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Fibonaccianalysis

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 $ 20,211, if the support breaks down, the next support is $ 19,697 and $ 19,486. Now let's move from the resistance line, as you can see, the first resistance is $ 20,446, if you can break it, the next resistance will be $ 20,678, $ 20,862 and $ 21053. Looking at the CHOP index, we can see that in the 4-hour interval we can see that we have a lot of energy, the MCAD indicator shows that we are in a local upward trend. It is also worth adding that we currently have a green growth candle after the last three red candles.
by cryptodailyuk
1
BTC short term long; long term doesn't.Four hour chart: BTC breaks out the box high of 20479.43, and the upper target prices are 21376.53, 21653.65, 21930.76 and 22800.00. - Strategies for breaking out of the box: (1) The stop loss price is set at the low point of the box at 18131.00, and the take profit price is set at the target price mentioned above. (2) If you want a higher R/R ratio, the stop loss price can be 19028.10 (0.382 support), and the take profit price is the same as above. - Daily chart: BTC is still consolidating in the support range of 19155.86~23123.20, and has not yet broken out the downtrend line. You can pay attention to the upper resistance price: 22800.00 (target price of the four-hour box) 23123.20 25214.57 If BTC breaks out 25214.57 and the downtrend line, it can be confirmed that the daily chart has turned bullish. Therefore, if BTC does not successfully break out the resistance price in the future, there is still a chance to test around 19000.00 again. -
COINBASE:BTCUSD
by noah_chen
2
Daily review of BTC interval 4HHello everyone, let's take a look at the BTC to USDT chart over the 1 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 we first have support zones from $ 20,606 to $ 20,477, if the support breaks down, the next support is $ 20,49 and $ 19,599. Now let's move to the resistance line as you can see the first resistance is $ 20,865, if you can break it the next resistance will be $ 21,128, $ 21,366 and $ 21,578. Looking at the CHOP indicator, we can see that in the 1-hour interval we have a lot of energy, and the MACD indicator shows a local downward trend.
by cryptodailyuk
3
Daily review of ETH interval 4HHello everyone, let's take a look at the etirum versus the dollar chart over the four hour time frame. As you can see, the price is moving above the local downtrend line. Let's start with the designation of the support line and as you can see the first support in the near future is one thousand five hundred and two dollars, if the support is broken, the next support is one thousand four hundred and forty-one dollars, one thousand three hundred ninety-five dollars and one thousand three hundred and forty-six dollars. Now let's move to the resistance line, as you can see, the first resistance is one thousand five hundred and sixty dollars, if you can break it, the next resistance will be one thousand six hundred sixty-one dollars and one thousand seven hundred and ninety dollars. Looking at the CHOP index, we can see that in the four-hour interval, the energy slowly begins to rise, and the makdi indicator shows a local downward trend.
by cryptodailyuk
3
XRP - USDT on 4H interval Targets and StoplossHello everyone, let's take a look at the 4H XRP to USDT chart as you can see the price is moving above the local downtrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 0.4731 T2 - $ 0.4880 T3 - $ 0.5038 T4 - $ 0.5258 and T5 - $ 0.5534 Now let's move on to the stop loss in case of further market declines: SL1 - $ 0.4536 SL2 - $ 0.4346 SL3 - $ 0.4203 SL4 - $ 0.4051 and SL5 - $ 0.3842 Looking at the CHOP indicator, we can see that in the 4H range most of the energy was used, and the MACD indicator shows a local upward trend.
by cryptodailyuk
1
TOMOUSDT - 1hchart - Targets and StoplossHello everyone, let's take a look at the 1H TOMO 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 - $ 0.4382 T2 - $ 0.4555 and T3 - $ 0.4782 Now let's move on to the stop loss in case of further market declines: SL1 - $ 0.4244 SL2 - $ 0.4143 SL3 - $ 0.4065 SL4 - $ 0.3988 and SL5 - $ 0.3877 Looking at the CHOP indicator, we can see that in the 1H range we have more and more energy, and the MACD indicator shows a local downward trend.
