ETH/USDT 1HInterval ChartHello everyone, I invite you to check the situation of ETH in pair with USDT, also on a one-hour interval. First, we can use the dark blue lines to mark the upward trend channel, from which we can see how the price came out from the bottom and created a local downward trend channel here.
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 is at the price of $2174, then there is a support zone from $2143 to $2101, which keeps the price from falling to the support level of $1981.
Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here we have the first very strong resistance at the price of $2,314, which is at the so-called golden point of 0.618 Fib, and then there is a very strong resistance zone from $2,371 to $2,446.
When we turn on EMA Cross 50 and 200, we can see that they indicate the continuation of the local downtrend. Looking at the RSI indicator, there is still room for a price increase, but the potential is limited by the STOCH indicator, which clearly shows overheating, which resulted in a slight recovery and there is still room for the price to go lower.
Dailyanalysis
BTC/USDT 1HInterval Chart ReviewHello everyone, I invite you to review the current situation on BTC in the USDT pair, taking into account the one-hour interval. We will start by defining the upward trend channel with the blue lines in which we are approaching the upper limit, and what is more, we can determine the local downward trend lines from which the price came out on top.
Now we can move on to marking support areas in case the price starts to reverse. And here we can see that the support at the level of $43,388 effectively maintains the price, then we have a second support at the level of $42,171, and when the price goes lower, the support zone from $41,299 to $40,199 protects us from very large declines.
Looking the other way, we can determine resistance locations in a similar way using the trend based fib extension tool. First, we will mark the significant resistance at the level of $44,887, with the golden fib point of 0.618, which the price is struggling to maintain. If the positive level is maintained, we may see an attempt to attack towards a very strong resistance zone from $45,557 to $46,411, which keeps the price from rising to around $48,000.
Please pay attention to the RSI indicator, because despite the dynamic growth there is still room for an upward movement, the STOCH indicator shows a clear break above the upper limit, which resulted in a slight rebound, but it is worth being careful because the price may go lower.
BTC/USDT 4HInterval 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 fighting against the local downtrend line.
However, when we unfold the fib retracement grid, we can see that the price is being rejected by a strong resistance zone from $44,770 to $45,957, which is keeping the price from moving towards $48,000.
Looking the other way, there is support at $43,150, second at $42,079, and then a strong support zone from $41,340 to $40,360.
On the RSI indicator, we are moving in the upper part of the range, while the STOCH indicator is in the upper part at the upper limit, which may translate into a price drop.
SOLUSDT|A very important resistance area and the fate of SolanaHi guys, this is my overview for SOLUSDT.Feel free to check it out and leave your comments in the comments section.
With the sharp and strong growth that Solana experienced, it has now reached an area that is of great importance in all major time frames, monthly, weekly and daily.
With the return from this area and even unsuccessful attempts to make a new high, we now see that both a lower high and a lower low have formed than the previous low.
This is a sign of weakness in the previous upward trend. In my opinion, this weakness in the trend can reduce the price of Solana to the price of 72.26 dollars and the next level is 41.83 dollars.
Nearby supports and resistances for ETHNearby supports and resistances for ETH. As you can see, the price remains below the local downtrend line.
After unfolding the Fib Retracement grid, you can see the current support at $2,207, but it is worth defining a strong support zone from $2,115 to $2,066.
Looking the other way, you can see the resistance that dropped the price at $2,293, and then there is a strong resistance zone from $2,355 to $2,434.
The RSI indicator is near the middle of the range below the downward trend line, while the STOCH indicator still has room to make a downward move.
BTC Short-Term Chart 1HSupports and resistances for BTC in pair with USDT taking into account the time frame of one hour. As you can see, the price returned above the local upward trend line.
After unfolding the Fib Retracement grid, it can be seen that the price is struggling to maintain the resistance at $43,872, and still needs to overcome the strong resistance zone from $44,762 to $45,875.
Looking the other way, you can see support at $42,927, then at $42,050, and then the support zone from $41,421 to $40,620.
