Bitcoin and altcoin overview (October 08-09)
Yesterday, Bitcoin reached the next selling zone of $64,300-$65,000 (mirror zone), we saw volume protection at $64,150 and then moved into a decline.
At the moment, we are within a large buying zone, from which we expect a resumption of upward movement in the global perspective. Already now, we can notice a small absorption of sales on the cumulative delta.
Buying zones: $62,600-$60,800 (volume zone), $57,000-$56,400 (volume zone).
Selling zones: ~$64,150 (volume protection), $66,500-$68,200 (volume zone), $72,000 level (seller market activity).
Interesting altcoins.
1MBABYDOGE.
For this coin, we have reached the selling zone, with large fixations appearing at each new local high. We expect the development of a downward movement from the price of $0.0023 if there is a reaction, or upon a false breakout of the $0.00236 level.
At the moment, we are within a large buying zone, from which we expect a resumption of upward movement in the global perspective. Already now, we can notice a small absorption of sales on the cumulative delta.
Buying zones: $62,600-$60,800 (volume zone), $57,000-$56,400 (volume zone).
Selling zones: ~$64,150 (volume protection), $66,500-$68,200 (volume zone), $72,000 level (seller market activity).
Interesting altcoins.
1MBABYDOGE.
For this coin, we have reached the selling zone, with large fixations appearing at each new local high. We expect the development of a downward movement from the price of $0.0023 if there is a reaction, or upon a false breakout of the $0.00236 level.
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