Bitcoin and altcoin overview (November 06-07)
Yesterday, we saw a full reversal on Bitcoin, almost completely ignoring resistance zones and updating the previous ATH. This happened against the backdrop of preliminary election results showing D. Trump leading in the U.S. presidential race.
Currently, the maximum price of Bitcoin stands at $75,407. We've already seen a reaction from the mirror zone at $73,000–$72,000, so we don’t recommend considering it for buying again. At the $75,000 mark, signs of retention were observed in the form of volume anomalies, so on a retest and reaction from this level, a correction to the nearest buyer zone is likely.
Buying zones: $71,400–$70,800 (mirror volume zone), $63,100–$62,500 (mirror volume zone), $60,000–$59,000 (buyer activity).
Interesting altcoins.
DOGE has a similar situation to Bitcoin. A strong volume zone formed during the rise, below which we are trying to consolidate. Additionally, the cumulative delta suggests a correction. We consider a short position if there’s a reaction from the $0.205–$0.211 zone or a false breakout of the marked local high.
Currently, the maximum price of Bitcoin stands at $75,407. We've already seen a reaction from the mirror zone at $73,000–$72,000, so we don’t recommend considering it for buying again. At the $75,000 mark, signs of retention were observed in the form of volume anomalies, so on a retest and reaction from this level, a correction to the nearest buyer zone is likely.
Buying zones: $71,400–$70,800 (mirror volume zone), $63,100–$62,500 (mirror volume zone), $60,000–$59,000 (buyer activity).
Interesting altcoins.
DOGE has a similar situation to Bitcoin. A strong volume zone formed during the rise, below which we are trying to consolidate. Additionally, the cumulative delta suggests a correction. We consider a short position if there’s a reaction from the $0.205–$0.211 zone or a false breakout of the marked local high.
Unlock your potential in trading
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。