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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Hidden bearish divergences on several timeframes, SPX going for a new local low, DXY bouncing...
I think we see another sell-off below $60k.
I think we see another sell-off below $60k.
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GM
We saw another sell-off below $60k, as was likely. Price took some more liquidity from there and bounced. Now the question is... is the local bottom in?
There's still a lot of liquidity between $57k-59k, and now more from early longs, and this looks like a DCB. It's possible that we see another dump to this zone to take even more liquidity and shakeout the early longs, but could not happen as well.
We saw another sell-off below $60k, as was likely. Price took some more liquidity from there and bounced. Now the question is... is the local bottom in?
There's still a lot of liquidity between $57k-59k, and now more from early longs, and this looks like a DCB. It's possible that we see another dump to this zone to take even more liquidity and shakeout the early longs, but could not happen as well.
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"If you don’t talk about war, you are not empathetic''. ''The market is dumping because of the missiles...''
Well, there's always going to be a narrative.
Wars are created by those in power, in order to gain more power and satisfy their egos. They don’t care about people suffering, only about themselves. They also divide people into two sides. But there are two real sides: those who create the war, and those who suffer.
Putting a flag on your profile picture or arguing with anonymous people on the internet won't help; it will only create more division.
I encourage all who are able to consider supporting relief efforts, which are crucial in providing aid to those affected by the war. Money donated through official channels often gets lost along the way. If you can donate directly, that's perfect. And if you can help someone nearby who is directly affected, even better. But if not, the best thing you can do is dedicate your energy to maintaining a positive attitude and doing good for your close ones.
The war has been ongoing for several weeks already and it was one of the potential reasons to see a correction. If you preferred to ignore it just because the price was going up, that's on you. But some others tried to warn about it.
So there's little we can do about it, except to adapt.
Well, there's always going to be a narrative.
Wars are created by those in power, in order to gain more power and satisfy their egos. They don’t care about people suffering, only about themselves. They also divide people into two sides. But there are two real sides: those who create the war, and those who suffer.
Putting a flag on your profile picture or arguing with anonymous people on the internet won't help; it will only create more division.
I encourage all who are able to consider supporting relief efforts, which are crucial in providing aid to those affected by the war. Money donated through official channels often gets lost along the way. If you can donate directly, that's perfect. And if you can help someone nearby who is directly affected, even better. But if not, the best thing you can do is dedicate your energy to maintaining a positive attitude and doing good for your close ones.
The war has been ongoing for several weeks already and it was one of the potential reasons to see a correction. If you preferred to ignore it just because the price was going up, that's on you. But some others tried to warn about it.
So there's little we can do about it, except to adapt.
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