BTC/USDT Short-Term Review
Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price is moving above the local downtrend line.
After unfolding the Fib Retracement grid, we have a visible support zone from $26,493 to $26,192, then a second strong zone from $25,891 to $25,455, and then strong support at $24,884.
Looking the other way, we have a strong resistance zone from $26,916 to $27,463, which has rejected the price increase, but when it is broken, there is still strong resistance at $28,181.
Looking at the CHOP indicator, we see that the energy has been used, and on the RSI we have a strong rebound to the lower limit, which stopped further declines.
After unfolding the Fib Retracement grid, we have a visible support zone from $26,493 to $26,192, then a second strong zone from $25,891 to $25,455, and then strong support at $24,884.
Looking the other way, we have a strong resistance zone from $26,916 to $27,463, which has rejected the price increase, but when it is broken, there is still strong resistance at $28,181.
Looking at the CHOP indicator, we see that the energy has been used, and on the RSI we have a strong rebound to the lower limit, which stopped further declines.
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.