NEARUSDT2 longterm downtrend breakouts
alts are popping in a seemingly random order
this ones structure is similar to others that ended up with a large weekly/daily candle that reclaimed the low of the old range
link right now ie
obv looking like a massive bullflag with some downside deviation
price obviously is down \massively in that timeframe..
NEARUSDT trade ideas
NEAR - getting ready for a strong exit from the downtrend?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
The NEAR coin, after a strong fall, was able to recover and exit the global downtrend by breaking through the global countertrend line.
At the moment, there is a slight rebound in altcoins on the market, but soon everything can also change and we will again get a rollback in the NEAR coin to the $1.4-1.35 zone
So here you need to act according to the situation, if you are going to speculate on a price increase, then I recommend waiting for a small rollback and already acting according to the situation. I take such coins in the long run with a leverage of no more than 1-2X
Brief Analysis ——NEARThe brief analysis yesterday received a lot of discussion in our community. So we continue to bring a brief analysis of 3 tokens which are participating ETHCC conference today. They are LDO, NEAR and ICP.
In the upward process indicated by the green arrow, the strength of the bulls is not strong, and the length of the green candles is lower than that of the red candles in the previous decline. And the price has never recovered the losses caused by the SEC. After nearly half a month of volatility, the bulls launched an attack again last Thursday, but did not break through the previous high. The two upward pin-bars indicate resistance near the 1.5. But unlike Jun.26, after the pin-bar appeared this time, the bulls did not weaken and the price fluctuated at the current position for several days.
Conclusion: The high probability rise has not ended. The price can still remain fluctuating after the bears strengthen. It is difficult to stop the rise at this position, so we give this conclusion. But NEAR remains bearish at a large level, so the increase will not be large. We set the resistance level at 1.6. We think the price may retest 1.6 again this week. And we set the support level at 1.3.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
NEARUSDT H1 : SHORT SETUP WITH LIQHi Guys Hope you well.
As you know we have liq and the top and I share short setup with You please check it by your own.
SecondChanceCrypto
⏰17/JULY/23
⛔️DYOR
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 comments.
#NEARUSDT #LQR #TOBTC #LaqiraProtocolDue to the bearish momentum if correction of the market in the resistance zone.
you can open a sell position after confirming and matching with Bitcoin levels.
Scalpe support zone is also specified in the chart
After confirmation and matching with Bitcoin level
you can open long positions This analysis is not an offer to buy or sell.
🔥 NEAR Huge Falling Wedge Break OutNEAR has been trading bearish since the April top 2022. This trade is based on the premise that NEAR's bear market is over and that the price will move up in the future. Keep in mind to wait for the price to break through the top resistance of the pattern and close above it to confirm the break out.
Target placed at the all-time highs, stop below the recent bear market lows. For less risky trade you could take (partial) profits around 6.00 and 8.00
Near price comes to life!) Holders have been waiting for you)NEAR price has dropped back into the $1.20-1.30 liquidity zone
At the beginning of its trading, NEARUSDT, after breaking through this liquidity zone, began a solid and solid price growth.
In 2023, the NEARUSD price is testing this level for the third time, which is probably a strong mirror zone.
The only nuance is that in six months of 2023, the price of BTC roughly doubled from $15k to $30k, while the price of Near did not.
Therefore, keeping our fingers crossed for NEAR, we can assume that if buyers manage to hold the $1.25 level, they should be able to double the NEARUSDT price to $2.75 just to catch up with the amplitude of BTC's growth.
However, if NEARUSDT drops and consolidates below $1.20, then it's nothing personal, but the next stop from the bottom is $0.90.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
NEAR: OVERVIEWDisclaimer
High Risk Investment
Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form.
A qualified professional should be consulted before making any financial decisions.
-------------------------------------------------------------------------------------------------------------------