BTC/USDT 1H chart
Hello everyone, let's look at the current BTC situation considering the one hour interval. In this situation, we can see how the price has moved higher from the local downtrend line above which it remains.
Let's start by setting goals for the near future, which include:
T1- 60252$
T2- 62340$
T3- 64922$
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $58,076
SL2 = $56,190
SL3 = $555,256 AND
SL4 = $54,044
Looking at the RSI indicator, we see a movement at the upper limit, which may influence an attempt to recover or give a temporary sideways trend.
Let's start by setting goals for the near future, which include:
T1- 60252$
T2- 62340$
T3- 64922$
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $58,076
SL2 = $56,190
SL3 = $555,256 AND
SL4 = $54,044
Looking at the RSI indicator, we see a movement at the upper limit, which may influence an attempt to recover or give a temporary sideways 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.