Hello everyone, let's take a look at the BTC to USDT chart in 1 day. As you can see, the price is moving above the local downtrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 22,144, if the support collapses, the next support is $ 21,229, $ 20,593 and $ 19,943.
Now let's move on from the resistance line, because the first resistance that price is currently battling is $ 23,099, if you can break it, the next resistance will be $ 24,713 and $ 26,307.
Looking at the CHOP indicator, we can see that we still have a lot of energy in the 1-day range, and the MACD indicator shows that we are in a local uptrend.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 22,144, if the support collapses, the next support is $ 21,229, $ 20,593 and $ 19,943.
Now let's move on from the resistance line, because the first resistance that price is currently battling is $ 23,099, if you can break it, the next resistance will be $ 24,713 and $ 26,307.
Looking at the CHOP indicator, we can see that we still have a lot of energy in the 1-day range, and the MACD indicator shows that we are in a local uptrend.
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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.
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.