BTC update
BTC is showing weakness but it's still at a major support (40k-41k). As long as it stays above 40k on a htf close, it could bounce to 44.5k or even higher.
The volume is decreasing, there's strong demand below and the fundings are reset. It could have a last dump to 40k to take more liquidity before bouncing.
Htf candle close or bearish PA + signals below 40k would be a bearish confirmation, but in my opinion it should bounce soon. That woud give alts more room to keep pumping.
BTC is showing weakness but it's still at a major support (40k-41k). As long as it stays above 40k on a htf close, it could bounce to 44.5k or even higher.
The volume is decreasing, there's strong demand below and the fundings are reset. It could have a last dump to 40k to take more liquidity before bouncing.
Htf candle close or bearish PA + signals below 40k would be a bearish confirmation, but in my opinion it should bounce soon. That woud give alts more room to keep pumping.
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CryptoCapo TG
UNI Buying some spot here. Targeting the upper dark zone.
UNI update
Htf idea is the same, but this level has to hold.
Htf idea is the same, but this level has to hold.
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Good morning all,
The analysis is playing out so far. BTC should reach 44k-45k first and then possibly 50k. That would trigger massive FOMO again and liquidate all the early shorts. But at the same time, that would complete the w5 of C, meaning the bear market rally is over.
On the other hand, altcoins are bouncing nicely and I expect them to keep pumping as long as BTC stays within the 40k-50k range (local top formation/distribution)
I wish you all a nice week!
The analysis is playing out so far. BTC should reach 44k-45k first and then possibly 50k. That would trigger massive FOMO again and liquidate all the early shorts. But at the same time, that would complete the w5 of C, meaning the bear market rally is over.
On the other hand, altcoins are bouncing nicely and I expect them to keep pumping as long as BTC stays within the 40k-50k range (local top formation/distribution)
I wish you all a nice week!
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ETH/BTC
Decreasing volume and increasing demand.
Expecting a bounce soon. Bullish for altcoins.
Decreasing volume and increasing demand.
Expecting a bounce soon. Bullish for altcoins.
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All the recent updates I've been posting about alts (BNB, ADA, SOL, MATIC, AVAX, UNI, SUSHI...) are exactly the same now. This indicates a last wave up, followed by a strong reversal (same for the entire market). So far it's playing out perfectly.
If you want to check the chart with the targets, just use the search tool, type the ticker, and check the last update.
I won't update them anymore until the targets are reached or until they get invalidated, to avoid making this channel messy.
If you want to check the chart with the targets, just use the search tool, type the ticker, and check the last update.
I won't update them anymore until the targets are reached or until they get invalidated, to avoid making this channel messy.
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CryptoCapo TG
BTC
BTC update
Perfect bounce after deviation. Now it has retraced a bit front running those 44k-45k. Imo this was the w1 of w5, so it could easily reach 50k in the next few days.
Fed Interest Rate Decision today. Probably no changes and pivot in March.
Perfect bounce after deviation. Now it has retraced a bit front running those 44k-45k. Imo this was the w1 of w5, so it could easily reach 50k in the next few days.
Fed Interest Rate Decision today. Probably no changes and pivot in March.
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CryptoCapo TG
BTC update Perfect bounce after deviation. Now it has retraced a bit front running those 44k-45k. Imo this was the w1 of w5, so it could easily reach 50k in the next few days. Fed Interest Rate Decision today. Probably no changes and pivot in March.
This could be a narrative for the last move up to 50k.
Another buy the rumor / sell the news event, this time coming from the Chinese ETFs.
Another buy the rumor / sell the news event, this time coming from the Chinese ETFs.
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