Near Protocol Trend BreakoutNear Protocol broke the upward trend and entered a negative mood. It also fell below the moving average. There is potential for a pullback to $4.66. Manage your risk well.Shortby YavuzAkbay3
Trade Signal for NEARUSDT: BUYDirection: BUY Enter Price: 7.246 Take Profit: 7.42933333 Stop Loss: 7.07233333 Justification for Prediction: This trade signal is generated using the EASY Quantum Ai strategy, which takes into account a variety of market indicators and patterns to formulate its predictions. 1. Trend Analysis: The current market trend shows a strengthening bullish momentum. The moving averages on different time frames (e.g., 50 MA and 200 MA) are indicating a positive slope, suggesting a potential upward movement. 2. Support and Resistance Levels: The identified enter price of 7.246 lies near a significant support level, which has previously shown strong buying interest. This support is expected to provide a solid foundation for a price increase towards the take profit level. 3. Volume Analysis: Recent trading volumes have displayed an increase, often a precursor to a substantial move in the direction of the prevailing trend. Higher volume near the support level suggests accumulation by traders, hinting at a bullish outlook. 4. Technical Indicators: Key technical indicators such as the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) are in bullish territory. The RSI is above 50, indicating prevailing buying strength, while the MACD has crossed above its signal line, reinforcing the buy signal. 5. Sentiment Analysis: Market sentiment, as gauged from various financial news platforms and traders' forums, shows a positive outlook on NEARUSDT, with many analysts predicting an upward trend in the short to medium term. These factors together provide a high-probability trade setup in the NEARUSDT pair, with a suggested enter price of 7.246, take profit at 7.42933333, and a stop loss at 7.07233333 to manage risk effectively. Trade wisely and monitor the market for any significant changes!Longby ForexRobotEasy0
#NEAR/USDT Can this Altcoin hit $100?🚀 NEAR/USDT Trade Update🚀 NEAR is trading at an attractive price point. It already broke out on 14th May and has been retesting for the last 2 weeks. It is one of the few coins I will be holding with low leverage for the next few months. - Entry: $7.462 add up to $6.15 if it gets there. - Target: $30.201 to $100 - Stop Loss: $5.926 This altcoin can easily hit $100 by the end of this bull run! 🚀🌕 It is one of the strongest altcoins in AI and Big Data Narratives. DYOR, NFA Please hit the like button and share your views in the comment section. #PEACE by Cryptorphic8842
NEAR PriceThe Near Protocol (NEAR) price trades in a bullish course and directs an uptrend on the charts. Longby TheCoinRepublic113
Bullish continuation: Up from here.Description: Long & mid-term perspective for NEAR. Mid-term target: - wave 3 - 1.618fib at $14.34 Long-term target: - 1.05fib at $23.904, 1.236fib at $42.143 ("bearish") - 1.618fib at $135.038 (bullish)Longby HeftyBreadRollUpdated 1139
$NEAR at a crossroad...The past few weeks anything AI related and more specifically AI coins are the biggest sleepers at the current state of the market. NEAR often acts independently from the rest of the market and ain't 100% corelated to BTC but in this case it looks like it lost its momentum and a very significant support zone at ~ $7.60 Reclaim it and we run higher, much higher or else...by mindtrap0
NEAR buy setupConsidering the bullish price structure in the big time frames, it seems that NEAR will go up again by meeting the specified demand. From the previous SW H, it can be counted as the first target Closing a daily candle above the invalidation level will violate this analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanksby iMoneyTeamUpdated 1
Near Protocol: Bullish Breakout or Bearish Signal? Near Protocol: Bullish Breakout or Bearish Signal? A Potential 37% Downturn Near Protocol (NEAR) has been a beacon of relative stability in the volatile cryptocurrency market of 2024. While other altcoins have plunged, NEAR has managed to hold its ground. However, a recent price movement has some analysts sounding the alarm, suggesting a potential 37% crash on the horizon. Wedge Pattern and the Analyst's Call In early May, NEAR formed a technical chart pattern known as a "wedge." This pattern is characterized by price fluctuations confined within a narrowing range, with trendlines converging towards a point. While breakouts from wedges can signal either bullish or bearish continuations, the specific characteristics of NEAR's breakout have a crypto analyst predicting a significant downturn. The analyst argues that the way NEAR broke out of the wedge is a bearish indicator. They believe the price may experience a period of consolidation around its current level ($7.30 as of May 31, 2024) before an "impulsive" downward movement. This movement could initially see the price drop by 8% to $6.78, followed by further declines to $6.00 and a potential bottom around $4.60. If this scenario plays out, NEAR would experience a total decline of 37%. Metrics Supporting the Downturn Theory The analyst's prediction finds some support in recent developments surrounding NEAR's market metrics. After a strong start to 2024, NEAR has seen a decline in price over the past month. This price drop coincides with a notable decrease in daily trading volume, suggesting a potential weakening of investor interest. While NEAR has outperformed many other altcoins, the overall bearish sentiment in the cryptocurrency market could also play a role in its future price