Crypto is having a bad month, especially NEAR. As we can see in the NEAR/USDT chart, we have 2 patterns, the first one is Bearish Pennant Pattern (Orange). This pattern is a continuation pattern, which means that since NEAR is very bearish and this pattern was made while NEAR is bearish, NEAR will have a high chance to continue to go down. the target price for Bearish Pennant Pattern in NEAR chart is around $4.4. The second pattern is Descending Triangle Pattern (Green), which is a bearish pattern, I predict that NEAR will create this pattern in 1-2 weeks. The target price for this pattern is around $4.4. Since both pattern give the same target price, I believe sooner or later, NEAR will go to around $4.4. That will conclude my target price:
My target price for this sunday is $5.7
My target price for next month is $4.4
My target price for this sunday is $5.7
My target price for next month is $4.4
Trade active:
Nvm NEAR didn't made the descending triangle pattern but dumped straight instead and following the bearish pennant pattern to around $4.4. We'll see what happen next