Yesterday, Bitcoin got squeezed into an even tighter sideways range near the upper boundary of the range.
A full false breakout of the $99,600 level with liquidity capture did not follow.
At the moment, we have transitioned to a decline. On the cumulative delta, we observe absorption of sells through limit orders, therefore we prioritize expecting a resumption of buying through a false breakout of the lower boundary at $92,300 or upon formation of a signal within the range.
Buy zones: level $92,300 (local low), ~$80,000 (volume anomaly), $77,000-$74,000 (major volume zone).
Sell zone: $100,000-$102,000 (mirror volume zone).
Interesting altcoins
For KOMA below we have 2 strong volume zones $0.146-$0.134 and $0.121-$0.116, upon testing them and seeing a reaction we open a long position.
A full false breakout of the $99,600 level with liquidity capture did not follow.
At the moment, we have transitioned to a decline. On the cumulative delta, we observe absorption of sells through limit orders, therefore we prioritize expecting a resumption of buying through a false breakout of the lower boundary at $92,300 or upon formation of a signal within the range.
Buy zones: level $92,300 (local low), ~$80,000 (volume anomaly), $77,000-$74,000 (major volume zone).
Sell zone: $100,000-$102,000 (mirror volume zone).
Interesting altcoins
For KOMA below we have 2 strong volume zones $0.146-$0.134 and $0.121-$0.116, upon testing them and seeing a reaction we open a long position.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Unlock your potential in trading
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.