Bitcoin and altcoin overview(August 14-15)
Yesterday, we accumulated volume on Bitcoin and currently position it for a long, with a new local buyer's zone formed at $59,700-$58,600.
We are now in a balanced structure and squeezed between two volume zones, with a high probability of testing the previously mentioned local buyer's zone.
Securing above $62,000 will open the way to the next sales zone.
Buy zones: $59,700-$58,600 (accumulated volumes), $57,500-$55,000 (pushing volumes), $52,000-$50,000, $48,000.
Sell zones: $64,000-$65,200 (mirror volume zone), $67,000-$68,300 (mirror volume zone).
Interesting altcoins
For 1000RATS, a good short setup is forming with a false breakout of the round number $0.0001 and entry into the volume zone $0.000101-$0.000108, opening a short with the first target at $0.000084.
We are now in a balanced structure and squeezed between two volume zones, with a high probability of testing the previously mentioned local buyer's zone.
Securing above $62,000 will open the way to the next sales zone.
Buy zones: $59,700-$58,600 (accumulated volumes), $57,500-$55,000 (pushing volumes), $52,000-$50,000, $48,000.
Sell zones: $64,000-$65,200 (mirror volume zone), $67,000-$68,300 (mirror volume zone).
Interesting altcoins
For 1000RATS, a good short setup is forming with a false breakout of the round number $0.0001 and entry into the volume zone $0.000101-$0.000108, opening a short with the first target at $0.000084.
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