Bitcoin and altcoin overview (December 27-28)
Yesterday, after a decline in Bitcoin, signs of defense appeared and each new drop was absorbed by buyers.
Currently, there is a high probability of a reversal and movement towards the selling zone of $100,000-$102,000.
Upon renewal and consolidation above the zero point of $96,630 on the hourly timeframe, an intraday long position can be considered on a pullback.
In the reverse scenario, we should expect a test of the $92,300 level.
After reviewing the chart on the daily timeframe, we identified an additional liquidity zone of $90,600-$86,300.
Buying zones: level $92,300(local low), $90,600-$86,300(accumulated volumes), ~$80,000(volume anomaly), $77,000-$74,000(large volume zone).
Selling zone: $100,000-$102,000(mirror volume zone).
Interesting altcoins
For GMT, volumes have appeared that reversed the price. When it pulls back to the zone of $0,162-$0,148 (concentration of maximum volumes), we open a long position
Currently, there is a high probability of a reversal and movement towards the selling zone of $100,000-$102,000.
Upon renewal and consolidation above the zero point of $96,630 on the hourly timeframe, an intraday long position can be considered on a pullback.
In the reverse scenario, we should expect a test of the $92,300 level.
After reviewing the chart on the daily timeframe, we identified an additional liquidity zone of $90,600-$86,300.
Buying zones: level $92,300(local low), $90,600-$86,300(accumulated volumes), ~$80,000(volume anomaly), $77,000-$74,000(large volume zone).
Selling zone: $100,000-$102,000(mirror volume zone).
Interesting altcoins
For GMT, volumes have appeared that reversed the price. When it pulls back to the zone of $0,162-$0,148 (concentration of maximum volumes), we open a long position
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