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CRYPTO MECHANIC
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Most of the Altcoins are looking much weaker against
BTC
.
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Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado.
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#Solana meme coin DOKY picking up some nice volume at the key level of support. Slowly grinding up and I think it will eventually go for a new all time high soon. The chart looks promising , Sitting at only $1.4M marketcap. The potential is huge if it starts taking off as they got some funny videos and Gifs. once it goes viral it can capture a good marketcap in my opinion.
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Would you be okay if $BTC does this?
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This can be another reason why most of the Altcoins aren't moving/Not getting volume because most of the traders have shifted their interest from these Altcoins to memecoins. It's always about going where the money is going and there is no doubt memecoins are trading more volume than Altcoins promising to have good fundamental reasons and great teams.
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$FET down 50% from the area where i exited my long term position on it. I still remember comments under my posts people telling me i am making big mistake because this merge is big and it will go much higher. ofcourse there was a chance to go even higher but one thing you should always keep in mind is there best time to exit on your trade is when - Everyone is excited for that trade -People are coming up with unrealistic targets - The greed is high and everyone is rushing to buy. The merge news increase the euphoria in market and that was the moment for me to start taking the exit. - Never marry with your bags, Take the money out when it's time. :)
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Just posted some Weekly Altcoin charts. Remember that weekly charts show high time frame trend, i talked about each levels that a coin has on the chart. These levels may look bigger on chart but this is how you draw high timeframe levels. Most of the charts are just lagging and need to show some volume to be attractive. This is also the reason why i am not talking about Altcoins much and playing with the $BTC moves only. So far the decision is right and i will continue to do that unless i see the money is finally going to Alts. i do not like to trade boring price actions.
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