There it goes. Scam pump in progress.
Expecting higher before reversal.
Expecting higher before reversal.
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Main scenario:
Last leg up of this scam pump to 28300-28500. Local top to be formed at $28ks. Then down to sub $25k.
Next big support below $25k = $20k-21k. Below there, main target = $12k.
Last leg up of this scam pump to 28300-28500. Local top to be formed at $28ks. Then down to sub $25k.
Next big support below $25k = $20k-21k. Below there, main target = $12k.
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CryptoCapo TG
They are ready for the fake pump. As I mentioned yesterday, BTC could touch 27k-28k and altcoins could bounce 10-20%. Then bearish continuation.
Same same...
Second and last leg of the scam pump incoming. $28,300-28,500 is resistance.
Second and last leg of the scam pump incoming. $28,300-28,500 is resistance.
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Fake pump retraced. Ltf idea invalidated.
Expecting a big sell-off.
Expecting a big sell-off.
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CRO
Adding this to my short positions.
Very bearish PA. After dumping 94% from the ATH, it tested the ATL several times. It's finally broken and tested as resistance, matching with another diagonal resistance. How low could this go? Who knows, but with capitulation event being very likely in the entire market, this coin has thin air below the ATL. Expecting it to dump hard.
Adding this to my short positions.
Very bearish PA. After dumping 94% from the ATH, it tested the ATL several times. It's finally broken and tested as resistance, matching with another diagonal resistance. How low could this go? Who knows, but with capitulation event being very likely in the entire market, this coin has thin air below the ATL. Expecting it to dump hard.
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CryptoCapo TG
DXY Potential short squeeze
DXY update
Playing out so far. Expecting higher, reaching at least the range high at 106. Then it will depend on the reaction there.
Playing out so far. Expecting higher, reaching at least the range high at 106. Then it will depend on the reaction there.
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CryptoCapo TG
SOL update Perfect deviation. Still short with main target = $3
SOL
Confluence for the TA and short position:
https://twitter.com/TheDeFinvestor/status/1700461501977354386?s=20
Confluence for the TA and short position:
https://twitter.com/TheDeFinvestor/status/1700461501977354386?s=20
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The biggest bull trap ever is followed by the biggest capitulation event ever.
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This is how I expect the capitulation event to play out:
-First, an initial drop of BTC to $19k-21k and ETH to $1000-1100, where altcoins would dump 30-40%, breaking the current main supports. This initial move would be accompanied by very bad news.
-Later on, attempts would be made to debunk these news (4?), which would cause a bounce/consolidation that might last a few days, and perhaps the broken supports might be retested as resistance.
-Finally, more evidence would come forth to back up that initial bad news, leading to the final capitulation wave where Bitcoin would finally reach its main target of $12k, and altcoins would nuke 70-80%. That should mark the end of the bear market.
-First, an initial drop of BTC to $19k-21k and ETH to $1000-1100, where altcoins would dump 30-40%, breaking the current main supports. This initial move would be accompanied by very bad news.
-Later on, attempts would be made to debunk these news (4?), which would cause a bounce/consolidation that might last a few days, and perhaps the broken supports might be retested as resistance.
-Finally, more evidence would come forth to back up that initial bad news, leading to the final capitulation wave where Bitcoin would finally reach its main target of $12k, and altcoins would nuke 70-80%. That should mark the end of the bear market.
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CryptoCapo TG
This is how I expect the capitulation event to play out: -First, an initial drop of BTC to $19k-21k and ETH to $1000-1100, where altcoins would dump 30-40%, breaking the current main supports. This initial move would be accompanied by very bad news. -Later…
In relation to this, I won't close my shorts during that potential consolidation because it could not happen or it could happen very fast. Main targets are clear, and that's the main plan.
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CryptoCapo TG
BNB should lead the capitulation event.
BNB
Sign of weakness at range low. It keeps flipping supports and forming lower highs.
Guess what happens when a coin that has been artificially pumped since inception with BUSD (especially during 2021) breaks a +2years distribution range because the fuel is over and probably the owners are also distributing because they know what's coming.
Short and strong.
Sign of weakness at range low. It keeps flipping supports and forming lower highs.
Guess what happens when a coin that has been artificially pumped since inception with BUSD (especially during 2021) breaks a +2years distribution range because the fuel is over and probably the owners are also distributing because they know what's coming.
Short and strong.
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CryptoCapo TG
DXY Potential short squeeze
DXY update
First target of 106 reached. If it shows strength above this level, next target should be the upper dark zone at 109-112
First target of 106 reached. If it shows strength above this level, next target should be the upper dark zone at 109-112
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