NEAR - NEAR/USDT

- USDT (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	NEARUSDT
ISIN:

NEAR - NEAR/USDT - Daily - Technical analysis published on 04/14/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

39%

My opinion

Bullish above 15.31 USDT

My targets

17.60 USDT (+3.10%)

20.18 USDT (+18.22%)

My analysis

NEAR - NEAR/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 15.31 USDT. The next resistance located at 17.60 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 20.18 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NEAR - NEAR/USDT price is 17.07 USDT. The price has increased by +1.37% since the last closing and was between 16.77 USDT and 17.38 USDT. This implies that the price is at +1.79% from its lowest and at -1.78% from its highest.

16.77

17.38

17.07

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NEAR - NEAR/USDT:

Technical

A technical analysis in Daily of this NEAR - NEAR/USDT chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are bullish. There is still some doubt about the price increase.
The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	11.69	13.49	15.31	17.07	17.60	20.18
Change (%)	-31.52%	-20.97%	-10.31%	-	+3.10%	+18.22%
Change	-5.38	-3.58	-1.76	-	+0.53	+3.11
Level	Intermediate	Intermediate	Intermediate	-	Intermediate	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.65	15.14	15.99	16.48	17.33	17.82	18.67
Camarilla	16.47	16.59	16.72	16.84	16.96	17.09	17.21
Woodie	14.83	15.23	16.17	16.57	17.51	17.91	18.85
Fibonacci	15.14	15.65	15.97	16.48	16.99	17.31	17.82

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.70	12.14	14.83	17.27	19.96	22.40	25.09
Camarilla	16.10	16.57	17.04	17.51	17.98	18.45	18.92
Woodie	9.82	12.20	14.95	17.33	20.08	22.46	25.21
Fibonacci	12.14	14.10	15.31	17.27	19.23	20.44	22.40

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.88	7.12	10.21	12.45	15.54	17.78	20.87
Camarilla	11.84	12.33	12.82	13.31	13.80	14.29	14.78
Woodie	5.32	7.33	10.65	12.66	15.98	17.99	21.31
Fibonacci	7.12	9.15	10.41	12.45	14.48	15.74	17.78

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	62.81
MACD (12,26,9):	1.2900
Directional Movement:	10.53
AROON (14):	50.00
DEMA (21):	17.19
Parabolic SAR (0,02-0,02-0,2):	19.44
Elder Ray (13):	0.94
Super Trend (3,10):	13.01
Zig ZAG (10):	17.06
VORTEX (21):	1.1400
Stochastique (14,3,5):	59.21
TEMA (21):	17.62
Williams %R (14):	-37.20
Chande Momentum Oscillator (20):	2.25
Repulse (5,40,3):	4.4500
ROCnROLL:	1
TRIX (15,9):	1.5600
Courbe Coppock:	42.94

MA7:	16.75
MA20:	15.48
MA50:	12.53
MA100:	12.76
MAexp7:	16.63
MAexp20:	15.46
MAexp50:	13.67
MAexp100:	12.60
Price / MA7:	+1.91%
Price / MA20:	+10.27%
Price / MA50:	+36.23%
Price / MA100:	+33.78%
Price / MAexp7:	+2.65%
Price / MAexp20:	+10.41%
Price / MAexp50:	+24.87%
Price / MAexp100:	+35.48%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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