BTC/USDT 4h - Switching to Tether

Short

Bitcoin / TetherUS (BINANCE:BTCUSDT)

Updated

BINANCE:BTCUSDT Bitcoin / TetherUS

Trend Analysis BTC BTCUSD BTCUSDT usdt short 4h 4hr cryptoexile

trendanalysis btc btcusd btcusdt usdt short 4h 4hr cryptoexile

I will be switching to USDT if this scenario plays out, and buying back BTC on the dip. Rinse repeat.

Comment:

It looks like we fell below the trend line and found support around 6300. Here are some key levels to watch out for if support fails:

Comment:

My USDT order was filled at 6715.20, it happened so fast I wasn't able to set a stop, but it worked out in the end for me anyways. I am currently up 4% in BTC, and have a +1.2% stop profit in place. It looks like we are seeing the begining of a bull run, I might switch back to BTC if I see some volume coming in. Good Luck!

Comment:

BTC needs to hold this level:

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