Bitcoin and altcoin overview (October 24-25)
Yesterday, as expected, Bitcoin dropped to the next buyer zone of $66,000-$65,100 (volume reaction) and bounced back.
At the moment, we are within the local selling zone of $66,900-$67,600 (volume zone).
The movement has stopped, but no abnormal activity has been observed, so if this zone is breached in the upward direction, long positions should be considered.
If a downward movement develops from the current zone, attention should be paid to the reaction at the local low of $65,250; in case of a false breakout, we also consider going long.
Buying zones: $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).
Selling zones: $70,000 level (seller market activity), $72,000 level (seller market activity).
Interesting altcoins.
SOLUSDT currently looks stronger than the market. We are considering continuing the long position upon retesting the volume zone of $170-$164.6.
At the moment, we are within the local selling zone of $66,900-$67,600 (volume zone).
The movement has stopped, but no abnormal activity has been observed, so if this zone is breached in the upward direction, long positions should be considered.
If a downward movement develops from the current zone, attention should be paid to the reaction at the local low of $65,250; in case of a false breakout, we also consider going long.
Buying zones: $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).
Selling zones: $70,000 level (seller market activity), $72,000 level (seller market activity).
Interesting altcoins.
SOLUSDT currently looks stronger than the market. We are considering continuing the long position upon retesting the volume zone of $170-$164.6.
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