ALTCOIN MARKET OVERVIEW
from the CryptoPrime team 04/26/2024:
#marketoverview#Web3#token
Today I want to share an observation about dominance.
The index is in the support and resistance zone at 55%.
In the range of 55.20-55.10 there is an imbalance of resistance, which has now been tested. Now I’m waiting for a downward movement from the index along with a fall in#BTCitself.
Which could have a positive impact on the rest of the altcoin market as a whole!
Volume - 117 million/24 hours
Today the coin is the leader of the fall. Came into the range of accumulation and growth.
I'm waiting for manipulation in the form of a pin of the accumulation level of 3.5586 and a test of 3.400 or around these prices to make a decision in#LONGfor a correction after the fall
Volume - 13 million/24 hours
an illiquid coin.
The situation is a classic level breakdown in #SHORT
Level - 0.002485. There are three approaches.
I will enter on an actively falling#btcusdat the acceleration of the tape in the order book.
Volume - 493 million/24 hours
I have been following the development of the situation for more than a week.
Globally - within accumulation.
Locally - the breakdown of the downward movement began, the old imbalance was tested on M30 0.5200 and the high was updated.
Now, to continue growth, the coin needs to strengthen on the correction without updating the level at 0.52. I am considering the strengthening zone at 0.5800 to enter #LONG
Profit to everyone!!!
