Hello Traders!
NEAR price is exiting a short consolidation in the $9.89 - $11.59 range testing the MA100 on the daily timeframe.
We can consider short-term purchases in the $9.89 - $11.59 range
For such a trade, it is better to use a short stop loss, which can be placed under the price level of $9.89
Take targets are the following price levels:
$16,40
$17,88
$20,16
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
NEAR price is exiting a short consolidation in the $9.89 - $11.59 range testing the MA100 on the daily timeframe.
We can consider short-term purchases in the $9.89 - $11.59 range
For such a trade, it is better to use a short stop loss, which can be placed under the price level of $9.89
Take targets are the following price levels:
$16,40
$17,88
$20,16
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
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.