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Rendanalysis

Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has moved upwards from the triangle marked with yellow lines. Let's start with the support line and as you can see the first support in the near future is $16361, if the support is broken then the next support is $16161, $15998 and 15829. Now let's go from the resistance line, as you can see the first resistance is $16766, if you manage to break it, the next resistance will be $16934, $17086 and $17228. Looking at the CHOP indicator, we see that in the 4-hour interval, the energy slowly begins to fall, and the MACD indicator indicates a local uptrend.
by cryptodailyuk
2
$RAIN Squeeze Target we are pumping 35%+ in the premarket over our past resistant below the 5$, now is our support , we going to see a potential resistant and selling pressure below 7.80$, if we did we need to see buying pressure happing above the 6.18$, to confirm the breaking for that resistant the next time, and continue to go up to the next price target around the 11.50$. if we went below the 6.18$, that's mean the short are heavily positioned at 7.80$, and we going to see strong buying pressure above the 5$, cause that's the last support we should have to confirm the bullish momentum , and reversal from the bearish trend that been happing since the last September last year
RLong
by TRADING-JESUS