NEAR retesting trendline
NEAR has formed a Bump and Run Reversal (BARR) Bottom pattern.
It is retesting the trendline. If successful, the potential target would be the MA 200D (quite close to the november 2022's level).
It is retesting the trendline. If successful, the potential target would be the MA 200D (quite close to the november 2022's level).
Note
In my opinion, trade is active here with SL is the level of 18th Jan ($1.9)Note
NEAR gained ~ 20% since entry on 20 Jan (at $2.2)Final target for this trade is still the MA 200D (around $3)
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.