Nearprotocol
Interesting Top Pattern NEARUSD As price crosses over 1.618 to 2.618 bulls take charge and push price way up to 2.618 top, price descends, ignores 3.618, but repeats on the transition from 3.618 to 4.618 with a bullish formation, leading to a rise, hitting the top at 4.618
Interesting Fib Circle pattern
NEAR/USDT - Potential 65% SetupHello Traders!
NEAR price is exiting a short consolidation in the $9.89 - $11.59 range testing the MA100 on the daily timeframe.
We can consider short-term purchases in the $9.89 - $11.59 range
For such a trade, it is better to use a short stop loss, which can be placed under the price level of $9.89
Take targets are the following price levels:
$16,40
$17,88
$20,16
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
NEARUSDT, Its amazing position with nice R/rHello everybody
Near Protocol is one the most powerful project in blockchain and its wanna do ...
According to the chart and last analysis, we expected the price wanna reach to the top of the channel and then its ready to dump but this analysis was failed and now after the price make new LL we need to wait to have correction of tis wave then we can take in position and now the price is going to reach to the resistance zone level and then in there we need to take signal then we have permission to take short position and wait until the target that we shown on chart.
Dont forget use stop loss and observe to capital management and before taking any signal and trigger for entrance do not open and buy anything.
Previous analysis :
Good Luck
Abtin
Trend for Near Protocol The NEAR protocol (NEAR) is compressed into a trend line .
The pressure shows that buyers are willing to buy more and higher and there is not enough seller so the price goes up even more.
This is in line with the bitcoin trend
Pump fuel will also be traders who open sales positions and close them at a loss and give more liquidity to buyers.
Do your analysis before trading.
NEAR PROTOCOL (Request)- i never analyzed this project but i knew about it. ( i didn't get selected for the presale on Coinlist, no luck..)
What Is NEAR Protocol (NEAR)?
NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability. This provides the ideal environment for DApps and creates a developer and user-friendly platform. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum. NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug.”
- Near is a mega bullish coin and a strong project, that said, i never buy a fomo and my strategy is always to catch a dip to maximize my profits.
- Near Protocol touched 20$ (Round Number in people's brain)
- i could be wrong on this analysis as this project is very bullish.
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Trading Plan
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Buy Zone : 11$
Rebuy Zone : 9$
TP : 28$ ish
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No need SL
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Happy Tr4Ding !
NEARUSD Buy SignalPattern: Channel Up on the 1D time-frame.
Signal: Buy as the price is supported on the Higher Lows trend-line (bottom) of the Channel Up and the 1D MA200 (orange trend-line) with the 1D RSI also at the bottom of its own Channel pattern.
Target: 30.000 (just below the 2.0 Fibonacci extension).
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