Bitcoin and altcoin overview (February 27-28)

Yesterday, Bitcoin broke through the buyer’s zone of $89,000–$86,300 (accumulated volumes), and the main scenario now is the continuation of the downward movement.

At the moment, we are testing this zone from the opposite side. If a reaction occurs, we consider a short; if there is no reaction, Bitcoin is likely to return to the global sideways range.

Sell Zones:
$107,000–$109,000 (volume anomalies).
$97,500-$98,400 (aggressive selling volumes).
$95,000-$96,700 (accumulated volumes).
$91,300-$92,600 (accumulated volumes).
$86,700-$89,600 (mirror zone, volume anomalies).

Buy Zones:
$77,000-$73,000 (volume anomalies, aggressive buying volumes).

Interesting Altcoins

For one of the coins we analyzed yesterday, AVAAI, we almost reached the volume zone of $0.053-$0.049 and instead formed a new volume zone at $0.0567-$0.0545, increasing the chances of a full-fledged long movement.

Considering one of the scenarios marked on the chart: