Hello everyone, let's take a look at Chart BNB to USDT in 1 hour. As you can see, the price has dropped below the local uptrend line.
Let's start by establishing the support line and as you can see the first support is $ 293, which is now the price, if the support breaks, the next one is $ 278 and $ 264 and $ 244.
Now let's move on from the resistance lines we can set in the next few hours, as you can see, the first resistance is $ 304, if you can break it, the next resistance will be $ 308, $ 311 and $ 315.
Looking at the CHOP indicator, we can see that the energy has run out in the 1H interval, while the MACD indicator shows a local downward trend.
Let's start by establishing the support line and as you can see the first support is $ 293, which is now the price, if the support breaks, the next one is $ 278 and $ 264 and $ 244.
Now let's move on from the resistance lines we can set in the next few hours, as you can see, the first resistance is $ 304, if you can break it, the next resistance will be $ 308, $ 311 and $ 315.
Looking at the CHOP indicator, we can see that the energy has run out in the 1H interval, while the MACD indicator shows a local downward trend.