Another Huge Bullish impulse coming soon
Hello Merchants!
This is the 1Day NEARUSDT chart showing the retracement from the most recent pump.
The point B is a replicated resistance level test as the point A. This price action replication should leave price within the $9.7 and $11.4 zone this week.
The Fib retracement levels are clear that price should bounce back in the bullish direction from $9.7 though the chart suggests that it should pick up the next bullish impulse at the $8.8 price level.
Nevertheless, waiting for the right signal is key to trading and validating entry. The right signal for the next bullish impulse is having price hit the strong support at $8.8
Good luck trading
This is the 1Day NEARUSDT chart showing the retracement from the most recent pump.
The point B is a replicated resistance level test as the point A. This price action replication should leave price within the $9.7 and $11.4 zone this week.
The Fib retracement levels are clear that price should bounce back in the bullish direction from $9.7 though the chart suggests that it should pick up the next bullish impulse at the $8.8 price level.
Nevertheless, waiting for the right signal is key to trading and validating entry. The right signal for the next bullish impulse is having price hit the strong support at $8.8
Good luck trading
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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.