The chart was shared when DOGE was at 0.1$
Thinking “this time is different” has often been a costly mistake for investors
This chart reminds me the chart of SUSHI in Defi season 2020.
up 3 down 2 up 3 down 2 up 3 down 2 up 3
In the end of bullrun, we just realize a surprised performance.
Not easy to trade with middle-entries.
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#DOGE x4 from first entry.
It is just the first leg.
I think there will be 3 legs
Now consolidation time.
#SOL RSI weekly indicated this weekly touched 70 for the first time since Nov 2023.
Whenever it touched 70, a bullrun started and lasted in few months
This run will last till March 2025.
Open 4hourly TF
Open EMA25
Compare with the chart of REEF/SUI or SOL 2023.
See the similarities when price reacts at EMA25.
It's euphoria phase.
After breaking out ATH,
2013: +320% after 23 days
2017: +1330% after 235 days
2020: +220% after 120 days
2024: Currently +25% after 14 days 👀
2 safest trades I mentioned from first days of bullrun is SOL DOGE
Their movement is very healthy and steady.
No shocking pump & dump.
It's euphoria phase.
There were 3 times in history, which are similar to current situation. All they occurred as the result of Shock Supply Liquidity after Halving.
2013: euphoria phase lasted 54 days.
2017: 320 days
2020-21: 130 days.
2024: Already in 2 weeks.
consolidation time is when many will lose patience
It might take weeks.
BTC runs first
SOL DOGE runs later
Others follow
Big pets #PEPE #BONK #FLOKI #WIF
Already up 80-100% from our entry.
Now consolidation will take time before next upside legs.
High lev is not your friend
It's not necessary to use lev in strong trending market
ETHBTC ratio continues bearish.
SOLETH already broke up
SOLBTC in the verge of breakout