It's very likely that we'll see new highs for $NEAR in Q4. I've been bearish on $NEAR in the short-term, after it's massive run towards $5+ that it has seen. Now that we've very…
Original source excerpt
It's very likely that we'll see new highs for $NEAR in Q4. I've been bearish on $NEAR in the short-term, after it's massive run towards $5+ that it has seen. Now that we've very likely concluded the…
It's very likely that we'll see new highs for $NEAR in Q4. I've been bearish on $NEAR in the short-term, after it's massive run towards $5+ that it has seen. Now that we've very likely concluded the correction, it's very likely that we'll start to see more momentum coming in. The reason for this is very simple: ➡️ Losing the range took place during the Binance hack and accelerated into price action all the way towards the next level ($3.90, which we've marked earlier). ➡️ You're looking at response at that price level. This was strong, a ton of volume came in. ➡️ After that, $4.20 flipped as support and now it's trying to flip back into the range that it was acting in prior. There are no 100% arguments of the reversal, just yet, but it's on the horizon. We're looking at a clear breakout above $4.60 and then we're of towards new highs. If there's a dip taking place (which could happen, but no to new lows, as this weekly is incredibly strong), I would be betting it. A flip of $4.60 I'd also be interested.
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