BTC/USDT Revive 1D IntervalHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the one-day interval. As we can see, the price has broken the downtrend lines and has gone up.
Let's start by identifying where we should see price support, and here we see that the first support is at $21,991, the second support is at $20,750, the third support is at $19,739, and the fourth support is at $18,728. below we have a strong support zone from $17,313 to $15,494.
Looking the other way, we can immediately see that the price is struggling to maintain a very strong resistance at $23147 equal to 0.786 FIB, the next resistance is at $25226, only when the price breaks out and tests it positively will it be able to go towards $30000.
Please look at the CHOP index, which indicates that on a one-day interval we are gathering more and more energy for a new move, MACD after recent increases begins to indicate entering a downward trend, while the RSI also shows a downward trend and recovery.
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XRP/USDT - XRP is testing an abandoned formationHello everyone, I invite you to take a look at the XRP/USDT chart on the one-day time frame. As we can see, we are just below the downtrend line that XRP is clearly trying to break.
Moreover, we see a rounded bottom pattern which after a positive resistance test is characterized by an upward breakout, in this situation we need to positively test the $0.40 resistance which is now price support, then we can see the $0.43 resistance, then a strong resistance zone from $0.46 to $0.50.
However, if it happens that the price does not keep up with the pattern and our expectations, we can see a correction in this situation, we have the first support at $0.40, the second support at $0.38, the third at $0.37, then the support zone from $0.35 to $0.34.
The CHOP index indicates that we have a lot of energy, the MACD indicates the entry into a downward trend, while the RSI shows a rebound and a visible downward trend.
FTM / USDT 1D Interval - Support and ResistanceHello everyone, I invite you to review the FTM chart in pair to USDT, on a one-day interval. We will start by marking the downtrend line that the price has broken up. Next, we can define the lines of the current uptrend.
Now let's move on to marking the support that we should take into account after such dynamic increases. And here we have the first support at the price of $0.42, the second support at the price of $0.37, then we can mark a strong support zone to which the price may move back from $0.33 to $0.29, and then support at the price of $0.24.
Looking the other way, we can see that we are currently facing a very strong resistance at $0.52, but when we manage to overcome it and positively test it, we can see an increase to around $0.74.
It is worth paying attention to the EMA Cross 50 and 200, because we see that the 50 marked on the chart with the yellow line dynamically turns upwards and when it crosses the 200 marked with the blue line, we can see a bullish uptrend.
The Chop Index indicates that we are slowly regaining energy, the MACD indicates an ongoing uptrend, while the RSI has a slight rebound, but is still moving above the upper range, which may lead to a price correction.
Daily review of ETH interval 1DHello, I invite you to review ETH to USDT, on a one-day interval. let's start by drawing a downtrend line, which as you can see, the price has broken, then we will mark the local uptrend line, above which the price is currently moving.
Now as we can see, the price rebounded from the resistance at $1683, only when the price breaks it will move towards the resistance at $1795 and then to the resistance at $2032.
Looking the other way, it is worth determining the levels of support for ETH in the event of a correction. And as you can see, we have the first support at $1539, if the price goes lower we have another support at $1451, $1378, and then we have a strong support zone from $1307 to $1203.
Further, we can see that the CHOP indicator indicates that the energy is starting to rebound, the MACD, despite the correction, indicates an uptrend, while the RSI, despite the rebound, indicates that we are above the upper range, which may cause the price to correct.
Daily review of BTC interval 1DHello everyone, I invite you to update the BTC chart in pair to USDT, on a one-day interval. As we can see, the price has broken the downtrend line, and now we can use the yellow line to mark the local uptrend line.
As we can see, the price has overcome a strong resistance at $ 21,500, while currently BTC is fighting to maintain the level of $ 22,817. Only when it manages to hold, we will see a try of an attack on the resistance at the price of $25,206.
