NEARUSDT.5S trade ideas
NEAR-IN 4th WAVE IN WEEKLY CHARTNear waves are cryptic, it's a bit difficult to identify the inpulse wave in 3th waves of any frame, but all in all, i believe that it is in the same movement with BTC but the 5th wave in weekly frame should be the same length with 3th wave, which may make it 18$ at the end of the altcoin season.
Right on Bullish Fair Value Gap | Long BiasPrevious post on day timeframe
This post on 4H TF
First, BINANCE:NEARUSDT is right on Bullish Fair Value Gap and Horizontal Support
So I think this is good zone to buy NEAR for next bullish
I see two chance to buy that
1. More risk: buy now and stoploss below $2.03
2. Safer: Wait for breakout and retest $3 then can join
Wait for next move and DYOR before you trade. This post is not advice for anyone.
NEARUSDT Consolidations before the next leg up to $6.48 if NEAR maintains its momentum and breaks through the current resistance level, it could move towards the $6.48 price target based on the Fibonacci extension.
RSI is around 70, which is on the higher end, indicating the market might be in overbought territory. However, in strong trends, the RSI can remain overbought for extended periods.
Volume There appears to be increasing volume on up days, which could be indicative of strong buying interest.
💎 Alt-coin Seasons "NEAR" Hidden Gem Alert 💎NEAR the Brink: From All-Time Highs to a 90% Plunge - Is a Reversal Imminent?
As the crypto market buzzes with the potential of multiple ETF approvals, seasoned investors know that such pivotal moments can seen as the start of an explosive Altcoin Season. NEAR Protocol (NEAR), once basking in the glory of a $20 all-time high, has now retracted to under $2 - a staggering 90% fall from its peak.
But here's where it gets interesting: NEAR's weekly timeframe reveals increasing bullish volume for the past 3 weeks, suggesting a big move is around the corner that could potentially catapult NEAR to a $6-8 price range in the upcoming months. That's a 200-300% potential return from its current price.
Stay tuned for more hidden altcoin gems - follow for the latest insights and don't forget to hit that boost icon to support!
Disclaimer: This is not financial advice. Investment decisions should be based on personal research and risk appetite.
Before you rush to capitalize on this opportunity, remember, that the crypto landscape is as treacherous as it is rewarding. Arm yourself with research, risk management, and tread wisely.
NEAR Big move depends on BTCNEAR is in a very good and initial zone to get into.
Still the BTC upper movement is totally dependent on market structure right now, rather than the char analysis.
I have shared my BTC chart analysis too, in my previous idea. But the movement depends on capturing the resistance bar.
After capturing the resistance bar if the uptrend continues, it will very good for Near.
I think 2-2.3 is a good range for Buy .
If long, the manage the SL, as there had been no wick in past 2-3 months. So SL is a must.