BTC 4H Review Chart
Hello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving in an ascending triangle.
We'll start by presenting the most important supports. The first support is at $28,341, then we have a strong support zone from $27,974 to $27,494, followed by a second support zone from $26,917 to $26,309.
Now let's move on to the resistances and here we first have a small zone from $29724 to $29813, then there is a second strong zone from $30604 to $31162 and then resistance at $31864.
The CHOP index indicates that there is still energy for movement, the RSI has a quick rebound, but we still have not touched the lower limit, the STOCH indicator also indicates a rebound, but the energy is quickly exhausted.
We'll start by presenting the most important supports. The first support is at $28,341, then we have a strong support zone from $27,974 to $27,494, followed by a second support zone from $26,917 to $26,309.
Now let's move on to the resistances and here we first have a small zone from $29724 to $29813, then there is a second strong zone from $30604 to $31162 and then resistance at $31864.
The CHOP index indicates that there is still energy for movement, the RSI has a quick rebound, but we still have not touched the lower limit, the STOCH indicator also indicates a rebound, but the energy is quickly exhausted.
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