NEAR has formed a cup along with a handle. The handle has dropped 14.91% and has moved back up, now it must break the rim of the cup to push on.
Target is on the chart of roughly $5.9 area
Target is on the chart of roughly $5.9 area
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Sorry, target is $5.59 not $5.9 as mentioned
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Looking at NEAR. a little more closely, the trendline resistance should be around $2.5788 and starts rejecting and dropping onto the cup baseline, so i've edited my chart a little with a new target of $6.75
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Breakout, enjoy the gains
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I'm still long, took 50% profits already and left the other 50% still running. Stops have been moved up into profit should we dump hard.