Bitcoin and altcoin overview (November 29-30)
Yesterday, Bitcoin continued its decline with low volatility. By today, there has been a delta shift towards market buyers and Bitcoin has resumed its growth.
Over the past 2 days, there hasn't been a single large cluster, trading is moving by inertia, so a balanced structure development is likely now. Testing the nearest buyer zone is still possible. The priority remains long-biased, as indicated by the absence of strong selling from the previously marked zone, as well as volume distribution.
Buying zones: $94,000-$92,500(small accumulated volume zone), $92,000-$89,400(accumulated volumes), ~$80,000(volume anomaly), $77,000-$74,000(large volume zone), $71,400-$70,800(mirror volume zone), $63,100-$62,500(mirror volume zone), $60,000-$59,000(buyer activity).
Selling zones: $100,000(important psychological level).
Interesting altcoins
For ETH, we're looking at continuing longs after correction to the buyer zone of $3500-$3450.
Over the past 2 days, there hasn't been a single large cluster, trading is moving by inertia, so a balanced structure development is likely now. Testing the nearest buyer zone is still possible. The priority remains long-biased, as indicated by the absence of strong selling from the previously marked zone, as well as volume distribution.
Buying zones: $94,000-$92,500(small accumulated volume zone), $92,000-$89,400(accumulated volumes), ~$80,000(volume anomaly), $77,000-$74,000(large volume zone), $71,400-$70,800(mirror volume zone), $63,100-$62,500(mirror volume zone), $60,000-$59,000(buyer activity).
Selling zones: $100,000(important psychological level).
Interesting altcoins
For ETH, we're looking at continuing longs after correction to the buyer zone of $3500-$3450.
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