BTC/USDT 4
Hello everyone, let's look at the 4H BTC to USDT chart, in this situation we can see the price keeps below the downtrend line.
Let's start by setting goals for the near future, which include:
Target 1 59354 $
Target 2 61918 $
Target 3 65572 $
Target 4 70217 $
Now let's move on to the stop-loss in case the market continues to decline:
Stop loss= 56,828 $
Stop loss = 54,943 $
Stop loss= 52,196 $
AND
Stop loss = 48,733 $
Looking at the RSI indicator, we see
That it is approaching the upper limit again, which may result in a price recovery in the coming hours.
Let's start by setting goals for the near future, which include:
Target 1 59354 $
Target 2 61918 $
Target 3 65572 $
Target 4 70217 $
Now let's move on to the stop-loss in case the market continues to decline:
Stop loss= 56,828 $
Stop loss = 54,943 $
Stop loss= 52,196 $
AND
Stop loss = 48,733 $
Looking at the RSI indicator, we see
That it is approaching the upper limit again, which may result in a price recovery in the coming hours.
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.
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.