BTC Short-Term 1HInterval ChartHello everyone, I invite you to review the current situation on BTC in the USDT pair, taking into account the one-hour interval. First, we will use the yellow line to mark the local upward trend line above which the price is staying. At this point, it is also worth marking the side trend channel with the blue lines where the price is in its upper part.
Now we can move on to marking support areas when the correction begins to deepen. And after unfolding the Fib Retracement grid, we can see that we are currently in the support zone from $34,516 to $34,304, but when the price breaks down, we still have a second important zone from $33,959 to $33,716, and then support at the lower border of the channel at $33,402.
Looking the other way, in a similar way, using the same fib retracement tool, we can determine the places of resistance. First of all, we will mark an important resistance zone from $34,746 to $35,109, which for now discourages any attempt to increase, but when we manage to come out on top and then test it positively, we will move towards the resistance at $36,164, only when the price overcomes it. it will go further towards $40,000.
Please pay attention to the CHOP index which indicates that there is still energy to make a move, on the RSI indicator we are moving in a sideways trend near the middle of the range, while on the STOCH indicator the current price drop brings the indicator closer to the lower limit, which may result in a renewed trying to increase the price.
Dailyanalysis
ETH 15M Short-TermHello everyone, let's take a look at the ETH to USDT chart on a short time frame of 15 minutes. As you can see, the price is approaching the exit of the triangle.
When we unfold the Fib Retracement grid, we can see that we have a strong support zone from $1,775 to $1,760, which should be monitored because a break from the bottom may mean further declines.
Looking the other way, you can see the resistance zone from $1,818 to $1,839, and then the resistance at $1,865, only when the price breaks it will it be able to go further up.
Looking at the CHOP indicator, we see that there is still energy for a move, on the RSI we are still moving around the middle of the range, but the STOCH indicator shows that we are reaching the upper limit, which may result in another price recovery.
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.
BTC 4H Interval Review ChartHello everyone, I invite you to review the current situation of BTC in the USDT pair, taking into account the four-hour interval. First, we will use the yellow line to mark the local downward trend line from which the price came out at the top.
It is worth mentioning that the place where the downtrend line was left is also the place where the yellow Ema Cross 50 line crossed the blue Ema Cross 200 line from below, thus confirming the return to a strong upward trend.
Now we can move on to marking support areas in case the correction deepens. And here, using the trend based fib extension tool, we will mark a very strong support zone from $30,996 to $29,839, but if the support does not hold the price, we still have support at $28,332.
Looking the other way, we can determine resistance areas in a similar way. However, here we will mark the resistance at $36,303, which is a very strong resistance that the price must face before we move towards $40,000.
Please pay attention to the CHOP index, which indicates that a lot of energy has accumulated, on the RSI indicator, despite the recovery, there is room for a further decline, but at this point you should add the STOCH indicator, which shows that the energy in the downward movement is running out, which may result in the opposite direction and the price increases 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.
ETH/USDT 4H Chart ReviewHello everyone, let's take a look at the ETH 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 will see that the price has returned to the support zone from $1,774 to $1,745, but if the support does not maintain the price, we still have a second zone from $1,675 to $1,623.
Looking the other way, we can see a fight with a strong resistance zone from $1,846 to $1,897, while we still have a second strong zone from $1,979 to $2,037.
Looking at the CHOP indicator, we see that the energy has been restored, the RSI shows a visible recovery with room for further decline, but the STOCH indicator is approaching the lower limit, which may limit the declines and result in another price increase.
LTC/USDT 1D ReviewI invite you to review the LTC/USDT chart. Starting with the blue lines marking the upward trend channel from which the price broke down, but locally you can see a sideways exit from the yellow downward trend line.
In order to determine support for the price, we will use the Fib Retracement tool and thanks to it we can see that the price is struggling to climb out of the strong support zone from $68.86 to $56.22. If the current zone did not support the price, we could see a decline to the area support at $40.26.
Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the first significant resistance is at $78.72, and then we have a strong resistance zone from $92.60 to $102.46.
The CHOP index indicates that there is still some energy left for the move, the RSI indicator has a slight recovery and there is room for the price to go a little higher, when we look at the STOCH indicator we see that it has exceeded the upper limit, which influenced the recovery, but in combination with the RSI indicator it may be slight recovery and another increase in the LTC price.
