Since you last looked
your coinsMoving now
All markets ›Out of their box
since the last readPrice has left the range the coin's last read drew.
Price has left the range the coin's last read drew.
Daily downtrend since Oct 12, falling — the last lower high is 5.453
The setup is bearish while NEAR stays under 6.120: a head and shoulders has completed.
Backing it: on the daily chart, each peak and each dip has been lower than the last and the indicators favour the sellers' side; against it: the weekly chart is up.
Price is under the 50-day average (4.682). It is over the 200-day average (2.609).
The last 5 days are down 3.3%, nearly every high lower than the one before.
Price is 32.3% under 5.453, the last lower high, and 1.9% over 3.620, the trend's low.
The first warning would come earlier: a daily close over 3.906, the old low it broke down from, 5.5% away.
What kills the setup: a daily close over 6.120, 39.7% away.
For it: price is under the average price buyers have paid since the 1.538 low, 3.840, so those buyers are losing money; more trading has happened on down candles than on up ones, so sellers have been the more active side.
Against it: the weekly chart is up.
While NEAR stays under 6.120 the setup stays bearish; 3.620 is the next line it has to break.
A 1D close above 6.120 ends the head and shoulders; no tested level above it on this chart — the next round number is 7.000.
A 1D close below 3.620 carries the downtrend past its last low; the next level down is 3.206.
3.620 is the floor; price went through it once.
5.453 is where sellers keep showing up: it held 3 of 4 visits.
NEAR has been in a downtrend since Oct 12: its lows have stepped down (4.621, then 3.620), and so have its highs (6.028, then 5.453). Price is 1.9% over the trend's low, 3.620 (Nov 7). The last lower high is 5.453 (Oct 21), 32.3% above price; no daily close has gone over it.
The weekly picture: a weekly uptrend, 82% under the all-time high; on the daily, price is above the 200-day average (2.609), and the 50-day average is above the 200-day average. The daily trend runs against the weekly.
Against BTC: over the last 5 daily candles NEAR moved -3.3% and BTC -1.2% — NEAR is the weaker chart.
Sellers have had the daily since Oct 12: each bounce has been sold lower than the last, and no daily close has cleared a lower high. That runs against the weekly chart, which is up.
The rest of the chart backs the downtrend. Price is under the average price buyers have paid since the 1.538 low, 3.840, so those buyers are losing money. More trading has happened on down candles than on up ones, so sellers have been the more active side.
What doesn't fit: The trend is weak — ADX 23, under the 25 where a trend is real, with sellers ahead (−DI 22, +DI 15). These are the cracks in an otherwise intact downtrend.
| Level | Price | From price | Role |
|---|---|---|---|
| Read ceiling | 5.453 | +47.8% | read edge |
| Resistance | 5.440 | +47.4% | sr, swing |
| Order block | 3.942 | +6.8% | order block, fib |
| Prior week low | 3.906 | +5.9% | calendar |
| Fib retracement | 3.869 | +4.9% | fib |
| Swing high | 3.833 | +3.9% | swing |
| Prior day high | 3.779 | +2.4% | calendar, fib |
| Resistance | 3.736 | +1.2% | calendar, sr |
| Support | 3.677 | -0.4% | sr, swing |
New to reading charts? Support and resistance · Market structure · How to read a crypto chart