$NEAR - A few key areas to buy/sell. Long term bullish on this coin for my part. However, all are subject to corrections, near is no different.
I seen a lot of pennant drawings on CT in early Feb, but none of the breakouts really bore fruit.
The way I see it now is all this fuss was a huge flat+ low volume 5th, aimed at trapping as many bullish traders as possible before dipping down for what I predict to be a very deep ZigZag correction well under $2.00.
I do, however, expect a significant B correction to the upside in the neighborhood of .5 fib correction vs A.
This setup could take us well into April with a bounce in the $1.55 area.
NEARBTC
need to see if can break out of the downtrend channelHello?
Traders, welcome.
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(NEARBTC 1W Chart)
The question is whether it can break out of the downtrend channel and rise to around 0.00015311.
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(NEARUSDT 1D chart)
The question is whether it can hold the price above 2.399 and rise to around 3.198.
If not, we need to see if it drops to around 1.964.
Depending on which direction it breaks out of the downtrend, the trend is expected to continue.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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NEAR Protocol Price Analysis 4 Hour Chart STRUGGLING!! >?Hey guys NEAR PROTOCOL has recently broken out of its ascending trendline and is now testing the waters of some lower areas of support shown here.. Could it Hold this area of SUPPORt OR Will NEAR head to the DOWNSIDE??
What do you guys think?
BINANCE:NEARUSDT
What is NEAR?What is NEAR?
NEAR is an L1 blockchain that uses Nightshade, a unique segmentation technology, to achieve scalability. It was launched in 2020 as a decentralized cloud infrastructure to host decentralized applications (DApps).
NEAR offers interconnectivity through Rainbow Bridge and the L2 Aurora solution. Users can transfer ERC-20 tokens and assets from Ethereum to NEAR, giving them access to higher bandwidth and lower transaction fees.
Aurora is an L2 blockchain, the Ethereum Virtual Machine (EVM) created by the core developers of the NEAR protocol. It operates as a smart contract on NEAR, providing benefits such as Rainbow Bridge connectivity, high bandwidth and low transaction fees in ETH. Aurora is available through various bridges including Allbridge, Axelar, Rainbow Bridge and others.
Details on all ecosystem projects can be found here
Top largest projects in Aurora by number of accounts: Aurora, Ref Finance, Stader.Near.
awesomenear.com
Current performance of the NEAR blockchain:
700+ projects (including those under construction)
125 DAO
550 thousand participants
4k+ developers
865 knots
20 million wallets
250 million transactions were made in 2022
The current TVL of NEAR+Aurora is about $160 million.
Current TVL NEAR is $85M
TVL peaked at $500M in May 2022.
The main Defi project is Ref Finance.
Aurora's current TVL is $72 million.
TVL peaked at $1.3 billion in May 2022.
The main Defi project is Bastion.
How much was invested?
According to known information, about $533 million were invested in NEAR.
Current capitalization is $2.15 billion.
Total capitalization is $2.5 billion.
There are 85% of tokens in circulation.
The current price of NEAR is $2.51. The price has fallen 88% from the highs.
What is the NEAR token
The NEAR blockchain has its own asset for its ecosystem - the NEAR token.
The NEAR token is the primary asset of the NEAR ecosystem, and its functionality is available to all accounts. Each token is a unique digital asset that can be used for:
1.Paying for transaction processing and data storage.
2.Launch a validation node (by participating in the stacking process).
3.Participate in voting.
The NEAR token provides economic coordination for all participants who run the network, as well as providing new behavior for applications built on that network.
NEAR development activity
Among the largest ecosystems (Polkadot, Ethereum, Cosmos, Aptos, Chia), NEAR is holding steady with Chia, ranking fourth for the past year.
At the same time, the level of development holds about the same level.
Development activity - shows the project's development activity over time based on a number of purely development-related "events" in the project's publicly accessible Github repository. (does not take into account: release comments, forks, stars, etc.).
How NEAR works. Functionality
NEAR aims to compete with other platforms with its segmentation/sharding solution called "Nightshade".
Let's take a look at the functionality that the NEAR protocol provides.
Plans for 2023-2024
Since the launch of Mainnet in late 2020, the NEAR ecosystem has made great progress, becoming one of the top-tier blockchains with 22 million accounts, 600,000 active wallets per month (2+ transactions count as active) and 15x growth in users and projects.
Last year, despite market chaos and a major downturn in recent months, the NEAR Foundation has enough capital to sustain at least five years of operations in a bear market thanks to responsible treasury management.
The NEAR Foundation believes that NEAR is the only ecosystem in which the promise of Web3 can be realized and where mass adoption can occur.
The roadmap covers major efforts to improve the scalability and decentralization of the protocol.
Phase 2 and 3 blockchain segmentation
The next step of the deployment is Phase 2 segmentation, which will completely separate state and processing, further reducing hardware requirements for segment validators, making the network more accessible to validators. Phase 2 is expected to begin in 2023. This upgrade will increase the capacity of the network from 4 to 100 segments, with the validators not tracking all segments.
Phase 3 segmentation will involve dynamic redistribution - the network will be dynamically divided into segments, and then the segments will be combined based on resource usage. This will allow NEAR to expand almost indefinitely. Phase 3 is expected to begin in 2023-2024.
