BTC/USDT - 1h - Analysis published on 03/01/2021

Moon to Earth … it’s Cosmo 😃 again and I have yet another BTC/USDT analysis for you tonight.
Let's get started: Summary of the Analysis for BTC/USDT (1 hour time frame)
Trends: Short Term - Bullish & Long Term – Bullish

Crypto Screener™ (by TradingView) Rating: BUY

Technical Indicators (by TradingView & intotheblock): BUY
- Summary: 3 Bearish; 10 Neutral & 13 Bullish
- Oscillators: 1 Bearish; 9 Neutral & 1 Bullish
- Moving Averages: 2 Bearish; 1 Neutral & 12 Bullish

Fundamentals: BUY
- Circulating/ Max Supply = 89% --> BUY
- 908 out of 1,000 Fundamental Crypto Asset Score (FCAS™ by Flipside Crypto)
- A- SIMETRY™ Rating (by Crypto Briefing)
- AA Rating with stable outlook by TokenInsight
- 99.8% out of 100% Asset Score™ by TokenInsight
- 85.18 Dynamic Performance Score™ by TokenInsight

AI (Artificial Intelligence) by CENTRALCHARTS: BUY

Multi Timeframe Analysis:
- 1h (1 hour frame): negative
- 4h (4 hours frame): positive
- D (1 day frame): positive
- 7d (last 7 days): negative

My Opinion: BUY - Bullish over USDT 45,020
My targets: 52,042 (+7.4%) & 54,989 +13.5% (from current price level)

Today Bitcoin broke out of last week’s bearish trend (20° downwards) from ATH (all time high). Traders may consider long (buy) positions if the price stays well above USDT 45,020 (Stop Loss Level = 1st light red line below current price; -7.1% from current price level). Next resistance levels are indicated as light green lines in the chart. A bullish breakout above a resistance line would increase bullish momentum.
Signal Force (0-10): 4 = medium force

We are currently trading slightly below Session VWAP (Session started 05:00 PM UTC+1). Should we break significantly upwards this would be a strong BUY signal.

Please note that as a Hedge Fund Manager I would NEVER go outright long = only buy ... I always have potentially underperforming coins or tokens short against the longs!
The trick is, that (because of good research) the longs perform better than the shorts in all market situations.

Like and follow as the next analysis will focus on over- and underperforming (compared to BTC) coins and tokens again. Please also look at my current AVAX/BTC Analysis --> AVALANCHE SHORT.
We now have 1 LONG and 1 SHORT and that’s exactly what the big guys do 🤑: They always organize their Portfolios as a Hedge.
Heard about this very successful trading strategy? With this structure you'll be able to make money 😍🍀💵 in all market situations and independent from the price action and level!

Happy trading everyone!

Published on 03/01/2021, 8:00 PM (UTC+1)

Comment:

--> Target: USD 52,042 (+7.4%) reached

Comment:

--> Target: USD 54,989 +13.5% reached
---> YAY, SUCCESS ... all targets reached !!!