Bitcoin and altcoins overview(May 29-30)
Yesterday, Bitcoin was traded between the volume support zone and a large cluster volume of the seller, which we marked with a yellow line.
Locally, the forces of the buyer and seller are equal, the buyer is still unable to secure a position above, but the priority remains with the purchases.
The selling zone in the implementation of this scenario remains the same: $71,000-$71,400 (volume anomalies).
Otherwise, there is a probability of breaking the inclined line and falling to the level of $66,300, with a possible dip of this mark.
Buyer's zones below: $64,500-$62,700 (pushing volumes), $61,200-$60,400 (volume zone) $58,500-$57,000 (volume anomalies).
Interesting altcoins.
Bitcoin dominance is starting to decline, this is one of the signs of altseason. Individual coins are already starting to grow strongly: AUCTION, NOT, TRU, KEY.
It is worth looking at coins that are now being traded.
For example, ENA, a strong coin of the Ethereum ecosystem, which is currently in a local bullish trend, and in the zone of maximum volume.
For intraday trading, you can consider UNFI and try to open a hedge deal in short from the volume zone $5.05-$5.11.
Locally, the forces of the buyer and seller are equal, the buyer is still unable to secure a position above, but the priority remains with the purchases.
The selling zone in the implementation of this scenario remains the same: $71,000-$71,400 (volume anomalies).
Otherwise, there is a probability of breaking the inclined line and falling to the level of $66,300, with a possible dip of this mark.
Buyer's zones below: $64,500-$62,700 (pushing volumes), $61,200-$60,400 (volume zone) $58,500-$57,000 (volume anomalies).
Interesting altcoins.
Bitcoin dominance is starting to decline, this is one of the signs of altseason. Individual coins are already starting to grow strongly: AUCTION, NOT, TRU, KEY.
It is worth looking at coins that are now being traded.
For example, ENA, a strong coin of the Ethereum ecosystem, which is currently in a local bullish trend, and in the zone of maximum volume.
For intraday trading, you can consider UNFI and try to open a hedge deal in short from the volume zone $5.05-$5.11.
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