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.
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#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.
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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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