Review FTM/USDT 4H IntervalI invite you to review the FTM chart against USDT, on a four-hour interval. in this situation, we can use the yellow lines to mark a triangle in which the price is approaching the exit direction. We can also see that the EMA Cross 50, marked with a yellow line, indicates a downtrend, when we see the yellow line cross the blue line, it will be a signal for a larger upward move.
Now we can move on to identify the support lines that the price should rely on, and here we see that we have the first support at $0.20, equal to the 0.618 Fib Retracemant that has held the price in recent days. We still have support at $0.18 and $0.16.
Looking the other way, we can see that price tried to break through the resistance at 0.618 Fib Retracement three times, but each time it bounced off it, and now we have first resistance at $0.22, second resistance at $0.24, third important resistance at $0.26, and fourth at $0.28.
It is worth paying attention to the volume, which is quite small, but with a visible advantage for buyers. The CHOP index indicates that the energy has been used, the MACD confirms the local uptrend, while the RSI, like the CHOP index, shows overheating, which may cause the price to correct.
Fibonaccianalysis
BNB / USDT 1D INTERVAL, Support and ResistanceHello everyone, welcome to a chart review of BNB vs USDT on a four-hour timeframe. We can start by identifying with the white lines a sideways trend channel where the BNB price has been moving for a long time. Then we can move on to marking the yellow downtrend line under which we are currently moving.
As we can see the last drop in the price stopped perfectly at 0.786 Fib Retracement at $221.6 which is a strong support for our price and also the lower border of the side channel, when the price goes lower we can see a drop to around $183.4 which is the place of the last low prices. However, the price is currently trading in the support zone from $246.5 to $236.9.
Looking the other way, we see that the first resistance should be up at $253.3 from which it has already bounced twice, the next resistance is at $274.2, then at $290.8, $307.9 and $332.4, this is a very strong resistance, and also the upper limit of the sideways trend channel.
It is worth paying attention to the volume, which is very low at the moment. The CHOP index indicates that the energy is exhausted, the MACD tries to maintain an uptrend, while on the RSI, despite the sideways movement, we see that we are quite high, we have room for price growth, but a small correction can be expected locally.
Daily review of BTC interval 1DHello everyone, I invite you to every Friday review of selected cryptocurrencies. We'll start with a chart review of BTC vs USDT on a single day timeframe. At the beginning, we can use the blue lines to mark the triangle in which the BTC price is moving and we can see that we are getting closer to taking the direction of leaving it.
Let's start with the support line and as you can see the first support in the near future is $16586 equal to 0.618 FIB, if the support is broken then the next support is $16086 and $15456.
Now let's move on to the resistance line, as you can see the first resistance the price is currently fighting is $16762, if it manages to break it, the next resistance will be $17073, $17325 and $17581.
Looking at the CHOP indicator, we can see that there is a lot of energy for a bigger move, the MACD is close to indicating an uptrend, while the RSI is moving below the middle of the range, which could potentially give room for an uptrend.
GBPUSD H4GBPUSD has uptrend it will take a short time retest after complete retest it will be Bull aggressively.
BNB/USDT 1DChartReview Hello everyone, I invite you to review the BNB/USDT chart on a one-day timeframe. With the help of white lines we will determine the sideways trend channel, while locally we can mark the downtrend line under which the BNB price moves.
Importantly, when we develop the Fib Retracement tool, we can immediately see that the price is in a strong support zone from $251 to $222, however, if the support is broken and the price drops lower, we can see a drop to near the previous low at $184 .
However, if the downtrend ends and we see increases. It is the price will first encounter resistance at $274, then $291, then we have a strong resistance zone from $309 to $331, then resistance at $361, the location of the last high not taking into account the vertical candle.
As we can see, the CHOP index indicates that the energy is slowly rising, the MACD indicator indicates that we have entered an uptrend, while the RSI is moving sideways in the lower part of the range.
Daily review of BTC interval 1DHello everyone, I invite you to every Friday review of selected cryptocurrencies. We'll start with a chart review of BTC vs USDT on a single day timeframe. First of all, we can mark with the help of white lines the sideways trend channel in which the price has been moving for a long time, while locally with the help of the yellow line we can mark the downtrend.
