NEARUSD next two weeks will be very important , because 1_next week we will ends monthly candle 2_ BTC has 3 week of green and 6 consecutive daily green which means it's very overbought and chance of seeing a correction for the next week is a lot , for a sustained uptrend we dont want to see BTC going bellow 90k or preferebly 93.5k, any drop more than that means we will have another big leg down and this is just a big fakeout
NEARUSD There is some sort of accumulation happening at this prices ( V shape recoveries with large green volume and also lots of consecutive 4h green and some sort of obvious reverse head and shoulder) but as long it doesnt break 4h downtrend it's still very risky to buy , best scenario to buy is that it first break 4h downtrend then comeback to retest lows , I wont buy if it doesnt repeat my drawing
NEARUSD As I said the uptrend wont hold the price anymore I sold everyhing when it hited that trend line at 2.8 , right now we have another lower high , I guess it will reach 2.2 atleast but after that, it is not very obvious if it goes bellow 2.1 and make another lower low then we will prpobably drop another 10-20 percent or even more to 1.7-1.8 area , this drops are crazy and make you wonder what will happen to crypto if S&P crash 50-60% like 2008 !
NEARUSD This is actually very simple setup , I dont think it's possible to bounce from white trend line anymore this move is already exhausted , for keep going up it needs to go above 3.5 and make it strong support before hitting the white trendline again , so idea is that if price retrace back to 2.8 it will prbably go much lower unless it keep the parabolic move until 3.5 , so I move stop loss for my longs from 2.7 to 2.75 and will keep moving it up with the trendline . also I might stop writing in tradingview for good it's like a ghost town with bunch of clueless scammers with nonsense chatgpt generated useless advices , I use it as trading journal and being public is more fun but the thing is with no feedback and toxic community it's actually becoming frustrating and kill the fun out of it
NEARUSD still holding longs and just moved stoploss to 2.7 , seems its back in previous range the main area to watch is 3.1 where monthly candle opens and 3.2 previous lower high, overall it seems another sort of market manipulation they are pushing the price in low volume hours to liquidate people that are shorting with basic reasoning that the monthly candle would stay in red . if it passes 3.1 like this I will sell the rest and will look for a sell opportunity , a sustained uptrend need geniune buying pressure not pump like this on low volume asian hours
NEARUSD 25% in 3 days nice, closing half of my longs above previous lower high , and moving stoploss in small profit for the other half in case it keeps going up
NEARUSD next two weeks will be very important , because 1_next week we will ends monthly candle 2_ BTC has 3 week of green and 6 consecutive daily green which means it's very overbought and chance of seeing a correction for the next week is a lot , for a sustained uptrend we dont want to see BTC going bellow 90k or preferebly 93.5k, any drop more than that means we will have another big leg down and this is just a big fakeout
