Bitcoin and altcoin overview (January 09-10)

111
Yesterday, Bitcoin continued its decline towards the lower range boundary as part of our scenario.

At the moment, we can observe some buyer protection and absorption of market sales according to cumulative delta. If attempts to update the local low of $92,500 are unsuccessful, there is a high probability of an upward movement to the nearest selling zone of $97,000-$98,800 (volume zone).

When approaching the lower boundary of the sideways range at $91,500, we expect a breakthrough and test of the buyer's zone $90,600-$86,300 (accumulated volumes)

Buying zones: $90,600-$86,300 (accumulated volumes), ~$80,000 (volume anomaly), $77,000-$74,000 (large volume zone).

Selling zones: $97,000-$98,800 (volume zone), $100,700-$102,200 (mirror selling zone, market selling activity).

Interesting altcoins

For AI coin, we have 2 important selling zones $0.695-$0.725 and $0.79-$0.84, we consider short positions when these levels are tested.
snapshot

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.