So the main ltf idea is:
Pump from here to form a lower high (around 43k-44k for BTC, and 2300-2400 for ETH). Some altcoins could make new highs.
Then the second wave of the bear market should begin.
Pump from here to form a lower high (around 43k-44k for BTC, and 2300-2400 for ETH). Some altcoins could make new highs.
Then the second wave of the bear market should begin.
❤14🔥10👏8👍5
CryptoCapo TG
BNB update Not really liking the ltf PA here, so I'm taking partial profits here at $250 (75% of the short position I had from $301). Keeping the rest open by the moment. I will fully close the position to reevaluate later if it consolidates above the red…
BNB
Taking profits again at $250 from the other 25% of the position.
The main idea remains the same. Imo this is a massive distribution range that will break to the downside eventually, but things on ltf are looking bullish so I prefer to take profit and wait for another bearish confirmation, whether from higher or lower.
I think they are going to push it to the mid range (around $300-330) which would leave the old short position in BE or in a loss. If those levels are reached and I see weakness, I will reopen the short again. Also if it consolidates below the range low.
Taking profits again at $250 from the other 25% of the position.
The main idea remains the same. Imo this is a massive distribution range that will break to the downside eventually, but things on ltf are looking bullish so I prefer to take profit and wait for another bearish confirmation, whether from higher or lower.
I think they are going to push it to the mid range (around $300-330) which would leave the old short position in BE or in a loss. If those levels are reached and I see weakness, I will reopen the short again. Also if it consolidates below the range low.
🔥14👍12❤9👏9
CryptoCapo TG
BTC
BTC
43k-44k reached. Expecting the formation of a lower high here while some altcoins keep pumping a bit more (not all).
Then trend reversal.
43k-44k reached. Expecting the formation of a lower high here while some altcoins keep pumping a bit more (not all).
Then trend reversal.
👏20🔥19❤11👍10👀1
I think we are very close to a local top in the entire market. BTC is facing big resistance here at 43k-45k. ETH resistance is 2350-2500. Now money is still flowing to altcoins and shitcoins, marking the end of the mini bull market (bear market rally imo) we had in 2023.
I didn't catch those opportunities this year, but bigger opportunities will come, especially if the main scenario plays out.
I didn't catch those opportunities this year, but bigger opportunities will come, especially if the main scenario plays out.
👏15❤11👍9🔥9
CryptoCapo TG
I think we are very close to a local top in the entire market. BTC is facing big resistance here at 43k-45k. ETH resistance is 2350-2500. Now money is still flowing to altcoins and shitcoins, marking the end of the mini bull market (bear market rally imo)…
Same idea.
BTC is forming a distribution range between 40k and 45k. It could still test the range high at 44k-45k.
As long as BTC stays within the range, some altcoins could have the last pumps.
Consolidation below 40k would be a sign of weakness and the next target would be 30k-31k.
BTC is forming a distribution range between 40k and 45k. It could still test the range high at 44k-45k.
As long as BTC stays within the range, some altcoins could have the last pumps.
Consolidation below 40k would be a sign of weakness and the next target would be 30k-31k.
👏18👍16❤15🔥8
CryptoCapo TG
Same idea. BTC is forming a distribution range between 40k and 45k. It could still test the range high at 44k-45k. As long as BTC stays within the range, some altcoins could have the last pumps. Consolidation below 40k would be a sign of weakness and…
Playing out so far as expected. ETH could reach 2500. Altcoins could go higher.
Remember that this is probably the last leg up before full reversal to new lows. Opportunities are there, but act accordingly knowing the risks. This is not going to last forever and the trend is almost over. When it changes, it won't be pretty.
Remember that this is probably the last leg up before full reversal to new lows. Opportunities are there, but act accordingly knowing the risks. This is not going to last forever and the trend is almost over. When it changes, it won't be pretty.
👏17👍15🔥9❤8
CryptoCapo TG
ETH main idea
ETH
Same plan but from higher, since it has flipped the previous resistance into support. Expecting it to reach 2500s, which is a very strong resistance zone.
Bearish confirmation would be a clean break below $2000. If that happens, it should take all the liquidity it has below and make a new low eventually. Main target would be $550-600.
Same plan but from higher, since it has flipped the previous resistance into support. Expecting it to reach 2500s, which is a very strong resistance zone.
Bearish confirmation would be a clean break below $2000. If that happens, it should take all the liquidity it has below and make a new low eventually. Main target would be $550-600.
👍18👏16❤13🔥6👀1
CryptoCapo TG
BNB Taking profits again at $250 from the other 25% of the position. The main idea remains the same. Imo this is a massive distribution range that will break to the downside eventually, but things on ltf are looking bullish so I prefer to take profit and…
BNB
Good thing I took profits at $250. It looks like it wants to go to that $300-350 resistance zone. Once there, I will wait for bearish signs on ltf to start reopening the short position again.
Good thing I took profits at $250. It looks like it wants to go to that $300-350 resistance zone. Once there, I will wait for bearish signs on ltf to start reopening the short position again.
🔥15👍9❤7👏2
CryptoCapo TG
Photo
MATIC
Taking profits here at 0.827 from the short position I had from 0.90
It looks like it wants to take the previous high. I will probably start reopening the same short position around the $1 resistance zone.
Taking profits here at 0.827 from the short position I had from 0.90
It looks like it wants to take the previous high. I will probably start reopening the same short position around the $1 resistance zone.
👏14🔥13❤12👍10
Wishing you all a Merry Christmas and happy holidays, filled with peace and joy!
❤17👍14🔥13👏10
CryptoCapo TG
BNB Good thing I took profits at $250. It looks like it wants to go to that $300-350 resistance zone. Once there, I will wait for bearish signs on ltf to start reopening the short position again.
BNB
Perfect S/R flip following the squiggly line drawn a few days ago.
It should reach $300-330 next. Then I will look for bearish signs on ltf in order to start building the short position again.
Perfect S/R flip following the squiggly line drawn a few days ago.
It should reach $300-330 next. Then I will look for bearish signs on ltf in order to start building the short position again.
🔥15❤14👏14👍11
CryptoCapo TG
MATIC Taking profits here at 0.827 from the short position I had from 0.90 It looks like it wants to take the previous high. I will probably start reopening the same short position around the $1 resistance zone.
MATIC update
Same as with BNB, it was a very good decision to take profits when something changed and to don't marry any position.
Reaching the $1 resistance mentioned on the previous post. I will also wait for ltf bearish signs before reopening the short position.
Same as with BNB, it was a very good decision to take profits when something changed and to don't marry any position.
Reaching the $1 resistance mentioned on the previous post. I will also wait for ltf bearish signs before reopening the short position.
👍20❤18👏15🔥10