BTC/USDT Short-Term 1HInterval
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 uptrend line.
After unfolding the trend based fib extension grid, you can see a support zone from $34,451 to $34,202, and then we have a second zone that protects against a return to $31,000, from $33,797 to $33,511.
Looking the other way, you can see that the price has been rejected by the resistance zone from $34,578 to $34,880, but when we break out of it, there is still resistance at $35,285.
Looking at the CHOP indicator, we see that there is still energy left for a move, while the RSI indicator and the STOCH indicator indicate that we may see a greater price recovery.
After unfolding the trend based fib extension grid, you can see a support zone from $34,451 to $34,202, and then we have a second zone that protects against a return to $31,000, from $33,797 to $33,511.
Looking the other way, you can see that the price has been rejected by the resistance zone from $34,578 to $34,880, but when we break out of it, there is still resistance at $35,285.
Looking at the CHOP indicator, we see that there is still energy left for a move, while the RSI indicator and the STOCH indicator indicate that we may see a greater price recovery.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.