BTC/USDT Short-Term 1H Hello everyone, let's take a look at the BTC to USDT chart for one hour. As you can see, the price remains on the upward trend line, and locally moves in the downward trend channel.
When we unfold the Trend Based Fib Extension grid, we see that the price remained at support at $37,439, while we still have a strong support zone from $37,148 to $36,781.
Looking the other way, we have visible resistance at $38,125, and then we have a very strong resistance zone from $38,335 to $38,546.
The RSI indicator shows that we are in recovery with room for price declines, while the STOCH indicator shows that the energy for increases is quickly running out, which may drag the price lower.
1hrchart
BTC/USDT Short-Term Chart 1HHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price is struggling to stay in the local horizontal trend channel.
After unfolding the trend based fib extension grid, you can see a support zone just below the side trend channel from $26,113 to $35,711, and further decline may stop the support at $25,220.
Looking the other way, a resistance zone has formed from $36,568 to $36,784, followed by a strong zone from $37,324 to $37,725.
Looking at the CHOP indicator, we see that there is still energy for a decline, and the RSI indicator, similarly to the STOCH indicator, also shows room for a deepening downward move.
ETH/USDT 1H Short-Term ChartHello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price came out of the local upward trend line.
When we unfold the trend based fib extension grid, we see a support zone from $1,854 to $1,837, which stopped the decline, then we have support at $1,815, and then support at $1,753.
Looking the other way, there is strong resistance at $1,904, and then the price must break the resistance zone from $1,937 to $1,961.
Looking at the CHOP indicator, we see that there is still energy to continue the move, on the RSI indicator, despite the rebound, there is still room for the price to fall lower in the coming hours, and on the STOCH indicator, we are moving at the lower limit, which resulted in the current price rebound.
ETH/USDT Short-Term 1HHello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price moved sideways from the local downtrend line.
When we unfold the trend based fib extension tool, we can see a support zone from $1,790 to $1,776, and then we have a second zone from $1,753 to $1,737.
Looking the other way, you can see that the price is fighting in the resistance zone from $1,798 to $1,811, while it may continue towards the second zone from $1,848 to $1,867.
Please pay attention to the RSI indicator, which shows room for a price increase, but the STOCH indicator shows that the upper limit has been exceeded, which has stopped the current upward movement and may provide a rebound.
BTC/USDT Short-Term 1HIntervalHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price is moving above the local uptrend line.
After unfolding the trend based fib extension grid, you can see a support zone from $34,451 to $34,202, and then we have a second zone that protects against a return to $31,000, from $33,797 to $33,511.
Looking the other way, you can see that the price has been rejected by the resistance zone from $34,578 to $34,880, but when we break out of it, there is still resistance at $35,285.
Looking at the CHOP indicator, we see that there is still energy left for a move, while the RSI indicator and the STOCH indicator indicate that we may see a greater price recovery.
ETH/USDT 1H Interval ReviewHello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price is moving above the local uptrend line.
After unfolding the trend based fib extension grid, you can see a support zone from $1,791 to $1,785, and then we have a second zone from $1,775 to $1,768.
Looking the other way, we have a resistance zone from $1,798 to $1,808, and then resistance at $1,821 before further growth.
Looking at the CHOP indicator, we see that there is still some energy left for the move, while the RSI indicator and the STOCH indicator indicate that we may see a greater price recovery.
BTC/USDT 1H ChartHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price is moving above the local downtrend line.
When we unfold the Trend Based Fib Extension grid, we can see a strong support zone from $33,442 to $33,152.
Looking the other way, there is a resistance zone from $34,551 to $34,861, followed by strong resistance at $35,260.
Looking at the CHOP indicator, we see that the energy is slowly starting to grow, on the RSI we are moving around the middle of the range, but when we look at the STOCH indicator, we can see that we are approaching the lower limit, which may result in a greater price recovery before rising again.
BNB/USDT 1H Interval ReviewHello everyone, let's take a look at the BNB to USDT chart taking into account the one hour time frame. As you can see, the price is moving above the local downtrend line.
After unfolding the Fib Retracement grid, we will mark a support zone from $224 to $221, while we still have support at $218.
Looking the other way, you can see that the price has moved back through the resistance zone from $230 to $234, and then we have resistance at $238.
Looking at the CHOP indicator, we can see that there is still some energy left for a move, on the RSI indicator, despite the recovery, there is still room for a decline, and on the STOCH indicator, we have room for the price to go lower.
GBPJPY SELLFX:GBPJPY
Overall structure based on the Daily, 4H and 1H chart is bearish, hence I am looking for sells.. Price is currently in a consolidation phase between the 182.626 Daily resistance level and the 181.519 Daily support. A break and retest below 181.519 Daily support will mean that we can continue shorting GBPJPY
BTC Short-Term Review 1HHello everyone, let's take a look at the BTC to USDT chart taking into account the one hour interval. As you can see, the price is moving above the local uptrend line.
