Bitcoin / TetherUS
Short
Updated

#BTC/USDT

212
#BTC

Bitcoin is moving in a sideways channel on the 4-hour frame and is perfectly adhering to the lower limit of $58,000 which acts as support and the upper limit of $61,350 which acts as resistance

We have saturation on the RSI indicator and a downward trend to touch the broken trend

We have a trend to touch the moving average 100

Entry price 61,300 $
First target 59,600 $
Second target 58,000 $
Trade closed: target reached
First target 59,600 $ Reached
Price Reached 58,600 $

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.