il Capo of Crypto TA FREE

BTC

Several people have sent me screenshots showing incredible profits from the SOL long positions, and I'm very grateful for your kind words thanking me. However, I noticed that the leverage used by some of you was very high. It's important to remember that none of the information provided is financial advice, and that trading with high leverage carries significant risks. Thank you for your attention and engagement!

Added a bit more to the SOL long. Avg. entry = $133.71

SOL It reached an important support level (S/R flip), and it looks like a potential double bottom formation, same as many other altcoins. I entered a long here.

Solid reaction from the $57k-$59k liquidity zone.

ETH/BTC Deviation below the range low. Looking good for a move to the mid-range. The next decision on the approval of Ethereum ETFs is expected by May 23, 2024. This could be a narrative for the move up.

ZCX update Several touches to the re-adjusted range high, using it as support. BTC pair keeps looking good. Adding a bit more to this one.

ETH $2700-$2800 support reached.

OTHERS (Altcoins market cap) update It finally reached support and it's forming a potential double bottom. I'm buying some low cap altcoins here. Not sure about new highs, but we could see a decent bounce from current levels.

Market update BTC has reached the $57k-$59k key level, and ETH $2700-$2800. What should we expect now? We could see a ltf local bottom formation here, but for that we need ltf bullish PA. There's considerable demand below these levels, which is good. But until we see a strong reaction or confirmation, I would be cautious before entering any position. I have taken profits from my CRO and BNB shorts. They could go lower, but the profits are very good already, and we are currently at a support level. Let's see how prices respond here. Sitting on my hands for now until I see a ltf reversal.