Bitcoin and altcoin analytics(April 10-11)
We did not receive the necessary support for Bitcoin at the retest of $70,000 and settled below it.
Now we have closely approached our buy zone ~$68,000 (absorption of sales).
It's too early to talk about a full reversal, we need to get additional confirmations, also a deeper test of the marked zone is possible.
Buyer zones below: $66,200-$65,400 (zone of market aggression of the buyer), $64,000-$62,400 (buyer activity), $57,200-$56,200 (small zone of volume anomalies), $53,600-$53,000 (zone of pushing volumes).
The new sales zone will be the local volume zone 71,800-72,500, from which we received a productive movement.
Interesting altcoins
LEVERUSDT
We are considering the continuation of the long, in the first case-from the zone of buyer activity $0.35-0.33. In the second case, we also look at the long from the zone ~0.3, where the activity from the buyer by volumes and delta was also recorded.
Now we have closely approached our buy zone ~$68,000 (absorption of sales).
It's too early to talk about a full reversal, we need to get additional confirmations, also a deeper test of the marked zone is possible.
Buyer zones below: $66,200-$65,400 (zone of market aggression of the buyer), $64,000-$62,400 (buyer activity), $57,200-$56,200 (small zone of volume anomalies), $53,600-$53,000 (zone of pushing volumes).
The new sales zone will be the local volume zone 71,800-72,500, from which we received a productive movement.
Interesting altcoins
LEVERUSDT
We are considering the continuation of the long, in the first case-from the zone of buyer activity $0.35-0.33. In the second case, we also look at the long from the zone ~0.3, where the activity from the buyer by volumes and delta was also recorded.
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.