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Fibonaccianalysis

Daily review of BNB interval 4HHello everyone, let's take a look at the 4H BNB to USDT chart as you can see the price is moving in the local downtrend channel. Let's start by setting goals for the near future that we can consider: T1 - $ 319 T2 - $ 321 T3 - $ 323 T4 - $ 325 and T5 - $ 329 Now let's move on to the stop loss in case of further market declines: SL1 - $ 317 SL2 - $ 315 SL3 - $ 313 SL4 - $ 311 and SL5 - $ 309 Looking at the CHOP indicator, we can see that there is a lot of energy in the 4H range and the MACD indicator confirms the local downward trend.
by cryptodailyuk
2
Daily review of ETH interval 4HHello everyone, let's take a look at the 4H ETH to USDT chart as you can see the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 1,897 T2 - $ 1,913 T3 - $ 1,926 T4 - $ 1,939 and T5 - $ 1,957 Now let's move on to the stop loss in case of further market declines: SL1 - $ 1,880 SL2 - $ 1,864 SL3 - $ 1,847 SL4 - $ 1,823 and SL5 - $ 1793 Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy and the MACD indicator shows a local downward trend.
by cryptodailyuk
2
Review of the USD / PLN chart on the 1D intervalHi everyone, Let's take a look at the USDPLN chart on the 1-day interval. As you can see, for some time we were moving in the uptrend channel marked by yellow lines, but now we are moving in the local downward trend. It is worth setting the first support line at 4.54 PLN, and then we have a strong support zone from 4.47 PLN to 4.37 PLN. Looking further, we see another support at the level of PLN 4.24 Now let's move on to the resistance that the USD valuation has on its way and we see that the first resistance appears at 4.64PLN, the next one at 4.68PLN, then we have a strong resistance zone from 4.72PLN to 4.78PLN and the next resistance at 4.86PLN. Let's look at the Chop indicator which shows that we still have a lot of energy and the MACD indicator shows a local downward trend, but the blue line bends strongly and is close to the intersection of the red line from the bottom, which would confirm the upward trend change.
by cryptodailyuk
8
DOGEUSDT - review of the chart on the 4H intervalHello everyone, let's take a look at the 4H DOGE 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 = $ 0.0786 T2 = $ 0.0798 T3 = $ 0.0807 T4 = $ 0.0816 and T5 = $ 0.0830 Now let's move on to the stop loss in case of further market declines: SL1 = $ 0.0771 SL2 = $ 0.0766 SL3 = $ 0.0761 SL4 = $ 0.0757 SL5 = $ 0.0751 and SL6 = $ 0.0743 Looking at the CHOP indicator, we can see that in the 4H range the energy was used and the MACD indicator confirms the local upward trend.
Short
by cryptodailyuk
2
CRO / USDT Short on 1H IntervalHello everyone, let's take a look at the 1H CRO to USDT chart as you can see the price is moving below the local uptrend channel. Let's start by setting goals for the near future that we can consider: T1 = $ 0.1548 T2 = $ 0.1555 T3 = $ 0.1560 T4 = $ 0.1566 and T5 = $ 0.1573 Now let's move on to the stop loss in case of further market declines: SL1 = $ 0.1541 SL2 = $ 0.1533 SL3 = $ 0.1525 SL4 = $ 0.1521 and SL5 = $ 0.1516 Looking at the CHOP indicator, we can see that in the 1H range we have very little energy and the MACD indicator shows a local downward trend.
Short
by cryptodailyuk
Daily review of BTC interval 1HHello 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 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 $ 24,671, if the support breaks down, the next support is $ 24,563, $ 24,448 and $ 24,088. Now let's move from the resistance line as you can see the first resistance is $ 24,788, if you can break it the next resistance will be $ 24,938, $ 25,104 and $ 25,311. Looking at the CHOP indicator, we can see that in the 1-hour interval the energy has been used and the MACD indicator shows a local upward trend.
