Hello everyone, let's take a look at the battle chart against the dollar, over a four hour time frame. As you can see, the price is moving in the sideways trend channel, marked with white lines.
Let's start with the designation of the support line and as you can see the first support is nineteen thousand one hundred and three dollars, if the support is broken, the next support is eighteen thousand nine hundred twenty nine dollars and eighteen thousand seven hundred and fifteen dollars.
Now let's move from the line of resistance, as you can see, the first resistance is nineteen thousand three hundred and ninety-four dollars, if you can break it, the next resistance will be nineteen thousand six hundred and sixty-six dollars and nineteen thousand eight hundred and ninety dollars.
Looking at the CHOP index, we can see that in the four-hour interval we have a lot of energy, while the makdi indicator shows a local downward trend.
Let's start with the designation of the support line and as you can see the first support is nineteen thousand one hundred and three dollars, if the support is broken, the next support is eighteen thousand nine hundred twenty nine dollars and eighteen thousand seven hundred and fifteen dollars.
Now let's move from the line of resistance, as you can see, the first resistance is nineteen thousand three hundred and ninety-four dollars, if you can break it, the next resistance will be nineteen thousand six hundred and sixty-six dollars and nineteen thousand eight hundred and ninety dollars.
Looking at the CHOP index, we can see that in the four-hour interval we have a lot of energy, while the makdi indicator shows a local downward trend.