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ETH/USDT 1HInteral ReviewHello everyone, let's take a look at the ETH to USDT one hour chart. As you can see, the price is staying below the local uptrend line. When we unfold the trend based fib extension tool, we see that the price stays at the support zone from $1632 to $1623, then we have support at $1616, third support at $1608, and then support at $1598. Looking the other way, we see that the price needs to break the resistance zone by $1639 to $1645, then there is resistance at $1650, next at $1656 and then resistance at $1664. Looking at the CHOP indicator, we see that the energy is used to move the price down, on the RSI we are moving around the middle with a slight rebound, while the STOCH indicator indicates that we may see a rebound in the coming hours.
by cryptodailyuk
1
BTC/USDT 1H Interval ReviewHello everyone, let's take a look at the BTC to USDT chart on a one hour timeframe. As you can see, the price is moving below the local downtrend line. When we unfold the trend based fib extension grid, we see that the first support is at $25,393, then the second support is at $24,987, and then the third support is at $24,645. Looking the other way, we see price holding a resistance zone from $25,851 to $26,193, then resistance at $26,476, another resistance at $26,747, and then a strong resistance zone from $27,140 to $27,643. Looking at the CHOP indicator, we see that the energy is rising all the time, the RSI shows a confirmation of the sideways trend, while the STOCH indicator shows that there is a lot of energy that can be used to pull the price down.
COINBASE:BTCUSD
by cryptodailyuk
2
ETH/USDT 4HInterval Review ChartHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. First of all, with the help of blue lines, we can mark the downtrend channel, and locally, with the yellow line, the uptrend on which the price is currently based. At this point, it is worth mentioning that the upper limit of the downward channel is also the EMA cross 200 line, the attempt to exit upwards is rejected, and thus we remain in a downward trend. Now let's move on to marking the places of support. We will use the Trend based fib extension tool to mark the support, and as you can see, the price is in front of the strong support zone from $ 1633 to $ 1563, however, when we fall below this zone, we can see a drop around the $ 1506 support, and further to the support at 1449 $. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. There is a resistance zone from $1705 to $1753, which has so far pushed the price down, only when we break it we have a second zone from $1800 to $1868, and then we will move in the direction of resistance at $1956. The CHOP index indicates that the energy has been used. We have a strong rebound on the RSI, however, with a place we would go a little lower, while the STOCH indicator indicates crossing the lower limit, which may give a moment of rebound and a temporary sideways trend.
by cryptodailyuk
2
BTC analysis on a four-hour intervalHello everyone, I invite you to update the current situation on the BTC pair to USDT, taking into account the interval of four hours. First, we will use the blue lines to mark the downtrend channel from which the price dynamically went down, then with the yellow line we will mark the downtrend line under which we are moving. At this point, it is worth turning on the EMA Cross 200, because we can see an attempt to break the blue line of the trailing 200, which ended in failure, and when the re-attempt to return to the uptrend was rejected, we could see a rapid drop in the price. Next, we will move on to marking support, for this we will use the trend based fib extension tool and after unfolding the grid, we can see a strong support zone from $ 26,169 to $ 25,574, where the price is currently holding. However, when we fall from this zone, we can see a drop to the second support zone from $24944 to $24068. Looking the other way, we can determine the places of resistance in a similar way. However, here you can immediately see that the first two resistances have been overcome with a dynamic movement only the price has been rejected in the strong resistance zone from $ 27259 to $ 28170, only when we exit this zone upwards and then positively test it we will be able to see an increase towards the resistance at 28844 $, then an upward move to strong resistance at $30,799. Please pay attention to the CHOP index where we can see that the collected energy was quickly used to re-dump the price, on the RSI indicator we have a strong rebound but at this point you should mark the area where there is still room for the price to go a little lower, while the STOCH indicator exceeded the lower limit which indicates a temporary sell-out, which can give a moment of rest and sideways movement.
by cryptodailyuk
3
Daily Review BTC/USDT 4HIntervalHello everyone, let's take a look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price turned around just before the downtrend line. After unfolding the Fib retracement grid, we see that the first support is at $27,010, then the second support is at $26,671, then there is a support zone from $26,311 to $25,817, and then a strong support at $25,180. Looking the other way, we can similarly mark resistance areas and in this situation the first resistance is at $27720, then the second resistance at $28306 where the price reversed, then we have a very strong resistance zone from $29159 to $30239. Looking at the CHOP indicator, we see that the energy is slightly regained, the RSI deepens its decline with room for further price correction, while the STOCH indicator shows that there is room for the price to go lower in this rebound.
