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Fundamentalanalsysis

Will BTC start gaining after the second big correction?Hello everyone, let's take a look at the BTC to USDT chart on a 1 day timeframe. As you can see, the price is moving above the uptrend line, but it has already relied on it once. Let's start with the designation of the support line, and as you can see, we first have a support zone from $ 31,251 to $ 28,798, which currently has the BTC price, if the support breaks, the next one is $ 22,513. Now let's move from the resistance line as you can see the first resistance is $ 38,498, if you can break it the next resistance will be $ 44,418 and $ 48,859. Looking at the CHOP indicator, we can see that the energy has been used in the 1-day interval, which could give us moments of breath.
by cryptodailyuk
XCAD / USDT has bounced off the resistance and takes away energyHello everyone, let's take a look at the XCAD to USDT chart on the 1D interval. As you can see, price is moving above the local uptrend line. Let's start with the line of support and as you can see the first support that the price is currently based on is $ 3.09, if the support breaks down, the next ones are $ 2.09 and $ 1.30. Now let's move from the resistance line, as you can see, the first resistance is $ 4.38, if you can break it, the next resistance will be at $ 5.65 and the next resistance at $ 6.68. Looking at the CHOP indicator, we can see that in the 1D interval we are starting to recover energy, while the MACD indicator shows an upward trend.
by cryptodailyuk
APE has used up its energy and remains in an uptrendHello everyone, let's take a look at the APE to USDT chart on the 1D interval. As you can see, the price moves in an uptrend channel marked by blue lianims. Let's start with the designation of the support line and as you can see the first support in the near future is $ 14.31, if the support breaks, the next one is $ 11.77, another one at $ 9.68 and $ 7.72. Now let's move from the resistance line, as you can see, the first resistance that APE is currently struggling with is $ 18.25, if it can be broken the next resistance will be $ 20.53 and $ 23.91. Looking at the CHOP indicator, we can see that in the 1D interval most of the energy has been exhausted, while the MACD indicator shows a continuation of the upward trend
by cryptodailyuk
1
BTC energy in the 1D interval has been exhausted.Hello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, the price is moving in the uptrend channel marked by the 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 $ 39,798, if the support breaks down, the next one is $ 37,539. Now let's move from the resistance line as you can see the first resistance is $ 41,287, if you can break it the next resistance will be $ 42,616 and $ 43,679. Looking at the CHOP indicator, we can see that in the 1 day interval most of the energy has been depleted, we should not see more movement in the next day.
by cryptodailyuk
BNB price quickly recovers after the last correctionHello everyone, let's take a look at the BNB to USDT chart on the 1D Interval. As you can see, the price momentarily fell below the local uptrend line, and then quickly returned to this line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 408, if the support breaks down, the next one is $ 392 and $ 375. Now let's move from the resistance line as you can see the first resistance is $ 455, if you can break it the next resistance will be $ 495 and $ 537. Looking at the CHOP indicator, we can see that in the 1D interval, after the last correction, we have a lot of energy and we can expect movement.
by cryptodailyuk
One of the best IT stock - Potential to give 20% returnPlease refer chart for detailed explanation on technical analysis. Find buying opportunity at/near support zone - Price mentioned on chart. Fundamentals are strong so no need to worry even if price goes down. If you think my analysis is helpful than please do like my idea. For future reference do follow me so that you do not miss any of my analyses. You can also check my other analysis where we achieved 15 to 20% return in short term. Link is shared below or else you can visit my profile and check all the Ideas which I have shared. Feel free to leave any questions you have in the comments! I will gladly respond to them. Hopefully, this helps you out a little bit. Please make your own research before investing. P.S: This is not an investment advice. This chart is meant for learning purposes only. This is my personal viewpoint so please Invest your capital at your own risk
NSE:HCLTECHLong
by RohanLakhani4
DOGE returned to the area of support at 0.162$.Hello everyone, let's take a look at the DOGE to USDT chart on the 1D interval. As you can see, 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 $ 0.162, if the support breaks down, the next ones are $ 0.152 and $ 0.143. Now let's move from the resistance line, as you can see, the first resistance is $ 0.177, if you can break it the next resistance will be $ 0.196 and $ 0.221. Looking at the CHOP indicator, we can see that in the 1D interval most of the energy has been used up.
by cryptodailyuk
1
USD/CAD; risk-sentiment what FED chair comment todayU.S. Dollar has bad news today as today the Federal Reserve Chair Jerome Powell comment that He's expect that U.S. equities market not just help boost as there're risk sentiment in the interest rate. As the past week, the U.S. interest rates was 25 basic points and dollar climb, but that will be transitory in the movement. But there're some chances that Jerome Powell going to increase the interest rate to 50 basic points in the next upcoming U.S. monetary policy that will be on May and June in this year. And then, this will be bad news in shortly time. So guys, right now, that trend will becoming worse in the U.S. economy as inflation continue climb as maybe FED can't to combat a higher inflation that could to climb in the following months. So, technically, we see that U.S. Dollar it's weak in this chart. So, I have this overview what I look in U.S. Dollar/Canadian Dollar that can to hit down to $1.2470 CAD. And now, analyzing this timeframe, I put a sell order limit at $1.2582 CAD and SL to $1.2628 CAD and target to $1.2470 CAD So guys, if you like my analysis and do you like my own content, please follow me and share this perspective what I thinking about the economy, U.S. Dollar and how I'm a critic person that find up solution.
