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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CryptoCapo TG
Crazy spoofing on BNB to sell from higher. Whales know what is coming. Short and strong.
BNB
In addition to this:
-High timeframe hidden bearish divergences right above main support.
-Corrective pattern.
-Strong supply (distribution)
-More bad news still to come.
In addition to this:
-High timeframe hidden bearish divergences right above main support.
-Corrective pattern.
-Strong supply (distribution)
-More bad news still to come.
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BTC
In my opinion, this is being distribution above $30k. Whales are distributing especially at $31k, adding and selling a lot of supply.
First bearish confirmation would be a clean break of $29,500. Main bearish confirmation is a clean break below $25,000. Main target remains $12k.
In my opinion, this is being distribution above $30k. Whales are distributing especially at $31k, adding and selling a lot of supply.
First bearish confirmation would be a clean break of $29,500. Main bearish confirmation is a clean break below $25,000. Main target remains $12k.
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Altcoins at key supports and low volatility these previous days.
This week should be interesting.
This week should be interesting.
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