Hello everyone, let's look at the 1D BTC chart for USD, in this situation we can see how the price came out of a strong downward trend, which gave a strong upward movement for the price. Going further, let's check the places of potential target for the price:
T1 = 96592 $
T2 = 101878 $
Т3 = 109442 $
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = 92363 $
SL2 = 89028 $
SL3 = 83498 $
SL4 = 79350 $
Looking at the RSI indicator, we can see that despite a small price change, the indicator strongly reacted what potentially can give energy to further price increases in the coming weeks.
T1 = 96592 $
T2 = 101878 $
Т3 = 109442 $
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = 92363 $
SL2 = 89028 $
SL3 = 83498 $
SL4 = 79350 $
Looking at the RSI indicator, we can see that despite a small price change, the indicator strongly reacted what potentially can give energy to further price increases in the coming weeks.
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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.
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.