Bitcoin and altcoin overview(September 18-19)
Yesterday, we saw a significant and unexpected rise in Bitcoin, breaking through the sales zone of $59,600-$60,600 (local zone of accumulated volumes), making it a mirror for the buyer.
At the moment, we are squeezed between two volume zones within which we can expect rotation with a priority of breaking upwards. Locally, we have absorption of market sales by cumulative delta, which also indicates a more interested buyer.
In the opposite scenario, we will see a stronger decline and see Bitcoin below $57,500.
Buy zones: $60,200-$59,800 (mirror volume zone), ~$55,000 (largest horizontal volume in the last month), $53,000-$50,000 (zone of large volume anomalies).
Sell zones: $60,800-$61,250 (stopping volume) $63,000-$64,300 (zone of accumulated volumes), $66,100-$68,200 (volume zone).
Interesting altcoins.
For the REEF coin, we observe one of the most stable long trends in the market at the moment. We trade the asset exclusively in long until the break of the ascending trendline.
Nearest strong buyer zone $0.00257-$0.0023
At the moment, we are squeezed between two volume zones within which we can expect rotation with a priority of breaking upwards. Locally, we have absorption of market sales by cumulative delta, which also indicates a more interested buyer.
In the opposite scenario, we will see a stronger decline and see Bitcoin below $57,500.
Buy zones: $60,200-$59,800 (mirror volume zone), ~$55,000 (largest horizontal volume in the last month), $53,000-$50,000 (zone of large volume anomalies).
Sell zones: $60,800-$61,250 (stopping volume) $63,000-$64,300 (zone of accumulated volumes), $66,100-$68,200 (volume zone).
Interesting altcoins.
For the REEF coin, we observe one of the most stable long trends in the market at the moment. We trade the asset exclusively in long until the break of the ascending trendline.
Nearest strong buyer zone $0.00257-$0.0023
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