Daily BTC 1DChart - resistance and supportHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the one-day interval. First of all, we will use the yellow line to mark the downtrend line, which the price has overcome upwards.
Now we can move on to marking the places of support in the event of a correction. And here it is worth first to mark the first support at $25965, then we have the second support at $23905, the third support at $22459, and then the fourth support at $20768.
Looking the other way, in a similar way using the Fib Retracement tool, we can determine the places of resistance. First, we will mark a very strong resistance at $28,794, from which the price bounced several times, but when it comes out higher, we have another very strong resistance at $32,422.
As we can see the EMA Cross 10 and 30 indicate an ongoing uptrend.
Please pay attention to the CHOP index which indicates that we have a lot of energy for the upcoming move, the MACD indicator indicates entering a local downtrend, while the RSI is in the process of a slight rebound, but there is still room for a deeper correction.
1daychart
DOT/USDT 4HInterval Resistance and SupportHello everyone, welcome to the DOT chart on today's chart of USDT pair, on a one-day time frame. First, we will use the yellow line to mark the downtrend line from which the price has increased.
Moving forward, we can move on to marking support areas as we begin a major correction. And here we see the price is just below the first support, then we have the $6.11 to $5.93 support zone ahead of the price, the third support at $5.74 and then the fourth support at $5.49.
Looking the other way, we see first resistance at $6.53, then second resistance at $6.86, then third resistance at $7.32
Please look at the CHOP index which indicates we have a lot of energy for the move ahead, the MACD indicates we have entered a downtrend while the RSI is in recovery.
DOT/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the DOT chart in pair to USDT, on a one-day interval. First, we will use the yellow line to mark the downtrend line from which the price went up.
Moving on, we can move on to marking support areas when we start a larger correction. And here we see that the price is just below the first support, then we have a support zone from $6.11 to $5.93 in front of the price, third support at $5.74, and then fourth support at $5.49.
Looking the other way, we see first resistance at $6.53, then second resistance at $6.86, then third resistance at $7.32
It is worth paying attention to the EMA Cross 10 and 30, we can see that the red line of the EMA Cros 10 is moving just below the EMA Cross 30, the crossing of the green line by the red line can confirm the change of the trend to an uptrend.
Please look at the CHOP index, which indicates that we have a lot of energy for the upcoming move, the MACD indicates that we have entered an uptrend, while the RSI has left the downtrend.
Harmonics indicator, The higher we go the harder we fall? Looks like we are currently trying to break through and declining our cypher harmonic (white) which also happened to land very close to the 236 weekly fib I have drawn from ATH to lowest lows (red horizontal line)
The shark harmonic (blue) hitting the 1.618 (orange horizontal line) is looking like to be my next target (30700) thats if we do break through resistance. The shark would also have a lower buy price (D) of around 18000 which iv had confluence with for a few months (blue dashed horizontal line)
I'd love to see it play out 🔥
Daily ETH 1DChart - resistance and supportHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a one-day interval. First, we will use the yellow line to mark the uptrend line that the price has left sideways, while currently we can see that we are moving in the downtrend triangle marked with blue lines.
Now let's move on to marking the places of support. We will use the Trend Based Fib Extension tool to mark the supports, and as you can see, we have the first support zone from $ 1673 to $ 1629, the second support at the price of $ 1567, and the third significant support at the level of $ 1486.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we will also mark as the first resistance zone from $1803 to $1873, when we manage to break out of it up, the next resistance is at $1931, and then the third resistance at $1992.
The CHOP index indicates that we have a lot of energy for the upcoming moves. The MACD indicator indicates a return to the downtrend. On the other hand, we see a rebound on the RSI, and we are staying below the downtrend line, which may indicate a deepening of the correction.
Daily BTC 1DChart - resistance and supportHello everyone, I invite you to every Monday's cryptocurrency review. Let's start by checking the current situation on the BTC pair to USDT, taking into account the one-day interval. First, we will use the yellow line to mark the uptrend line, from which the price went down. However, locally, we can mark the triangle in which we are currently with the help of blue lines, and here we can see that we are on the border of the bottom exit.
Now we can move on to marking the places of support in the event of a correction. And here we have the first support at the triangle exit at $26,592, then it is worth marking the support zone from $25,272 to $24,216, however, when we fall below this zone, we can see a drop to around $23,072.
