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Bitcoin / TetherUS
Long

#BTC/USDT

By CryptoAnalystSignal
Updated

#BTC

#BITCOIN

The price is moving in a descending channel on the 1-hour frame and is adhering to its borders well. The price reached the upper limit of the channel and closed above it, which supports the rise.

The price also touched the 100 moving average and is expected to rebound from it.

The price is now at $59,200, which is the entry price.

The first target is $60,000.

The second target is $61,200.

We have a downtrend on the RSI, but from
Trade closed: target reached
The first target is $60,000. Reached
The second target is $61,200. Reached
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