Bitcoin and altcoins overview(June 7-8)
Yesterday, we broke the ascending trend line on Bitcoin, but no consolidation followed below. We have not yet reached our buying zone of $70,000-$69,000 (push volumes), so it is still relevant.
Currently, we continue to trade within the resistance zone, previously marked, and have formed an obvious sideways structure.
Locally, we can remain within this balance, false spikes of the borders are possible.
Globally, we are still looking to long from the nearest buying zones with the goal of updating the ATH.
Buyer zones: $70,000-$69,000 (push volumes), $68,200-$67,200 (accumulated volume), $64,500-$62,700 (push volumes), $61,200-$60,400 (volume zone) $58,500-$57,000 (volume anomalies).
Interesting altcoins.
After local growth, MOVR tried to break the 4-hour level, but unsuccessfully, the global bearish trend is still not broken, when returning to the volume zone of $18.8-$19.5 and the presence of a reaction, we open a short position. The second variant of the workout, the false breakout of the local high $19.94.
Currently, we continue to trade within the resistance zone, previously marked, and have formed an obvious sideways structure.
Locally, we can remain within this balance, false spikes of the borders are possible.
Globally, we are still looking to long from the nearest buying zones with the goal of updating the ATH.
Buyer zones: $70,000-$69,000 (push volumes), $68,200-$67,200 (accumulated volume), $64,500-$62,700 (push volumes), $61,200-$60,400 (volume zone) $58,500-$57,000 (volume anomalies).
Interesting altcoins.
After local growth, MOVR tried to break the 4-hour level, but unsuccessfully, the global bearish trend is still not broken, when returning to the volume zone of $18.8-$19.5 and the presence of a reaction, we open a short position. The second variant of the workout, the false breakout of the local high $19.94.
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