#BTC/USDT
2024-11-01

#BTC

The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue

We have a trend to stabilize above the moving average 100 again

We have a descending trend on the RSI indicator that supports the rise by breaking it upwards

We have a support area at the lower limit of the channel at a price of 70500

Entry price 70500
First target 71700
Second target 72660
Third target 73712