CryptoCapo TG
$BTC Looking good for a bounce.
$BTC
Clear demand zone here.
As long as Bitcoin stays above $84k-85k, the target remains $95k-100k.
Clear demand zone here.
As long as Bitcoin stays above $84k-85k, the target remains $95k-100k.
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GM
$BTC has broken below $84k, which isnβt great for the short-term bullish scenario.
However, this still looks like a bear trap to me. Based on indicators and the confluence with altcoinsβmost of which are holding higher lows above HTF supportβI remain bullish.
That said, Iβd really like to see a strong reclaim of $84k (ideally $85k) soon to confirm strength.
Letβs see how it plays out. Have a great weekend!
$BTC has broken below $84k, which isnβt great for the short-term bullish scenario.
However, this still looks like a bear trap to me. Based on indicators and the confluence with altcoinsβmost of which are holding higher lows above HTF supportβI remain bullish.
That said, Iβd really like to see a strong reclaim of $84k (ideally $85k) soon to confirm strength.
Letβs see how it plays out. Have a great weekend!
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$BTC - Current view
Bitcoin has been showing weakness since February, and in my opinion, this will likely end with a capitulation event at some point.
That said, as Iβve mentioned over the last few days, indicators are flashing local bottom signals in the short term.
Sentiment is extremely negative, prices are very oversold, and most altcoins are at major support levelsβforming higher lows, just like BTC.
Based on that, I believe we could see another short squeeze / bull trap soon, possibly pushing $BTC up to the $95k area, with altcoins likely outperforming.
Note: For this short-term scenario to play out, BTC must reclaim $84k, which remains a key level.
Bitcoin has been showing weakness since February, and in my opinion, this will likely end with a capitulation event at some point.
That said, as Iβve mentioned over the last few days, indicators are flashing local bottom signals in the short term.
Sentiment is extremely negative, prices are very oversold, and most altcoins are at major support levelsβforming higher lows, just like BTC.
Based on that, I believe we could see another short squeeze / bull trap soon, possibly pushing $BTC up to the $95k area, with altcoins likely outperforming.
Note: For this short-term scenario to play out, BTC must reclaim $84k, which remains a key level.
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CryptoCapo TG
$RENDER Htf support, same as many other altcoins.
$RENDER update
This setup keeps looking great.
This setup keeps looking great.
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CryptoCapo TG
$BTC plan
$BTC
Bitcoin has reclaimed $84k, and is trying to reclaim the $85k level too. Sign of strength.
Bitcoin has reclaimed $84k, and is trying to reclaim the $85k level too. Sign of strength.
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GM
Most people expect today to be a bearish event (Trump administration to announce global tariffs today at 4:00 PM EDT (22:00 CEST))
I see it differently. Most of the tariff news is likely already priced in. The market has been dropping for weeks.
Charts keep looking bullish for the short-term, and weβve already seen some signs of strength. Could easily turn into a buy the news kind of day.
Let's see how the market reacts!
Most people expect today to be a bearish event (Trump administration to announce global tariffs today at 4:00 PM EDT (22:00 CEST))
I see it differently. Most of the tariff news is likely already priced in. The market has been dropping for weeks.
Charts keep looking bullish for the short-term, and weβve already seen some signs of strength. Could easily turn into a buy the news kind of day.
Let's see how the market reacts!
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GM
Crazy PA yesterday... and this is exactly why I avoid leverage most of the time.
Right now, $BTC is just deviating above and below the $84kβ85k area, flip-flopping and trying to find direction.
Indicators remain bullish for the short-term, so I still think a move up is more likely. But once again, we need to see a clean reclaim of $85k to confirm that.
As long as that happens, the target would be $92k-98k, which is the next strong resistance zone.
Crazy PA yesterday... and this is exactly why I avoid leverage most of the time.
Right now, $BTC is just deviating above and below the $84kβ85k area, flip-flopping and trying to find direction.
Indicators remain bullish for the short-term, so I still think a move up is more likely. But once again, we need to see a clean reclaim of $85k to confirm that.
As long as that happens, the target would be $92k-98k, which is the next strong resistance zone.
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Crypto holding very well compared to the stock market. Could be another sign of strength.
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CryptoCapo TG
$RENDER update This setup keeps looking great.
$RENDER / BTC
Adding confluence for the setup against USD.
Adding confluence for the setup against USD.
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No changes.
Weβre reaching extreme oversold and panic levels. Many are expecting a black swan tomorrow, but prices are reaching support.
I might be wrongβbut in my opinion, selling here is a mistake.
''Itβs usually when things look the worstβ¦ that bottoms are formed.''
Weβre reaching extreme oversold and panic levels. Many are expecting a black swan tomorrow, but prices are reaching support.
I might be wrongβbut in my opinion, selling here is a mistake.
''Itβs usually when things look the worstβ¦ that bottoms are formed.''
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And in case you're wondering:
I'm just holding. No active trades. Just spot bags.
Keeping 20% in stables, just in case.
In moments like this it's usually better to stay still. Most decisions made here are based on emotions, instead of rational thinking.
I'm just holding. No active trades. Just spot bags.
Keeping 20% in stables, just in case.
In moments like this it's usually better to stay still. Most decisions made here are based on emotions, instead of rational thinking.
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#SPX futures
Reaching the 2022 high, which is a key level and could act as support.
After such a strong sell-off, a DCB in the short-term is likely, same as for crypto. That said, this looks like the beginning of something bigger for the next months.
Reaching the 2022 high, which is a key level and could act as support.
After such a strong sell-off, a DCB in the short-term is likely, same as for crypto. That said, this looks like the beginning of something bigger for the next months.
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CryptoCapo TG
$SOL Looking good for a bullish move towards $180-200
$SOL update
We didn't see that move towards $180-200, but now it has reached the target of $100.
This is a strong support level, and as said before, a bounce from here is expected.
We didn't see that move towards $180-200, but now it has reached the target of $100.
This is a strong support level, and as said before, a bounce from here is expected.
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CryptoCapo TG
$RENDER Htf support, same as many other altcoins.
$RENDER update
Same setup basically, but with a double bottom formation.
Same target.
Same setup basically, but with a double bottom formation.
Same target.
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CryptoCapo TG
$BTC This would be max pain scenario, and it's the most likely imo.
Some people say my analysis are way too simple.
What you see is the final version. The clean chart. The real analysis takes hours of research, dozens of variables, and years of experience (and mistakes)
First image: ''TradingView with half the indicators on''
Second image: ''Clean version to post''
And thatβs not even counting all the external tools outside of TradingView...
What you see is the final version. The clean chart. The real analysis takes hours of research, dozens of variables, and years of experience (and mistakes)
First image: ''TradingView with half the indicators on''
Second image: ''Clean version to post''
And thatβs not even counting all the external tools outside of TradingView...
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