$NEAR Playbook: if this happens, then that
NEAR is trading around $5.20, up about 4-6% today after bouncing from $4.70. It's up from roughly $1.60 in August, so here's the plan đ
â IF NEAR closes a daily candle above $5.29 on volume
âĄïž THEN the path opens to $5.40-$5.60, then $5.90-$6.00 đ
âł IF price gets rejected at $5.29
âĄïž THEN expect a retest of $4.84 within a few days đŽ
â ïž IF $4.84 breaks
âĄïž THEN watch $4.60, the key support
đ IF NEAR closes below $4.60
âĄïž THEN the setup is invalid and a deeper drop is possible
đ Watch out: NEAR is still far above its long-term trend, and open interest fell about 8% while price rose. Both are warning signs, so don't chase and keep leverage low.
Which one are you betting on, â or âł? Comment below đ
@Ismeidy @CryptoJobs3 @Ihtisham_Ul Haq @Wise Analyze @Anndy Lian @Parrot Bamboo Crypto
NEAR is trading around $5.20, up about 4-6% today after bouncing from $4.70. It's up from roughly $1.60 in August, so here's the plan đ
â IF NEAR closes a daily candle above $5.29 on volume
âĄïž THEN the path opens to $5.40-$5.60, then $5.90-$6.00 đ
âł IF price gets rejected at $5.29
âĄïž THEN expect a retest of $4.84 within a few days đŽ
â ïž IF $4.84 breaks
âĄïž THEN watch $4.60, the key support
đ IF NEAR closes below $4.60
âĄïž THEN the setup is invalid and a deeper drop is possible
đ Watch out: NEAR is still far above its long-term trend, and open interest fell about 8% while price rose. Both are warning signs, so don't chase and keep leverage low.
Which one are you betting on, â or âł? Comment below đ
@Ismeidy @CryptoJobs3 @Ihtisham_Ul Haq @Wise Analyze @Anndy Lian @Parrot Bamboo Crypto