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Resistance_level

BTC drops below the ATH from the previous bull marketHello 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 under the 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 $ 17,506, if the support breaks down, the next one is $ 11,781 and $ 8,177. Now let's move from the resistance line as you can see the first resistance is $ 22,064, if you can break it the next resistance will be $ 23,972, $ 25,668 and $ 27,258. Looking at the CHOP indicator, we can see that on the 1-day interval, each energy recovery gives another price drop, and the MACD indicator shows a downward trend.
by cryptodailyuk
The BTC price remains above the ATH from the previous bull markeHello everyone, let's take a look at the BTC to USDT 1 day chart as you can see the price is moving below the downtrend line. Let's start with the designation of the support line and as you can see the first support is $ 19,928 equals ATH from the previous bullish, if the support breaks down, the next one is $ 17,423. Now let's move from the resistance line as you can see the first resistance is $ 22,999, if you can break it the next resistance will be $ 24,763, $ 26,243, $ 27,722 and $ 29,827. Looking at the CHOP indicator, we can see that we have very little energy in the 1-day interval, and the MACD indicator shows that we are still in a downward trend.
by cryptodailyuk
CTKUSDT is testing the monthly resistanceThe price is in consolidation phase above the daily support and below the monthly resistance (0.89) The price got rejections from 0.95$ from the supply zone. How to approach it? IF the price is going to have a breakout from the monthly resistance and 4h resistance and retest it as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
16
[Signal] EURJPY: Safe Haven PlayFX:EURJPY Timeframe: H1 Direction: Short Technical Confluences for Trade: - Price action at Resistance of Ascending Channel - Stochastic Overbought momentum - Widening of the EMAs Fundamental Confluences for Trade: - There is some risk with EUR spiking higher due to the rising inflation situation in Europe but at the same time, global inflation pressure is starting to leave a drag on growth. Risk assets may continue to take a beating and may see some safe haven plays. - Inflationary pressure is starting to pick up in Japan; may see a change in BOJ's monetary stance (reducing the yield differential between the US and Japan) Suggested Trade: Entry @ Area of Interest 139.70 - 140.50 SL: 140.92 TP1: 139.25 (move SL to Entry level once TP1 is achieved) TP2: 137.85 RR: Approx. 3.30 (Depending on Entry Level) May the pips move in our favor! Good luck! :D *This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Short
by weekendanalyst
STOP LOSS AND TARGETS FOR ADA / USDTHello everyone, let's take a look at the ADA vs USDT chart over the 4 hour timeframe. As you can see, the price is moving above the local trendline. Let's start by designating the support line and as you can see the first stop is fate at: SL1 - $ 0.5988 SL2 - $ 0.5688 SL3 - $ 0.5405 and SL4 - $ 0.4986 Now let's move on to the targets that we can set for the nearest future: T1 - $ 0.6527 T2 - $ 0.7121 and T3 - $ 0.7979 Looking at the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy, while the MACD indicator shows that we have entered a local downward trend.
Short
by cryptodailyuk
SOL moves below the downtrend lineHello 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 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 $ 39.26, if the support breaks down, the next one is $ 37.66 and $ 35.69. Now let's move from the resistance line as you can see the first resistance is $ 40.57, if you can break it the next resistance will be $ 42.06, $ 43.49 and $ 45.69. Looking at the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy, while despite the price fluctuations, the MACD indicator shows a local upward trend.
by cryptodailyuk
BTC short, interval 30mHello everyone, let's take a look at the BTC to USDT chart on the 30 minute time frame. As you can see, the price moves in the channel marked with 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 $ 30,119, if the support breaks down, the next ones are $ 29,721 and $ 29,204. Now let's move from the resistance line, as you can see, the first resistance that price is currently struggling with is $ 30,253, if it can be broken the next resistance will be $ 30,501, $ 30,719, $ 30,925 and $ 31,215. Looking at the CHOP indicator, we can see that at the 30-minute interval the energy starts to rebound, while the indicator shows that in the short term we are in a local downward trend.
Short
by cryptodailyuk
1
BNB is fighting the resistance!Hello everyone, let's take a look at the BNB to USDT chart over the 1 day timeframe as you can see the price is moving above the local trendline. Let's start with the designation of the support line and as you can see the first support in the near future is $ 278, if the support breaks down, the next one is $ 264 and $ 244. Now let's move from the resistance line, as you can see, the first resistance that price is currently struggling with is $ 289, if you can break it, the next resistance will be $ 298, $ 306, $ 313 and $ 324. Looking at the CHOP indicator, we can see that we still have a lot of energy in the 1-day interval, while the MACD indicator shows that we are in a local downward trend.
by cryptodailyuk
BTC right on the support!Hello everyone, let's take a look at the BTC to USDT chart on the 1 day time frame as you can see the price is moving in the channel indicated. Let's start with the designation of the support line and as you can see the first support in the near future is $ 30,191, if the support breaks down, the next ones are $ 29,604 and $ 28,912 and $ 17,950. Now let's move from the resistance line as you can see the first resistance is $ 30,448, if you can break it the next resistance will be $ 30,836, $ 31,207, $ 31,730 and $ 32,422. Looking at the CHOP indicator, we can see that we still have a lot of energy in the 1-day interval, while the MACD indicator shows that despite the dynamic movements between $ 32,000 and $ 29,000, we are in the local upward trend.
by cryptodailyuk
1
BABA: Bottom's in, now what?The bottom formation is confirmed with rising Accumulation/Distribution and a nice, controlled base at the low. This is evidence of a Dark Pool Buy Zone, aka accumulation zone, where bargain hunting has occurred. But a bottom formation is a sideways pattern first, before it becomes a sustained uptrend. Resistance overhead is strong, so swing traders should be planning their exit strategies at this time, to get out soon profitably if you took the trade as it moved out of the base. Position traders will have stronger entries with lower risk when bottoms breakout to "complete." We have a market that is range-bound for most stocks, most of the time, which can be a difficult market for KEEPING profits. Bottoms provide some of the most lucrative trades, but it's important to follow a set of rules according to your intent for the trade, to get the best results. You can learn more about this at my website.
NYSE:BABA
by MarthaStokesCMT-TechniTrader
ETH stays in the support zoneHello everyone, let's take a look at the ETH to USDT 1 day chart. As you can see, the price is moving below the downtrend line. Let's start with determining the support line and as you can see the support that should be taken into account is the support zone from $ 1856 to $ 1694 in which the price is currently located. Now let's move from the resistance line as you can see the first resistance is $ 2,153, if you can break it the next resistance will be $ 2,426 and $ 2,649. Looking at the CHOP indicator, we can see that on the 1-day interval we have a lot of energy to make a move, while the MACD indicator shows an upward trend.
by cryptodailyuk
BTC continues the sideways trendHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. 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 $ 29,554, if the support breaks down, the next one is $ 28,889 and $ 27,922. Now let's move from the resistance line as you can see the first resistance is $ 29,977, if you can break it the next resistance will be $ 30,430, $ 30,823 and $ 31,186. Looking at the CHOP indicator, we see that in the 4-hour interval the energy has been used up and we start to collect new energy.
Short
by cryptodailyuk
BTC broke the target short and fights with $ 31,822Hello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. 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 $ 31,100, if the support breaks down, the next one is $ 30,340 and $ 29,619 and $ 28,859. Now let's move from the resistance line as you can see the first resistance is $ 31,822, if you can break it the next resistance will be $ 33,417 and $ 34,974 and $ 37,177. Looking at the CHOP indicator, we can see that in the 1-day interval we still have a lot of energy to use, while the MACD indicator shows that we are in a local upward trend.
by cryptodailyuk