COMMENTARY ON BTC AND THE ENTIRE CRYPTOCURRENCY MARKET AFTERNOON OF JUNE 17, 2024

First of all, I would like to express my condolences to the spot guys as the majority of altcoins split by 2 and 3 and gradually lost short-term support this month...

My pickup signal is still according to the old plan at the end of this month and the first half of July. Please pay attention to the announcement.

Currently, the price of BTC is running below the supports on the H1-H4 frame.

However, the daily frame is stuck between the EMA 34-89, the boll band is gradually expanding.

Looking at the CVD order book, small fish and brown sharks are buying at an average level, firechart is showing that selling pressure is gradually being pushed down close to the market price, however, the buying wall in the 64-65k area is enough to pay for it. liquidation zones (sale walls).

This shows that BTC's liquidity is quite good

As for altcoins, it depends on BTC.DOM is currently in the resistance zone and maybe after 7:00 p.m. there will be a decline to 2420. This is also the time you can watch scalp orders to buy altcoins.

Plan to scalp and buy altcoins when BTC reaches the 64kxx area.

Specific commands will be posted on gr zl, please pay attention to turn on notifications

Wishing you successful trading

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