NEARUSDT EXPECTED RETURN 55%+ OVER THE NEXT WEEKHello everyone,
this is my second recommendation in the altcoin crypto market. first let me briefly describe what you are seeing on the chart. In white you can see the price of NEARUSDT , while in black that's the set of technical indicators that I'm using. this set is composed of simple moving averages with the following period lengths (20, 40 ,80,160,320,640,1280,2560,4999). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal (H+L)/2 OF 2H candle sticks. this chart covers the last 6 months.
Now, let's get to how I got this prediction. basically this setup has two modes; compressed which is the buy zone and, stretched which is the sell zone. the compressed mode is when the price and short-term moving averages get closer to the longer-term moving averages, while the stretched mode is when the price and short-term moving averages get further away from the longer-term moving averages. to trade this, the more compressed it is the more you buy and the more stretched it is the more you sell while in between you just freeze. Now if you look at the chart you will find NEARUSDT is in the compressed mode and you will see that it has very strong long-term trend, it doubles on average every 75 days (will explain how to quantify trend strength in next posts) which means that you are buying a very undervalued strong crypto-asset.
with all that said my conclusion is that NEARUSDT is expected to be one of the best performing crypto-assets in the next week or two. please follow in order to see updates if the asset reaches the selling zone, and to see my new trading ideas.
please like, and get in touch if you have any questions. also If you like my ideas please support me by offering a job or you can just tip me through my NEAR wallet address bellow:
0f2dd034cc05baec7ecea1bd2f68d538c2101844cd3ece3d8d9fd402d333cd13
your support is much appreciated.
thanks
Mustafa
Nearprotocol
🆓NEAR Protocol/USDT Analysis (25/2) #NEAR $NEARNEAR is heading to 4$ zone, this zone is very strong so I think it will take NEAR a long time to breakout.
There are 2 cases may happen :
- Conquer 4$ zone successfully in this wave, NEAR will move up to 6$ zone
- Sideways between 3.4-4$ in a long time, NEAR will move up to 7$ if breakout 4$ zone
📈BUY
-Buy: 3.25-3.4$. SL if B
📉SELL
-Sell: 4.0-4.2$. SL if A
-Sell: 6.9-7.1$. SL if A
♻️BACK-UP
-Sell: 3.25-3.4$ if B. SL if A
-Buy: 2.35-2.5$. SL if B
-Buy: 4.0-4.2$ if A. SL if B
-Sell: 5.9-6.1$. SL if A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
$NEAR/USDT 2h (Binance Futures) Descending channel breakoutNear Protocol broke out of that parallel channel and is retesting it right now.
I expect a bounce on it since it's seems to be a bullish flag to me!
Current Price= 2.5011
Buy Entry= 2.5113 - 2.4101
Take Profit= 2.7717 | 3.0259 | 3.3859
Stop Loss= 2.2527
Risk/Reward= 1:1.5 | 1:2.72 | 1:4.45
Expected Profit= +25.28% | +45.94% | +75.20%
Possible Loss= -16.90%
Fib. Retracement= 1 | 1.272 | 1.618
Margin Leverage= 2x
Estimated Gain-time= 180h
NEAR / BTC bullish Breakout ?NEAR / BTC
just broke descending channel pattern
If bulls keep pushing and hold the price above trendline resistance the next potential target will be around 700 sats lr more
If bulls lost and price return into channel again and break horizontal support below (red color) it will find a new bottom
Please have a plan before trading
Good luck
✳️NEAR Protocol/USDT (17/11) View + Trading Plan #NEAR $NEARNEAR just finished consolidating the 0.8-0.85$ zone and this will be its important support zone. Currently, NEAR is heading to the 1.1$ zone, which is a sure strong selling zone that we should be careful about.
📈BUY- LONG
-Buy close to 0.8-0.85$, stoploss if B
📉SELL-SHORT
-Sell: 1.1-1.15$, stoploss if A
-Sell: 1.25-1.3$, stoploss if A
♻️BACK-UP
-Sell close to 0.8-0.85$ if B, stoploss if A
-Buy: 0.65-0.7$, stoploss if B
❓Details:
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"