BTC broke the target short and fights with $ 31,822
Hello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 31,100, if the support breaks down, the next one is $ 30,340 and $ 29,619 and $ 28,859.
Now let's move from the resistance line as you can see the first resistance is $ 31,822, if you can break it the next resistance will be $ 33,417 and $ 34,974 and $ 37,177.
Looking at the CHOP indicator, we can see that in the 1-day interval we still have a lot of energy to use, while the MACD indicator shows that we are in a local upward trend.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 31,100, if the support breaks down, the next one is $ 30,340 and $ 29,619 and $ 28,859.
Now let's move from the resistance line as you can see the first resistance is $ 31,822, if you can break it the next resistance will be $ 33,417 and $ 34,974 and $ 37,177.
Looking at the CHOP indicator, we can see that in the 1-day interval we still have a lot of energy to use, while the MACD indicator shows that we are in a local upward trend.