All COFO FEED

CoFo Lab Market Overview: Volatility Numb

Analysis and Forecasts
2023-10-17 11:55:52
168

Accumulation in yesterday's news candle tail. Some short-term short signals present.

What clues does the Collective Forecast toolkit provide?

CoFo Scout

Let's check the Collective Forecast survey:

Key Metrics

BTC

Dominant direction: Long

Dominance Rate: 3% of 100%

Dominance on timeframes: 54% of 100%

ETH

Dominant direction: Short

Dominance Rate: 3% of 100%

Dominance on timeframes: 54% of 100%

HFT

Dominant direction: Long

Dominance Rate: 34% of 100%

Dominance on timeframes: 100% of 100%

NEAR

Dominant direction: Short

Dominance Rate: 24% of 100%

Dominance on timeframes: 86% of 100%

Assets and Charts

Fleeting panic, but time needed to decide further moves and exit volatility. Sideways actions possible.

Leveled timeframe picture now. Some new medium-term short signals emerged but insignificant.

BTC slowly grew but held back by fake news buyers now closing.

Sellers broke some altcoin ascending structures.

Notable Situations

AAVE began expected decline, but dissolved indicators may limit seller success.

Watch HFT and NEAR with highest CoFo Scout dominances and timeline syncs.

In summary: Mixed dominance, timeframes, and insignificant signals. Market froze seeking direction. Sideways likely.

Only login in users can review, please log in or signup

Similar news