BTCUSDT - 1h - Flying to a new ATH
2024-12-15
Category: None

BTCUSDT - 1h - Flying to a new ATH

TRADEX BOT NEWS:

We are continuing to move forward with the development of the CEX autotrading bot. At the moment we are testing it on OKx accounts, but we are working to include other exchanges: binance, coinbase, krakken...

We have also added "all" of the exchange's trading pairs.

This will be the first version of TradeX BoT, which will work as a second layer Order Book in CEX markets, hiding our greed (TP) and fears (SL) from the exchanges.

We will have more news soon!

Thank you!

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BTCUSDT - 1h - Flying to a new ATH

The resistances are being hit until they are overcome.

That is what is happening with BTC, it could turn around in the resistance zone and easily clear the 90K to go up again and look for a new ATH. However, the bears are losing this battle, so it is more likely that BTC will look for the upper zone of the channel at 107K. Who knows if from that zone it will clear SL and liquidity gaps or will rely on 100k 102k to continue rising.

Regardless of the strategy you develop, do not forget to take precautions (SL), since BTC's turns are usually like a roller coaster.

LEVELS:

TP: 107K
SL: 101K
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Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or another, taking the necessary deposits from your portfolio.

TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.

This tool is in the process of development and the BETA will soon be ready for testing.

FOLLOW ME and I will keep you informed of the progress we make.

I share with you my technical analysis assessments on certain values ​​that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, educate yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)