Looking at the RSI indicator, we can see a dynamic increase with room for further movement, while the STOCH indicator is reflecting from the upper limit, which may result in a price recovery.
BTC/USDT 4HInterval Support and ResistanceHello everyone, let's take a look at the BTC to USDT chart on a four-hour time frame. As you can see, the price dynamically moved up from the local downward trend line.
After unfolding the Fib Retracement grid, it can be seen that the upward movement has brought the price closer to the important resistance at $46,313.
Looking the other way, we have visible support at $44,139, and then there is a strong support zone from $42,293 to $41,311.
It is worth looking at the RSI indicator, which turns around at the upper limit, similarly to the STOCH indicator, which exceeded the upper limit and, like RSI, indicates a price recovery.
Nearby supports and resistances for BTCNearby supports and resistances for BTC. As you can see, the price remains above the local upward trend line.
After unfolding the trend based fib extension grid, you can see the support zone from $42,370 to $42,228, and then we have support at the level of 41,821.
Looking the other way, we see resistance at $42,706, while further we have a strong resistance zone from $43,080 to $43,281.
We have exceeded the upper limit on the RSI, but looking at the STOCH indicator we can see a greater price recovery.
ETH/USDT 1HInterval Short-Term ChartNearby Supports and Resistances for ETH will support USDT. As you can see, the price remains below the local downtrend line.
After unfolding the Fib Retracement grid, you can see the support zone from $2,281 to $2,234, while there is support at $2,178.
Looking the other way, there is resistance at $2,326, and then there is a strong resistance zone from $2,406 to $2,445.
On the RSi indicator, we returned to the middle of the range, but looking at the STOCH indicator, we can expect a deeper correction.
BTC/USDT 4HInterval ChartHello everyone, I would like to present an overview of the current situation on BTC in the USDT pair, taking into account the four-hour interval. First, we will use yellow lines to mark the local triangle in which the price is approaching the exit and the direction of further movement.
Going further with the help of the trend based fib extension grid, we will check the resistance areas in the event of increases. And here again we can see resistance at the level of $43,092, while further we have a visible resistance zone from $44,646 to $45,467.
Looking the other way, we can mark support points in the same way when a correction begins. And here the support zone from $42,076 to $41,454 is visible. However, if this zone is broken and we see a bottom exit from the triangle, we may see a drop to the support level of $39,613.
Please pay attention to the RSi indicator, where we have returned to the middle of the range, while the STOCH indicator shows a dynamic movement, which may result in a slight price recovery. As you can see in the CHOP index, there is still energy to make a bigger move.
BTC/USDT 4H ChartSupports and resistances for BTC in pair to USDT on a four-hour time frame. As you can see, the price remains below the local downtrend line.
After unfolding the trend based fib extension grid, you can see support at $42,178, followed by a support zone from $41,005 to $40,410.
Looking the other way, there is resistance at $43,059, and then a resistance zone from $44,666 to $45,501.
It is worth looking at the RSI and STOCH indicators, because you can see that both have bounced off the downward trend line, which results in a new relaxation in the price.
ETH/USDT 4H ChartSupport and resistance for Ethereum, as you can see, the price remains on the local upward trend line.
After unfolding the trend based fib extension grid, we can see support at $2,260, and then we have a support zone from $2,174 to $2,128.
Looking the other way, we see resistance at $2,350, and then we have a strong resistance zone from $2,441 to $2,491.
The CHOP index indicates that there is a lot of energy for the upcoming move, while the STOCH indicator shows a rebound with room for further decline.
BTC/USDT Support and Resistance 30MIntervalThe closest supports and resistances for BTC to USDT, taking into account the 30-minute time frame.
after unfolding the trend based fib extension grid, we can mark support at $43,586, then we can see the support zone from $43,282 to $43,114, and then support at $42,651.
Looking the other way, you can see that the price is fighting against the resistance zone from $43,854 to $44,018, and then it may go towards the resistance at $44,449.