by cryptodailyuk
6
BNB Chart Review 4H IntervalI invite you to review the BNB chart on a four-hour interval. As we can see, the price has broken the downtrend line and is now struggling to stay above it, while currently we will use the blue lines to mark the uptrend channel in which the price is approaching the lower limit. After unfolding the Fib Retracement grid, we can mark the support zone from $219 to $215, when this zone is broken, there is support at $210, and then we have support at $203. 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 now back below the resistance at $225, then we have resistance at the golden fibon point at $230, from which the price rebounded, only when it breaks up we will move towards the resistance at $238. The CHOP index indicates that the energy has been consumed in the last increase and during the current recovery there is an accumulation, on the RSI we have a visible recovery after overheating but there is still room for the price to go lower, the same is indicated by the STOCH indicator which shows the place for us to fall to the support zone.
by cryptodailyuk
ETH/USDT 4H Interwal Review ChartHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. We will start by marking the place where the price rebounded above the EMA Cross 200 blue line, remaining in the ongoing downtrend. Further, using the yellow line, we can determine the downtrend line under which the price is currently located and from which it rebounded during yesterday's upward move. Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the support, and here we will first mark the strong support zone from $1700 to $1648, then we can mark the second zone from $1625 to $1592, when the price goes lower we can see a drop around the $1549 support . Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we can see that the price failed to break the resistance zone from $1714 to $1752, it turned around at the upper border of the zone, only when it breaks it will move towards the resistance at $1807. The CHOP index indicates that the energy has been used, the RSI has entered a downtrend, what's more, you can see that there is a lot of room for further decline, while the STOCH index also confirms that there is energy for the price to fall to a lower level.
by cryptodailyuk
BTC 4H Review Chart (price adjustment)Hello everyone, I invite you to check the current situation on the BTC pair to USDT, taking into account the four-hour interval. First of all, we will use the yellow line to mark the downtrend, which the price could not overcome, while at this point you can mark the triangle in which we are currently moving. Moreover, locally, it is worth marking the sideways trend channel from which the price went up by the height of the indicated channel. When we turn on the EMA Cross 200, we see that the price broke the blue line and wanted to return to the uptrend, but the attempt failed and we saw a quick reversal of the price. Now we can move on to marking support areas in case of deepening correction. And here in the first place it is worth marking the support zone from $26968 to $26599, however, when we fall below this zone, we can see a drop around the second zone from $26299 to $25684, and then we have a strong support at $25012. Looking the other way, in a similar way using the Fib Retracement tool, we can determine the places of resistance. First, we will mark the resistance zone from $27,640 to $28,253, where we lack the energy to go up, only when this happens, the price will move towards the second very strong resistance zone from $29,129 to $30,238. Please pay attention to the CHOP index which indicates that the energy has been used and there is currently an accumulation visible, on the RSI we crossed the upper limit which indicated overheating and a trend reversal where there is still room for the price to go lower, also the STOCH indicator confirms that there is room for us to they went a little lower in this reaction.
by cryptodailyuk
2
BTC 1D Review Chart Hello everyone, I invite you to review the current situation on BTC in pair to USDT, taking into account the interval of one day. First, we will use the blue lines to mark the downtrend channel, which the price has left with a strong downward move, while we are currently seeing a sideways exit from the downtrend line. Now we can move on to marking support areas in case the correction starts to deepen. For this we will lay out the Fib Retracement grid and here we can immediately see that the price stays in a strong support zone that lasts from $26311 to $24793, when the zone is broken down by the price we can see a strong downward move to the support area of 20411 $. Looking the other way, we can also check resistance points for the price when it starts to rise. As we can see the first resistance is at $27625, then we have the second resistance at $28477, then there is a strong resistance zone from $29244 to $30422, only when the price goes up and then positively tests this zone will move towards a very strong resistance at at $31,858. When we turn on the EMA Cross 200, we see that the price has fallen below the moving average of 200, indicating a return to the downtrend. When we look at the CHOP, RSI and STOCH indicators, we can see that energy is used everywhere and as the price movement on the chart confirms, we can see on the indicators that we are in a period of consolidation, which may give an upward movement in the coming days.
by cryptodailyuk
2
ETH/USDT 1HInterval Review ChartHello everyone, let's take a look at the ETH to USDT one hour chart. As you can see, the price is staying below the local downtrend line. After unfolding the Fib Retracement grid, we see that the nearest support is at $1641, then the second support at $1626, the third support at $1605, and then the fourth strong support at $1580. Looking the other way, we see that the price failed above the first resistance zone from $1652 to $1661, when it does it has a second resistance zone from $1671 to $1685, followed by strong resistance at $1702. Looking at the CHOP indicator, we see that the energy in this move has been used up, on the RSI we have an increase to the middle of the range and room for the price to go higher, however, the STOCH indicator shows that most of the energy has been used in this move, hence a small rebound before a possible further increase.
