ETH - USDT, 1D Interval Resistance and Support I invite you to review the ETH/USDT chart on a one-day interval.
However, here we can use white lines to mark a long-lasting sideways trend channel, while locally it is worth marking a local uptrend line.
Now with the help of Fib Retracement we will check where the price has support, and here we see that we first have a support zone from $ 1213 to $ 1180, but when the price falls below this zone, we have another support at $ 1134 and then 1074 $ at the bottom of the channel and at the previous low.
Looking the other way, in a similar way, we can check where the ETH price will meet resistance. And as you can see, we have the first resistance at $1227, which the price is currently fighting, the next resistance is at $1,251, then we have a strong resistance zone from $1,276 to $1,309, and when the price breaks it, it will go towards the resistance at $1,352, to the top of the channel.
It is worth noting that the volume is very small, but there is a growing advantage of buyers.
The CHOP index indicates that we have a lot of energy, so we can expect more traffic to come. The MACD indicator indicates that we have entered an uptrend, while the RSI is moving around the middle of the range, which makes it difficult to determine a specific price direction.
1daychart
Daily review of BTC interval 1DHello everyone, I invite you to every Friday review of selected cryptocurrencies. We'll start with a chart review of BTC vs USDT on a single day timeframe. At the beginning, we can use the blue lines to mark the triangle in which the BTC price is moving and we can see that we are getting closer to taking the direction of leaving it.
Let's start with the support line and as you can see the first support in the near future is $16586 equal to 0.618 FIB, if the support is broken then the next support is $16086 and $15456.
Now let's move on to the resistance line, as you can see the first resistance the price is currently fighting is $16762, if it manages to break it, the next resistance will be $17073, $17325 and $17581.
Looking at the CHOP indicator, we can see that there is a lot of energy for a bigger move, the MACD is close to indicating an uptrend, while the RSI is moving below the middle of the range, which could potentially give room for an uptrend.
BNB/USDT 1DChartReview Hello everyone, I invite you to review the BNB/USDT chart on a one-day timeframe. With the help of white lines we will determine the sideways trend channel, while locally we can mark the downtrend line under which the BNB price moves.
Importantly, when we develop the Fib Retracement tool, we can immediately see that the price is in a strong support zone from $251 to $222, however, if the support is broken and the price drops lower, we can see a drop to near the previous low at $184 .
However, if the downtrend ends and we see increases. It is the price will first encounter resistance at $274, then $291, then we have a strong resistance zone from $309 to $331, then resistance at $361, the location of the last high not taking into account the vertical candle.
As we can see, the CHOP index indicates that the energy is slowly rising, the MACD indicator indicates that we have entered an uptrend, while the RSI is moving sideways in the lower part of the range.
Daily review of BTC interval 1DHello everyone, I invite you to every Friday review of selected cryptocurrencies. We'll start with a chart review of BTC vs USDT on a single day timeframe. First of all, we can mark with the help of white lines the sideways trend channel in which the price has been moving for a long time, while locally with the help of the yellow line we can mark the downtrend.
Now, with the help of Fib Retracement, we will check what support the price has on its way. And as we can see, the price is currently holding just below the support at 0.618 Fib Retracement, and the next support is at $16087, lower at $15449, which is the last low, but if the price goes lower, we can see a drop even to around $13648 .
However, in a situation where the trend reverses and the price starts to grow, it is worth marking the places where we can encounter resistance. And so we see that we have the first resistance at $16,760, the second at $17,073, the third at $17,342, and the fourth at $17,554. Only when the price overcomes these four resistances and positively tests the last one, the way to further increases will open.
It is worth paying attention to the CHOP index which indicates that we have a lot of energy for the upcoming move, MACD indicates that we are moving in a downtrend, while the RSI has been moving in the middle of the range for a long time.
UNIUSDT 1D Interval- Resistance and SupportHello everyone, welcome to a review of the UNI to USDT chart on a one-day timeframe. First, we will use the blue lines to mark the downtrend channel in which the price is currently moving.
Next, we can check where the price has support, and here we can see that we are currently in the $5.82 to $4.73 support area. However, if the support is broken and the price starts to fall more strongly, we can see a drop to around $3.32, which is the place of the last price low.
Looking the other way, we will similarly check where the price should break resistance when the downtrend reverses. As we can see, we have the first resistance at $6.82, the second resistance at $7.91, and then we have a strong resistance zone from $8.99 to $10.52.
Please pay attention to the CHOP index, which indicates that the energy is starting to rise strongly. The MACD is getting closer to crossing the red line with the blue line from below, which would confirm the change of the trend to an upward one, while the RSI is moving in the lower range, which may also indicate an upcoming uptrend.
BNB / USDT 1D INTERVAL, Support and ResistanceHello, I invite you to review the BNB chart in pair to USDT on a one-day timeframe. First of all, it is worth defining the sideways trend channel, while locally we can mark the downtrend channel with blue lines.
