NEAR JUST GAVE BACK ITS MIDDAY CHARGE AND CLOSED AT 451
Yesterday at midday I called the NEAR charge a bull read if it held 451
Here is the receipt and I am not gonna dress it up
NEAR opened Monday at 460 cents and ran to 467 cents while the tape was still warm from that midday push
Then sellers took every bit of it back and the completed day closed at 451 cents right on the line I named
Overnight the line broke
NEAR slid to 439 cents in the early hours and sits at 442 cents as I write this
That is the kill condition firing in plain sight and the bull read from yesterday is dead on its own terms
Now look at where the big money went on Monday because it explains why no rescue came
Bitcoin funds took in 110 million dollars and every dollar of it went to one fund while Ether funds bled 89 million dollars
Institutions were picky on Monday and they were not buying altcoin charges
My take as an analyst is simple here
A charge that gives back its whole day and then loses its floor overnight is not a dip
It is sellers telling you the bounce is over until buyers prove otherwise
So which team are you on now
Do you buy the slide toward 428 cents or do you wait for a reclaim of 451 cents first
Sellers own this tape until 451 cents is taken back
$NEAR
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #NEAR451Break
Yesterday at midday I called the NEAR charge a bull read if it held 451
Here is the receipt and I am not gonna dress it up
NEAR opened Monday at 460 cents and ran to 467 cents while the tape was still warm from that midday push
Then sellers took every bit of it back and the completed day closed at 451 cents right on the line I named
Overnight the line broke
NEAR slid to 439 cents in the early hours and sits at 442 cents as I write this
That is the kill condition firing in plain sight and the bull read from yesterday is dead on its own terms
Now look at where the big money went on Monday because it explains why no rescue came
Bitcoin funds took in 110 million dollars and every dollar of it went to one fund while Ether funds bled 89 million dollars
Institutions were picky on Monday and they were not buying altcoin charges
My take as an analyst is simple here
A charge that gives back its whole day and then loses its floor overnight is not a dip
It is sellers telling you the bounce is over until buyers prove otherwise
So which team are you on now
Do you buy the slide toward 428 cents or do you wait for a reclaim of 451 cents first
Sellers own this tape until 451 cents is taken back
$NEAR
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #NEAR451Break
