Market Update 18/12
Market Update:
By the 31st of December there are chances that we close between $42.000 & $48.000 on BTC because of the expiration on the options. There is a potential divergence in the momentum which means that the sell off is slowing down and we could potentially have a small leg upwards.
On the NEAR/USDT pair we stay bullish long term. The first stop between 0.382 and 0 fibonacci held which means that the trend is staying bullish. After attempting to make a new ATH in the beginning of November the price went down for an entire month.
In the beginning of December we had a great first week and at the moment the price is consolidating. Losing the first stop would mean that we go back to the Reload Zone (between $4 & $6. This is a major opportunity to accumulate some NEAR until we gain a new bullish structure. It doesn’t mean that we are going to go there.
By the 31st of December there are chances that we close between $42.000 & $48.000 on BTC because of the expiration on the options. There is a potential divergence in the momentum which means that the sell off is slowing down and we could potentially have a small leg upwards.
On the NEAR/USDT pair we stay bullish long term. The first stop between 0.382 and 0 fibonacci held which means that the trend is staying bullish. After attempting to make a new ATH in the beginning of November the price went down for an entire month.
In the beginning of December we had a great first week and at the moment the price is consolidating. Losing the first stop would mean that we go back to the Reload Zone (between $4 & $6. This is a major opportunity to accumulate some NEAR until we gain a new bullish structure. It doesn’t mean that we are going to go there.
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.