Looking the other way, this time using the trend based fib extension tool, we can determine the places of resistance. And here we see that the first resistance is at $28,880, the second resistance is at $30,253, and the third resistance is at $31,362.
It is worth paying attention to the volume, which, despite the co-erect, we see that it is much smaller in recent days.
Please pay attention to the CHOP index, which indicates that we have a lot of collected energy, the MACD indicator is on the verge of returning to a downward trend, while the RSI shows a rebound, but there is room for a deeper correction, so be careful.
SOL/USDT 1DInterval Resistance and SupportHello everyone, I invite you to the chart of SOL in pair to USDT, nm on a one-day time frame. First, we will use the blue lines to mark the downtrend channel where the price is moving at the upper border.
Moving on, we can move on to marking support areas when we start a larger correction. And here, in the first place, we have a support zone from $ 22.54 to $ 19.88 in which the price is currently located, then we have support at the price of $ 17.68, and then at the price of $ 15.14.
Looking the other way, we see that the price has rebounded from the important resistance zone from $ 23.44 to $ 27.05, which so far has no strength to break. However, if we manage to break out of this zone above, we have another resistance at the price of $ 32.24.
As we can see, EMA Cross 10 and 30 indicate the beginning of an uptrend, but be careful if it will not be a false break.
Please look at the CHOP index, which indicates that we have the energy for the upcoming move, the MACD indicates that we are in an uptrend, while the RSI is moving around the middle of the range, which gives room for increases after a small correction.
Daily ETH 1DChart - resistance and supportHello everyone, I invite you to review the chart of ETH in pair to USDT, on a one-day timeframe. We will start by marking with the yellow lines the uptrend channel in which the price is currently moving, at its upper border..
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and as you can see, we have the first support at $1662, the second support at $1547, the third support at $11456, and then we have support at $1365.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we have the first very strong resistance at the price of $ 1827, from which the price is currently rebounding, but when we manage to overcome it and positively test it, we can see an attack on the resistance at the price of $ 2029.
At this point, it is worth looking at the EMA Cross 50 and 200, which indicate that after a very long downtrend, it turned into an uptrend. The CHOP index indicates that the energy has been used. The MACD indicator indicates an uptrend. On the other hand, the RSI is moving around the upper limit. There is some room for growth, but it is worth bearing in mind the upcoming price recovery.
BTC/USDT 1DChart - Fundamental analysisNow let's move on to checking the current situation on the BTC to USDT pair, taking into account the longer perspective on the one-day timeframe. First, we will use the blue lines to mark the sideways trend channel from which the price has gone up. It is also worth marking with a yellow line the downtrend line that has been overcome.
Now we can move on to marking the places of support in the event of a correction. And here we see that the first support is at $25745, below we have a return to the channel where it is worth marking the support zone from $23718 to $22191, however, when we fall below this zone, we can see a drop to around $20601.
Looking the other way, in a similar way using the Fib Retracement tool, we can determine the places of resistance. And here we immediately see that the price is against a very important resistance at 0.786 Fib at $28832, while the next equally strong resistance is at $32474.
At this point, it is worth looking at the EMA Cross 10 and 20, which nicely indicated the place of return to the uptrend, and what's more, when we turn on the EMA Cross 50 and 200, we see that they also indicate a return to the uptrend after a prolonged downtrend.
Please pay attention to the CHOP index which indicates that the energy has been exhausted which can give a local sideways trend, the MACD indicator indicates an uptrend, while the RSI is at the upper limit of the range, the price may go higher but it is worth keeping in mind the upcoming rebound as after each increase.
BTC Dominance !Hello everyone, I invite you to review the situation of BTC dominance in relation to the entire market. And here we can mark with the blue lines the sideways trend channel in which we are approaching the upper limit.
At this point, it is worth looking at the CHOP index, which indicates that the energy has been used. However, when we look at the RSI indicator, we can see that we have strongly exceeded the upper limits of the range. Looking at these two values, we can expect a rebound and capital transfer to other altcoins.
Now we can move on to marking the places of support in the event of a correction. And here in the first place we have support at 45.5%, then support is at 44.3%, 43.2% and then 42%.
Looking the other way, we will also denote the resistance for BTC dominance and here we see that significant resistance is at 48.4% at the upper border of the channel, however when we go higher we can see a rapid increase to around 54.4%.
Daily ETH 1DChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on a single day time frame. As you can see, the price is moving above the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $1755, if the support is broken then we still have a support zone from $1699 to $1655, while further support is at $1609 and $1548.