Now let's move on to marking support for the price. And as you can see, the previously overcome resistance at $21,500 is now a strong support for the price. If the support is broken, the next resistance is at $20,367 and $19,417. Looking further, we can mark a strong support zone from $18,498 to $17,150, to which the price may fall in the event of a correction.
Please pay attention to the EMA Cross 10 and 30, which all the time indicate an ongoing uptrend.
The CHOP index indicates that the energy is exhausted and is slowly starting to rise, the MACD confirms the ongoing uptrend, while the RSI is moving above the upper range, which may indicate an upcoming correction.
Daily review of BTC interval 1DHello everyone, let's look at the BTC to USDT chart on a single day timeframe. As you can see, the price has broken the downtrend line.
Let's start by marking the resistance at $23,146 which as you can see, the price has broken and is now struggling to get it, the next very strong resistance is at $25,177.
Now let's move on to the support line and as you can see the first support in the near future is $21533, if the support is broken then the next support is $20373, $19438 and $18503.
Looking at the CHOP indicator, we can see that the energy has been used for recent increases, the MACD confirms the uptrend, while the RSI is moving above the upper range, so watch out for a correction.
Bitcoin heading for the inverse h&s breakout target @ $23174The downward slanted inverse head and shoulder pattern bitcoin broke above back in late November appears to finally be reaching it’s long awaited breakout target. We can see the neckline of the inv head &s pattern indicated here on the 1 day chart with the white descending neckline and the dotted measured move line positioned right where the breakout happened. Been watching this one for multiple months now…even when it did its fakeout breakout back around October. Had to readjust the measured move for the official breakout point slightly lower but it would be amazing if price action reaches the target on the very day the measured move line ends in the price label. Anyone who has followed my charts closely would know that this wouldn’t be the first time price has reached the price target with that kind of exact precision…so it would be awesome if we see it yet again. *not financial advice*
ATOMUSDT 1D Interval ReviewAs the last in today's review, we will check the ATOM chart, just like its predecessors, on a one-day interval. Let's start by marking the downtrend line that the price has to face, and then it is worth marking the local uptrend line that the price is currently moving above.
As for support, we see that we have the first support at $11.37, where the price has now completed a correction, the second support is at $9.99, and the third support is at $8.04.
Now, similarly, it is worth checking the resistances that the ATOM price has to face in the coming time. And here we see that the first resistance is at $12.82, the second resistance at $13.86, the third at $15.31 and the fourth very strong resistance at $17.19.
Next, it is worth paying attention to the EMA Cross 10 and 30, which, despite the correction, still show an upward trend.
On the CHOP index, we can see rising energy, MACD is on the verge of entering a downtrend, while on the rsi we have a nice rebound and a small increase, here it is worth noting that we are moving at the upper limit of the range in which you can often encounter a price correction.
Daily review of ETH interval 1DThe second in today's review will be the ETH to USDT chart on a one-day timeframe. As you can see, the price has broken the downtrend line and now we can mark the local uptrend line with the blue line.
Let's start with setting the support line and as you can see the first support is at $1483, the second at $1405, the third at $1342, and then we can mark the support zone from $1278 to $1189.
Now let's move on to the resistance line, as you can see the first resistance is $1551 which the price is currently fighting to hold, then we have resistance at $1664, third resistance at $1827 and fourth very strong resistance at $2032.
Looking at the CHOP indicator, we can see that after the recent increases, the energy is slowly gathering strength for a new move, the MACD indicates an ongoing uptrend, and the RSI could see a rebound, but we are still above the upper range, which may indicate a sideways move with small corrections.
LTCUSDT 1D Interval - Resistance and SupportHello everyone, I invite you to review the chart of LTC in pair USDT, taking into account the one-day interval. As you can see, the price has been moving in the uptrend channel for a long time, but currently we can see that we are on the verge of exiting the downtrend channel.
In such a situation, it is worth marking the places of support for the price, and here we see that the first support has been broken, the second is at $80, the third is at $76, and the fourth is at $72.50.
