ALTCOIN MARKET OVERVIEW
from the CryptoPrime team 05/03/2024:
#marketoverview#Web3#token
Volume - 216 million/24 hours
Breakout situation in #LONG
There is a negotiated level, to which the price is pushed up again.
I’m waiting for the price to stick to 0.10924 and, based on the activity in the order book, I will try to raise the level to 0.12000. There is a POC on the round one. I plan to completely exit the deal before him.
Volume - 82 million/24 hours
Breakout situation in #LONG
On H1 there is a cascade of high levels from 0.832 to 0.849.
The level has been traded, so I expect not only an impulse, but also growth after breaking through!
Volume - 25 million/24 hours
After the fall, the price remained at an imbalance of 3.400. So far there is no special redemption, but the price has entered a compressed accumulation in a narrow range on H1, this is the reason for the low daily volume.
Here the volume will appear when the price exits the range, which is what I expect. I will enter a breakout position in both#LONGand #SHORT. The main goal is to determine liquidity. Ratio 1:1 at breakout.
Profit to everyone!!!