ETH/USDT 1DInterval Review ChartHello everyone, I invite you to review the ETH pair to USDT chart, also on a one-day time frame. First, we can use the blue lines to mark the upward trend channel in which the price is currently moving. However, locally it is visible that the price has moved above the downward trend line.
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 first support zone is from $1,671 to $1,517, but if this support does not hold the price, we may see a drop to the area of the second zone from $1,363 to $1,156.
Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here we can immediately notice that the price is approaching a very strong resistance zone from $1,916 to $2,230, only when it breaks above it will it be able to move towards the resistance at $2,557.
When we turn on EMA Cross 50 and 200, we can see that the price has returned above the blue line of the 200 moving average, but it is worth watching whether the yellow line of EMA Cross 50 will cross the blue line from below, which would confirm a strong upward trend.
The CHOP Index indicates that most of the energy has been used. The RSI indicator is approaching the upper limit and it is clear that there is some room for growth, but the STOCH indicator exceeded the upper limit and this resulted in a slight price recovery.
BTC/USDT 1D Interwal 40000$ or 31000$Hello everyone, I invite you to review the current situation on the BTC to USDT chart, taking into account the one-day interval. We will start by marking a strong downward trend line from which the price moved sideways, and currently we can mark the upward trend channel in which we are moving with blue lines.
Now we can move on to marking support areas in the event of a correction. And here, first of all, it is worth marking the support zone from $30,687 to $27,750, but when we fall below this zone, we may see a drop to the area of the second zone from $23,135 to $19,884.
At this point it is worth looking at the EMA Cross 50 and 200 as we can see that the yellow ema cross 50 line has returned above the blue ema cross 200 line, confirming that the strong uptrend is continuing.
Looking the other way, we can determine resistance locations in a similar way using the Fib Retracement tool. Here you can immediately see the fight against the strong resistance level at $35,931, which currently lacks the energy for a larger move, but when the price overcomes it, it will have an open path towards the strong resistance zone from $42,223 to $48,495.
Please pay attention to the CHOP index, which indicates that the energy at this moment is mostly used, the RSI and STOCH indicators clearly exceed the upper limit of the range, which may negatively affect the BTC valuation and translate into a recovery after such a dynamic increase. In such a situation, we could see a rebound towards $31,000.
BTC on its way to $40,000 or $31,000?Hello everyone, let's take a 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.
After unfolding the trend based fib extension grid, we can see that the important support is the zone from $31,060 to $29,888, to which we can probably see a price reversal in the event of a correction, and then we have support at $28,406.
Looking the other way, we can see that the price is fighting a very strong resistance zone from $33,267 to $35,698, only when it comes out on top and tests positively will we be able to see a path towards $40,000.
Please look at the STOCH indicator, which shows that the energy is moving above the upper limit, which may also result in a price recovery.
BTC/USDT 4HInterval Review ChartHello everyone, let's take a 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.
After laying out the FIb Retracement grids, we can see that first we have a support zone from $29,097 to $28,289, and then there is a second strong zone from $26,993 to $26,065.
Looking the other way, we will similarly check the current resistance levels, but here we can clearly see a strong resistance zone from $30,358 to $31,845, only after it is overcome the price will be able to go up further.
When we look at the STOCH indicator, we can see that we are in the process of recovery and there is room for the price to go slightly lower.
DOT/USDT 1DInterval ReviewI invite you to review the chart of DOT in pair with USDT, on a one-day time frame. First, we will use the blue lines to mark the downward trend channel where the price remains.
Going further, we can move on to marking support areas when we start a larger correction. For this purpose, we will spread the trend based fib extension grid, and we can see a strong support zone from $3.91 to $3.48, as you can see, the price has returned to the levels from which it started in the previous bull market. However, if we fall lower, we may see a drop to the support level of $2.86.
Looking the other way, we see that the first significant resistance is the resistance zone from $4.53 to $4.80, then there is resistance at $5.13, and another strong resistance at $6.
Please look at the CHOP index, which indicates that the energy is running out, the RSI indicator shows that we are still moving near the lower limit, which gives room for increases, and the STOCH indicator is also above the lower limit, which may be an impulse for an upward movement.
