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EURAUD I 100 pip swing coming soon I Watch and prepare 🎯Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
15
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price is moving in the downtrend channel. Let's start with the support line and as you can see the first support in the near future is $1754, if the support is broken then the next support is $1695, $1650 and then we have a support zone from $1601 to $1533. Now let's move to the resistance line, as you can see the first resistance is $1924, if you manage to break it the next resistance will be $2035 and $2127. Looking at the CHOP indicator, we see that there is a lot of energy on the short interval, the MACD is on the verge of returning to the downtrend, while the RSI is moving in the middle of the range, which makes it difficult to clearly determine the direction of the price.
by cryptodailyuk
GBPUSD I Correction upward and more downside Welcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
3
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 moved above the local uptrend line, and the EMA Cross 10 and 30 are on the verge of entering an uptrend. Let's start with the support line and as you can see the first support in the near future is $ 26723, if the support is broken then the next support is $ 26129 and $ 25661. Now let's move on to the resistance line, as you can see the first resistance is $ 27534, if you manage to break it, the next resistance will be $ 28002 and $ 29382. Looking at the CHOP indicator, we see that there is still some energy left for further movement, the MACD maintains the local uptrend, while the RSI is approaching the upper limit, which may slow down the growth and give a recovery.
by cryptodailyuk
BNB/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the BNB chart in pair to USDT, on a one-day timeframe. First, we will check the EMA Cross 10 and 30, where we can see confirmation of the transition to an uptrend. Now, using the blue lines, we will mark the downtrend channel where the price has been moving for a long time. Moving on, we can move on to marking support areas when we start a larger correction. And here, the first support is at $307, the second very strong support is at $301, the third support is at $297, and then the fourth support is at $292. Looking the other way, we see that the price has reached an important resistance zone from $ 314 to $ 318, which so far has no strength to break. However, if it manages to break out of this zone upwards, the next resistance will appear at the price of $322, and then we can see a strong increase to around $335. At this point, it is also worth marking the local downtrend line from which the price went up. Please look at the CHOP index, which indicates that we have a lot of energy for further movement, the MACD confirms the local uptrend, while the RSI shows a visible increase, it is worth being careful here, because price corrections often occur at the upper end of the range.
by cryptodailyuk
Daily BTC 4HChart - resistance and supportHello 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 blue lines to mark the downtrend channel, while locally, we can see that the price has broken the local downtrend line. Now we can move on to marking the places of support in the event of a correction. And here in the first place we have significant support at $ 26595, but if the support does not hold the price, then we have another support at $ 25998, then third support at $ 25526, and fourth support at $ 25045. Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. First, we see that the price is fighting a strong resistance at the level of $ 27512, which so far has no strength to break, the next resistance is at the price of $ 27984, when we manage to overcome it, we can see a strong increase in the price around $ 29320. Please pay attention to the CHOP index which indicates that the energy is gathering strength, the MACD indicator indicates that we are moving in a local uptrend, while the RSI shows an increase in the upper part of the range, so you should watch if we touch the upper limit, which could give a change again downward trend.
by cryptodailyuk
6
DOT/USDT 1D Interval ReviewHello everyone, let's look at the DOT to USDT chart on a one-day time frame. As you can see, the price is moving below the downtrend line. Let's start with the support line and as you can see the first support in the near future is $5, if the support is broken then the next support is $4.72, and then the third support at $4.50. Now let's move on to the resistance line, as you can see the first resistance is at $5.56, if it is broken then the next resistance will be at $5.83, the third at $6.05 and the fourth at $6.27. Looking at the CHOP indicator, we see that the energy is gathering strength, the MACD remains in a downward trend, while the RSI is moving at the lower limit, which affected the slowdown of the correction.
by cryptodailyuk
5
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on a single day time frame. As you can see, the price is moving below the uptrend line. Let's start with setting the support line and as you can see the first support which, as you can see, held the price is $ 1737, if the support is broken then the next support is $ 1658, and then $ 1436. Now let's move to the resistance line, as you can see the first resistance is $ 1918, if you manage to break it, the next resistance will be $ 2034 and $ 2123. Looking at the CHOP indicator, we see that there is still some energy left for a further move, the MACD remains in a downtrend, while the RSI shows an entry into the lower part of the range, but there is still room for the price to go lower.
by cryptodailyuk
Daily ETH 4HChart - resistance and supportHello everyone, I invite you to a review of the chart of ETH in pair to USDT, also on the single daily timeframe. First, with the blue lines, we can mark the uptrend channel in which the price is moving, while locally, with the yellow lines, we can mark the local downtrend channel. 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, we have the first support at $ 1755, which has managed to hold the price so far, the second support at $ 1663, and then the third support at $ 1534, which is on the verge of exiting the bottom of the channel uptrend. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we first have a resistance zone from $ 1837 to $ 1892, then there is a second resistance zone from $ 1943 to $ 1988, and then we have a third resistance zone from $ 2058 to $ 2140. The CHOP index indicates that there is still energy left for the continuation of the movement. The MACD indicator is in a downtrend. On the other hand, we see a rebound on the RSI, but there is still room for the price to go a little lower.
