BTC/USDT 1HInterval Chart
Hello everyone, let's take a look at the BTC to USDT chart on an hourly basis, as you can see we are staying above the local upward trend line.
After unfolding the trend based fib extension, you can see support at the level of $42,443, and then you can see the zone from $42,001 to $41,679.
Looking the other way, you can see the price struggling with the resistance zone from $42,977 to $43,275, and then resistance at $44,139.
There is room for growth on the RSI, but the STOCH indicator is moving at the upper limit, which may translate into a rebound.
After unfolding the trend based fib extension, you can see support at the level of $42,443, and then you can see the zone from $42,001 to $41,679.
Looking the other way, you can see the price struggling with the resistance zone from $42,977 to $43,275, and then resistance at $44,139.
There is room for growth on the RSI, but the STOCH indicator is moving at the upper limit, which may translate into a rebound.