Looking the other way, we see that the first resistance is again at $85, while once the price breaks it, the next significant resistance is at $100.
Please also look at the CHOP index, which indicates that the energy is slowly starting to grow, the MACD is close to indicating a downward trend, and the RSI has a rebound after almost a month's increase.
Daily review of BTC interval 1DHello everyone, I invite you to update the BTC chart, taking into account the one-day interval.
As we can see, the price has broken the downtrend lines, what's more, we can mark the Cap and Handle pattern here. As you can see, the formation begins with an increase and the formation of the first round, we have now returned to the level before the price fell and now we should watch whether the price will form a second but this time smaller round. the formation built in this way is characterized by the exit of the price upwards.
Let's move on to marking the support areas for the price in the event of a deepening correction. As we can see after stretching the Fib Retracement mesh, we have the first support at $20,197, the second at $19,281, the third at $18,588, and the fourth at $17,828.
Looking the other way, it is immediately clear that the price must first break through and then positively test the resistance zone from $20,935 to $21,471, only then will the way open towards the strong resistance at $25,182.
As we can see, the CHOP index indicates that the energy was used for an upward move and we are currently starting to recover it, the MACD confirms the ongoing uptrend, while the RSI shows a small rebound due to the current correction.
When we look at the EMA Cross 10 and 30, we can see that despite the correction, nothing has changed so far and they indicate an upward trend.
XRP - USDT on 1D interval Resistance and SupportAs the last one in today's chart, we have the XRP to USDT chart on a one-day time frame. As we can see, we are just below the downtrend line, which XRP is clearly trying to break.
What's more, we can see a rounding bottom formation formed, which after positive resistance testing is characterized by an upward exit, in this situation we need to positively test resistance at $0.39, then we can see resistance at $0.43, then a strong resistance zone from $0.46 up to $0.50.
However, if it happens that the price does not follow the formation and our expectations, we can observe a correction in this situation, we have the first support at $0.38, the second at $0.37, and then the support zone from 0.35 to $0.34.
On the volume, we can see a definite advantage on the buyers' side, which is positive news for us. The CHOP index indicates that the energy is starting to gather strength, the MACD confirms the uptrend, but the RSI is moving at the upper end of the range, which may indicate a moment of rebound before further growth.
BNB / USDT 1D INTERVAL, Support and ResistanceHello everyone, welcome to the chart review of BNB vs USDT on a single day timeframe, as we can see the price of BNB, which previously formed a rounding bottom pattern, in line with the pattern, came out above breaking the resistance level.
As we can see, the exit level of the rouding bottom in this situation is the first price resistance we are fighting, then we have the resistance at $309 and $331, which can be targeted in the event of a positive exit from the top of the pattern.
However, should the price rebound from the $290 level, we can mark several support areas, starting at the $275 level, then $265, $256 and the strong support zone from $247 to $238.
The CHOP index indicates depleted energy, the MACD confirms an uptrend, the RSI is moving at the upper end of the range, however when we look at the EMA Cross 10 and 30, we can see that the 10 has crossed the 30 from the bottom, which is confirmation of an uptrend.
Celo forming a beautiful inv h&s patternCurrently wicking below the neckline on the right shoulder…I’m not 100% confident it will trigger a breakout on the first candle of the right shoulder to reach the neckline, so I arbitrarily moved the measured move line a few daily candles forward to give it some time to fight the neckline resistance…whenever we see that it has clearly triggered the breakout above the neckline then I will readjust the dotted green measured move line accordingly to the point of the break out. For now it’s just been placed there arbitrarily. Will update when and if we have a valid breakout….there’s no guarantee we will even validated a breakout just yet. The way the market is going recently probability currently favors a breakout slightly, but my guess is it will take a few candles testing the neckline first as we can see that the current daily candle is wicking down exactly after testing the neckline. *not financial advice*
Ethereumm just hit the white descending channel target!Target Hit! You can see here the measured move (dotted white line) taken from the point of the breakout from the white descending channel. Been watching it since November, but it finally hit its target with exact precision! Hard to tell if it will cool off much now or continue to climb…the pink rising channel has a measured move slightly higher than this and it looks like it has broken up from the rising channel too which is never a good signal for bears if a bearish pattern breaks upward. *not financial advice*
BNB / USDT 1D INTERVAL, Support and ResistanceI invite you to update the BNB/USDT chart on a 1-day interval. As we can see, we are at the stage of testing the exit level from the rounding bottom pattern. It's worth watching what happens at the moment, because it could potentially be a good time to try to trade the position with a proper stop loss.
