Hello everyone, let's take a look at the BTC to USDT chart on a four-hour time frame. As you can see, the price is climbing along the local upward trend line.
After unfolding the Fib Retracement saitka, we can see support at $41,853, and then we have a strong zone from $39,658 to $38,529.
Looking the other way, there is strong resistance at $44,985, but before that the price must break out of the resistance zone from $42,503 to $43,600.
The RSI indicator still shows room for a downward move, while the STOCH indicator is approaching the upper limit, which may also translate into a price recovery.
After unfolding the Fib Retracement saitka, we can see support at $41,853, and then we have a strong zone from $39,658 to $38,529.
Looking the other way, there is strong resistance at $44,985, but before that the price must break out of the resistance zone from $42,503 to $43,600.
The RSI indicator still shows room for a downward move, while the STOCH indicator is approaching the upper limit, which may also translate into a price recovery.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.