#BTC
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is poised to break it strongly upwards and retest it.
We have a bearish trend on the RSI indicator that is about to be broken and retested, supporting the upside.
There is a major support area in green at 108062, which represents a strong basis for the upside.
For inquiries, please leave a comment.
We are in a consolidation trend above the 100 Moving Average.
Entry price: 108450
First target: 108959
Second target: 109541
Third target: 110325
Don't forget a simple matter: capital management.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is poised to break it strongly upwards and retest it.
We have a bearish trend on the RSI indicator that is about to be broken and retested, supporting the upside.
There is a major support area in green at 108062, which represents a strong basis for the upside.
For inquiries, please leave a comment.
We are in a consolidation trend above the 100 Moving Average.
Entry price: 108450
First target: 108959
Second target: 109541
Third target: 110325
Don't forget a simple matter: capital management.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
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.
🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
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.