Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $24756, if the support is broken we have a support zone from $24484 to $24273, and the next support is $24046 and $23733.
Now let's move to the resistance line, as you can see the first resistance is $25,248, if we manage to break it, we can see a rapid increase to around $26,426.
Looking at the CHOP indicator, we see that the energy is slowly rising, the MACD indicates a local downtrend, while the rsi is approaching the upper limit of the range, which may give the price a rebound.
4hrchart
Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has broken 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 $24574, if the support is broken then the next support is $24287, $24063 and $23845.
Now let's move on to the resistance line, as you can see the first resistance is $25040, if you manage to break it, the next resistance will be $25246, $25433 and $25719.
Looking at the CHOP indicator, we see that most of the energy has been used, the MACD indicates the maintenance of the local downtrend, while the RSI is moving at the upper end of the range, which may give the price a rebound.
SOL/USDT 4HInterval Resistance and SupportHello everyone, let's look at the SOL to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $23.46, if the support is broken then the next support is $23.12, $22.86 and $22.63.
Now let's move on to the resistance line, as you can see the first resistance is $24.17, if you manage to break it, the next resistance will be $24.75 and $26.46.
Looking at the CHOP indicator, we see that there is still a lot of energy, the MACD is on the verge of entering a local uptrend, while the RSI is moving in the upper part of the range.
Daily review of BTC interval 4HHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the interval of four hours. First, we will use blue lines to mark the local uptrend channel in which the BTC price is moving.
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 $ 24,129, when the price drops lower, the second support is at $ 23,789, then at the price of $ 23,434 and $ 22,952.
Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. We will first mark support at $24,825, when it breaks, then we have second support at $25,300, then support at $25,741, and then support at $26,404.
Please pay attention to the CHOP index, which indicates that we are gathering energy again, the MACD indicator indicates entering a local downtrend, while the RSI shows a visible rebound, but we are still moving in the upper part of the range.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has broken 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 $24587, if the support is broken then the next support is $24136, $23795 and $23429.
Now let's move to the resistance line, as you can see the first resistance is $25,112, if you manage to break it, the next resistance will be $25,636, $26,040 and $26,453.
Looking at the CHOP indicator, we see that the energy has been used, the MACD confirms the local uptrend, while the RSI has crossed the upper limit of the range, which indicates a needed price rebound.
XRP - USDT on 4H interval Targets and StoplossI invite you to review the XRP chart against USDT, taking into account the four-hour interval. First, we will use the yellow lines to mark the downtrend channel in which the price is moving.
Moving on, we can move on to marking the support areas when the price starts to reverse. And here in the first place we have a support zone from $0.38 to $0.37, when the price falls below this zone we have a second zone of strong support from $0.35 to $0.33.
Looking the other way, we see that the price has reached the resistance point at $ 0.39, which so far has no strength to break. However, if it manages to break out above, we have a second support at $0.40, then a resistance zone from $0.41 to $0.42, and then resistance at $0.43.
Please look at the CHOP index, which indicates that most of the energy has been used, the MACD indicates that we are moving in a local uptrend, while the RSI shows a significant increase and we are approaching the upper end of the range, where the price often has a rebound.
SOL - USDT 4HChart, ShorttermHello everyone, let's look at the SOL to USDT chart on a 4-hour time frame. As you can see, the price has returned 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 the zone from $22.07 to $21.65, if the support is broken then the next support is $21.32 and below we have the second zone from $20.98 to $20.98 $20.50.
Now let's go from the resistance line, as you can see the first resistance is $22.76, then we have the resistance zone from $23.09 to $23.55, the next resistance at $24.10, then the price will move towards strong resistance at $25.73 $
Looking at the CHOP indicator, we see that the energy has been used, the MACD indicates a local uptrend, while the RSI is moving in the upper part of the range.
EU made a retracement Tuesday. Looking for Bullish movement!After Top- Down analysis i'm looking for EU to move to the upside.
This is not trading advice or a signal!
The Website should not be relied upon as a substitute for extensive independent market research before making your actual trading decisions.
DOT / USDT 4H CHART - Resistance and Support!Hello, I invite you to review the DOT chart in pair to USDT, on a four-hour interval. First of all, we will use the blue lines to mark the uptrend channel from which the price has gone down, while the yellow lines will mark the downtrend channel in which we are currently moving.
Going further, we can move on to marking support areas in a situation where the correction is deepened. And here the first support is at $5.91, but when we go lower, the next support is at $5.56.
Looking the other way, we see that we first have an important resistance zone from $6.21 to $6.38, only when we break through it will the next resistance be at $6.52 and then $6.66.
Please look at the CHOP index, which indicates that the energy collected is being used to correct the price, the MACD indicates that we have entered a downtrend, while the RSI has touched the lower end of the range.
Daily review of BTC interval 4HHello everyone, I invite you to review the BTC pair to USDT taking into account the interval of four hours. First, we will use the yellow line to mark the local line of the falling trend under which the price is currently moving.
