Hello everyone, let's look at the BTC to USDT chart on the four hour timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support on which the price is currently based is $16663 equal to 0.78 Fib, if the support is broken then the next support is $16419 and $15742.
Now let's...