NEARUSD
Depending on Reaction to 14$ Resistance, Near has 2 Scenarios!🌳NEAR has Made a Inverse Head and Shoulder Pattern. The Price Has Broken The Neckline of this pattern So This Means The Price should Have no Difficulty In Ascending Further.But There are 2 Scenarios right now! once is that The Price would Break the Resistance Drawn on The Picture (around 14$) and would Ascend to It's Target & Resistance Which Sits around 20$. another Scenario is That The Price Would Do a Correction & Decrease to The Neckline once again & after That It would be Ready to ascend Further. We shall wait and See the Reaction From The Resistance! Note that The Price Can Increase as Much as the the Length Between The Head and the Neck line!)
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
$NEAR Trade Idea - Very Good Opportunity On The 4H Chart!!Hi Traders,
This is what I see for $NEAR in the next few Weeks, After a perfect reversal from the 20/21 ATH which turned to current Major bottom with god volume and momentum, followed by a breakout and retest of the mentioned resistance area, speedy than Bitcoin, Near may reach the mentioned targets sooner than what I expect!
Direct entry with buy zone up to 11$.
STOPLOSS: 1 DAY CLOSE BELOW 10.3$
Targets:
15$
16.5$
20$
25$
TBA
NFA, DYOR, and Good luck.
Let me know what do you think in the comments! smash that like button if you like the idea!
Good luck everyone.
NEARUSDT-SETUPNEARUSDT price is staying above a critical support which was acted as a resistance before. Now positive move prevail between the channel and enhancing the sentiment for an upcoming move. Price can go further with strong momentum to complete the formation of C & H pattern, Bulls can react accordingly by showing great bit of strength. Let see how price action emerged!
NEAR Protocol (NEAR) - April 5Hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(NEARUSDT 1W Chart)
It is important to find support near 16.480 as it is renewing ATH and moving up again.
From the wRSI_SR indicator, the RS line is above 80, suggesting that it will decline in the not-too-distant future.
Therefore, it is necessary to check which section receives support and resistance.
(1D chart)
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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.)
---------------------------------
NEAR/USDTIf we can break our resistance at 14 we can move higher
if not I draw you guys what scenario we might face
So keep your eyes on the chart and use stop loss
In my opinion, it's gonna pump and if the market will hold and will not sell at 18 and 20 the price will gonna insures more
THIS IS NOT FINANCIAL ADVICE IT'S JUST MY PERSONAL OPINION
DO TRADING BASED ON YOUR OWN ANALYSIS
GOOD LUCK
Interesting Top Pattern NEARUSD As price crosses over 1.618 to 2.618 bulls take charge and push price way up to 2.618 top, price descends, ignores 3.618, but repeats on the transition from 3.618 to 4.618 with a bullish formation, leading to a rise, hitting the top at 4.618
Interesting Fib Circle pattern
NEAR - Take entry hereBYBIT:NEARUSDT
1H trend chart
-
There was a timing to enter when NEAR broke the downtrend line.
If you missed it, here is another opportunity to buy, because the price has also broken out the neckline and gotten support of it.
Take entry here and trading strategy as below.
-
Profit Targets:
a) 13.138~13.623----Fib(1.272~1.382)
b) 14.142----Fib(1.5)
c) 16.345----Fib(2)
Stop losses:
a) 10.882-----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
NEAR/USDT - Potential 65% SetupHello Traders!
NEAR price is exiting a short consolidation in the $9.89 - $11.59 range testing the MA100 on the daily timeframe.
We can consider short-term purchases in the $9.89 - $11.59 range
For such a trade, it is better to use a short stop loss, which can be placed under the price level of $9.89
Take targets are the following price levels:
$16,40
$17,88
$20,16
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
NEARUSDT, Its amazing position with nice R/rHello everybody
Near Protocol is one the most powerful project in blockchain and its wanna do ...
