Bitcoin and altcoin overview (November 08-09)
Yesterday, Bitcoin tested the local high once again, but the update was relatively weak. Currently, it is more likely that we will retest the significant volume zone of $75,000-$73,500, from which a buyer's reaction and a resumption of purchases are expected. If there is no reaction, we will shift to a downward structure.
Buy zones: $75,000-$73,500 (volume anomalies, accumulated volumes), $71,400-$70,800 (mirror volume zone), $63,100-$62,500 (mirror volume zone), $60,000-$59,000 (buyer activity).
Interesting altcoins.
For SUI, we may see a decent correction soon after its growth. The cumulative delta has been rising throughout the accumulation period, which could indicate the seller holding positions through limit orders. We are considering a short position if there is a breakout of the trendline and a retest of the volume zone at $2.27-$2.334, or in case of a false breakout of the local high.
Buy zones: $75,000-$73,500 (volume anomalies, accumulated volumes), $71,400-$70,800 (mirror volume zone), $63,100-$62,500 (mirror volume zone), $60,000-$59,000 (buyer activity).
Interesting altcoins.
For SUI, we may see a decent correction soon after its growth. The cumulative delta has been rising throughout the accumulation period, which could indicate the seller holding positions through limit orders. We are considering a short position if there is a breakout of the trendline and a retest of the volume zone at $2.27-$2.334, or in case of a false breakout of the local high.
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.