Hello everyone,
The price is constantly moving under the downward trend line .

Please note that the price is currently close to the support at $ 37,955, if the support is broken, the next we have at $ 35,789 and $ 33031, then we already have a support zone from $ 31,272 to $ 28,798.

Now let’s move on to the determination of the resistance line and as you can see the first resistance is at $ 40 ,418, the next one at $ 42,584 and $ 44,948 at the so-called FIB gold point of 0.618.

Looking at the CHOP indicator , we can see that in the 4-hour interval we have a lot of energy for the next move and on the MACD indicator we can see that the blue line is close to the red line crossing from below, which may result in an uptrend.