Marker Update 25/11
Market Update:
BTC is still in his range on the daily timeframe between $60.000 and $55.600. As long as we don’t have a resolution downwards or upwards we will stay in this range. As discussed earlier this week this could change on Friday when options will expire and we could get out of the range on Friday.
Yesterday NEAR attempted to break his range at $9.89 but got rejected and is now sitting at $9.29 at the time of writing. There was no real volume today so the price didn’t move as much. Depending on what happens to BTC we’ll see the price move and get new volume.
On the NEAR/BTC pair we are in the danger zone battling on the first stop (0.382 fibonacci level). Working on this level is not too bad because holding this level showcases strenght and it means that we will have a stronger NEAR against BTC.
BTC is still in his range on the daily timeframe between $60.000 and $55.600. As long as we don’t have a resolution downwards or upwards we will stay in this range. As discussed earlier this week this could change on Friday when options will expire and we could get out of the range on Friday.
Yesterday NEAR attempted to break his range at $9.89 but got rejected and is now sitting at $9.29 at the time of writing. There was no real volume today so the price didn’t move as much. Depending on what happens to BTC we’ll see the price move and get new volume.
On the NEAR/BTC pair we are in the danger zone battling on the first stop (0.382 fibonacci level). Working on this level is not too bad because holding this level showcases strenght and it means that we will have a stronger NEAR against BTC.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.