GM
BTC is at resistance and the liquidity below $60k remains untouched.
However, even if BTC goes for that liquidity, many altcoins could just ''fill the wick'' and would not make a new low. I think the local bottom for some alts is in, but for others, it's not yet.
Therefore, I'm still waiting, but I plan to start buying some alts at a discount soon.
BTC is at resistance and the liquidity below $60k remains untouched.
However, even if BTC goes for that liquidity, many altcoins could just ''fill the wick'' and would not make a new low. I think the local bottom for some alts is in, but for others, it's not yet.
Therefore, I'm still waiting, but I plan to start buying some alts at a discount soon.
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CryptoCapo TG
GM BTC is at resistance and the liquidity below $60k remains untouched. However, even if BTC goes for that liquidity, many altcoins could just ''fill the wick'' and would not make a new low. I think the local bottom for some alts is in, but for others,…
Visual representation of the idea, low timeframe.
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Expecting another sell-off soon, probably the last one of this corrective wave.
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CryptoCapo TG
SL moved to breakeven.
CRO
Stop was hit at breakeven. Shorted again from a bit higher.
Stop was hit at breakeven. Shorted again from a bit higher.
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CryptoCapo TG
ETH Expecting a test to the $2800-3000 support level.
ETH
It reached the target and bounced off the $2800-3000 support zone.
Now it's also at resistance. I expect a last leg down into the same support zone, maybe a bit lower ($2700-2800).
It reached the target and bounced off the $2800-3000 support zone.
Now it's also at resistance. I expect a last leg down into the same support zone, maybe a bit lower ($2700-2800).
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CryptoCapo TG
GM BTC is at resistance and the liquidity below $60k remains untouched. However, even if BTC goes for that liquidity, many altcoins could just ''fill the wick'' and would not make a new low. I think the local bottom for some alts is in, but for others,…
Same plan as yesterday.
Another leg down to take the liquidity below $60k, but not every altcoin would make a new low.
Another leg down to take the liquidity below $60k, but not every altcoin would make a new low.
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CryptoCapo TG
Memecoins overview Memecoins had a solid bullish run these past few weeks, meaning money was flowing from majors to low caps. Now they are hitting important htf resistances, and the PA is looking weak. We should expect a correction here, same as with the…
Memecoins update
They followed the plan perfectly, being the ones dumping the most.
Now they have bounced off support like the rest of the market, but we could expect a second retest if BTC goes to sub $60k, which is likely in my opinion.
In the charts you have examples of what I mean by ''fill the wick''
They followed the plan perfectly, being the ones dumping the most.
Now they have bounced off support like the rest of the market, but we could expect a second retest if BTC goes to sub $60k, which is likely in my opinion.
In the charts you have examples of what I mean by ''fill the wick''
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CryptoCapo TG
CRO Stop was hit at breakeven. Shorted again from a bit higher.
SL moved to breakeven again.
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BTC is finally reaching the liquidity zone below $60k. I'd say a local bottom could be formed between $57k-59k.
This is a key moment. Let's see how things develop.
This is a key moment. Let's see how things develop.
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CryptoCapo TG
CRO Stop was hit at breakeven. Shorted again from a bit higher.
CRO
Letting this run with the stop at BE.
Letting this run with the stop at BE.
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