Bitcoin and altcoin overview(September 20-21)
Yesterday, Bitcoin continued its upward movement and reached our sales zone of $63,000-$64,300 (accumulated volume zone), from which we received a reaction.
At the moment, a correction can be expected, but within the framework of the upward trend. The decline may stop at the local low of $62,600, the new local volume zone of $62,400-$62,000, or the more global volume anomaly zone mentioned yesterday of $61,000-$60,300.
We are still moving within our long scenario and the next target for the movement will be $66,000.
Purchase zones: $62,400-$62,000 (local volume zone), $61,000-$60,300 (volume anomalies), $57,000-$56,400 (volume zone).
Sales zone and the next target for the movement: $66,100-$68,200 (volume zone).
Interesting altcoins.
For the REEF coin, we noticed large fixations that could trigger a correction.
When testing the zone of $0,00467-$0,00486 and if there is a reaction from it, we open a short with the goal of updating the local low of $0,004.
At the moment, a correction can be expected, but within the framework of the upward trend. The decline may stop at the local low of $62,600, the new local volume zone of $62,400-$62,000, or the more global volume anomaly zone mentioned yesterday of $61,000-$60,300.
We are still moving within our long scenario and the next target for the movement will be $66,000.
Purchase zones: $62,400-$62,000 (local volume zone), $61,000-$60,300 (volume anomalies), $57,000-$56,400 (volume zone).
Sales zone and the next target for the movement: $66,100-$68,200 (volume zone).
Interesting altcoins.
For the REEF coin, we noticed large fixations that could trigger a correction.
When testing the zone of $0,00467-$0,00486 and if there is a reaction from it, we open a short with the goal of updating the local low of $0,004.
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