Looking the other way, we see that the price has hit a very important resistance at $1821 at 1.618Fib, when it breaks it and positively tests it will move towards the $2100 resistance.
Looking at the CHOP indicator, we see that the energy has been used, the MACD indicates a local uptrend, while the RSI is approaching the upper limit, which may give the price a rebound.
XRP/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the chart of XRP in pair to USDT, on a one-day timeframe. First, we will use the yellow line to mark the downtrend line that the price is trying to overcome.
Moving on, we can move on to marking support areas when we start a larger correction. And here, in the first place, we can mark the support zone from $ 0.37 to $ 0.35, when the zone does not hold the price, we have the next support at the level of $ 0.33 and further at the price of $ 0.30.
Looking the other way, we see a strong resistance zone from $0.40 to $0.43, but before that we need to break the downtrend lines. The next resistance is at $0.46, followed by resistance at $0.50.
Please look at the CHOP index, which indicates that we have a lot of energy for the upcoming move, the MACD is on the verge of entering an uptrend, while the RSI is moving in the lower part of the range, which gives room for increases.
BNB/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the BNB chart on a one-day interval. At the beginning, it is worth marking with blue lines the sideways trend channel in which the price is fighting to go up, while locally we can see that the downtrend channel has been defeated, despite the numerous fears that have appeared in recent days near the Binance exchange and its BNB coin.
Let's start by marking the support spots for the price and we see that we first have support at $310, but if the price goes lower, we have another support at $293, then at $279, and another support at $266, at 0.618 FIB.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price is currently testing resistance at $331, equal to 0.618 Fib. We continue to have strong resistance at $360, once the price breaks it, it will move towards resistance at $399.
When we look at the volume, we can see a definite predominance of green candles.
The CHOP index indicates that the energy has been used up, the MACD indicates that the uptrend is maintained, while the RSI has approached the upper limit of the range, which, combined with the exhausted energy on the CHOP, may give the price a rebound.
bitcoin again bullish bitcoin again bullish ,,
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Daily ETH 1DChart - resistance and supportHello everyone, I invite you to view the chart of ETH in pair to USDT, also on a one-day interval. First of all, using the yellow line, we can mark the downtrend line that the price has overcome upwards. At this point, it is also worth looking at the EMA Cross 10 and 30, which at this point indicate a return to an uptrend, but be careful if it turns out to be a false breakout.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and as you can see, we have the first support at $ 1623 which the price is currently approaching, the second support at $ 1576, the third at $ 1526 and then the fourth support at $ 1457.
Looking the other way, we can also determine resistances for the price, but here you can see that the price must break the strong resistance zone from $ 1664 to $ 1743, only when the price breaks out of this zone and then tests it positively, we will be able to observe further increases.
As we can see, the first day showed a nice increase, which indicates a growing sales volume.
The CHOP index indicates that the energy has been used. The MACD indicator indicates a return to an uptrend. On the other hand, the RSI shows a rebound after the last increase, which may give a positive breath for further increases.
SOL/USDT 1DInterval Resistance and SupportHello everyone, let's look at the SOL to USDT chart on a single day time frame. As you can see, the price has left the upper downtrend channel.
Let's start with the support line and as you can see the first support in the near future is $20.71, if the support is broken then the next support is $19.82, $19.08 and $18.37.
Now let's go to the resistance line, as you can see the first resistance is $21.61, if you manage to break it, the next resistance will be $22.87 and $24.72.
Looking at the CHOP indicator, we see that the energy is slowly rising, the MACD indicates the entry into an uptrend, while the RSI shows that there is room for continued growth.
DOT/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the DOT chart in pair to USDT, on a one-day timeframe. First, we will use the blue lines to mark the downtrend channel from which the price has gone up.
Moving on, we can move on to marking support areas when we start a larger correction. And here, the first support is at $5.47, the second support is at $5.07, the third support is at $4.74, and the fourth support is at $4.41.
Looking the other way, we see that the price is fighting the resistance at $6.16, which so far has no strength to break. However, if it manages to break out above, the second resistance is at $6.40, the third at $6.75 and the fourth at $7.18.
Please look at the CHOP index, which indicates that we are gaining more and more energy, the MACD indicates that we are close to entering an uptrend, while the RSI also shows a rebound and a lot of room for continuation of the move.
