Daily review of BTC interval 4HHello everyone, I invite you to the BTC to USDT review for four hours and as you can see we are moving above the local uptrend line.
Looking at the next hours, maybe days we have a support zone from twenty thousand six hundred fifty one dollars to twenty thousand four hundred twenty two dollars, if this zone is broken the next support is at a price of nineteen thousand seven hundred sixty seven dollars.
Looking the other way, we have a resistance zone from twenty thousand nine hundred and twenty dollars to twenty one thousand one hundred and seventeen dollars, then we have resistance at twenty one thousand two hundred ninety seven dollars and twenty one thousand four hundred sixty eight dollars.
At the four-hour interval, the chop index indicates that the energy has been used and is slowly starting to increase, while the makdi indicator indicates a local downward trend.
Supportzonen
Daily review of BTC interval 1DHello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, the price is close to exiting the current downtrend channel.
Let's start by determining the support that the price has in the event of a further correction, and as you can see, we have a support zone from $ 18,979 to $ 18,123 in front of us.
Now let's move from the resistance line, as you can see, the first resistance is $ 19,222, if you can break it, the next resistance will be $ 19,899, the third resistance at $ 20,462 and the fourth resistance at $ 21,003.
Looking at the CHOP indicator, we can see that on the 1-day interval most of the energy has been used and the MACD indicator shows that the blue line is approaching the red crossing from below, which could confirm the upward trend shift.
Will BTC come out of the current channel?Hi everyone.
Today we take a look at the BTC to USDT chart on a 1 hour time frame. We see an upward channel in which the price moves, and as you can see, we are currently at the upper end of our channel.
There is a resistance zone from $ 24,696 to $ 26,196 ahead of us to break, a break in this zone would result in an upward exit from the growth channel.
However, if the price starts to turn back, the first stronger support is at $ 23,021, and if it does not keep the price, we still have a support zone from $ 20,957 to $ 17,669.
It is worth paying attention to the CHOP indicator which shows that in a small interval the energy has been consumed, while the MACD indicator indicates a local upward trend.