Now let's move on to marking the support that we should take into account when the price starts to fall. And here we see that we have the first support at the price of $ 229.7, but if the price drops lower, we have the next support at the price of $ 183.8, which is the place of the previous price low.
Looking the other way, we can see where the price should break resistance when it rises. The first resistance is at $261.9, the second at $287.7, the third at $309.2 and the fourth at $329.7.
As we can see, the current correction started when the red moving average line crossed the green line from above.
We can see that the volume is at very low levels. The CHOP index indicates that the energy is slowly starting to rise, the MACD indicates that we are entering a local uptrend, while the RSI is at very low levels, which may indicate an upcoming price increase.
BTCUSDT-1DInterval-Review Hello everyone, I invite you to review the BTC to USDT chart, on a one-day timeframe. As we can see, the price has been moving in the sideways trend channel for a long time, but currently we can mark with the yellow line, the local downtrend line with which the price is fighting.
Now let's move on to the support line and as you can see the first support that held the price at the current correction is $16583, if the support is broken then the next support is at $16078, while the third support is at $15461 which is below the lower limit of the channel, but it is also the place of the last price low.
Looking the other way, also using Fib Retracement, we will check the places where the price should subdue the resistance when the increases begin. as we can see the first resistance is at $16763, the second resistance is at $17077, the third resistance is at $17325 and the fourth resistance is at $17576.
As we can see, the entry into the local correction was preceded by the crossing of the green line moving average from above, through the red line. Looking further, we see that the volume is at low levels with a predominance of candles on the sellers side.
The CHOP index indicates that most of the energy has been used for the current correction, the MACD confirms the local downtrend, while the RSI is recovering and is currently at quite low levels, which may potentially bring the price up.
LINK/USDT 1D Interval ReviewI invite you to review the chart LINK in pair to USDT, taking into account the one-day interval. Let's start by identifying the main trendline, but looking closer we can identify with the blue lines the sideways trend channel and with the yellow line, the local downtrend lined that the price is trying to break.
Using the Trend Based Fib Extension tool, we will check the current support points for the price. As we can see, the first support is where the price has repeatedly changed its uptrend at $5.83, then we have support at $5.39, which is also the lower limit of the channel and the location of the previous low. However, when we exit the channel at the bottom, we can see a drop to around $4.72 or $3.82.
When determining resistance for the price, it is worth first to mark the strong zone from $ 6.25 to $ 8.03, only when the price goes higher we have resistance in the upper part of the channel at $ 9.43, going above this resistance and positive testing will open the way towards $ 11.83 and 14.08 $.
We can observe a growing volume, however, with a predominance of red candles, the CHOP index indicates a small accumulation, the MACD is close to indicating a change in the trend to an upward one, while the RSI also shows that we have gone down to low levels and are now starting to show small increases.
MATIC / USDT 1D chart ReviewHello, I invite you to review the MATIC chart on a one-day interval. let's start by marking the blue line, the downtrend line, which, as you can see, the price overcame. Since the end of August, we have been moving in a sideways trend channel, but we can also notice that we are locally below the downtrend line.
Now let's look at where the MATIC price has support, as you can see the first support is at $0.70, but if it goes lower we have another support at $0.52 and then $0.31 which is at the last low of the price.
Looking the other way, we can also check what resistance awaits the MATIC when the price starts to grow. And here we have the first support at the price of $ 0.93, when we manage to break it, the price will start moving towards the support from $ 1.32 to $ 1.63, only when we manage to break this zone and then positively test it, the way to further increases will open .
It is worth looking at the moving averages, where we can see that the white line, blue line and red line have crossed the yellow line from below, which heralds increases, however, currently the white line is getting closer to crossing the yellow line from above, if this happens, then blue and red will follow the white one, we can continue the downward trend.
Looking further, the CHOP index indicates that most of the energy has been used, the MACD indicates a local downward trend, while the RSI has decreased, but there is still room for a deeper correction.
SOL - USDT 1daycahrt Review!Hi, let's check out what's happening on the SOL chart against USDT on a four-hour time frame. We will start by marking the white lines of the sideways trendline, while using the yellow line we will mark the local downtrend line where the price is moving.
Moving forward, we will check what support should be considered. As you can see we have the first support at $11.80, if the support is broken and the price drops below the channel, we have the support at $10.94 which is where the low is kept and when the price goes further down we can see around 8.46 $.
Look at the other side of the picture we have the first resistance at $12.46, the second resistance at $12.94, the third at $13.35 and then we have the exit zone from $13.71 to $14.27 , only when the price goes and tests well, check yourself the way to an upward exit from the channel and growth.
