Crypto Market Outlook, 26th October

BTCUSD suffered a minor retracement after breaking all time highs last week, the pair closing down -1.10%. Whereas ETHUSD closed up +6.17%, it didn’t really break the all time high decisively. This week sees the uptrend continuing, and those respective highs will be the big questions.

 

BTCUSD

 

 

Offers are waiting at $65,000 and are also forming at $66,000, $1k below the latest all time high.

 

Bids are reappearing at $60,000 after being fully consumed by aggressive sellers one day ago, but lacking the momentum to follow through and sell lower. More bids at $59,000, larger at $58,000.

 

ETHUSD

 

 

Offers are at $4,300, very large around $4,400 (ATHs) and $4,500.

 

Bids are light at $4,000, $3,950, $3,900, but very large and layered from $3,800 to just under $3,850, which is also the swing low of the spike down after initially making all time highs on most exchanges.

 

 

 

 

Receive updates about new articles

Follow us on social media

📢50% OFF Global Plus!

👉One month of the best trading package at half-price for the same price.

👉Get access to some of the best addons in the business, including DOM Pro, Multibook Customizer, and Execution Pro

👉Get it now!
https://t.co/nMgtxD9ayI

#bmbluejacket winner Rob Davies shows his trades on the ES (S&P 500) based on a stop run above the VWAP (Volume-Weighted Average Price) within the context of his volume profile analysis.

For more Insights: https://t.co/OvJZUYizRr

No morning stream today. Charles will be appearing on the @bookmap_pro youtube page and discord at 10AM.

See you there, me hearties!

https://t.co/Tb0fP0UY6R