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$NEAR, easy invalidation on an asset with relative strength
NEAR / TetherUS
Long
$NEAR, easy invalidation on an asset with relative strength
By Enigma_Fund
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Mar 11, 2022
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Mar 11, 2022
Your job as a trader is to find assets with RELATIVE STRENGTH to this downward trend (if you're long).
NEAR
fits that description, for a simple reason: It's at support on the OBV, right above the daily MA200 and the MA200 is pointing up.
This means that not only is the asset still bullish, it also has a significant edge in your favor: EASY INVALIDATION OF A CLOSE BELOW THE MA200.
Thought to find these opportunities in this market. This is a gift. Enjoy!
Bullish Patterns
Chart Patterns
crypto
LONG
ma200
NEAR
On Balance Volume (OBV)
trading
Trend Analysis
Enigma_Fund
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