Short
by harisonhbn9718
BTC is fighting the resistance.Hello everyone, let's take a look at the BTC to USDT chart on a 1 day timeframe. As you can see, the price moves in the channel marked with blue lines. Let's start by highlighting the support as you can see, the first support is $ 39,400, if the support is broken, the next one is $ 37,844 and $ 35,696. Now let's move on to drawing the resistance line and as you can see the first resistance in the short term is $ 41,446, which is currently struggling with the price, the next resistance is $ 43,390, $ 45,846. Looking at the CHOP indicator, we can see that we have a lot of energy in the 1-day interval, we can expect dynamic movement on the days.
by cryptodailyuk
3
LUNA fights to overcome the resistance.Hi, Today we are going to do a short LUNA / USDT analysis 4 hours apart. Let's start by marking the uptrend line with a blue line. Moving on, it's worth highlighting in purple the current luna support line which is $ 86.76 based on fibretracement, the next support is $ 81.84 and $ 75.62. To determine the resistance, we will use the fibretracement tool and the red line, looking at the price, in the short term you can see that the first resistance appears at $ 90.04, the next one is $ 92.83, $ 95.20, $ 97.42. Please pay attention to the CHOP indicator, which indicates that we have a very high energy for the next move.
by cryptodailyuk
ETH goes above the downtrendHello everyone, let's take a look at the ETH to USDT chart over the 4 hour timeframe. Let's start by marking the downtrend line as you can see that the price is breaking above this line. Now let's move on to the support line as you can see the first support is around $ 2,720 which is currently based on price, however if the current support is broken the next support is $ 2,582 and $ 2,393. Looking the other way, it's also worth highlighting the resistance points that price has to overcome and we can see that the first resistance is $ 2,790, the next resistance is $ 3,192, and the next is $ 3,507 and $ 3,834. It's worth paying attention to the CHOP indicator, which shows that despite the last move we still have some energy.
by cryptodailyuk
1
BTC is trying to go upHello everyone, let's take a look at the BTC to USDT chart on a 1 hour timeframe. As you can see, the price is moving below the trendline. Let's start with the designation of the support as you can see, the first support is $ 38,593, if the support goes down, the next support is $ 36,711 and $ 34,343. Now let's move on to drawing the resistance line and as you can see, the first resistance in the short term is $ 40,334 which is currently struggling with price, the next resistance is $ 41,240, $ 42,250. Looking at the CHOP indicator, we can see that in the 1 hour interval the energy was used up.
by cryptodailyuk
BTC has a lot of energy in the 1D intervalHello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. The price is constantly moving under the downward trend line. Let's move on to the determination and we can see that the first support is $ 37,782, if the support breaks down, the next support is $ 35,561 and $ 32,828, then we already have a fundamental support zone from $ 31,272 to $ 28,798. Now let's move on to the determination of the resistance line, and as you can see, the first resistance is $ 40,119 with which price is trying to fight, another $ 41,440, another $ 43,422 and $ 45,770. Looking at the CHOP indicator, we can see that in the 1-day interval we have a lot of energy.
by cryptodailyuk
GBPCAD Analysis I It will continue to fall Welcome back! Here's an analysis of this pair! **GBPCAD - Due to fundamentals over Russia Ukraine tensions, expect more downside to support. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
1
ADA gains energy in the 4H interval.Hello everyone. Let's take a look at the ADA to USDT chart on the 4H time frame. Note the blue line that marks the downtrend, as you can see the price is moving underneath it. Now let's move on to determining the support line that the price should encounter in the event of a further correction and you can see that the first support is at the price of $ 0.85, if the support does not maintain the price, the next one is at the price of $ 0.80 and the next support at $ 0.75. Looking the other way, it is worth drawing resistance lines that the price must overcome if the price starts to rise, the first resistance will appear at $ 0.945, and the next resistance at $ 1.006 and $ 1.065. On the CHOP indicator you can see that in the 4H interval we gain more and more energy that can be used for the next move.
by cryptodailyuk
ETH on local correctionHello everyone, let's take a look at the ETH to USDT chart over the 4 hour timeframe. Let's start by marking the downtrend line, because you can see that the price has rebounded from it. Now let's move to the support line, as you can see, the first support is around $ 2587 over which the price is currently hitting, the next support is $ 2403. We are in between support and first resistance at $ 2,685, another resistance at 0.382Fib at $ 2,798 and another resistance at $ 2,897. It is worth paying attention to the CHOP indicator, which shows that the energy in the 4H interval is exhausted.
by cryptodailyuk
WTI Oil Coming Lower to 1980s After Russian De-escalation? Currently Oil is sitting at a resistant trendline on the higher timeframes with a strong bearish candle being printed so far, about 2% down today. We've formed a double top on the timeframes below and after a brief pullback we're ready to move lower. This change in sentiment comes from the news that Russia has begun to withdraw troops off of Ukraine's borders but still looking to show off it's military power in drills that will take place in the future. Western media were salivating for war with Russia, an enemy it has built up in recent years, but in leaked wikileaks cables from 2008, Russia predicted the destabilization of certain Ukraine regions once the West tried to push into Ukraine because pro-Russian communities would begin to fight back. This has since come into fruition since 2014 and so Russia are clearly not acting on a whim, but rather a strategic posturing I would call recent events. Putin has not been afraid to downplay the strength of the Russian military in comparison to that of certain Western countries so it doesn't come as an ego damage that he would remove some troops. We'll see how this plays out but the situation has been overly exaggerated and now we will see outflows from safe havens if the above still holds through in the days and weeks to come.
TVC:USOILShort
by UnknownUnicorn15362357
2
AUDUSD Long Term ShortFundamental Insight: Clear down trend and good non sense correction. Another dovish RBA press conference confirmed that this still fundamentally correct short and we are scale in short position. At the otherside, the hike expectation from Federal Reserve is keep growing, Bank of America projectiong 7 hikes this year as Fed was confirmed that they are already behind the curve. Of course there always possibility for price to not go directly into our expectation. And if it is so, we will averaging loss carefully into this pair. So this could be a multiple entry short.
Short
by TradingCocktail