✴️ NEAR Protocol Looks Great | 1,2,3,4 Steps Pattern

23 ביוני 2023

This is a great looking pair and I will explain why... Feel free to boost this post and let's get started!

We have a new low on a long lower wick in June (#4). This was a strong drop and a recovery quickly followed which is always a strong bullish signal.

The current price is already trading above the December 2022 low (#1), marked blue, which is even better when it comes to Technical Analysis.

This is the 1,2,3,4 Steps Pattern we've been seeing all across the Cryptocurrency market.

First, the initial bullish breakout followed by a correction that will either produce a lower or higher low compared to the start of the recovery phase in January.

Regardless of the outcome of the correction, higher or lower low, what follows is a new bullish wave as we can see here as #4.

Short-term moves can be considered noise... Keep the bigger picture in mind, which is long-term sustained growth.

NEAR has lots to give.
We can expect to see new All-Time Highs in early 2025 or late 2024.

Namaste.