Bitcoin and altcoin overview (August 01-02)
As expected with Bitcoin, we updated the local low and reached the buyer's zone of $64,900-$63,900.
At the moment, all significant large volumes are located above the current price, so we prioritize further decline. Movement to the sales zone above is possible only after a full consolidation of the price above $65,000, where an anomalous volume cluster positioned for sale is located.
Buying zones: $61,700-$60,800 (pushing volume), $58,700-$55,200 (accumulated volume zone), $55,000-$53,900 (volume anomalies zone).
Selling zones: $67,000-$68,300 (mirror volume zone), level $70,100, $70,500-$71,400 (accumulated volume).
Interesting altcoins
At the moment, the market does not provide good movements, so most situations should be considered intraday with minimal risks.
For the JTO coin, we consider the $2.8-$2.66 zone for purchase if there is a reaction from it.
Potentially, we can update the local high of $3.36
At the moment, all significant large volumes are located above the current price, so we prioritize further decline. Movement to the sales zone above is possible only after a full consolidation of the price above $65,000, where an anomalous volume cluster positioned for sale is located.
Buying zones: $61,700-$60,800 (pushing volume), $58,700-$55,200 (accumulated volume zone), $55,000-$53,900 (volume anomalies zone).
Selling zones: $67,000-$68,300 (mirror volume zone), level $70,100, $70,500-$71,400 (accumulated volume).
Interesting altcoins
At the moment, the market does not provide good movements, so most situations should be considered intraday with minimal risks.
For the JTO coin, we consider the $2.8-$2.66 zone for purchase if there is a reaction from it.
Potentially, we can update the local high of $3.36
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