Todos COFO FEED

CoFo Lab Market Review: Bullish Rally?

Analysis and Forecasts
2023-10-19 19:00:00
176

Bulls successfully seized initiative in the afternoon.

CoFo Scout

BTC

Dominant direction: Short

Dominance Rate: 5% of 100%

Dominance on timeframes: 60% of 100%

ETH

Dominant direction: Long

Dominance Rate: 20% of 100%

Dominance on timeframes: 85% of 100%

HFT

Dominant direction: Long

Dominance Rate: 32% of 100%

Dominance on timeframes: 100% of 100%

DOT

Dominant direction: Long

Dominance Rate: 37% of 100%

Dominance on timeframes: 100% of 100%

SUI

Dominant direction: Long

Dominance Rate: 36% of 100%

Dominance on timeframes: 90% of 100%

Short-term long dominance prevailed, reversing the morning picture. Rising timeframe indicators.

Assets and Charts

BTC traded locally flat. Buyers pressuring upper limits.

Many altcoins now balancing toward buys. Strong local buyers. Medium-term still downward corrections but significant rollback levels reached. Range top reactions will determine if momentum can continue.

Notable Situations

Watching HFT and SUI with highest long CoFo Scout dominances and timeline syncs.

In summary: Long dominance, weak long sync, local flat BTC, range top tests.

 

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