Analyst Predicts Rally For NEAR, Says ONE Chart Looks Very Similar To AVAX
According to a popular crypto analyst and trader, known as Cantering Clark, Ethereum competitor NEAR Protocol (NEAR) looks ready for a leg up. He also says that Harmony’s (ONE) market structure looks very similar to Avalanche (AVAX) before it exploded last year.
Near (NEAR)
Cantering Clark shared with his 99,100 Twitter followers that NEAR Protocol, a developer-focused blockchain designed for scalability and stability, looks ready to push through its immediate resistance and spark a rally.
“Retest of prior range and ATH (all-time high).
Inside value of prior weekly trend and holding weekly + daily vwaps (volume-weighted average price).
IMO (in my opinion), the last thing for NEAR to do is break this descending diagonal resistance and current week VAH (volume area high) and the next big move happens fast.
Bullish.”
Retest of prior range and ATH✔️
Inside value of prior weekly trend and holding weekly + daily vwaps✔️
IMO Last thing for $NEAR to do is break this descending diag and current week VAH and the next big move happens fast.
Cantering Clark is also looking into Harmony (ONE), a blockchain focused on powering a decentralized economy. ONE’s market structure looks very similar to Avalanche’s price action before it exploded nearly 140% from $59 to $140, according to the analyst.
“I knew this ONE retest reminded me of a prior similar structure. In this case, it was AVAX. Loss and recovery of prior weekly contextual level, quarterly vwap, and 20d ma (20-day moving average). Adding.”
I knew this $ONE retest reminded me of a prior similar structure, in this case it was $AVAX
Loss and recovery of prior weekly contextual level, quarterly vwap, and 20d ma.
