NEAR - NEAR/USDT - Daily - Technical analysis published on 07/17/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
50%
11%
39%
My opinion
Bearish under 4.07 USDT
My targets
3.17 USDT (-11.45%)
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 4.07 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 4.07 USDT. The next bearish objective for sellers is set at 3.17 USDT. A bearish break of this support would revive the bearish momentum. PS: if there is a bullish break in the resistance located at 4.07 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
2
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Additional analysis
Quotes
NEAR - NEAR/USDT rating 3.58 USDT. The price is lower by -1.92% since the last closing and was between 3.54 USDT and 3.77 USDT. This implies that the price is at +1.13% from its lowest and at -5.04% from its highest.3.54
3.77
3.58
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of NEAR - NEAR/USDT in Daily shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
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.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bearish harami
Type : Bearish
Timeframe : Daily
Three white soldiers
Type : Bullish
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 3.17 | 3.58 | 10.36 | 13.50 | 17.54 |
| Change (%) | -11.45% | - | +189.39% | +277.09% | +389.94% |
| Change | -0.41 | - | +6.78 | +9.92 | +13.96 |
| Level | Major | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.17 | 3.28 | 3.46 | 3.57 | 3.75 | 3.86 | 4.04 |
| Camarilla | 3.57 | 3.60 | 3.62 | 3.65 | 3.68 | 3.70 | 3.73 |
| Woodie | 3.22 | 3.30 | 3.51 | 3.59 | 3.80 | 3.88 | 4.09 |
| Fibonacci | 3.28 | 3.39 | 3.46 | 3.57 | 3.68 | 3.75 | 3.86 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.44 | 2.75 | 3.20 | 3.51 | 3.96 | 4.27 | 4.72 |
| Camarilla | 3.44 | 3.51 | 3.58 | 3.65 | 3.72 | 3.79 | 3.86 |
| Woodie | 2.51 | 2.79 | 3.27 | 3.55 | 4.03 | 4.31 | 4.79 |
| Fibonacci | 2.75 | 3.04 | 3.22 | 3.51 | 3.80 | 3.98 | 4.27 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.96 | 0.96 | 2.15 | 4.07 | 5.26 | 7.18 | 8.37 |
| Camarilla | 2.49 | 2.77 | 3.06 | 3.34 | 3.63 | 3.91 | 4.20 |
| Woodie | -1.33 | 0.78 | 1.79 | 3.89 | 4.90 | 7.00 | 8.01 |
| Fibonacci | 0.96 | 2.15 | 2.88 | 4.07 | 5.26 | 5.99 | 7.18 |
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): | 47.63 | |
| MACD (12,26,9): | -0.1500 | |
| Directional Movement: | -0.84 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 3.30 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.95 | |
| Elder Ray (13): | 0.15 | |
| Super Trend (3,10): | 4.13 | |
| Zig ZAG (10): | 3.57 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 63.79 | |
| TEMA (21): | 3.61 | |
| Williams %R (14): | -35.06 | |
| Chande Momentum Oscillator (20): | 0.18 | |
| Repulse (5,40,3): | 2.6500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.7200 | |
| Courbe Coppock: | 3.67 |
| MA7: | 3.43 | |
| MA20: | 3.46 | |
| MA50: | 3.98 | |
| MA100: | 7.52 | |
| MAexp7: | 3.52 | |
| MAexp20: | 3.55 | |
| MAexp50: | 4.46 | |
| MAexp100: | 6.35 | |
| Price / MA7: | +4.37% | |
| Price / MA20: | +3.47% | |
| Price / MA50: | -10.05% | |
| Price / MA100: | -52.39% | |
| Price / MAexp7: | +1.70% | |
| Price / MAexp20: | +0.85% | |
| Price / MAexp50: | -19.73% | |
| Price / MAexp100: | -43.62% |
Quotes :
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Real time data
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Cryptocompare
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