T
by cryptodailyuk
1
The strongest Fibonacci levels📈On each chart, you can see that the price bounces off the levels.📈 These levels can be different. Every trader knows about the levels. And many have heard about Fibonacci levels. Today we will talk about the strongest Fibonacci levels. -------0.382, 0.5, 0.618, 0.786------- There are many levels from which the price can react. But for me, these are the strongest ones. These levels are correction levels. The price will often stop when it reaches them. This is where the correction begins. How are these levels useful? If you keep an eye on these levels and use them, over time you will begin to understand where the price is likely to stop. If you hold some kind of trade, at these levels you will fix all or part of the profit. In addition, you can open positions from these levels with a high probability of success. 🗠 Chart 🗠 On the BTC chart, you can see the working out of the Fibonacci levels. After the momentum began, the price, after going some distance, began to adjust. On January 23, 2021, the correction ended, reaching the level of 0.618. The price increased by 122% in 86 days. Yes, at that moment it would be difficult to find this point, because to draw the Fibonacci grid, you need to see the entire momentum. But I just want you to clearly see where the price reacts. After the price has formed the top, you could see this level. When the price started a new correction from the top on April 11, 2021, you could plot the Fibonacci grid and see where the end of the correction is possible. On June 22, 2021, the price reached the level of 0.618 and bounced up by 138% in 142 days. If you use these levels in trading, then you most likely expected such a rebound and may even have opened a position. As you may have noticed, the price reaches the level several times and only then reverses. In addition, these levels do not assume that the price will turn sharply away from them, sometimes the price goes a little further than them. Consider these levels as zones from which the price can bounce. On January 23, 2021, the price formed a bottom and turned around the 0.5 level, which is also considered very strong. As we can see, the price dropped to the 0.5 level several more times before going further. There are many such examples on different timeframes. I advise you to also keep an eye on the 0.786 and 0.382 levels. They are marked on the chart and you can also often observe price reactions from them. These levels should not be used alone, it is just another indicator that you can use as a confirmation of your opinion. Do not try to trade on the basis of only Fibonacci levels. It is better to use several indicators at once, so the accuracy of the input will be much higher. Practice finding these levels on the chart and over time you will learn how to profitably use Fibonacci levels. Thanks.
Education
by UnknownUnicorn15614419
5
SOL - USDT 1daycahrt, targets and stoplossHello, I invite you to the SOLUSDT review, as we see in the long-term 1-day interval, we are moving below the trend marked by the blue line. This is also how we can mark a strong resistance zone from $ 81 to $ 116, but first the price has to overcome the trend. Similarly we denote the support strtefe for price and here we have a zone from $ 30.55 to $ 25.75. Now let's check the current situation for the next few days, here we can see that the price broke the local downward trend line. However, in the near future we have to overcome the resistance at $ 32.19, the next at $ 35.39, then $ 38.00, $ 41.00 and $ 44.55. It is also worth marking the first line of the trend with the use of white color, only breaking it will allow for further increases. Please note the CHOP index which indicates that the energy is constantly increasing and the MACD indicator shows a local upward trend.
by cryptodailyuk
1
Daily review of BTC interval 1DHello everyone, I invite you to the BTC to USDT review on a 1 day interval. Please see that the BTC price was moving in the uptrend channel, then it started to decline and moved in the triangle marked with blue lines. Currently, we managed to leave the triangle on the top and break the first trend. Now let's move on to determining the support btc has in the event of a correction, and as you can see, the first support line is at $ 19,713, the second support is at $ 19,029 and the next support is at $ 18,472. Looking the other way around, we can also mark the points of resistance, and here we can see that the first resistance line is at $ 20,765, the second resistance is at $ 21,492, the third is at $ 22,409, and a strong resistance at $ 25,028 that btc has to overcome so that it could grow to around $ 30,000. Please note the CHOP index which indicates that most of the energy has been used, while the MACD indicator shows an upward trend.
by cryptodailyuk
2
Ethereum Looking Like a Bull in a Bear Cave Bear market, lots of shorts were knocked out today....setting the tone here. Which are you? Long or short right now? I caution leveraged positions at the moment. We are at an extremely dangerous place. Bullish move today, but who did not expect it at some point? Targets to the upside can blow past 2k. This 1500 range could be the top of our relief rally but I doubt it. I can argue a continuation of our breakout, temporarily.. We have seen almost 4 waves post today on quicker candlesticks. The 5th could be the shocker.. My stance is overall bearish periodically NUETRAL, with benefits... Take some profits if your up. I do not think ETH it will fall past 650.00 but we will see. Eth really brings it doesn't it? What's your take on this move ? Let me know! These Fibonacci Channels are much like other Fib tools, like retracement and extensions. Just anchor them onto two swing lows and a high if measuring bullish movement and inverse that to 2 highs and a low if expecting a bearish movement to manifest. Fib tools are powerful and when combined with an Elliot Analysis can be downright dynamite! Ask me more if you need to!
