XRP 4H Chart ReviewHello everyone, I invite you to review the chart of XRP in pair to USDT, on a four-hour interval. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range.
Moving on, we can move on to marking support areas when we start a larger correction. However, here, after unfolding the Fib Retracement grid, we see that the price is holding a strong support zone from $0.55 to $0.46.
Looking the other way, we can mark two resistance zones, the first zone from $0.58 to $0.63, and then we have the second resistance zone from $0.69 to $0.76, only when we manage to overcome them we can move towards resistance at $0.85.
When we turn on the EMA cross 200, we see that the price quickly returned to the blue line of the moving average 200, which indicates a quick return to the downtrend.
On the CHOP index, we can see that there is a lot of energy for the upcoming move, on the RSI we have a rebound and sideways movement around the middle of the range, while the STOCH indicator starts to turn around, which may indicate a price increase in the coming hours.
4hrchart
BNB 4H Interval ReviewHello everyone, welcome to a review of the BNB chart on a four-hour time frame. Let's start with the blue lines marking the uptrend channel from which the price exited at the bottom, and the price drop after leaving the channel was as much as the height of the presented channel. Locally, we can mark with a yellow line, the downtrend line under which the price is moving.
Let's start by marking the support spots for the price and we see that we first have support at $205, but if the price goes lower, we have another support at $196, then at $189, and another support at $183.
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 fighting resistance at $219. Next is resistance at $224, third resistance at $228, then price needs to break through the strong resistance zone from $236 to $244.
The CHOP index indicates that the collected energy is used to increase the price, on the RSI we have a visible increase, although there is room for the price to go higher, it is worth paying attention to the STOCH indicator which indicates that the energy is running out, which may bring a rebound after this increase.
LTC/USDT 4H Interval ReviewHello everyone, I invite you to review the LTC chart on the four-hour interval. As we can see, the price is moving below the main downtrend line, while locally we can see that the price is moving sideways from the local downtrend line.
Let's start by marking the price support points and we see that we first have strong support at $53.39, but if the price goes lower then we have another support at $44.74 and then a strong support zone from $37 to $31 $.
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 fighting resistance at $66.59. There is still resistance at $72.97, once price breaks it it will move towards resistance at $78.28, and then it has to break through the strong resistance zone from $83 to $91.
The CHOP index indicates that there is a lot of energy for the upcoming move, on the RSI we see an increase towards the middle of the range despite very little price movement, while the STOCH indicator is moving in the upper part of the range, which may affect the price drop in the coming hours.
MKR 4H Interval Chart ReviewHello everyone, I invite you to review the chart of MKR in pair to USDT, on the four-hour interval. As we can see, the price has left the bottom of the uptrend line.
After unfolding the trend based fib extension grid, we can see that the price is currently holding a small support zone from $ 1117 to $ 1086, while we still have support at $ 959, however, when we fall below this support, we can see a quick move to the support area at the price $704.
Looking the other way, we see that first there will be a resistance zone from $1192 to $1256, then we have a second zone from $1321 to $1414, and then a very strong resistance at $1531.
Please look at the CHOP index, which indicates that the energy in the current downward movement has been used, on the RSI we are moving at the lower limit of the range, but on the STOCH indicator you can see that a large movement on the indicator results in a small price movement, which may translate into deeper declines.
SOL/USDT 4H IntervalHello everyone, I invite you to review the SOL chart on a four-hour interval. As we can see, the price came out of the uptrend line along which we were moving.
Let's start by marking the support spots for the price and we see that we first have support at $20.22 which kept the price down, but if the price goes lower then we have another support at $16.86, then support at $12.73 $.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we will mark the resistance zone from $24.65 to $26.10, then we have a second zone from $27.59 to $29.63, and then we have strong resistance at $32.27.
The CHOP index indicates that the energy has been used up and is slowly starting to bounce back, on the RSI we are moving at the lower end of the range, which may limit further price decline, and on the STOCH indicator we have a visible rebound that confirms the price rebound after the decline.
