Hello everyone, let's take a look at the 30M BTC to USDT chart as we can see that the price has attempted to break out of the downtrend line with the upper hand.
Let's start by setting goals for the near future that we can include:
TP1 = $68246
TP2 = $69,303
AND
TP3 = $70968
Now let's move on to the stop-loss in case of further market declines:
SL1 = $66,644
SL2 = $65,198 to $64,178
AND
SL3 = $62,860
Looking at the RSI indicator, you can see that it is bouncing off the local downward trend line, which may continue to decline, while the STOCH indicator gives small increases, ending with a decline.
Let's start by setting goals for the near future that we can include:
TP1 = $68246
TP2 = $69,303
AND
TP3 = $70968
Now let's move on to the stop-loss in case of further market declines:
SL1 = $66,644
SL2 = $65,198 to $64,178
AND
SL3 = $62,860
Looking at the RSI indicator, you can see that it is bouncing off the local downward trend line, which may continue to decline, while the STOCH indicator gives small increases, ending with a decline.