Yesterday, for Bitcoin, we clearly followed our local scenario and fell to the next buying zone of $65,000-$63,400 (accumulated volumes), where a surge in volumes was recorded. If we consolidate above this range, we may see a full resumption of buying and an update of the local high.
Currently, it is worth paying attention to reversal formations to be able to join the longs at the best prices.
A local selling zone of $65,600-$67,000 has formed above, but there is no need to fear it; we are likely to get an additional retest to current prices and move higher since the global priority is now with longs.
Lower buying zones: $61,700-$60,800 (pushing volume), $58,700-$55,200 (zone of accumulated volumes), $55,000-$53,900 (zone of volume anomalies).
Selling zones: $65,600-$67,000 (accumulated volume), $68,700-$69,800 (volume anomalies), $70,500-$71,400 (accumulated volume).
Interesting altcoins.
For the MAVIA coin, we have reached an important buyer's zone; if we consolidate above it, we may see a full resumption of buying up to the volume zone marked on the chart.
Currently, it is worth paying attention to reversal formations to be able to join the longs at the best prices.
A local selling zone of $65,600-$67,000 has formed above, but there is no need to fear it; we are likely to get an additional retest to current prices and move higher since the global priority is now with longs.
Lower buying zones: $61,700-$60,800 (pushing volume), $58,700-$55,200 (zone of accumulated volumes), $55,000-$53,900 (zone of volume anomalies).
Selling zones: $65,600-$67,000 (accumulated volume), $68,700-$69,800 (volume anomalies), $70,500-$71,400 (accumulated volume).
Interesting altcoins.
For the MAVIA coin, we have reached an important buyer's zone; if we consolidate above it, we may see a full resumption of buying up to the volume zone marked on the chart.
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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.