BNB/USDT 1DInterval Resistance and SupportAs the second chart in the review, we looked at BNB against USDT, as well as on a single-day timeframe. First, using the yellow line marked with the local straight line of the downtrend from which the price comes up, and then with the help of the blue line marked with the straight line of the downtrend at which the price returns.
Now let's move on to the designations of support places. And as you can see, we have the first support at $303, the second support at $296, the third support at $290, and the next support at $284.
Looking the other way, we can also determine the places where the price should be on the upward path. And here we have the first very strong resistance at the price of $310, which the price concerns, however, quickly returned, the next resistance is at the price of $322, and then the third resistance at the price of $338.
As you can see the CHOP index actually, that the energy quickly gathers strength. MACD indicator indicating entering an uptrend. While on the RSI, a visible strong increase may cause a temporary stagnation or correction.
Daily BTC 1DChart - resistance and supportHello everyone, I invite you to every Monday's cryptocurrency review. Let's start by checking the current situation on the BTC pair to USDT, taking into account the one-day interval. The last few days have been troublesome for many investors and a lot of fears have popped up around the cryptocurrency market, which significantly lowered the valuation of Bitcoin. However, one day was enough to rebuild the losses and here, first, we will use blue lines to mark the local downtrend channel, from which, as you can see, the price has definitely moved upwards.
Now we can move on to marking the places of support in the event of a correction. And here, in the first place, it is worth marking the support at the price of $ 23178, the second support at the price of $ 22353, the third at the price of $ 21650, then we have a strong support zone from $ 20993 to $ 20045.
Looking the other way, also using the Fib Retracement tool. First, we will mark a strong resistance zone from $24034 to $25226, only when the price breaks out of this zone and positively tests it will open the way towards the resistance at $28802.
As we can see after turning on the Cross 10 and 30 EMAs, we can see that they are still in a downtrend, but there is a definite change in direction.
Please pay attention to the CHOP index, where we can see that the energy is gathering strength very slowly, the MACD indicator is on the verge of entering an uptrend, while the RSI has a definite increase, we see that we are approaching the upper limit, which may slow down the current growth or give local correction.
Daily ETH 1DChart - resistance and supportHello everyone, I invite you to review the chart of ETH in pair to USDT, on a one-day timeframe. First of all, with the help of blue and yellow, we can mark the main uptrend line from which the price rebounded. Locally, we will mark the local downtrend line with the blue line.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the support, and as you can see, we have the first very strong support at the price of $ 1331, while when this level does not hold the price, we can see a drop to around $ 1218.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we have the first resistance at $1459, the next resistance at $1513, the third resistance at $1556, and then we have a strong resistance zone from $1601 to $1664.
Please look at the CHOP index indicates that the energy has been used. The MACD indicator is in a downtrend. On the other hand, we see a strong rebound on the RSI, we are currently touching the lower limit, which, similarly to BTC, may indicate the end of the correction.
Daily BTC 1DChart - resistance and supportHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the one-day interval. First, we will use the blue lines to mark the local uptrend channel that the price has left the bottom. However, after marking the uptrend line, we see that the price has rebounded from it in the current correction.
Now we can move on to marking the places of support in the event of a correction. And here we have the first very strong support at the so-called Fib golden point at $19,221, however, when we fall below this support, we can see a drop to around $17,577.
Looking the other way, in a similar way using the Fib Retracement tool, we can determine the places of resistance. First resistance at $20895, second resistance at $21747, third resistance at $22401, then a very strong resistance zone from $23086 to $24029.
When we turn on the EMA Cross 10 and 30, we see where the moving averages intersect and the downtrend begins.
Please pay attention to the CHOP index which indicates that the energy has been used, the MACD indicator confirms the ongoing uptrend, while the RSI shows that the indicator has fallen below the lower limit, which may potentially be the end of the correction.
SOL/USDT 1DInterval Resistance and SupportHello everyone, let's look at the SOL to USDT chart on a single day timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with setting the support line and as you can see the first support at which the price is currently located is $17.57, if the support is broken then the next very strong support is $15.26 and then $12.05.
Now let's move to the resistance line, as you can see the first resistance is $18.57, if it breaks down, the next resistance will be $20.21, the third resistance will be $21.51, then we have a strong resistance zone from $22.85 to $24.68.
Looking at the CHOP indicator, we can see that the energy has been used for the current correction, the MACD confirms the downtrend, while the RSI has touched the bottom, which may indicate a change in the trend.