Now, with the help of Fib Retracement, we will check what support the price has on its way. And as we can see, the price is currently holding just below the support at 0.618 Fib Retracement, and the next support is at $16087, lower at $15449, which is the last low, but if the price goes lower, we can see a drop even to around $13648 .
However, in a situation where the trend reverses and the price starts to grow, it is worth marking the places where we can encounter resistance. And so we see that we have the first resistance at $16,760, the second at $17,073, the third at $17,342, and the fourth at $17,554. Only when the price overcomes these four resistances and positively tests the last one, the way to further increases will open.
It is worth paying attention to the CHOP index which indicates that we have a lot of energy for the upcoming move, MACD indicates that we are moving in a downtrend, while the RSI has been moving in the middle of the range for a long time.
UNIUSDT 1D Interval- Resistance and SupportHello everyone, welcome to a review of the UNI to USDT chart on a one-day timeframe. First, we will use the blue lines to mark the downtrend channel in which the price is currently moving.
Next, we can check where the price has support, and here we can see that we are currently in the $5.82 to $4.73 support area. However, if the support is broken and the price starts to fall more strongly, we can see a drop to around $3.32, which is the place of the last price low.
Looking the other way, we will similarly check where the price should break resistance when the downtrend reverses. As we can see, we have the first resistance at $6.82, the second resistance at $7.91, and then we have a strong resistance zone from $8.99 to $10.52.
Please pay attention to the CHOP index, which indicates that the energy is starting to rise strongly. The MACD is getting closer to crossing the red line with the blue line from below, which would confirm the change of the trend to an upward one, while the RSI is moving in the lower range, which may also indicate an upcoming uptrend.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour 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 $16569, if the support is broken then the next support is $16269, $16018 and $15760.
Now let's move to the resistance line, as you can see the first resistance is $16943, if you manage to break it, the next resistance will be $17373, $17729 and $18080.
Looking at the CHOP indicator, we see that the energy is slowly gaining strength, the MACD indicates that we are close to entering a local uptrend, while the RSI is in the lower range with room for increases.
BNB / USDT 1D INTERVAL, Support and ResistanceHello, I invite you to review the BNB chart in pair to USDT on a one-day timeframe. First of all, it is worth defining the sideways trend channel, while locally we can mark the downtrend channel with blue lines.
Now let's move on to marking the support that we should take into account when the price starts to fall. And here we see that we have the first support at the price of $ 229.7, but if the price drops lower, we have the next support at the price of $ 183.8, which is the place of the previous price low.
Looking the other way, we can see where the price should break resistance when it rises. The first resistance is at $261.9, the second at $287.7, the third at $309.2 and the fourth at $329.7.
As we can see, the current correction started when the red moving average line crossed the green line from above.
We can see that the volume is at very low levels. The CHOP index indicates that the energy is slowly starting to rise, the MACD indicates that we are entering a local uptrend, while the RSI is at very low levels, which may indicate an upcoming price increase.
Daily review of ETH interval 4HI invite you to review the ETH chart on a four-hour interval. Let's start by marking the sideways trend channel with the white lines, while locally we can use the yellow line to determine the local uptrend line from which the price came down.
As for the places of support for ETH in the deepening correction quote, we can see that first we have a support zone where the price is currently from $ 1214 to $ 1181, however, if the price goes lower, we have another support at $ 1134, and then at the price of $ 1075, at the lower border of the channel and at the last low of the price.
Looking the other way, we can similarly determine the passing of resistances and here we see that we have the first resistance at $1227, the second at $1252, the third at $1274 and the fourth resistance at $1308.
It is worth noting that the volume from the last few days is very low with a predominance of red candles. On the CHOP index, we see that most of the energy has been used, the MACD indicates a local downtrend, while on the RSI we see a rebound towards the lower end of the range, which may indicate an impending price increase.
BTCUSDT-1DInterval-Review Hello everyone, I invite you to review the BTC to USDT chart, on a one-day timeframe. As we can see, the price has been moving in the sideways trend channel for a long time, but currently we can mark with the yellow line, the local downtrend line with which the price is fighting.
Now let's move on to the support line and as you can see the first support that held the price at the current correction is $16583, if the support is broken then the next support is at $16078, while the third support is at $15461 which is below the lower limit of the channel, but it is also the place of the last price low.
