Hello everyone, let’s take a look at the BTC to USDT chart over time 1 week. As you can see the price is approaching the triangle marked with blue lines.

Let’s start with the designation of the support line and as you can see the first support in the near future is $ 36,244, if the support breaks, the next is $ 32,848 then we have a fundamental support zone from $ 31,251 to $ 28,798

Now let’s move from the resistance line, as you can see, the first resistance is $ 41,339, if you manage to break it, the next resistance will be $ 46,612 and $ 50,813.

Looking at the CHOP indicator , we can see that we have a lot of energy in the 1 week interval, while the MACD indicator shows that we are in an uptrend, although the blue line is approaching the red line only when the red line crosses the blue line confirms the downward trend.