Hello everyone, let’s take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price moves in the uptrend channel .

Let’s start with the designation of the support line and as you can see the first support in the near future is $ 37,778, if the support breaks down, the next ones are $ 37,152 and $ 36,283.

Now let’s move from the resistance line as you can see the first resistance is $ 38,393, if you can break it the next resistance will be $ 38,716 and $ 39,863 plus $ 40 ,349.

Looking at the CHOP indicator , we can see that in the 4-hour interval most of the energy has been used, while the MACD indicator shows a temporary downtrend as the blue line crossed the red from above and is still below it.