BTC/USDT 4H Review ChartHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving in the downtrend channel.
Today we could see a strong downward movement in the price and in this situation the price fell below the strong support and now we have support at $26894 and then we have strong support at $25547.
Now let's go from the resistance line, as you can see the first resistance is $29190, if you manage to break it the next resistance will be $30197 and then we have a resistance zone from $31046 to $31894.
When we look at the CHOP index and the RSI and STOCH indicators, we can see that in the four-hour interval, the energy on each indicator was heavily depleted.
NASDAQ BULLISH MARKET ANALYSIS ON 4HRHere's is my quick breakdown on NAS100 using the daily and 4HR timeframe to idetnify high probable area to enter a buy trade to continue with the trend (market structure)..
LET ME KNOW WHAT YOU THINK AND DROP YOUR COMMENTS BELOW!!!!
*ALWAY REMEMBERS; ITS PROGRESS OVER PERFECTION!!!***
BTC/USDT 4H Interval Review ChartHello 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 the blue lines to mark the local downtrend channel from which the price exited at the bottom and entered the downtrend channel.
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 zone from $29397 to $29196, however, when we fall below this zone, we can see a drop to around $28910, and then we have strong support at $28534.
Looking the other way, we can determine the places of resistance in a similar way. We will first mark the resistance zone from $29,806 to $30,208, when we manage to break it, we have strong resistance at $30,598. Once the first strong resistance is overcome, we continue to have resistance at $31,149, and then there is resistance at $31,863.
Please pay attention to the CHOP index, which indicates that there is still energy for movement, the RSI indicator confirms the local sideways trend, but there is still room for the price to go lower, while the STOCH indicator shows that the energy for this moment has been used, which may affect the price rebound.
BTC Dominance ReviewHello everyone, I invite you to check the current situation of BTC Dominance over the cryptocurrency market. first of all, we will mark the local downtrend channel in which we are moving, and what is more, we are approaching its upper limit.
Now we can move on to marking the places of support in the event of a correction. And here it is worth marking two support zones. The first zone starts at 49.88% and continues to 49.50%, then we have the second support zone from 48.87% to 48.45%.
Looking the other way, in a similar way using the fib retracement tool, we will mark the resistances that BTC dominance has to face, and here we first have resistance at 50.79%, then we have a strong resistance zone from 51.53% to 52, 11%, followed by resistance at 52.73% and further at 53.56%.
When we look at the RSI indicator, we see a strong increase and room for further upward movement, but the STOCH indicator gives information that the energy in this movement is running out, which may stop the current upward movement.
ETH/USDT 4H ReviewHello everyone, let's look at the ETH to USDT chart on the 4-hour timeframe. As you can see, the price is holding above the local downtrend line.
Once we unfold the Fib Retracement grid, we can mark the support zone from $1827 to $1780 that the price is based on, then we have strong support at $1712 and then at $1623.
Looking the other way, we will mark the resistances in the same way and here we first have a resistance zone from $1883 to $1945, then resistance at the price of 2033, and another resistance at the price of $2146.
The CHOP index indicates that there is a lot of energy, the RSI shows that downward movements have more power than upward movements, and the STOCH indicator indicates that the energy is quickly exhausted.
BTC 4H Review Chart Hello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving in an ascending triangle.
We'll start by presenting the most important supports. The first support is at $28,341, then we have a strong support zone from $27,974 to $27,494, followed by a second support zone from $26,917 to $26,309.
Now let's move on to the resistances and here we first have a small zone from $29724 to $29813, then there is a second strong zone from $30604 to $31162 and then resistance at $31864.
The CHOP index indicates that there is still energy for movement, the RSI has a quick rebound, but we still have not touched the lower limit, the STOCH indicator also indicates a rebound, but the energy is quickly exhausted.
