My hypothesis is that it's in a pump tunnel. Just hit major long term resistance and many are taking profits...unfortunately those that are selling now are going to be kicking themselves over the next couple weeks. Their FOMO buying will be the jet fuel for the massive pump incoming.
See snapshot below for larger context-
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Even if I'm wrong and we break support, rest assured that its better to hold this one than try to out smart the whales.
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Very strange movements the past week or two. I'm still long, I think the weaklings that bought solely for the airdrop have been shaken out.
Nice bull flag forming and still PLENTY of time leading up to the airdrop, ETC is just getting started.
I will be however adding a trailing stop loss about a week out and raising it higher and higher as it moons for an anticipated sell off.
NXT sold off very quickly I think 5 days before the actual drop.
So HODL this bad boy up to mars until stop los is triggered to secure fat profits.
Screw getting the free coin. lol