BTC/USDT 4HInterval Chart
Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price remains below the local downtrend line.
After using Fib Retracement, support is visible at the level of $50,079, and the next important level is $49,282.
Looking the other way, first the resistance is at $51,446, and then we have a strong zone from $52,461 to $52,997.
The RSI indicator shows a movement below the trend line, with room for further recovery, while the STOCH indicator is reflecting from the lower border, but the rebounds result in a greater price decline.
After using Fib Retracement, support is visible at the level of $50,079, and the next important level is $49,282.
Looking the other way, first the resistance is at $51,446, and then we have a strong zone from $52,461 to $52,997.
The RSI indicator shows a movement below the trend line, with room for further recovery, while the STOCH indicator is reflecting from the lower border, but the rebounds result in a greater price decline.
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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.