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CoFo Scout: Nailing the Squeeze

Analysis and Forecasts
2024-02-29 16:43:08
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The louder the calls for a top, the stabler the uptrend tends to be — typically bereft of supporting arguments. Pundits make self-contradictory calls to be right once in a blue moon and shout that they have nailed it.

 

Talk is cheap, but CoFo Scout walks the walk. We are not afraid to take actual positions, because CoFo tools work.

 

Watch the moves!

 

Leading into yesterday’s cascade, Scout hit abnormal highs — 100% TF alignment, 40%+ dominance on BTC/ETH. Extremes building across assets, such as SAND, NEO, KSM, touching 35-37%.

 

Market leaders dumped late bulb-chasers. Others followed suit, correcting and decreasing short strength. Assets mentioned above corrected 8-16% off highs.

 

Trading such violent momentum virtually impossible. But Scout accurately identified inflection pre-move.

 

While pundits fill airspace with contradictions, CoFo tools pinpoint turning points. It is data over idle words.

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