🔥WHERE TO OPEN YOUR NEW NEAR LONGS? TRADING PLAN AND TARGETS🚩🔥 Hi, friends! I think that bulls have enough power to push the price higher. Just take a look on BTC weekly and monthly candles.
So I recommend you to use these pullbacks as the possibility to accumulate more crypto. But where? Here is my trading plan.
📊 MY TRADING PLAN FOR NEAR:
🔥 fill the imbalance at $2.07-2.23
🔥 volume growth
🔥 squeeze to the trendline
🔥 bullish BTC
🚩Bullish BTC is the main precondition to open a long because in this case, all the altcoins will continue to follow it to 20-21k until BTC won't stop.
✅ MY TARGETS FOR NEAR:
1. $2.73 - the mirror level
2. $3-3.12 - the closest value area
3. $3.5-3.65 - the value area
Traders, do you start to close your long trades because of this pullback or wait for the market to pump soon? It is very interesting to know your point of view.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
NEAR
Good Old Days or WHAT!in weekly timeframe near take sell side liquidity.
old low or $2.8 can retrace price to $1.8~$1.5 and after that price goes up to $3.4~$4.9.
if $1.8~$1.5 unable to act as support we might see equal lows or lower low for complete bearish 3 drive pattern and after that smart money seek to reach $7.3 or even $10.
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" 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!!!
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 | 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 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.
✳️ NEAR Protocol VB, HL, hBD | Chart LanguageChart language.
The last 3D candle on the NEARBTC pair closed yesterday and we can appreciate a breakout in bull volume. The biggest volume bar since late November.
The RSI also hit its lowest point recently and when we look back to December 2020/January 2021 we can notice a "hidden" bullish divergence.
This happens when the RSI hit a lower low, long-term in this case, while the pair hit a higher low.
These are the three signals mentioned on the title:
1- Volume breakout (VB).
2- Long-term higher lows (HL).
3- Long-term hidden bullish divergence (hBD)...
Chart language.
The last candle with high volume closed above EMA10.
Telling us that the bulls are now playing NEAR Protocol and with the bulls playing we expect green.
One last little detail... NEARBTC corrected by 84.29% from its All-Time High.
There you have it... Another altcoins vs bitcoin pair that bottoms in the same range.
All this tells us that the upside has more probability next than red.
Easy 105% with additional potential long-term.
Thank you for reading.
If you enjoy the content feel sure to follow me and boost. 🚀👍
Namaste.
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.