#BTC/USDT      Ready to go higher
2025-01-16
Category: None

#BTC

The price is moving in a descending channel on the 30-minute frame and sticking to it well

We have a bounce from the lower limit of the descending channel, this support is at 98500

We have a downtrend on the RSI indicator that is about to be broken, which supports the rise

We have a trend to stabilize above the moving average 100

Entry price 99100
First target 100090
Second target 101025
Third target 101990

