Yesterday, Bitcoin resumed its upward movement without capturing liquidity below the lower level.
We have now completed the local downtrend and shifted to a sideways phase.
In the near term, we should expect rotation within the $99,600-$92,300 range with potential false expansions in both directions.
A consolidation above the nearest selling zone will set the potential for movement towards ATH.
Buy zones: level $92,300 (local low), ~$80,000 (volume anomaly), $77,000-$74,000 (major volume zone).
Sell zone: $100,000-$102,000 (mirror volume zone).
Interesting altcoins
On AUCTION coin, a break has occurred, and we're considering further shorting upon retracement to the selling zone of $21.8-$23.1 and reaction.
We have now completed the local downtrend and shifted to a sideways phase.
In the near term, we should expect rotation within the $99,600-$92,300 range with potential false expansions in both directions.
A consolidation above the nearest selling zone will set the potential for movement towards ATH.
Buy zones: level $92,300 (local low), ~$80,000 (volume anomaly), $77,000-$74,000 (major volume zone).
Sell zone: $100,000-$102,000 (mirror volume zone).
Interesting altcoins
On AUCTION coin, a break has occurred, and we're considering further shorting upon retracement to the selling zone of $21.8-$23.1 and reaction.
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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.
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.