Sharing a WILD idea.BINANCE:MOODENGUSDT.P possible creating a head and shoulder bearish pattern, here is why:
- Alts season is coming very soon (I might be mentioning this very often).
- BINANCE:MOODENGUSDT.P is in CRYPTOCAP:ETH ecosystem and a memecoin. There could be high chance that money will flows to CRYPTOCAP:ETH ecosystem.
Remember this flow: Large caps > Middle caps > Lower caps.
Explanation : Moneys will first flow in Large caps coins ( CRYPTOCAP:ETH CRYPTOCAP:SOL CRYPTOCAP:XRP etc) and then starting to flow to middle caps (top 20-50 coins) and lastly to Lower caps (top 51-100).
it's always a safe choice to bet on every top 100 coins.