$NEAR short-sell
ADX is now 44; exceeding 25 means the trend is strong—it's not just choppy, indecisive consolidation. -DI 14 is pressing over +DI 15, with the bears dominating. In this kind of market, you just go with the flow.
The basis is now -0.002165; the futures price is still lower than the spot price, and the market is rushing to go short. A negative basis indicates bearish sentiment is strong—following this momentum is not an issue.
Supertrend is still below the price (4.9320) holding it up, but this candlestick has already fallen close to the trend line. The Supertrend is about to flip to bearish; going short now is taking the move just before the reversal.
Entry: 4.9123-4.9804
Take Profit 1: 4.7353
Take Profit 2: 4.6990
Stop Loss: 5.0205
🔴 Click here to place an order 👉👉👉 $NEAR
ADX is now 44; exceeding 25 means the trend is strong—it's not just choppy, indecisive consolidation. -DI 14 is pressing over +DI 15, with the bears dominating. In this kind of market, you just go with the flow.
The basis is now -0.002165; the futures price is still lower than the spot price, and the market is rushing to go short. A negative basis indicates bearish sentiment is strong—following this momentum is not an issue.
Supertrend is still below the price (4.9320) holding it up, but this candlestick has already fallen close to the trend line. The Supertrend is about to flip to bearish; going short now is taking the move just before the reversal.
Entry: 4.9123-4.9804
Take Profit 1: 4.7353
Take Profit 2: 4.6990
Stop Loss: 5.0205
🔴 Click here to place an order 👉👉👉 $NEAR
