Bitcoin and altcoin overview (December 06-07)
Yesterday for Bitcoin, we followed a less priority scenario and experienced a strong decline, testing 2 buyer zones at once.
At the moment, a balance structure is likely to develop between the two zones, and until we overcome the new selling zone, going long is not recommended.
Selling zone: $100,000-$103,000 (cluster anomalies).
Buying zones: $97,000-$94,400 (decelerating volume), ~$80,000 (volume anomaly), $77,000-$74,000 (large volume zone).
Interesting altcoins
For ZIL, there is a high probability of a breakout to the long side at the marked levels. At the price of $0.35, volume protection appears for the second time in horizontal volumes.
At the moment, a balance structure is likely to develop between the two zones, and until we overcome the new selling zone, going long is not recommended.
Selling zone: $100,000-$103,000 (cluster anomalies).
Buying zones: $97,000-$94,400 (decelerating volume), ~$80,000 (volume anomaly), $77,000-$74,000 (large volume zone).
Interesting altcoins
For ZIL, there is a high probability of a breakout to the long side at the marked levels. At the price of $0.35, volume protection appears for the second time in horizontal volumes.
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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
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.