BTC/USDT 1H Interval ReviewHello everyone, let's look at the BTC to USDT chart on a single day 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 $25757, if the support is broken then the next support is $25693, and then there is the support zone from $25631 to $25540.
Now let's move to the resistance line, as you can see the first resistance is $25833, if you manage to break it, the next resistance will be $25898, $25951 and then the resistance zone from $26005 to $26081.
Looking at the CHOP indicator, we see that there is a lot of energy for the move, on the RSI we have another rebound with room for the price to go lower, and on the STOCH indicator you can see the use of energy for the current price decrease.
Dailyanalysis
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.
BTC/USDT Short-Term 1H IntervalHello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price is moving below the local downtrend line.
Let's start with setting the support line and as you can see the price stays in the support zone from $26063 to $25999, while we still have support at $25815.
Now let's move on to price resistance and here too we can mark the resistance zone from $26080 to $26133, then resistance at $26202 and then strong resistance at $26396.
Looking at the CHOP indicator we see that there is still energy for the move, on the RSI we have a rebound and room for further growth, while on the stoch indicator we also see that there is room for the price to go higher in this move.
EURUSD Full Chart AnalysisWeekly: From November 2022 to the present, the weekly chart of the euro against the U.S. dollar presents an "Uptrend Channel" , and the past five weeks have happened to be in a downward trend. The current price is looking for strong support. It is estimated that the integer around 1.08 is the key support from the graphical observation. Thinking from the weekly chart: we should have long positions near the support of 1.0800, and expect the price to rise to around 1.1300.
Daily: Also like the weekly chart, from November 2022 to the present, the EUR/USD has clearly shown an "Uptrend Channel". At present, the price has fallen to the relatively lower position of the "Uptrend Channel", and the same as the weekly chart, it should be have long positions around the integer of 1.0800.
H4: Observation from the chart: The three moving averages present a "short arrangement", and it is recommended to short on rallies. However, since the weekly and daily charts have fallen to relatively low levels, the price is likely to rise in the medium and long term. Therefore, according to the operation on the H4 chart: if the price falls to around 1.0800, investors who currently hold short-position should first Close the position and exit with profit.
H1: Because the current price presents a "Descending Wedge", it is recommended to establish a short position at a high position in the short-term. Short positions should be stop loss when the price rises above the upper edge of the "Descending Wedge". In the medium or long term (or refer to the operation of the daily chart), we can try to do have long-position around the 1.0800 integer.
Trading straregy:
Short-Term (H1 or H4)
Sell Limit: 1.0870 -1.0890
SL: 1.0930
TP 1: 1.0840
TP 2: 1.0800
Long-Term (Daily or Weekly)
Buy Limit: 1.0780 - 1.0800
SL: 1.0740 -1.0760
TP 1: 1.0880
TP 2: 1.0940
TP 3: 1.1000
TP 4: 1.1060
Full Vision 4K Pic
BTC/USDT 1H Interval Short-TermHello everyone, let's look at the BTC to USDT chart on a 1-hour timeframe. As you can see, the price has moved downwards from the local triangle.
Let's start with the support line and as you can see the first support in the near future is the zone from $25782 to $25618, then there is the second zone from $25462 to $25226, and then support at $24933.
Now let's move on to the resistance line, as you can see the first resistance is $26102, if you break it the next resistance will be $26400, then there is the resistance zone from $26632 to $26867 and then the resistance at $27205.
Looking at the CHOP indicator, we see that there is still some energy left for the move, the RSI is moving at the lower limit which may give the price a rebound in the coming hours, and the STOCH indicator turns around the middle of the range, which has stopped the price rebound.
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.
ETH/USDT 1D Review Chart 18.08I invite you to review the chart of ETH in pair to USDT, also on a one-day interval. First of all, using the yellow line, we can mark the uptrend line, from which the price went down.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and as you can see, first we have the support zone from $ 1610 to $ 1479, which at the moment held the price, the second very strong support at the price of $ 1298, and then we can see a drop to around the support level $1061.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here as the first resistance we will mark the zone from $1743 to $1819, then we have the second zone from $1899 to $2009, and then a very strong resistance at $2146.
The CHOP index indicates that the energy has been used. On the RSI we crossed the lower limit which also indicates the use of energy, while the STOCH indicator rebounded and the energy was used to rebound the price after the decline.
BTC drops, what next?Hello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the one-day interval. First, we will mark the main uptrend line with the yellow line, then we will mark the uptrend line with the blue line from which the price went down.
