CryptoCapo TG
Friendly reminder. The token that has been created with my name has no relation to me. His creator is using my fame and impact to dump on his followers and profit, while constantly lying to them. Stay away from such scams and scammers, because you will end…
Scam token $CAPO is down 90% from the highs and the person who created it is trying to create another token to keep scamming even more people. Sooner or later it will go to zero because it has zero fundamental value.
I hope you didn't fall for the scam and I hope you don't fall for future scams.
I hope you didn't fall for the scam and I hope you don't fall for future scams.
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BTC update: no changes
Two charts here, hight timeframe and a lower tf. Htf you can see how price has been rejected from the major resistance of 28k-30k, deviating a bit above. Main target is the same, 12k (wicks to 11k are possible). This level would front run 10k, which would be the level that most people would expect if we see a capitulation event.
Ltf you can see how price has broken the bullish structure from December's local low and now it is forming a new bearish trend of lower highs and lower lows, consolidating below the last pivot. A clean break below 25k would be the bearish confirmation, and a reclaim of the 30k-31k level could mean bullish continuation (unlikely scenario).
Altcoins are showing a lot of weakness and this adds confluence to the bearish scenario of BTC. Altcoins would drop much more during the capitulation event because alts/btc charts look very weak, that's why I short them instead of BTC.
Two charts here, hight timeframe and a lower tf. Htf you can see how price has been rejected from the major resistance of 28k-30k, deviating a bit above. Main target is the same, 12k (wicks to 11k are possible). This level would front run 10k, which would be the level that most people would expect if we see a capitulation event.
Ltf you can see how price has broken the bullish structure from December's local low and now it is forming a new bearish trend of lower highs and lower lows, consolidating below the last pivot. A clean break below 25k would be the bearish confirmation, and a reclaim of the 30k-31k level could mean bullish continuation (unlikely scenario).
Altcoins are showing a lot of weakness and this adds confluence to the bearish scenario of BTC. Altcoins would drop much more during the capitulation event because alts/btc charts look very weak, that's why I short them instead of BTC.
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CryptoCapo TG
BTC update: no changes Two charts here, hight timeframe and a lower tf. Htf you can see how price has been rejected from the major resistance of 28k-30k, deviating a bit above. Main target is the same, 12k (wicks to 11k are possible). This level would front…
Htf HD chart: https://www.tradingview.com/x/HDMNejyf/
Ltf HD chart: https://www.tradingview.com/x/DOjUMGTu/
Ltf HD chart: https://www.tradingview.com/x/DOjUMGTu/
TradingView
COINBASE:BTCUSD Chart Image by CryptoCapo_
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CryptoCapo TG
Fundamental reasons: -Binance holds 70-80% of the BNB supply. If they have problems, which is likely they will (CFTC lawsuit was only the beginning), they will have to sell BNB. This is very similar to what happened with FTT. -Price strongly manipulated.…
BNB reminder.
All the shorts in profit except TRX. Expecting bearish acceleration soon.
All the shorts in profit except TRX. Expecting bearish acceleration soon.
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In my opinion, that has been the first part of the capitulation. The test dump. Second part starts when BTC breaks 25k.
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CryptoCapo TG
BNB update Adding more to my short position, which is the biggest one. Current avg. entry: $302 HD chart: https://www.tradingview.com/x/13Rj0NNg/
BNB update
Bad news coming in, and they never come alone. Expecting more bad news during this week, which should make price break the key support (range low, bottom dark zone in the chart). Below there, it could really be a free fall similar to FTT.
Same targets. I wouldn't take profit on the first target, but I would take some profits on the main target if reached and leave part of the position open just in case.
Not financial advice.
https://www.tradingview.com/x/g6EUyOLz/
Bad news coming in, and they never come alone. Expecting more bad news during this week, which should make price break the key support (range low, bottom dark zone in the chart). Below there, it could really be a free fall similar to FTT.
Same targets. I wouldn't take profit on the first target, but I would take some profits on the main target if reached and leave part of the position open just in case.
Not financial advice.
https://www.tradingview.com/x/g6EUyOLz/
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CryptoCapo TG
Adding more to the MATIC short. Avg. entry = $0.96 Same target.
MATIC update
Short doing very well. Same as with BNB, adding several targets.
https://www.tradingview.com/x/VDNjG2gM/
Short doing very well. Same as with BNB, adding several targets.
https://www.tradingview.com/x/VDNjG2gM/
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CryptoCapo TG
BTC update: no changes Two charts here, hight timeframe and a lower tf. Htf you can see how price has been rejected from the major resistance of 28k-30k, deviating a bit above. Main target is the same, 12k (wicks to 11k are possible). This level would front…
BTC update
No clean break of 25k = no bearish confirmation yet
BUT, the way price action is developing makes me think we will see that break sooner or later. Price has just formed a new lower high against double key resistance. Altcoins also look weak.
Expecting bearish continuation soon, and possibly the last and most aggressive part of the capitulation (and of the bear market)
Stay safe.
HD chart: https://www.tradingview.com/x/n1rE905W/
No clean break of 25k = no bearish confirmation yet
BUT, the way price action is developing makes me think we will see that break sooner or later. Price has just formed a new lower high against double key resistance. Altcoins also look weak.
Expecting bearish continuation soon, and possibly the last and most aggressive part of the capitulation (and of the bear market)
Stay safe.
HD chart: https://www.tradingview.com/x/n1rE905W/
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This bounce doesn't change anything. Bearish scenario still in play and likely.
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CryptoCapo TG
ADA update Playing out perfectly. https://www.tradingview.com/x/4smimYvJ/
ADA update
Lows taken and now it's testing the last pivot as resistance. Expecting a last drop of 60-65% which should happen in an aggressive way, to the main target of $0.10-0.12 (potential absolute bottom)
https://www.tradingview.com/x/F565wxUm/
Lows taken and now it's testing the last pivot as resistance. Expecting a last drop of 60-65% which should happen in an aggressive way, to the main target of $0.10-0.12 (potential absolute bottom)
https://www.tradingview.com/x/F565wxUm/
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Coincidence?
Don't fall into the trap. They are manipulating the market in order to sell from higher and to use you as exit liquidity. First it was with BUSD and USDC. Now it's with TUSD. Soon they won't be able to do that anymore and when that happens, all the fake run will be totally retraced.
Don't fall into the trap. They are manipulating the market in order to sell from higher and to use you as exit liquidity. First it was with BUSD and USDC. Now it's with TUSD. Soon they won't be able to do that anymore and when that happens, all the fake run will be totally retraced.
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CryptoCapo TG
Adding MATIC to my shorts HD chart: https://www.tradingview.com/x/xUqrGNUW/
MATIC update
Clean break of the main support zone which is now acting as resistance.
Still short on this one. Current avg. entry: $0.91
https://www.tradingview.com/x/bhQ2Y4AJ/
Clean break of the main support zone which is now acting as resistance.
Still short on this one. Current avg. entry: $0.91
https://www.tradingview.com/x/bhQ2Y4AJ/
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