$NEAR - A few key areas to buy/sell.
Long term bullish on this coin for my part. However, all are subject to corrections, near is no different.
I seen a lot of pennant drawings on CT in early Feb, but none of the breakouts really bore fruit.
The way I see it now is all this fuss was a huge flat+ low volume 5th, aimed at trapping as many bullish traders as possible before dipping down for what I predict to be a very deep ZigZag correction well under $2.00.
I do, however, expect a significant B correction to the upside in the neighborhood of .5 fib correction vs A.
This setup could take us well into April with a bounce in the $1.55 area.
I seen a lot of pennant drawings on CT in early Feb, but none of the breakouts really bore fruit.
The way I see it now is all this fuss was a huge flat+ low volume 5th, aimed at trapping as many bullish traders as possible before dipping down for what I predict to be a very deep ZigZag correction well under $2.00.
I do, however, expect a significant B correction to the upside in the neighborhood of .5 fib correction vs A.
This setup could take us well into April with a bounce in the $1.55 area.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.