BNB/USDT 4HInterval Review ChartHello everyone, I invite you to review the chart of BNB in pair with USDT, on a four-hour interval. First of all, we can use the blue lines to mark the upward trend channel in which the price is currently trying to go above it for the second time.
Now let's move on to marking the support places. We will use the Fib Retracement tool to mark supports, and here we can see a strong support zone from $208.5 to $205.7, but when we fall lower, the next support is at $202.
Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here the price was rejected by the resistance zone from $214.6 to $218.5, and then we have a second strong zone from $222 to $228.
The CHOP Index indicates that most of the energy has been used. The RSI indicator shows that we approached the upper limit, which resulted in a price recovery, similarly the STOCH indicator began to reverse after approaching the upper limit and it is clear that there is room for the price to go lower.
ETH/USDT Short-Term 15MIntervalHello everyone, let's take a look at the ETH to USDT chart on a 15 minute time frame. As you can see, the price is moving above the local uptrend line.
After unfolding the Fib Retracement grid, we can see that we have a strong support zone from $1,596 to $1,586, and further we can mark a second zone from $1,560 to $1,541.
Looking the other way, the price was again fighting against a strong resistance zone from $1,618 to $1,639, which is currently preventing the price from moving further.
Looking at the CHOP index, it seems that the current recovery is gaining energy, the RSI indicator shows a recovery, but adding the STOCH indicator to it, it is clear that there is still room for the price to go lower.
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 4HInterval Review Chart DayHello everyone, I invite you to review the chart of ETH in pair with USDT, also on a four-hour interval. First of all, we can use the blue lines to mark the downward trend channel from which the price goes up again, but at this point it is worth defining the main sideways trend channel, where we can see that the price has bounced off the lower border for the second time, which resulted in increases.
As we can see, the attempt to break the blue ema cross 200 line was unsuccessful and we remained in a downward trend.
Now, using the Trend Based Fib Extension tool, we will check what the current supports look like if the price had a greater recovery, and here we can see that after a dynamic increase we returned to the support zone from $1,585 to $1,551, we still have support just below the lower border of the channel at $1,524, and then it is worth marking the second zone from $1,497 to $1,459.
Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here again we have an active resistance zone, the price of which failed to hold from $1,604 to $1,631, then there is a second zone from $1,657 to $1,694, and then strong resistance at the upper border of the sideways trend channel at $1,741.
The CHOP index indicates that most of the energy has been used up, the RSI indicator is moving in the upper part of the range and there is still some room for an upward movement, while the STOCH indicator shows the moment of exceeding the upper limit, which exhausted the energy and resulted in a strong rebound.
BTC/USDT Review Chart 4HIntervalHello everyone, I invite you to review the current situation on BTC in the USDT pair, taking into account the four-hour interval. First, we will use the yellow line to mark the downward trend lines from which the price has broken upwards, and currently we can use the blue lines to mark the upward trend channel in which the price is currently moving.
Now we can move on to marking support places in case the traffic jam starts to deepen. And here you can see that after a dynamic upward movement, the price returned to the support zone from $28,056 to $27,457, but if we break below this zone, there is a second zone from $26,858 to $25,997, and then we have support at $24,921.
At this point, it is worth looking at the EMA Cross 200 and here we can see that the price has broken the 200 moving average and we have returned to the strong upward trend, it is important to maintain it now.
Looking the other way, we can determine resistance locations in a similar way using the Fib Retracement tool. First of all, you can see that the first resistance is again the place of $28,364, then we have a resistance zone from $29,178 to $30,346, which has rejected the price for now, but if it manages to break out of it, the price will move towards the strong resistance at $31,807.
Please pay attention to the CHOP index, which indicates that energy is very much consumed, the RSI indicator shows that we are moving just above the upper limit of the range, but the minimal rebound gave room for a very dynamic increase, while the STOCH indicator exceeded the upper limit, which slowed down further increases. and we have a reaction.
DG Daily Levels Match Up Almost Perfectly with Fibonacci LevelsDG
Replay of DG's Price Movement & Volume -13 October 2023
Dollar General (DG) gapped up and was up 9.16% on the day. DG's volume was nearly 3 x's the amount it was over the last 2.5 weeks.
