$BTC Lesser-Known Fact:

"Altcoins in BTC Pairs often reveal real strength of a coin."

Many people only look at USDT pairs (such as ETH/USDT), but the real strength shows how an altcoin is performing against BTC i.e. is it rising faster than Bitcoin?

When Altcoin/BTC pair goes up, it means it is growing faster than BTC = sign of Altcoin season.

Example Pair: $ARB/BTC (Arbitrum vs Bitcoin)

Quick Analysis (Suppose):

ARB/BTC has formed a double bottom

has crossed above 50 MA

Slight increase in volume

Trade Plan:

Entry: 0.00001450 BTC (after confirmation candle)

Target 1: 0.00001520 BTC

Target 2: 0.00001600 BTC

Stop Loss: 0.00001410 BTC

Risk:Reward Ratio: Around 1:2.5

Pro Tip:

When trading in BTC pair, it is important to look at the price of BTC as well. If BTC is falling sharply, then Altcoin may also suffer losses - even in BTC pair!