movement. A broader market downturn could drag NEAR down even if its project fundamentals remain strong. Understanding Wedge Patterns and Analyst Predictions It's important to remember that technical analysis, including wedge patterns, is not an exact science. Past performance is not always indicative of future results. While the analyst's prediction offers a bearish perspective, it's just one voice in a crowded space. Here are some additional factors to consider: • Positive News and Developments: News about partnerships, project developments, or upcoming upgrades could trigger renewed investor interest and push the price upwards. • Market Sentiment Shift: A broader shift in market sentiment towards optimism could buoy NEAR's price regardless of the technical indicators. • Unforeseen Events: Unexpected events, both positive and negative, can significantly impact the cryptocurrency market. Investor Takeaway: Research and Diversification The potential for a 37% decline in NEAR price should be a wake-up call for investors. It underscores the inherent volatility of the cryptocurrency market. Investors should thoroughly research NEAR's project fundamentals, roadmap, and broader market outlook before making any investment decisions. Diversification is also crucial. Spreading investments across various cryptocurrencies and asset classes can help mitigate risk. Conclusion Near Protocol's recent breakout from a wedge pattern has sparked debate among analysts. While some see a potential 37% crash on the horizon, others remain cautiously optimistic. Ultimately, the future price movement of NEAR will depend on a combination of technical factors, project developments, and broader market sentiment. Investors should carefully consider all available information before entering or exiting any NEAR positions. Shortby bryandowningqln110
Chart Pattern Analysis Of Near K3 close upon K1 and verified a strong bullish hammer candle of K1, It seems that the short-term downtrend had been reversed by K1. If K4 close upon the resistance, It will be a good place to buy it there. The risk is the potential bearish wedge pattern, If the following candle close below the lower limit of wedge, The risk will surely increase.Longby nothingchangehereUpdated 2
NEAR ideaThese patterns are similar, and I think that after long squeeze of the trend line- it will continue up, potential of x2 x3Longby lobanio2
NEAR topping out with a DISTRO pattern. NEAR had a great run but it is coming into W resistance with a D rising wedge ! DISTRO is my system of spotting Distribution. CUMULATE my system for spotting accumulation .BUT also a clear backtested system on how to trade it ! So many "trading educators" just show you how to do technical analysis and most of them aren´t even good analysts. But very few of them really explain how to establish a position, how to calculate risk depending on the environment and how to automate your trades . I teach this in my Masterclasses. Its a good way to trade as you have clearly defined risk levels for your stops. In this case we have a 4h Fakeout at the backside of this 4h structure . I look for those after rising wedges. Its most likely that some bigger players are taking out a few retail stops for liquidity , to establish a short position! We could call that a small Bulltrap. Remember we know nothing about the Markets! we can only assume what is happening , by observing PRICE like footprints of an animal we are hunting in the snow ! Every day we look for footprints in Price and then patiently attack . Often we go home hungry, But sometimes all that waiting and observing and tracking pays off big time and we have food to last us many years! You must be HARD , CONSISTENT and PATIENT! Self honesty is the most important attribute of a trader. No serious trader plays the VICTIM - EVER ! We take educated guesses and then calculate probabilities. If we are wrong we have STOPS! Small Tipp: Do not believe anyone who "shouts" PREDICTIONS! They are most likely no better at trading than you are! Jessy Livermoore one of the great traders of the early 20th century said : Tipps are for SUCKERS ! So please learn from him and use my material to learn, but don´t rely on Tipps to trade your hard earned money! by ChartmanChrisUpdated 3
⏳📈 "NEAR Coin Analysis: Weekly Resistance Break?" 📊📝💹 Let's dive into this cryptocurrency and update our previous analysis, while also checking for new triggers. 📝 In the weekly timeframe, this coin, unlike most in the current market, has broken its weekly box and is continuing a strong upward trend. 🛡️ Every time there is a correction, the volume decreases, and as the upward trend continues, the volume increases. From the support floor until now, it has provided about 700% profit and has reached a significant resistance that has existed in the past and also served as a reversal point in the last few weeks. 📊 Additionally, the RSI in the weekly timeframe, after breaking 68.48 and entering overbought territory, can lead to a price increase. Our main overbought point is 71.06. Note that I use this oscillator in the direction of the trend, meaning if the trend is downward, entering overbought territory doesn't matter to me. 🔄 Before moving to a lower timeframe, let's review our previous analysis of this coin. In the previous analysis, it was mentioned that after breaking the descending continuation trend line, we could open a long position. However, the reality was a sharp movement that wasn't suitable for positioning. After hitting the resistance and due to market events including corrections and a brief conflict between Iran and Israel, the price dropped. ⏳ In the four-hour timeframe, after a correction, we are moving towards the weekly resistance but not seeing significant volume or money entering this coin. On the other hand, we have a daily trend line which is an ascending and retracement type. 