BTC is moving in the local uptrend channel!
Hello everyone, let's take a look at the BTC to USDT chart over a 1 day timeframe. As you can see, the price is moving in the uptrend channel.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 22,726, if the support breaks down, the next support is $ 21,753, $ 20,935 and $ 20149.
Now let's move from the resistance line as you can see the first resistance is $ 23039, if you can break it the next resistance will be $ 24,703 and $ 26,379.
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 a local upward trend.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 22,726, if the support breaks down, the next support is $ 21,753, $ 20,935 and $ 20149.
Now let's move from the resistance line as you can see the first resistance is $ 23039, if you can break it the next resistance will be $ 24,703 and $ 26,379.
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 a local upward trend.