All COFO FEED

CoFo Lab Market Review: Silent Day

Analysis and Forecasts
2023-10-27 18:56:00
194

Markets remain within accumulation limits. Some assets see attempted breakouts.

CoFo Scout

BTC

Dominant Direction: Short

Dominance Strength: 20% of 100%

Timeframe Dominance: 91% of 100%

ETH

Dominant direction: Short

Dominance Strength: 2% of 100%

Timeframe Dominance: 53% of 100%

FLOW

Dominant direction: Short

Dominance Rate: 30% of 100%

Timeframe Dominance: 100% of 100%

HTF

Dominant direction: Short

Dominance Strength: 16% of 100%

Timeframe Dominance: 69% of 100%

Locally fragmented signals. Longs predominate and strengthen by evening.

Medium-term short direction domination but fading strength. Shorts moving to global timeframes, longs weaken accordingly.

No dominant direction. Weak dominance strength. Poor timeframe sync.

BTC maintains short dominance.

Altcoin directional signal discrepancy. Some long, some short. But insufficient dominance and sync for decisions everywhere.

In summary: Ranging, accumulating breakout forces. Shorts migrate higher while short-term signals decrease locally.

 

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