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Bullish
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Do you want to win #BinanceTournament ? You need to know that altcoins move in the same direction as $BTC but with many more % of gains, and with futures operations you can maximize that.
So, what is the BTC situation? Can we go LONG ALTCOINS or SHORT?
Lets see, in a weekly view:
We observe a break in the resistance of $31,600 that enables new objectives at $47,000. Although the movement was so abrupt that the price may take a few weeks before continuing its path. And you have to make sure that if you reset the $31,600 you don't get below it again.
And ALTCOINS? We can see +74% for $ETH +177% for AVAX +130% for $SOL for example!
So you know the advice, if Bitcoin is doing well, altcoins (that are not SCAM) will also do well. And if Bitcoin begins to fall below important floors, SHORT positions must be taken.
So, what is the BTC situation? Can we go LONG ALTCOINS or SHORT?
Lets see, in a weekly view:
We observe a break in the resistance of $31,600 that enables new objectives at $47,000. Although the movement was so abrupt that the price may take a few weeks before continuing its path. And you have to make sure that if you reset the $31,600 you don't get below it again.
And ALTCOINS? We can see +74% for $ETH +177% for AVAX +130% for $SOL for example!
So you know the advice, if Bitcoin is doing well, altcoins (that are not SCAM) will also do well. And if Bitcoin begins to fall below important floors, SHORT positions must be taken.
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
59,005.98
-2.59%
ETH
2,570.38
-3.16%
SOL
142.24
-2.52%
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