BTCUSDT
The way forward in 1 hour time frame.
The first support is 40417 and if it is broken, it will reach 39120
Trade closed: target reached:
Candles have passed the first target and the second target will be available soon ;)
Comment:
The candles came out of the Fibonacci channel and reacted to the specified support level (39120). This could be the beginning of a downtrend with the support levels shown in the image.