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Crypto SnippetFebruary 1, 2021

Crypto Snippet - February 2021

Neeraj Thakur
February 1, 2021
What's in this post?
    Crypto Snippet is a brief overview of the crypto market; focused on Derivatives. This is not financial advice.

    Crypto Pair: ETH-USDT

    Date: 3rd February 2021

    ETH has conclusively broken out its ATH after consolidating for the last couple of weeks. One could look to Long for a target of 1800 and 2500 USDT with a stop loss below 1200 USDT.

    ETH-USDT

    Trade ETH-USDT on Delta.


    Crypto Pair: BTC-USDT

    Date: 1st February 2021

    BTC was unable to sustain the 20% up move on the monthly expiry. Weakness is likely to continue for the medium term. One could look to Short for a target of 28K and 24K with a stop loss above 36K on the daily candle.

    BTC-USDT

    Trade BTC-USDT on Delta.

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