Hello everyone! This is the trader-analyst from CryptoRobotics, and here is your daily update.
Yesterday, Bitcoin broke its all-time high. There were no strong sell-offs either at or above the level. During the move, a volume zone was formed, and we managed to consolidate above it. Since there is no visible resistance ahead, trading should currently be approached from the long side — at least until a strong opposing force appears on the chart.
Buy Zones:
• $109,200–$106,500 (volume zone)
• $103,200–$102,000 (absorption of market selling)
• Around $100,000 (pushing volumes)
• $98,000–$97,200 (local support)
• $93,000 level
• $91,500–$90,000 (strong buying imbalance)
• $88,100–$87,000 (absorption of market selling)
• $85,500–$84,000 (accumulated volumes)
• $82,700–$81,400 (volume zone)
• $74,800 level
• $69,000–$60,600 (accumulated volumes)
This publication is not financial advice.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.