BTC/USDT [2] - First Target reached, Future Target Edit

in #analysis • 7 years ago

Our $15300 target from yesterday has already hit and the next target I set for $16100 is just a few pips away it seems. I think that last target was a little to conservative. BTC is showing more momentum and not much resistance which is why I am bumping up the target to $16800 a previous resistance zone.

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BTC[2].PNG

Alts got crushed today, BTC wiped the floor on most of the alts, however this is not going to continue for much longer. I do believe we will see an alt comeback within this week or so...

I will be posting about alts this week probably.

SUMMARY:

BTC/USDT: SHORT TERM TRADE (1-10 days). Profit Target at $16800. Stop-loss at $13600.

Technical charts is based on BTC/USDT 240 Bittrex

DISCLAIMER: The author currently holds positions in BTC.

#bitcoin #cryptocurrency #trading #bittrex
7 years ago in #analysis by
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