GM
The market is moving accordingly to the analysis. BTC is dumping slowly towards the $57k-$59k target and ETH towards $2700-$2800. If we see bullish signs at those levels, I will flip short-term bullish and add some exposure to altcoins, especially low caps (will share some of them). It will all depend on the reaction there. I say short-term because despite of the possibility of a good bounce from those levels, my main bias remains bearish for the next months.
For now, I keep CRO and BNB shorts open and just waiting for this correction to be over before making any other move.
Have a blessed weekend!
The market is moving accordingly to the analysis. BTC is dumping slowly towards the $57k-$59k target and ETH towards $2700-$2800. If we see bullish signs at those levels, I will flip short-term bullish and add some exposure to altcoins, especially low caps (will share some of them). It will all depend on the reaction there. I say short-term because despite of the possibility of a good bounce from those levels, my main bias remains bearish for the next months.
For now, I keep CRO and BNB shorts open and just waiting for this correction to be over before making any other move.
Have a blessed weekend!
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CryptoCapo TG
GM The market is moving accordingly to the analysis. BTC is dumping slowly towards the $57k-$59k target and ETH towards $2700-$2800. If we see bullish signs at those levels, I will flip short-term bullish and add some exposure to altcoins, especially low…
Same thing.
No updates = no changes
No updates = no changes
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CryptoCapo TG
HBAR update It went lower before but just reached the main resistance.
HBAR
The main resistance acted as it should, and now the price is 40% down from there.
The main resistance acted as it should, and now the price is 40% down from there.
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If you like my content and find it helpful, a good comment or DM from you on X (Twitter) is always very appreciated.
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Overview for this week
Today:
-Hong Kong spot Bitcoin and Ethereum ETF trading officially live (sell the news so far)
-Eurozone CPI
-CZ's sentence
Tomorrow:
-Fed Interest Rate Decision
-FOMC
BTC still trading within the $73k-$60k range. Liquidity resting below/above it. In my opinion, the next movement should be to the range low again, reaching $57k-$59k (and ETH $2700-$2800). The reaction there is going to be key.
Today:
-Hong Kong spot Bitcoin and Ethereum ETF trading officially live (sell the news so far)
-Eurozone CPI
-CZ's sentence
Tomorrow:
-Fed Interest Rate Decision
-FOMC
BTC still trading within the $73k-$60k range. Liquidity resting below/above it. In my opinion, the next movement should be to the range low again, reaching $57k-$59k (and ETH $2700-$2800). The reaction there is going to be key.
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CryptoCapo TG
Same thing. Eyes on $57k-$59k.
$57k-$59k reached ✅
I'm going to check now the lower timeframes and the indicators to see if a local bottom could be formed around here.
I'm going to check now the lower timeframes and the indicators to see if a local bottom could be formed around here.
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CryptoCapo TG
GM The market is moving accordingly to the analysis. BTC is dumping slowly towards the $57k-$59k target and ETH towards $2700-$2800. If we see bullish signs at those levels, I will flip short-term bullish and add some exposure to altcoins, especially low…
Market update
BTC has reached the $57k-$59k key level, and ETH $2700-$2800. What should we expect now?
We could see a ltf local bottom formation here, but for that we need ltf bullish PA. There's considerable demand below these levels, which is good. But until we see a strong reaction or confirmation, I would be cautious before entering any position.
I have taken profits from my CRO and BNB shorts. They could go lower, but the profits are very good already, and we are currently at a support level.
Let's see how prices respond here. Sitting on my hands for now until I see a ltf reversal.
BTC has reached the $57k-$59k key level, and ETH $2700-$2800. What should we expect now?
We could see a ltf local bottom formation here, but for that we need ltf bullish PA. There's considerable demand below these levels, which is good. But until we see a strong reaction or confirmation, I would be cautious before entering any position.
I have taken profits from my CRO and BNB shorts. They could go lower, but the profits are very good already, and we are currently at a support level.
Let's see how prices respond here. Sitting on my hands for now until I see a ltf reversal.
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CryptoCapo TG
OTHERS (Altcoins market cap) Correction taking place. Next support is about 15-20% away. This would match with BTC taking the liquidity below $60k, then altcoins should dump harder. If that support can hold, we could see another leg up for altcoins, to…
OTHERS (Altcoins market cap) update
It finally reached support and it's forming a potential double bottom.
I'm buying some low cap altcoins here. Not sure about new highs, but we could see a decent bounce from current levels.
It finally reached support and it's forming a potential double bottom.
I'm buying some low cap altcoins here. Not sure about new highs, but we could see a decent bounce from current levels.
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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
Several touches to the re-adjusted range high, using it as support. BTC pair keeps looking good.
Adding a bit more to this one.
Several touches to the re-adjusted range high, using it as support. BTC pair keeps looking good.
Adding a bit more to this one.
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CryptoCapo TG
Market update BTC has reached the $57k-$59k key level, and ETH $2700-$2800. What should we expect now? We could see a ltf local bottom formation here, but for that we need ltf bullish PA. There's considerable demand below these levels, which is good. But…
Solid reaction from the $57k-$59k liquidity zone.
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