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Fibonaccianalysis

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
Is the correction finished?I think we are still in the possibility that this is all a triple correction and there is still a final drop according to Elliott. And by psychological analysis, after the waves of large liquefaction, it is necessary to give an answer to the market to suspend the small fish. It is illogical for the price to flow with that nonsense to rise directly without noticing large volumes. I have 3 possibilities to think of: 1- We will visit 18 thousand and we will go up because everyone will think that we are going down to 12 thousand, especially after the answer that the market has gained. 2- Not to stop within 18 thousand and penetrate it directly, I think because the price will not go down under 14 thousand, but the bottom cannot be expected before you saw the drop and its shape, so it remains talk. 3- This is a real bullishness and we missed the bottom. We are waiting for the end of wave 1 of the impulsive wave (I have not been able to draw any impulsive wave that supports this analysis). Please let us know what you think and what you think
Short
by seif2850
1
[08/11] Beast Trading _ Today's Bitcoin Perspective Beast Trading _ Today's Bitcoin Perspective Recently, if Bitcoin continues to set a short-term trend, it continues to move in that direction. Currently, it is such a trend, but yesterday's CPI announcement showed 8.5 which is lower than the expected 8.7, resulting in a strong rise with a huge trading volume along with NASDAQ. Looking at the overall wave, the C wave ends briefly at 22.6k, where the bottom line of the large parallel channel meets, and the adjustment of the increase from 20.7k to 24.7k has ended, and it seems that a new upward trend has begun. So, for now, we're expecting 24.7k (high point) to break through, and we're looking forward to 26-27 lines. As Bitcoin rises as the dominion decreases, there is a possibility that alt coin pumping will start. The resistance hanging above is currently 24.5 to 24.6k with a downward trend from 32k, with a full-point resistance of 24.7k and a peripheral channel break of 25k. Entering the short position will not be a good choice for profit and loss because there are not many sales stands above if it breaks the overall high point. I hope you get good results today!
Long
by BeastTrading_Sehyun
3
NDXZooming out, NDX looks strong, as per EW rules the 5th wave must match the 1st wave in both time and %. That said fomo can obviously send the 5th much higher and also terminate the trend earlier. But for now in respect to the fact that EW is not a crystal ball , I would say that since I am counting the 4th wave finished on the week June 13th 2022 the bulls have until July 2023 to finish the 5th wave at my projected target of 18,600. (not accounting for any Fomo) Also I expect a correction soon back to 12,300 or there about to make the LTF daily chart W2.
TVC:NDQLong
by Big_Mike716
Daily BNB SHORT review 1HHello everyone, let's take a look at the 1H BNB to USDT chart as you can see the price is trying to come out of the local downtrend channel. Let's start by setting goals for the near future that we can consider: T1 - $ 322 T2 - $ 325 T3 - $ 328 T4 - $ 332 and T5 - $ 338 Now let's move on to the stop loss in case of further market declines: SL1 - $ 316 SL2 - $ 313 SL3 - $ 310 SL4 - $ 308 and SL5 - $ 304 Looking at the CHOP indicator, we can see that in the 1H range the energy slowly starts to rise, while the MACD indicator shows a local upward trend.
Short
by cryptodailyuk
MATIC/USDT - Targets and StoplossHello everyone, let's take a look at the 1H MATIC to USDT chart as you can see the price has dropped below the local uptrend channel. Let's start by setting goals for the near future that we can consider: T1 = $ 0.8937 T2 = $ 0.9083 T3 = $ 0.9201 T4 = $ 0.9345 T5 = $ 0.9529 and T6 = $ 0.9737 Now let's move on to the stop loss in case of further market declines: SL1 = $ 0.8634 SL2 = $ 0.8510 SL3 = $ 0.8412 SL4 = $ 0.8307 SL5 = $ 0.8168 and SL6 = $ 0.7988 Looking at the CHOP indicator, we can see that in the 1H band the energy has been used for the current price decline, and the MACD indicator confirms the local downward trend.
MShort
by cryptodailyuk
2