NEAR LOST 451 OVERNIGHT AND 445 IS NOW THE LINE
Today has a real deadline and NEAR walks into it already wounded
Bitcoin slipped under 80000 dollars overnight to 79710 dollars and then climbed back to 80373 dollars as I write this
NEAR survived Fed night on the completed day and closed Wednesday at 473 cents above the 451 cents line I gave buyers yesterday
Overnight it fell from 474 cents to 440 cents and it sits at 449 cents as I write this
That is a break of the line in the night session even though the daily close has not printed yet
Here is the map and it stays dead simple
A push back above 451 cents tells me the overnight drop was a shakeout and buyers are still in charge of the line
A daily close under 451 cents tells me bears retook the line and the reclaim from Tuesday is dead
I am not guessing what the print does because that is not how this setup works
The GDP and PCE numbers land at 330 PM Cairo today and the levels above decide what the reaction means
My take as an analyst is that NEAR has no room left to drift
It either takes 451 cents back before the day ends or it admits the overnight sellers were right
Team shakeout says the 440 cents low was the flush and 451 cents comes back fast
Team retake says the line is gone and the next stop is lower
Pick a camp before the print and defend it in the comments
$NEAR
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #NEAR451Test
Today has a real deadline and NEAR walks into it already wounded
Bitcoin slipped under 80000 dollars overnight to 79710 dollars and then climbed back to 80373 dollars as I write this
NEAR survived Fed night on the completed day and closed Wednesday at 473 cents above the 451 cents line I gave buyers yesterday
Overnight it fell from 474 cents to 440 cents and it sits at 449 cents as I write this
That is a break of the line in the night session even though the daily close has not printed yet
Here is the map and it stays dead simple
A push back above 451 cents tells me the overnight drop was a shakeout and buyers are still in charge of the line
A daily close under 451 cents tells me bears retook the line and the reclaim from Tuesday is dead
I am not guessing what the print does because that is not how this setup works
The GDP and PCE numbers land at 330 PM Cairo today and the levels above decide what the reaction means
My take as an analyst is that NEAR has no room left to drift
It either takes 451 cents back before the day ends or it admits the overnight sellers were right
Team shakeout says the 440 cents low was the flush and 451 cents comes back fast
Team retake says the line is gone and the next stop is lower
Pick a camp before the print and defend it in the comments
$NEAR
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #NEAR451Test
