Bitcoin and altcoins overview(May 17-18)
Yesterday, Bitcoin underwent a minor correction from the seller's zone we had previously identified, but we fell slightly short of reaching the buyer's zone at $63,500-$64,500 (push volumes).
Currently, the global long scenario remains in effect. You can join it when testing lower zones.
Buyer's zones: $63,500-$64,500(push volumes), $61,200-$60,400 (volume zone remains) $58,500-$57,000 (volume anomalies).
Seller's zones: $69,400-$71,000 (market seller aggression and absorption of purchases), $71,800-$72,500 (volume zone).
Interesting altcoins.
There's currently a weak correctional movement happening with TRB, you can consider longs from two zones marked below: $95-$90; $75-$68.
We do not long the coin until the trand line is broken!
Currently, the global long scenario remains in effect. You can join it when testing lower zones.
Buyer's zones: $63,500-$64,500(push volumes), $61,200-$60,400 (volume zone remains) $58,500-$57,000 (volume anomalies).
Seller's zones: $69,400-$71,000 (market seller aggression and absorption of purchases), $71,800-$72,500 (volume zone).
Interesting altcoins.
There's currently a weak correctional movement happening with TRB, you can consider longs from two zones marked below: $95-$90; $75-$68.
We do not long the coin until the trand line is broken!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Unlock your potential in trading
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.