All COFO FEED

CoFo Lab Market Review: Shorts Continue to Unwind

Analysis and Forecasts
2023-11-14 19:02:59
239

Corrections continued intraday. Weakening CoFo Scout shorts.

Analysis of CoFo Scout readings

Longs now locally dominate, strengthening through the day. Below minimum thresholds but competing with medium-term short signal strength.

On BTC, local long intensification by evening. Not high but not insignificant either. Shorts only remain medium-term.

Fragmented altcoins. Some dominant direction reversals to longs. Most show local long sync with double-digit intensity values.

Summary

Relevant bull trend persists. CoFo Scout records the correction. Awaiting full pullback remains wise for new positions.

Unchanged intraday CoFo Scout market picture. Ongoing signal monitoring.

 

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

Similar news