Near reveresed on the 2H. Next stop $4.6, $5.25, then $6.11

Bear channel is finished. Time to move up!

2H confirmed direction change, Next stop $4.6, $5.25, then $6.11.

Kommentar:

Its offical, someone with big money is shorting the crap out it of. 2H bull reversal and they short it back down into the bear channel. The squeeze will be big when it happens. I'll hold and leave my sell at $6.11.

Kommentar:

There was definitly a bear who is attacking he shorted, got caught in a cover situation, then re-shorted. Saw it first hand, someone has $$ that hates near...

Anyways, it appears to have bottomed. Its hit the same spot 5 times. Thats a strong bottom.

s3.tradingview.com/s...shots/j/JeQJEmpg.png

Kommentar:

near follows btc so im not suprised this failed again. Always keep your stop losses set just encase this happens. We should see a rebound, but again keep those stop losses set.