#NASDAQ420 I @Nasdaq420erc 

every time the NAS touches that HTF demand from december second we see a strong buy back. This shows there are big buyers accumulating and holding the floor.

As with prior buybacks this violent you will see the wick either fill about 50% at around $5.4M cap or the entire wick getting filled. 

Right now we have a double bottom from yesterday's buy back and the december 20th buy back. I could see these two wicks getting completely filled and liquidity taken. Which would take price to about $3.4M CAP. 

This COULD happen, but price can easily also leave these wicks behind - so I wouldn't recommend selling here to buy back lower. 

either way - the next big leg will take us to about $60M cap. It will depend on the majors but on a chart by chart basis I see no reason why we should see $60M and much higher as long as ETH starts breaking out soon. 

I am persistent on the #NASDAQ420 showing strong signs of being the second runner after #SPX6900