The currency of the corrective movement NEAR protocol
Let's check some points in the chart
1- Double ascending blue channel and the formation of two powerful 5-wave Elliott impulse patterns up to the target of 4.69
2- The start of this powerful movement on October 20, 2023 and the end of the momentum of movement in long and powerful wave 5 on December 26, 2023
3- The start of the correction of this strong movement and entering the red corrective channel and the formation of a strong abc pattern and the completion of the correction in wave c of the graph
4- The price correction is over and breaking the ceiling of the channel indicates a new movement towards the ceiling of 4.69 and retesting this resistance.
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