Just an hr our 3 left before Nears next $5.25 breakout.
Just an hr our 3 left before Nears $5.25 breakout. Alot of shorts piled on because of btc 's drop. The sqeeze should be much nicer this time thanks to all the shorts. Not much time left to buy in low on such a great coin.
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We definitly got alot more shorters than expected. The short bot is gone now too. Alot of alts are running. Near is taking longer from all the bears looking for a place to hunker down. Near will not disapoint, A short squeeze will happen, just give it some more time. Accumulate.
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Short bot came back lol. Its ok, it'll run out of coins eventually, then we move up. Seen it happen many times. Looks like this reversal will take a little more time. Maybe in the middle of the night.
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So it looks like it probably wasnt just short bot. BTC broke up, near had a tripple bottom and should have broken up words, but major selling happened and pulled us down to $3.92. We only went down 5% considering we went up 280% bears got their day. I decided not to sell and keep holding, the shorts have to cover eventually and the whale that is dumping wont be dumping forever. Once i realized that the dumping ignored all chart patterns even when it was extremly bullish i decided to cancel my stop loss.
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Looks liike Near stopped following chart patteerns when it took a dump and followed btc exactly. It just dumped more than btc and rose a little when btc did. Shorts obviously piled on because of the big run we had. It looks like its time to follow btc to find out nears trajectory. Kinda sad to see, I prefer coins that dont just follow btc so this will push retail out in the long run.
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Ok bear channel broken on the 15m, soon the hourly. We are now heading back up.