Btc1hour
BTC 1H: After a descent, I start to go up.📊 The chart has formed a bearish trend and reached a relatively strong support of $21,400
📉 According to the signs of the matrix series indicator, we will have a small decline to around 21000
📈 But in general, the declines will be limited because we have reached the oversold area and the chart is doomed to grow, and we are also below the moving average, which are signs of the growth of the chart.
BTC 1HChart - ShortTermHello everyone, let's look at the BTC to USDT chart on a 1-hour timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with determining the support line to which we will use the trend based fib extension tool and as you can see, the first support in the near future is $22016, if the support is broken then the next support is $21712 and $21474.
Now let's move on to the resistance line, as you can see the first resistance is $22452, if you manage to break it, the next resistance will be $22601, $22751 and $22954.
Looking at the CHOP indicator, we see that the energy has rebuilt in the 1-hour interval, the MACD indicates a local uptrend, while the RSI is moving at the lower end of the range and has a lot of room for growth.
Daily review of BTC interval 1HHello everyone, let's take a look at the BTC to USDT chart in one hour timeframe.
As you can see, the price has left the downtrend line and is currently moving above the blue 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 $ 19,088, if the support breaks down, the next support is $ 18,983, $ 18,901 and $ 18,818.
Now let's move on to the resistance line, as you can see, the first resistance is 19214, if you can break it, the next resistance will be $ 19,300, $ 19,372 and $ 19,445.
Looking at the CHOP indicator, we can see that in the one hour interval, energy begins to accumulate and the MACD indicator shows that the blue line has crossed the red one from below, which indicates a local uptrend.
Daily review of BTC interval 1HHello everyone, let's take a look at the BTC to USDT chart over the 1 hour timeframe. As you can see, the 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 $ 24,302, if the support breaks down, the next support is $ 24,101, $ 23,902 and $ 23,610.
Now let's move from the resistance line as you can see the first resistance is $ 24828, if you can break it the next resistance will be $ 25,171, $ 25,468 and $ 25,753.
Looking at the CHOP indicator, we can see that in the 1-hour interval we have a lot of energy, and the MACD indicator shows a local downward trend.
BTC recovers energy after yesterday's correction.Hello everyone, let's take a look at the BTC to USDT chart on a 1 hour timeframe. As you can see, the price is moving in the uptrend channel marked 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 $ 39,334, if the support breaks down, the next one is $ 38,174 and another one at $ 36,982.
Now let's move from the resistance line, as you can see, the first resistance is $ 40,785, if you can break it, the next resistance will be $ 41,429, another resistance at $ 41,945, the next resistance is $ 42,493 and $ 43,202.
Looking at the CHOP indicator, we can see that in the 1-hour interval the energy was used for a local correction and now we collect the energy anew.
BTC 1 Hour Time frame, #BTC Update#BTC update
As I mentioned yesterday that BTC needs to cross 42200 and hold it otherwise it can re-test at 40600 so it re-tested at 40800 by yesterday.
Today on 21.04.2022, BTC is holding support of 41200 and 40800, and currently, it is ragging a kind of vertical wedge. Again I will say that #BTC needs to cross 42200 and need to hold it otherwise it can go below up to 39k Zone this time due to the coming weekend maybe.
Please share your opinion for cross discussion !!!
Bitcoin 1h Chart Bullish movement expected:
Momentum changed
Also, RSI confirms the bullish movement
Range box bottom ($44000 to $44300) is very strong support and touched early
I could ignore the last day's pump and dump
Strong candles not expected
If the price breakdown the $44k support with a confirmation candle, the next stop will be near $41k.
Trend Key Points Indicator have been used to draw important key levels and key points.