Bitcoin and altcoins overview(May 07-08)Yesterday we broke the inclined level on Bitcoin and formed a local sideways trend.
The global scenario for the week has not changed, we can still expect longs, but through a probable false breakout of the $62,650 level or a march into the buying zone $61,600-$60,300 (pushing volumes). A less likely scenario is going below to the zone $58,500-$57,000 (volume anomalies) and resuming the upward movement from these marks.
Sales zones above current marks: $66,000-$66,600 (accumulated volumes), $69,400-$71,000 (market seller aggression and absorption of purchases), $71,800-$72,500 (volume zone).
Interesting altcoins.
POWR.
The coin nailed an important 4-hour level, now the weakness of purchases is looming. When re-entering the liquidity zone $0,355-$0,365, we look at the reaction and enter sales with a stop behind high $0,373
Setap
Bitcoin and altcoin analytics(April 17-18)Yesterday, we bounced off the buyer's zone in bitcoin , but the movement is very weak.
Now a re-spill and test of the lower extremes $60,700 and $59,000 is very likely.
Open long positions are better to be transferred to break-even.
The bull market will only be broken with a true breakout of these marks, until that moment longs are a priority.
Sale zones: $69,400-$71,000 (market seller aggression and absorption of purchases), $71,800-$72,500 (volume zone).
Buyer zones: $57,200-$56,200 (small volume anomaly zone), $53,600-$53,000 (pushing volume zone)
Interesting altcoins
Recommendations are the same as yesterday, we are waiting for the development of movement on bitcoin to understand the future direction of the market.
With a bitcoin spill, you can consider BNXUSDT at the level of $0.66. Below is a decent volume zone $0.65-$0.62, from which we can get another round of growth.
Bitcoin and altcoin analytics(April 12-13)For the last 2 days, we have been in a narrow flat for bitcoin , where signs of market buyer activity are present.
Primarily, we can expect an upward direction and filling the volume sales zone -$71,800-$72,500.
If it goes down, pay attention to the buyer zones : ~$68,000(volume protection), $66,200-$65,400(market aggression zone of the buyer), $64,000-$62,400 (buyer activity), $57,200-$56,200 (small volume anomalies zone), $53,600-$53,000 (pushing volume zone).
Interesting altcoins
For altcoins, everything is the same, few clear movements, but we will highlight one asset.
On the OGNUSDT coin , which is at the top for growth over the week, a mass of liquidations has formed. The main volumes are distributed in the marked zone-$0.6 -$0.628.
We watch the reaction and take a corrective short, at least to $0.52-$0.5.
The second variant of execution- false breakout of the upper extremum $0.65, the goals are the same.
Bitcoin and altcoin analytics(April 9-10Yesterday , we continued to grow in Bitcoin and have completely filled our sales zone -$71,500-$73,000 (accumulated volume zone), and got a reaction from it, as we said earlier we do not use these prices for opening global short positions.
Now we have received a little support at $70,000, when retesting this mark and buyer's reaction, you can open long positions with the potential to update ATH.
Buyer zones below: ~$68,000 (absorption of sales), $66,200-$65,400(market aggression zone of the buyer), $64,000-$62,400 (buyer activity), $57,200-$56,200 (a small zone of volume anomalies), $53,600-$53,000 (push volume zone).
Interesting altcoins
NEOUSDT
Upon breaking the $19 mark, a large liquidity layer was formed, which will dictate the future direction of the price.
We watch for false breakouts of levels and work in both directions, the $19.5 level looks more attractive.
TONUSDT
The coin is showing excellent growth, but a correction from the current prices is very likely in the marked zone $6.3-$6. With the presence of a buyer's reaction, we consider continuing the long.
BTCUSDT Are you sure the bulls are stronger?The local fibo for the decline worked out the zone 0.618.(41700 usd)
I expect a decrease with 1 target in the area of 38000
2 target to reduce area 36600.
The area 36600-35000 can be searched for Long by BTC.
Cancellation of the script fixing bitcoin above 44000 on D1.