NEARUSDT Ready for Takeoff!!NEARUSDT has successfully broken out of its trend and retraced, and it’s now setting its sights on key resistance levels. A successful breakout could trigger a significant upward move, making this an exciting opportunity for traders. Remember to always maintain your stop loss to manage risk effectively. Keep an eye on NEARUSDT—it might just take off!
NEARUSDT Currently trading at $5.2
Buy level: Above $5.2
Stop loss: Below $4.35
TP1: $5.8
TP2: $6.5
TP3: $7.5
TP4: $9
Max Leverage 3x
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NEARUSDTPERP
Near Protocol NEAR price is lazily creeping upAt the moment, we can see the potential for OKX:NEARUSDT to rise to the range of $6-6.50
Here you will need to decide for yourself whether to hold the position further or get rid of it
Only a confident fix #NEARUSD price above $6.50 can give CRYPTOCAP:NEAR a growth potential up to $10
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Adapting for the Perfect Short Setup on CRYPTO30As CRYPTO30 consolidates, we’re nearing a potential short setup that echoes the ideal conditions from late August. Here's how I plan to approach this trade, focusing on volatility and Bollinger Band dynamics.
Why the CRYPTO30 Index?
The CRYPTO30 Index aggregates the price movements of the top 30 cryptocurrencies by market cap, providing a broad view of the overall crypto market. Using this index helps gauge general sentiment, as it reflects how the majority of leading cryptos are moving in tandem. By focusing on CRYPTO30, I can analyze the market's collective behavior, which often leads individual coins. This makes it a valuable tool for timing short positions, as large-scale sentiment changes are easier to spot in an index than in single assets.
Previous Setup: The Perfect Short on August 25
On August 25, we encountered an ideal shorting opportunity as price and volatility reached overbought levels. The key signal was when the ATR% closed back inside the 2 standard deviation Bollinger Band, indicating volatility was contracting. This provided a low-risk, high-reward setup, as the market was primed for a pullback.
Trade Exit Strategy
For that August 25 trade, my exit criteria were straightforward:
-20% Profit Target, or
-ATR% closes back outside the 2 standard deviation high volatility (red) zone.
This allowed me to maximize potential gains while protecting against expanding volatility, which could lead to an adverse market move.
Current Market Outlook
Now, volatility is compressing again, as indicated by the declining ATR%. My primary setup is waiting for the ATR% to close back inside the 2-stdev Bollinger Band. This would be the ideal short entry, as it signals overbought conditions with volatility contracting, similar to August 25.
Adapted Short Entry Strategy
However, if the market doesn’t give me that perfect entry and instead begins to reject from current levels, I’ll adapt. In this case, I’ll enter a short if the price closes inside the red Bollinger Band channel (2-3 standard deviations), signaling a potential overbought reversal.
Adapted Exit Strategy
For this adapted scenario, my exit strategy will also change.
-I will exit the trade if: The price closes outside the red Bollinger Band channel before moving 2 standard deviations after entering it. This exit minimizes risk in case of a false breakout or quick market reversal.
Indicators to Watch
ATR Percentage & Bollinger Bands: I use an indicator that combines both ATR% and Bollinger Bands. I’m watching for ATR% to drop inside the 2-stdev band or for price rejection inside the red channel.
Z-Score & Z-Score of RSI: These indicators help confirm overbought/oversold conditions, adding further confirmation to my short setup.
Trading Plan
Primary Short Entry (Ideal Setup): I’ll enter a short when the ATR% closes back inside the 2-stdev Bollinger Band, mimicking the August 25 trade for optimal risk-reward.
Adapted Short Entry: If the market doesn’t provide the ideal setup, I’ll adapt and enter when the price closes inside the red Bollinger Band channel (2-3 standard deviations), indicating potential overbought conditions.
Trade Exit Strategy
-20% Profit Target: I’ll exit the trade at a 20% profit.
-ATR% Breakout: Alternatively, if the ATR% closes outside the 2-stdev high volatility zone, I’ll exit to manage risk.
-Adapted Scenario Exit: If the price closes outside the red Bollinger Band channel before moving 2 standard deviations after entry, I’ll exit to minimize risk from a false breakout.
Risk Management
-Stop Loss: My stop will be placed just above the Bollinger Band or near the entry point, depending on the setup, ensuring minimal risk.
-Profit Target: I’ll aim for a mean reversion toward the middle Bollinger Band or secure profits at the 20% level.
This strategy hinges on volatility compression and overbought conditions. My ideal short entry remains when ATR% closes back inside the 2-stdev Bollinger Band, but I’m ready to adapt and enter if the price closes inside the red Bollinger Band channel.
I’ll manage exits based on either hitting a 20% profit, ATR% expanding, or the price closing outside the red Bollinger Band before moving 2 standard deviations.
Why Trade High-Beta Coins on Bybit?
When trading derivatives, high-beta coins (beta > 1.5) offer significant opportunities due to their higher volatility relative to the broader market. Beta is a measure of an asset's sensitivity to market movements. Coins with a beta above 1.5 tend to move more aggressively than the overall market, which can work in favor of a trader looking to capitalize on price fluctuations.
For example:
ARBUSDT , AVAXUSDT , FILUSDT , NEARUSDT , SOLUSDT , and TONUSDT are all coins with high beta values.
Advantages of Trading High-Beta Coins
Increased Volatility: High-beta coins tend to experience larger price swings compared to the market average. For derivative traders, this increased volatility translates into more profit opportunities when positioned correctly.
Amplified Returns: When the market trends strongly, these coins will usually move with a higher magnitude, meaning the potential for gains is larger than with low-beta assets.
