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vf_investment
Apr 10, 2024 2:34 PM

NEARUSD in descending triangle Short

COINBASE:NEARUSD1D
Near Protocol / United States DollarCoinbase

Description

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Hi traders,
The price is in a downward trend according to the pattern. When the price reaches the horizontal support line of the triangle, I expect a downfall.

Enter short once the price breaks the support or if we get a bearish retest

Target is shown on the chart

Trade active

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break down. Now bearish retest likely and more downside

Trade closed manually

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reclaimed support. closed
Trend AnalysisHarmonic PatternsChart Patterns
Comments
Muhammad13751375
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oh dear. be careful when going short on Near!
never go against the main stream(weekly superbullish trend).
vf_investment
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@Muhammad13751375, you can check this chart today again
Muhammad13751375
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I'm damned if it hits your target.
vf_investment
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@Muhammad13751375, It's a technical target for this trading pattern. It doesn't have to hit exactly 3,42 $ but may be close
Muhammad13751375
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@vf_investment ok
let's say 4$ ?
if it hits 4$ I'll follow your analyses for the rest of my life.
Muhammad13751375
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i c what you mean by technical analysis but the current sentiment won't let it come true.
davidrmerson
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Getting close to 4 😳
Muhammad13751375
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as i said before, market sentiment is positive and Near would never go under $4.
anyway, thanks for your respectful talk, i really appreciated it.
Nelson204
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Hey, can you update? :) - Możesz zaaktualizowac? Bo chyba z PL :)
Silversays
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Your WAY off homie, this coin is going up, definitely not down.
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