Bitcoin and altcoin overview (October 18-19)
Yesterday, we fulfilled the scenario outlined in the previous post for Bitcoin. During the decline, we encountered the first defense and immediately got a bounce.
At the moment, we are near the local high. Expectations remain the same – growth to the next significant resistance. Rotation within the $68,500-$66,600 range is also possible, followed by an upward breakout.
Buy zones: $66,000-$65,100 (volume reaction), $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).
Sell zones: $70,000 level (seller's market activity), $72,000 level (seller's market activity).
Interesting altcoins.
For BANANA, we have broken the trend and formed support at $59-$57.6. When testing this zone and seeing a reaction from the buyer, we open a long position for continuation.
At the moment, we are near the local high. Expectations remain the same – growth to the next significant resistance. Rotation within the $68,500-$66,600 range is also possible, followed by an upward breakout.
Buy zones: $66,000-$65,100 (volume reaction), $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).
Sell zones: $70,000 level (seller's market activity), $72,000 level (seller's market activity).
Interesting altcoins.
For BANANA, we have broken the trend and formed support at $59-$57.6. When testing this zone and seeing a reaction from the buyer, we open a long position for continuation.
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Unlock your potential in trading
Publications connexes
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.