evasivesteering

Short NEAR (update)

Short
BINANCE:NEARUSDT   NEAR / TetherUS
I would like update the prediction done for NEAR on 11th May.

NEAR lost its wickless weekly trendline on that day (see the below snapshot). It is one of the last L1 coins that could not hold this strong support.
Retest of trendline seems to be rejected. I think the it will go down to see the next wickless weekly trendline in one or two weeks.

Comment:
Reference short setup if you're interested.
Entry: from here upto $7.5
SL: $8.4 (the next daily support)
TP: $6 - $5.28 - $4.66 - $4 - $2.9

Risk management is under your control & this is not a financial advice.
Comment:
NEAR is going down as planned.
TP 1 ($6) is done.
Comment:
TP 2 is done.
It took a bit long because BTC has been ranging in a narrow canvas box 28060-30800.
Comment:
TP 3 is done.
BTC seems losing it major support at $29000. Altcoins are falling faster.
Comment:
TP 4 is done.

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