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.

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.

Trade BTC-USDT on Delta.

Crypto Snippet - February 2021