NEAR PROTOCOL $NEAR CALLING THE TOP HERE. NFA. DYOR

12 Jan 2022

Sharing my thoughts on NEAR comparing charts with Wyckoff Distribution. Final target is 5.5 USD. While RSI is bearish. Overbought on all technical indicators.

13 Jan 2022

Trade aktif

Lost the support from previous high 17.95! it will come back to retest and hopefully get rejected according to Wyckoff Distribution model.

13 Jan 2022

Catatan

Forgot to post this NEAR/BTC which was at resistance making a new high.

13 Jan 2022

Trade aktif

Here is Wyckoff Distribution Schematic 1 for better understanding.
miro.medium.com/max/1400/1*5R-JCgN8nbNsKv8No6B-sw.png

13 Jan 2022

Trading ditutup: stop tercapai

If this is a fake out above the ascending broadening wedge and it fall back into the channel, i will post a short. But I got no clue here. Also, I wouldn't long here at all.

14 Jan 2022

Trade aktif

NEAR fake out successful above ascending wedge which is technically bearish.
It fell back to wedge again failing the retest. Lost trend for now. I will short at retest. Just a game whales like to play "Liquidate shorts and Liquidate Longs" or vice versa.