BTC SHORT 15m

Hello everyone, let's take a look at the BTC to USDT chart on a 15 minute time frame. As you can see, the price is moving below the local downtrend line.

Let's start with the designation of the support line and as you can see the first support in the near future is $ 20,510, if the support breaks down, the next ones are $ 20073, $ 19,365 and $ 18,657.

Now let's move from the resistance line as you can see the first resistance is $ 20,702, if you can break it the next resistance will be $ 20,801, $ 20,882, $ 20,956 and $ 21070.

Looking at the CHOP indicator, we can see that we have a lot of energy in the 15-minute interval and the MACD indicator shows that the local trend is changing into an upward trend.
15min15minchartsBTCbtcshortBTCUSDTfibonaccianalysisFibonacci RetracementFundamental AnalysisTechnical IndicatorsshortsupportTrend Analysis

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