MATIC/USDT Update 4HInterval ReviewHello everyone, I invite you to review the MATIC chart in pair to USDT. First of all, we will use the orange line to mark the downtrend line from which the price went up, while currently we see that the price has fallen below the yellow uptrend line.
Moving on, we can move on to marking support areas when we start a larger correction. And here we will first mark the support zone with the price from $0.69 to $0.65, then we have support at $0.58, and then another strong support at $0.50.
Looking the other way, we see that the price bounces from the beginning of the $0.73 resistance zone to $0.79, only when it breaks above this zone will it go towards the resistance at $0.87 and then towards the strong resistance at $0.97.
Please look at the CHOP index, which indicates that there is still some energy to continue the move, the RSI shows that we are in the process of rebounding and we still haven't touched the lower limit which may give the price a further rebound, while the STOCH indicator also shows that we are in a downtrend .
BTCUSDT 4H Review!Hello 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.
When we unfold the trend based fib extension grid, we see that the first support is at $29232, then we have strong support at $29148 and the third at $29042.
Looking the other way, the first resistance the price is below is $29292, then the second resistance at $29360, the third at $29415 and then we have a strong resistance zone from $29472 to $29550.
The CHOP index indicates that there is energy for a move, the RSI is near the middle of the range, and the STOCH index indicates that downward movements are stronger, which may pull the price lower.
ETH/USDT 4H Interval ReviewHello everyone, let's look at the ETH to USDT chart on the 4-hour timeframe. As you can see, the price is staying below the local downtrend line.
When we unfold the Fib Retracement grid, we see that the price is in a strong support zone at $1902 to $1868, however as we move lower the next support is at $1823.
Looking the other way, we will similarly mark the resistance points for the price and here the first resistance is at $1932, then we have a strong resistance zone from $1970 to $1997, then resistance at $2030
The CHOP index indicates that there is still some energy left for the continuation of the move, MACD indicates a return to the local downtrend, and the RSI is moving in the lower limit, but with room for the price to go a little lower.
LTC/USDT Review 4H Hello everyone, I invite you to review the chart of LTC in pair to USDT. Let's start by marking the local downtrend line with a yellow line as we can see the price is about to try to break this line.
Moving on, we can move on to marking support areas when we start a larger correction. However, here we see that the price is at the upper border of the $93 to $87 strong support zone, when the price falls below this zone, the next support is at $80.
Looking the other way, we can mark the first support at $98.99, then we have a strong resistance zone from $105 to $109, only after an upward exit from this zone, the price will move towards resistance at $114.87.
When we turn on the EMA Cross 50 and 200, we can see that the price is moving just below the EMA Cross 200 and is close to an uptrend, which would indicate a return to the uptrend.
The CHOP index, which indicates that we have a lot of energy for the upcoming move, the MACD remains in the local uptrend, while the RSI has a visible increase, but there is room for the price to go a little higher in the coming hours.
ETH/USDT 4HInterval ReviewHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. First, we will use the yellow line to mark the local downtrend line from which the price is moving sideways.
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 first have a support zone from $ 1904 to $ 1868 where the price is currently located, but when we go lower, the next support is at $ 1825.
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 strong resistance at $1932, and then the price will have to break through the strong resistance zone from $1970 to $1997.
The CHOP index indicates that there is a lot of energy for movement. The MACD indicator is close to turning into a local uptrend. On the other hand, on the RSI we moved back to the lower end of the range, which may give room for price increase.
ADA 4HInterwal Resistance and SupportHello everyone, I invite you to review the ADA chart in pair to USDT, also on a four-hour interval. First of all, using the blue lines, we can mark the local downtrend channel in which the price is currently moving.
Now let's move on to marking the places of support. And as you can see, we have the first support at $0.29, then we have a support zone from $0.27 to $0.26.
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 significant resistance at $0.33, and then the price needs to break the resistance zone from $0.35 to $0.37.
The CHOP index indicates that there is a lot of energy harvested. The MACD indicator indicates a transition to a local uptrend. On the other hand, on the RSI we are in the middle of the range, which makes it difficult to turn the direction of the price, but adding the collected energy and entering the uptrend on the MACD, we can see an attempt to increase the price.
