Hello everyone, let’s take a look at the BTC to USDT chart over the 1 day timeframe. As you can see, the price has dropped below the local uptrend.

Let’s start with the designation of the support line and as you can see the first support in the near future is $ 36,219, if the support breaks down, the next one is $ 32,927.

Now let’s move from the resistance line as you can see the first resistance is $ 39,305, if you can break it the next resistance will be $ 40 ,951 and $ 42,392.

Looking at the CHOP indicator , we can see that we have a lot of energy in the 1-day interval, while on the MACD indykator the blue line is approaching the intersection of the red line from the top, this will confirm the continuation of the downward trend.