Hello everyone, let's take a look at the BTC to USDT chart over time. As you can see, the price is moving in an uptrend channel marked with blue lines.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 39,808, if the support breaks down, the next one is $ 37,558.
Now let's move from the resistance line as you can see the first resistance is $ 41,429, if you can break it the next resistance will be $ 42,779 and $ 43,769.
It is worth paying attention to the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy and we can expect movement in inspiring hours.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 39,808, if the support breaks down, the next one is $ 37,558.
Now let's move from the resistance line as you can see the first resistance is $ 41,429, if you can break it the next resistance will be $ 42,779 and $ 43,769.
It is worth paying attention to the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy and we can expect movement in inspiring hours.