NEAR has formed a cup along with a handle. The handle has dropped 14.91% and has moved back up, now it must break the rim of the cup to push on.
Target is on the chart of roughly $5.9 area
Target is on the chart of roughly $5.9 area
Note
Sorry, target is $5.59 not $5.9 as mentionedNote
Looking at NEAR. a little more closely, the trendline resistance should be around $2.5788 and starts rejecting and dropping onto the cup baseline, so i've edited my chart a little with a new target of $6.75Note
Breakout, enjoy the gainsNote
I'm still long, took 50% profits already and left the other 50% still running. Stops have been moved up into profit should we dump hard.
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.
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.