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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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.