Apollo_CB

Near fights for support

Long
Apollo_CB Updated   
BINANCE:NEARUSD   NEAR
NEAR after breaking out of the key monthly resistance has been riding the trend line down which is fine. I believe this is a false breakout and we need a lot more bullish posturing to push the price up here. I added a blue line of contraction and support, this could be one of the wedges I like to trade considering the candle bodies keep starting at the same price point. I added a rectangle to highlight the contraction of price. These types of setups like to explode upward from my experience, hopefully we can get off this trend line and hold > 3.75
Comment:
Markets decided to die, I wouldnt lever anything right now that isnt super undervalued

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