BTC ranges from $ 38-40 thousand

Hello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price moves in the uptrend channel.

Let's start with the designation of the support line and as you can see the first support in the near future is $ 37,778, if the support breaks down, the next ones are $ 37,152 and $ 36,283.

Now let's move from the resistance line as you can see the first resistance is $ 38,393, if you can break it the next resistance will be $ 38,716 and $ 39,863 plus $ 40,349.

Looking at the CHOP indicator, we can see that in the 4-hour interval most of the energy has been used, while the MACD indicator shows a temporary downtrend as the blue line crossed the red from above and is still below it.