Yesterday, Bitcoin resumed growth from our marked buyer zones and filled deeper into the selling zone of $100,700-$102,200.
Currently, there is a small absorption of purchases by cumulative delta, with buyer market activity remaining quite high.
There is a high probability of testing the upper border of the sideways range at $102,700, where we are likely to get a reaction from sellers. In case of a full breakout, we'll look for longs from the formed buyer zones, as we don't have significant resistance zones above.
Buy zones: $100,200-$98,800(volume zone), $97,400-$96,300(volume zone), $92,400-94,300(volume anomalies), $90,600-$86,300(accumulated volumes), ~$80,000(volume anomaly), $77,000-$74,000(large volume zone).
Interesting altcoins
For SOL, we can catch a correction in the near term.
At the moment, we've reached a selling zone where anomalous clusters have appeared, and there is also a small absorption of purchases.
We're considering a short position upon breaking the diagonal, or waiting for a false breakout of the local maximum at 217.2.
Both scenarios are marked on the chart. If the maximum is updated from current prices, we won't consider the coin.
Currently, there is a small absorption of purchases by cumulative delta, with buyer market activity remaining quite high.
There is a high probability of testing the upper border of the sideways range at $102,700, where we are likely to get a reaction from sellers. In case of a full breakout, we'll look for longs from the formed buyer zones, as we don't have significant resistance zones above.
Buy zones: $100,200-$98,800(volume zone), $97,400-$96,300(volume zone), $92,400-94,300(volume anomalies), $90,600-$86,300(accumulated volumes), ~$80,000(volume anomaly), $77,000-$74,000(large volume zone).
Interesting altcoins
For SOL, we can catch a correction in the near term.
At the moment, we've reached a selling zone where anomalous clusters have appeared, and there is also a small absorption of purchases.
We're considering a short position upon breaking the diagonal, or waiting for a false breakout of the local maximum at 217.2.
Both scenarios are marked on the chart. If the maximum is updated from current prices, we won't consider the coin.
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Unlock your potential in trading
Related publications
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.