Looking the other way, also using Fib Retracement, we will check the places where the price should subdue the resistance when the increases begin. as we can see the first resistance is at $16763, the second resistance is at $17077, the third resistance is at $17325 and the fourth resistance is at $17576.
As we can see, the entry into the local correction was preceded by the crossing of the green line moving average from above, through the red line. Looking further, we see that the volume is at low levels with a predominance of candles on the sellers side.
The CHOP index indicates that most of the energy has been used for the current correction, the MACD confirms the local downtrend, while the RSI is recovering and is currently at quite low levels, which may potentially bring the price up.
BNB / USDT 4H INTERVAL, STOPLOSS AND TARGETSHello everyone, let's look at the 4H BNB to USDT chart as you can see that the price is moving in a sideways trend channel denoted by the white lines.
Let's start by setting goals for the near future that we can take into account:
T1 = $246.9
T2 = $248.4
T3 = $250.6
and
T4 = $253.6
Now let's move on to the stop loss in case the market goes down further:
SL1 = $245.2
SL2 = $243.3
SL3 = $240.4
and
SL4 = $236.8
Looking at the CHOP indicator, we see that the energy is charged on the 4H interval, while the MACD indicator indicates a local uptrend.
Daily review of ETH interval 1HHello everyone, let's look at the ETH to USDT chart on a 1-hour time frame. As you can see, the price is moving in the marked channel.
Let's start with the support line and as you can see the first support in the near future is $1209, if the support is broken then the next support is $1202 and $1193.
Now let's go to the resistance line, as you can see the first resistance is $1216, if you manage to break it, the next resistance will be $1220, $1223 and $1227.
Looking at the CHOP indicator, we see that in the 1-hour interval, the energy slowly starts to rise, the MACD indicates a local downtrend, while the RSI is close to the low, we can see a small correction and price rebound.
Daily review of BTC interval 1HHello everyone, let's look at the BTC to USDT chart on a 1-hour time frame. As you can see, the price is moving sideways and is about to exit the triangle.
Let's start with the support line and as you can see the first support in the near future is $16751, if the support is broken then the next support is $16657, $16556 and $16425.
Now let's move to the resistance line, as you can see the first resistance is $16868, if you manage to break it, the next resistance will be $16956, $17062, then we can see a rapid rise to $17371.
Looking at the CHOP indicator, we see that in the 1-hour interval, part of the energy is strongly charged, the MACD indicates a local downtrend, while the RSI has recovered and there is room for price increases.
0.786 fibonacci support... its only one way.... WAY UP!!0.786 fibonacci support... its only one way.... WAY UP!!
... I think now is good time to invest some money, price is low... last fibonacci support line
No its not me,, its fibonacci levels...let's add something into the price action and see if it works or not. many of you must have heard about fib levels today we gonna have a live look at this. let's see traders how accurate this thing works.
BTC chart in pair to USDT on a four-hour interval.BTC chart in pair to USDT on a four-hour interval.
As we can see, BTC has been moving in the sideways trend channel for a long time, moreover, we can mark the triangle with the help of white lines, which we are currently trying to lower down.
Now, with the help of Fib Retracement, we will check the support places for BTC in case the price starts to fall and here we can see that we have the first support at the price of $ 16,762, the second at the price of $ 16,666, but stronger supports are at the levels of $ 16,573, $ 16,444 and $ 16,274 which is the location of the last price low.
Going further, in the same way, we will determine what resistance the price should encounter on the way to increases. As we can see in the first place we have a strong zone with which the price is currently measuring from $16868 to $16956, only when it breaks out and positively tests the resistance it will start moving towards the second resistance at $17060, then $17374 and $17888.
Please pay attention to the volume because you can see that it is not high, but with a predominance of candles on the buyers' side. Next we have the CHOP index, where we see that a lot of energy has been collected, which may indicate an upcoming strong move, while the MACD confirms the uptrend. Let's also pay attention to the RSI on which we can see that the corrections are getting weaker and that there is room for an upward move.
ATOMUSDT 1D Interval ReviewHello everyone, welcome to the ATOMUSDT 1D chart review.
Using the white line we will mark the trend line, as you can see the price is trying to break through the indicated trend, when it did it did not test it and quickly reversed. Currently, we can determine the local downtrend line with which the price is fighting.
As for setting support, we will explore it with Fib Retracement, the first support is at $8.05, when it is broken the next support is at the last low at $5.56.
