FTX:BTCPERP   Bitcoin Perpetual Futures
NEXT LEVEL TO WATCH: $50,594

As we discussed the other day BTC has had a push higher and come back into the zone that I marked out. Yesterday I entered into the following altcoins:

Matic
Cake
GRT
Link

These are strong coins that have had a big pull back since their top. I believe that if BTC breaks to new highs these will also follow. I have 50% sells at double the price of these coins at current, so that they will be risk free trades at this point. I have also been looking to get into ENJIN coin, but I am not willing to make any more investments until we see another push higher for BTC.

If we can see BTC break above $50,594 I will be looking at another level to enter alts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.