ferulianov

NEARBTC

Long
ferulianov Updated   
BINANCE:NEARBTC   NEAR / Bitcoin
NEARBTC made a test breakout of the bearish channel at 0.00009660 , it now needs to confirm a candlestick above that Bearish Trend Line that is trapping it.
A token with spectacular fundamentals, it suffered a lot with the despeg and shutdown of the USN, its stablecoin, but I believe in its recovery when the markets return.
Keeping your position itself is worth the hold
Trade active:
NEARBTC has strongly broken out of the bearish channel, reversing the trend. Its major support is now at 0.00011797. NEAR has not changed anything fundamentally, it was just shaken by the market crash that swept the market in 2022. This year confirming BTC's upward trend, it should return to its level.

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