NEARUSDT
✅ NEAR fall to the biggest support! Long then?Hi friends! The whales make a trap pushing a Near price higher. After this bought they Near 10% lower. The volume bars confirm it for us. Nice profit.
What is the highest possible scenario now? Near fall to the biggest $0.41-0.45 value area and the bottom border of the channel. So what does it mean? Double support for the price.
But we can expect the same manipulation at the bottom of the channel by the whales. They must want to collect liquidity below the lower border. So it will be our chance to open the trade with the whales.
📊 Preconditions to open the long:
🔥 liquidity collection (trap) at the bottom of the channel
🔥 volume growth. Pay your attention to the volume indicator which confirms you the pressence of buyer. Almost 7-8 times they accumulate NEAR at the bottom. Hope it will happen this time
🔥 DOM and Footprint shows us the real whales orders to BUY during the manipulations
🔥 bullish BTC of course
🚩 DOM and Footprint are the tools that i use for scalping. They help me to identify the best places to buy and sell crypto with the whales. Everyone can use because it`s avaliable for free.
📊 The targets: ,
1. $5 - the key level and huge resistance
2. $6.1 - the key level and local high
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
NEAR/USDT UPDATE In 4 Hour 😊👍Hello 🌟🚀
NEAR cryptocurrency was able to react to its $5.2 target. ✔
If it stabilizes above the range of $5.2 (Order block), it has the ability to realize the levels of $5.5, $5.8 and the resistance area of $6.
Otherwise, with the loss of the daily support area of $4.6, the price is expected to react to the level of $4 and the support area of $3.7.
ArzToday Team 🌈
NEAR inverted head and shoulders#NEAR/USDT
$NEAR shaped an inverted head and shoulders pattern.
🐮 if price hold the previous low at $4.088, the right shoulder is completed and price can head up to break out the neck line and rise as high as head.
🐻🐮 I think price can have another leg down to make the low of right shoulder around $3.9 which is around parallel trend line of neckline, then increase to complete the H&S pattern.
NEAR/USDT 4HOUR Up or Down ?🌞Hello guys🌝
The NEAR digital currency has reached the daily support range of $3.7 and returned to the resistance area of $4.6, which is considered the most important resistance area for the growth of this cryptocurrency.
By fixing the price above the resistance area of $4.6, it has the ability to realize the targets of $4.95 and $5.2.
Otherwise, with the loss of the daily support area of $3.7, the price will see the levels of $3.3 and the green support area of $3.
If needed, a new update will be available to you.
Arztoday🌈
NEARUSDT 12h Strong rebound and good prospects for NEAR priceAfter the market crash on 09/06/22, when BTCUSDT price updated the local low, many altcoins partially repeated this maneuver, but without updating the lows.
But already today we see that the NEARUSDT price not only did not renew the lows of the previous months, but also showed one of the best rebounds upwards.
Well, with such strength and enthusiasm of NEAR buyers, we can expect a continuation of good growth in the area of $5.60
Local correction to $4.15 before the continuation of growth will also be within adequate limits without breaking the structure of the future growth pattern.
Globally, the reversal and change of the trend is a long process, not everyone has the patience to sit out in the crypt. As a result, units will be rewarded for patience, and the rest will be catching up in the course of growth, pumping the market with fresh money.
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NEAR: market analysis fir NEAR starts forming a converging formation on the Daily timeframe. The upper border of this price range is the resistance level formed on August 30 – September 2. The borders of this resistance are $4.57 – $4.37. The nearest support was formed on September 2 – 5. Its borders are $4.07 – $4.17.
This price range is likely to be broken through soon. The price is in the resistance zone now.
After the bullish candle on the Daily timeframe is closed above the resistance level the market will reverse and the uptrend will start. The first target in this case is the resistance level formed on August 10 – 14 with the borders of $5.95 – $6.20 .
When breaking through the support, the trend will continue and we should look for selling opportunities. In this case the target will be around the support level with the borders of $3.70 – $3.76.
NEAR Quick Long PlayOn the 4HR NEAR is been going sideways and could have a quick pop.
Stock RSI at bottom and should be turning around.
TP 4.40
SL 4.08
Always DO YOUR OWN Research.
I took this trade on a small 4X leverage over on the MEXC exchange.
For more IDEAS be sure to follow me here on TradingView
Carlos