Daily BTC 4HChart - resistance and support
Hello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $27350, which currently held the price, if the support is broken then the next support is $26970, and then at the price of $26478.
Now let's go to the resistance line, as you can see the first resistance is $27502, if we manage to break it, the next resistance will be $27821, the third resistance will be $28065 and the fourth resistance is at $28323.
Looking at the CHOP indicator, we see that there is still some energy left for the move, the MACD confirms the ongoing downward trend, while the RSI has a further rebound, which will create room for new increases in the longer term.
Let's start with the support line and as you can see the first support in the near future is $27350, which currently held the price, if the support is broken then the next support is $26970, and then at the price of $26478.
Now let's go to the resistance line, as you can see the first resistance is $27502, if we manage to break it, the next resistance will be $27821, the third resistance will be $28065 and the fourth resistance is at $28323.
Looking at the CHOP indicator, we see that there is still some energy left for the move, the MACD confirms the ongoing downward trend, while the RSI has a further rebound, which will create room for new increases in the longer term.
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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.