GM
Strong demand being added here. Some alts have already retraced the entire dump.
Let's see if that was the local bottom.
Strong demand being added here. Some alts have already retraced the entire dump.
Let's see if that was the local bottom.
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GM
I’m going on vacation for a few days, so I will be less active. The analysis remains the same. Alerts are set at key confirmation/invalidation points.
Have a great week!
I’m going on vacation for a few days, so I will be less active. The analysis remains the same. Alerts are set at key confirmation/invalidation points.
Have a great week!
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GM!
Alert was triggered for "caution". This means that the first invalidation is close (clean break below 67k)
However, demand remains strong here and there are some hidden bullish divergences. A reclaim of 69.5k would be the confirmation for bullish continuation.
Alert was triggered for "caution". This means that the first invalidation is close (clean break below 67k)
However, demand remains strong here and there are some hidden bullish divergences. A reclaim of 69.5k would be the confirmation for bullish continuation.
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CryptoCapo TG
BTC - Clean view
BTC update
67k has been broken. However, the demand remains strong.
Basically:
-Reclaim of 67k = bullish
-Acceptance below 67k = 65k, which is another strong support
Based on indicators, I think the reclaim of 67k is a likely scenario, and this PA would be a deviation.
Just wait and see.
67k has been broken. However, the demand remains strong.
Basically:
-Reclaim of 67k = bullish
-Acceptance below 67k = 65k, which is another strong support
Based on indicators, I think the reclaim of 67k is a likely scenario, and this PA would be a deviation.
Just wait and see.
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CryptoCapo TG
BTC update 67k has been broken. However, the demand remains strong. Basically: -Reclaim of 67k = bullish -Acceptance below 67k = 65k, which is another strong support Based on indicators, I think the reclaim of 67k is a likely scenario, and this PA would…
67k reclaimed.
Let's see what happens now.
Let's see what happens now.
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CryptoCapo TG
67k reclaimed. Let's see what happens now.
Nice bounce so far.
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CryptoCapo TG
BTC update 67k has been broken. However, the demand remains strong. Basically: -Reclaim of 67k = bullish -Acceptance below 67k = 65k, which is another strong support Based on indicators, I think the reclaim of 67k is a likely scenario, and this PA would…
BTC update
67k is being used as support again. The next bullish confirmation would be a clean reclaim of 69k. That would give alts some room to bounce.
67k is being used as support again. The next bullish confirmation would be a clean reclaim of 69k. That would give alts some room to bounce.
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Very ugly PA ngl. It has to bounce soon or I will start closing positions.
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Indicators remain strong and that's why I'm sitting on my hands, but it has to bounce soon.
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CryptoCapo TG
Very ugly PA ngl. It has to bounce soon or I will start closing positions.
65k is the last line of defense.
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Very strong 4H candle. Local bottom could be in.
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GM
The market took the ltf low again. BTC is holding above 65k, but alts are suffering much more. It is what it is.
Overall it looks like a local bottom formation. Sentiment and fundings too negative, bids getting filled and everything very oversold.
Still expecting a strong bounce.
The market took the ltf low again. BTC is holding above 65k, but alts are suffering much more. It is what it is.
Overall it looks like a local bottom formation. Sentiment and fundings too negative, bids getting filled and everything very oversold.
Still expecting a strong bounce.
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