Bitcoin and altcoin overview (December 03-04)
2024-12-03

Yesterday, Bitcoin buying resumed from $95,000, but this growth was almost immediately absorbed.
Currently, we continue to trade in a sideways pattern. We still have a slight advantage towards buying. False expansions in both directions are possible in the near future.
Priority remains with longs.

 Buying zones:  $94,000-$92,500 (small zone of accumulated volumes), $92,000-$89,400 (accumulated volumes), ~$80,000 (volume anomaly), $77,000-$74,000 (large volume zone), $71,400-$70,800 (mirror volume zone), $63,100-$62,500 (mirror volume zone), $60,000-$59,000 (buyer activity).
 
Selling zones:  $100,000 (important psychological level).

 Interesting altcoins 

Currently, only long positions in altcoins should be considered while Bitcoin remains in a sideways pattern and its dominance decreases.

For  MOODENG , we are looking at a wide zone ($0.51-$0.38) of pushing volumes for buying when there is a reaction. Yellow lines mark point volume fills.

For  XVG , we are considering the accumulated volume zone ($0.0115-$0.01) also for a long position when there is a reaction.
