CryptoCapo TG
Most altcoins look about to drop 20-30%.
10% already, average. Another 10-20% left to reach support.
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BTC hasn't reached support yet, and neither have altcoins. Longs are fueling the move down, price is forming lower highs...
This is not over yet, imo.
This is not over yet, imo.
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CryptoCapo TG
BTC hasn't reached support yet, and neither have altcoins. Longs are fueling the move down, price is forming lower highs... This is not over yet, imo.
Wait to see a capitulation candle with lots of liquidations, ideally deviating below $60k, before thinking about a local bottom.
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CryptoCapo TG
ZCX update ZCX moved very well since the first post at $0.18. It broke the range high ($0.25), tested it as support and reached $0.45 (2.5x since the first post) Now, as I said in other posts, if BTC retraces to $60k or a bit lower altcoins should drop…
ZCX update
Playing out perfectly.
I will probably add some more if it reaches support.
Playing out perfectly.
I will probably add some more if it reaches support.
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CryptoCapo TG
TOTAL Currently testing broken support as resistance, with a corrective pattern (DCB). If this level holds, we should see bearish continuation soon, to the next support level, which would match with BTC testing the liquidity below $60k.
TOTAL update
Decent rejection from resistance.
Decent rejection from resistance.
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Forwarded from CryptoCapo TG
Wait to see a capitulation candle with lots of liquidations, ideally deviating below $60k, before thinking about a local bottom.
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CryptoCapo TG
BTC Range play is key. I expect it to test the liquidity below the range low first.
This is the plan.
Alerts are set and it's time to enjoy the weekend until the volatility is back and we see a strong move.
Have a good weekend everyone!
Alerts are set and it's time to enjoy the weekend until the volatility is back and we see a strong move.
Have a good weekend everyone!
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GM
The price is moving up but something feels very off.
Many altcoins are testing broken supports as resistance, fundings are increasing again and there are a lot of liquidity gaps below.
It wouldn't surprise me to see a strong reversal.
The price is moving up but something feels very off.
Many altcoins are testing broken supports as resistance, fundings are increasing again and there are a lot of liquidity gaps below.
It wouldn't surprise me to see a strong reversal.
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CryptoCapo TG
GM The price is moving up but something feels very off. Many altcoins are testing broken supports as resistance, fundings are increasing again and there are a lot of liquidity gaps below. It wouldn't surprise me to see a strong reversal.
Yesterday's movement felt off, and it has already been completely reversed.
Same plan. Eyes on liquidity below $60,000.
Same plan. Eyes on liquidity below $60,000.
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