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NEARBTC trade ideas

Near Protocol | Same Pattern Can Lead To 88% Easy/FastTo conclude this series of trade ideas, we will look at the same pattern on the Near Protocol (NEARBTC) daily chart. We have the low, this time 11-May followed by a lower low 13-June. This is accompained by divergence on the RSI and a bullish breakout. We can expect the next jump to push prices above EMA300, MA200 and higher. That is why we are mapping 88% on the next jump with additional potential in the weeks and months to come. Thank you for reading and for your continued support. Namaste.
Long
by MasterAnanda
NEARBTCGeneral Guide: 1.) Anything above price is a resistance, anything below is support. 2.) Proceed with caution when taking a trade based off of this chart. 3.) Make a copy of it to watch it in real-time. Click the share button, then "Make it Mine" 4.) It is very risky to set limit orders, I advise you to set alarms and when it hits, check how it reacts. 5.) Watch the BTC pair closely as price will generally follow that pair. 6.) Definition of Terms: Bearish/Bullish Order Block (OB) - Price rejects or bounces respectively. (Monthly/Weekly/Daily) Liquidity - Where retail stop loss orders are. pm/pw/pd/pr - Previous Month/Week/Daily/Range VAH/VAL/POC - Value Area High/Low and Point of Control (70% of traded volume in a range) OTE - Optimal Trade Entry Rectangles - Liquidity Pools Diagonals - Probably a Fib Resistance Fan, Pitchfork or Pitch fan nPOC - Naked Point of Control Eq - Price Equilibrium Single Prints - Liquidity Voids
by warudo_
NEARBTCHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. You can see the S1 support which has supported the price. There is also another support S2 which can enable the price to go up to the R1 resistance. The price can come down to the S2 line once more and then go up. If it breaks the S2 line, then our bullish scenario would fail and the S3 would be the next support for the price. 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
Long
by MarsSignals
2
Near protocol retraces and resumes another bullish biasHello Merchants of Near Protocol!!! Here is a new week and we are all aware that Near Protocol keeps holding onto its bullish bias against BItcoin’s bearish price movement. This analysis is aimed at predicting Near protocol’s next move and possible areas of value in comparison with Bitcoin’s current price position. After the breakout above the resistance level at $18, the RSI showed a continuous bullish flow and is still below the overbought region. With BTC at 42.7k currently, Near Protocol is still holding prices above the $18. The RSI for NEAR/BTC shows a bearish flow with a reduced bullish pressure hoping to balance the last price breakout and bring price to the current support at $18 before resuming a new bullish impulse to the next resistance level at $22.6 Nonetheless, RSI at 68% could still be bullish until 80%. Good buy positions still at $17.1 and $18.0 For long term Hodlers, now is still a good entry for Near Protocol because price is definitely going higher. NFA Goodluck Trading!
Long
by merchants_of_near
Bullish momentum, but needs a cooldownNEAR may still have some juice in the tank vs BTC, but we're entering buyer exhaustion on the daily chart. Too much risk to enter long here with the way I trade. I'm anticipating a bullish cooldown, perhaps back to the 50 EMA, in the next couple weeks and will look for a potential entry. ------------------------------------------------- These are my personal views and not financial advice. Please do your own research before investing. I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly. If you appreciated this analysis, consider Liking or Following. Thanks!
by mercury_rising
NEAR/BTC midweek analysis.Midweek NEAR/BTC analysis: On the NEAR/BTC chart we can clearly see a V-top in the structure. This structure is less dramatic than a M-top. The V-top means that we are going to revisit the tops again sooner then with an M-top. BTC is on a roll today with an average of 10% upside. This is very likely to continue on the short term meaning that the altcoins will take a small hit. However everytime a not so fundamentally coin (Shiba Inu) reaches new highs that is an indication of an altcoin that is going to start. Strap yourselves and get ready for take off!
by merchants_of_near