Bitcoin and altcoin overview (July 31-August 1)
Bitcoin didn't follow our scenario, so we didn't get a consistent upward movement from the buyer zone.
Currently, we are moving very choppily, with neutral sentiment prevailing in the market.
Most likely, we will test the next buyer zone below, and the stop-losses of short sellers might be taken out, followed by a test of the mirror zone, which was previously a buyer zone.
Making buying and selling decisions right now is not recommended.
Buying zones: $64,900-$63,900 (buyer activity), $61,700-$60,800 (push volume), $58,700-$55,200 (accumulated volumes zone), $55,000-$53,900 (volume anomalies zone).
Selling zone: level $70,100, $70,500-$71,400 (accumulated volume).
Interesting altcoins
For the BSV coin, we have a strong zone at $53-$53.6, which is positioned for sale. On a retest and false breakout of local extremes, we look at shorting.
Currently, we are moving very choppily, with neutral sentiment prevailing in the market.
Most likely, we will test the next buyer zone below, and the stop-losses of short sellers might be taken out, followed by a test of the mirror zone, which was previously a buyer zone.
Making buying and selling decisions right now is not recommended.
Buying zones: $64,900-$63,900 (buyer activity), $61,700-$60,800 (push volume), $58,700-$55,200 (accumulated volumes zone), $55,000-$53,900 (volume anomalies zone).
Selling zone: level $70,100, $70,500-$71,400 (accumulated volume).
Interesting altcoins
For the BSV coin, we have a strong zone at $53-$53.6, which is positioned for sale. On a retest and false breakout of local extremes, we look at shorting.
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