Bitcoin and altcoin overview (August 12-13)
Yesterday, as expected, Bitcoin continued its upward movement and has now reached the significant level of $90,000.
Currently, there is an absorption of buying pressure indicated by the cumulative delta, which suggests a high probability of a correction or the formation of a balanced structure within the $90,000-$86,800 range.
No new strong buying zones have appeared.
Buying zones: $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).
Interesting altcoins.
NEIRO has a key zone below, from which we can expect the continuation of an upward movement.
If tested and a reaction forms at the $0.00286-$0.00272 zone, open a long position; if there is no reaction and the price consolidates below these levels, the structure should be reconsidered as bearish.
Currently, there is an absorption of buying pressure indicated by the cumulative delta, which suggests a high probability of a correction or the formation of a balanced structure within the $90,000-$86,800 range.
No new strong buying zones have appeared.
Buying zones: $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).
Interesting altcoins.
NEIRO has a key zone below, from which we can expect the continuation of an upward movement.
If tested and a reaction forms at the $0.00286-$0.00272 zone, open a long position; if there is no reaction and the price consolidates below these levels, the structure should be reconsidered as bearish.
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