🔥 NEAR On Perfect Reversal Point: Bull Or Bear?
A while ago I made an analysis on NEAR and the bullish channel pattern it was trading in. Back then, I expected more bearish price action towards the channel's support area.
As of a few days, we're trading right on top of said support area. In a more bullish market, I'd wager that we'd likely see a bullish reversal from this point onward. However, I think that in the end NEAR will fall through the support anyhow. Bearish long-term target at $3,5.
Most likely scenario for now is that NEAR will see some (bullish) consolidation for the coming days. It's not going to see a new ATH soon, but $8 should be possible. Be careful since it will likely be a dead cat bounce.
As of a few days, we're trading right on top of said support area. In a more bullish market, I'd wager that we'd likely see a bullish reversal from this point onward. However, I think that in the end NEAR will fall through the support anyhow. Bearish long-term target at $3,5.
Most likely scenario for now is that NEAR will see some (bullish) consolidation for the coming days. It's not going to see a new ATH soon, but $8 should be possible. Be careful since it will likely be a dead cat bounce.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.