NEARUSDT trade ideas
NEAR/USDT Analyzing Bullish Potential from Resistance ?👀🚀💎 Paradisers, let's turn our attention to #NEARUSDT as it showcases a notable trend. The asset is exhibiting signals that suggest a bullish continuation, having recently transitioned from resistance to a potential support zone.
💎 #NEARPROTOCOL recently faced rejection at the $3.826 resistance level, with market sentiment leaning towards selling. However, there's a strong likelihood of a bullish trend continuation from the support level at $2.664. If AMEX:NEAR maintains its momentum above this support, it could set its sights on the substantial resistance level at $5.278.
💎 But, as any seasoned trader knows, having a backup plan is crucial. If #NEAR fails to sustain itself above the $2.664 support, it may be time to consider Plan B. This alternative scenario might involve a bullish recovery from the lower support level at $5.278. Keep in mind, a breach below this level could indicate a shift towards a more significant downward movement. 🌴💰
NEAR Protocol NEAR Coin Price PredictionNEAR Protocol NEAR Coin Price Prediction
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥
Potential bounce areas for Buying 2.614 and 2.182
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NEARUSDTAnalysis of NEAR time form 4 hours
According to the upward channel drawn in yellow color and also the confirmations taken from the bottom and ceiling of the channel, it is expected that targets 1, 2 and 3 will be touched in case of breaking the ceiling of the channel. It is located exactly on the Fibonacci level of 38 and 23. The support in this area is strong and the bullish scenario is stronger. Paying attention to the loss of the price level of the channel floor and Fibonacci 0.5 is a must.
Technical analyst: Amir Hassan Salek
#NEARUSDT
NEAR LONG IDEA (continuation of the altcoin analysis series)Near has been showing strength in the last couple of days.
Here are two scenarios I see:
Rejection of 1,555, hold above 1,177 and continuation up(200MDA + 100MDA) Do not do anything below that price
Target : 2.835 - 6
Continuation of growth to 2,344, return to the maximum to 1,613 and continuation up
Target : 6
The trend change is also shown on OBV.
In order for this to happen, you need retail that is optimistic
NEAR: DECEMBER 16, 2023Currently we are above the median line of the weekly OB, which is the dim red rectangle. The wick above the OB leads me to believe that further upthrust is on the cards. The market has been suffering from indecision for the past week, except for some assets. However, I believe we are going through a breather, which will lead to further upward pressure in the near future. This holds especially true for altcoins, such as Near, that are about to make an official exit from their accumulation range and make a move. The highs, I believe, will most probably taken out in case we flip 2.44. Any acceptance below 2.027 is a sign to get out of this trade for me. I am aiming for 3.443. Please share the idea if you find it useful.
📈 NEAR Protocol (NEAR) Spot Long Trade AnalysisAn analysis of NEAR Protocol (NEAR) suggests a potential spot long trade opportunity, emphasizing support, resistance, and risk management for strategic decision-making.
Key Considerations:
Entry Zone: The proposed entry zone for the spot long trade is between $2.17 - $2.27.
Take Profit (TP): The Take Profit (TP) level is set at the next area of resistance, ranging from $2.60 - $2.75.
Stop Loss (SL): Risk management involves setting the Stop Loss (SL) below both the range low support of $2.17 and the ascending support line, approximately at $2.05.
#NEARProtocol #CryptoTrading #RiskManagement
Near is the next BITCOINIm creating this to mark my prediction. I predict that Near is the next bitcoin. They recently created the NRC-20 which is simlar to the BTC BRC-20 and shortly after their was a major spike in activity that caused a massive 173k in profit from fees. This will only increase.
Currently, near broke out of its very long down trend, and really started to spike when the golden cross showed up. I've been watching near, it falls when BTC does, but it recovers faster and when BTC moves up, near moves up more than BTC does. Best time to buy is at $2.25, next resistance is $2.69, then $3.33.
If you dont panic sell, ignore the dips when btc moves, you will thank youself.
Near After closing the First Profitable Trade. Here is Second**NEAR Protocol (NEAR) Fundamentals**
* **NEAR Protocol** is a high-performance, scalable, and developer-friendly blockchain platform designed to empower the creation of decentralized applications (DApps) and facilitate the widespread adoption of web3. It aims to address some of the limitations of existing blockchains, such as low scalability, high transaction fees, and complex development processes.
* **NEAR Protocol** utilizes a unique sharding architecture, which allows it to process transactions efficiently and handle a large number of users without compromising performance. The protocol also features a developer-friendly toolkit, including a high-level programming language called Rust and a suite of tools for building and deploying DApps.
* **NEAR Protocol** has a growing ecosystem of projects, including decentralized exchanges (DEXs), social media platforms, and gaming applications. The protocol has also attracted a strong community of developers and users.
**Recent News**
* **NEAR Protocol** has been gaining significant traction in recent months, with its price increasing by over 150% in the past year. The protocol has also been featured in a number of high-profile partnerships, including a collaboration with the NFT marketplace OpenSea.
* **NEAR Protocol** is actively working on developing new features, such as a decentralized storage solution and an oracle network. These features are expected to further enhance the scalability and utility of the protocol.
* **NEAR Protocol** is also expanding its reach into new markets, with plans to launch a mobile wallet and a developer academy. These initiatives are expected to help the protocol attract new users and developers.
**Disclaimer**
Please note that I am not a financial advisor and this information is not intended to be investment advice. Investing in cryptocurrency is a high-risk activity and you could lose money. Always do your own research before investing in any crypto asset.