BINANCE:ETHUSD
by PersiChart
2
BTCUSD Fibonacci Time zonesI have drawn a Fibonacci time zone for each cycle from the top to the point the bottom is reached. After this, the Fibonacci sequence begins to count. I am starting at the top of 2011 to the bottom at the end of 2011, and these time zones count in vertical black lines. After this, I drew another Fibonacci time zone from the top of 2014 to the bottom in 2015, and here again, a new count starts and is visible in dashed lines. Finally, from the top of 2017 to the bottom of 2018, I once again drew a Fibonacci timezone, which is visible in the dotted line. Based on the Elliot Wave principle, in which waves 1, 5, 21, and 89 are cycle peaks, and waves 2, 8, 34, and 144 are complete market cycles. When I apply this principle to the drawn fib time zone tool described above, I conclude that it gives pretty accurate insight into when possible tops and bottoms are set; each number of each illustrated fib tool is in a different subdivision and grade. For example, the 3 indicates when the price will reach an all-time high for the first time after a bear market; I marked this in orange. Red indicates a top of a bull market, and ditto for 13 and 21. Number 8 shows the bottom of the bear market. We are again at point 8, where a bottom would be set. In my view, Bitcoin is getting ready for another first impulsive wave of a new trend. In my Elliott Wave count, in 2019 to 14k wave 1, ABC correction with wave C completed in March 2020. This was followed by an impulsive wave 3 ending in early 2021 and then a truncated fifth in November 2021.
BNC:BLXLong
by joerivdpol
1
BNB / USDT 4H INTERVAL, STOPLOSS AND TARGETSHello everyone, let's take a look at the BNB 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 $ 284, if the support breaks down, the next support is $ 280, $ 277 and $ 273. Now let's move to the resistance line as you can see the first resistance is $ 287, if you can break it the next resistance will be $ 297 and $ 306. 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.
by cryptodailyuk
SOL - USDT 4HChart, resistance and support zonesHello everyone, let's take a look at the SOL versus USDT chart over the 4 hour timeframe. As you can see, the price is moving below the downtrend line. Let's start by marking the support line and as you can see, when the price starts to fall, we have a support zone from $ 28.42 - $ 27.73. Looking the other way around, the price is currently at the beginning of the resistance zone, which is between $ 28.95 - $ 30.25. Looking at the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy, and the MACD incidentator indicates that the blue line crosses the red one from the bottom, which confirms the trend shift into an uptrend.
by cryptodailyuk
2
Daily review of BTC interval 4HHello everyone, let's take a look at the BTC to USDT chart over the four hour time frame. As you can see, we are below the trend marked with the white line, and locally the price is above the trend line marked with blue. Let's start with the designation of the support line and as you can see the first support in the near future is nineteen thousand one hundred seventy eight dollars, if the support is broken, the next support is nineteen thousand forty nine dollars, eighteen thousand eight hundred sixty two dollars and eighteen thousand six hundred forty three dollars. Now let's move to the line of resistance, as you can see, the first resistance is nineteen thousand four hundred and thirteen dollars, if you can break it, the next resistance will be nineteen thousand five hundred sixty two dollars, nineteen thousand six hundred eighty four dollars and nineteen thousand eight hundred thirteen dollars. Looking at the CHOP indicator, we can see that in the four-hour interval we have more and more energy, and the MACD indicator shows a local downward trend.
