Daily review of BTC interval 1H
Hello everyone, let's take a look at the BTC to USDT chart in one hour timeframe.
As you can see, the price has left the downtrend line and is currently moving above the blue 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 $ 19,088, if the support breaks down, the next support is $ 18,983, $ 18,901 and $ 18,818.
Now let's move on to the resistance line, as you can see, the first resistance is 19214, if you can break it, the next resistance will be $ 19,300, $ 19,372 and $ 19,445.
Looking at the CHOP indicator, we can see that in the one hour interval, energy begins to accumulate and the MACD indicator shows that the blue line has crossed the red one from below, which indicates a local uptrend.
As you can see, the price has left the downtrend line and is currently moving above the blue 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 $ 19,088, if the support breaks down, the next support is $ 18,983, $ 18,901 and $ 18,818.
Now let's move on to the resistance line, as you can see, the first resistance is 19214, if you can break it, the next resistance will be $ 19,300, $ 19,372 and $ 19,445.
Looking at the CHOP indicator, we can see that in the one hour interval, energy begins to accumulate and the MACD indicator shows that the blue line has crossed the red one from below, which indicates a local uptrend.
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.