NEAR / TetherUS
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Chart Pattern Analysis Of Near

289
https://www.tradingview.com/x/lCiWF8sL/

K3 close upon K1 and verified a strong bullish hammer candle of K1,
It seems that the short-term downtrend had been reversed by K1.
If K4 close upon the resistance,
It will be a good place to buy it there.

The risk is the potential bearish wedge pattern,
If the following candle close below the lower limit of wedge,
The risk will surely increase.
Nota
syot kilat

K1 and K2 is a strong bearish engulfing pattern,
Both the supply and demand pressure are decreasing.

If the following candles close upon the resistance,
The bull market will keep climbing up to test 10 USDT.

If the following candles close below the support,
A bearish wedge will established here.
The risk will sharply increase.

Long-7.814/Stop-7.668/Target-10
Nota
syot kilat

After the bearish engulfing candle K2,
The supply pressure increased.
It is a second bad signals.

If K4 close below the uptrend line,
The risk will sharply increase.
Dagangan ditutup: hentian tercapai

Penafian

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