NEARUSD
NEAR Protocol (NEAR) - September 28Hello?
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(NEARUSDT 1W Chart)
The key is whether the 2.792-3.545 zone is supported and able to rise.
(1D chart)
In order to continue the upward trend, it must rise above the HA-High indicator.
So, the key is whether it can move higher than 4.682.
However, it is expected to show a sharp rise only when it rises above 5.638.
If not, you should check to see if it is supported in the 2.792-3.545 section.
If it falls below 2.792, it is likely to move towards the 1.412 area.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(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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✅TS ❕ NEARUSD: moving down✅✅NEAR is moving in a downtrend. The price is updated minimums. Now there is a correction, after which the price will go down.✅
🚀 SELL scenario: short below the support level.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
NEAR Protocol (NEAR) - September 19Hello?
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 you can keep the price above 3.545.
(1D chart)
In order to turn into an uptrend, it should find support and move higher near 4.063.
It needs to move above 4.682 to continue the uptrend.
However, there is a possibility of resistance in the 5.051-5.638 section.
If it goes down, you should check to see if it finds support at the 2.792-3.545 level.
A full-fledged uptrend is expected to begin when it rises above 8.556.
------------------------------------------------------------ -----------------------------------------------------
** 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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✅TS ❕ NEARUSD: bounced off✅✅NEAR broke the uptrend. The price has updated the lows. Correction is now possible. After that, you can expect a fall.✅
🚀 SELL scenario: short to 3.8.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ NEARUSD: reached the support✅✅NEAR has already formed the fourth peak in the area of the resistance level. The price dropped every time after touching the level. I expect a second bounce down.✅
🚀 SELL scenario: short to 3.84.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
📚Learn More💰Earn More - Inverse Head and Shoulders in NEARUSD📚 LEARN MORE
💰 EARN MORE
Inverse Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “Neckline” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly horizontal.
This illustrates that the downward trend is coming to an end.
When a Head and Shoulders formation is seen in a downtrend, it signifies a major reversal.
The pattern is confirmed once the price breaches the neckline resistance.
In this example, we can easily see the head and shoulders pattern.
How to Trade the Head and Shoulders Pattern:
ENTRY :
we put an entry order above the neckline.
TARGET :
We can also calculate a target by measuring the lowest point of the head to the neckline.
This distance is approximately how far the price will move after it breaks the neckline.
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NEARUSDT 12h Strong rebound and good prospects for NEAR priceAfter the market crash on 09/06/22, when BTCUSDT price updated the local low, many altcoins partially repeated this maneuver, but without updating the lows.
But already today we see that the NEARUSDT price not only did not renew the lows of the previous months, but also showed one of the best rebounds upwards.
Well, with such strength and enthusiasm of NEAR buyers, we can expect a continuation of good growth in the area of $5.60
Local correction to $4.15 before the continuation of growth will also be within adequate limits without breaking the structure of the future growth pattern.
Globally, the reversal and change of the trend is a long process, not everyone has the patience to sit out in the crypt. As a result, units will be rewarded for patience, and the rest will be catching up in the course of growth, pumping the market with fresh money.
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NEARUSD ❕ good potential for growthNEAR is moving in a downward channel within the wide-band candlestick zone.
The drop in price is accompanied by a decrease in trading volumes.
TD Sequential formed a reversal signal up (1H TF)
I think NEAR could rise if it consolidates above the nearest resistance level, but the most interesting movement will be when the asset is able to consolidate above the current range.
NEAR Protocol (NEAR) - September 2Hello?
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 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.
------------------------------------------------------------ -------------------------------------------
** 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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✅TS ❕ NEARUSD: sideways✅✅NEAR moves sideways. The price has reached the resistance level. A bounce down is possible.✅
🚀 SELL scenario: short to 3.84.🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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?