum, it will be able to break the supply zone
🟢 After that, it can grow to the next supply zone.
💎In the first step, then after breaking the ceiling of the first ascending channel, it can continue its growth to the middle of the second channel with a pullback to it and finally to the width of the first channel to a larger supply zone.
»»»«««»»»«««»»»«««
Please support this idea 💡 with a LIKE 👍 and COMMENT 💬 if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email 📧 in the future.
Thanks for your continued support.🙏
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