As we can see, the exit level of the rouding bottom in this situation is the first price resistance we are fighting, then we have the resistance at $309 and $331, which can be targeted in the event of a positive exit from the top of the pattern.
However, should the price rebound from the $290 level, we can mark several support areas, starting at the $275 level, then $265, $256 and the strong support zone from $247 to $238.
The CHOP index indicates depleted energy, the MACD confirms an uptrend, the RSI is moving at the upper end of the range, however when we look at the EMA Cross 10 and 30, we can see that the 10 has crossed the 30 from the bottom, which is confirmation of an uptrend.
Daily review of BTC interval 1DHello everyone, I invite you to check the current situation on BTC in pair to USD. First, we will mark the downtrend line, which, as you can see, the price has broken and gone up.
Further, we can see that a formation called the Rounding Bottom has formed, which most often causes the price to rise further. We will mark what the further movement of btc should look like so that the price can go further up, but when the price drops below the resistance level and then bounces back from it, it will be an impulse for declines.
Now we will use the fib retracemnet tool to check the places of support in a situation where the level cannot be maintained. Again, we can see a strong support zone from $16,912 to $16,516, but when the price breaks below this zone, we can see a drop to around $16,088, and then we have support at $15,439, where the last low is.
However, let's assume that the BTC price will follow the current formation and further increases will begin, in this situation we first need to break the resistance zone from $ 17,610 to $ 17,954, then the resistance at $ 18,390, then we will open the way towards the resistance on level of $19,699.
Please look at the volume, which indicates a definite predominance of buyers, but it should be noted that each day the volume weakens, which may indicate an upcoming rebound.
In addition, the CHOP index shows exhausted energy, the MACD confirms the ongoing uptrend, while the RSI indicator moves in the upper range, which, like the volume, may indicate a local sideways trend or a small rebound.
Daily review of ETH interval 4HHello everyone, welcome to the chart updates of ETH in pair to USDT. As we can see, we have formed a Rounding Bottom formation, the next move depends on maintaining the current level, however, this formation is characterized by the price going up.
As we can see the first resistance has been touched and the price is struggling to hold it, the next one is at $1327 and then at $1477.
Looking backwards, we have the first support at $1289, the second at $1248, the third at $1213 and the fourth at $1182.
On the CHOP index, taking into account the one-day interval, we see that the energy is exhausted, the MACD confirms the ongoing uptrend, and the RSI is in the upper range, which may bring a small rebound.
BNB / USDT 1DChart Review, Support and ResistanceHello, I invite you to review the BNB chart on a one-day timeframe. First, we will use the yellow line to mark the downtrend line that the price managed to break through the previously formed Bullish Pennant pattern.
We can also see that the EMA Cross 10 red line has crossed the green EMA Cross 30 line from below, which often confirms an uptrend. However, here EMA Cross 50 and 200 should be observed, because only when the yellow line crosses the blue line from below indicates the beginning of a bullish upward movement.
Now we can plot the support spots for the price and here we see that the first support is at $268.4, the second support is at $259.4, the third support is at $251.8 and the fourth support is at $244.
Looking the other way, we see that the price is currently fighting resistance at $ 280.3 and the so-called golden point of 0.618 Fib, but so far it has not been successfully tested and the price has returned below this level. Next we have resistance at $296.8, breaking it will open the way towards resistance at $317.7.
