There is practically no change in Bitcoin. Yesterday, we continued the local decline. In the near future, we should expect movement within the volume profile noted yesterday, most likely in a downward direction.
To continue a full upward movement, it is necessary to consolidate above the price of $65,000, where the largest volume over the past few days is positioned for sale.
Buyer zones: $61,700-$60,800 (pushing volume), $58,700-$65,200 (accumulated volume zone), $55,000-$53,900 (volume anomalies zone).
Sales zones: $68,700-$69,800 (volume anomalies), $70,500-$71,400 (accumulated volume).
Interesting altcoins.
For the People coin, the cumulative delta has been falling throughout the entire growth, indicating buyer fixations throughout the movement. Now we have reached an important volume zone.
We expect a break of the sloping line and a decline to the important buyer's zone of $0,071-$0,067. From there, if there is a reaction, it is possible to look for longs again.
To continue a full upward movement, it is necessary to consolidate above the price of $65,000, where the largest volume over the past few days is positioned for sale.
Buyer zones: $61,700-$60,800 (pushing volume), $58,700-$65,200 (accumulated volume zone), $55,000-$53,900 (volume anomalies zone).
Sales zones: $68,700-$69,800 (volume anomalies), $70,500-$71,400 (accumulated volume).
Interesting altcoins.
For the People coin, the cumulative delta has been falling throughout the entire growth, indicating buyer fixations throughout the movement. Now we have reached an important volume zone.
We expect a break of the sloping line and a decline to the important buyer's zone of $0,071-$0,067. From there, if there is a reaction, it is possible to look for longs again.
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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.