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NEAR / TetherUS

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NEARUSDT trade ideas

NEARUSDT → Double bottom and range breaking BINANCE:NEARUSDT forms several key setups which are quite strong prerequisites for further growth. What to expect from the price? A double bottom is forming at the level of 1.229. The formation period is 7 months. Price is accumulating a huge amount of energy during this period while a range (consolidation) of 1.229-2.596 is forming. At the same time the price breaks the resistance of the descending wedge. In that case, if the bulls hold their positions above the previously broken line, we will see a rise to the upper boundary of the range in the medium term. A breakout of 2.596 will take the price to 3.361. The moving averages are still as resistance, but MA-50 has been tested and may be broken soon. Support levels: the previously broken range boundary, the level of 1.229 Resistance levels: MA-50, 1.800, MA-200 I expect predictable reaction from the bulls. A consolidation above the previously broken line will form an entry point to long positions, and after that I will wait for an increase to resistances. Regards R.Linda!
Long
by RLinda
14
NEAR Protocol forecasts bullish ride? 👀 🚀NEAR Today Analysis 💎 NearUSDT has executed a remarkable breakout from the descending channel, indicating that it's primed for a bullish surge. 💎In addition to the breakout, we're also on the brink of witnessing a crossover of the EMA 50. If the price sustains above this EMA, we're in for a profitable trade. 💎The presence of substantial volume amplifies the potential for a bullish move, and trading in a high-demand area is a factor that cannot be overlooked. All these elements collectively point towards a promising upward move. 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey.
Long
by MyCryptoParadise_Simon
2
NEARUSDT is testing the key levelthe price of NEARUSDT is currently testing a significant key level, representing a pivotal point in determining its future direction. As per Plancton's rules, which are based on a strategic trading approach, there is a possibility of a potential long position in this scenario. If the price successfully breaks through the key level, it may attract new liquidity into the market. This influx of liquidity could lead to increased buying pressure, potentially driving the price of NEARUSDT higher. Traders following Plancton's rules would closely monitor the price action, looking for confirmation signals such as a decisive break above the key level or a strong bullish momentum. These signals would provide the necessary indication to initiate a long position, with the expectation that the price may continue its upward movement and present profitable trading opportunities. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
10
NEARUSDT may be ready to drop to next weekly support 0.95-1.05The price broke down from weekly support on the last drop a week ago and closed below it. This week it has moved up and almost touching the broken support zone. However, it does not seem like it is going to move up and claim this support. A few hours are left and if that happens in these few hours than it will be bullish and the price will be ready to move up towards the weekly resistance WR1. But from current price action it seems likely that the price may be getting ready for a drop towards weekly support WS2 which is sitting around 0.95-1.05.
Short
by angela_altair
NEAR Possibilitie's Trade setup>>>> I Have Tried My Best to Bring the best Possible outcome in this Chart. In shorter time frame We can buy in Midline/Bottom and sell in top line of downside channel. As we can see NEAR make a H&S pattern's in movement's, So in case of pass necklione It will have the potential for price growth to 1.3--1.36USDT. Plz set SL at first. Comment: High risk in futures trading Must important level's marked on the chart. Not a financial advise. PLZ DYOR With hopping success>>>>>>
Long
by imanff
NEARUSDT.1WHello dear friends, *Mars Signals Team wishes you high profits* This is a weekly timeframe analysis for NEARUSDT.1W We are in a weekly period. As you can see, the price has reached our weekly support zone and is swinging above our first support zone. As you can see, the previous day's candle was a bearish Marabouzo candle, which shows selling pressure. We should wait until the weekly candle closes so that we can analyze the market for the long term. But currently, if the price can stabilize above our support line as before, we are considering a climb up to the first resistance zone. But if it falls completely below our support line, we expect more losses for this coin. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
by MarsSignals
2
NEAR The situation that has now developed in the crypto market is similar to the one that was at the beginning of this year. When there were legal proceedings with the FTX crypto exchange. Now the major players in the crypto industry BINANCE and COINBASE are under attack. But it should be noted that in the Near cryptocurrency, the latest local liquidity and lows are almost in the same price ranges. I think that the situation with these crypto exchanges will calm down and the market will follow the same scenario as at the beginning of the year. What I can’t say about Bitcoin, in view of the fact that after the collapse of altcoins, Bitcoin has a total advantage. What market makers can use and start lowering the price of the first cryptocurrency.
Long
by TradingForProfitPro