NEAR - NEAR/USDT
NEAR - NEAR/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: NEARUSDT
ISIN:

NEAR - NEAR/USDT - 1H - Technical analysis published on 07/13/2022 (GMT)

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  • Timeframe : 1H
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  • Status : INVALID

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 3.34 USDT
My targets
3.24 USDT (-1.22%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 3.34 USDT remains possible. It is advisable to trade NEAR - NEAR/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 3.34 USDT. The next bearish objective for sellers is set at 3.24 USDT. A bearish break of this support would revive the bearish momentum. PS: if there is a bullish break in the resistance located at 3.34 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.1

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

Additional analysis

Quotes

The NEAR - NEAR/USDT rating is 3.28 USDT. The price has increased by +2.82% since the last closing and was traded between 3.17 USDT and 3.29 USDT over the period. The price is currently at +3.47% from its lowest and -0.30% from its highest.

3.17
3.29
3.28

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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

Technical


Technical analysis of this 1H chart of NEAR - NEAR/USDT indicates that the overall trend is bearish. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 12 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 3.24 3.28 3.34 3.59 3.87
Change (%) -1.22% - +1.83% +9.45% +17.99%
Change -0.04 - +0.06 +0.31 +0.59
Level Intermediate - Minor Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.973.083.133.243.293.403.45
Camarilla3.153.163.183.193.213.223.23
Woodie2.953.073.113.233.273.393.43
Fibonacci3.083.143.183.243.303.343.40


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.722.973.383.634.044.294.70
Camarilla3.623.683.743.803.863.923.98
Woodie2.813.013.473.674.134.334.79
Fibonacci2.973.223.383.633.884.044.29


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.960.962.154.075.267.188.37
Camarilla2.492.773.063.343.633.914.20
Woodie-1.330.781.793.894.907.008.01
Fibonacci0.962.152.884.075.265.997.18

Numerical data


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

Technical indicators
Moving averages

RSI (14): 53.35
MACD (12,26,9): -0.0100
Directional Movement: -1.54
AROON (14): 57.15
DEMA (21): 3.23
Parabolic SAR (0,02-0,02-0,2): 3.17
Elder Ray (13): 0.03
Super Trend (3,10): 3.33
Zig ZAG (10): 3.27
VORTEX (21): 0.9800
Stochastique (14,3,5): 81.88
TEMA (21): 3.25
Williams %R (14): -9.76
Chande Momentum Oscillator (20): 0.05
Repulse (5,40,3): 1.1900
ROCnROLL: -1
TRIX (15,9): -0.1000
Courbe Coppock: 1.06
MA7: 3.47
MA20: 3.53
MA50: 4.11
MA100: 8.04
MAexp7: 3.26
MAexp20: 3.25
MAexp50: 3.31
MAexp100: 3.40
Price / MA7: -5.48%
Price / MA20: -7.08%
Price / MA50: -20.19%
Price / MA100: -59.20%
Price / MAexp7: +0.61%
Price / MAexp20: +0.92%
Price / MAexp50: -0.91%
Price / MAexp100: -3.53%

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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