Bitcoin and altcoin overview (October 01-02)
Yesterday, for Bitcoin, we implemented a less likely scenario, broke through the nearest buying zone, and turned it into a mirror zone.
We received a reaction from the next support zone of $63,600-$62,800 (accumulated volume zone) and are now trying to consolidate above it. At the moment, the cumulative delta shows hidden absorption of purchases, so we should expect another decline. For a full rebound into a long position, we need to consolidate above $65,000.
Selling zone: $64,300-$65,000 (mirror zone), $66,500-$68,200 (volume zone), $72,000 level (seller market activity).
Buying zones: $61,000-$60,000 (volume anomalies), $57,000-$56,400 (volume zone).
Interesting altcoins.
NEIROETHUSDT.P
For this coin, we have a large number of volume anomalies at the lows.
Upon returning to the $0.073-$0.0708 zone and seeing a reaction, we open a long position.
The implementation of the long scenario is also possible with a retest of the local low at $0.0673
We received a reaction from the next support zone of $63,600-$62,800 (accumulated volume zone) and are now trying to consolidate above it. At the moment, the cumulative delta shows hidden absorption of purchases, so we should expect another decline. For a full rebound into a long position, we need to consolidate above $65,000.
Selling zone: $64,300-$65,000 (mirror zone), $66,500-$68,200 (volume zone), $72,000 level (seller market activity).
Buying zones: $61,000-$60,000 (volume anomalies), $57,000-$56,400 (volume zone).
Interesting altcoins.
NEIROETHUSDT.P
For this coin, we have a large number of volume anomalies at the lows.
Upon returning to the $0.073-$0.0708 zone and seeing a reaction, we open a long position.
The implementation of the long scenario is also possible with a retest of the local low at $0.0673
Unlock your potential in trading
Related publications
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.