BTC/USDT 4H Interval Chart Review
Hello everyone, let's look at the 4H 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 = $65,158 - $65,877
T2 = $66,861
AND
T3 = $68975
Now let's move on to the stop-loss in case of further market declines:
SL1 = $62,880 - $61,808
SL2 = $59031
The volume shows a predominance of green candles, but they are weaker than the previous downward ones. We remain in a downward trend on the RSI, adding the STOCH indicator which is quite low, we can see an attempt to increase the price before another recovery.
Let's start by setting goals for the near future that we can include:
T1 = $65,158 - $65,877
T2 = $66,861
AND
T3 = $68975
Now let's move on to the stop-loss in case of further market declines:
SL1 = $62,880 - $61,808
SL2 = $59031
The volume shows a predominance of green candles, but they are weaker than the previous downward ones. We remain in a downward trend on the RSI, adding the STOCH indicator which is quite low, we can see an attempt to increase the price before another recovery.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.