BTC/USDT 1H Targets and Stop-loss
Hello everyone, let's look at the 1H BTC to USDT chart, as we can see, the price remains on the local upward trend line, breaking it may result in a greater recovery.
Let's start by setting goals for the near future, which include:
T1 = $73,206
AND
T2 = $76955
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $71,350
SL2 = $70,435
SL3 = $69,812
AND
SL4 = $68993
Looking at the RSI indicator, we see that we have approached the trend line again and there is plenty of room for a rebound. However, the STOCH indicator also indicates a transition into recovery with room for a larger correction.
Let's start by setting goals for the near future, which include:
T1 = $73,206
AND
T2 = $76955
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $71,350
SL2 = $70,435
SL3 = $69,812
AND
SL4 = $68993
Looking at the RSI indicator, we see that we have approached the trend line again and there is plenty of room for a rebound. However, the STOCH indicator also indicates a transition into recovery with room for a larger correction.
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.