AVAXUSDT 1D TARGETS and STOPLOSSHello everyone, let's take a look at the 1D AVAX to USDT chart as you can see the price is moving above the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 18.74
T2 - $ 21.01
T3 - $ 23.32
T4 - 25.35
and
T5 - $ 28.14
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 16.53
SL2 - $ 14.14
SL3 - $ 12.22
SL4 - $ 10.16
and
SL5 - $ 7.43
Looking at the CHOP indicator, we can see that in the 1D range the energy has increased significantly, and the MACD indicator shows a downward trend.
Fibonaccianalysis
Daily review of BTC interval 4HHello everyone, I invite you to the BTC to USDT review for four hours and as you can see we are moving above the local uptrend line.
Looking at the next hours, maybe days we have a support zone from twenty thousand six hundred fifty one dollars to twenty thousand four hundred twenty two dollars, if this zone is broken the next support is at a price of nineteen thousand seven hundred sixty seven dollars.
Looking the other way, we have a resistance zone from twenty thousand nine hundred and twenty dollars to twenty one thousand one hundred and seventeen dollars, then we have resistance at twenty one thousand two hundred ninety seven dollars and twenty one thousand four hundred sixty eight dollars.
At the four-hour interval, the chop index indicates that the energy has been used and is slowly starting to increase, while the makdi indicator indicates a local downward trend.
XRP - USDT on 1W interval Resistance and SupportHello everyone, I invite you to a review of the XRP chart, in tandem with USDT, on the interval of one week.
As you can see, we have been moving in the downtrend channel marked with yellow lines for a long time.
On the other hand, locally we move above the upward trend line marked in blue.
Let's move on to determining the support that the price has in the event of drops and as you can see, in the first place we have a support zone from forty one cents to thirty two cents, if this zone is broken, we have another support at the price
twenty-four cents.
Looking the other way around, it is worth determining the places of resistance if the XRP price starts to rise. In this situation, we have a resistance zone of fifty-two cents to sixty-seven cents, and if we manage to overcome this zone, we have another strong resistance at ninety-one cents.
Please look at the CHOP index, which indicates that in the interval of one week we still have a lot of energy for the next move, while the makdi indicator shows that we are in an uptrend.
BNB / USDT 1D INTERVAL, Resistance and SupportI invite you to review the BNB / USDT chart, this time on a one-day intervale. As you can see, the price after a few attempts overcame the tendency.
Currently, we can see that we are moving in a triangle marked with yellow lines.
Now let's move on to marking the places of support that we can take into account in the near future. And as you can see, we have the first support at $ 331, the second support at $ 321, the next at $ 312 and $ 298.
Likewise, we mark the places of resistance for the BNB price, and here we see that the first resistance is at $ 351, if we manage to break it, we have the second resistance at $ 367, the third at $ 380 and the fourth at $ 392.
It is also worth adding that the current places of resistance create a strong resistance zone for the price and only after breaking it we can expect bigger increases.
Please take a look at the CHOP index, which indicates that energy is starting to rise, while the MACD indicator shows an upward trend. However, we can see that the blue line is starting to turn back and when it crosses the red one from above it will confirm the trend shift to downtrend.
$DOWI #US30 Can Go To Approx 38000 (ATH)Traders, US30 has been rising up as expected since it hit our FCP zone.
Now there is great pattern setting up which can push Dow Jones (US30) to the All Time Highs. There are few intermediate FCP zones (Targets For Longs Or Barriers/Resistance Zones) along the way.
lease support this analysis by liking and sharing. 👍🙂
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
Daily review of ETH interval 4HHello everyone, check out the ETH to USDT chart on four hour intervale.
Let's start by marking the trends with white lines and, as we can see, the price has beaten the first tendency, but on its way to larger increases it has to overcome the second tendency.
Please note that we have dropped below our uptrend line,
nevertheless, the price remains above the first trend and locally above the uptrend line.
Let's check what support we can designate for the ETH price for the near future and in this situation we have the first support at $ 1541, if the support is broken, the next support is $ 1453, $ 1381 and $ 1313.
Now let's move to the resistance line as you can see the first resistance is $ 1661, if you can break it the next resistance will be $ 1736, $ 1797 and $ 1850.
Looking at the CHOP indicator, we can see that in the 4-hour interval the energy has been used and is now slowly starting to rebound, while the MACD indicator shows a local downward trend.
SOL - USDT 4HChart, targets and stoplossHello everyone, let's take a look at the 4H SOL to USDT chart as you can see the price is moving above the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 34.91
T2 - $ 35.64
T3 - $ 36.26
T4 - $ 36.83
and
T5 - $ 37.69
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 33.78
SL2 - $ 32.38
and
SL3 - $ 30.66
Looking at the CHOP indicator, we can see that in the 4H range the energy slowly starts to rise, while the MACD indicator shows a local downward trend.
