BTC 1H Interval Short-Term

Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price remains above the local upward trend line.

When we spread the trend based fib extension grid, we can determine the support zone from $35,321 to $34,925, and then we have support at $34,264.

Looking the other way, we have a visible zone from $35,785 to $36,003, and then we have a second zone from $36,233 to $36,562.

Please look at the RSI indicator, which is moving in the upper part of the range, which may bring a price decline, while the STOCH indicator indicates that there is still some room for the price to recover.