Yesterday, Bitcoin attempted to resume its upward movement, but as expected, it encountered a strong mirror sell zone of $60,900-$62,000, from which it was pushed back into a flat pattern.
Now we can expect a local sell reaction either from the price of $60,400, or from a false breakout of the formed local high of $61,200.
At this moment, it's better to wait for a full breakout of the formed sideways pattern and join the movement on the retest.
The global priority is still long.
Sell zones: level $61,200, $63,000-$64,300 (accumulated volumes).
Buy zones: $59,550-$59,000 (accumulated volumes, the zone remains valid for potential bounce and retest), level $56,100, $52,000-$50,000 (volume anomalies), level $48,000.
Interesting altcoins.
For the IO coin, we are considering trades for continued decline from 2 volume zones: $1.72-$1.77; $1.85-$1.920.
We open a short position only if there is a reaction within the zone.

Now we can expect a local sell reaction either from the price of $60,400, or from a false breakout of the formed local high of $61,200.
At this moment, it's better to wait for a full breakout of the formed sideways pattern and join the movement on the retest.
The global priority is still long.
Sell zones: level $61,200, $63,000-$64,300 (accumulated volumes).
Buy zones: $59,550-$59,000 (accumulated volumes, the zone remains valid for potential bounce and retest), level $56,100, $52,000-$50,000 (volume anomalies), level $48,000.
Interesting altcoins.
For the IO coin, we are considering trades for continued decline from 2 volume zones: $1.72-$1.77; $1.85-$1.920.
We open a short position only if there is a reaction within the zone.
Unlock your potential in trading
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Unlock your potential in trading
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。