I invite you to a quick review of BTC to USDT. As you can see, the price is starting to break out of the local upward trend line.
After using the Fib Retracement grid, you can see how the resistance zone from $52,353 to $52,821 rejected the price increases.
Looking the other way, you can see support at $51,780, next at $51,331, and then strong support around $50,621.
Downward trend lines can be identified on the RSI, while on the STOCH indicator, on the four-hour interval, there is a lot of room for recovery.
After using the Fib Retracement grid, you can see how the resistance zone from $52,353 to $52,821 rejected the price increases.
Looking the other way, you can see support at $51,780, next at $51,331, and then strong support around $50,621.
Downward trend lines can be identified on the RSI, while on the STOCH indicator, on the four-hour interval, there is a lot of room for recovery.