Bitcoin / Tether

BTC/USDT 1H Targets and Stop-loss

210
Hello everyone, let's look at the 1H BTC to USDT chart as we can see that the price is moving below the local downtrend line.

Let's start by setting goals for the near future that we can include:
T1 = $69,694
T2 = $69,974
AND
T3 = $70,333

Now let's move on to the stop-loss in case of further market declines:
SL1 = $69,278
SL2 = $69,014
AND
SL3 = $68,554

Looking at the RSI indicator and the STOCH indicator, it is clear that there is still room for a continuation of the recovery.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.