NEARBTC trade ideas
NEAR: potential long tradeGartley harmonic pattern has been formed in the daily Timeframe. In case of Harmonic patterns, our job is not pattern forecasting, but waiting for the pattern to form, and taking adequate position. In case of NEAR, Gartley has already formed and we are waiting for reversal patterns, such as a Pinbar, or Harami. No such candlestick pattern has been formed, so patience is suggested.
NEAR can go parabolic?YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
********************************************CHECK MY LATEST ANALYSIS DOWN BELOW********************************************
#NEAR/BTC - Potential 16.01% #SWING
#LONG
#NEAR/BTC - Potential 16.01%
Optional Leverage: N/A
Entry - 631
TP1 (75%) - 686
TP2 (25%) - 732
SL - 570
- BTC - BTC PRICE Stable, BTC DOM Decrease = ALTS Increase
- Trigger: Bullish Trend
- RR - 1.66
- Trailing Buy - 1%
- Trailing Profit - 1%
- Trailing Stop-Loss - no
NEAR / BTC bullish Breakout ?NEAR / BTC
just broke descending channel pattern
If bulls keep pushing and hold the price above trendline resistance the next potential target will be around 700 sats lr more
If bulls lost and price return into channel again and break horizontal support below (red color) it will find a new bottom
Please have a plan before trading
Good luck
Near is looking bullish, But WAIT!Near is looking great short term, however on the 1day chart it clearly shows consolidation. I would Hold off about a week and wait until the volume pushes us over the first yellow arrow (25 day moving average line and SSL Chanel line) Once it completes this and or Hits 0.0000377 Feel free to go ahead and throw your stack in ;) I think Near is a solid project with a solid team and should have no problem making gains in the future. Cheers!
NEAR Protocol Higher Low + Higher Volume (55%+ In 24H)What Is Near Protocol (NEAR)?
NEAR Protocol is a decentralized application platform designed to make apps usable on the web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to offer scalability and stable fees.
NEAR is the native utility token that is used for:
- Fees for processing transactions and storing data.
- Running validator nodes on the network via staking NEAR tokens.
- Used for governance votes to determine how network resources are allocated.
NEAR tools include:
- NEAR SDKs which includes standard data structures and testing tools for Rust and AssemblyScript.
- Gitpod for NEAR to create a zero time onboarding experience for developers.
- NEAR Wallet that lets application developers create streamlined user experiences.
- NEAR Explorer to aid with both debugging of contracts and the understanding of network performance.
- NEAR Command Line Tools to allow developers to deploy applications from local environments.
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The NEARBTC chart is a pretty easy one to read.
If you look at the brown trendline, you can easily notice the higher highs and higher lows.
We also have a very strong volume breakout with the strongest volume bar so far for this pair.
Prices are currently trading above EMA10.
Multiple bullish signals...
Additional growth can happen next.
Namaste.
NEARBTC Is trying to flip resistance to support ๐ฆNEARBTC Is trying to flip daily resistance to daily support.
IF the price will close above the structure, According to Plancton's strategy (check our Academy), we can set a nice order
โโโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
NEAR/BTC (2nd Bear Flag Confirmed)๐Technical Analysis Summary๐
BINANCE: NEARBTC
-NEAR broke its consolidation range and the direction is downward
-This is a confirmation of a Bearish flag pattern
-The initial downside target is around 550s sat area
-Watch for price reaction if the NEAR reaches that zone
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Not Financial Advice ๐ธ
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