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jlouvierobv
Sep 21, 2022 2:52 AM

Will FED be #NEAR sighted and whack NEAR COIN? ⚔️ Short

NEAR / US DollarBinance

Description

NEAR/USD -12HR

Head and Shoulders pattern forming.

If the neckline is broken and confirmed, a measured target would be in the mid to low $2 range

Fed meeting tomorrow could be the catalyst to invalidate the pattern or cause the break down. 👀

Short on confirmation, neutral until then.

Comment

Sorry for the delay in updates. Its Go time baby!

Trade active

With a close and confirmation above 3.08 I will manually close this trade out and lock in profits.

Comment

Well, NEAR absolutely over delivered. Congrats if you rode it past the target.

Comments
CryptoCrewUniversity
Looking like a textbook head and shoulders, be interesting to see how this plays out. There is also strong support at $3.25 with a recent low at $2.65 should that fail then the next level of critical support is at $1.75.
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