All COFO FEED

CoFo Lab Market Watch: Smooth Decline

Analysis and Forecasts
2023-11-23 20:06:04
270

Minor pullbacks today with decreasing volatility and prices. Absorption less than 50% so far.

Analysis of CoFo Scout readings

CoFo Scout shows market hesitation to decline further. Short dominance on lower timeframes fading. M15 flipped long.

Cryptos at bifurcation point - either continued growth & longs transitioning to higher timeframes, or short-term shorts being confirmed.

No reliable short signals yet. Longs confirmed on medium and higher timeframes but signals not strong enough for unambiguous interpretation.

 

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