Get started

NEARUSDT

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?
Short
by reiiss7
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 .
Long
by JIexa1701
1
NEAR Protocol (NEAR) - August 22hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (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.) ---------------------------------
by readCrypto
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.
Long
by DanilBlinkov
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.
BITFINEX:NEARUSDShort
by crypthal
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.
Long
by Crypto-nao
NEARing the bottomRecently, I made an analysis on NEAR where it was trading within an ascending channel. It traded inside it for a short amount of time but eventually broke out of that channel and has been trading within the descending channel shown above. I expect that NEAR will continue to trade inside this channel for the short-term but is approaching a short-term support zone at ~5.17. If it holds, NEAR can push toward the upper bound of the descending channel. If the support does not hold, NEAR can continue trading downward in the channel until its next major support zone at ~4.57. As always, this is not financial advice and all information is for educational purposes only. Please feel free to leave any thoughts and comments below.
by kush23456
We're NEAR the edgeNEAR has been trading in this ascending channel since the beginning of August, pretty much like every other altcoin. However, NEAR sometimes detaches from BTC's usual movements so it is one that can make us profit and hold its support when others don't. From a TA perspective this ascending channel has held many times before and held once more today. As long as BTC keeps some stability and continues to stay within its short-term ascending channel without large moves downwards, NEAR can move toward the top of this channel for a ~15-17% profit. Of course, it is very important to remember in every altcoin analysis, that BTC is still in an overall downward channel on the weekly timeframe. A move downward can cause major volatility in the alts. As usual, this is not financial advice and all ideas are for education purposes only. Always happy to hear more and learn about different perspectives so please feel free to leave any comments and thoughts below!
Long
by kush23456