Bitcoin and altcoins overview(Jule 16-17)

Yesterday, Bitcoin continued its growth and reached the designated target – the sales zone of $64,400-$65,700 (volume zone).

Now we have already received a reaction and went into a correction.

The global scenario has not changed, we are still waiting for the buyer's reaction and joining the subsequent longs.

A local sales zone of $63,600-$64,000 has formed locally, from which an intraday sales reaction is possible.

Buyer zones: $61,700-$60,800 (pushing volume) $58,700-$65,200 (zone of accumulated volumes), $55,000-$53,900 (zone of volume anomalies).

Sales zones: $63,600-$64,000 (local sales aggression), $68,700-$69,800 (volume anomalies), $70,500-$71,400 (accumulated volume).

Interesting altcoins.

For the DAR coin, the formed volume anomalies at a price of ~0.17 do not give a result in the long, so we consider a short with good targets (more than 10%).

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SUI, a classic situation with a retest of the volume zone with positioning in the long. We look at the reaction by volumes or wait for the breakout of the descending trendline and join the longs.

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