We’ve reached the sell zone at $98,000–$99,200 (local volume zone) on Bitcoin. The move was relatively weak in terms of volume.
In the near future, we expect two possible scenarios:
1️⃣ A strong, high-volume breakout of the zone to the upside. In this case, we would look to join on the retest.
2️⃣ A rejection from the zone, leading to a deeper test of the lower buyer’s zone.
Sell Zones:
$98,000–$99,200 (local volume zone)
$107,000–$109,000 (volume anomalies)
Buy Zones:
$95,000–$93,000 (volume anomalies)
$89,000–$86,300 (accumulated volumes)
Interesting Altcoins:
For TRUMP, we are expecting the completion of a bullish reversal pattern.
There was strong absorption of selling pressure in the $16.10–$15.70 zone.
On a retest with confirmation, we plan to enter a long with a first local target of $17.30.