Hello everyone! This is the CryptoRobotics trader-analyst, and here is your daily market review.
Yesterday Bitcoin surprised the market. After reaching the upper boundary of the $84,000–$82,000 buyer zone (volume anomalies), it printed a primary bounce. The movement was developing weakly at first, and we expected a deeper liquidity sweep. However, the market buyer acted much more aggressively: he broke through the key sell zone at $89,800–$90,800, shifting the priority direction to bullish.
We are now approaching the important resistance zone at $94,000–$97,500. A correction from this region is likely, and it may provide an opportunity to join long positions with extended targets from $100,000 and higher.
Buy Zones
$91,000–$89,800 (mirror volume zone)
$84,000–$82,000 (volume anomalies)
Sell Zones
$94,000–$97,500 (volume zone)
$101,000–$104,000 (accumulated volumes)
$105,800–$106,600 (local resistance)
This publication is not financial advice.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.