Hello everyone, let's take a look at the BTC to USDT chart in 4 hours. 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 $ 19,710, if the support collapses, the next support is $ 19,432, $ 19,159.
Now let's move from the resistance line, because the first resistance is $ 19,854, if you can break it, the next resistance will be $ 2,0005, $ 20,308 and $ 20,261.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 4H range, and the MACD indicator shows the local upward trend.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 19,710, if the support collapses, the next support is $ 19,432, $ 19,159.
Now let's move from the resistance line, because the first resistance is $ 19,854, if you can break it, the next resistance will be $ 2,0005, $ 20,308 and $ 20,261.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 4H range, and the MACD indicator shows the local upward trend.
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.
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.