Bitcoin and altcoin overview (December 05-06)
Yesterday, Bitcoin captured additional liquidity from below and moved into a pump.
Finally, it managed to break $100,000, and the breakout was genuine.
At the moment, there are no strong fixes that could reverse the price right now. A strong pushing volume has focused at the $100,000 mark, we consider this level and the zone near it as support. In the absence of a reaction, the opposite outcome is probable.
Buy zones: $100,000(volume anomalies, delta imbalance), $99,000-$96,000(accumulated volumes), $92,000-$89,400(accumulated volumes), ~$80,000(volume anomaly), $77,000-$74,000(large volume zone).
Interesting altcoins
For TRX, after the pump, we moved into correction. Currently, volume anomalies have appeared, which are focused in the zone of $0.345-$0.316. After breaking above, we consider a long position. A more conservative approach would be to enter on a retest of this zone after full positioning.
Finally, it managed to break $100,000, and the breakout was genuine.
At the moment, there are no strong fixes that could reverse the price right now. A strong pushing volume has focused at the $100,000 mark, we consider this level and the zone near it as support. In the absence of a reaction, the opposite outcome is probable.
Buy zones: $100,000(volume anomalies, delta imbalance), $99,000-$96,000(accumulated volumes), $92,000-$89,400(accumulated volumes), ~$80,000(volume anomaly), $77,000-$74,000(large volume zone).
Interesting altcoins
For TRX, after the pump, we moved into correction. Currently, volume anomalies have appeared, which are focused in the zone of $0.345-$0.316. After breaking above, we consider a long position. A more conservative approach would be to enter on a retest of this zone after full positioning.
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