BTC in the support zone again
Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As we can see, the price has created a downward trend channel, from which it tried to get out at the top, but currently it is returning to the channel.
The return to the falling channel also brought a return to the strong support zone from $64,643 to $62,206, further support is visible at $59,042, but if the supports are broken, we can see a dynamic downward movement towards the zone from $53,034 to $49,936 .
Looking the other way, when the current zone maintains the price and we go above the channel again, we can see an increase to the resistance at $68,853, and then the price may again attack the previously created ATH at $73,816.
The return to the falling channel also brought a return to the strong support zone from $64,643 to $62,206, further support is visible at $59,042, but if the supports are broken, we can see a dynamic downward movement towards the zone from $53,034 to $49,936 .
Looking the other way, when the current zone maintains the price and we go above the channel again, we can see an increase to the resistance at $68,853, and then the price may again attack the previously created ATH at $73,816.
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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.