Artificial Superintellifence: Sell High, Buy Low (Sell!)
2024-11-02

This will be a major crash. FETUSDT (Artificial Superintelligence) has been strongly bearish since March, but this isn't enough, according to this chart.

Notice the descending trendline and how it has been working perfectly as resistance; perfect symmetry. So far six consecutive weeks of bearish action after a small bounce. These six weeks are a form of consolidation because while prices are moving lower no new major lows have been established, no new support levels have been tested. Six weeks is a long time in crypto terms.

This consolidation gives strength to the move that follows. The chart being 100% bearish, the next move is likely to be very, very strong.

This pair/project grew more than 6,500% since November 2022, it is only natural to expect a major flush before the next bull-market. Traders have to take profits. Whales have to take profits or else, what is the sense in trading?

Buy low to sell high.
People were buying when prices were low.
People are selling now that prices are still high.

When prices become low again, the last month of 2024, we will have a new buying period and this will anticipate the next bull-market, it will be fun.

Stay safe, stay out.
Sell high, buy low.

Thanks a lot for your continued support.

Namaste.