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DrDovetail
Feb 28, 2024 12:20 AM

Near Protocol is now on my radar; 2 bullish breakouts in play 

NEAR / US DollarBinance

Description

Been hearing lots of good things about NEAR so finally pulled t up on a chart and I can see in the short term it is currently breaking upwards from a descending channel which looks much more like a bull flag on higher timeframes, as well as an inverse head and shoulder pattern. I have illustrated both measured move targets here on the chart; The purple dotted line representing the bullflag target, and the green dotted line representing the inverse head & shoulders target. * not financial advice*

Comment

Both target hit and then some.
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