I am asking for a number for a volume that is very low with a slight advantage of sellers. The CHOP index indicates that some of the energy coming from the use is still a bit on the move, the MACD actually remains in a downward trend, while the RSI shows a visible rebound, which may trigger a breather and price increase.
Review BTCUSDT on 1D IntervalHello, I invite you to review the BTCUSDT chart on a one-day interval. First of all, it is worth marking the sideways trend channel in which the price has been moving for more than a month with white lines, while locally we can mark the downtrend channel with yellow lines.
Now, using the Fib Retracement tool, let's check what resistances should be taken into account, as we see the first support is at 0.618 Fib, which is equal to $ 16593, but if the price goes lower, we have another support at $ 16,102 and $ 15,490. In a situation where these three important resistances fail, we can see a drop to around $13,691.
Moving on, let's check the resistance areas for the price and here we can see that we already had an attempt to break the previous high, which we minimally managed to do, but the price quickly moved back to the previously mentioned support at 0.618 FIB. But let's go back to the resistance areas and we see that we have the first resistance at $16857, then we have a resistance zone from $17185 to $17631, when it is broken, the price will try to attack the top and exit the channel, which may open the way to around 19916 $.
Let's look at how the moving averages are arranged. the white and blue lines are very close to the red one. When white crosses blue from below and then red, you should observe whether further blue crosses red from below, which may indicate a larger uptrend. However, only when these three averages cross the yellow one, we can observe a bullish uptrend.
Further, we can see on the CHOP index that the energy has weakened and confirms the local sideways trend, MACD shows a downward trend, but much weaker than previous weeks, on the RSI we see a rebound and space for another upward move.
ETH - USDT, 1D Interval Resistance and Support Hello everyone, I invite you to review the chart of ETH vs. USDT on the 1D time frame. As you can see, the price of ETH has been moving in a downtrend channel for a long time.
Now let's move on to checking what support spots we should consider in the coming days or weeks and here we have the first strong support at $1128, but if the price does not hold at this support, we have the next ones only around $885.
Looking the other way, we can also move to the determination of resistance points for ETH, and here we have the first significant resistance at the price of $ 1302, the next resistance is at the price of $ 1441, only further when the price goes towards the strong resistance zone from $ 1552 to $ 1666 and we manage to get out of this zone and test positively, we will get confirmation of leaving the downward channel and opening the way to further increases.
What's more, we can indicate with the yellow line that the price is locally moving below the downtrend line.
As we can see, the current volume is very low with a slight advantage on the part of the sellers, the CHOP index indicates that the energy has been used to correct the price, but we still have room for continuation. The MACD indicates the entry into a downtrend, while the RSI shows a decline, but with room for a deeper correction.
Daily Falling wedge on GME has just entered the Discount ZoneLooking at this Falling wedge on the daily, a breakout of this wedge could be substantial and shoot this stock back into the 40s with ease. SI is on the rise as is IV, Also SMC showing GME has just entered the Discount zone and grabbed a pretty big block of liquidity. Prem zone on the Daily is sitting in the $43 dollar range.
FTM / USDT 1D Interval - Targets and StoplossHello everyone, let's look at the 1D FTM to USDT chart as you can see that the price is moving below the local uptrend line.
Let's start by setting goals for the near future that we can take into account:
T1 = $0.2091
T2 = $0.2193
T3 = $0.2277
T4 = $0.2355
and
T5 = $0.2473
Now let's move on to the stop loss in case the market goes down further:
SL1 = $0.2019
SL2 = $0.1854
and
SL3 = $0.1644
Looking at the CHOP indicator, we see that most of the energy has been used on the 1D interval, the MACD indicator indicates that we are moving in a local downtrend.
MATIC / USDT 1D chart Resistance and SupportHello everyone, welcome to the USDT MATIC chart review. As we can see, the price has broken out of the downtrend line and now we can mark the uptrend channel in which the price is moving with the blue lines.
Now let's move on to determining the support for the price and here we see that we first have a strong support zone from $0.82 to $0.70, if the price falls below the designated zone, we can see a drop to around $0.53 and a delta to $0.32.
Looking the other way, we see that we have the first resistance at $0.94, if the price goes up, then we have a strong resistance zone from $1.32 to $1.64, only when the price breaks this zone and tests it positively, we will be able to see further increases.
Please look at the CHOP index which indicates that we have a lot of energy which, when BTC is falling, can be used for a large correction, the MACD indicator indicates that we are on the verge of entering a downtrend, while looking at the RSI it is difficult to clearly determine the direction.
SOL - USDT 1daycahrtHello, I invite you to review the SOLANA chart in pair to USDT, let's start by marking with blue lines the triangle in which the price was moving, as you can see, it managed to go down.
Currently, the price has approached the resistance at $14.91, however, we see a small price retracement, however, if the resistance is overcome, then the price will have to fight the strong resistance zone from $15.86 to $17.19. Only when it manages to exit this zone at the top and then positively test it, the price will be able to go further up.
