Near Protocol NEAR price - maybe it's time?)For 1.5 months, the CRYPTOCAP:NEAR price hasn't done anything spectacular, it has been in red consolidation, as we have shown schematically.
However, now, the trading volume of OKX:NEARUSDT has increased (17th place among all cryptocurrencies), which may be the final stage of consolidation before a breakout.
1️⃣ Of course, first, the #NEARUSD price needs to firmly establish itself above $6-6.50
2️⃣ And only then, it will be possible to aim for the $13 area
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NEARUSDT trade ideas
NEAR Long Spot Trade (Double Bottom & 200 EMA Retest)Market Context: NEAR is showing a bullish double bottom pattern at a key support level. With the Stochastic RSI indicating a peak, a slight retracement is expected before testing the 200 EMA, setting up a potential move to the upside.
Trade Setup:
Entry: Enter a trade between $4.50 and $5.00
Take Profit Targets:
First target: $6.23
Second target: $7.35
Third target: $8.20
Stop Loss: Daily close below $4.00
This setup leverages the double bottom formation and tests of the 200 EMA as confirmation for a continuation of the upward trend. #NEAR
Momentum Rating Update - NEAR/USDTOur Bullfinder AI Tech has identified a potential opportunity within NEAR/USDT BINANCE:NEARUSDT over the coming weeks and months, rating NEAR as 'bullish' above $5.218...
Upon reviewing latest developments, our founding Team have identified $4.505 as an important price point to monitor. If price moves below this price point, bearish continuation risk may increase substantially.
We look forward to bringing you more great content within our publications, and thank you for being here with us!
Love & Wisdom,
Team at Bullfinder AI
NEAR Protocol, Where To Next?$12 and $18, these are the medium-term targets for NEARUSDT (NEAR Protocol).
NEAR was in the same situation last year, around October 2023, after a period of consolidation it was preparing to produce a strong advance. This advance has been corrected and ended in August with a long-term higher low. We have consolidation and the market is ready for another wave of growth.
This wave will be nothing like what we saw recently, it will be many times stronger and we are likely looking at a new All-Time High in 2025. We will visit this potential later on. Right now, I am mapping the mid-term targets for you, these can be seen on the chart.
This pair is ready, the market is ready; Bitcoin is going up!
➢ When Bitcoin booms, the market booms.
➢ When Bitcoin grows, the Altcoins grow.
Since Bitcoin is hitting new All-Time Highs, daily, it is only a matter of time before NEARUSDT breaks up. It will grow for months, and long-term based on higher highs and higher lows.
Namaste.
NEAR Protocol: Triple Bottom Pattern with Bullish PotentialNEAR Protocol appears to have formed a triple bottom pattern and is currently trading near the neckline resistance at $4.45. A breakout here would signal a continuation of the impulsive move, suggesting the potential for further upside with targets around $5 and beyond.
However, a pullback to retest the $3.90 zone could provide a stronger confirmation of the triple bottom pattern, allowing bulls to consolidate and prepare for a more sustained push higher.
Traders should monitor volume and momentum at the $4.45 level to confirm the breakout, while a retest at $3.90 could offer an additional entry point if initial resistance holds.
NEAR/USDT Has Built Cup & Handle Pattern...To The Moon?I spotted irregular, weird but still visible Cup & Handle pattern (yellow) on NEAR/USDt chart.
The timing is beautiful as all elements have already been shaped as the price
is breaking out of the Handle.
The target is measured by adding the depth of the Cup to the breakout of Handle.
It is located around $19, however the price action usually aims at retesting nearest extreme points and the all-time high of $20.6 perfectly matches that principle.
Bitcoin hit the all-time high already, Solana (rival platform) is close to all-time high.
This could support this idea.
#NEAR (SPOT) entry range( 3.600- 4.800)T.(16.300) SL(3.423)BINANCE:NEARUSDT
entry range( 3.600- 4.800)
Target1 (7.230) - Target2 (11.700)- Target3 (16.300)
SL .1D close below (3.423)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #PORTAL #GRT #GMT # IDEX #NEAR ***
NEAR Protocol: The Bearish ImpulseNEARUSDT (NEAR Protocol) started growing from a low point that was hit mid-August 2023. This low point was a price of 0.9254. After some consolidation, a bullish wave developed (mid-October 2023) that lasted 148 days, until 15-March 2024. Total growth for this period amounted to 873%.
The end of the bullish wave signals the start of a bearish wave, a correction. The correction has been now ongoing for 229 days. We can say that this is a very long correction, but the market has been mostly sideways. knowing what comes after, the bull-market, it is normal that any bearish action must unravel before this event.
NEARUSDT produced a strong drop in early August but quickly recovered to test MA200 as resistance and this resistance holds. With resistance being confirmed, the pair is set to move lower in order to test the latest low as support. Since we have lower highs long-term, we can expect the previous low as support to break; we are looking at a bearish impulse, the last drop of 2024.
Thank you for reading.
Namaste.
NEARUSDTI have said it many times in my speeches and I will say it again, money has the power of God in today's world
It is better to express my words this way, if Trump wins the US election, you will also see that the crypto market will experience a heavy drop, so that the government budget deficit and the heavy expenses of the US government and the US stock market will be saved from bankruptcy, with a plan that Picking for the market
This is my point of view, there may be other points of view
The duty of friends who believe in my analysis is to register these currencies, which will be registered from today, in a place where they can move like the American government and enjoy the chart.
There are two views of the market, the first view is downward, the second view is upward
My view on crypto is bearish, friends, from today onwards, be careful in your spot purchases, it will be more dangerous than you think.
Because big companies have to do this to save themselves from bankruptcy and take a drastic swing from ordinary people.
NEAR Long Spot Trade (Retrace to Support) Market Context: NEAR has retraced to a major support level, providing a favorable long spot trade opportunity.
Trade Setup:
Entry: Around $4.50
Take Profit:
First target: $5.00 – $5.55
Second target: $6.50 - $7.00
Stop Loss: Below $3.90
This setup aims to take advantage of the strong support for a potential bounce. #NEAR #Crypto #Trading #Support