It is worth paying attention to the RSI indicator and the STOCH indicator, which are at the upper limit, which may result in a price recovery.
BTC/USDT 1HInterval Short-TermHello everyone, I invite you to review the BTC to USDT chart and here we will check the situation in the one-hour time frame. It is worth starting by identifying the uptrend line from which the price broke out sideways, moving in the local sideways trend channel.
Now let's move on to marking the support places. We will use trend-based Fib extension grids to mark the supports and here we can immediately see that the price remains in the support zone from $43,691 to $43,510, then support appears at $42,961 and then we can see a drop to around $42 083 USD.
Looking the other way, we can similarly mark places where the price should encounter resistance on its way up. As you can see, resistance was formed at the level of USD 43,801, then just at the upper border of the horizontal trend channel there is a resistance zone from USD 44,216 to USD 44,435, and after overcoming it we can observe an increase to approximately USD 45,064.
Turning on EMA Cross 10 and 30 we see that they indicate a return to the local downtrend, it is worth watching the indicator's behavior in the coming hours.
The CHOP index indicates that there is still energy to move, on the RSI we are moving around the middle of the range in a local downward trend, while the STOCH indicator remains at the lower limit, which may result in an attempt to increase the price.
ETH/USDT 4HInterval ChartHello everyone, I invite you to review the ETH pair to USDT chart, also on a four-hour time frame. First, we can use the blue lines to mark the downward trend channel in which the price moves at the upper limit.
Now let's move on to marking the support places. We will use the Fib Retracement tools to mark the supports, and as you can see, the first support is at $2,185, the second support is at $2,134, and then there is a support zone from $2,098 to $2,052.
Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here we have visible resistance at the level of $2272, at the upper border of the channel, then we can mark the zone from $2335 to $2367, and then resistance at the level of $2460.
On the RSI indicator we are moving around the middle of the range, but when we look at the STOCH indicator, we will see that once again approaching the upper limit resulted in a price recovery.
BTC/USDT 1HInterval Chart ReviewHello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the one-hour interval. First, we will use blue lines to mark the downward trend channel where the price remains. However, inside the channel, the yellow line will indicate the local upward trend line from which the price broke down, moving in the local downward trend channel. Let us notice that in the channel we have three reflections from the upper boundary and two from the lower one, which may potentially translate into a further downward movement and a breakout from the channel at the bottom.
Now we can move on to marking support areas in the event of a correction. And here, first of all, it is worth marking support at the golden FIB point, at $40,734, and then we will define the support zone from $39,974 to $39,015.
Looking the other way, we can determine resistance locations in a similar way using the trend based fib extension tool. First, we will mark the resistance level at $41,816, from which the price has currently bounced, then we have visible resistance at the price of $42,553, and then the resistance zone which is decreasing more and more from $43,125 to $43,826.
Please pay attention to the RSI indicator because you can see a rebound and return to the middle of the range to the place where it previously caused a new decline, while if we look lower at the STOCH indicator, we will see a dynamic movement of energy, which again created room for the price to be pulled down.
ETH Short-Term 1H 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 moving below the local downtrend line.
Let's start by determining the support line and, as you can see, the first support is at the level of $2,092, and then it is worth defining a strong support zone from $2,005 to $1,959.
Looking the other way, there is resistance at $2,187, and then there is a resistance zone from $2,262 to $2,301.
On the RSI indicator we can see that we still have not touched the lower limit, and when we look at the STOCH indicator we will see a strong rebound which creates room for another price drop.
BNB/USDT 4HInterval ChartI invite you to review the chart of BNB in pair with USDT, also on a four-hour time frame. First, we will use the yellow line to determine the local downward trend under which the price is moving.
In order to determine the current supports for the BNB price, we will unfold the trend based fib extension grid, and we can see that the price is approaching a strong support zone from $247 to $239, however, if we break down from this zone, we can see the price return to the support area at $229.
Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here, first, there is strong resistance at the price of $255, then there is resistance at the level of $262 at the golden Fib point, and then the price has to face a strong resistance zone from $267 to $273.
