website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast NEAR Protocol technical chart
Symbol NEARUSD
Trade Setup

#NEARUSDT
Total Profit: 21046 pip (1082%)
Closed trade(s): 14655 pip Profit (753%)
Open trade(s): 6391 pip Profit (329%)

Trade Setup:
We opened 8 BUY trade(s) @ 1.945 based on 'Valley' entry method at 2021.07.23.

Closed Profit:
TP1 @ 2.110 touched at 2021.07.24 with 165 pip Profit (8%).
TP2 @ 2.400 touched at 2021.07.26 with 455 pip Profit (23%).
TP3 @ 2.680 touched at 2021.08.07 with 735 pip Profit (38%).
TP4 @ 3.630 touched at 2021.08.17 with 1685 pip Profit (87%).
TP5 @ 4.480 touched at 2021.08.18 with 2535 pip Profit (130%).
TP6 @ 5.600 touched at 2021.08.21 with 3655 pip Profit (188%).
TP7 @ 7.370 touched at 2021.09.07 with 5425 pip Profit (279%).
165 (8%) + 455 (23%) + 735 (38%) + 1685 (87%) + 2535 (130%) + 3655 (188%) + 5425 (279%) = 14655 pip (753%)

Open Profit:
Profit for one trade is 8.336(current price) - 1.945(open price) = 6391 pip (329%)
1 trade(s) still open, therefore total profit for open trade(s) is 6391 (329%) x 1 = 6391 pip (329%)

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.
  • If the Midterm level 6.370 is broken, we will close open trades.
DateNovember 26, 2021 - 16:34
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 6.370, resumption of uptrend is expected.
  • We make sure when the resistance at 13.210 breaks.
  • If the support at 6.370 is broken, the short-term forecast -resumption of uptrend- will be invalid.
  • We will close our open trades, if the Midterm level 6.370 is broken.

Technical analysis:

  • There is a divergence in RSI and price between the peak at 11.88 on 2021-09-09 and the peak at 13.23 on 2021-10-26, the probability of uptrend continuation is decreased and the probability of beginning the correction wave is increased.
  • The RSI uptrend #1 is broken, so the probability of resumption of uptrend is decreased.
  • A peak is formed in daily chart at 10.320 on 11/24/2021, so more losses to support(s) 8.310, 7.370 and minimum to Major Support (6.370) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 39.

Take Profits:

  1. 2.110
  2. 2.400
  3. 2.680
  4. 3.630
  5. 4.480
  6. 5.600
  7. 7.370
Click on the level to view price action history.
Symbol Released Current Forecast
NEAR Protocol (NEARUSD) new Mon, 22 Apr 2024
NEAR Protocol (NEARUSD) Tue, 16 Apr 2024
NEAR Protocol (NEARUSD) free Wed, 3 Apr 2024
NEAR Protocol (NEARUSD) Fri, 22 Mar 2024
NEAR Protocol (NEARUSD) Mon, 18 Mar 2024
History
Daily-Trading-Opportunities on NEARUSD.