Yesterday, Bitcoin continued its rotation within a narrow range. Expectations remain the same: a liquidity grab above, followed by a test of the $85,000–$88,000 sell zone (high-volume area), from which a decline is highly likely within this week.
An alternative scenario would be a strong breakout of this zone on high volume. In this case, we would consider it as a mirror support upon price retracement.
Sell Zones:
$85,000–$88,000 (high-volume area)
$95,000–$96,700 (accumulated volumes)
$97,500–$98,400 (aggressive buying volumes)
$107,000–$109,000 (volume anomalies)
Buy Zones:
$77,000–$73,000 (volume anomalies, aggressive buying volumes)
Interesting Altcoins
For POPCAT, we are considering long entries based on two scenarios:
Break and hold above the $0.192–$0.188 zone, entering long on a retest.
Test of the $0.18–$0.175 zone with a strong reaction.
Both scenarios are marked on the chart:
An alternative scenario would be a strong breakout of this zone on high volume. In this case, we would consider it as a mirror support upon price retracement.
Sell Zones:
$85,000–$88,000 (high-volume area)
$95,000–$96,700 (accumulated volumes)
$97,500–$98,400 (aggressive buying volumes)
$107,000–$109,000 (volume anomalies)
Buy Zones:
$77,000–$73,000 (volume anomalies, aggressive buying volumes)
Interesting Altcoins
For POPCAT, we are considering long entries based on two scenarios:
Break and hold above the $0.192–$0.188 zone, entering long on a retest.
Test of the $0.18–$0.175 zone with a strong reaction.
Both scenarios are marked on the chart:
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Unlock your potential in trading
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.