wavepoint99

BTCUSDT - Rising Trend Channel

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
- BTC is in a rising trend channel in the medium long term.
- There is no resistance in the price chart and further rise is indicated.
In case of a negative reaction, the currency has support at approximately 25000.
- RSI diverges negatively against the price, which indicates danger of a reaction downwards.
- Overall assessed as technically positive for the medium long term.

*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price

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