$NEAR — SHORT
Entry 4.5385 – 4.5615
SL 4.8572
TP 3.9356
All three timeframes are trending down. The rebound was just rejected right at EMA9.
The 4-hour and 1-day timeframes are both trending down. The 1-hour rebound has almost no momentum, with ADX at just 13.7. $BTC is also moving in the same downward direction, and the short side is earning funding.
If the price has not entered the Entry zone within 4 hours, cancel the order. If neither TP nor SL is hit within 96 hours, close the position.
Personal observation, not investment advice
#BinancePick #TheoDõiFOMC #TinFed
Entry 4.5385 – 4.5615
SL 4.8572
TP 3.9356
All three timeframes are trending down. The rebound was just rejected right at EMA9.
The 4-hour and 1-day timeframes are both trending down. The 1-hour rebound has almost no momentum, with ADX at just 13.7. $BTC is also moving in the same downward direction, and the short side is earning funding.
If the price has not entered the Entry zone within 4 hours, cancel the order. If neither TP nor SL is hit within 96 hours, close the position.
Personal observation, not investment advice
#BinancePick #TheoDõiFOMC #TinFed
