Yesterday for Bitcoin, as expected, we transitioned to a local correction from the global sell zone.
At the moment, we have reached the first resistance zone - prices around $63,000. Sales are quite weak, but we don't see any signs of protection for this zone, except for a small decorrelation in cumulative delta.
The main expectations are for the downward movement to continue to the next buyer's zone.
Globally, we expect a resumption of the upward movement, either after breaking through the downward trendline within which we are declining, or after a volumetric reaction from the buyer in the marked zones.
Buy zones: $61,500-$60,600 (accumulated volumes), $59,550-$59,000 (accumulated volumes), level $56,100, $52,000-$50,000 (volume anomalies), level $48,000.
Sell zones and near-term targets: $67,000-$68,300 (mirror volume zone), $70,000 (round number, market seller aggression).
Interesting altcoins
For the NULS coin, during the rise, a zone with volume anomalies formed at $0.52-$0.55, from which a reaction to sell should be expected.
The situation is similar for the JUP coin. We received positioning from the $0.88-$0.90 zone for selling. We consider a short position upon retesting this zone.
At the moment, we have reached the first resistance zone - prices around $63,000. Sales are quite weak, but we don't see any signs of protection for this zone, except for a small decorrelation in cumulative delta.
The main expectations are for the downward movement to continue to the next buyer's zone.
Globally, we expect a resumption of the upward movement, either after breaking through the downward trendline within which we are declining, or after a volumetric reaction from the buyer in the marked zones.
Buy zones: $61,500-$60,600 (accumulated volumes), $59,550-$59,000 (accumulated volumes), level $56,100, $52,000-$50,000 (volume anomalies), level $48,000.
Sell zones and near-term targets: $67,000-$68,300 (mirror volume zone), $70,000 (round number, market seller aggression).
Interesting altcoins
For the NULS coin, during the rise, a zone with volume anomalies formed at $0.52-$0.55, from which a reaction to sell should be expected.
The situation is similar for the JUP coin. We received positioning from the $0.88-$0.90 zone for selling. We consider a short position upon retesting this zone.
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.
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.