Category: Tether (USDT)

BTCUSD long

BTC has just broken out of its downtrend. But the path upwards is sometimes not a straight one. It may work its way along the upper descending parallel. So at this point it is difficult to get an entry with a small stop. I have drawn a Schiff Fork which may show new upwards slope.
I will reassess in eight or nine hours.

This article was originally published on: The Tether Blog on