CryptoCapo TG
$BTC - Keep it simple Short-term bounces can happen, but the main support acts like a magnet. If Bitcoin aggressively drops to those levels, which remains likely, expect altcoins to drop a further 60%-80%.
$BTC - HTF idea
Bitcoin has just touched the 2024 ATH level, entering into the ''main support zone''.
Sentiment remains very negative, with the F&G index at extreme fear for several days and many calling for lower. Also, there are lots of sensationalist headlines.
Now is probably the worst time to be bearish / sell.
Personally I don't trade/hold Bitcoin, as I've said before. Just using it as a reference.
Ignore the noise and trust the plan.
Bitcoin has just touched the 2024 ATH level, entering into the ''main support zone''.
Sentiment remains very negative, with the F&G index at extreme fear for several days and many calling for lower. Also, there are lots of sensationalist headlines.
Now is probably the worst time to be bearish / sell.
Personally I don't trade/hold Bitcoin, as I've said before. Just using it as a reference.
Ignore the noise and trust the plan.
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#ALTCOINS
Still at major HTF support. Same plan.
Strong bounce (short squeeze), then bearish continuation.
Still at major HTF support. Same plan.
Strong bounce (short squeeze), then bearish continuation.
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CryptoCapo TG
$XLM Looking to buy some between $0.15–0.20 (current price: $0.385), if the main idea plays out. It should eventually reach a new ATH, as it is expected to play a key role in the new economic system.
$XLM update
Another altcoin that has entered a major support zone / buy zone.
Once again, some panic and sell. We stick to the plan and buy.
Have a good weekend.
Another altcoin that has entered a major support zone / buy zone.
Once again, some panic and sell. We stick to the plan and buy.
Have a good weekend.
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CryptoCapo TG
Both $XMR and $ZEC have reached their respective targets for the correction and are now sitting at major HTF support zones. I prefer Monero because the XMR/ZEC chart looks bullish and for some other reasons. Also low caps like $ARRR and some others As mentioned…
$XMR update
I was expecting the retracement to end at the pure range high ($400-500), but it went lower, mainly due to the overall market correction of early February. Also it seems many people were overleveraged so liquidations took it lower. Avoid using leverage.
If you zoom out to the 3M chart, the range high retest is very clean, and the HTF trend is intact.
XMR/BTC pair looks ready for bullish continuation as well.
This remains my biggest bag, and I'm holding it for the long-term. So every dip becomes an opportunity to buy more. But once again, leverage and emotions will only shake you out.
Disclaimer: NOT financial advice
I was expecting the retracement to end at the pure range high ($400-500), but it went lower, mainly due to the overall market correction of early February. Also it seems many people were overleveraged so liquidations took it lower. Avoid using leverage.
If you zoom out to the 3M chart, the range high retest is very clean, and the HTF trend is intact.
XMR/BTC pair looks ready for bullish continuation as well.
This remains my biggest bag, and I'm holding it for the long-term. So every dip becomes an opportunity to buy more. But once again, leverage and emotions will only shake you out.
Disclaimer: NOT financial advice
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Would you like to have comments reopened on X for healthy debate and feedback?
Final Results
58%
Yes, do it
22%
No, keep it clean
19%
I'm fine either way
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CryptoCapo TG
$BCH Surprisingly strong HTF setup. Hardly anyone is talking about it.
$BCH
As clean as it gets. Still bullish on this one.
As clean as it gets. Still bullish on this one.
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Never trust a Sunday dump. Expecting bullish continuation soon and a bullish week.
I hope you've enjoyed the weekend.
I hope you've enjoyed the weekend.
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CryptoCapo TG
$XLM update Another altcoin that has entered a major support zone / buy zone. Once again, some panic and sell. We stick to the plan and buy. Have a good weekend.
$XLM
Liquidity is also resting above.
Liquidity is also resting above.
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Not ruling out the possibility of a quick last dump to $65k, but we should see bullish acceleration soon, with targets over $85k and altcoins outperforming.
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Bullish confirmation would be a clean 4H candle close above $72k. If that happens, we should see 'up only' into March.
https://x.com/CryptoCapo_/status/2024440472253444328?s=20
https://x.com/CryptoCapo_/status/2024440472253444328?s=20
X (formerly Twitter)
il Capo Of Crypto (@CryptoCapo_) on X
I understand current market conditions aren't great for everyone, but we try to make the best out of it.
Based on my analysis, and as said before, I'm bullish. A local bottom should be forming here, and with all the liquidity building up above, a strong…
Based on my analysis, and as said before, I'm bullish. A local bottom should be forming here, and with all the liquidity building up above, a strong…
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CryptoCapo TG
$BTC - Keep it simple Short-term bounces can happen, but the main support acts like a magnet. If Bitcoin aggressively drops to those levels, which remains likely, expect altcoins to drop a further 60%-80%.
$BTC - Before and Now
Price went straight to the magnet. This is one of the strongest HTF support zones.
Keep it simple.
Price went straight to the magnet. This is one of the strongest HTF support zones.
Keep it simple.
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