BTC fights resistance at $ 46,713
Bitcoin / TetherUS BINANCE:BTCUSDT
Hello everyone, let’s take a look at the BTC to USDT chart over the 1 day timeframe. As you can see, price is moving above the local uptrend line.
Let’s start with the designation of the support line and as you can see the first support in the near future is $ 44,617, if the support breaks down, the next one is $ 42,360 and $ 40 ,570.
Now let’s move on from the resistance line as you can see the first resistance is $ 46713, if you can break it the next resistance will be $ 50904 and $ 55176.
Looking at the CHOP indicator , we can see that in the 1D interval, the energy begins to gain strength.
