Analyzing the daily chart for NEAR Protocol (NEAR/USDT), it appears to be in a consolidation phase within a defined range. The price is currently near $7.002, with a key resistance level (R1) at $8.111, which aligns with the previous high. A breakout above this level could signal a bullish trend continuation towards the high of $9.10.
The support level (S1) at...
Hello Trading view Family / Fellow Traders.
I hope you have used and benifited from the previous analysis .
In today trading session we are monitoring NEARUSDT for a buying opportunity,
NEARUSDT UPDATE
Bullish Flag Breakout has Already Done with a very solid candle
in 1D time frame💥
Maximum chance to gain +50% profit💵 Soon ✅✍️
#NEARUSDT
UPDATE
NEAR has hitted our main Target already 40%+ gain so far. Still getting a good volume. Again we can see a good bullish wave here
#NEARUSDT #NEAR #NEARBTC #BTC #Crypto AMEX:NEAR
CRYPTOCAP:DEXE $QI LSE:SYN INDEX:GALA TSXV:POND $SPELL GETTEX:PDA $BADGER $CYBER NYSE:FET SEED_DONKEYDAN_MARKET_CAP:AGIX SEED_DONKEYDAN_MARKET_CAP:CELO
NEAR Protocol is currently trading within an ascending channel, with clear reactions to the channel's support, resistance, and midline.
Based on current market conditions, our first expectation is for NEAR to break above the $6.037 resistance level and continue its upward trajectory, supported by the $5 level. This could lead to price targets of $7.4, $8.9, and...
Break of Ascending Triangle. Now volume growing as well. Above strong support zone.Chart looks bullish for it. Worth buy for short term quick profits too.
I recently Shared NearBTC and gave you some short term targets for Near.
In a few week Near will climb through 16 to 20.
According to Elliot waves theory, Near has finished its own corrective move.
It's time for a bull run now.
Targets specified on the chart before this post.
Main target 16.
Good Luck To Us All.
#NEAR/USDT ANALYSIS
NEAR is moving in an ascending triangle on the 1-hour timeframe. Currently, it is encountering horizontal resistance, where the MA 200 is also acting as a resistance. The MACD crossover indicates bullish momentum. We need to wait for a solid breakout or breakdown of the triangle to confirm its next direction.
NEAR Analysis and Signal on 1H
🔵Entry Zone 5.768 - 5.968
🔴SL 6.319
🟢TP1 5.429
🟢TP2 5.066
🟢TP3 4.791
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The price of NEAR has managed to break through a significant resistance observed at the last peak of the downward trend, entering an upward trend phase.
By reaching a specific area marked in green, not only has this level been breached, but it seems that the price is stabilizing at this new level.
The existing bearish candles, which are considered a pullback, will...
NEAR: More Price Decline is Expected
Technical Analysis:
In the daily chart the price broke out from a key support area.
This was the first important confirmation for the bears to join the party.
We can see NEAR testing the broken support zone 5.98 - 6.30 which is turned in a key resistance zone.
The bearish volume should increase more once the price will be...
Hello traders, BINANCE:NEARUSDT I have determined the formation target on the chart. I wish everyone success.
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Good luck
Near created a range here and i have 2 scenarios. First, we can enter back to our range by making deviation. Secondly, we can retest to RL and drop to the lower levels. Lower levels can create better opportunities instead of taking risks here.
I was expecting this drop at the beginning of the month but market always finds a way to surprise us in every way I guess.
Now we have a good price region to add into NEAR spot positions.
