Long

✳️ Near Protocol Rounded & Inverted Triangle Bottom (380%+)

Aktualisiert
This is rich because both patterns that I've been explaining in a previous trade idea, are present here, which works awesome for learning.

The next Cryptocurrency project is named Near Protocol—one of the big ones—truly famous, popular and known.

➖ In 2021, NEARBTC produced the rounded bottom pattern before moving into a massive bull-market.

➖ In 2023, NEARBTC produced the inverted triangle bottom pattern instead... Notice how as soon as this pattern shows up, the bulls take control of the chart.

There was a retrace currently but this doesn't matter because the low has been established in October 2023; and we can expect to see long-term higher highs and higher lows... And up we go.

The targets can be found on the chart.

Easy to win.
Easy to trade.
Easy in every possible way.

Experience or no experience, big capital or small... The best strategy at this point to me would be called simply; Buy and hold.

Namaste.
Anmerkung
We have a very strong bullish breakout and continuation (higher low); the meat of the move is still missing. Additional growth possible.
Chart PatternsTechnical IndicatorsTrend Analysis

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