NEAR
NEAR BULLISH technical analysis SANDBOXNEAR Technical Analysis 1
In all markets, whether perfect or imperfect, they always tend to be influenced by a main behavior pattern, and this is what the theory of DOW states. DOW’s theory states that each asset even though it may be totally independent it will always be dependent on an index that will define its behavior. Today we are at a consolidation point with the strongest main index, the strongest index of cryptocurrency: Bitcoin. Thanks to this theory we can place ourselves in the altcoin market and make the most adequate decision. Now we must ask ourselves, in which market state are we at currently? Are we in accumulation? Or are we in crypto hibernation? In order to be able to answer this question, we’ll head to the graph and analyze it, because it never lies. The graph will always show us the sentiment of the buyers and sellers giving us the perspective and view of which side of the market is the winning side at this moment in time.
Let’s place ourselves on the graph with a time frame set to 1 day. On this graph we can identify the beginning of a downward trend. However, who decides if it’s a downward or bullish trend? The definition of a bullish trend is given by the capacity to visualize the lowest possible minimums over a period of time on the graph. Here we can start to build our hypothesis. If we have only registered one lowest minimum possible, then can we really say that on the 1 day graph the trend is downward and negative? I don’t think so. The cryptocurrency era was inspired by DeFi which is just now starting its bullish run, and we could be wrong of course, but that’s what technical analysis is for. What we can observe from this graph is a clear pattern of accumulation in which to be able to define and declare there is a downward trend beginning we would have to break through $1.80 with strength. So, we’re going to create an action plan for that pattern of accumulation. We have two scenarios.
The first scenario is A: this one defines an immediate increase in the price in which breaking $3.60 could let us experience new maximums by the end of the year, having as the main barrier the $6 resistance.
We also have scenario B in which we could see the breakage of the $1.80 resistance zone where we will place ourselves on three buying points defined by the biggest volume accumulations that NEAR coin has ever shown. Those accumulation volumes were at: $1.50 and $1.00. The idea is to be able to confirm that the downward trend has begun. For this confirmation, we need to see the reference coin bitcoin back at the $20,000 price at least. When bitcoin is in that zone, then we can go ahead and place two buying orders to make sure of two things. The first thing is to not place all your eggs in one basket. The second thing is to take the most advantage of the two buying zones that NEAR is offering. We’re going to set as our stop loss the zone that is below $0.50 selecting one fourth of the investment on the breakage of the $0.60 price, and a definite stop loss that includes one half of what’s left of our position at $0.10 and this one would be the highest risk scenario in which we could fall into. In this way, if scenario A is given then we could achieve at least three times what we are willing to risk.
Near in FLIGHT!Strap in, NEAR is in TAKE-OFF! I was wondering when my NEAR was going to take flight. Have been saying all year this is one of the most under rated coins we have on the market. They spent hardly anything on their advertising budget so thats why they didnt get much exposure (or as much as they should have). The team is incredibly brilliant. And have some really intelligent people on their team. this coin also doesnt have the billion plus supply a lot of coins do so really has the potential to fly here in this bull run. I mean were talking 100's and up easily if this coin can get some devs on board to build dapps and take over the ethereum "slowchain" lol . You can sell at the price I have listed then wait to buy back in on the dip or just hold and forget about it until 5 years from now if you're looking for a retirement plan! Cheers!
NEARUSDT Descending Channel BreakoutNEARUSDT(1H CHART) Technical Analysis Update
Descending Channel Breakout
NEAR/USDT currently trading at $5.35
Buy-level: $5.25 - $5.35
Stop loss: Below $4.84
Target 1: $5.60
Target 2: $6.00
Target 3: $6.25
Target 4: $6.50
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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NEARUSDT Waiting for the Breakout!NEARUSDT (1H CHART) Technical Analysis Update
NEAR/USDT currently trading at $5.20
Buy-level: Above $5.25 (only buy if 1H candle closes above $5.25
Stop loss: Below $4.98
Target 1: $5.50
Target 2: $5.60
Target 3: $5.75
Target 4: $6.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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Near usdt ElliottWave Analyze I gusse Wave C of 4 in End wave Cluster so it possible Correction is over.
do not forget use Trigger and look at btc price ditection...
This coin has not had a special price jump in the past, If the channel is broken in the future pump is comming.
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Near (Update Analize)Near Anlaize Update and analize 4H Time frame: Consider Sub Wave:
subwave of 1 or a wave is complete, weWe expect wave 2 correction to start
I gusse Wave C of 4 in End wave Cluster so it possible Correction is over.
do not forget use Trigger and look at btc price ditection...
This coin has not had a special price jump in the past, If the channel is broken in the future pump is comming.
🆓NEAR Protocol/USDT Map (30/4) #NEAR $NEARNEAR has conquered the 5$ zone and is heading to 6.5$ and 8$ in May
📈BUY
-Buy: 4.9-5.1$. SL B
📉SELL
-Sell: 6.35-6.65$. SL A
-Sell: 7.8-8.2$. SL A
♻️BACK-UP
-Sell: 4.9-5.1$ if B. SL A
-Buy: 3.9-4.1$ if A. SL B
-Buy: 2.9-3.1$. SL B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
+330% incoming ... consolidating for a great breakout 🚀we can see that near is consolidating in horizontal channel and we can see that the price were bounced from the resistance and hadn't managed to breakout.
wait till the buy price it is more than profitable trade, near is a good investment for long term if it caught at that price, believe me near is a coin which can be $25 in 2021 or 2022 easily
✅ Buy: 3.25 - 3.75 ✅
🎯TARGETS:
1- $7.500
2- $9.744
3- $13.27
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below $2.59
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NEAR: potential long tradeGartley harmonic pattern has been formed in the daily Timeframe. In case of Harmonic patterns, our job is not pattern forecasting, but waiting for the pattern to form, and taking adequate position. In case of NEAR, Gartley has already formed and we are waiting for reversal patterns, such as a Pinbar, or Harami. No such candlestick pattern has been formed, so patience is suggested.
Check the status of Nir
If we examine the main factors:
1- The price is out of the band and is in extreme sales areas
2. The Stoke RSI oscillator is located in extreme sales areas
3- ADX is below 25 and the market is in side mode
4 - The price is near a long-term uptrend channel
Despite these conditions, only one thing is required to enter, and that is the occurrence of Golden Cross in the oscillator, which can increase the probability of a price rise.
We are currently waiting for the Golden Cross to enter.
NEARUSDTHello to you all. Mars Signals team wishes you high profits at all times.
As you can see, the price has reached a good support level and the support provided, we intend to be able to touch the specified targets.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!