BTC/USDT 1H chart review
2024-12-31
Category: None

Hello everyone, let's look at the 1H BTC to USDT chart, in this situation we can see how the price is moving in the local downward trend channel in which we very quickly saw a return to the lower border of the channel.  Let's start, however, by defining the goals for the near future that the price must face:
  T1 = $93,246
  T2 = $94,045
  T3 = $94639    
  T4 = $95,413
  Now let's move on to the stop-loss in case the market continues to decline:
  SL1 = $92462
  SL2 = $91,530
  SL3 = $90,550

  Looking at the RSI indicator, we see
 how we entered the downtrend again after dynamically exceeding the upper limit of the range.