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NEAR / TetherUS

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NEARUSDT trade ideas

NEAR/USDT looks Ready for a Bullish Breakout?👀 🚀Nearprotocol💎 Paradisers, let's turn our analytical lens towards #NEARUSDT as it's shaping up for a potentially significant market move. We're observing it on the cusp of a pivotal breakthrough in a crucial supply zone, indicating a potential upward journey on successful navigation. 💎 Let’s zoom in on #NEARPROTOCOL recent moves. It's been playing cat-and-mouse with a descending channel for about a month, finally breaking free with some impressive green candle action. It’s like NEAR gearing up to smash through the daily supply zone. And if it nails this breakout? We’re eyeing supply levels at $2.863 and $3.719 – talk about reaching new heights! 💎 But hold on, savvy NEAR traders, this isn’t a one-way street. Cryptocurrency markets are full of twists and turns. If it breakout turns out to be a cliffhanger and doesn’t go as planned, be on the lookout for a bullish bounce back from the support line at $1.647. Think of it as your trading safety net. 💎 And here’s the real kicker: if NEAR takes a dive below this support level, it's a signal to switch gears. It might mean rethinking our bullish script and adapting to whatever plot twist the market throws our way. 🌴🍿💰
Long
by MyCryptoParadise
2
NEARUSDT Potential: Predicting a 76% Rally🔅NEARUSDT recently broke above the wedge pattern, accompanied by breaching the long-term downtrend trendline. This move was followed by a significant transformation from supply to demand, evident in the market's response to these zones. 🔅The most recent pullback halted precisely at the 61.8% Fibonacci retracement level, highlighting substantial buying pressure at this critical level. 🔅The current indications heavily favor an uptrend continuation, setting the stage for an anticipated substantial 76% price increase in the coming weeks. As usual, we'll be sharing a comprehensive trade setup in our channel to capitalize on this potential opportunity.
Long
by CryptoPAMM
2
NEAR/USDT Analyzing Bullish Potential from Resistance ?👀🚀💎 Paradisers, let's turn our attention to #NEARUSDT as it showcases a notable trend. The asset is exhibiting signals that suggest a bullish continuation, having recently transitioned from resistance to a potential support zone. 💎 #NEARPROTOCOL recently faced rejection at the $3.826 resistance level, with market sentiment leaning towards selling. However, there's a strong likelihood of a bullish trend continuation from the support level at $2.664. If AMEX:NEAR maintains its momentum above this support, it could set its sights on the substantial resistance level at $5.278. 💎 But, as any seasoned trader knows, having a backup plan is crucial. If #NEAR fails to sustain itself above the $2.664 support, it may be time to consider Plan B. This alternative scenario might involve a bullish recovery from the lower support level at $5.278. Keep in mind, a breach below this level could indicate a shift towards a more significant downward movement. 🌴💰
Long
by MyCryptoParadise_Simon
1
NEARUSDTAnalysis of NEAR time form 4 hours According to the upward channel drawn in yellow color and also the confirmations taken from the bottom and ceiling of the channel, it is expected that targets 1, 2 and 3 will be touched in case of breaking the ceiling of the channel. It is located exactly on the Fibonacci level of 38 and 23. The support in this area is strong and the bullish scenario is stronger. Paying attention to the loss of the price level of the channel floor and Fibonacci 0.5 is a must. Technical analyst: Amir Hassan Salek #NEARUSDT
Long
by taghadosi