BTCUSDT has broken out of its long term trend channel and is hovering near the $4150 mark. We see two potential entries on a pullback:
#1. BTC’s short term trend channel gives us a buy zone of $3960-$3980.
#2. BTC’s longer term trend channel gives us a buy zone of $3650 - $3700.
Be patient and wait for a pullback. Potential targets are $4600/$5400. We will post a more detailed signal once a pullback is confirmed.
Signal Tool: signalgroups.com
Telegram: t.me/coinandcrypto
If this idea was helpful to you please like it or comment below! Your feedback is what keeps us sharing!
#1. BTC’s short term trend channel gives us a buy zone of $3960-$3980.
#2. BTC’s longer term trend channel gives us a buy zone of $3650 - $3700.
Be patient and wait for a pullback. Potential targets are $4600/$5400. We will post a more detailed signal once a pullback is confirmed.
Signal Tool: signalgroups.com
Telegram: t.me/coinandcrypto
If this idea was helpful to you please like it or comment below! Your feedback is what keeps us sharing!
A side effect of BTC rallies is that funds flow quickly from USDT into the cryptocurrency market. This means we expect USDT pairs to rally with BTC. Our TRX, ETC, and XLM trades both rallied heavily.
Where are we going next?
There are definitely some opportunities opening to swing trade BTC up to $5200 opening up - we will post more on these later. Trades this week will likely focus on USDT pairs, with a few alts if conditions look exceptionally good. Remember that high volatility in BTC tends to lead to worse alt coin trading!