Directional Bets: If you have a strong conviction on market direction (bullish or bearish), high-beta coins allow for bigger moves, enhancing profitability in derivative trades like futures or perpetual contracts.
Hedge Opportunities: Traders can also use high-beta assets to hedge more stable positions or portfolios, as their exaggerated movements can offset losses elsewhere.
Near Will Rise AgainNear has risen upwards from bottom of its parallel channel. I'll assume it will follow it again.
As an extra, we have a golden cross on MACD daily chart.
Risk can be accepted.
Use stop loss if it breaks 4.412.
There will be 3 targets, once the first one hit, move your stoploss to the breakeven or higher and close %33 of the position.
TP 1- 5.755
TP 2- 6,762
TP 3- 7,8
You can enter now or lower, your choice.
#NEAR/USDT Can this Altcoin hit $100?🚀 NEAR/USDT Trade Update🚀
NEAR is trading at an attractive price point.
It already broke out on 14th May and has been retesting for the last 2 weeks.
It is one of the few coins I will be holding with low leverage for the next few months.
- Entry: $7.462 add up to $6.15 if it gets there.
- Target: $30.201 to $100
- Stop Loss: $5.926
This altcoin can easily hit $100 by the end of this bull run! 🚀🌕
It is one of the strongest altcoins in AI and Big Data Narratives.
DYOR, NFA
Please hit the like button and share your views in the comment section.
#PEACE
near → at least 50% profithello guys...
as you can see, BINANCE:NEARUSDT is on an ascending channel!
on the other hand, it made a double head and shoulders pattern and broke the neckline!
you can enter when the retracement happens and put your target on 10.84$. so you can get at least 50% profit!
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✓✓✓ always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Near protocol NEAR price finished its correction?Today, we'll talk about the prospects for #NEARUSDT price movement
The last time we wrote a medium-term forecast for Near's price movement was 4 months ago.
The forecast was $3.70 ↘️$2.50 ️↗️ $10, and the current high was $9
Come on, admit it, who started selling AMEX:NEAR before the target ?)
When the correction began, we made an estimate of where it would be interesting to buy #Nearusd - $3.85 - $4.50.
The price has already squeezed there, and to be honest, we would not want to see NEAR below $4.
And if you look at the current chart of NEARUSDT on the 12-hour timeframe, you will see 5-6 "shadows" from the bottom, which means that the coin is being bought back.
Our medium-term targets for the Near protocol token price are $10 - $13 - $15.50 - and ATH = $20
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#NEAR/USDT Short term Target!#NEAR for the long term seems like a solid choice.
Its strong tokenomics and competent team make it a promising asset.
The chart indicates the potential for significant growth in the next few weeks.
Don't be shocked to see it reach triple-digit prices when the real alt season hits!
In the short term, a trading price above $10 seems probable.
Consider adding more if it drops below $5.
Remember to Do Your Own Research.
NFA
#NEAR/USDT
#NEAR
The price is moving in a descending channel on a 4-hour frame. The price is moving within it and adhering to its limits well, and it has just been breached to the top.
We have a major support area at Saad $6
We have a higher stability moving average of 100
We have an uptrend on the RSI that is about to bounce back
Entry price is 6.80
The first goal is 7.50
The second goal is 8.07
the third goal is 8.67
Near/Usdt Plan The NEAR/USD price is currently breaking out of the trendline resistance on the 4-hour time-frame. In the event of a successful breakout, I anticipate a significant bullish movement happening soon. Please note that this is not financial advice, so make sure to do your own research (DYOR) before making any investment decisions.
Near/Usdt Plan Near/USDT has recently experienced a breakout from a triangle pattern on the 4-hour time frame. This breakout has already been confirmed, and the retest of the breakout level seems to be nearly completed. As a result, there is an expectation of a 20-40% bullish move in the short term for Near/USDT.
Please note that the information provided is for educational purposes only and should not be considered as financial advice. It is essential to conduct your research (DYOR) before making any investment decisions.
NEARUSDT Major Trend BreakoutNEARUSDT (1W Chart) Technical analysis
NEARUSDT (1W Chart) Currently trading at $1.556
Buy level: Above $1.58
Stop loss: Below $1.2
TP1: $2
TP2: $2.5
TP3: $3.7
TP4: $6
Max Leverage 2x/Spot Market
Always keep Stop loss
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Is NEAR chasing a new ATH?Hello everyone!
The #NEAR cryptocurrency has already brought us good profits last year. I suggest you consider entering a trade at this point.
At the $6 level, we have a strong support zone that is clearly visible on the chart.
You can open a position from the current price levels, or you can also place another buy order around $6 just to be safe.
The main target is $12.48. You can also set sell orders at all the important Fibonacci levels:
$10.85
$9.43
$7.92
I believe that the asset may continue to move above these levels.
This is not financial advice, and all trading is done at your own risk!
Follow me to receive more trading ideas.
3 possible scenarios for NEAR price movement in the coming monthDo you think that yesterday's "shaking out" of positions was at the same time a necessary correction to continue growth?
Or can and should the NEARUSDT price still correct to before continuing to $2.5 grow to $10?
Or maybe it's "game over"? NEAR price growth cycle over and a deep correction to the $1.5 area ahead?
Vote in the comments which scenario you prefer, or write your own version.
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#NEAR/USDT#NEAR
The price is moving in a descending triangle on the 12-hour frame
We have a commitment to the boundaries of that triangle
Now the triangle is about to break upward, as well as the Moving Average 100 breakout
We have buying momentum on the MACD indicator
Entry price 2.93
First goal 3.32
The second goal is 3.65
Third goal 4.10