by cryptodailyuk
BNB/USDT 4HInterval Resistance and SupportHello everyone, let's look at the BNB to USDT chart on a 4-hour time frame. As you can see, the price is moving below the local uptrend line. Let's start with the support line and as you can see the first support that is currently holding the price is $ 303.4, if the support is broken then we can see the price drop to around $ 274. At this point, it is worth marking a strong resistance zone from $ 304 to $ 297, taking into account the entire upward movement. Now let's move to the resistance line, as you can see the first resistance is $ 313, if it breaks down, the next resistance will be $ 320.6, $ 326.4 and then we have a strong resistance zone from $ 332 to $ 341. Looking at the CHOP indicator, we see that there is still some energy for the move, the MACD maintains a downward trend, while the RSI has touched the lower limit, which may give a temporary price increase, but in the longer term I expect a further correction.
by cryptodailyuk
LTC/USDT 4HInterval in correctionI invite you to review the LTC chart in pair to USDT, so on the four-hour interval, we will mark the downtrend channel in which the price is moving with blue lines, but here we can observe that during today's review we are witnessing a strong market rebound. Moving on, we can move on to marking the support areas when the initiated correction begins to deepen. And here, the first support that is currently holding the price is at $77.61, the second support is at $74.9, the third support is at $72.71, and we still have support at $70.46. Looking the other way, we see that we need to go through a big strong resistance zone from $79 to $83 first, then we have resistance at $85.17 and then move towards $91.41. Please look at the CHOP index, which indicates that a lot of energy has been collected, MACD indicates that despite the correction, we maintain a local uptrend, while the RSI after today's increase is a strong rebound.
by cryptodailyuk
Daily BTC 4HChart - resistance and supportHello everyone, I invite you to checking the current situation on the BTC pair to USDT, taking into account the four-hour interval. First, we will use the yellow lines to mark the local triangle in which the price is currently 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 a very strong support zone from $ 28038 to $ 27560 in which the price is currently located, but when we fall below this zone, we can see a drop around $ 26882 and even $ 26022. Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. First, we will mark the resistance zone from $ 28659 to $ 29195, when it manages to break it, the price will have to break through the resistance at $ 29711, and then the third resistance at $ 30466 only when it breaks out above and then positively tests it, we will be able to see further increases. Please pay attention to the CHOP index, which on the four-hour interval indicates that there is still a lot of energy for the move, the MACD indicator indicates entering a local uptrend, while the RSI shows a visible rebound and room for the price to go higher.
by cryptodailyuk
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price is moving 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 $ 1839, if the support is broken then the next support is $ 1809, $ 1784 and $ 1759. Now let's go to the resistance line, as you can see the first resistance is $ 1883, if it breaks through, the next resistance will be $ 1917, $ 1942 and $ 1977. Looking at the CHOP indicator, we see that the collected energy is used for an upward move, the MACD indicates a transition to a local uptrend, and the RSI shows a visible increase, but there is a place for the price to go higher.
by cryptodailyuk
Daily ETH 4HChart - resistance and supportHello everyone, I invite you to review the chart of ETH in pair to USDT, on a four-hour interval. With the help of yellow lines we will mark the local triangle in which the price is moving in the lower limit. Now let's move on to marking the places of support. We will use the trend based fib extension tool to mark the supports, and as you can see, we have the first support at the price of $ 1841, the second strong support at 0.618Fib, at the price of $ 1800, the third at the price of $ 1739. 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 place, it is worth marking a strong resistance zone from $ 1891 to $ 1924, when the price breaks it, the next resistance is at $ 1952, then the third resistance at $ 1981, and the fourth resistance at $ 2020. When we turn on the EMA Cross 10 and 30, we can see that they indicate a strong transition into a local downtrend. The CHOP index indicates that the energy on the short time interval is highly charged. The MACD indicator remains in a local downtrend. On the other hand, on the RSI we see a rebound in the lower part of the range, this may indicate the approaching end of the rebound, but at this point we see that there is still some room for the price to go lower.
by cryptodailyuk
DOT/USDT 1DInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a one-day time frame. As you can see, the price is moving below the downtrend line. Let's start with the support line and as you can see the first support in the near future is $ 5.30, if the support is broken then the next support is $ 4.83 and $ 4.24. Now let's go to the resistance line, as you can see the first resistance is $ 5.78, if you manage to break it, the next resistance will be $ 6.04, $ 6.26 and $ 6.48. Looking at the CHOP indicator, we see that there is still a lot of energy to continue the move, the MACD remains in a downtrend, while the RSI is approaching the lower end of the range, which may indicate the imminent end of the correction in the coming days.
by cryptodailyuk
BNB/USDT 4HInterval Resistance and SupportHello everyone, let's look at the BNB to USDT chart on a 4-hour time frame. As you can see, the price is moving at the lower border of the local triangle. Let's start with setting the support line and as you can see the price stays right at the very strong support at $ 323.5, if the support is broken then the next support is $ 317.6 and $ 310.3. Now let's move on to the resistance line, as you can see the first resistance is $ 326.9, if you manage to break it, the next resistance will be $ 334.2, $ 340.3 and $ 346.3. Looking at the CHOP indicator, we see that there is still energy for movement, MACD indicates that we are on the verge of entering a local uptrend, while the RSI shows that a small price movement causes a large movement on the indicator, which in the short term may negatively affect the price.
by cryptodailyuk
9
Daily ETH 1DChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on a single day 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 $ 1839, if the support is broken then the next support is $ 1798 and $ 1737. Now let's move on to the resistance line, as you can see the first resistance is $ 1914, if you break it the next resistance will be $ 1949, $ 1976 and $ 2002. Looking at the CHOP indicator, we see that there is a lot of energy, the MACD indicates an uptrend, but we immediately have a strong rebound, while the RSI has all the growth retracted to the middle of the range, but there is a lot of room for the hen to be deepened.
by cryptodailyuk