NEAR | Just broke 200MA after one year!
#NEAR/USDT
- NEAR broke 200MA after for the first time since May 2022 and that is a very positive signal.
- Also we have a higher low and a higher high for the first time since some weeks.
- we are forming Wave C of ABC Elliot correction wave.
- Wave C is typically at least as large as wave A and often extends to 1.618 times wave A or beyond.
🟢Entry price: from now at 2.313 to 2.116
🎯Targets:
|> 2.66
|> 3.224
|> 3.75
🔴Stop-loss: Daily candle closes under 1.95
➡️Recommended risk: 0.25%
➡️Recommended total Positions Size: 3.1%
- NEAR broke 200MA after for the first time since May 2022 and that is a very positive signal.
- Also we have a higher low and a higher high for the first time since some weeks.
- we are forming Wave C of ABC Elliot correction wave.
- Wave C is typically at least as large as wave A and often extends to 1.618 times wave A or beyond.
🟢Entry price: from now at 2.313 to 2.116
🎯Targets:
|> 2.66
|> 3.224
|> 3.75
🔴Stop-loss: Daily candle closes under 1.95
➡️Recommended risk: 0.25%
➡️Recommended total Positions Size: 3.1%
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