aBitLong

Short and Near term TFs looking bullish

Long
aBitLong Updated   
BINANCE:NEARUSD   NEAR
Just a quick one - Green MA is higher than the Energy in these TFs which indicates bullish sentiment.
Looking very bullish in these TFs
Marking Long - will revisit when I get a chance...
Comment:
The Green MA is higher than the Energy in the short term group of TFs. This indicates bullish sentiment. Also while we see the Green MA and Red RSI above 50 we can expect the price action to, for the most part trade between the Aqua/Orange upper BBs with potential to wick up to the Red. In the 12h we saw the Blue LSMA drop down to nearly 50 and turn back up again, as a result we can see the BBs expanding. As they expand the price action is likely to rise quickly while remaining between the Aqua/Orange upper BBs.
We also see the Green MA higher than the Energy in the near term group of TFs (1d. 2d, 3d & 4d) However we have limited data due to the age of the project.
This is not financial advice.
If you got value from this analysis please hit the like button.
Trade safe
aBL

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.