Near long trading botNear broke resistance which is arround USD 5.70
Now trading at usd 6.29.
I have one trading bot running between 2.516 and 7.548 (50grids) for 150 days and finally in profit of 33%, after entering at 4.75
Nice support lies at 3,47
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WHAT IS NEAR Protocol?
NEAR Protocol is a layer-one blockchain that was
designed as a community-run cloud computing
platform and that eliminates some of the
limitations that have been bogging competing
blockchains, such as low transaction speeds, low
throughput and poor interoperability. This provides
the ideal environment for DApps and creates a
developer and user-friendly platform.
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Near protocol: rank 26. Circulating supply 90%.
All time high 16-1-2022 USD 20.40
If near will touch ATH again, with the current supply that would mean that the marketcap is almost double than on 16-1-2022. (correct me if I am wrong) That would be huge,
and maybe not possible.
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I want to change the parameters of the bot.
A.I. sugestion is: 3,50 - 6,74 (35 grids)
for a grid profit 1.38% - 2.63%
If I change at current price the bot wil buy +/- 25% of the total investment at market price.
So what I will do: I set an alarm at usd 5.71 to see if that turns in to support. And upon breaking 5.85 I will change the parameters. For a 7% lower entry price.
At that point I will check if the A.I. sugested parameters are still the same. And I may use my own settings which are between 4.35 and 7.55 usd (35 grids)
Cheers