Bitcoin and altcoin overview (December 24-25)
Yesterday, Bitcoin continued its decline.
We don't observe strong buying activity yet, so in the near future, a test of the local minimum of $92,300 is most likely to capture additional liquidity. According to cumulative delta, there is absorption of sales through limit orders, which increases the probability of a false breakout and the development of an upward movement from these levels to $100,000.
Buy zones: level $92,300 (local low), ~$80,000 (volume anomaly), $77,000-$74,000 (large volume zone).
Sell zone: $100,000-$102,000 (mirror volume zone).
Interesting altcoins
For STMX, we are considering one of the marked scenarios.
At the moment, we have received a reaction from an important volume zone, and if false breakouts of the marked levels occur, a correction should be considered.
We don't observe strong buying activity yet, so in the near future, a test of the local minimum of $92,300 is most likely to capture additional liquidity. According to cumulative delta, there is absorption of sales through limit orders, which increases the probability of a false breakout and the development of an upward movement from these levels to $100,000.
Buy zones: level $92,300 (local low), ~$80,000 (volume anomaly), $77,000-$74,000 (large volume zone).
Sell zone: $100,000-$102,000 (mirror volume zone).
Interesting altcoins
For STMX, we are considering one of the marked scenarios.
At the moment, we have received a reaction from an important volume zone, and if false breakouts of the marked levels occur, a correction should be considered.
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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.