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Technical analysis by cryptodailyuk about Symbol BTC on 5/24/2025

https://sahmeto.com/message/3544407
cryptodailyuk
cryptodailyuk
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Hello everyone, let's look at the 1H BTC chart to USD, in this situation we can see how the price dropped below the local upward trend line. Going further, let's check the places of potential target for the price: T1 = 109196 $ T2 = 110644 $ Т3 = 111850 $ t4 = 112951 $ Let's go to Stop-Loss now in case of further declines on the market: SL1 = 108351 $ SL2 = 107537 $ SL3 = 106390 $ SL4 = 105455 $ Looking at the RSI indicator, we see staying over the upper limit, which can give price drops, while the MacD indicator lasts at the bottom of the range and is close to returning to the upward trend.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 hour
Price at Publish Time:
$109,000.88
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