GM! π
The altcoins index keeps making new highs and is about to give the second bullish confirmation. Also, BTC seems to be consolidating above the $65k key level.
The altcoins index keeps making new highs and is about to give the second bullish confirmation. Also, BTC seems to be consolidating above the $65k key level.
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CryptoCapo TG
Nice $ETH bounce and more demand being added. This is a good sign. Remember that the main bullish confirmation is a reclaim of $2,800.
$ETH is about to trigger the main bullish confirmation.
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Expecting a bit of overall retracement/consolidation during these days, warming up for October. Great things coming.
Wishing everyone a blessed weekend!
Wishing everyone a blessed weekend!
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CryptoCapo TG
Many altcoins, especially low caps, are giving very good returns these days. And in my opinion, the altseason hasn't even started yet. The altcoins market cap index (OTHERS) is giving its first bullish confirmation, which is a very good sign and could indicateβ¦
#ALTCOINS - Zoomed in
After giving the first bullish confirmation by breaking the downtrend from March, its now testing the major pivot level as resistance. We could expect some retracement here as the market gets ready for October, which historically tends to be a bullish month. This short-term pullback would align with BTC testing $65k (or slightly lower) as support.
With that said, and as mentioned before, any potential dips are for buying.
After giving the first bullish confirmation by breaking the downtrend from March, its now testing the major pivot level as resistance. We could expect some retracement here as the market gets ready for October, which historically tends to be a bullish month. This short-term pullback would align with BTC testing $65k (or slightly lower) as support.
With that said, and as mentioned before, any potential dips are for buying.
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CryptoCapo TG
$BTC- Zoomed in Major resistance level also for Bitcoin. A pullback to the $64k-65k level would be healthy before bullish continuation.
GM β
The market has retraced as expected. I believe the correction is over, or almost, so Iβm adding more to my bags here.
Let's have a great week ahead!
The market has retraced as expected. I believe the correction is over, or almost, so Iβm adding more to my bags here.
Let's have a great week ahead!
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CryptoCapo TG
$INJ Another interesting bullish htf setup, similar to $FET.
$INJ update
50% up from support.
Strong fundamentals and a solid HTF setup. This is one of the key coins in my majors portfolio.
50% up from support.
Strong fundamentals and a solid HTF setup. This is one of the key coins in my majors portfolio.
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CryptoCapo TG
$BTC- Zoomed in Major resistance level also for Bitcoin. A pullback to the $64k-65k level would be healthy before bullish continuation.
$BTC update
Healthy retracement into support β
Now we need a bounce.
Healthy retracement into support β
Now we need a bounce.
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GM!
The market is bouncing, especially altsπΌ
The market is bouncing, especially alts
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CryptoCapo TG
#ALTCOINS - Zoomed in After giving the first bullish confirmation by breaking the downtrend from March, its now testing the major pivot level as resistance. We could expect some retracement here as the market gets ready for October, which historically tendsβ¦
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$BTC - LTF view
Key level here. Strong demand at the previous lows. A reclaim of $64,500 would be the confirmation for bullish continuation (likely imo)
Altcoins are holding very well compared to BTC, which is a good sign.
Key level here. Strong demand at the previous lows. A reclaim of $64,500 would be the confirmation for bullish continuation (likely imo)
Altcoins are holding very well compared to BTC, which is a good sign.
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Important:
The correction is going lower than expected. However, the plan remains the same. Donβt get distracted by short-term pullbacksβthey are designed to make you doubt and sell your positions.
Stay calm. Keep the bigger picture in mind.
The correction is going lower than expected. However, the plan remains the same. Donβt get distracted by short-term pullbacksβthey are designed to make you doubt and sell your positions.
Stay calm. Keep the bigger picture in mind.
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The market is looking heavy ngl. I wouldn't rule out a final shakeout, 10-20% avg. drop.
If it happens, it would still be a ''buy the dip'' opportunity.
If it happens, it would still be a ''buy the dip'' opportunity.
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CryptoCapo TG
The market is looking heavy ngl. I wouldn't rule out a final shakeout, 10-20% avg. drop. If it happens, it would still be a ''buy the dip'' opportunity.
Approximate targets for potential drop would be BTC $48k-50k, ETH around $2k.
Stay safe.
Stay safe.
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I'm not selling my positions, but hedging. Just in case.
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CryptoCapo TG
#ALTCOINS update Perfect S/R flip. Let's see if it gives the second bullish confirmation soon.
#ALTCOINS update
The altcoins index (OTHERS) never gave the second and main bullish confirmation. Instead, it was strongly rejected from the resistance zone (dark zone), showing weakness. From here, we could see a last drop to the blue ''buy zone''.
No need to worry if this happens. In fact, it could present a great buying opportunity. We have to adapt to what the market gives us.
The altcoins index (OTHERS) never gave the second and main bullish confirmation. Instead, it was strongly rejected from the resistance zone (dark zone), showing weakness. From here, we could see a last drop to the blue ''buy zone''.
No need to worry if this happens. In fact, it could present a great buying opportunity. We have to adapt to what the market gives us.
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