Hello everyone, let’s take a look at the BTC to USDT chart over the 1 hour timeframe. As you can see, the price moves sideways in the triangle delineated by the 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 $ 29,081, if the support breaks down, the next one is $ 28,523 and $ 27,723.

Now let’s move from the resistance line as you can see the first resistance is $ 29,538, if you can break it the next resistance will be $ 29,779 and $ 30,020 and $ 30,363.

Looking at the CHOP indicator , we can see that we have a lot of energy in the 1 hour interval, and the MACD indicator shows that the blue line is moving above the red line, which indicates a temporary upward trend.