Bitcoin and altcoin overview (December 24-25)
Yesterday, Bitcoin continued its decline.
We don't observe strong buying activity yet, so in the near future, a test of the local minimum of $92,300 is most likely to capture additional liquidity. According to cumulative delta, there is absorption of sales through limit orders, which increases the probability of a false breakout and the development of an upward movement from these levels to $100,000.
Buy zones: level $92,300 (local low), ~$80,000 (volume anomaly), $77,000-$74,000 (large volume zone).
Sell zone: $100,000-$102,000 (mirror volume zone).
Interesting altcoins
For STMX, we are considering one of the marked scenarios.
At the moment, we have received a reaction from an important volume zone, and if false breakouts of the marked levels occur, a correction should be considered.
We don't observe strong buying activity yet, so in the near future, a test of the local minimum of $92,300 is most likely to capture additional liquidity. According to cumulative delta, there is absorption of sales through limit orders, which increases the probability of a false breakout and the development of an upward movement from these levels to $100,000.
Buy zones: level $92,300 (local low), ~$80,000 (volume anomaly), $77,000-$74,000 (large volume zone).
Sell zone: $100,000-$102,000 (mirror volume zone).
Interesting altcoins
For STMX, we are considering one of the marked scenarios.
At the moment, we have received a reaction from an important volume zone, and if false breakouts of the marked levels occur, a correction should be considered.
Unlock your potential in trading
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.