Daily review of BTC interval 1D

I invite you to the BTC review, on a one day interval. As we can see, the price has moved above the downtrend line.

We continue to see that BTC struggled to break through the $18,372 level where it ran out of energy last time, however, it has now managed to break out of that level and the price is heading towards the resistance at $19,199, which is located at the so-called golden Fib point. The next resistance is around $20,194 and then $21,499.

This is what the current movement may look like before further growth.

Now it is necessary to check to what level the price can drop if the level of $18372 does not hold the price. And here it is worth marking the support zone from $ 17,222 to $ 16,796.

The CHOP index indicates that the energy is depleted in the four-hour interval, while the RSI index has crossed the upper range, which may also indicate a small rebound.