After unfolding the FIb Retracement grid, we see that the price remains just above the support zone from $28,735 to $28,607, and then we have the second zone from $28,403 to $28,256.
Looking the other way, we see a strong resistance zone from $28,885 to $29,106, only when we go above it can we see an increase to the resistance level of $29,743.
Looking at the CHOP indicator, we see that the energy has been used, while the RSI indicator and the STOCH indicator show a movement at the upper limit of the range, which resulted in a slowdown in growth and may result in a price recovery.
BTC Short-Term Review Chart 1HHello everyone, let's take a look at the BTC to USDT chart taking into account the one hour interval. As you can see, the price dynamically moved up from the local downward trend line.
After unfolding the Trend Based Fib Extension grid, we see that the price has returned to the support zone from $28,498 to $28,063, but if this zone does not maintain the price, we may see a drop to the support level of $26,801.
Looking the other way, we see that the first resistance is at $28,898, then the second at $29,423, and then we can mark a significant resistance zone from $29,846 to $30,269.
Looking at the CHOP indicator, we see that the energy is starting to grow, the RSI shows a return to the lower part, which makes room for a new increase, while the STOCH indicator shows a reflection from the lower boundary, which could potentially result in an upward movement in the coming hours.
ETH/USDT 1H Chart ReviewHello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price is moving above the local downtrend line.
After unfolding the Trend Based Fib Extension grid, we see that the price has retreated to the support zone from $1,582 to $1,547, and then there is a second zone from $1,518 to $1,489.
Looking the other way, first we have a resistance zone from $1,596 to $1,620, and then the price will again try to break the zone from $1,677 to $1,720.
Looking at the CHOP indicator, we see that the energy is running out, the RSI indicator shows a strong rebound, which creates room for a new increase, similarly on the STOCH indicator, we have exceeded the lower limit and we can see a new upward movement.
GBPJPY SELLFX:GBPJPY
Price on GBPJPY broke below the Daily support area simultaneously breaking the short term bullish structure on the 4H timeframe. This week I will be looking to go short on GBPJPY. A retest to 182.275 Daily resistance and/or a break and retest below 181.186 Daily support/resistance is were I will be looking to go short on GBPJPY.
BTC Short-Term 1H Chart ReviewHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price has fallen below the local uptrend line.
After unfolding the Fib Retracement grid, we see that the price remains in a strong support zone from $26,980 to $26,532, and then we have support at $25,970.
Looking the other way, the first resistance is at the price of $27,328, then we have resistance at the price of $27,567, and then there is a resistance zone from $27,814 to $28,166.
Looking at the CHOP indicator, we see that the energy rebound is used for a small increase, while on the RSI indicator, despite small movements on the chart, we returned to the upper part of the range with room for the price to go a little higher.
BNB/USDT 1H ReviewHello everyone, let's take a look at the BNB to USDT chart on a one hour time frame. As you can see, the price remains below the local downtrend line.
After unfolding the Trend Based Fib Extension grid, we see that the price remains at the support of $205.6, then we have support at $203.3, and then the support zone from $201 to $197.
Looking the other way, you can see the first resistance at $207.8, then the second resistance at $209.7, and then the resistance zone from $211 to $214.
Looking at the CHOP indicator, we see that the energy is gaining strength, while the STOCH indicator shows a rebound with room for further decline.
ETH/USDT Short-Term Review ChartI invite you to review the chart of ETH in pair with USDT, also on the one-hour time frame. Let's start, as in the case of BTC, by marking the local upward trend line from which the price came out lower.
Now let's move on to marking the support places. We will use the Fib Retracement tool to mark supports, and as you can see, the price remains in a strong support zone from $1,635 to $1,603, but when we fall below this zone, we may see the price drop to the support level of $1,563.
Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here, on the upward path, there is a strong resistance zone from $1,661 to $1,679, then we have resistance at $1,696, and then the second zone from $1,720 to $1,751.
The CHOP index indicates that we have more and more accumulated energy, on the STOCH indicator we are in the process of recovery, which is also confirmed by the RSI indicator, where we could see a quick withdrawal from the upper part of the range.
BNB Short-Term 1HInterval ReviewHello everyone, let's take a look at the BNB to USDT chart on a one hour time frame. As you can see, the price is moving below the local uptrend line.
After unfolding the FIb Retracement grid, we can mark a strong support zone with a price ranging from $212 to $209.7, while we still have support at $206.5.
Looking the other way, there is a resistance zone from $214.9 to $215.9, then there is resistance at $217.2, another at $219.1, and then there is resistance at $221.6.
Looking at the CHOP indicator, we see that there is some energy left for continuation, the STOCH indicator shows that the upper limit has been exceeded, which resulted in another recovery, and the RSI shows a pullback, which may result in a greater drop in the price.