Now we can move on to marking the places of support in the event of a correction. And here we will start by checking the support using the trend based fib extension tool, we will mark a strong support zone from $25537 to $23992, if this zone does not hold the price we can see a rapid drop to around $21621. It is also worth spreading the Fibonacci grid in order to check the entire movement and here we can see that the price drop touched the so-called golden fibonacci point from which it quickly rebounded. We can further increase the level of the next support from $22,232 to $21,621.
Looking the other way, we will determine the places of resistance in a similar way. Here you can immediately see that the price rebound stopped at the $26974 resistance, and then we have a very strong resistance zone from $28663 to $31430, only when the price breaks it will it be able to move towards the $35849 resistance.
Despite the strong drop in price when we turn on the EMA Cross 50 and 200, we can see that the yellow line of the ema cross 50 stays above the blue line of the ema cross 200, which indicates an uptrend, it is worth watching these lines at this point because when the yellow crosses the blue line from above, it means that it is a return to a very strong downward trend.
Please pay attention to the CHOP index which indicates that the energy in the current movement has been used, on the RSI indicator we have also crossed the lower limit of the range which also indicates no energy depletion, and the STOCH trak indicator itself has exceeded the lower limit which confirms the depletion of energy and the possibility of ending the current correction prices.
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.
ETH/USDT 1H Interval Review ChartHello everyone, I invite you to review the chart of ETH in pair to USDT, also on an hourly interval. First of all, using the blue lines, we can mark the downtrend channel in which the price is currently moving.
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 the price stays just below the first support at $1828.61, then we can mark a very strong support zone from $1780 to $1712, then we have support at $1625.69.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here in the first order we have a resistance zone from $1889 to $1916, then there is a second zone from $1944 to $1983 and then we have strong resistance at $2032.
The CHOP index indicates that there is a lot of energy for the upcoming move. On the RSI, we are moving in the lower part of the range, and the increase in the indicator gives a very small price increase, while the STOCH indicator indicates that there is still energy, so the price may fall lower.
BTC/USDT 1H Interval Review ChartHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the interval of one hour. First, we will use the blue lines to mark the local downtrend channel.
When we turn on the EMA Cross 50 and 200, we see that the yellow line of the ema cross 50 has crossed the blue lines of the ema cross 200 from above, which indicates the place of return to the strong downtrend where we are.
In order to mark the support we will use the trend based fib extension tool and here we see that the price stays just below the support line at $29167, then we have support at $28865, when the support is broken we can see the price drop to the support area of $28022.
Looking the other way, we can determine the places of resistance in a similar way. First, we will mark the resistance zone from $29427 to $29660, when we manage to break it, we have the second zone from $298848 to $30032, and then we can mark the third strong resistance zone from $30296 to $30635.
Please pay attention to the CHOP index which indicates that we have a lot of energy to move, on the RSI we are in constant rebound with a place for the price to go lower, while the STOCH indicator indicates that the increase in energy gives very small upward moves, which may affect the price correction.
ETH 4H Review ChartHello 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 lines to mark the local triangle in which the price is moving.
Now let's move on to marking the places of support. We will use the trenf based fib extension tool to mark the supports, and as you can see, we first have a support zone from $1847 to $1838, then we have a second zone from $1828 to $1815, and then a strong support at $1798.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here you can see that the price has no strength to go through the resistance zone from $1851 to $1863, then we have resistance at $1872, another at $1881 and a very strong resistance at $1894.
The CHOP index indicates that there is still energy for movement. On the RSI, we stay around the middle of the range, while the STOCH indicator has the energy for the price to make a downward move.
BTC/USDT 1H Interval ReviewHello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price stays on the local uptrend line.
After unfolding the trend based fib extension grid, we see that the first support is at $29395, the second at $29338, the third at $29290, the fourth at $29244, and then there is the support zone from $29177 to $29092.
Looking the other way, the first resistance is at $29,471, the second at $29,533, the third at $29,582, the fourth at $29,631.
Looking at the CHOP indicator, we see that the energy has been used, the RSI is moving in the upper part, which can result in a price drop, and looking at the STOCH indicator, we have a lot of energy, which can affect the price correction.
ETH/USDT 1HInterval ReviewHello everyone, let's look at the ETH to USDT chart on a one hour timeframe. As you can see, the price has broken below the local uptrend line.
After unfolding the trend based fib extension grid, we see that the price stays in the support zone from $ 1847 to $ 1845, then we can see a drop to the support at $ 1841.46.
Now let's move on to resistance and we see that the first resistance is at $1848.83, then we have a resistance zone from $1850 to $1852, then resistance at $1853.44, then resistance at $1855.46.
Looking at the CHOP indicator, we can see that there is a lot of energy to move, the RSI is moving in the middle of the range with room for further price decline, while the energy on the STOCH indicator is used and there is some left which may give a bigger price correction.
