Updated

NEAR Protocol

NEAR Protocol is a cloud computing layer-one blockchain platform that provides useful features. It seems a big harmonic pattern has ended as price broke the downtrend line. Still, there are two lines that price needs to break upward in order for the uptrend to be confirmed. First is the minor downtrend line and second, and more important, is the horizontal line/area. Let's see what happens.

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It seems NEAR correction phase is finished. Let's see if NEAR can break the major descending triangle pattern for final confirmation or not.

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So, NEAR broke all downtrend lines and went up good. Then, NEAR reached a horizontal resistance area which break through it, but made a pullback on it too. It seems NEAR might need a little more time correction in order to start the next major upward wave. Let's see what happens.

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So, NEAR went up and is approaching the major horizontal resistance area. In order to climb higher, NEAR has to break through this important area. There are going to be correction, pullback and most probably oscillation. Let's see what happens.

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So, NEAR went up and reached the major horizontal resistance area, but couldn't pass it. It seems NEAR is struggling to leave this area, of course, because it is the major area. Let's see when NEAR pass this area.

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So, NEAR couldn't break the major horizontal resistance area and thus went down to gain momentum. It seems the correction is unfolding in a descending channel. Let's see when NEAR breaks this channel upward.

SaeedSalehinia

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SaeedSalehinia