Bitcoin / TetherUS
Long
Aggiornato

#BTC/USDT Bullish Divergence on 1H, Low Risk Trade

204
#BTC

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.

We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.

There is a major support area in green at 109800, which represents a strong support point.

For inquiries, please leave a comment.

We are in a consolidation trend above the 100 Moving Average.

Entry price: 111164
First target: 111727
Second target: 112450
Third target: 113470

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.
Trade chiuso: obiettivo raggiunto
istantanea
#BTC
First target: 111727 Reached
Second target: 112450 Reached
Third target: 113470 Reached

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