by cryptodailyuk
Long term BTCFrom the high 69k to Covid crash using the Fibonacci Retracement tools we can see that we hit the 0.786 (~17.7K) and bounced. If we use the Fibonacci levels on the waves up and down we can see some nice confluence in levels. The first wave down from 69k to ~32.9k has a fib extension 1.618 that lines up with the 0.886 level. 10k-11k range, the strongest support we can get on BTC. The first corrective wave i-ii fib extension was in confluence with the 0.786 level mentioned at the beginning. Now we are in the iii-iv wave and I'm not expecting this to go above 32k-33k this should become resistance. And then the final wave down to ~11k should start. If we get there we should also see some bearish divergences on the MACD histogram. A full reset to the 0.886. Now technically we never closed below the previous cycle high weekly close. Maybe this is not a 12345 Wave and this was a ABC correction. Then uptrend has resumed as the ABC finished. Looking at the BLX at previous corrections we can clearly see some contraction. 93.7%, 86%, 84%, but are we stopping at 74% ? A closer look
by CryptoSlots777
SOL - USDT 1HChart, targets and stoplossHello everyone, let's take a look at the 1H SOL to USDT chart as you can see the price is moving in the channel denoted by the yellow lines. Let's start by setting goals for the near future that we can consider: T1 - $ 47.52 T2 - $ 48.42 T3 - $ 49.17 T4 - $ 49.91 and T5 - $ 50.99 Now let's move on to the stop loss in case of further market declines: SL1 - $ 46.39 SL2 - $ 45.87 SL3 - $ 45.20 and SL4 - $ 43.15 Looking at the CHOP indicator, we can see that in the 1H range we still have a lot of energy for further moves, and the MACD indicator shows a local downward trend.
by cryptodailyuk
Support and resistance zones for DOT / USDTWe managed to exit the downtrend channel marked with blue lines and change it to the current uptrend marked with yellow lines. It is worth highlighting two areas of support that we have: The first zone FROM $ 8.81 TO $ 8.24 and the second zone FROM $ 7.36 TO $ 6.78. THEN WE LOOK AT RESISTANCE ZONES AND CURRENTLY WE ARE TESTING A ZONE FROM $ 9.64 TO $ 10.61 IF YOU CAN CHOOSE IT, ANOTHER IMPORTANT RESISTANCE ZONE FROM $ 15.49 - $ 21.30. IT IS WORTH NOTICE THAT ON A ONE-DAY INTEWRALE WE HAVE A LOT OF ENERGY FOR THE NEXT MOVEMENT AND THAT THE MACD INDICATOR CONFIRMS THE LOCAL IMPROVEMENT TREND.
by cryptodailyuk
4
Daily review of BTC interval 1HHello 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 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 $ 23,743, if the support breaks down, the next support is $ 23,528, $ 23,365 and $ 23,198. Now let's move from the resistance line as you can see the first resistance is $ 24,127, if you can break it the next resistance will be $ 24,295, $ 24,470 and $ 24,722. Looking at the CHOP indicator, we can see that in the 1-hour interval we still have a lot of energy and the MACD indicator shows a local upward trend.
by cryptodailyuk
[08/12] Beast Trading _ Today's Bitcoin Perspective Beast Trading _ Today's Bitcoin Perspective Bitcoin continued to be accompanied by buying yesterday, renewing its high point as predicted by the market. However, since the high-point renewal position is the section where one wave is over, it usually falls after the high-point renewal. Yesterday, it also renewed its high point and touched the Fibonacci 0.5 section from 32.4k to low point, and showed a decline without breaking through the blue upward trend and parallel channel break. Before falling, I expected Bitcoin/Etherium to fall by 1 hour in the field room, with my head bent downward from the high point of Divergence Confirmation + 4 hours Stocastic (533). Currently, the 4-hour Stocastic (533) is coming back to the bottom and looking for a rebound. The market picture is 4 hours/per-bill, and the important support/resistance line in the big frame is The bottom line of the channel following the red circle is the support line, Resistance lines are green Fibonacci 0.618 (26750), 0.786 (29240), 0.886 (30710) Parallel channel break line 25300 Parallel channel top line 27300 It's going to be about 25400 blue uptrend. + dominance Additionally, the Dominion continues to fall, and if there had been a sideways or additional rise from yesterday's high, the Alt's full-fledged pumping would have begun, but the decline has been stronger than expected, so it is ambiguous. You'd better wait and see before proceeding with the altcoin trading.
by BeastTrading_Sehyun
3
SOL - USDT 1HChart, targets and stoplossHello everyone, let's take a look at the 1H SOL to USDT chart as you can see the price has come sideways from the uptrend channel. Let's start by setting goals for the near future that we can consider: T1 - $ 44.85 T2 - $ 45.73 T3 - $ 46.47 T4 - $ 47.2 and T5 - $ 48.23 Now let's move on to the stop loss in case of further market declines: SL1 - $ 43.56 SL2 - $ 43.02 SL3 - $ 42.48 SL4 - $ 41.68 and SL5 - $ 40.72 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.
by cryptodailyuk
Daily review of BTC interval 1HHello 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 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 $ 24,302, if the support breaks down, the next support is $ 24,101, $ 23,902 and $ 23,610. Now let's move from the resistance line as you can see the first resistance is $ 24828, if you can break it the next resistance will be $ 25,171, $ 25,468 and $ 25,753. 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
2