NEAR: market anakysis for August 9NEAR is in the bullish trend on the Daily timeframe. Another high of $4.70 was updated on August 5. Now the correction may start in the market.
A pullback buying opportunity will appear after the correction formation on the Daily timeframe. The correction which has just started may form another resistance where the high of August 8 will become its upper border.
The main target for the bullish movement is the resistance level formed on May 30 – June 1 . Its borders are $5.96 – $6.22.
Long positions will remain relevant until the market is above the nearest support level on the Daily timeframe, the lows of July 30 – August 3. The borders of this support are $3.95 – $4.18.
When breaking through the support, the movement potential is limited since the next support is slightly below these levels.
NEARUSDT
NEARUSDT 1D Near Protocol price growth is acceleratingThe Nearusdt price movement structure is different from most altcoins.
Most altcoins started their downtrend back in late 2021 - early 2022.
The Nearusd price was still actively growing in April 2022, and then large buyers seemed to abruptly leave NEAR and the price irretrievably fell from $18 to $3. It hurts for those who trade without stops.
A new set of longs took place in the range of 3-4 dollars.
Now the Nearusdt price is starting to gain the amplitude of parabolic growth.
However, at the moment, we hardly believe that the Near price will be able to break through and establish itself above the liquidity zone of $6.90-7.60 from the first time. Therefore, this is the first strong target where longs taken below can begin to close.
If we see activity from you under this idea in the form of likes and comments, then after reaching the goal, we will update our thoughts regarding the possible further price movement of the Near Protocol.
Therefore, if you are interested in NEAR, everything is in your hands :)
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Near will continue to move up as we approach the conference.Traditionally build up to conferences are good for tokens, even in a bear market.
NEAR has a good conference coming up, with a lot of strong partners and some expected announcement, the build up to the conference should see some positive price action that should move us to $6
There is currently some resistance at $5.100 but we should break through it in the coming days as people take profit from earlier trades.
While this happens we could go sideway between $5.00 and $5.25
TP1: $6.00 (50%)
TP2: $7.00 (50%)
SL: initially $4.5 but moving up
NEAR hello guys this is my trading idea about NEAR .
MY idea I thing that buyers from this area will be defend this long position
and when the price come back to this area, strong buyers will be push up the market again
Uptrend + Strong volume area is my mainly reason for this long trade
If you like my trading idea please like and share and follow
Thanks Turtle Trader .
NEARUSDT |Coin Review|hello, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
I will not paint a lot, I think there is an understandable TA and so.
The NEAR coin is now near the local resistance, I think it can bounce back and show a 5 rebound from the local resistance.
Like and write your comments what do you think about this?👇
NEAR Protocol (NEAR) - July 29Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(NEARUSDT 1W Chart)
On the 18th of July, the HA-Low indicator moved higher and started to cross.
Therefore, if it finds support and moves higher near 3.802, it is expected that the uptrend will continue.
In order to show a full-fledged uptrend, the HA-High indicator should drop and cross, and it should rise with support near the HA-High indicator.
(1D chart)
If the price holds above the 4.184 point, the HA-High indicator, it is likely to turn into an uptrend.
Primary resistance: 5.350
Secondary resistance: 8.002-9.113
A decline below the 3.802-4.184 section is expected to lead to further declines.
Therefore, when it falls below 3.435, Stop Loss is required.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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NEARUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for NEARUSDT
Here we have R1 which used to be a support line. And S1 used to be a resistance area and the unsuccessful attempts of the price to rise is clear in it. At the present, we have the fluctuation of price over R1 and we believe it will rise a little and here our short position is activated and then the price will start a fall toward S1. If the price fixes above R1 and we receive some confirmation candles there, it will rise more.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
NEAR Protocol Enters Bullish Territory (135% to 240% Profits)After a rounding bottom pattern we can see that NEAR Protocol (NEARUSDT) is now challenging EMA50.
Above EMA50 we enter bullish territory and the doors opens for additional growth.
This will be a very good weekend for the entire Cryptocurrency market, so make sure to position yourself to benefit from this wave.
Namaste.