$USDT.D 11/20/2024
Looks like linear dorks are back to defend their trend
I first warned of this trend back in march which ended up sending the market consolidating for 2 quarters
Here we are again but this time with an overall weaker structure and tether dominance fighting the pressure of a massive inverted cup & handle
We need a fat red candle to drill under this trend ASAP!!
$MSTR topped 63 days before $BTC last cycle (April top)
That divergence (lower high for MSTR vs higher high for BTC) into Nov in hindsight was a nice signal for general weakness
Worth paying attention to if we see signs of a blow off top for Saylorcoin
There's more likely than not a new trend in 2025 that doesn't even exist yet. Be patient and let #Bitcoin go as high as it can before the capital rotation starts. This is actually a really healthy cycle. If you left your place in line to go chase memes don't forget to return.
$DOGE - I'm not anti memes. I'm about reminding people how trading works. Sell high, buy low. Tweeted the top last year, and tweeted to buy $.07 in August. People hated the tweets at the top, and ignored the tweets at the bottom.
No need to stress if you are in $ETH. Just have little patience, BTC maxis make you feel like it's always going to underperform- It won't. They also act like ETH has not yet done anything- It has. LTF on support atm as well and HTF looks very much on its way.
Less than 24 hours and we are seeing double digit pullbacks on memes. Memes outperformed all year but you have to realize it's no different than the other trends. We are at the "invisible rock" stage of NFTs with memes right now. Tik Tok becoming more like Tick Tock.
tiktok meta capitulated on new launches now cream rises to top, ai coins rebound hard on tonight’s nvda beat, doge and pepe rally hard and btc breaks 95
There are top signals for #Memes but not for #Bitcoin. You'll notice how insane the conditions became but now you'll notice how hard making money on them will become. 50,000 new coins a day doesn't mean we are just getting started.