According to the chart and last analysis, we expected the price wanna reach to the top of the channel and then its ready to dump but this analysis was failed and now after the price make new LL we need to wait to have correction of tis wave then we can take in position and now the price is going to reach to the resistance zone level and then in there we need to take signal then we have permission to take short position and wait until the target that we shown on chart.
Dont forget use stop loss and observe to capital management and before taking any signal and trigger for entrance do not open and buy anything.
Previous analysis :
Good Luck
Abtin
Trend for Near Protocol The NEAR protocol (NEAR) is compressed into a trend line .
The pressure shows that buyers are willing to buy more and higher and there is not enough seller so the price goes up even more.
This is in line with the bitcoin trend
Pump fuel will also be traders who open sales positions and close them at a loss and give more liquidity to buyers.
Do your analysis before trading.
NEAR - trading near the fibsNEAR has one of the cleanest trading setups currently using fib retracement. It is considered quite resilient during the entire macro panic dump - didn't test the 0.5 at all, on the 4hr candle it was a wick which closed above the 0.618 levels, which was a good bounce level for another 2 times during the retracement and held to $10 quite closely. I am using the futures chart from the app of bybit.com as my other charts are clogged with many old drawings.
Trading plan - 3 scenarios
Very bullish - 30%
Currently it has just broken through the old ATH, hit an old resistance level and rejected into a supply zone (thanks to BTC’s volatility). Currently trading at 12.6 levels. While waiting for the NFP news on friday to kick in, You can buy some here now if you believe the old resistance will turn into support, wait for a upwards trend towards the old resistance at 13.85 and 15.96. The overhead targets are ATH (~$20) and then the 2.618 fib (23.6) then 3.615 (30.35). Ideally, you would be adding on 5-10% pullbacks from fib or resistance rejections during the uptrend once the pattern plays out e.g. if rejected off 1.618 fib off (~$17), you can set bids at ~$16 levels but beware of being front-runned as whole numbers are key psychological level other traders would bid on. TLDR add on 5-10% pullbacks
Conservative bullish - 50%
Best move to increase your risk:reward and expect a crab market for another 2 weeks as things might be too heated with BTC's 5k candles printing daily - you want to be buying when there isn't hype and where Fear and Greed Index prints lower numbers (thanks BTC). Buying near the 0.786 fib = DCA buying at ~$11.4. Expecting sideways bounce between the fib levels 0.786 and 1 or the supply zone, with a hopeful wick towards 0.618/$10.2 (set a bid there) to shakeout and trigger stop losses before heading higher. Targets overhead are within the month of Feb and possibly March: 13.8, 15.9, 17 (1.618 fib) and then ATH of $20.2. TLDR load up on retracements towards the 0.5-0.786 fibs
Bearish - 20%
Somehow you are convinced BTC has not bottomed and will head towards 24k (20k is for bitboy believers kekk). This would mean current levels are a fake out and would reverse down. At this point you might believe BTC 38.5k to be the higher low to be formed. I took the liberty of drawing a line down from near ATH to current weekly high of 13.8 to see the immediate resistance trendline we need to overcome. A dump would probably set us back to lower fib levels at prices of $11.4 and $10.2, which is near a nice round number $10 where more bids would be filled. Would expect the resistance trendline to hold and then send it lower to 0.382 levels (8.7) and finally 6.36 (old support level). Strategy would be simply short on touches with trendline or higher fib levels (sell high, buy low)
As you can see the trading plan is very fib and TA driven + we have such a clean chart despite all the noise recently. You can learn more via learn.bybit.com to know what the levels mean as each number has certain significance in both bearish and bullish cases.
💡Don't miss the great buy opportunity in NEARUSD @NEARProtocolTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (10.210).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEARUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 46.
Take Profits:
TP1= @ 10.742
TP2= @ 11.268
TP3= @ 11.953
TP4= @ 12.831
TP5= @ 13.591
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in NEARUSD @NEARProtocolTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (10.210).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEARUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 46.
Take Profits:
TP1= @ 10.742
TP2= @ 11.268
TP3= @ 11.953
TP4= @ 12.831
TP5= @ 13.591
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️