NEARUSD
NEAR - getting ready for a strong exit from the downtrend?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
The NEAR coin, after a strong fall, was able to recover and exit the global downtrend by breaking through the global countertrend line.
At the moment, there is a slight rebound in altcoins on the market, but soon everything can also change and we will again get a rollback in the NEAR coin to the $1.4-1.35 zone
So here you need to act according to the situation, if you are going to speculate on a price increase, then I recommend waiting for a small rollback and already acting according to the situation. I take such coins in the long run with a leverage of no more than 1-2X
Near price comes to life!) Holders have been waiting for you)NEAR price has dropped back into the $1.20-1.30 liquidity zone
At the beginning of its trading, NEARUSDT, after breaking through this liquidity zone, began a solid and solid price growth.
In 2023, the NEARUSD price is testing this level for the third time, which is probably a strong mirror zone.
The only nuance is that in six months of 2023, the price of BTC roughly doubled from $15k to $30k, while the price of Near did not.
Therefore, keeping our fingers crossed for NEAR, we can assume that if buyers manage to hold the $1.25 level, they should be able to double the NEARUSDT price to $2.75 just to catch up with the amplitude of BTC's growth.
However, if NEARUSDT drops and consolidates below $1.20, then it's nothing personal, but the next stop from the bottom is $0.90.
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NEAR SHORT SETUPHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT 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
NEARUSD Still inside a Channel Down despite the rise.NEARUSD is having today the strongest 1D green candle since January 14th.
With that, it crossed over the MA50 (1d) for the first time since April 26th.
Despite the positives, it remains inside a long term Channel Down since the start of February and we should treat it as such.
Trading Plan:
1. Sell at the top of the Channel Down.
2. Buy if the price breaks over the Falling Resistance.
Targets:
1. 1.3700 (0.236 Fibonacci level).
2. 2.4000 (Resistance 1 and 0.786 Fibonacci).
Tips:
1. The RSI (1d) has already crossed over its Falling Resistance and reached he highs of April 15th. That might be an early Channel Down bullish breakout sign for the price.
Please like, follow and comment!!
NEAR is still fallingHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT 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
NEARUSDTIn the chart, you can see that we have seen a downward movement that has created a downward trend line.
The price was previously rejected by the 0.618 Fibonacci line and was rejected again by the 0.5 Fibonacci line and went down.
I expect the price to rise to $2.075 and go back down, and of course we have good support at $1.75.
NEAR - I will invest at $0.5Hello, guys!
It's time to consider the altcoins which I plan to invest in. The first one is NEAR. I know it's fundamentally strong crypto asset which will show the huge growth in the next bull cycle with the high probability.
I marked the large bear market waves 3 and 4 and potential wave 5 to make it clear which market straucture I am going to trade. I consider now NEAR is printing last wave 5 which shoul contain with 5 waves also. It looks like nowa asset is in the wave 3 - the most impulsive one. Thus, in my opinion any purchases now are too dangerous. The target area where I expect the bottom is 1.61 Fibonacci extension. This is approximately $0.5 per coin.
Best regards, Ivan
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✅TS ❕ NEARUSD: reached the resistance✅✅ NEAR/USDT broke the upward structure.
The chart instantly reacted to the resistance area.
The price of the asset will turn around and begin to decline. ✅
🚀 SELL scenario: short to 2.13 🚀
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Remember, there is no place for luck in trading - only strategy!
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