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 above 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 $ 21,089, if the support breaks down, the next support is $ 20,955, $ 20,822 and $ 20,659.
Now let's move from the resistance line as you can see the first resistance is $ 21,467, if you can break it the next resistance will be $ 21,687 and $ 21,855.
Looking at the CHOP indicator, we can see that in the 4-hour interval, the energy slowly begins to rise, and the MACD indicator shows a local downward trend. On the other hand, on the volume we see two small red candles which indicate a small number of sellers.
$EURUSD Higher Time Frame Analysis - A Huge Opportunity #EURUSDTraders and Investors,
As promised, here is the update on EURUSD higher time frame analysis. Remember the last analysis here as below and then further update?
An FCP M pattern had already been completed a few weeks ago but the price has just been consolidating. Last week it showed first signs of bullish indication. Although not very strong, these are the first signs. This pattern can lead to a very good market turning opportunity. Refer to the chart. It is self-explanatory.
Please support this analysis by liking and sharing. 👍🙂
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
Is DXY Still Bullish? Full Top-Down Analysis & Update!Traders and Investors,
The dollar fell on NFP data last week after rising on FOMC in the same week. Now that it showed a few patterns playing out and rejection from a level, is it really bearish? There are few scenarios which first look at before we start to make any decisions.
In this DXY (Dollar Index) analysis update we will look at what happened and what sort of opportunities can be there in coming days and possibly weeks.
Please support this analysis by liking and sharing. 👍🙂
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
$FTSE (UK100) Is Targeting All Time High As Bullish TargetTraders and Investors, FTSE is one of the best resilient indices which had one of the lowest impacts in last few months as compared to bearish US indies. Now last couple of weeks it has been making its move upwards which can set its trajectory to retest the previous high one more time. This can happen if the trend line and that FIB level is cleared.
This is looking increasingly bullish now.
Please support this analysis by liking and sharing. 👍🙂
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
LTCUSDT 1D Interval - Targets and StoplossHello everyone, let's take a look at the 1D LTC vs. USDT chart as you can see we managed to come out of the first trend and we are currently moving above the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1- $ 76
T2- $ 87
T3- $ 98
T4-114 $
and
T5-134 $
Now let's move on to the stop loss in case of further market declines:
SL1- $ 65
SL2- $ 60
SL3-56 $
SL4-52 $
and
SL5- $ 47
Looking at the CHOP indicator, we can see that in the 1D range the energy has been used, while the MACD indicator shows an upward trend.
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.
Daily review of BTC interval 4HHello everyone, let's take a look at the BTC to USDT chart, in the 4 hour timeframe. As you can see, the price is moving above 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 $ 21,235, if the support breaks down, the next support is $ 21,075, $ 20,954 and $ 20,834.
Now let's move to the resistance line as you can see the first resistance is $ 21,559, if you can break it the next resistance will be $ 21,773, $ 21,945 and $ 22,177.
Looking at the CHOP indicator, we can see that the energy has been used up in the 4-hour interval, and the MACD indicator shows a local upward trend.
BNB Holders, Attention❗⚡I want to congratulate to CZ and his team for building such a productive ecosystem that has worked perfectly during the Bear Market. Today we're going to discuss BNB/BTC chart on Weekly time-frame.
At first glance at the chart, you can find out not only BNB wasn't bearish in bear market comparing to Bitcoin, but also it has acted super bullish. BNB has has grown more than 1300% since January 2021.
The beautiful part is where you look at the date when BTC has reached it's ATH (The date is marked on the chart) after that, market has started to crash but BNB still continued it's growth.
My Trading Culture :
1. I will never buy after multiple Green candles, instead I look for sell or short positions.
2. I will never sell after multiple Red candles, instead I look for buy or long positions.
According to the above points, I have a great news for BNB holders. After these strong pumps and multiple green candles in BNB/BTC, now I'm looking for take profit / sell areas. By the way, I unstaked my BNBs yesterday to make them ready to sell them for Bitcoin .
Now, let's head to chart to find out where are my exit points. You can see a Fibonacci Extension drawn with "A1", "B" and "C" (Let's call it "Fib1" ). This is my first and strongest pivot or returning area, so I call it " My 1st Take Profit " and will sell most of BNBs and swap them with BTC.
Let's see what else do we have on the chart,
1. There is a yellow ranging channel that is broken upwards. The target of this channel is as wide as it's width, you can see it as the blue marker on the chart. The important thing is that, this target overlaps with 1.272 Fibonacci level for our "Fib1" (mentioned earlier). By this, I can come to this conclusion that 0.017 is a strong Resistance/PRZ .
2.Let's look at another Fibonacci extension, drawn with "A2", "B" and "C" (I call it "Fib2" ). You can see the Fib2's 1 Fibonacci level is so close to our above PRZ around 0.017.