BTC Daily Review 4HIntervalHello everyone, I invite you to review the current situation on the BTC pair to USDT, taking into account the four-hour interval. First, we will use the yellow line to mark the downtrend line from which the price has moved sideways.
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 support at $29248, but when we go lower, we still have a strong support zone from $28696 to $28266.
Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. And here the first resistance is at $30,242, then we have the resistance zone from $30,758 to $31,114, however, before any major increases, the price must break the resistance at $31,581.
Please pay attention to the CHOP index which indicates that there is a lot of energy for the upcoming move, the MACD indicator indicates entering a local uptrend, while the RSI is moving in the lower part of the range, which may bring the price up in the coming hours.
BNB 4HInterval ReviewHello everyone, let's look at the BNB to USDT chart on a four-hour time frame. As you can see, the price has moved above the downtrend line.
After unfolding the Fib Retracement tool, we see that the first support is at $247.82, then we have a strong support zone from $245 to $243, and then support at $240.97.
Looking the other way, it is worth first marking the resistance zone from $ 253 to $ 256, and then the support at $ 261.37.
The CHOP index indicates that there is energy for a further move, the MACD remains in a downtrend, and the RSI has a sideways move around the middle of the range, which may result in a slight upward move in price.
ETH/USDT 4HInterval Daily ReviewHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. First of all, using the blue lines, we can mark the uptrend channel in which the price is currently moving at its upper border.
When we turn on the EMA Cross 200, we can see that it held the price nicely at the time of the correction.
Now let's move on to marking the places of support. Here the first support we should take into account is at $1973, then we will mark the strong support zone from $1935 to $1911, however when the price breaks down from it we have another support at $1877.
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 $2063, then we have a strong support zone from $2110 to $2144, only when the price goes up, it will move towards the resistance at $2188.
The CHOP index indicates that the energy has been used. The MACD indicator confirms the uptrend. However, on the RSI we crossed the upper limit, which gives us moments of recovery.
BTC Daily Review 14.07.2023Hello everyone, I invite you to review the current cryptocurrency situation on BTC in pair to USDT, taking into account the four-hour interval. First, we will use the blue lines to mark the local sideways trend channel that the price is testing after an upward exit from the channel. It is also worth marking the local uptrend line on which BTC is currently moving.
After unfolding the trend based fib extension tool, we see that the first support that held the price is at $31,127, then we have support at $30,915, but if the price goes lower, we can determine the important support zone from $30,690 to $30,390.
Looking the other way, we can determine the places of resistance in a similar way. And here a very important resistance is at the level of $31840, only when we exit above it, the price will move towards the resistance at $32096, and then towards the very strong resistance zone from $32346 to $32698.
Please pay attention to the CHOP index, which indicates that most of the energy has been used and we are currently moving sideways, the MACD indicator indicates maintaining the local uptrend, while the RSI shows a visible rebound after a strong increase, which may give room for another wave of price increases.
Review Chart DOT/USDT 4HHello everyone, I invite you to review the DOT chart in pair to USDT. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range. And when we turn on the EMA Cross 200, we see that the price has stayed on this line, which indicates that the uptrend that was started earlier is being maintained.
Moving on, we can move on to marking support areas when we start a larger correction. And here the first support is at $4.98, then we can mark the support zone from $4.58 to $4.25, however, when the price falls below this zone, we can see a drop to around $3.93.
Looking the other way, we see that the price has reached an important resistance zone from $ 5.35 to $ 5.65, which so far has no strength to break. However, if it manages to exit the descending channel upwards and break through the resistance zone, the next resistance will appear at $6.04, and then the price can move towards the resistance at $7.20.
Take a look at the CHOP index, which indicates that the energy is starting to regain strength, the MACD indicates that we are in a local uptrend, while the RSI is back to the middle of the range, which gives room for the price to go a little higher.