Chart Pattern Analysis Of Near/BTC

K1 is a bullish up engulfing pattern,
But it is not strong enough to start a new bull run.
K2 failed to close upon the previous high price.
It seems that K3 and K4 will test the potential support under low volume.
If that is a fact,
It will be a first potential good place to buy in.

If the following candles(Perhaps at K5 or K6) breaking up the downtrend line,
It will be a second good place to buy there.

تعليق:

It seems that another bull run had started earlier,
And the following candles will likely break up the bullish triangle pattern here.
But, K4 still failed to close upon 7.53USDT or the resistance under relatively increased volume.

It is likely that the following candles will consolidate here for days,
And then choose to break up or break down.

If K3 close upon 7.53USDT or K4 close upon 8.1USDT,
It will be potential bullish signals.

If the following candles consolidate here near the resistance,
I will try to find opportunities to buy in.

Buy-8.1/Stop-7.65/Target-50

تعليق:

It is likely that the following candles will consolidate here for days,
If the following candles consolidate here near the resistance,
Or,close upon the resistance,
I will try to find opportunities to buy in.

Buy-1325/Stop-1260

تعليق:

Near/BTC or Near/USDT is trying to breaking up a triangle pattern,
If K3 finally close upon the resistance or K1,
I will try to join in.

أغلقت الصفقة: تم الوصول لوقف الخسارة:

I was trying to buy it days ago,
But the bearish hang-man pattern of K1 and engulfing pattern K2 destroyed my expectations.
I have to stop loss here.
And try to wait for other opportunities to buy in.

If K3 drop to test the uptrend line,
I will try to buy it there.

Sell-7.04/Stop-7.19/Target-5.8