by cryptodailyuk
1
BTC/USDT 1H Interval Review Short-TermHello everyone, let's take a look at the BTC to USDT chart on a one-hour time frame. As you can see, the price has moved sideways from the local downtrend line. After unfolding the Fib Retracement grid, we see that the price holds before the support zone from $26085 to $25913, then there is support at $25668 and then at $25350. Looking the other way, first resistance is at $26,174, then second resistance at $26,295, then we have a strong resistance zone from $26,422 to $26,594, then strong resistance at $26,809. Looking at the CHOP indicator we see that there is a lot of energy for the upcoming move, on the RSI we are back around the middle of the range, however looking at the STOCH indicator we see that there is still energy for the price to go lower.
by cryptodailyuk
BNB/USDT 1H Interval ReviewHello everyone, let's take a look at the BNB to USDT chart on a one hour time frame. As you can see, the price has moved sideways from the local uptrend line. After unfolding the trend based fib extension grid, we see that the price is in the support zone from $216 to $213, then there is support at $211, third support at $209, and then support at $205. Looking the other way, we see that first there is a resistance zone from $217 to $220, then resistance at $222, then resistance at $224, then resistance at $228. Looking at the CHOP indicator, we see that there is a lot of energy for the upcoming move, we have a rebound on the RSI and although there is room for further decline, when we look at the STOCH indicator, we can see that the energy in the downward move has been used, which may give the price a rebound.
by cryptodailyuk
1
ETH/USDT 1HInterval Review ChartHello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price is trying to stay on the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $1646, in case of a support break the next support is $1633, $1613 and $1589. Looking the other way, we first have a resistance zone from $1664 to $1682, then there is resistance at $1696 and then resistance at $1710 Looking at the CHOP indicator, we see that there is a lot of energy gathered, the RSI is moving sideways, while the STOCH indicator moves up with room for the price to enter a higher level.
by cryptodailyuk
2
BTC/USDT 1H Interval ReviewHello everyone, let's take a look at the BTC to USDT chart on a one hour timeframe. As you can see, the price has returned below the local uptrend line. Let's start with the support line and as you can see the first support at which the price is located is $26089, then the second at $25912, the third at $25667, and then the fourth very strong support at $25354. Looking the other way, we see first resistance at $26,352, then resistance at $26,439, third at $26,531, and then resistance from $26,659 to $26,823. Looking at the CHOP indicator, we see that the energy has been used to decrease the price, on the RSI we have a rebound with a place for the price to go lower, while the STOCH indicator indicates that the energy in this move has been used, which may stop the price drop.
by cryptodailyuk
1
EURUSD - Short trade FX:EURUSD Based on swing trade idea, using Fibs on daily TF, I see an opportunity to short this pair using fibs level and price action, swing high and swing low on higher time frames. Also EMA 200-100-50-20 indicate a strong downtrend Current short move started from around 1.126 where EUR/USD finds the resistance level Last 3 highs and lows create an rising channel but overall the pair is bearish and if we move to Monthly TF can observe better the area were we are, testing the previous support that becomes resistance for current move.
Short
by Andrei_C
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.
by cryptodailyuk
ETH/USDT 1H IntervalHello everyone, I invite you to review the chart of ETH in pair to USDT, also on an hourly interval. As we can see, the price is moving along the local downtrend line. 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 first have a support range from $1628 to $1601, a second support at $1573, a third at $1533 and then we have a strong support at $1483. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here the price faces a strong resistance zone from $1685 to $1712, and when we break above this zone ETH has to break the resistance at $1747. When we turn on the EMA Cross 10 and 30, we can see that the red line of the ema cross 10 is approaching to intersect the green lines of the ema corss 30 from below, indicating a return to the local uptrend. The CHOP index indicates that there is more and more energy in the current movement. On the RSI indicator we have a visible increase with room for the price to go a little higher, while the STOCH indicator also indicates that we can see the price increase.
by cryptodailyuk
BTC/USDT 1H Interval Review ChartHello everyone, I invite you to review chart on the BTC to USDT pair, taking into account the time interval of one hour. First of all, we will use the yellow line to mark the local downtrend line, from which the price is trying to break out to the top. Now we can move on to marking the places of support in the event of a correction. And here we first see price holding at the $25908 support, however when we go below that support we can see a drop to around $25609 and then to the strong support of $25238. Looking the other way, in a similar way using the Fib Retracement tool, we can determine the places of resistance. First, we will mark the resistance zone from $25983 to $26179, when we manage to break it, we have resistance at $26372, then there is resistance at $26650, then strong resistance at $27004. Please pay attention to the CHOP index which indicates that the energy is gathering more and more strength, the RSI shows an increase to the middle of the range with a place for the price to go higher, while the STOCH index is in recovery which may indicate that it will fall a little lower.
COINBASE:BTCUSD
by cryptodailyuk
1
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.
by cryptodailyuk
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.
by cryptodailyuk
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.
by cryptodailyuk
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
Long
by HyperAlphaPro