NEARPERP trade ideas
NEAR PROTOCOL NEARUSDT Decision TimeNear trading in an ascending Triangle . Traditonally a Bearish pattern. Bulls need to show up soon to avoid a price decline. Its not a bull Market if you dont buy a dip. If we get a daily closure below the trendline then I would consider a short if we get a bounce then a long with a stop below the trend line could be a nice little earner.
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
(NEAR) Where are you going to ? 📈 📉Hello everyone !
Today H₿ Capital is analyzing NEAR based on a « Weekly » chart 📈
What we can see :
- Since October 2020 until now, prices are progressing into a parallel channel. Right now Near is trading right on the upper line of this channel. It seems that 20$ is a strong resistance that Near must break to reach higher levels.
- By using the Trend based Fib extension, we can see that prices had difficulties breaking the 2.618 Fib Extension.
- We got a bearish divergence on the RSI
- The CHOP index tends to decrease which indicates a loss of strength
- Spreads are positive, it would be better if it became negative
What we can expect :
- If prices fail to break the upper line of the parallel channel (which coincides with the 2.618 trend based fib extension) then, we can expect Near to reach the following support levels :
Support levels :
1. 13$ —> 1.618 / 0,382 / Tenkan
2. 11$ —> Kijun / MM20
Best buying area :
1. 8,86$ to 5,64 $ —> 0,618 / 0,786
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MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
NEARUSD Price Action Looking StinkyWe got a Pseudo Bullish 3-Line-Strike with Bearish Divergences on the RSI and a bit of Tweezer Top action NEAR the PCZ of some AB=CD Patterns. I expect to see this go down towards the 10 dollars area in the NEAR future.
Here's a Close up on the 4 Hour 3-line-strike/tweezer top price action:
NEAR +$20 soonAll the indicators are looking really good got NEAR.
Since more projects are coming in this protocol more adoption is being generated for NEAR protocol.
Blue LSM and Red RSI are about to cross and both above level 50 in most of the time frames.
Very good long term project
Appreciate the hard work and press like.
Happy trading,
Rafa
NEAR PROTOCOL TO $26 IN FEW MONTHSHey ! If you don't know about NEAR go now and open a wallet ! You will discover the real ease of use Blockchain ! wallet.near.org
This is 3rd generation blockchain with a big ecosystem of dapps !!! You can intercat easily, everything is doing WEB -> WEB3 and you don't need to download anything !!! Always your keys and the wallet address is legible, it is your username!!!
We, who understands this technology are here for the long run mate.
Take it easy, if you know what you are doing you won't be saying all that stuff...
Cardano, Doge coin, Shiba all of them are worthless... Still a lot of people don't understand the tech or the tokenomics and they are investing with poor choices.
Eventually, smart money will flow to the projects that have ecosystem.
Near is one of few... With ecosystem.
Plus ease of use, scalability, fast, low fees.. etc
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Price prediction:
Near is in the top of an uptrend, it will continue to rise, and in few months well be around $26 USD. Right now, we are in the top of the uptrend so my price prediction is to stay on this level around $10 USD
#NotFinancialAdvise
NEARUSDThello guys
as you can see in the chart NEAR was able to break the dynamic resistance line (marked in red) powerfully last week. and now it seems that price is going to test the intersection of broken resistance and bullish trend line(marked in blue).
this intersection zone can be a good place to buy(aiming for the channel's upside)