Hello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price came out of the triangle top.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 31,391, if the support breaks down, the next ones are $ 30,719 and $ 30,249 and $ 29,711.
Now let's move from the resistance line as you can see the first resistance is $ 33,373, if you can break it the next resistance will be $ 34,952 and $ 37,170.
Looking at the CHOP indicator, we can see that in the 4-hour interval most of the energy has been used for the current price increases.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 31,391, if the support breaks down, the next ones are $ 30,719 and $ 30,249 and $ 29,711.
Now let's move from the resistance line as you can see the first resistance is $ 33,373, if you can break it the next resistance will be $ 34,952 and $ 37,170.
Looking at the CHOP indicator, we can see that in the 4-hour interval most of the energy has been used for the current price increases.