BTC/USDT 4H Interval Chart

9월 9일

Hello everyone, let's look at the 4H BTC to USDT chart, in this situation we can see how the price is moving in a downtrend channel, and currently we can see how the price has moved upwards from it.
Let's start by setting goals for the near future, which include:
T1 = $58674
T2 = $60394
T3 = $62412
T4 = $65143

Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $55,105
SL2 = $53,217
SL3 = $50,380
And
SL4 = $48,219

Looking at the RSI indicator, we can see that we are high on the 4-hour interval, which may slow down the upward movement or try to recover.