by cryptodailyuk
1
BTCUSD: Bitcoin Prepares for New All-Time High Near $99.4KBy or during Spring 2024, Bitcoin should be near its next destination within the expected price itinerary ($99.4K). After taking a Beary Bad beatdown over the past 8 months, the gloomy sentiment of further capitulation has settled within the minds of many retail traders. Making the timing ripe for the market to feast. According to the waves we've witnessed from June until now, I on the other hand think that Bitcoin has instead taken all the abuse it will allow from the Bears, for now. With a 73% reduction in value from its current all-time high at $70K, price action has seemingly formed a vey sharp zig-zag wave downward. Based on my personal wave count from Bitcoin's very first all-time low candle, I think the macro pattern spells out a pending pump for the Digital King. Forming what I believe to be a Leading Diagonal from June's bottom price at $17.6K and ultimately pushing up to the range of $25K, the Digital Surf Gang and I were totally expecting a deep dive back to the range of $18-$20K for a major test and a likely level of discovered macro support. If I had to be more specific on the expected support level, I'd guess that it comes near $20.1K, in a matter of hours from now. With an apparent Leading Diagonal in Wave 1 (of a hypothetical Wave A), I expect Wave 3 of said Wave A to become extended in form. This extension would likely get Bitcoin back above $40K by October of this year (2022). Looking beyond the nearest term pump, I believe that Bitcoin will reach the $99.4K mark by Spring of 2024 . As you can see on my chart, though I'm confident that a new all-time high comes, it'll likely only be a big trap as the ascending move would be due to come in corrective form, instead of impulsive. Not too long from now, many traders and investors will better understand why it is better to 🏄 than to #hodl (if they haven't already).
BNC:BLXLong
by DigitalSurfTrading
8
TOMOUSDT - 1dchart - resistance and supportHello everyone, I invite you to review the TOMOUSDT chart on a one-day interval, as you can see the price is moving in the downtrend channel marked by yellow lines. It can be noticed that currently the price is on the spot of the June low and is slowly starting to accumulate. Now let's move on to drawing a resistance line that price has on its way, and as you can see, the first resistance is at thirty-five cents, the second resistance is at thirty cents, and the third resistance is at twenty-six cents. Then we'll look at what resistance TOMO has in its path when it starts to rise, and as you can see, the first resistance is forty-four cents, then forty-nine cents, the next one is fifty-two cents and fifty-six cents. It is worth paying attention to the CHOP index, which indicates that energy has been used and is in the accumulation phase, and the MACD indicator indicates a local upward trend.
T
by cryptodailyuk
Daily review of BTC interval 4HHello everyone, let's take a look at the BTC to USDT chart over the four hour time frame. As you can see, the price came up from the triangle marked with yellow lines. Let's start with the designation of the support line and as you can see the first support in the near future is $ 19,292, if the support breaks down, the next support is $ 19,163, 19035 and $ 18,862. Now let's move from the resistance line as you can see the first resistance is $ 19502, if you can break it the next resistance will be $ 19,660, $ 19,781 and $ 19,912. Looking at the CHOP indicator, we can see that in the four-hour interval, the energy begins to rise, and the MACD indicator shows a local upward trend.
by cryptodailyuk
BNB / USDT 4H INTERVAL, STOPLOSS AND TARGETSHello everyone, let's take a look at the 4H BNB 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 - $ 272 T2 - $ 277 T3 - $ 282 T4 - $ 289 and T5 - $ 298 Now let's move on to the stop loss in case of further market declines: SL1 - $ 269 SL2 - $ 267 SL3 - $ 264 SL4 - $ 260 and SL5 - $ 256 Looking at the CHOP indicator, we can see that in the 4H interval most of the energy was used, and the MACD indicator shows a local upward trend.
by cryptodailyuk
2
DOT / USDT 4H CHART - Resistance and SupportHello everyone, let's take a look at the DOT to USDT chart over the 4 hour timeframe. As you can see, the price is moving above the local downtrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 5.75, if the support breaks down, the next support is 5.67, $ 5.60 and $ 5.53. Now let's move from the resistance line as you can see the first resistance is $ 5.87, if you can break it the next resistance will be $ 5.96, $ 6.03 and $ 6.10. 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 upward trend.
by cryptodailyuk
2
Daily review of ETH interval 4HHello everyone, let's take a look at the ETH to USDT chart over the 4 hour timeframe. As you can see, the price is moving above the local downtrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 1299, if the support breaks down, the next support is $ 1285 and $ 1275. Now let's move from the resistance line as you can see the first resistance is $ 1,323, if you can break it the next resistance will be $ 1,342 and $ 1,379. Looking at the CHOP indicator, we can see that in the 4-hour interval the energy has been used up and the MACD indicator shows a local upward trend.
by cryptodailyuk
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 downtrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 19,090, if the support breaks down, the next support is $ 18,984, $ 18,902 and $ 18,822. Now let's move from the resistance line as you can see the first resistance is $ 19,253, if you can break it the next resistance will be $ 19,340, $ 19,414 and $ 19,486. Looking at the CHOP indicator, we can see that in the 4-hour interval most of the energy was used, and the MACD indicator indicates a local upward trend.
by cryptodailyuk