Daily Levels & Fibonacci Levels
*The .38 retracement level on the daily is in confluence with the 116 daily level on the chart. The .50 fibonacci retracement level aligns with the 120 daily level. Also, the .618 (the reversal fib retracement level), is in confluence with the 124.85 daily level. I like when I see levels line up nearly perfectly with fib retracement levels 😃
BTC/USDT 4HReview ChartHello everyone, I invite you to Thursday's review of the current situation on BTC in pair with USDT, taking into account the four-hour interval. First, we will use the yellow line to mark the upward trend lines from which the price has currently broken down.
When we turn on the EMA Cross 200, we can see that the price has returned below the moving average, which also indicates a return to the downtrend.
Now we can move on to marking support areas in case the correction deepens. And here, first of all, it is worth marking the support at the level of $26,750, at which the price currently holds, but when it drops lower, it will move towards the strong support zone from $26,313 to $25,691.
Looking the other way, we can determine resistance locations in a similar way using the Fib Retracement tool. First, we will mark the resistance zone from $27,322 to $27,552, when it is overcome, the price must overcome the second resistance zone from $27,798 to $28,140, only then will we be able to see new increases.
Please pay attention to the CHOP index, which indicates that most of the energy has been used, on the STOCH indicator we have exceeded the lower limit, which also resulted in the price decline slowing down, also on the RSI index we are moving at the lower limit of the range, which may result in a price rebound in the coming hours.
BTC 4H Chart Review!Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price came out of the local upward trend line.
When we unfold the Fib Retracement grid, we can mark the support zone in which the current price ranges from $26,984 to $26,547, but if we fall below this zone, we may see a drop to the support level of $25,976.
Looking the other way, we will start by marking the first resistance zone from $27,185 to $27,459, and then we have a second strong zone from $27,896 to $28,215.
Looking at the CHOP indicator, we see that there is still some energy left for the move, while on the STOCH indicator and the RSI indicator, we are moving at the lower limit, which has slowed down the current correction and may indicate that we are approaching its end.
ETH/USDT 1DInterval ReviewHello everyone, I invite you to review the ETH pair to USDT chart, also on a one-day time frame. First, we can use the blue lines to mark the upward trend channel in which the price is currently moving in the lower range.
We also see that the ETH price made a negative attempt to break out of the blue EMA Cross 200 line, remaining in a downward trend.
Now let's move on to marking the support places. We will use the Trend Based Fib Retracement tool to mark supports, and as you can see, the price remains at the lower limit of the current support zone from $1,664 to $1,551, but if we fall below this zone, the price may exit the channel below and return to the vicinity of the strong support zone from $1,389 to $1,184.
Looking to the second one, we see that the price has rebounded from the resistance level at $1,734 for the second time, only when it is overcome will we move towards the next resistance levels at $1,891 and then $2,017, then the price will move towards the very strong resistance zone of $2,143 to $2,321.
Index CHOP indicates that energy has been used. The MACD indicator is on the verge of entering a local downtrend. However, we see a rebound on the RSI, but we remain in an upward trend.
BTC/USDT 1D Review CHartHello everyone, I invite you to Tuesday's review of the current situation on BTC in the USDT pair, taking into account the one-day time frame. First, we will use blue lines to mark the upward trend channel from which, as you can see, the price has come out at the bottom. Therefore, at this point, you need to determine a new side trend channel in which the price is currently moving.
When we turn on the EMA Cross 200, we can see that the BTC price has gone above the blue moving average line of 200, and we are currently struggling to stay in the uptrend.
Now we can move on to marking support areas in case the correction deepens. And here, first of all, it is worth marking the support zone from $25,617 to $23,654, from which the price has already bounced several times, but when we fall below this zone, we may see a drop to the vicinity of the second, very strong support zone from $21,748 to $18,976.
Looking the other way, we can determine resistance locations in a similar way using the Fib Retracement tool. And here you can see that the price is again approaching the resistance at the level of $28,043, only when we go up above it, we will see an attempt to attack the very strong resistance at the level of $31,912, which is also the upper limit of the currently ongoing sideways trend channel, then a path will open up direction $35,724.
Please pay attention to the CHOP index, which indicates that the energy is slowly starting to grow, on the STOCH indicator we are near the upper limit, which may result in a greater recovery, but on the RSI indicator we are back near the middle of the range and considering that we have not touched the upper limit, we can see a new attempt at growth after the current recovery.