CoinAndCrypto

BTCUSDT Update and Profit Taking

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT has hit it's first target of $5600. We take partial profits here in anticipation of a retrace to the bottom of the channel $5200 and to the strong support at $4800. Make sure you have free capital for a retracement! If BTC continues to move up the next obvious resistance is 6000-6100. Set targets for your remaining BTC at this point.

Our ETH Signal is still active from $155. It typically lags behind BTC. Set sell targets at $182 / $196.

Alt coins always suffer as BTC dominance increases. We will monitor for good buying opportunities on across BTC pairs.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.