#BTC
The price is moving within an ascending channel on the hourly timeframe. It has reached the lower boundary and is heading towards a breakout. A retest of this boundary is expected.
The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.
There is a key resistance zone in green at 65400, and the price has bounced off this zone several times, making it a strong support level.
A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level.
Entry Price: 64400
Target 1: 64182
Target 2: 63530
Target 3: 62814
Stop Loss: At the resistance zone in green.
Remember this simple rule: Manage your money.
For any questions, please leave a comment.
Thank you.
The price is moving within an ascending channel on the hourly timeframe. It has reached the lower boundary and is heading towards a breakout. A retest of this boundary is expected.
The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.
There is a key resistance zone in green at 65400, and the price has bounced off this zone several times, making it a strong support level.
A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level.
Entry Price: 64400
Target 1: 64182
Target 2: 63530
Target 3: 62814
Stop Loss: At the resistance zone in green.
Remember this simple rule: Manage your money.
For any questions, please leave a comment.
Thank you.
أغلقت الصفقة: تم الوصول للهدف
#BTCTarget 1: 64182 Reached
Target 2: 63530 Reached
Target 3: 62814 Reached
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.