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Fibonaccianalysis

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 has been moving in an uptrend channel for almost twenty days, which we have marked with blue lines. It is now worth checking what supports we should consider in the coming hours or days and as you can see the first support is $17070, if the support is broken then the next support is $16977, $16885 and $16750. Now let's go from the resistance line, as you can see the first resistance that the price has to overcome and positively test is $17221, if you manage to break it the next resistance will be $17323, $17412 and $17491. Looking at the CHOP indicator, we see that in the 4-hour interval, the energy begins to gain strength, the MACD indicator indicates that we have entered a local downtrend, while the RSI shows that we are quite high and we should consider hedging the position in case of a correction.
by cryptodailyuk
2
XRP / USDT 1daychartHello, I invite you to a short overview of the XRP to USDT chart on a one-day time frame. Here we can use yellow lines to mark a triangle in which the price is moving, which is important in its upper part. Now let's look at what support we should consider in the coming days, and here we have the first support at $0.374, the second at $0.345 and the third at $0.322. Looking the other way, we can also see where the price may meet resistance on its way, as we see the first resistance at which the price has now turned around is $0.398, the second resistance is at $0.412, the next is at $0.425 and the fourth at $0.437. On the CHOP index, we can see that the energy is strongly charged, the MACD indicator indicates that we are in an uptrend, while on the RSI we are below half, which may indicate a place for further increases.
by cryptodailyuk
UNIUSDT 1D Interval- Targets and StoplossHello everyone, let's look at the 1D UNI to USDT chart as you can see how we can see the price moving below the downtrend line marked in yellow. Let's start by setting goals for the near future that we can take into account: T1 - $6.68 T2 - $7.29 T3 - $7.91 T4 - $8.76 and T5 - $9.85 Now let's move on to the stop loss in case the market goes down further: SL1 - $5.81 SL2 - $4.72 and SL3 - $3.33 Looking at the CHOP indicator, we see that on the 1D interval, the energy is starting to slowly increase, while the MACD indicator shows an uptrend, and the RSI shows that we still have room for further growth.
by cryptodailyuk
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, we managed to get out of the downtrend line under which we were moving. Let's start with the support line and as you can see the first support in the near future is $16870, if the support is broken then the next support is $16801, $16743 and $16688. Now let's move to the resistance line, as you can see the first resistance is $17049, if you manage to break it, the next resistance will be $17140, $17265 and $17426. Looking at the CHOP indicator, we see that in the 4-hour interval we have a lot of energy for further movement, the MACD indicator indicates entering a local uptrend, and the RSI shows that we still have room for more growth.
by cryptodailyuk
BTCThis is my primary count heading into 2023. Seems like unless we straight nuke to $9,200 then I'd expect this move to play out. Much more painful on both sides. Finish around the 618% of the covid 2020 crash $11,500 but never reach $10K as many are waiting. Then B wave up to $34k getting everyone tweeting WGMI and then B wave gets finished and Rug back to finally hit $10K making everyone think Crypto is dead again. Finally completing this correction & the HTF Wave C and this bear Market. After that 2024 1/2ing and run it back turbo $200K.
COINBASE:BTCUSDLong
by Big_Mike716
2
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 is moving above the uptrend line, but locally we are on the verge of the downtrend line. Let's start with the support line and as you can see the first support in the near future is $16883, if the support is broken then the next support is $16714, $16547 and $16306. Now let's move on to the resistance line, as you can see the first resistance the price is currently facing is $16995, if it breaks out the next resistance will be $17078, $17147 and $17212. Looking at the CHOP indicator, we see that in the 4-hour interval we still have a lot of energy for the next move, the MACD indicator indicates a local downtrend, while the volume begins to indicate an advantage on the buyers' side.
by cryptodailyuk
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 is moving within the uptrend channel indicated by the blue lines. Let's start with the support line and as you can see the first support in the near future is $16967, if the support is broken then the next support is $16677, $16453 and $16222. Now let's move on to the resistance line, as you can see we've managed to break the resistance at 0.618 Fib and we currently have resistance at $17609 if we manage to break it the next resistance will be $18199 which is very important as the previous price breakout was at the same point only when the price goes up and then positively tests this place, we can expect further increases. Looking at the CHOP indicator, we see that in the 4-hour interval, some of the energy has been used, but we have some time to continue the move, the MACD indicator indicates the entry into a local uptrend, while the volume shows red candles, which means the advantage of sellers, however, you can see that it is she is very small.
