Hello everyone, let's take a look at the BTC to USDT chart on a 15 minute time frame. As you can see, the price is moving in the local downward channel.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 22,573, if the support breaks down, the next support is $ 22,552, $ 22,528 and $ 22,495.
Now let's move from the resistance line as you can see the first resistance is $ 22,652, if you can break it the next resistance will be $ 22,713 and $ 22,777.
Looking at the CHOP indicator, we can see that in the 15-minute interval almost all energy has been used and the MACD indicator confirms the local downward trend.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 22,573, if the support breaks down, the next support is $ 22,552, $ 22,528 and $ 22,495.
Now let's move from the resistance line as you can see the first resistance is $ 22,652, if you can break it the next resistance will be $ 22,713 and $ 22,777.
Looking at the CHOP indicator, we can see that in the 15-minute interval almost all energy has been used and the MACD indicator confirms the local downward trend.