Bitcoin and altcoin overview (October 25-26)
Yesterday, we broke through the volume zone of $66,900-$67,600 (volume zone) for Bitcoin, and at the moment, we are retesting it again, but from the opposite side.
There is a high probability of an upward movement developing and updating local maximums from current prices.
In the absence of a buyer, we may test the local minimum of $65,280 to gather additional liquidity.
For now, the priority is only for long positions.
Buying zones: $63,100-$62,500 (mirror volume zone), $60,000-$59,000 (buyer activity), $55,000-$53,800 (volume zone), $57,000-$56,400 (volume zone).
Selling zones: $70,000 level (seller market activity), $72,000 level (seller market activity).
Interesting altcoins.
For DOGEUSDT, anomalies have been observed at the lows of this sideways movement. Upon consolidation above the POC $0.14, we open a long position with the potential to update the high of $0.15. A less priority scenario is a false breakout of the low at $0.133.
There is a high probability of an upward movement developing and updating local maximums from current prices.
In the absence of a buyer, we may test the local minimum of $65,280 to gather additional liquidity.
For now, the priority is only for long positions.
Buying zones: $63,100-$62,500 (mirror volume zone), $60,000-$59,000 (buyer activity), $55,000-$53,800 (volume zone), $57,000-$56,400 (volume zone).
Selling zones: $70,000 level (seller market activity), $72,000 level (seller market activity).
Interesting altcoins.
For DOGEUSDT, anomalies have been observed at the lows of this sideways movement. Upon consolidation above the POC $0.14, we open a long position with the potential to update the high of $0.15. A less priority scenario is a false breakout of the low at $0.133.
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