NEARUSDT
NEARUSDT ACCUMULATION PATTERNNear seems to be accumulating with institutional money as per wyckoff accumulation pattern, as it is looking for a big leg up towards ~12$ and back into the trend line.
I'am looking for a slight correction from local highs to be bounced on back from the top of falling wedge. If all goes well, we can even see a huge bull scenario to the top of the trend line at near ~20$
NEARUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
We have drawn two support lines where the price has reacted to the first support line and started to move upwards.
If the first support line is lost and the price stabilizes below it, we predict a fall to the second support line.
We expect the price to move up to $11 if the resistance line breaks and the price stabilizes above it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
NEARUSDT Good Buy Opportunity!NEARUSDT (Day Chart) Technical analysis
NEAR/USDT (Day Chart) Currently trading at $7.80
In the above chart old resistance zone act as new support.
And price touched 200EMA in 4h chart. EMA act as good support!
Buy level: Above $7.30
Stop loss: $6.30
TP1: $9.60
TP2: $10.50
TP3: $11.80
TP4: $15.00
Max Leverage: 2x
Always Keep Stop loss
NEARUSDT is on a daily supportAfter 3 times touching the same zone the chart has faced a resistance which pushed it downwards. After almost 180 days the char regains its energy to break out the resistance line(the black horizontal line) and now is on a pullback, moreover the bullish trendline should be considered as the second major support for the contemporary situation. all in all, all of these technical factors would vanish if the whole market tends to go down so always be cautious and put stop losses for your trades.
$NEAR/USDT Futures TA 14.09.2021Blessings family of traders, may you are well and in peace, and hopefully having some nice profits today. I want to share you the potential of $NEAR/USDT Futures which has been holding nice the support level between $8.6 and $8.8. If it manages to reject this area by the end of the day, the immediate resistance level would be between $9 and $9.1. Right now, we are having a breakout of the support, however, we need to give some room for the price to show if it is a false breakout or just a shift in the direction of the trend.
How can we double check where the price is possibly going? (Key word "possibly" because you can't predict what the market will do, but of course, you can have a very educated guess with the proper TA and FA)
Well, taking a closer look at the RSI of the 1H chart the price looks oversold/undervalued, which is a buying call once the blue line (buyers) crosses up the red one (sellers). However, the MACD is maintaining the bearishness. I would wait till both indicators are moving in the same direction, and with a volume greater than the MA with a full candlestick closing above the $9 resistance.
If the price keeps droping under the support level of $8.6 and it consolidates under it, I would use the same indicators as mentioned before to take an entry once the price fully closes above $8.6, making sure that when this happens is with a big volume.
In the 1D chart, the price doesn't look too much oversold/undervalued in the RSI, and the MACD is bearish, so we could still see some drop in the 1H chart. Don't chase the trade, but plan it, use the alerts of Trading View, and share any questions or thoughts.
I would suggest a SL using Trailing Order with 5%.
This is not financial advice but for educational purposes only. Always do your own diligent research.
BINANCE:NEARUSDTPERP
Near Protocol Price Analysis: ABC Pattern Calls for a Temporary Near Protocol (NEAR) cryptocurrency was among the few digital currencies that sustained a big rally while the cryptocurrency market underwent a massive sell-off. In Elliott Wave analysis, the ABC pattern is a 3-wave pattern where wave A and wave C are equal in length.
ABC Pattern
From October’s 2020 low through March’s high, NEAR developed its first leg A. The price correction going from March’s high through July’s low represents the second leg B of the 3-wave pattern. Based on the Elliott Wave analysis, the continuation higher within wave C can end anywhere between 100% and 1.272 Fibonacci ratios, which is between $8.84 and $10.83.
On the flip side, a lower correction will find the first level of support at $7.56, followed by the $4.11 level.
RSI Momentum
On the RSI oscillator, we have positive momentum readings above the mid-level 50. If we have a lower reaction and the RSI momentum readings remain above the 50 level, the bulls are expected to keep control.
A daily close below the considerable psychological number of $10 can signal that a correction is underway, at least in the short term.
NEARUSDT ShortReason
1.Wave 5 is over
2.Double top Pattern
3.Try to retest with weak volume
4.Support Channel will breakout closely
5.RSI divergence
Disclaimer ON
this chart is not a signal you should follow, I just want to share what I think, if I made a mistake please let me know in the comments section, Thanks.
NEAR (again on watchlist)NEAR / USDT
Near is trading near strong resistance
If price able to hold above resistance for next few days it can go parabolic (worth buy very small amount after breaking out)
But if rejected it will dump very hard
Worth to keep eye on it for next price action
Note : its up more than 90% since my last alert
Best of wishes
NEAR/USD ForecastThe daily chart shows that yesterday’s melt-up lifted NEAR Protocol above a descending trend line at $6.90. This accelerated the buying, and as a consequence, NEAR cleared the previous all-time of $7.4500. This now becomes the first level of support, followed by the former trend resistance, now seen at $6.85.
How far can the rally take NEAR? Considering the performance against a weaker market backdrop, the price action is definitely positive. Although the parabolic nature of yesterday’s advance has left the market looking a bit stretched. The Relative Strength Index is extremely high, and its 80.10 reading may lead to a correction.
In saying that, as long as trend support holds, the NEAR protocol price looks good. Just how good is hard to say. That depends on how the broader market fares in the coming days. Personally, I think chasing this rally is risky until stability is confirmed.
However, that made no difference yesterday, and if the price manages to clear Tuesday’s $10.45 high, it could well extend even higher. However, a correction is more probable.
Feel free and get in touch for more updates, signals and trade alerts
NEARUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
We have drawn a support line for you that has been able to support the price, and the price has started to move up quickly.
At the moment, if the price can stabilize above that line, it can touch our target over time, and if it falls down and stabilizes below the support line, we expect a further fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
NEAR longLooking for long entry here, currently price moving near previous ATH after its break up, the price will go up up up. If BTC will not dump, this will work out good.
You can start add some margin to the position now and add some more after ATH break out.
Don't forget to risk and money manadgment, DYOR!