By combining the two points above, we can draw our second green area (It's called " My 2nd Take Profit " on the chart). This is a very strong and important possible turning point for Binance coin comparing to Bitcoin and I will sell all my remaining BNB if the price hit this area and swap them into Bitcoin the King of cryptocurrencies.
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This was my own strategy about BNB in my bag, I hope you enjoyed it. Feel free to ask any question you have and also share your own ideas about BNB in the comment section.💖
Don't forget to like this idea if you liked it👍
MATIC / USDT 1D chart Resistance and SupportHello everyone, let's take a look at the MATIC to USDT chart over the 4 hour timeframe. As you can see, the price is moving above 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 $ 1.10, if the support breaks down, the next support is $ 1.05, $ 1.01 and $ 0.97.
Now let's move from the resistance line as you can see the first resistance is $ 1.18, if you can break it the next resistance will be $ 1.31 and $ 1.39.
Looking at the CHOP indicator, we can see that the energy has been used up in the 4-hour interval, and the MACD indicator confirms the local upward trend.
BNB / USDT 1D INTERVAL, Support AND ResistanceHello everyone, let's take a look at the BNB to USDT chart in 1D intervale. As you can see, the price came out of the sideways channel and is currently hovering over 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 $ 335, if the support breaks down, the next support is $ 320, $ 308 and $ 296.
Now let's move from the resistance line as you can see the first resistance is $ 361, if you can break it the next resistance will be $ 374 and $ 390.
Looking at the CHOP indicator, we can see that the energy has been used on the 1-day intervale, and the MACD indicator shows an upward trend.
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 in the downtrend channel marked with blue lines.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 20,507, if the support breaks down, the next support is $ 20,393, $ 20,304 and $ 20,212.
Now let's move to the resistance line as you can see the first resistance is $ 20,632, if you can break it the next resistance will be $ 20,729, $ 20,811 and $ 20,886.
Looking at the CHOP indicator we can see that in the 4-hour interval we have a lot of energy for the next move, while the MACD incident indicates a local upward trend.
UNIUSDT 4H Interval- Targets and StoplossHello everyone, let's take a look at the 4H UNI to USDT chart as you can see the price is moving in the uptrend channel.
Let's start by setting goals for the near future that we can consider:
T1 = $ 7.20
T2 = $ 7.28
T3 = $ 7.35
T4 = $ 7.42
and
T5 = $ 7.52
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 7.10
SL2 = $ 7.03
SL3 = $ 6.92
and
SL4 = $ 6.78
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy, while the MACD indicator shows a local upward trend.
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, price is moving in the sideways channel from $ 20,035 to $ 20,991.
Let's start with the designation of the support line and as you can see the first support is the support zone where the price is currently between $ 20,292 and $ 20072, if we fall below this zone, we can see a decline to around $ 19,444.
Now let's move on to the resistance line, as you can see, the first resistance is $ 20,449, if you can break it, the next resistance will be $ 20,577, $ 20,705 and $ 20,891, only breaking these resistance and leaving the current channel above can give a bigger increase in BTC price.
Looking at the CHOP indicator, we can see that in the 4-hour interval we still have a lot of energy for the next move, and the MACD indicator shows a local downward trend. It is also worth noting that a second green candle appeared on the volume, but it is very small.
MATIC / USDT 1D chart Targets and StoplossHello everyone, let's take a look at the 1D MATIC to USDT chart as you can see the price is moving above the downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 = $ 0.98
T2 = $ 1.04
T3 = $ 1.21
and
T4 = $ 1.44
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 0.88
SL2 = $ 0.77
SL3 = $ 0.69
SL4 = $ 0.60
and
SL5 = $ 0.48
Looking at the CHOP indicator, we can see that in the 1D range we have more and more energy, and the MACD indicator shows a downward trend, but it turned sharply up when it crosses the red line from the bottom, confirming the upward trend change.
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 above the local uptrend line and locally in the small downtrend channel.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 19.07, if the support breaks down, the next support is $ 20,026 and $ 19,810.
Now let's move from the resistance line as you can see the first resistance is $ 20,357, if you can break it the next resistance will be $ 20,512, $ 20,645 and $ 20,766.
Looking at the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy, and the MACD indicator shows a local downward trend.
GAL/USDT 1DInterval - Resistance and SupportHello everyone, I invite you to review the GAL / USDT chart on the 1 day interval.
First of all, we will use a white line to mark the downward trend, which the price has already tried to overcome several times upwards.
However, looking at the chart, we see that the local price fell below the local uptrend line.
Now let's move on to the support designation and as you can see, we first have support zones from $ 2.02 to $ 1.92, then we have support lines at $ 1.66.
Looking the other way around, we can identify several resistance lines for the price, the first resistance is at $ 2.18, the second is at $ 2.33, the third is at $ 2.46 and the fourth is at $ 2.57.
Please take a look at the CHOP index which indicates that we have a lot of energy in the 1 day interval, and the MACD indicator shows an upward trend.