DÍ
Díämøñd BTC
@BtcDiam

$NEAR Market Outlook (Daily Timeframe) Are you bullish on $NEAR?? Then you have to see this! $NEAR is currently in a strong bullish momentum which resulted in the breakout of the 2-month $2.100 resistance high. The above confirms that buyers are in control after the Structure shift (MSS) here on the daily timeframe. What is the next step; do you jump in on buys now? The answer is NO! We are bullish yes; but we have to wait for a pullback to discount areas before buying. As illustrated in the chart below, I expect an Internal short term downtrend to start from here which will take us down to the discount zone with my point of interest at the 75% discount area ($1.720) where I will be expecting a reaction to continue the bullish higher timeframe trend. Stay tuned and don't forget to hit that follow button as I will also update on the Internal structure and any possible short term sells before we start buying! Share your thoughts!

2 months ago
1.7K