NEAR: Michaël van de Poppe Opens Fresh Long Daytrade
NEAR at $2.4 draws new long from Michaël van de Poppe targeting €2.40 after low sweep, with monthly rhythm pointing to weekend bottom.
SourceAnalysis
Michaël van de Poppe trimmed most of an earlier NEAR daytrade at €2.25 before opening a smaller long position on compression and a sweep of lows, expecting the monthly pattern of weekend bottoms to deliver upside into early June.
Price sits at $2.4 above the EMA50 support at $2.36 inside the Bollinger band, where the neutral RSI at 46.98 and MACD death cross together flag limited momentum until a decisive push tests upper resistance at $2.63.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast