BTC/USDT 4H chart review
Hello everyone, let's look at the 4H BTC chart to USDT, in this situation we can see how the price moves under the downward trend line, what's more, you can see how the attempt to go out the mountain was temporarily rejected.
However, let's start by defining goals for the near future the price must face:
T1 = 100045 $
T2 = 101106 $
Т3 = 102483 $
T4 = 104326 $
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = 99235 $
SL2 = 95486 $
SL3 = 93607 $
SL4 = 91206 $
Looking at the RSI indicator, we see how we stay in the bottom of the range, while on MacD we fight to return to the upward trend.
However, let's start by defining goals for the near future the price must face:
T1 = 100045 $
T2 = 101106 $
Т3 = 102483 $
T4 = 104326 $
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = 99235 $
SL2 = 95486 $
SL3 = 93607 $
SL4 = 91206 $
Looking at the RSI indicator, we see how we stay in the bottom of the range, while on MacD we fight to return to the upward trend.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.