Looking the other way, we have a lot of room for growth, however, the zone from $ 12.83 to $ 17.16 is significant, only when the price goes above this zone, and then positively tests it and establishes a new support, we will see an open road towards the price of $ 22.40, and then $ 31.26 .
At the moment, the volume is insignificant, the energy has been used for the last correction, the MACD begins to indicate the entry into a local uptrend, while the RSI after touching the lower limit begins to slowly increase.
Eth - intraday tradingDisclaimer: If you think this chart is a mess, you are wrong. Here, we are dealing with lots of fibonacci lines to find confluence at specific zones we want to trade. As we want to maximize our profits, we want to trade at highest possible risk reward ratio. As this is a game of possibilities, our job is to find specific zone with highets probability to make price reaction.
Confluence? Yes, we are looking for that
Fibonaci retreace 170.6%
Fibonacci extension 1.114%
Fibonacci retreace 50%
Yellow trendline
EMA 200 30min timeframe
FVG huge green candle
6 confluences to make a trade. Its never only one thing. 15 min and day is over :)
And if you are asking, is it possible that we miss our trade entry? Yes, many times. But always backtest your strategy and find why did you make a mistake. Your future decisions will be better.
Happy trading :)
Tools:
- Fibonacci retreacement
- Fibonacci extension
- Pitchfork (All types)
- Trend lines
- RSI
- EMA fibonacci numbers
If you take closer look, you can see how price respects the lines. Therefore, if the trade analys is good, we can find a place where the top/bottom of the wick will happen, place an entry buy/sell order and let the magic happen :)
ETH - Range analys - updateDisclaimer: If you think this chart is a mess, you are wrong. Here, we are dealing with lots of fibonacci lines to find confluence at specific zones we want to trade. As we want to maximize our profits, we want to trade at highest possible risk reward ratio. As this is a game of possibilities, our job is to find specific zone with highets probability to make price reaction.
As you can see our 1195 local support was valid and price reacted with a huge spike. What caused that spike? Well..we can only discuss about it. First of all, look at the point where price bounced - right on the yellow line. Coincidence? I dont belive in coincidence in trading. Huge spike? Yellow arrow of liqudity pushing price down, late shorters coming in during that big red candle, bouncing from yellow support trend line and pushing price in other direction to collect liqudity above yellow arrow. There is never only one scenario possible...be ready for all of them :)
Tools:
- Fibonacci retreacement
- Fibonacci extension
- Pitchfork (All types)
- Trend lines
- RSI
- EMA fibonacci numbers
**If you take closer look, you can see how price respects the lines. If the trade analys is good, we can find a place where the top/bottom of the wick will happen, therefore place an entry buy/sell order and let the magic happen :)
DGSTACC: SPY MICRO ANALYSIS / CHANNELS CONFIRMATION & SUPPORTS In the chart above I have provided a simple analysis on SPY that takes into consideration channel confirmation estimated by using an average deviation in the two hour timeframe.
1. As you can see previous pennant support has been broken to the down side.
2. Forcing price action to fall down too 375 where price action has seen a STRONG DEMAND before in November.
2. With data from November, if price action is to be supported by 375 this would confirm sideways action is in play with a SUPPLY ZONE AT 390 .
3. Channel up above our current one found support between 390 AND 405 so one can also conclude that SPY likes to move between a 15 POINT DEVIATION month to month.
4. Break down of 375 can push us down into the next fibonacci channel of 360 - 375 .
CRO / USDT 1W Interval ReviewHello everyone, let's take a look at the 1W CRO to USDT chart as the price is currently at the 2020 low and also looking from the 2021 high at around 95% down.
Let's start by setting goals for the near future that we can take into account:
First, the price has to break through the strong resistance zone from $0.0629 to $0.0876, only then will it be able to move towards the targets:
T1 = $0.1071
T2 = $0.1397
and
T3 = $0.1723
Now let's move on to the stop loss in case the market goes down further:
SL1 = $0.0571
SL2 = $0.0463
SL3 = $0.0376
and
SL4 = $0.0288
Looking at the CHOP indicator, we see that on the 1W interval, the energy is used for price decreases, the MACD is close to the intersection, however, it indicates an uptrend, while the RSI has been moving at the lower end of the range for a long time, which may indicate upcoming price increases.
