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NEAR - layer1 race is getting hot?Near is layer-1 project closest to leaders like AVAX EGLD ATOM. A lot is going on: new projects building on NEAR, bridges, and fast growing TVL. Let’s take a look on price chart: - 14$ is important key level. It was tested as support in Jan 2022, and as resistance in Feb 2022. As many L-1 altcoins started to breakout resistance levels, seems like NEAR is next here. - Moving averages’ combinations show uptrend on all timeframe Since downtrend of Jan-Feb 2022, NEAR is recovering faster than amy other L-1 blockchains. Once it breaks 14$ level, 16$ and 20$ levels are on the table. 10.3$ is key support level. Looking forward for updates on NEAR protocol and dynamic price action!
Long
by dakacrypto_TopTraders
1
NZDUSD - Short TradeHey Traders! I would like to share a NZDUSD possible short trade here. As we can see price is approaching at supply zone and we will be looking for a sign of weakness in this zone. If a sign of weakness appears we will execute a short trade here. The best entry point for this trade will be 50% fibo level but a price rejection is must before we take a final decision and it can happen below 50% fibo as well. Just look for a sign of weakness on H1 chart and enjoy your trade. SL - 40 pips above your entry price if your entry price is different from what i have mentioned on the chart. Have fun!
Short
by Hussam-Qazi
ETCBTC - Just bounced from strong fibo level - Trade AdviceWe just noticed basic ~30% retracment from the 3rd eliott wave, 5th wave is about to come and we need to join the train before it goes away, there is really good risk/reward ratio as our stoploss is going to be slightly under 20% and our profit potential is way way higher than 20% so thats the deal we want to look into. HOW TO TRADE ETC : - Buyin Range : 0.003447 - 0.003742 - Stoploss: 0.002897 It is very strong resistance level that already been tested previously and seems to be unbreakable so far, the good thing is that it is only 20% from our "lower buyin range" - Targets : 1. 0.00425 I will keep targets updated after 1st is about to get reached. On the first target id say that you could sell arround 25% just to secure some profits and wait for 5th eliott wave to develop. If you got any questions feel free to comment - I will gladly answer. If you appreciate my work you can leave a tip: BTC: 12Mefu55gj5cyxYTEX82FqcxsUADhKFMhJ ETH: 0xd6e9819f0c5044fff6186826aad193c650c02502 LTC: LgzwNFwEQGUSCNLzD1nb8qv35iQ7KnJCV8 Adios!
Long
by UnknownUnicorn2470774
EUR Long Bias for week 1 aprilBefore I begin , this is nothing but a directional bias based on the current market structure, look for future updates of my bias through the week. New Price structure can always change my ideals. With a huge sell week( literally the biggest sell week since interest rates in dec or trump election) we are currently sitting at a 61.8 fib of the previous swing. with a packed week ahead, I assume for there to be higher than average vol. Price may initially push up back into the recent selloff & that is the first opportunity im looking for this week. If this low gets broken,( 1.0640s-30s) then ill reevaluates & see how price structure forms for a different opportunity
Long
by motivfx