Bitcoin and altcoin overview (October 25-26)
Yesterday, we broke through the volume zone of $66,900-$67,600 (volume zone) for Bitcoin, and at the moment, we are retesting it again, but from the opposite side.
There is a high probability of an upward movement developing and updating local maximums from current prices.
In the absence of a buyer, we may test the local minimum of $65,280 to gather additional liquidity.
For now, the priority is only for long positions.
Buying zones: $63,100-$62,500 (mirror volume zone), $60,000-$59,000 (buyer activity), $55,000-$53,800 (volume zone), $57,000-$56,400 (volume zone).
Selling zones: $70,000 level (seller market activity), $72,000 level (seller market activity).
Interesting altcoins.
For DOGEUSDT, anomalies have been observed at the lows of this sideways movement. Upon consolidation above the POC $0.14, we open a long position with the potential to update the high of $0.15. A less priority scenario is a false breakout of the low at $0.133.
There is a high probability of an upward movement developing and updating local maximums from current prices.
In the absence of a buyer, we may test the local minimum of $65,280 to gather additional liquidity.
For now, the priority is only for long positions.
Buying zones: $63,100-$62,500 (mirror volume zone), $60,000-$59,000 (buyer activity), $55,000-$53,800 (volume zone), $57,000-$56,400 (volume zone).
Selling zones: $70,000 level (seller market activity), $72,000 level (seller market activity).
Interesting altcoins.
For DOGEUSDT, anomalies have been observed at the lows of this sideways movement. Upon consolidation above the POC $0.14, we open a long position with the potential to update the high of $0.15. A less priority scenario is a false breakout of the low at $0.133.
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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.