BTC/USDT 4H Interval Chart
Hello everyone, let's look at the 4H BTC to USDT chart, in this situation we can see how the price is moving in a downtrend channel, and currently we can see how the price has moved upwards from it.
Let's start by setting goals for the near future, which include:
T1 = $58674
T2 = $60394
T3 = $62412
T4 = $65143
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $55,105
SL2 = $53,217
SL3 = $50,380
And
SL4 = $48,219
Looking at the RSI indicator, we can see that we are high on the 4-hour interval, which may slow down the upward movement or try to recover.
Let's start by setting goals for the near future, which include:
T1 = $58674
T2 = $60394
T3 = $62412
T4 = $65143
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $55,105
SL2 = $53,217
SL3 = $50,380
And
SL4 = $48,219
Looking at the RSI indicator, we can see that we are high on the 4-hour interval, which may slow down the upward movement or try to recover.
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.