Conclusion
For 2022, blockchain NEAR has tried to keep a constant level of development, roughly on par with Chia.
NEAR strives to create the most user and developer-friendly ecosystem possible.
Users are being offered the full suite of cheap and fast transactions, simple addresses, instead of public key hashes. In 2023, Iphone owners will be able to use NEAR as easily as possible, without having to create a separate wallet. A focus on simplicity and mass.
Developers are offered a toolkit that allows for "one-click" app deployment wherever possible. They also lowered the entry barrier as much as possible by offering the use of the Javascript SDK.
Segmentation/sharding technologies, with overall security in mind (like Polkadot) suggest that this is a very balanced blockchain.
This is reflected in the highest $500+ million investment.
Ease of use, balanced technical solutions, unlimited blockchain scalability, very large investment, collaborative developments with Apple - this is a good bid for the first blockchain with mass use!
Thank you Smart Investor
Best regards EXCAVO
NEARBTCNEARBTC made a test breakout of the bearish channel at 0.00009660 , it now needs to confirm a candlestick above that Bearish Trend Line that is trapping it.
A token with spectacular fundamentals, it suffered a lot with the despeg and shutdown of the USN, its stablecoin, but I believe in its recovery when the markets return.
Keeping your position itself is worth the hold
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
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 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.
NEAR Protocol Analyze (Road Map)!!!🗺️(+250%😱)❗️❓Today, let's look at NEAR Protocol's road map🗺️.
What Is NEAR Protocol (NEAR)❗️❓
NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability. This provides the ideal environment for DApps and creates a developer and user-friendly platform. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum. NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug.”
NEAR Protocol is being built by the NEAR Collective, its community that is updating the initial code and releasing updates to the ecosystem. Its declared goal is to build a platform that is “secure enough to manage high value assets like money or identity and performant enough to make them useful for everyday people.”
Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and Mintbase, an NFT minting platform are examples of projects being built on NEAR Protocol.
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NEAR Protocol is running on descending channel for about one year.
Also, If we look at the NEAR Protocol by Elliott waves theory. It is running on microwave 4 of microwave 5 of main wave A.
I tried to show you the end of main wave A in my chart.
🔆Suggestion: If you want to add NEAR to your portfolio, you can wait to break the upper line of descending channel or when NEAR touches my target(zone) for the end of main wave A.
NEAR Protocol Analyze ( NEARUSDT ) Timeframe Daily⏰ (Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
NEAR SCALP LONGHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the NEAR symbol.
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 will explode soonHello, dear traders. how are you ? Today we have a setup to buy/long the NEAR symbol.
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
Support at 1.614 is required for a bullish reversal...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(NEARBTC 1W Chart)
When you touch the area around 0.0000 6980 ~ 0.0000 8289, which is the section where you can get the power of the last rise, and rise, you need to check whether the HA-Low line will fall and be created.
There are no trades available at the current price position.
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(NEARUSDT 1W Chart)
The important point is whether it can be supported near 1.614, which is the newly formed volume profile section, and can rise above 2.792.
(1D chart)
It is necessary to confirm that it can receive support around 1.614 and rise above the MS-Signal indicator.
If it falls below 1.614, it is highly likely that the downtrend will continue, so you need to think about how to react.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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NEAR UPDATE (CAN GO UP)Hello, dear traders. how are you ? Today we have a setup to buy/long the NEAR symbol.
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 Protocol (NEAR) - November 26Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(NEARBTC 1W Chart)
It plunged below 0.0001 5311.
If it does not enter the downtrend channel, it is expected to receive support near the next support range, 0.0000 6980 ~ 0.0000 8289, and gather strength for the uptrend.
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(NEARUSDT 1W Chart)
The key is whether it can rise to the 2.792-3.545 range.
To do so, we need to see if we can get out of the downtrend line and hold the price until the HA-Low line drops below 1.286.
(1D chart)
The HA-Low line formed at 1.735.
So, you should see if you can hold the price around 1.735 until the MS-Signal indicator declines.
If not, a decline below 1.412 is likely.
It is necessary to touch the vicinity of 1.412 and check whether a sharp rise occurs.
If it does not fall below the downtrend line, it is expected to rise.
Whether this rise can turn into an uptrend depends on whether the price can sustain it by moving above the HA-Low and above the MS-Signal indicator.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
NEAR Protocol (NEAR) - November 14Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(NEARBTC 1W chart)
It is losing a lot of strength as it is falling in a critical section.
It is important to find support near 0.0001 1285.
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(NEARUSDT 1W Chart)
The key is whether you can climb to the 2.792-3.545 section.
To do that, we need to see if we can move higher than 2.337.
(1D chart)
The key is whether it can find support near 1.870 and move above 2.337.
If it doesn't, you should be careful as there is a possibility that it will move towards the 1.412 level.
There is nothing that can be done at the moment because it has to rise above the HA-Low index and above the MS-Signal index to turn into an uptrend.
You need to be careful because excessive buying can only make it take longer to convert into profits.
In particular, you need to be more careful about buying more when you have a loss rate of -30% or so.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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NEAR/USDT - LONG----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ NEAR/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (2.0X)
Entry Orders:
1) 3.249 - 100.0%
Take-Profit Orders:
1) 3.446 - 33.333%
2) 3.628 - 33.333%
3) 3.904 - 33.333%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (2)