Bitcoin / TetherUS
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#BTCUSDT Let Bitcoin make a new ATH

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#BTC

The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. 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.

A key support zone has been identified in green at 77200. The price has bounced off this zone several times, making it a strong support level.

The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.

Entry Price: 80600
First Target: 81420
Second Target: 82242
Third Target: 83400

You can close at the second target or wait for the third target to be reached. The choice is yours.

Stop Loss: At the resistance zone in green.

Remember this simple rule: Money Management.

Any questions? Please leave a comment.

Thank you.
トレード稼働中
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#BTC
First Target: 81420 Reached
Second Target: 82242 Reached

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