Price is back in the $84k-90k range, same as where it was most of the time since it reached a local bottom on November 21st.
So the idea is basically the same, just delayed in time:
Reclaim $90k -> $95k
Reclaim $95k -> $100k levels
This is a likely scenario. I don't trade $BTC, I use it purely as a market reference. My crypto portfolio is mostly privacy coins, being $XMR the biggest bag.
Enjoy the weekend.
So the idea is basically the same, just delayed in time:
Reclaim $90k -> $95k
Reclaim $95k -> $100k levels
This is a likely scenario. I don't trade $BTC, I use it purely as a market reference. My crypto portfolio is mostly privacy coins, being $XMR the biggest bag.
Enjoy the weekend.
β€511π186π168π₯117
CryptoCapo TG
#SILVER (XAG) As I've been saying, Silver looks great on the very high timeframe. Once it makes a clean break above 48-50, we should see a strong bullish move. Same as with Gold, there will be corrections along the way, but next few months/years should beβ¦
#SILVER (XAG) update
4 months later, nearly a 3x bullish move β
Now many are talking about it, but very few were doing so a few months ago.
For those who are late to it, because the current move is overextended, $XMR looks very similar (accumulation range breakout + retest). I've been adding more between $450-500, which was an expected retest.
4 months later, nearly a 3x bullish move β
Now many are talking about it, but very few were doing so a few months ago.
For those who are late to it, because the current move is overextended, $XMR looks very similar (accumulation range breakout + retest). I've been adding more between $450-500, which was an expected retest.
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Expecting a green week ahead for crypto, especially if $BTC reclaims $90k-91k.
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I'm not trading this one, but this is such a clean chart to show as an example (first image), for what to expect next for crypto.
Still waiting for $BTC to reclaim those $90k-91k to give the bullish confirmation. That would be the trigger for some very good green days, with privacy likely outperforming.
If you wonder what could be one of the reasons for that potential capitulation event / black swan later, take a look at the #USOIL (WTI CRUDE OIL) chart (second image), and the recent geopolitical tensions. In any case, charts first, then the news.
Bullish for now.
Still waiting for $BTC to reclaim those $90k-91k to give the bullish confirmation. That would be the trigger for some very good green days, with privacy likely outperforming.
If you wonder what could be one of the reasons for that potential capitulation event / black swan later, take a look at the #USOIL (WTI CRUDE OIL) chart (second image), and the recent geopolitical tensions. In any case, charts first, then the news.
Bullish for now.
β€401π148π141π₯50
CryptoCapo TG
#SILVER (XAG) update 4 months later, nearly a 3x bullish move β
Now many are talking about it, but very few were doing so a few months ago. For those who are late to it, because the current move is overextended, $XMR looks very similar (accumulation rangeβ¦
Silver down 30%, exactly when everyone was talking about it.
$XMR holding really well against $BTC. Reclaim $500 and we should see $1,000 and higher.
Have a good weekend.
$XMR holding really well against $BTC. Reclaim $500 and we should see $1,000 and higher.
Have a good weekend.
β€341π147π140π₯81
CryptoCapo TG
Privacy coins could still see one last leg down before real bullish acceleration. Many of them have been strongly outperforming and are now approaching short-term resistance levels. As a reference, key support levels for the two majors: $XMR: $450-500 $ZEC:β¦
Both $XMR and $ZEC have reached their respective targets for the correction and are now sitting at major HTF support zones.
I prefer Monero because the XMR/ZEC chart looks bullish and for some other reasons. Also low caps like $ARRR and some others
As mentioned on X yesterday, this looks like peak fear in the market. There have been many liquidations and sentiment could not be worse.
Bounce soon.
I prefer Monero because the XMR/ZEC chart looks bullish and for some other reasons. Also low caps like $ARRR and some others
As mentioned on X yesterday, this looks like peak fear in the market. There have been many liquidations and sentiment could not be worse.
Bounce soon.
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CryptoCapo TG
It looks like a bear trap.
Who remembers the infamous ''Xi pump'' of 2019?
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CryptoCapo TG
$BTC - Keep it simple Short-term bounces can happen, but the main support acts like a magnet. If Bitcoin aggressively drops to those levels, which remains likely, expect altcoins to drop a further 60%-80%.
$BTC - HTF idea
Bitcoin has just touched the 2024 ATH level, entering into the ''main support zone''.
Sentiment remains very negative, with the F&G index at extreme fear for several days and many calling for lower. Also, there are lots of sensationalist headlines.
Now is probably the worst time to be bearish / sell.
Personally I don't trade/hold Bitcoin, as I've said before. Just using it as a reference.
Ignore the noise and trust the plan.
Bitcoin has just touched the 2024 ATH level, entering into the ''main support zone''.
Sentiment remains very negative, with the F&G index at extreme fear for several days and many calling for lower. Also, there are lots of sensationalist headlines.
Now is probably the worst time to be bearish / sell.
Personally I don't trade/hold Bitcoin, as I've said before. Just using it as a reference.
Ignore the noise and trust the plan.
β€516π234π192π₯106
#ALTCOINS
Still at major HTF support. Same plan.
Strong bounce (short squeeze), then bearish continuation.
Still at major HTF support. Same plan.
Strong bounce (short squeeze), then bearish continuation.
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CryptoCapo TG
$XLM Looking to buy some between $0.15β0.20 (current price: $0.385), if the main idea plays out. It should eventually reach a new ATH, as it is expected to play a key role in the new economic system.
$XLM update
Another altcoin that has entered a major support zone / buy zone.
Once again, some panic and sell. We stick to the plan and buy.
Have a good weekend.
Another altcoin that has entered a major support zone / buy zone.
Once again, some panic and sell. We stick to the plan and buy.
Have a good weekend.
β€295π152π98π₯52
CryptoCapo TG
Both $XMR and $ZEC have reached their respective targets for the correction and are now sitting at major HTF support zones. I prefer Monero because the XMR/ZEC chart looks bullish and for some other reasons. Also low caps like $ARRR and some others As mentionedβ¦
$XMR update
I was expecting the retracement to end at the pure range high ($400-500), but it went lower, mainly due to the overall market correction of early February. Also it seems many people were overleveraged so liquidations took it lower. Avoid using leverage.
If you zoom out to the 3M chart, the range high retest is very clean, and the HTF trend is intact.
XMR/BTC pair looks ready for bullish continuation as well.
This remains my biggest bag, and I'm holding it for the long-term. So every dip becomes an opportunity to buy more. But once again, leverage and emotions will only shake you out.
Disclaimer: NOT financial advice
I was expecting the retracement to end at the pure range high ($400-500), but it went lower, mainly due to the overall market correction of early February. Also it seems many people were overleveraged so liquidations took it lower. Avoid using leverage.
If you zoom out to the 3M chart, the range high retest is very clean, and the HTF trend is intact.
XMR/BTC pair looks ready for bullish continuation as well.
This remains my biggest bag, and I'm holding it for the long-term. So every dip becomes an opportunity to buy more. But once again, leverage and emotions will only shake you out.
Disclaimer: NOT financial advice
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