CryptoCapo TG
$XMR I closed all the longs yesterday, just keeping the spot bag which I'll just hold for several years. Many late longs are entering here, and the current leg looks overextended. I will buy more if it retests previous broken main resistance (S/R flip).
Quick market update
Short-term correction keeps playing out.
Indeed, $XMR wave was overextended and late longs are getting punished. Perfect timing for closing the longs.
$BTC has the demand zone at $92k-93k which acts like a magnet, but not ruling out a quick pump to $96k soon.
Basically, lower before higher. Have a good Sunday.
Short-term correction keeps playing out.
Indeed, $XMR wave was overextended and late longs are getting punished. Perfect timing for closing the longs.
$BTC has the demand zone at $92k-93k which acts like a magnet, but not ruling out a quick pump to $96k soon.
Basically, lower before higher. Have a good Sunday.
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GM
$92k-93k reached ✅
Local bottom likely to be formed around here. Bullish continuation soon.
$92k-93k reached ✅
Local bottom likely to be formed around here. Bullish continuation soon.
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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: $300
I will share some more low caps during this week, apart from $ARRR.
As a reference, key support levels for the two majors:
$XMR: $450-500
$ZEC: $300
I will share some more low caps during this week, apart from $ARRR.
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CryptoCapo TG
GM $92k-93k reached ✅ Local bottom likely to be formed around here. Bullish continuation soon.
$BTC going a bit lower, but the idea is the same. Let's see how it reacts here.
https://x.com/CryptoCapo_/status/2013537734476935348?s=20
https://x.com/CryptoCapo_/status/2013537734476935348?s=20
X (formerly Twitter)
il Capo Of Crypto (@CryptoCapo_) on X
$BTC
Support zone here.
Hold this and $100k levels should be next.
This could be an important higher low for the entire crypto market, before strong bullish continuation.
Support zone here.
Hold this and $100k levels should be next.
This could be an important higher low for the entire crypto market, before strong 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:…
$XMR reaching support zone. I'm buying more here at $450-500.
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Some panic and sell. We stay calm, follow the plan, and buy.
Good night.
Good night.
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Price is back in the $84k-90k range, same as where it was most of the time since it reached a local bottom on November 21st.
So the idea is basically the same, just delayed in time:
Reclaim $90k -> $95k
Reclaim $95k -> $100k levels
This is a likely scenario. I don't trade $BTC, I use it purely as a market reference. My crypto portfolio is mostly privacy coins, being $XMR the biggest bag.
Enjoy the weekend.
So the idea is basically the same, just delayed in time:
Reclaim $90k -> $95k
Reclaim $95k -> $100k levels
This is a likely scenario. I don't trade $BTC, I use it purely as a market reference. My crypto portfolio is mostly privacy coins, being $XMR the biggest bag.
Enjoy the weekend.
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