Now we can move on to marking the support areas in case of a deeper correction. And here, in the first place, it is worth marking the support at the price of $ 21,412, then we have a support zone from $ 21,007 to $ 20,666, but when we fall below this zone, we can see a drop to around $ 20,339, then to the price of $ 19,868 and even $ 19,265.
As we can see, EMA Cross 10 and 30 indicate continuation of the downtrend.
Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. First, we have resistance at $22,300, once we break it, we have resistance at $22,891, then there is a zone of strong resistance from $23,341 to $23,797, and then price can move towards $24,432 resistance.
Please pay attention to the CHOP index which indicates that there is still a lot of energy left for the move, the MACD indicator indicates the maintenance of the local uptrend, while the RSI is moving in the lower part of the range.
Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $1470, if the support is broken then the next support is $1444, $1419 and $1385.
Now let's go to the resistance line, as you can see the first resistance is $1508, if you manage to break it, the next resistance will be $1534, $1555 and $1577.
Looking at the CHOP indicator, we see that there is still some energy left, the MACD indicates the limits of entering the local downtrend, while the RSI has returned to the lower limit of the range.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $21873, if the support is broken then we have a support zone from $21226 to $20399.
Now let's go from the resistance line, as you can see the first resistance is $22,101, if we manage to break it, then we have a strong resistance zone from $22,520 to $23,194, then resistance at $23,647 and $24,234.
Looking at the CHOP indicator, we see that there is still a lot of energy left for a further move, the MACD indicates entering a local uptrend, while the RSI shows an increase and room for the next move.
EU made a retracement Friday. Looking for Bullish movement!After Top- Down analysis i'm looking for EU to move to the upside.
This is not trading advice or a signal!
The Website should not be relied upon as a substitute for extensive independent market research before making your actual trading decisions.
SOL - USDT 4HChart, resistance and supportHello everyone, let's look at the SOl to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the price is currently based on the support at $20.30, if the support is broken we can see a rapid drop to around $16.29.
Now let's go from the resistance line, as you can see the first resistance is $21.38 if you manage to break it the next resistance will be $22.46, 23.26 then a strong resistance zone from $24.10 to $25.28 .
Looking at the CHOP indicator, we see that the energy is exhausted, the MACD is on the verge of returning to an uptrend, while the RSI is moving in the lower range and there is room for growth.
Daily review of BTC interval 4HHello everyone, I invite you to review the chart of BTC vs USDT, taking into account the four-hour interval. First, we will use the yellow line to mark the local uptrend line from which the price went down.
Now we can move on to marking the support and here in the first place it is worth marking the support zone from $ 21239 to $ 20421, but when we fall below this zone, we can see a drop even around $ 18041.
Looking the other way, in a similar way using the Fib Retracement tool, we can determine the places of resistance. And here we have the first resistance at the price of $22158, when it manages to break it, the price will have to break through the strong zone from $22581 to $23662. Once this zone is broken, the price will move towards its latest high at $24,261.
Please note the CHOP index which indicates that the energy has been used up and is slowly starting to rise, the MACD indicator indicates a downtrend, while the RSI indicator is moving at the lower end of the range.
Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price has fallen below the local uptrend channel.
Let's start with setting support and here we immediately see that the price is in a strong support zone from $ 1560 to $ 1518, if the price goes lower we can see a quick drop to around $ 1396.
Now let's move on to the resistance ETH is facing, we can see that we have a strong resistance zone from $1621 to $1674, then it will meet resistance at $1716.
Looking at the CHOP indicator, we can see that the energy has been used up for the last fall, the MACD indicates a local downtrend, while the RSI has touched the lower range, which gives us room for new highs.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support at which the price stopped is $21890, if the support is broken then the next support is $21237 and $20412.
Now let's move to the resistance line, as you can see the first resistance is $22443, if you manage to break it, the next resistance will be $22806, then we have a strong resistance zone from $23078 to $23368 and then resistance at $23731.
Looking at the CHOP indicator, we see that the energy has been used, the MACD indicates a local uptrend, while the RSI has a strong rebound.
USDJPY 4H: 09/02/2023: Short opportunity!
Main Idea:
Well, here in the USDJPY chart we can see the bearish structure and we can expect the price to move downward.
For that, the price can rise till the supply zone and then with a low time frame confirmation, we can enter.
You can see all the important zones and levels on the chart.
If you have questions, feel free to ask.
💡Wait for the update!
🗓️09/02/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
DOT / USDT 4H CHART - Targets and Stoploss!Hello everyone, let's look at the DOT to USDT chart on a 4-hour time frame. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see, first we have a support zone from $6.66 to $6.57, if the support is broken then the next support is $6.45 and $6.29.
Now let's move on to the resistance line, but first we have a resistance zone of $6.82 to $6.95, if we manage to break it, the next resistance will be $7.08 and $7.27.
Looking at the CHOP indicator, we see that most of the energy has been used, the MACD is close to entering a downtrend, while the RSI indicates a strong reaction, which creates room for increases.