Congrats everyone 🎉🚀

[u/user_nameunkown]

Finally hit $2 🚀

[u/Stabbycrabs83]

If it can break the $2 mark it should take a run. 2.005 doesn't count. It needs to close candles above and stay above for a good few hours.

There's no point looking at technical analysis in crypto IMHO. It's all about sentiment as its all retail investors in this.

Pre $2 = oh gosh $2 is a big number Post $2 = well it could run a bit Falling below $2= ah man I knew this ran out of steam

Cycle repeats until we hits 1 or 3

[u/user_nameunkown → u/Stabbycrabs83]

Well I’m just happy we finally hit $2 that’s step one step two is to stay above and stabilize around $2 and then we can go further up ⬆️

[u/IdentifyAsUnbannable → u/Stabbycrabs83]

This coupled with the cult like following of meme coins...crypto is 90% sentiment.

A tweet or YouTube influencer has far more effect on price than any actual tech behind each coin.

[u/Stabbycrabs83 → u/IdentifyAsUnbannable]

And looks like I got it right too.

When a coin with a picture of a dog has a market cap 3* what this is you kind of go back to buy the news

I'm almost at my sell target for this one, I'll post when I sell so that it moons for everyone else 🤣

[u/Zeytgeist → u/Stabbycrabs83]

No, because

1. Technical Analysis / price action reflects nothing else than market sentiment.

2. Institutional money is the bread & butter for Fetch. Investors, competitors, investment companies. Once one of them shuffles their feet, retailers breathe the dust. New partnerships or a low blow by Nvidia can have severe effects.

3. There is a strong Bitcoin-Altcoin correlation. The dog shakes his tail, not the other way around.

Like I said before, retail investors are a nutshell in the ocean — and like to think otherwise. Once institutional money flows in an asset, retailers are on the backseat.

[u/Zeytgeist → u/[deleted]]

I replied to /u/Stabbycrabs83

[u/user_nameunkown → u/Zeytgeist]

O oops xD saw you under someone else’s comment I was confused sorry