NEARUSD ❕ descending trendIndicators are still bearish.
NEAR is moving in the lower half of the consolidation zone.
I believe the asset will continue to decline.
NEARUSDT.5S trade ideas
NEAR is retesting support, forming IHSNEAR is back at Entry levels.
After loading up 1.7$ 1.5$ and my biggest bag at 1.25$ levels took some profits on the last pump to 2.7$. Sold a little early tbh due to the Bearmarket Blues still influencing my emotions.
Now reloading my bags for the longterm at these levels again.
As i said in the previous post i like the fundamentals on NEAR. You can check the link post to read on the reasons for that.
It is true, it took a beating but that is mainly due to Alameda being one of their biggest backers in the last bull, and we all know how that went.
As for entry, a nice Inverted H&S is forming and i aimed to buy the Right shoulder to maximize my entry. IHS is on the 4H timeframe so not a very strong indication as of now eventhough i really like the 4H TF.
The same pattern is visible on the daily but its not as obvious.
Regardless of the IHS this area is where NEAR landed first after the initial Bearmarket crash, so it is a strong demand level and it looks like it is retesting it now.
Load em up, the Bull is NEAR!!!
#LQR #TOBTC #Nearnear is on Down Channel at all , these impotant level is on the way around 0.618 fibo about 1.704 - 1.796
it need to break these level at first and than...
first imporant Daily Support is around 1.429
Scenarios and reasons for NEAR climbHello friends
The overall analysis is clearly shown in the chart
Well, during the weekly time, we were in the demand area and we even saw a change in the price structure
The second confirmation was a slow correction and it shows that we will have an upswing in the future
Trade only if the pain level is broken by specifying the loss limit and the profit limit
NEAR Protocol third bullish weekly trend touchNEARUSDT
Near Protocol
in third bullish weekly trend line touch
good support for first entry
Entry at 1.6 - 0.6
TP 2.4 - 3.2 - 5.2
manage risk
not financial advice
NEARUSDT LONG ideaSince May 8, NEAR has formed a range within its support range. I expect it to break its range soon and go up to the price of 2.004
NEAR S&R In short term>>>>>>Hello EveryOne
I Have Tried My Best to Bring the best Possible outcome in this Chart.
Everything is cleared on the chart.
Chart .It'snot a buying signal.
It's just an analyze,
Not a financial advise.
PLZ DYOR
With hopping success>>>>>
Good to betI firmly believe Nearusdt has good long potential in the given area after price confirmation with absolute great R/R
Keep in mind :
First, let the price hit in the box
Then look for confirmation on 15m time frame ( mostly choch confirmation )
Then enter long position.
Do not run into the trade without confirmation
NEARUSD ❕ tests the supportNEAR continues to test the support level.
The asset has fixed above 50EMA on the 4H TF.
I believe that the price can continue to rise after it fixes above the support.
NEARUSDT LONG/SHORTNEARUSDT on a descending Channel at 4hrTF
Price Movement Expected
A long here could Land You Up till 2.10
Never a Financial Advice...
Do your Research
Thank You
NEARUSDT is testing the descending channelNEARUSDT. The support level acts as a barrier preventing the price from declining further.
On the 4-hour timeframe, the price of NEARUSDT is forming a descending channel. A descending channel is a technical chart pattern characterized by a series of lower highs and lower lows, forming parallel trendlines. This pattern suggests a bearish bias in the market, with sellers exerting control over the price movement.
If the price of NEARUSDT experiences a breakout from the descending channel and subsequently retests the resistance level as new support, it would align with the principles of Plancton's Rules. Plancton's Rules is a trading strategy that emphasizes long positions when the price breaks above a resistance level and retests it as support, indicating a potential bullish trend continuation.
Traders and investors will closely monitor the price action to determine whether the support level holds or if a breakout occurs. If a breakout happens and the price successfully retests the resistance-turned-support level, it may present an opportunity for new long positions according to Plancton's Rules. This would imply a potentially bullish outlook for NEARUSDT, suggesting a continuation of the upward trend.
As always, it is important to conduct thorough analysis and consider other indicators or factors before making trading decisions.
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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 🦐
NEARUSD ❕ return to the zoneRSI chart moves in the bullish zone (4H, 1H and 30m TFs)
NEAR has broken up 50EMA on the 4H Timeframe.
The asset has returned to the consolidation zone, but after fixing above it will continue to grow.
Near exactly followed my pathNear order block entry was shared on 15m time frame which exactly got filled and also profit for shorters. Now it has pumped almost more tham 1.2% and more ways to go from here main target is 1.80++.
best of luck. check bio
nearusdt h1After the spike, the price on the chart entered the three collision pattern
Three collisions are accompanied by divergence
So I drew my expectations from the price on the chart for you.
Near order blockNear is looking nice from couple of days and now creating nice structure on 15m time frame and also a order block zone which could be best entry for long if price reaches that zone.
NEARUSDTNEARUSDT is in wedge cage with strong bullish divergence while below 50EMA.
Will the 50EMA act like a magnet and catch the price to upside with a strong support from bullish divergence?
