Bitcoin (BTC) to USDT chart over the 4 hour timeframe…

Hello everyone, let’s take a look at the Bitcoin (BTC) to USDT chart over the 4 hour timeframe on 11.09.2022. As you can see, price is moving above the local uptrend line.

https://www.youtube.com/watch?v=MEEJ-9ixf6w

Let’s start with the designation of the support line and as you can see the first support in the near future is $ 21,269, if the support breaks down, the next support is $ 21,027, $ 20,825 and $ 20,606.

Now let’s move from the resistance line as you can see the first resistance is $ 21,618, if you can break it the next resistance will be $ 22,621 and $ 23,247.Looking at the CHOP indicator, we can see that we have very little energy in the 4-hour interval, and the MACD indicator shows that we can enter a local downward trend.

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