Chart Pattern Analysis Of Near.
K2 and K3 is a bullish engulfing pattern,
And the decreasing supply pressure verified a potential uptrend here.
If K4 close upon the neck line under increasing volume,
It will be a good place to buy it there.
But, it is not safe to buy it at K3 immediately,
The increasing volume of K3 means the supply pressure still at high level.
K1 to K3 is a strong bullish morning star under increasing volume.
It is a good signal that the short-term downtrend had been reversed here.
But it must be verified by the following candles.
The bullish momentum must keep strong and the demand should not decrease.
The neck line is a potential good place to buy it there if the following candles successfully test it.