Hello everyone, let's take a look at the 30M BTC to USDT chart as we can see that the price has attempted to break out of the downtrend line with the upper hand.
Let's start by setting goals for the near future that we can include: TP1 = $68246 TP2 = $69,303 AND TP3 = $70968
Now let's move on to the stop-loss in case of further market declines: SL1 = $66,644 SL2 = $65,198 to $64,178 AND SL3 = $62,860
Looking at the RSI indicator, you can see that it is bouncing off the local downward trend line, which may continue to decline, while the STOCH indicator gives small increases, ending with a decline.
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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.