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

١٢ يناير ٢٠٢٢

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.

١٣ يناير ٢٠٢٢

تم فتح الصفقة

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

١٣ يناير ٢٠٢٢

ملاحظة

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

١٣ يناير ٢٠٢٢

تم فتح الصفقة

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

١٣ يناير ٢٠٢٢

أغلقت الصفقة: تم الوصول لوقف الخسارة

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.

١٤ يناير ٢٠٢٢

تم فتح الصفقة

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.