$NEAR Note the MA20 level on the weekly candle chart, 2.9.
Historically, price tends to retrace to this area.
Currently, $NEAR this confirms a downtrend on the smaller timeframes, 1H and 4H.
Overall, the larger trend is still up; we should just call this a correction.
Calling it a downtrend is a bit much.
Historically, price tends to retrace to this area.
Currently, $NEAR this confirms a downtrend on the smaller timeframes, 1H and 4H.
Overall, the larger trend is still up; we should just call this a correction.
Calling it a downtrend is a bit much.
