ALTCOIN MARKET OVERVIEW
from the CryptoPrime team 08/01/2024:
#marketoverview #Web3 #token
Volume - 107 million/24 hours
The price successfully collected liquidity from the assembled cascade of loy levels and went to fulfill the target of 1.618 Fibo.
This Fibonacci level will serve as TVX for the#LONGposition, provided that density or a market buyer appears in the order book
Volume - 111 million/24 hours
The price is trading in a downward channel.
Liquidity was removed from the 5.2399 level on M15.
If the price is kept inside the wedge above 5.1500 and breaks out of the wedge upwards, then I will consider a#LONGposition with the aim of buying the height of the channel
Volume -146 million
On M30 there is a clearly traded high level at 0.0245 and with 3 touches and 0.0249.
There is also a liquidity pool on Coinglas at the level of 0.0260. I believe that when the horizontal line breaks out, the liquidity zone will be the target.
I will enter#LONGuntil liquidity is at 0.0260
Profit to everyone!!!
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