by cryptodailyuk
1
ETH - USDT, 1D Interval Resistance and Support I invite you to review the ETH/USDT chart on the one-day interval as its predecessor. Let's start by determining the main trend under which the price has been moving since the last ATH. Now it is worth marking with the yellow lines the triangle in which ETH is currently moving. Let's now move on to identifying two very important supports, the first at 0.78 Fib Retracement, equal to $1125, and the second support at the last low of $880. Looking the other way, the price has two strong resistance zones, the first zone starts at $1524 and lasts until $1920, only when the price breaks above the first zone and makes a positive attempt to attack the second zone from $2573 to $3016, the way will open for us towards a new peak. Looking at the CHOP index, we see that we have less and less energy, the MACD indicator indicates a change in the trend to an upward one, and the volume, although low, indicates the predominance of green candles on the buyers' side.
by cryptodailyuk
BNB / USDT 1D INTERVAL, Support and ResistanceHello everyone, welcome to the BNB to USDT chart on a one-day interval. Let's start by marking with white lines the channel of the sideways trend in which the price is moving. Now we will mark the trend line, which, as you can see, the price overcame. Now let's check what support places we should consider for the near future and as you can see, we have the first support at $284, the second at $262, the third at $244 and the fourth at $227. It is also worth highlighting the zone from $292 to $266, because this is a very strong area of ​​demand and supply for BNB. Now let's move on to determining the resistance points that the price must overcome on its way up. And here we see that the first resistance is at $302, the next resistance is at $312, then $320 and $328. Moving on, we see that the CHOP index indicates that the energy is low but is slowly starting to increase, the MACD indicator indicates that we are close to entering a downtrend, and on the volume we see falling energy, but with a predominance of sellers.
by cryptodailyuk
XRP - USDT on 1D interval Resistance and SupportHello everyone, I invite you to chart XRP in pair to USDT on a one-day time frame. Let's start by marking with the yellow lines the channel in which the price is moving and with the blue line the local uptrend line. As we can see, the price turned around nicely around zero seventy-eight and returned to zero sixty-one. Now let's check what current support we should consider and here we have the first support at thirty-seven cents, the second support at thirty-four cents, the third support at thirty-two cents and the fourth support at thirty-cents. However, for the price to freely start to grow, it must overcome a strong resistance from forty-two cents to forty-six cents, only when it breaks above this area and tests it successfully, we will be able to see further increases. It is worth mentioning that the energy on the CHOP index is strongly charged, the macdi indicator indicates that we are in the local uptrend, and on the volume , although it is small, we see the advantage of buyers.
by cryptodailyuk
Chart and fundamental analysis of Iris Energy Limited (IRIS)The operating result for the last quarter was published recently, on November 30, 2022. 1. Graphic Analysis As the company's core activity is Bitcoin mining, it is important to analyze the correlation with the price of Bitcoin. As you can see in the graph below, most of the time the correlation is positive. It seems to me that the price is at the end of wave 5, about to reverse the downtrend, which has lasted since the beginning. The DMI SMI Oscillator exhibits a bullish descending wedge. This same interpretation can be obtained on the RSI: 2. Fundamental analysis Net income has held steady for quite some time at $72 million. As of Q1 since year 2022, it has declined to minus -$2 million and has since been stable. The same reasoning can be applied to Earnings per Share versus Estimated Earnings per Share . The balance sheet remains healthy, with assets greater than liabilities. Even if there is a need to settle the net debt after the sale of assets, it would be comfortably honored. With regard to cash flow, money from third parties continues to decrease, which is positive. Money spent on investments follows a negative flow. A negative value of Cash From Investing Activities can show poor performance, but it can also be a sign of increased investment activities. While cash from operating activities remains stable at $4 million. The point to note negatively is the free cash flow, which has drastically reduced to -$210 million.
