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

2022年1月12日

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.

2022年1月13日

交易進行

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

2022年1月13日

註釋

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

2022年1月13日

交易進行

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

2022年1月13日

交易結束：達到停損點

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.

2022年1月14日

交易進行

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.