Dailychart
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has left the triangle sideways and is currently just above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $16727, if the support is broken then the next support is $16451, $16234 and $16015.
Now let's move on to the resistance line, as you can see the first resistance the price is currently fighting is $16967, if you manage to break it the next resistance will be $17352, $17649 and $17964.
Looking at the CHOP indicator, we see that in the 4-hour interval we have a lot of energy for the next move, while the MACD indicator indicates that the blue line is above the red one, which confirms the maintenance of the local uptrend.
Daily review of BNB interval 4H - Resistance and SupportHello everyone, let's take a look at the BNB to USDT chart over the four hour timeframe. As you can see, the price is moving above the local uptrend line.
Let's start with the line of support, and as you can see, the first support is three hundred and forty-eight dollars and seventy cents, the second support is three hundred and forty-five dollars, and the third support is three hundred and thirty-five dollars and ten cents.
Now let's move to the line of resistance, as you can see, the first resistance is three hundred and fifty-six dollars and seventy cents, the second resistance is at three hundred and sixty-two dollars fifty cents, the third is three hundred and sixty-seven dollars, and the fourth is three hundred and seventy-one dollars and eighty cents.
Looking at the CHOP indicator, we can see that the energy has been used up in the four-hour interval, and the makdi indicator shows a local downward trend.
supply and demand on Ethereum daily timeframe suggests a short
etheream is strongly heading up to a major key level on ETHUSD daily chart aggressive swing trading options are available if entries put on major and stop limits on upper level of the previous head and shoulders supply level
the entry will come after a final bullish push towards the supply level
indicators line ups
-stochastic rsi has been overbought for quite some time and is due to reverse
-upper donchian band leveling off at key level
- weak bullish alligator in a macro bear market
suggested entry during the next couple of days expect this to exit on a strong bullish reverse to the upside to double dip with the swing trade
DXY very bullish ! growth can continue up to 120The Fed had on Wednesday had hiked the upper target for fed funds to 4.0%, its highest since the Great Financial Crisis, while Chair Jerome Powell had said that interest rates will have to go higher than previously thought, even if the size of individual hikes from now on is likely to be smaller than the 75 basis points seen at the last four meetings. If we can break through the previous high, the growth will continue very strongly.
Gold reached Gold reached the resistance and I'm ready for another downtrend. Targets 1631 / 1615 with risk reward 1:3
The reason for that is my analysis of the US Dollar Index which reached the first target and went back to the support. We have a couple of US events later today on the calendar, be ready!
USD pairs testing key daily and weekly areas...USD pairs testing key daily and weekly areas... Some of which are shared in my charts above...
We could see some USD buying...
If the areas break, then perhaps a longer-term USD retrace move
I have been short USDJPY since 1.4930, so hoping for a break lower
GBPCAD Short from Resistance to 1.538 Zone Welcome back! Let me know your thoughts in the comments!
**GBPCAD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
EURCHF Short from Resistance 80 pip potential gainWelcome back! Let me know your thoughts in the comments!
**EURCHF - 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!
Brian & Kenya Horton, BK Forex Academy
Daily review of BTC interval 4HHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price is moving below the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 19,386, if the support breaks down, the next support is $ 19,226 and $ 19,090.
Now let's move from the resistance line, as you can see, the first resistance is $ 19,496, if you can break it, the next resistance will be $ 19,601, $ 19,678 and $ 19,763.
Looking at the CHOP indicator, we can see that in the 4-hour interval the energy has been used, and the MACD indicator indicates a local downward trend.
BITCOIN ANALYSIS: intraday bullish potential entry on the dailyFollow the trading strategy and rules for a high chance of accumulating profits with the bullish/buy entry on the daily and lower timeframe i.e. 4hr or 1hr chart.
P.S NOT A FINANCIAL ADVISOR... JUST EDUCATIONAL AND LEARNING PURPOSE ONLY...
ZYDUS LIFESCIENCES Parallel Channel Pattern Breakout*ZYDUS LIFESCIENCES*
Time Frame : Daily
Observation:
* Parallel Channel Pattern Breakout on Daily time frame
* 380 Swing High Break
* Mean (EMA) Diversion on Hourly time frame.
Resistance/Target: 401 420 452 486
Support: 350 329; Dynamic Support for EMA 200 on Hourly Time Frame.