However, if we see a change in direction and the price starts to fall, we can see with the Fib Retracement tool that we first have a strong support zone from $14.02 to $13.44. If the zone does not hold the price, we have another support at the price of $ 12.96, and then at the price of $ 12.48.
It is worth noting that on the one-day timeframe we still have a lot of energy for the next move, and on the RSI we have a lot of room for further price increase. However, it should be remembered that when BTC starts to fall, it can pull SOL down.
LTCUSDT 1D Interval - Resistance and SupportHello everyone, I invite you to review the LTC/USDT chart on a one-day interval, here we can also determine the uptrend channel using blue lines, despite the price breakout attempt at the bottom and the top, we remain in the channel all the time.
Let's start by identifying what support we have in the coming days, the first support will be at $75.29, but if that support is broken we will have second support at $72.11, third support at $69.05 and fourth support at $64.95.
Looking the other way, in the same way we can mark the resistance places that should be taken into account and in this situation we see that we have the first resistance at $82.39, if LTC breaks it and positively tests, we have further resistance at $87.91, the third resistance is at $92.30 $ and fourth at $96.73.
On the CHOP index, we see that there is a lot of energy for the next move, the MACD indicator indicates a local downtrend, while on the RSI we are above halfway, but there is still some room for further growth after a small correction.
Silver appears to be triggering an inverse head & shouldersOne of the bigger green candlesticks we’ve seen on the daily chart for silver in awhile…would not be surprised if this breakout takes us to the $22 measured move target. The 1day 200 ma(in blue) will be waiting in that zone to likely provide resistance. *Not financial advice*
DOT / USDT 1D CHART - Resistance and SupportHello everyone, I invite you to review the DOTUSDT 1-day chart. It is worth starting by marking with the yellow lines of the downtrend triangle in which we have been moving for over a year, but we are approaching the direction of the price. However, locally, as we can see, the price is below the downtrend line.
Now, using the Fib Retracement tool, we will check where we currently have support for the price and here we have the first support at the price of $ 5, from which the price has already rebounded three times, but if the support is broken, we have another support at the price of $ 4.55 and $ 3.82.
Looking the other way, we will set the DOT resistance points in the same way and here we have the first resistance at the price of $5.57, the second at the price of $5.92, the third at the price of $6.21 and the fourth at the price of $6.50.
On the CHOP index, we see quite a lot of energy, the MACD indicator indicates the entry into a downtrend, while on the RSI we are below half, there is still room for a larger correction.
BNB / USDT 1D INTERVAL, Support and ResistanceHello everyone, I invite you to review the BNB to USDT chart also on a one-day timeframe. Let's start by marking with the blue lines the sideways trend channel and with the yellow line the local downtrend line under which the price is currently moving.
Now with the help of Fib Retracement we can check the support places for BNB, and here we have the first support at the price of $ 276, the second at the price of $ 264, the third at the price of $ 250, just below the lower border of the channel, but if the price goes lower, we can see it even around $208.
Looking the other way, we can mark the resistance points for the price in the same way and as you can see, we have the first resistance at $285, the second at $307, the third at $324 and the fourth at $342 which is also above the upper limit of the current channel.
Now take a look at the CHOP index which indicates we still have a lot of energy for the next move, the MACD indicator indicates that we are in a downtrend, while the RSI shows that we are below halfway but that does not mean we will not see a major price correction.
DOT / USDT 1D CHART - Resistance and SupportHello everyone, I invite you to review the DOTUSDT chart on a one-day interval, as we can see, the price went down from the triangle in which we were moving and is currently below the downtrend line marked in yellow.
In terms of support, we can see that we have touched the upper border of the support zone which runs from $5,121 to $4,957, however, if we fall below this zone, the price may drop to around $4.48.
Looking the other way, it is worth determining the current resistance points for the price and so we see that we have the first resistance at $5,243, the second at $5,419, the third at $5,565, then $5.71 and $5,916.
As we can see on the CHOP index, there is a lot of energy for the next move, the MACD indicates that we are on the verge of entering a downtrend, and the RSI that we are below half, however, we still have room for a larger drop, so be careful.
XRP / USDT 1daychartHello, I invite you to a short overview of the XRP to USDT chart on a one-day time frame. Here we can use yellow lines to mark a triangle in which the price is moving, which is important in its upper part.
Now let's look at what support we should consider in the coming days, and here we have the first support at $0.374, the second at $0.345 and the third at $0.322.
Looking the other way, we can also see where the price may meet resistance on its way, as we see the first resistance at which the price has now turned around is $0.398, the second resistance is at $0.412, the next is at $0.425 and the fourth at $0.437.
On the CHOP index, we can see that the energy is strongly charged, the MACD indicator indicates that we are in an uptrend, while on the RSI we are below half, which may indicate a place for further increases.