💡Don't miss the great buy opportunity in NEARUSD @NEARProtocolTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (10.219).
. 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 49.
Take Profits:
TP1= @ 11.928
TP2= @ 13.949
TP3= @ 16.236
TP4= @ 18.132
TP5= @ 20.291
SL= Break below S2
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NEARUSD
💡Don't miss the great buy opportunity in NEARUSD @NEARProtocolTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (10.219).
. 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 49.
Take Profits:
TP1= @ 11.928
TP2= @ 13.949
TP3= @ 16.236
TP4= @ 18.132
TP5= @ 20.291
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 ❤️
NEAR PROTOCOL (Request)- i never analyzed this project but i knew about it. ( i didn't get selected for the presale on Coinlist, no luck..)
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 is a mega bullish coin and a strong project, that said, i never buy a fomo and my strategy is always to catch a dip to maximize my profits.
- Near Protocol touched 20$ (Round Number in people's brain)
- i could be wrong on this analysis as this project is very bullish.
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Trading Plan
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Buy Zone : 11$
Rebuy Zone : 9$
TP : 28$ ish
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No need SL
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Happy Tr4Ding !
NEARUSD Buy SignalPattern: Channel Up on the 1D time-frame.
Signal: Buy as the price is supported on the Higher Lows trend-line (bottom) of the Channel Up and the 1D MA200 (orange trend-line) with the 1D RSI also at the bottom of its own Channel pattern.
Target: 30.000 (just below the 2.0 Fibonacci extension).
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** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
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NEAR/USDT - Potential 141% SetupHello Traders!
A corrective movement is developing in NEAR. The price went under the MA100 on the daily timeframe and the RSI indicator is in the bearish zone.
There is buying weakness in the market at the moment, so the probability of a continuation of the correction in many instruments is increasing. This can be used to get more comfortable entry points into assets.
It is acceptable to look for the first purchases in a range of $6.38 - $7.38, and in case of correction, proceed with buying between $4.48 - $5.50.
We should close the deal by a stop-loss in case the price goes under $3.62 to avoid a panic sale in the market.
The targets are in the range of $11.59 - $13.29
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
NEAR Near Protocol: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Near Protocol (NEARUSD).
The chart is self-explanatory. The price recently formed a double bottom but still in a descending triangle. If price breaks out of the triangle, there may be a chance for a upside to the resistance area noted in the chart. RSI is getting supported by a support line. If price breaks down, please keep an eye on the Ichimoku Cloud as support as well as the dash line as a support area.
Included in the chart: Trend line, Support and Resistance Lines, RSI, Descending Triangle, Bearish Divergence, Ichimoku Cloud, Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
I have a bunch of additional recent charts below on cryptocurrencies to review. Check them out!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Near is near for a big shortNear/usdt Chart is showing obvious going down right now and we still have a good level to short as you can see (yellow level) if bitcoin goes up, and if btc goes down rapidly then it wouldn't get hit, ultimately I think we go to the blue trend for sure and most probably it will fall under it so badly
Simple but smartHi guys
There is valid support for one-day timeframes. I think you can think about buying until this support is broken. But if this support is broken, it is suitable for getting shorts
Meanwhile, this analysis is only for a fluctuation and it is a bit unlikely at the moment until the price resistance increases
Do not pay attention to shadows
Please like and follow for support
NEAR PROTOCOL SHORT TERM ANALYSISNEAR has been one the strongest alt coins in the entire cryptocurrency market over the last few weeks/months. With that being said, everything that goes up must go down, unfortunately. NEAR has bearish divergences on almost every time frame, and is way too overextended on the weekly and monthly timeframes. I am expecting a top at around $20.5 to 21 USD, where I will be entering a SHORT position with an approximate target of around $13.7. I expect this trade to take around 5-10 days to play out. I believe BTC will dump to mid 30K levels this week, which will be the catalyst for this projected dump.
Safe trading!
ENTRY: $20.5 (50%) , $21 (50%)
EXIT: $14
(NEAR) Where are you going to ? 📈 📉Hello everyone !
Today H₿ Capital is analyzing NEAR based on a « Weekly » chart 📈
What we can see :
- Since October 2020 until now, prices are progressing into a parallel channel. Right now Near is trading right on the upper line of this channel. It seems that 20$ is a strong resistance that Near must break to reach higher levels.
- By using the Trend based Fib extension, we can see that prices had difficulties breaking the 2.618 Fib Extension.
- We got a bearish divergence on the RSI
- The CHOP index tends to decrease which indicates a loss of strength
- Spreads are positive, it would be better if it became negative
What we can expect :
- If prices fail to break the upper line of the parallel channel (which coincides with the 2.618 trend based fib extension) then, we can expect Near to reach the following support levels :
Support levels :
1. 13$ —> 1.618 / 0,382 / Tenkan
2. 11$ —> Kijun / MM20
Best buying area :
1. 8,86$ to 5,64 $ —> 0,618 / 0,786
IF YOU LIKE THIS POST, FEEL FREE TO LEAVE A LIKE AND FOLLOW ⭐ H₿ CAPITAL ⭐
MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
NEAR - Buy it with these TP/SLBYBIT:NEARUSDT
4H trend chart
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NEAR has broken the short-term downtrend line.
And it also met 4H Vegas entry.
So we can open position here with good R/R ratio.
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Profit Targets:
a) 18.714----Blue horizontal ray
b) 20.597--------Fib(1)
c) 22.635~23.460--------Fib(1.272~1.382)
Stop losses:
a) 16.122-----Red horizontal ray
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Have a nice trading!