September 24, 2022

Hello everyone, let’s take a look at the Bitcoin (BTC) to USDT chart on a 4 day time frame. As you can see, the price is moving above the local uptrend line.

Let’s start with the support line mark and as you can see the first support in the near future is $ 19,255if the support breaks, the next support is $ 19,119$ 19,002 and $ 18,894.

Now let’s go from the resistance line because you can see that the first resistance is $ 19,312if you can break it the next resistance will be $ 19,492$ 19,681 and $ 19,947.

Looking at the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy and the MACD indicator shows a local uptrend.

Disclaimer: Technical analysis is provided by a third party for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment or financial advice.

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