Hello everyone, let's take a look at the BTC to USDT chart on the 30 minute time frame. As you can see, the price is moving below the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 18,764, if the support breaks down, the next support is $ 18,623, $ 18,508 and $ 18,396.
Now let's move from the resistance line, as you can see, the first resistance is $ 19,145, if you can break it, the next resistance will be $ 19,344, $ 19,499 and $ 19,659.
Looking at the CHOP indicator, we can see that the energy has been used in the 30-minute interval, and the MACD indicator shows a local downward trend.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 18,764, if the support breaks down, the next support is $ 18,623, $ 18,508 and $ 18,396.
Now let's move from the resistance line, as you can see, the first resistance is $ 19,145, if you can break it, the next resistance will be $ 19,344, $ 19,499 and $ 19,659.
Looking at the CHOP indicator, we can see that the energy has been used in the 30-minute interval, and the MACD indicator shows a local downward trend.