💪 Regarding trend lines, we have two types: continuation and retracement. Continuation trend lines are in the direction of the trend and after breaking, we move in the main trend direction, while retracement trend lines are against the trend and cause a trend reversal. 🔍 When examining this trend line, it is clear that it is weakening because each time it is touched, the price moves less upwards. The first time it moved 30%, the second time 22%, and this time, if rejected by the 8.351 resistance, it will be even less, clearly indicating the weakening of the trend line. 📚 Also, in the daily timeframe, we have a rising wedge, but to avoid bias, I won't draw the upper line and instead focus on opening a long position after breaking the 8.351 resistance since the lower line provides the position for us. 📉 For a short position, after breaking this trend line and increasing volume, we can open our short position by breaking the four-hour support at 7.639, but we can place a risky stop-loss because if we hit the stop-loss, we can open the long position at 8.351. 📈 For a long position, after breaking 8.351 with increased volume and candle confirmation, we will open our long position in the direction of the trend. Also, since we are breaking the weekly resistance, we might experience volatility, so don't place risky stop-losses. 🌐 You can buy this coin after the weekly candlestick closes above the resistance at 8.258 with substantial volume. You can consider buying it with a stop loss at 5.348. I already hold this coin, so I'm currently waiting. But I suggest you review the project. 🔗 Our upcoming supports are 6.645, 5.781, and 5.051, while the upcoming resistances are 9.39, 10.317, and 12.985. 😊 If you'd like me to analyze a specific coin or currency pair, be sure to comment so that I can allocate the next analysis for you! ⚠️ Also, please remember that I'm just an analyst, and this isn't financial advice. We're here to stay in the market and maximize profits by adhering to risk and capital management principles.Longby RealMRA77105
near → at least 50% profithello guys... as you can see, BINANCE:NEARUSDT is on an ascending channel! on the other hand, it made a double head and shoulders pattern and broke the neckline! you can enter when the retracement happens and put your target on 10.84$. so you can get at least 50% profit! ___________________________ ✓✓✓ 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 commentLongby melikatrader94Updated 131332
Chart Pattern Analysis Of Near The strong bearish candle K2 was interrupted by an up-engulfing candle of K3, But K3 is not strong enough to close upon the channel to start another bull run immediately, So, it needs more signals to verify the potential bullish momentum. If the following candles successfully tested the support, It is still likely that another bull run start here. by nothingchangehereUpdated 0
BUY IDEA NEAR/USDTAccording to recent price movements, we can expect an upward movement in the specified support areaLongby Ali-Rezaei-FX0
NEARUSDT in Bulllish TrendNear Protocol is a crypto asset which fell 44% between April 9-16 but has reversed its course since then and printing HHs and HLs consistently. Since there is no divergence therefore trend most probably will continue as per technicals and a trend trade is possible at CMP or a buy limit order can also be placed at Golden Fib ratio price level. All levels are on the chart,Longby billly4u3
NEARUSDT - Bullish TrendA simple bullish Tredn with HH and HL is in progress. No divergence on RSI indicating the trend will continue.Longby kiki_crypto0
NEARUSDT THREE RISING VALLEYSWe were first presented with a momentum shifting structure which looked like an inverse head and shoulders with 4 shoulders, but then created 3 consecutive higher lows and higher highs to form the image of a three rising valleys structure. We sprung from the resistance line and recently back tested the neckline as support. Our first target is the measure from the first low and first high from the three rising valleys. Our second target is a key resistance line from October of 2021. If the asset falls below the third valley then the setup is invalid. As a compliment, NEAR when compared to the BTC chart also looks bullish, so we could see NEAR outperforming BTC in the near future. Overall, NEAR has had a strong uptrend in weekly scale compared to most altcoins so I'm expecting it to keep outperforming in the next few months. Longby diegochuw3
NEAR LONG SPOTbuy limit orders in red zone take profit upon reaching the price value according to the analysis on the chartLongby potfew3453
correction time😶🌫️As we see on a daily basis, their volume has decreased and the size of the candlestick has become smaller, and as a result, we are looking for a fall. Brief and useful😉 ⚠️Do capital management⚠️Shortby parsa_xa5
Dily Trading Plan for BTC SOL NEARPlease view and review my daily trading plan for BTC SOL NEAR and please leave a comment 13:25by Grundiamo0
#NEAR Weekly timeframe movement scenarioAt time W1, after exiting the tram and breaking the bearish structure with a powerful spike candle, this corrective form can be a pullback to the broken structure. Therefore, after breaking the 3.13 range, it will first move towards $5, and then in the daily time, the first red box supply area and in the W1 time, the second red box area will be the next supply area.by alikzeUpdated 121224