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Bitcoin and altcoin overview (January 30-31)Yesterday, Bitcoin attempted to resume its downward movement from the $103,000-$105,600 sell zone, but the buyer fully absorbed it, forming local support. At the moment, we have reached the upper boundary of this zone. The seller is not showing any activity, so the priority shifts, and we now expect a move toward the next resistance zone. Sell zone: $107,000-$109,000 (volume anomalies) Buy zones: $103,800-$102,000 (buyer absorption) $97,000-$94,300 (high volumes of the global range) $92,000-$90,000 (volume anomalies) $89,000-$86,300 (accumulated volumes) Interesting altcoins Yesterday, DEXE experienced a sharp drop, forming a zone with a significant number of anomalies. The seller failed to resume from key levels, so we are considering a long position upon a retest of the $15.4-$14 support zone.
by Crypto_robotics
Bitcoin and altcoin overview (January 29-30)Yesterday, Bitcoin bounced off the sell zone. The movement turned out to be quite weak. The buyer has already resumed the move, but buying pressure remains even weaker compared to selling. At the moment, we should expect another attempt from the seller around the $103,000-$105,600 zone. If the reaction is weak again, we can anticipate sideways movement followed by an ATH breakout. For now, the priority remains with the seller. Sell zones: $103,000-$105,600 (accumulated volumes) $107,000-$109,000 (volume anomalies) Buy zones: $97,000-$94,300 (high volumes of the global range) $92,000-$90,000 (volume anomalies) $89,000-$86,300 (accumulated volumes) Interesting altcoins For ARC , a setup for an upward move is forming. If the price enters the $0.329-$0.309 zone and shows a reaction, we open a long position.
by Crypto_robotics