NEAR
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?
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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.
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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 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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💡Don't miss the great buy opportunity in NEARUSD @NEARProtocolTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.749).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEARUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 5.198
TP2= @ 5.631
TP3= @ 6.497
TP4= @ 7.628
TP5= @ 8.877
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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💡Don't miss the great buy opportunity in NEARUSD @NEARProtocolTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.749).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEARUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 5.198
TP2= @ 5.631
TP3= @ 6.497
TP4= @ 7.628
TP5= @ 8.877
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
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.
Near protocol to keep going down for the sort termGiven the bear market I expect the price of NEAR to keep going down before a rally.
As I see NEAR as a long term investment I will start to DCA
DCA 1: $4.87 (25%)
DCA 2: $4.50 (50%)
And a final hail marry at $1.62 (25%).
The bottom target is unlikely to happen, but it is the next level of resistance, (but we have to go far in the past to see it).
I do expect a rally eventually to take us back above $6 regardless of the targets we reach.
Near/USDT analysisThe pair Near/USDT is forming a falling wedge on the 4H time frame (Green lines), the pair also testing an important fib area between 0.5 and 0.618 on the daily time frame, which coincide with the bullish trend line on the daily (the yellow line) , if the pair could retest all the supports (Horizontal green line) and go up from there, that may lead to push the price of near to a higher level.
On the 1H time frame Near/USDT also showing some strength by forming an inverse head and shoulders pattern exactly inside 0.5 fib level.
Considering all the data above Near could breakout the falling wedge during the next couple days and hit the target 6.1usdt.
NEAR NEAR / USDT
86% Crash from the 2021 Bullrun top
Finally Bulls start to show some actions here at the uptrend line in which price was pumped hard every time when touched it
As long as we stay above this support , the priority is for bulls and this might be the bottom for this coin
Invalidation : loss uptrend-line
Best of wishes
NEAR Protocol (NEAR) - August 10Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(NEARUSDT 1M Chart)
The key is whether you can climb to the 6.557-7.309 section.
To do that, we need to make sure we can keep the price above 5.051.
(1W chart)
Resistance: 6.557-7.309
Support: 2.792-3.545
If the price is maintained above 5.051, it is expected to rise to the 6.557-7.309 range.
- As the Stoch RSI indicator and short-term CCI entered the overbought zone, it is necessary to check whether support is found near 5.051.
(1D chart)
The key is whether it can be supported and rise in the 5.051-5.350 section.
If it moves lower from 5.051, we should see support near the 4.184 area.
- As the RSI indicator is entering the overbought zone, it is necessary to check at which point support and resistance are found when the RSI is out of the overbought zone.
The interval 6.557-7.309 is the interval that determines the trend.
Therefore, if it is not supported in this section and falls, a Stop Loss is required to secure cash.
------------------------------------------------------------ -------------------------------------------
** 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 through split trading. It is a short-term investment perspective.)
---------------------------------
NEAR: market anakysis for August 9NEAR is in the bullish trend on the Daily timeframe. Another high of $4.70 was updated on August 5. Now the correction may start in the market.
A pullback buying opportunity will appear after the correction formation on the Daily timeframe. The correction which has just started may form another resistance where the high of August 8 will become its upper border.
The main target for the bullish movement is the resistance level formed on May 30 – June 1 . Its borders are $5.96 – $6.22.
Long positions will remain relevant until the market is above the nearest support level on the Daily timeframe, the lows of July 30 – August 3. The borders of this support are $3.95 – $4.18.
When breaking through the support, the movement potential is limited since the next support is slightly below these levels.
📊 NEAR confirmed a breakout. What's next?Hello, dear TradingView members.
This idea is a NEAR analysis.
NEAR just broke out of the uptrend channel, successfully pulled back, and confirmed the breakout.
Three resistance levels are on the way up, which can push down the price.
Our support level could be the upper band of the channel.
The RSI shows overbought signals, which shows the price might go back down.
The upper band of the Bollinger Band can also push down on price.
The Speedometer indicator shows Buy volumes on the market for NEAR on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.