Bitcoin and altcoin overview(August 09-10)
Yesterday, as expected, we broke through the local extreme for Bitcoin and reached the first sales zone.
At these levels, the first signs of seller defense appeared, so it is most likely that the current day may be corrective.
The first local resistance for sales will be at $60,000.
Globally, the scenario remains long.
Buyer zones: $58,200-$56,000 (pushing volumes), $52,000-$50,000, $48,000-$47,000 (pushing volumes), $44,000-$41,600 (accumulated volumes).
Nearest sales zones: $64,000-$65,200 (mirror volume zone).
Interesting altcoins
For MEW, we have 2 buyer zones: $0,0051-$0,0049; $0,00425-$0,0039, from which we consider longs if there is a reaction.
At these levels, the first signs of seller defense appeared, so it is most likely that the current day may be corrective.
The first local resistance for sales will be at $60,000.
Globally, the scenario remains long.
Buyer zones: $58,200-$56,000 (pushing volumes), $52,000-$50,000, $48,000-$47,000 (pushing volumes), $44,000-$41,600 (accumulated volumes).
Nearest sales zones: $64,000-$65,200 (mirror volume zone).
Interesting altcoins
For MEW, we have 2 buyer zones: $0,0051-$0,0049; $0,00425-$0,0039, from which we consider longs if there is a reaction.
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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.