Bitcoin and altcoin analytics(March 28-29)
Yesterday we had a false breakout of two borders of the local flat on Bitcoin.
The current situation speaks more in favor of continuing the sideways movement.
During yesterday's squeezes, 2 local volume zones were formed, which I marked with yellow lines, the flat may continue between them.
The priority scenario is to move in an upward direction and fill the seller's zone - $71,500-$73,000 (accumulated volume zone).
Buyer zones: ~$67,300 (delta imbalance level), $64,000-$62,400 (buyer activity), $57,200-$56,200 (small volume anomaly zone), $53,600-$53,000 (pushing volume zone).
Interesting altcoins
We advise you to pay attention to the ONDO coin, which is traded on BINANCE FUTURES.
The entire growth was accompanied by a negative delta, so you can potentially expect a rollback by 20-30% in the near future, also nearby is the round number $1, which is a psychological mark for the market and additional liquidity, the removal of which can provoke a dump.
The current situation speaks more in favor of continuing the sideways movement.
During yesterday's squeezes, 2 local volume zones were formed, which I marked with yellow lines, the flat may continue between them.
The priority scenario is to move in an upward direction and fill the seller's zone - $71,500-$73,000 (accumulated volume zone).
Buyer zones: ~$67,300 (delta imbalance level), $64,000-$62,400 (buyer activity), $57,200-$56,200 (small volume anomaly zone), $53,600-$53,000 (pushing volume zone).
Interesting altcoins
We advise you to pay attention to the ONDO coin, which is traded on BINANCE FUTURES.
The entire growth was accompanied by a negative delta, so you can potentially expect a rollback by 20-30% in the near future, also nearby is the round number $1, which is a psychological mark for the market and additional liquidity, the removal of which can provoke a dump.
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.