Nearprotocol
NEARUSD Buy SignalPattern: Channel Up on the 1D time-frame.
Signal: Buy as the price is supported on the Higher Lows trend-line (bottom) of the Channel Up and the 1D MA200 (orange trend-line) with the 1D RSI also at the bottom of its own Channel pattern.
Target: 30.000 (just below the 2.0 Fibonacci extension).
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NEAR Near Protocol: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Near Protocol (NEARUSD).
The chart is self-explanatory. The price recently formed a double bottom but still in a descending triangle. If price breaks out of the triangle, there may be a chance for a upside to the resistance area noted in the chart. RSI is getting supported by a support line. If price breaks down, please keep an eye on the Ichimoku Cloud as support as well as the dash line as a support area.
Included in the chart: Trend line, Support and Resistance Lines, RSI, Descending Triangle, Bearish Divergence, Ichimoku Cloud, Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
I have a bunch of additional recent charts below on cryptocurrencies to review. Check them out!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
💡Don't miss the great buy opportunity in NEARUSD @NEARProtocolTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (16.50).
. 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 41
Take Profits:
TP1= @ 18.16
TP2= @ 19.14
TP3= @ 20.48
TP4= @ 22.00
TP5= @ 23.76
SL= Break below S2
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NEARUSDT, We are reaching to the top of channelHello everybody
We backed with another amazing powerful project. NEAR is one of my favourite project that is working on ...
If you want to learn and know anything about fundamental or analysis send us messages in private of social media or trading view
According to the chart you can see the price is moving in upward channel and we expect the price reach to the top of the channel and then the sell order activate and the price drop but if its wanna change upward trend to downward it should check and re-test again the top of channel then its ready to dump.
If you wanna take sell position and sell your spot at the top of channel at first take signal like reverse hammer or descending cover or pattern price or ... then entrance in position and observe to capital management
Good Luck
Abtin
$NEAR Recovery from the sell-off last December 4$NEAR after the sell-off that happened last December 4, 2021.
In just a span of 1-month $NEAR was able to recover and one of the fastest mover aside from $ROSE since the sell-off.
Amazing!
Congratulations to every who bought and hold, or even traded with leverage.
I'm astonished.
NEAR/USDT 15m timeframeaccording to an Elliot wave ;
- NEAR could retrace to the target area which is between the 0.5 & 0.618 fib levels of the Elliot wave A
- there is also a bearish TK cross and a double top which supports this
- i dont think the fib level will hold as its just had a new ATH and is overly volatile
NEAR 3 waveHere we go, everyone, a chart on NEAR, as many have requested.
NEAR is in a strong uptrend well above its two means of 50 days MA and 200 days MA. By dividing the price pattern in waves, we can appreciate that NEAR is well into the 3rd wave of primary degree. This has started earlier compared to other crypto and BTC. As you can see from the chart, I am now expecting a retracement around the 21-22 area due to be the 160% extension of manor wave 1, the usual target for wave 3. After that, I expect a retracement to around 14-15, which correspond to the 0.38 of minor wave 3. It is also where the last correction (Flat, ranging) is before the new all-time high. There will also probably sit the 50MA. If the price there will break by 13$, we can expect a revisit of the middle of the EW channel around 10.
As you can appreciate, I then expect NEAR to go to 31.
Also, we can notice a bearish divergence unfolding on the daily frame. However, I would wait for a new high to settle in with a bearish pattern before playing this divergence.
Volume has also picked up the pace on the break-out, which gives confidence about the move. However, always remember to wait for confirmations and place your stop losses.
I wouldn't enter now but wait for a meaningful retracement.
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$NEAR/USDT 3h (Binance Futures) Ascending channel on supportNEAR Protocol is up-trending and successfully retested 200MA, another leg-up is likely.
Current Price= 10.0721
Buy Entry= 9.8603 - 9.0601
Take Profit= 12.6445 | 15.2421 | 18.9276
Stop Loss= 7.6354
Risk/Reward= 1:1.75 | 1:3.17 | 1:5.19
Expected Profit= +33.66% | +61.12% | +100.08%
Possible Loss= -19.29%
Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Website: near.org
Contracts:
#Mainnet
#BEP20 0x1fa4a73a3f0133f0025378af00236f3abdee5d63