Near Protocol is pulling back and is likely to bounce on 200MA support then probably breaking out of the wedge.
This network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, more information on near.org
Current Price= 7.429
Buy Entry = 7.405 - 6.871
Take Profit= 8.808 | 10.706 | 12.847
Stop Loss= 5.797
Risk/Reward= 1:1.25 | 1:2.66 | 1:4.26
Expected Profit= +23.40% | +49.99% | +79.98%
Possible Loss= -18.79%
Fib. Retracement= 0.786 | 1.414 | 2
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
This network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, more information on near.org
Current Price= 7.429
Buy Entry = 7.405 - 6.871
Take Profit= 8.808 | 10.706 | 12.847
Stop Loss= 5.797
Risk/Reward= 1:1.25 | 1:2.66 | 1:4.26
Expected Profit= +23.40% | +49.99% | +79.98%
Possible Loss= -18.79%
Fib. Retracement= 0.786 | 1.414 | 2
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Trade active:
All entries filled
Near Protocol lost 200MA but TL is holding so far, also 100EMA on 12h chart, we still believe it's a good place for a bounce.
Near Protocol lost 200MA but TL is holding so far, also 100EMA on 12h chart, we still believe it's a good place for a bounce.
Trade closed: target reached:
TP1 reached with +23.40% (1x) and +1.25R
Near Protocol took its time to regain 200MA support and finally break out of the wedge.
Bulish continuation is likely, SL adjusted to lowest entry anyway (6.871$)
Near Protocol took its time to regain 200MA support and finally break out of the wedge.
Bulish continuation is likely, SL adjusted to lowest entry anyway (6.871$)
Trade closed: target reached:
TP2 reached with +49.99% (1x) and +2.66R
Near Protocol is pushing higher according to the plan, great profit so far with up to +64.74%!
Road to last target now, SL updated to first entry (7.405$) so we can't lose anymore.
Near Protocol is pushing higher according to the plan, great profit so far with up to +64.74%!
Road to last target now, SL updated to first entry (7.405$) so we can't lose anymore.
Trade closed: target reached:
TP3 reached with +79.98% (1x) and +4.26R 🎯
Near Protocol achieving all targets as well, what a winning streak, trade is closed now.
Near Protocol achieving all targets as well, what a winning streak, trade is closed now.
Near Protocol faked-out bullish last week but this time it seems for real, we are manually adding to the position here!