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tradepsych
Jan 28, 2024 8:33 PM

NEAR | Converging VWAPS and Trendline | A Big Move Coming? Long

NEAR / US DollarBinance

Description

BINANCE:NEARUSDT BINANCE:NEARUSD

Hit the rocket! ---------------------------------------------------------------------------------------------------------------------------------------------------->>>>>>>>

The oversold line (green) from the most recent high is converging with the overbought line (red) of the most recent relevant low.

This also coincides with the trend line which coincides with the psychological price of $3 so expect the bulls and bears to fight a bit around $3 with the bulls eventually winning.



Crypto is volitile and easily manipulated. Caveat emptor. Playing with colored lines on a chart is Not Financial Advice.

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