Hello everyone, let's take a look at the BTC to USDT chart over the 1 hour timeframe. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 21,399, if the support breaks down, the next support is $ 21,330 and $ 21,236.
Now let's move from the resistance line as you can see the first resistance is $ 21,522, if you can break it the next resistance will be $ 21,638 and $ 21,734.
Looking at the CHOP indicator, we can see that there is still some energy left in the 1-hour interval, but we have some to continue moving.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 21,399, if the support breaks down, the next support is $ 21,330 and $ 21,236.
Now let's move from the resistance line as you can see the first resistance is $ 21,522, if you can break it the next resistance will be $ 21,638 and $ 21,734.
Looking at the CHOP indicator, we can see that there is still some energy left in the 1-hour interval, but we have some to continue moving.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.