$74k-75k is a strong resistance.
We could expect a short-term retracement once that zone is reached.
We could expect a short-term retracement once that zone is reached.
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CryptoCapo TG
$74k-75k is a strong resistance. We could expect a short-term retracement once that zone is reached.
$BTC
$74k-75k zone reached ✅
I think this is where we see a short-term correction, maybe towards $69k-70k. Then after that retracement, altcoins should really start outperforming (not only ETH like now, but many others)
This current short-term move is very overextended, this is a strong resistance, and emotions are peaking.
Important:
I'm not turning bearish. I'm mainly bullish for the next few weeks and just riding the entire wave holding a spot portfolio.
These short-term retracements are likely going to be distractions, but it's important to keep them in mind so we are mentally prepared.
$74k-75k zone reached ✅
I think this is where we see a short-term correction, maybe towards $69k-70k. Then after that retracement, altcoins should really start outperforming (not only ETH like now, but many others)
This current short-term move is very overextended, this is a strong resistance, and emotions are peaking.
Important:
I'm not turning bearish. I'm mainly bullish for the next few weeks and just riding the entire wave holding a spot portfolio.
These short-term retracements are likely going to be distractions, but it's important to keep them in mind so we are mentally prepared.
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GM
I still expect a short-term correction (shakeout) of 5%-20%, depending on the coin.
Not ruling out a last LTF leg up towards $80k, but many altcoins are hitting resistance and sentiment is getting way too overheated.
Once again, I'm not selling. In fact, I'll be looking to add to my spot bags if that shakeout happens.
Let's have a great week!
I still expect a short-term correction (shakeout) of 5%-20%, depending on the coin.
Not ruling out a last LTF leg up towards $80k, but many altcoins are hitting resistance and sentiment is getting way too overheated.
Once again, I'm not selling. In fact, I'll be looking to add to my spot bags if that shakeout happens.
Let's have a great week!
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Forwarded from CryptoCapo TG
Important reminder:
I received the message in the screenshot today.
Telegram sometimes shows random Ads here, not related to my content. I don't control them.
I don't have any paid groups for now.
So if you see an ad for a "premium channel" or a "VIP group", it is NOT mine.
Have a good weekend.
I received the message in the screenshot today.
Telegram sometimes shows random Ads here, not related to my content. I don't control them.
I don't have any paid groups for now.
So if you see an ad for a "premium channel" or a "VIP group", it is NOT mine.
Have a good weekend.
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Most coins remain sideways/correcting.
Still expecting a final 10%-20% shakeout before bullish continuation.
Still expecting a final 10%-20% shakeout before bullish continuation.
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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:…
$ZEC update ✅
It took much longer than expected, but $ZEC found support at around $200-300 in February-March, and now finally reached the $900 target (even $1,000)
Now a short-term local top / retracement is likely, like for the rest of the crypto market.
It took much longer than expected, but $ZEC found support at around $200-300 in February-March, and now finally reached the $900 target (even $1,000)
Now a short-term local top / retracement is likely, like for the rest of the crypto market.
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“The task is ... not so much to see what no one has yet seen; but to think what nobody has yet thought, about that which everybody sees.”
― Erwin Schrödinger
Have a good Sunday!
― Erwin Schrödinger
Have a good Sunday!
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“When everything is about you, there is little room left for anyone else.”
Always remember to look out for others, especially those who care about you. You don't know what they might be going through...
Let's have a great week.
Always remember to look out for others, especially those who care about you. You don't know what they might be going through...
Let's have a great week.
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Memecoins are useless by default, but seeing what’s launching lately is a whole different level...
The market really needs a strong, quick shakeout before continuing higher.
The market really needs a strong, quick shakeout before continuing higher.
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After riding this wave from the low $60ks, I remain cautious short-term.
This looks very overextended for now, and seems like the market is going to flush some leverage and reset indicators before continuing higher.
This looks very overextended for now, and seems like the market is going to flush some leverage and reset indicators before continuing higher.
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