NEAR PROTOCOL SHORT TERM ANALYSIS
Updated
NEAR has been one the strongest alt coins in the entire cryptocurrency market over the last few weeks/months. With that being said, everything that goes up must go down, unfortunately. NEAR has bearish divergences on almost every time frame, and is way too overextended on the weekly and monthly timeframes. I am expecting a top at around $20.5 to 21 USD, where I will be entering a SHORT position with an approximate target of around $13.7. I expect this trade to take around 5-10 days to play out. I believe BTC will dump to mid 30K levels this week, which will be the catalyst for this projected dump.
Safe trading!
ENTRY: $20.5 (50%) , $21 (50%)
EXIT: $14
Safe trading!
ENTRY: $20.5 (50%) , $21 (50%)
EXIT: $14
Trade active
ANOTHER BEAUTIFUL TRADE, ABOUT TO HIT THE TARGET!Trade closed: target reached
TRADE CLOSED @ $14
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