Hello everyone, let's take a look at the BTC to USDT chart over the weekend 1. As you can see, the price is moving in an uptrend channel marked by blue lianas.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 40,586 if the support breaks, the next is $ 38,755, the next support at $ 36,204 and another at $ 32,933.
Now let's move from the resistance line as you can see the first resistance is $ 42,156, if you can break it the next resistance will be $ 43,334 another at $ 44,479.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 1 weekend interval and we can expect big moves in the near future. It is worth paying attention to the MACD indicator which shows that we are in the growth phase.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 40,586 if the support breaks, the next is $ 38,755, the next support at $ 36,204 and another at $ 32,933.
Now let's move from the resistance line as you can see the first resistance is $ 42,156, if you can break it the next resistance will be $ 43,334 another at $ 44,479.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 1 weekend interval and we can expect big moves in the near future. It is worth paying attention to the MACD indicator which shows that we are in the growth phase.