Daily review of BTC interval 1H

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Hello everyone, let's look at the BTC to USDT chart on a 1-hour time frame. As you can see, the price is moving below the local downtrend line.

Let's start with the support line and as you can see the first support in the near future is $22827, if the support is broken then the next support is $22626, $22430 and $22158.

Now let's move on to the resistance line, as you can see the first resistance is $23044, if you manage to break it, the next resistance will be $23300, $23511 and $23718.

Looking at the CHOP indicator, we see that the energy has been used, the MACD indicates a downtrend, while the RSI indicates a strong reaction, which creates room for increases.

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