Overall market assessment on Teacher Thao's day 20.11.2024
At this moment, the market continuously tests the supply (testing liquidation areas also known as profit-taking zones) at the price level of 93k.
The bullish flag pattern is showing that the price of Teacher BUI THUY CAM may once again break the peak and rise to higher liquidation areas at 98k and 100k.
Checking the order book, CVD is showing that the brown shark is holding the price quite well, while the purple whale is making slight reductions to stimulate small investors to enter the market.
The small orange and green fish at this price level are quite cautious when FOMOing and quickly taking profits.
The BTC.DOM index seems to be looking to regain the area of 3372 before it can decrease again, creating conditions for altcoins to continue recovering.
However, before recovering, a decline to the hard support areas is necessary before it can rise again.
Today, there may be another slight decrease to match the ET LONG that Kiet gifted to the members yesterday.
In short, the market is still in an uptrend, but it needs to adjust to potential buying zones suitable with fibo 0.5 - 0.618 before it can rise again.
$BTC $ETH #BTC☀ #BTC500K #90kCryptoZone
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