Bitcoin and altcoins overview(May 30-31)
We continue to trade within the local balance for Bitcoin.
The exit over the slope did not provide a significant result, each update to the lower boundary is bought out.
Now we can see a repeated stab of the formed local minimum and with a repeated buyout, you can try to enter long from the seller's weakness.
Sales zone when implementing a long scenario: $70,000-$70,400 (local volume zone), $71,000-$71,400 (volume anomalies).
Buyer zones below: $64,500-$62,700 (pushing volumes), $61,200-$60,400 (volume zone) $58,500-$57,000 (volume anomalies). We also draw attention to the level of $66,300, behind which a significant liquidity is accumulated.
Interesting altcoins.
For UNI, there is currently a weak correctional movement, if there is a reaction from the volume zone 9.85-9.4, we open a long position.
The exit over the slope did not provide a significant result, each update to the lower boundary is bought out.
Now we can see a repeated stab of the formed local minimum and with a repeated buyout, you can try to enter long from the seller's weakness.
Sales zone when implementing a long scenario: $70,000-$70,400 (local volume zone), $71,000-$71,400 (volume anomalies).
Buyer zones below: $64,500-$62,700 (pushing volumes), $61,200-$60,400 (volume zone) $58,500-$57,000 (volume anomalies). We also draw attention to the level of $66,300, behind which a significant liquidity is accumulated.
Interesting altcoins.
For UNI, there is currently a weak correctional movement, if there is a reaction from the volume zone 9.85-9.4, we open a long position.
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.