Category: Tether (USDT)

BTCUSDT crossroads

It is difficult to imagine that BTCUSDT can overcome the extremely important upper trendchannel border at 7400 just so.
If it does, this would be a extremely bullish sign and a very good procyclic entry point (after confirmation).
Normally a fallback to RT at 4000 is of course more likely given this chart scenario, but with btc I’m really not sure.

This article was originally published on: The Tether Blog on