NASDAQ:IRENLong
by andre_007
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 fallen below the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $16919, if the support is broken then the next support is $16825, $16688 and $16512. Now let's move to the resistance line, as you can see the first resistance is $17206, if you manage to break it, the next resistance will be $17398, $17558 and $17710. Looking at the CHOP indicator, we see that in the 4-hour interval, most of the energy has been used, the MACD indicator indicates that we are close to entering a local downtrend, while the volume showed a decreasing candle on the sellers side, and the new candle is starting to glow green, however, the volume is very low .
by cryptodailyuk
MATIC / USDT 1D chart Resistance and SupportHello everyone, I invite you to review the MATIC chart in pair to USDT also on a one-day timeframe. As the first we will mark the downtrend lines in blue and with the yellow line the local downtrend line. Both of these lines were broken by the price. First, we will check the situation with the resistances that the price must overcome and here we see that we have the first resistance at $0.81, the second at $0.69, the third at $0.53 and the fourth at $0.32. Looking the other way, the same with the Fib Retracement tool we will check what support we should take into account, so the first support that the price is currently fighting is $ 0.93, if we manage to break it, we have the second at $ 1.31, the third at $ 1.63 and the fourth support at $1.93. Looking at the CHOP index, we see that the energy is gaining more and more strength, the MACD indicator indicates that we have entered an uptrend, while the volume is increasing, with buyers predominating.
M
by cryptodailyuk
2
Daily review of ETH interval 1DHello everyone, I invite you to an ETH review to USDT in 4 hours. As you can see, we can with the help of blue lines mark the inheritance trend channel in which the price moves. Let's start by determining the support line, and as you can see the first support in the near future is $ 1144, if the support is broken, the next support is $ 1054, $ 984 and $ 912. Now let's get to the resistance line, because you can see that the first resistance is $ 1290, if the price breaks it with top, the next resistance will be $ 1349, $ 1519 and $ 1791. It is also worth adding that we move above the growth trend line that we mean the yellow line. Looking at the Index Chop, we see that in the 4-hour range most of the energy was used, but we have a little for the next move, the MacD inadist indicates an upward trend, and the volume, although small, indicates an advantage on the side of buyers.
by cryptodailyuk
3
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 in the sideways trend channel marked with white lines and that it is locally on the uptrend line. Let's start with the support line and as you can see the first support at which the price is currently located is $16720, if the support is broken then the next support is $16580, $16442 and $16244. Now let's move on to the resistance line, as you can see the first resistance is $16824, if you manage to break it, the next resistance will be $17333 only when the price goes up and positively tests this level and moves further up. Looking at the CHOP indicator, we see that the energy has been exhausted in the 4-hour interval, the MACD indicator indicates a local uptrend, and the volume, although small, indicates a growing advantage on the sellers' side.
by cryptodailyuk
2
QNTUSDT 4H Interval Targets and StoplossHello everyone, let's take a look at the 4H QNT to USDT chart as you can see that the price is moving in a sideways trend channel and locally trying to break out of the down trend line upwards. Let's start by setting goals for the near future that we can take into account: T1 = $114.1 T2 = $117.6 T3 = $120.5 T4 = $123.5 and T5 = $127.3 Now let's move on to the stop loss in case the market goes down further: SL1 = $112.5 SL2 = $110 SL3 = $108.2 SL4 = $106.3 and SL5 = $103.5 Looking at the CHOP indicator, we see that most of the energy has been used on the 4H interval, while the MACD indicator indicates a local downtrend.
by cryptodailyuk
1
FTMIn order to understand this analysis I must explain The green ABC inside of the circle, the yellow 5 up below the A wave inside the circle. Also The red ABC down and the green B inside the circle. Also the Blue line & the triangle. 1st my HTF analysis is that FTM is inside of a bearish ABC up on the monthly TF. A zig zag on weekly TF will create the waves on the monthly TF . 5 up for wave A inside of the green circle ended in 2021 & started in 2020 closing that TF off and making the highs above $3 last year. Wave A 2nd green B wave inside the circle (currently finishing in 2022) the red ABC down will make the B wave on the monthly TF , 618% green fib level or more likely 786% is a perfect area to find support for a B wave on any TF. Wave B 3rd blue line from bottom of the triangle points directly at the 786% and is measured from height of top TL down to bottom TL of the massive triangle correction. This shows that a big move down is likely. After we confirm the B wave on HTF monthly chart between .07 to.01c we can plot wave C on the HTF which is not visible in my chart. But if I had to project or forecast this future PA I would say C wave can easily do a 1 to 1 fib extension from the top of the green A wave on the HTF , down to green B wave HTF & we get a target around $30-$34 into 2024. Also this chart is Log scale as per my preference with EW..
F
by Big_Mike716
2