BTC/USDT 4h Chart Review
I invite you to a quick review of BTC to USDT. As you can see, the price is starting to break out of the local upward trend line.
After using the Fib Retracement grid, you can see how the resistance zone from $52,353 to $52,821 rejected the price increases.
Looking the other way, you can see support at $51,780, next at $51,331, and then strong support around $50,621.
Downward trend lines can be identified on the RSI, while on the STOCH indicator, on the four-hour interval, there is a lot of room for recovery.
After using the Fib Retracement grid, you can see how the resistance zone from $52,353 to $52,821 rejected the price increases.
Looking the other way, you can see support at $51,780, next at $51,331, and then strong support around $50,621.
Downward trend lines can be identified on the RSI, while on the STOCH indicator, on the four-hour interval, there is a lot of room for recovery.
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.
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.