NEARUSDT
NEAR: market analysis fir NEAR starts forming a converging formation on the Daily timeframe. The upper border of this price range is the resistance level formed on August 30 – September 2. The borders of this resistance are $4.57 – $4.37. The nearest support was formed on September 2 – 5. Its borders are $4.07 – $4.17.
This price range is likely to be broken through soon. The price is in the resistance zone now.
After the bullish candle on the Daily timeframe is closed above the resistance level the market will reverse and the uptrend will start. The first target in this case is the resistance level formed on August 10 – 14 with the borders of $5.95 – $6.20 .
When breaking through the support, the trend will continue and we should look for selling opportunities. In this case the target will be around the support level with the borders of $3.70 – $3.76.
NEAR Quick Long PlayOn the 4HR NEAR is been going sideways and could have a quick pop.
Stock RSI at bottom and should be turning around.
TP 4.40
SL 4.08
Always DO YOUR OWN Research.
I took this trade on a small 4X leverage over on the MEXC exchange.
For more IDEAS be sure to follow me here on TradingView
Carlos
NEAR Protocol (NEAR) - September 2Hello?
Welcome, traders.
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(NEARUSDT 1W Chart)
The key is to keep the price above 3.802 and break out of the downtrend line.
(1D chart)
The price must remain above the HA-Low indicator to transition to an uptrend.
So, you need to make sure you keep the price above 4.063.
- The Stoch RSI indicator is entering the overbought zone.
So, when the Stoch RSI moves out of the overbought zone, you need to see if the price holds at or above the 3.802-4.063 range.
- In order to continue the uptrend, the price must be maintained above the HA-High indicator.
Therefore, it should find support near 4.184 and move above 5.543 or shake up and down to cause the HA-High to decline.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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NEAR/USDT ChartHi, I try to post often so if you could follow and like it would mean a lot to me
I did this prediction a while ago on my stream and we just reached the target. After a consistent run, it is time so short NEAR. My main target is 4.06$ and after that we can see a bounce or just go down to 3.70$. Comment what you think.
I did a BTC idea today, so check that out. Late night stream today at 00.30 UK time/BST. I will be answering your questions and talk about the market. If you want me to do an analysis about a coin that you hold come to the stream. I hope I see you there.
Near bearish sentiment September has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
NEAR is a cypto with a negative overall sentiment recently.
I have the following price targets:
NEAR/USDT short
Entry Range: $4.00 - 4.35
Price Target 1: $3.65
Price Target 2: $3.20
Price Target 3: $2.95
Stop Loss: $4.85
NEAR - Mixing Harmonic Patterns with WyckoffMixing Harmonic Patterns with Wyckoff Law (and also confirming with Elliot Wave where applicable) can be one of the most effective ways to trade.
The AB=CD pattern comes within many Harmonic patterns such as the Shark, Crab or Bat. You can scalp movements like this within confirmed (or very possible) harmonic patterns that all point to a singular number.
You can also trade smaller harmonics within bigger harmonics, as long as you map out the bigger harmonic first, so you have an idea where the market is heading mid-long term.
In the example above, we use altcoin NEAR Protocol. We first check the 4 hour to find bigger harmonics, and then switch down to the 1 hour or 15 mins and trade those timeframes, depending on what we prefer.
Currently, NEAR on the 1 hour timeframe is pointing towards 4.72 via the 1.618 and the 2/2.14 fibs. It makes sense that price would top here, because of the "Preliminary Supply / PSY" Section as seen in Wyckoff Redistribution Schematic #4 (For more info on this, please check my "Link to Related Ideas" below, where I describe this in more detail on a Bitcoin chart.
You could also use Elliot Wave analysis here to map out the 5 waves upwards towards 4.72. Perhaps the final 5th wave points to a 1.272 or 1.618 expansion?
NEARUSDT: worth buying?The market remains in the uptrend on the Daily timeframe. The market has been in the deep correction for the last few days. The price hit the support level with the borders of $4.18 – $3.95 and the pullback was formed .
A pullback buying opportunity was formed since the bullish candle was closed around this price level. The target for the bullish movement continuation is the resistance level with the borders of $5.97 – $6.20 formed on August 10 – 14.
Long positions will remain relevant until the market is above the nearest support level on the Daily timeframe, the lows of July 31 – August 4 .
NEAR Protocol (NEAR) - August 22hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(NEARUSDT 1W Chart)
The key is whether the price can be maintained above the 2.792-3.545 range.
(1D chart)
Resistance: 5.051
1st support: 3.802-4.184
2nd support: 2.792-3.545
We need to see if we can support near the 3.802-4.184 section and rise above 5.051.
- The RSI, Stoch RSI and CCI(9) indicators are entering the oversold zone.
So, it's a good idea to see where you find support and resistance until you break out of the oversold zone.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV index was re-created by applying a formula to the DepthHouse Trading index, an index disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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NEARUSDT |Coin Review| You must add this coin to yourself!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
While I see such a situation, I showed an approximate plan on the chart, I think that the market will still be pumped, the price against the background of falling btc will drop to the $4 zone
NEAR Protocol fell by -15% today, this is a good chance to buy a coin at a discount in your investment portfolio
Guys from the technical analysis side, I can’t say much here, in the long run I think that this coin will cost above its maximum of $20.44
A very interesting project with a great team and further goals.