Near is Stuck in a Bearish Trend! Might reach 5$!!

Hello every one

NEAR is In a Bearish trend Right now, you might not Be able to see It in The First look, But if you Take a Closer Look, You can See NEAR was Not able to Break 12$ Resistance Multiple Times (3 Rejections!) if we Draw The Resistance Line and The Dynamic Support on The chart we can come To a Understanding That The Price is in a Broadening Wedge Pattern! This Means The Price can Range For a Lot of Time Before The Break out happens! So now The Price is near The Top of The Said Pattern. There is a (-HD) On MACD which Can be Considered as a Confirmation for The Expected Bearish Movement Up to the Bottom of The Broadening Wedge Pattern. The Expected Price for NEAR for now Is 5$.

Summery:
-NEAR Couldn't Break the 12$ Resistance Multiple Times!
-It is In a Broadening Wedge Pattern.
-(-HD) on MACD
-It can Reach 5$!


🔴This is only an idea and not a financial advise ( NFA )🔴

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Have a nice day and Good luck

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