$NEAR 5,12.
Touch 5,58 at 5:00 this morning, then pull back to 5,1. The 4H chart is still in an uptrend, it’s just pausing; the 4H RSI is still above 40. But the 30m and 1H timeframes have weakened quite a lot—RSI on the 30m is already below 40.
The long-exit indicator was around 5,4 this morning; now it’s standing aside waiting for the timeframes to align again. The most recent 30m candles have been moving sideways around 5,1 despite the low RSI; we haven’t seen strong sell pressure yet.
Bitwise’s NEAR ETF is expected to start trading from tomorrow, 29/9. The news arrives right when the chart is pausing.
5,0 — is it holding, or breaking through here, guys?
$BTC pulled back to 82,9k, near the 82,2k level. Where alts go will still depend on BTC.
Personal observation only, not investment advice. Risk is 1%; there’s always a stop point.
#NEAR #NEARProtocol $NEAR $BTC
Touch 5,58 at 5:00 this morning, then pull back to 5,1. The 4H chart is still in an uptrend, it’s just pausing; the 4H RSI is still above 40. But the 30m and 1H timeframes have weakened quite a lot—RSI on the 30m is already below 40.
The long-exit indicator was around 5,4 this morning; now it’s standing aside waiting for the timeframes to align again. The most recent 30m candles have been moving sideways around 5,1 despite the low RSI; we haven’t seen strong sell pressure yet.
Bitwise’s NEAR ETF is expected to start trading from tomorrow, 29/9. The news arrives right when the chart is pausing.
5,0 — is it holding, or breaking through here, guys?
$BTC pulled back to 82,9k, near the 82,2k level. Where alts go will still depend on BTC.
Personal observation only, not investment advice. Risk is 1%; there’s always a stop point.
#NEAR #NEARProtocol $NEAR $BTC
