Rektking

Near Price prediction on Weekly Chart

BINANCE:NEARUSDT   NEAR / TetherUS
1. Very clear 7.24 was our big weekly support that has been broken with a strong bearish closing under it so high chances we could test lower major level.
2. Currently we are sitting at 1.272 fib extension and I am expecting a rally towards 7.246 (Weekly resistance) and a roll over from it towards all the way down to 3.76 (1.618 fib extension).
We are due for a relief rally considering how bearish the sentiments are and also being too oversold on Daily TF.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.