Greetings,
Today we're looking at
SCUSDT
- Instead of looking at
SCUSDT
, We're looking at the BINANCE:SCBTC pair. “Trading pairs” or “cryptocurrency pairs” are assets that can be traded for each other on an exchange. I especially like trading against BTC, a few examples; ETHBTC, SCBTC, EOSBTC. Using both BTC & USDT pairs against what ever your trading is always a good idea before entering trades.
BUY ZONES;
20-27 sats
27-35 sats
TARGETS;
51 sats
62 sats
71 sats
84 sats
103 sats
We're especially taking into consideration that SIA has broken the 50MA. Historically moves after this.
Keep in mind, we're always looking at BTCUSDT price as that price movement will always effect the whole market prices. We're also consistently using BTC.D, USDT.D when trading BTC pairs.
SATS/SATOSHIS;
A satoshi represents one hundred millionths of a bitcoin. Because bitcoin has increased in value exponentially, smaller denominations are needed for smaller transactions. Small denominations make bitcoin transactions easier to conduct while making them readable by people. For example, if you bought a $100 item with one bitcoin, your charge might ring up as .00210028 BTC, or 210,028 satoshi (if BTC equaled $47,612.81). In this example, it's easier to understand satoshi.
I hope this idea helps with someone looking at trading BTC pairs.
Remember, nothing is guaranteed, control the controllables.
Mogues
Today we're looking at
SCUSDT
- Instead of looking at
SCUSDT
, We're looking at the BINANCE:SCBTC pair. “Trading pairs” or “cryptocurrency pairs” are assets that can be traded for each other on an exchange. I especially like trading against BTC, a few examples; ETHBTC, SCBTC, EOSBTC. Using both BTC & USDT pairs against what ever your trading is always a good idea before entering trades. BUY ZONES;
20-27 sats
27-35 sats
TARGETS;
51 sats
62 sats
71 sats
84 sats
103 sats
We're especially taking into consideration that SIA has broken the 50MA. Historically moves after this.
Keep in mind, we're always looking at BTCUSDT price as that price movement will always effect the whole market prices. We're also consistently using BTC.D, USDT.D when trading BTC pairs.
SATS/SATOSHIS;
A satoshi represents one hundred millionths of a bitcoin. Because bitcoin has increased in value exponentially, smaller denominations are needed for smaller transactions. Small denominations make bitcoin transactions easier to conduct while making them readable by people. For example, if you bought a $100 item with one bitcoin, your charge might ring up as .00210028 BTC, or 210,028 satoshi (if BTC equaled $47,612.81). In this example, it's easier to understand satoshi.
I hope this idea helps with someone looking at trading BTC pairs.
Remember, nothing is guaranteed, control the controllables.
Mogues