Please pay attention to the CHOP index, which indicates exhausted energy, the MACD indicator confirms the ongoing uptrend, while the RSI indicator is at the upper end of the range, which may indicate an imminent price rebound.
ETH - USDT, 1D Interval Resistance and Support I invite you to review ETH to USDT also on a one-day interval. First, we will mark the downtrend line that the price has crossed going up.
As we can see, the last increase was previously confirmed when the red EMA Cross 10 line crossed the green EMA Cross from below, which is a signal for an upward move.
Next, we see copies of the situation from the BTC chart regarding the arrangement of the current peak with the previous one and the situation on the RSI.
Let's move on to identify the support areas in case the price turns around and here we can mark the support zone from $ 1283 to $ 1242, then the second support zone from $ 1209 to $ 1178, when the price drops lower we have support at $ 1131 and $ 1073 in place of the previous one hole for the price.
Looking the other way, it is worth determining where ETH will encounter resistance on the way to growth. So we can set the first resistance at $1374, then we have resistance at $1447, then a strong resistance zone from $1549 to $1677.
It is worth looking at the CHOP index, which indicates that the energy was used for the last upward move, the MACD confirms the current upward trend, while the RSI, despite the previously discussed formation, is moving in the upper range, which often indicates an upcoming correction.
Daily review of ETH interval 1DI invite you to review the ETH to USDT chart in a one-day time frame. As you can see, the price has broken the downtrend line upwards.
Let's start with the support line and as you can see the first support in the near future is $1247, if the support is broken then the next support is $1212, $1180 and $1133.
Now let's move on to the resistance line, as you can see the first resistance the price is currently fighting is $1306, if it manages to break it, the next resistance will be $1376 and $1447.
Let's pay attention to the EMA Cross 10 and 30, we can see that the red line is in the process of crossing the green line from below, which usually indicates an increase in price.
Looking at the CHOP indicator, we see that some of the energy has been used, but it is still there, the MACD indicates an uptrend, while the RSI is approaching the upper limit, which may indicate an upcoming correction.
Daily review of BTC interval 1DHello everyone, I invite you to review the BTC chart in pair to USDT, on a one-day timeframe.
At the beginning, using the blue lines, we can mark the downtrend channel in which we are moving. However, locally, with the help of a yellow line, we will mark the downtrend line with which the price is fighting.
Next, we can move on to BTC support, and here we can see that we first have a strong support zone from $16,562 to $16,084, only when the price goes below this zone, we can see a drop to $15,457, which is the place of the last low, and further to the price of $13,635.
Looking the other way, we see that we have first resistance at $16836 where the price is moving, further resistance appears at $17739 and $18416, then there will be a strong resistance zone from $19171 to $20174.
When we look at the EMA Cross 50 and 200, we see that they indicate a continuation of the downtrend. However, after switching to EMA Cross 10 and 30, we see that the red line is moving and right next to the green one, when it crosses it, we can see an upward movement.
Next, we see the CHOP index which indicates that we have a lot of energy for the upcoming move, the MACD indicator indicates an uptrend, while the RSI has been moving in the middle of the range for some time, so we cannot clearly determine the direction.
LTCUSDT 1D Interval - Resistance and SupportI invite you to review the LTC to USDT chart on a one-day timeframe. We will start by marking the sideways trend channel and then we can mark the local downtrend line.
Now, with the help of Fib Retracement, we will check the resistance places for the price, and here we see that we first have a strong resistance zone from $74 to $82, when we manage to break it and test it positively, we have another resistance at $93 and $107.
Looking the other way, we can mark the support areas, as you can see we have the first support at $68, the second at $62, then we can mark a strong support zone from $57 to $48, however, if it is broken and the price drops below the lower limit of the channel, we have another support at $40, which is my last low.
As we can see on the CHOP index, the energy has been used for the last move, the MACD confirms the downtrend, while the RSI touched the upper range, which means that we can expect a price correction.