Please look at the STOCH indicator, where we have a strong rebound and there is room for us to go a little lower, but moving near the lower border we can observe an attempt at a rebound and small increases.
And when we look at Ema cross 10 and 30, we can see that they do not yet indicate confirmation of a return to the downward trend.
Will BTC overcome the resistance?Hello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the four-hour interval. First, we will use the yellow line to determine the local downward trend, to which the price quickly returned.
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 at the price level of $41,795, then we have visible support at the price of $40,711, and then we will define a strong support zone from $39,957 to $38,938.
Looking the other way, we can determine resistance locations in a similar way using the trend based fib extension tool. First, we will mark a strong resistance zone from $43,199 to $44,472, when it is overcome and positively tested, the path towards the resistance at $46,500 will open.
At this point, it is worth looking at EMA Cross 10 and 30, which indicate that the price tried to return to the upward trend, but everything indicates that this attempt was unsuccessful. And again the red line is approaching the intersection of the green ema cross 30 line.
Please pay attention to the CHOP index, which indicates that the sideways price movement has regained energy, the RSI indicator shows room for further declines, while the STOCH indicator, in line with recent predictions, has recovered and there is still room to pull the price lower.
BTC 4H Chart Hello everyone, let's take a look at the BTC to USDT chart on a four-hour time frame. As you can see, the price has returned and remains on the local downtrend line.
When we unfold the Trend-Based Fib Extension grid, we can determine the support zone from $41,250 to $40,716, then support at $39,954, and further support at $38,988.
Looking the other way, there is a strong resistance zone from $43,182 to $43,737, followed by strong resistance around $44,441.
On the RSI indicator, we remain in the middle of the range, but on the STOCH indicator, we are moving at the upper limit, which may result in a price recovery.
BTC Check 1HInterval ChartHello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the one-hour interval. First, we will use white lines to mark the local channel of the upward trend from which the BTC price broke down, while it is worth defining the local downward trend with the yellow line.
Now we can move on to marking support areas in case the correction deepens. For this purpose, we will unfold the Trend based fib extension grid, and we can see support at the level of $40,510, while it is worth defining the support zone from $38,697 to $37,732.
Looking the other way, we can determine resistance areas in a similar way. First, we will mark the resistance zone at which the price stopped from $42,018 to $42,423, when it is overcome, we again have active resistance at the level of $43,591, and then there is resistance above the upper border of the previously mentioned channel at the level of $45,488.
At this point, it is worth looking at the moving averages 50 and 200, which show the place where the yellow ema cross 50 line crossed the blue ema cross 200 line, confirming the return to the downward trend.
Please pay attention to the CHOP index, which indicates that most of the energy has been used in the upward movement, on the RSI indicator we have returned to the upper limit, with room for growth, while the STOCH indicator is moving at the upper limit, which may limit the growth and provide a rebound in the coming time .
BTC before a major correction?Hello everyone, I invite you to update the situation on BTC in the USDT pair, taking into account the one-day interval. We will start today's review by defining the trend line and here we can use the white line to determine the main upward trend, then we will mark the second upward trend line in the same way and locally the third one on which the price is currently based during the recovery.
Now we can unfold the Fib Retracement grid and identify a very important resistance zone from $41,283 to $48,336, where the price is struggling to stay in the local uptrend and before the start of the long-awaited larger correction.
However, if the current decline turns out to be the beginning of the long-awaited strong correction, in this situation we see that the local support that has held the price at the moment is the level of $39,982, while further we can go down to the level of $37,077 and then to the vicinity of the second line of the upward trend to the support zone from level $32,399 to $29,032.
Additionally, the currently expected correction should be close to the level of approximately thirty percent. WHAT coincides with our support zone.
When we look at the CHOP indicator, we can see that the energy has been used for the decline and we are currently experiencing a slight rebound, the RSI shows a rebound, but we are still high, just like the STOCH indicator, there is still room for the price to go lower.