Bitcoin and altcoin overview (December 25-26)
Yesterday, Bitcoin resumed its upward movement without capturing liquidity below the lower level.
We have now completed the local downtrend and shifted to a sideways phase.
In the near term, we should expect rotation within the $99,600-$92,300 range with potential false expansions in both directions.
A consolidation above the nearest selling zone will set the potential for movement towards ATH.
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
On AUCTION coin, a break has occurred, and we're considering further shorting upon retracement to the selling zone of $21.8-$23.1 and reaction.
We have now completed the local downtrend and shifted to a sideways phase.
In the near term, we should expect rotation within the $99,600-$92,300 range with potential false expansions in both directions.
A consolidation above the nearest selling zone will set the potential for movement towards ATH.
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
On AUCTION coin, a break has occurred, and we're considering further shorting upon retracement to the selling zone of $21.8-$23.1 and reaction.
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