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.
BTC/USDT 1HInterval reviewHello everyone, let's look at the BTC to USDT chart taking into account the timeframe of 1 hour. First, we will mark the local downtrend line under which the price is moving.
We will use the fib retracement tool to plot support and we see a support zone from $28996 to $28956, then there is a second zone from $28914 to $28854 and then strong support at $28779.
Now let's go from the resistance line, as you can see the first resistance is the zone from $29031 to $29108, if you manage to break it further we have the second zone from $29187 to $29296 and then strong resistance at $29438.
Looking at the CHOP indicator, we see that there is still energy for the current move, the RSI is at the lower limit, which in combination with the STOCH indicator on which we crossed the lower limit can give a local price increase..
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BTC Chart Review 4HIntervalHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the interval of four hours. First of all, we will use the yellow line to mark the uptrend line above which the price stays, while locally we can mark the downtrend channel in which the price stays at the upper edge.
When we turn on EMA Cross 50 and 200, we can see that they indicate a return to the downtrend and it is worth paying attention to whether the situation of a quick break down the longs and a return to the growth zone will not repeat.
Now, in order to determine the support places, we will use the trtend based fib extension tool, thanks to which we will mark the support zone from $ 29,506 to $ 28,765, but if the price goes lower, we have support at $ 28,008, and then strong support at $ 26,952.
Looking the other way, we can determine the places of resistance in a similar way. First, we will mark the resistance zone from $30,509 to $31,541, when we manage to break it, we can mark further resistance areas and here we have resistance at $32,367, then at $33,216, and another very strong resistance at $34,419.
Please pay attention to the CHOP index which indicates that there is still enough energy to make a move, the RSI is near the middle of the range, but we still haven't seen the lower limit touched, which may affect the price correction, moreover, we are approaching the upper limit on the STOCH indicator, which also can give you a price adjustment.
BNB/USDT 1H Chart Review Hello everyone, let's look at the BNB to USDT chart on a one hour timeframe. As you can see, the price is moving above the local uptrend line.
After unfolding the trend based fib extension grid, we see that there is a support zone from $242.8 to $242 first, then support at $241.39, and then the second zone from $240.73 to $239.81.
Looking the other way, we see a resistance zone from $243.92 to $244.58, resistance at $245.12, and then a second strong zone from $245.69 to $246.46.
The CHOP index indicates that there is still energy for a move, the RSI is approaching the upper limit again, which may reverse the direction of the price, while the STOCH indicator has crossed the upper limit, which may result in a stronger downward move.
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.
ADA 1D ReviewHello everyone, I invite you to review the ADA chart in a one-day interval. As we can see, the price has broken the downtrend lines, but you can see that the price is moving just above it, which could bring the ADA back into the downtrend.
Let's start by marking the price support spots and we see that first we have a $0.28 to $0.25 support zone, however if the price goes down we have another support at $0.22 and then a $0 support at $18.
Looking the other way, we can similarly identify the resistance points that the price has to face. And here we see that the current price quickly moved back to the resistance zone from $0.33 to $0.36. We still have $0.38 resistance, only when price breaks out will have to break through the very strong $0.40 to $0.42 zone.
As you can see, the attempt to exit the EMA Cross 200 up failed and the price quickly returned to the downward trend.
The CHOP index indicates that we have a small upward movement and a lot of energy is gathering, the RSI indicates a sideways trend and movement around the middle of the range, be careful because the energy collected can be used for dynamic movement. The STOCH indicator indicates that we can expect small increases, however, downward movements give a much larger price movement.
BTC 1H Review Short-Term!Hello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the interval of one hour. First of all, we will use the blue lines to mark the uptrend channel, from which the price exited at the bottom and entered the downtrend channel formations. What's more, very often the exit from the channel is close to the size of the channel, in this situation we can see the price drop to around $28236.
In order to determine the support places for the BTC price, we will use the Trend Based Fib Extension tool, and here we see that the first support is at the price of $ 28973, then we can define the support zone of $ 28,528 to $ 28,171, but when the price breaks out of this zone, further we have very strong support at $27815 followed by $27305.
Looking the other way, we can determine the places of resistance in a similar way. First, we will mark the resistance zone from $29734 to $30009, when we break it we have resistance at $30277, then resistance at $30690, then very strong resistance at $31175.
The CHOP index indicates that the collected energy is used for a local price increase, the RSI indicates a significant increase with room for the price to go higher, but on the STOCH indicator we can see that we have exceeded the upper limit, which may affect the slowdown of the price increase and even return to correction.