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Resistance_level

BTC is back to around $ 30,000Hello everyone, let's take a look at the BTC to USDT chart over the 1 hour timeframe. As you can see, the price has dropped below the local uptrend line. Let's start with determining the support line and as you can see the first support is $ 29,869, which is now the price, if the support breaks, the next one is $ 29,166 and $ 28,287. Now let's move from the resistance line as you can see the first resistance is $ 30,489, if you can break it the next resistance will be $ 30,840, $ 31,140 and $ 31,439. Looking at the CHOP indicator, we can see that the energy has been depleted within 1 hour, while the MACD indicator shows a local downward trend.
by cryptodailyuk
1
BTC broke the resistance.Hello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price came out of the triangle top. Let's start with the designation of the support line and as you can see the first support in the near future is $ 31,391, if the support breaks down, the next ones are $ 30,719 and $ 30,249 and $ 29,711. Now let's move from the resistance line as you can see the first resistance is $ 33,373, if you can break it the next resistance will be $ 34,952 and $ 37,170. Looking at the CHOP indicator, we can see that in the 4-hour interval most of the energy has been used for the current price increases.
by cryptodailyuk
1
Nifty Important levels for Wednesday 01.06.22Here are some important levels for nifty for 01.06.2022- Nifty has formed double top in 75 min time frame, and in 15 min time frame it broke its previous swing low. Hence it can be considered in retrenchment mode if we consider daily time frame. In this case we have to wait for tomorrow’s opening to predict its resistances and support levels. If nifty crosses today’s low without breaking today’s high then the trend will be continued. In that case, major support levels will be at 16500, 16288 and 16066. If Nifty crosses the last support level of 16066, then it will again enter into bearish trend. For any opening below 16656 with negative price action crossing CPR at 16590 we can enter in a bearish trade. If nifty crosses 16700 level without breaking today’s low with positive price action, then only we can initiate bullish trade. In that case important resistance levels will be at 16821 and 16912 Highest CE side OI is present at 17000 and for PE side it is at 16500, but in pe side change of OI is in negative but in CE side change of OI is in positive which indicates bearishness in the market. According to India vix at the closing time nifty range for Wednesday will be 210
NSE:NIFTY
by rahulbora11
ETHUSDT is testing the resistance. ready for the breakout?The price got liquidity from the monthly support as I told you in my previous video. the monthly is an important key level on 1700$. Now the price is testing the 1925$ resistance where the price bounced several times it means that this level is so important for the market. How to approach it? The price needs to have a new breakout from the level, thus, the price could retest the previous resistance as new support on 0.618 Fibonacci level, in order to get new liquidity for the next bullish impulse. 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
18
ETH behaves similar to BTCHello 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 in the downtrend channel. Let's start with the designation of the support line and as you can see the price has remained in the fundamental support zone which is between $ 1,856 and $ 1,694. in the current situation we have support at $ 1883 and then there is a support zone. Now let's move from the resistance line as the first resistance is $ 1,936, if you can break it the next resistance will be $ 1,990 and $ 2,069. Looking at the CHOP indicator, we can see that in the 4-hour interval, the collected energy was nicely used to increase the price, and the MACD indicator shows that we are in an uptrend locally.
by cryptodailyuk
BTC is dynamically returning to around $ 30,500Hello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price came out of the triangle you created. Let's start with the designation of the support line and as you can see the first support in the near future is $ 30,413, if the support breaks, the next one is $ 29,688 and $ 29,114 and $ 28,541. Now let's move from the resistance line as you can see the first resistance is $ 31,802, if you can break it the next resistance will be $ 33,371 and $ 34,941. Looking at the CHOP indicator, we can see that in the 4-hour interval, the collected energy was nicely used to increase the price, and the MACD indicator shows that we are in an uptrend locally.
by cryptodailyuk
cable GBPUSD H4 Might Face Resistance @ 1.2700 to 1.2777 Watch the Price Action at Resistance Zone between 1.2700 and 1.2777 A pullback is expected from the above-mentioned resistance zone. Watch out for candlestick formations there. For a good entry also take note of lower time frame candlesticks like H1 and m15 for pinpoint entry. If the price breaks out of this zone then it may retest the level for a long entry. Stay tuned for live coverage of this trading opportunity. Please Like, Follow, and Share my work if you like.
by awan0454
ETCUSDT is testing the 4h resistanceThe price bounced exactly in the 1.127 Fibonacci Extension on 17.25$ and the market started with a triangle on 4h timeframe. now the price is testing the 4h resistance at 24.5$ where the price got a rejection a few days ago. How to approach it? the price needs to have a new breakout from the resistance and retest the resistance 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
2
EURUSD possible upcoming distributionEU is reaching a significant daily resistance zone between 1.08 and 1.09. If it manages to reach 1.085 we can start seeing some more signs of potential distribution here (+fib 0.618-0.786 area confirmation). After that we'll start looking for SELL positions (preferable once we've broken the upcoming structures to the downside). If that happens we can see the price reaching 1.066 (or a push to 1.055 is also a possibility) in the upcoming weeks. However, if we'll see a strong momentum breaking 1.085 and going higher, this setup will no longer be valid and we'll start to look or BUY opportunities. Happy trading!
Short
by GibsonTrades
BTC continues the sideways trendHello 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 below 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 $ 28,551, if the support breaks down, the next one is $ 27,719 and $ 26,727. Now let's move from the resistance line as you can see the first resistance is $ 29,860, if you can break it the next resistance will be $ 31,764 and $ 33,351. Looking at the CHOP indicator, we can see that we have a lot of energy in the 1-day interval, while the MACD indicator shows that the blue line is moving over the red one. When the blue line crosses the red one from above, we can start a further downward trend.
by cryptodailyuk
1
DOT in the downtrend channelHello everyone, let's take a look at the DOT to USDT chart over the 1 day timeframe. As you can see, the price is moving in the downtrend channel. Let's start with the support line and as you can see we are in the support zone from $ 11.36 to $ 8.07, then the first support in the near future is $ 7.28, if the support breaks, the next one is $ 4.34. Now let's move from the resistance line, as you can see the first resistance is $ 11.24, if you can break it the next resistance will be $ 13.68 and $ 15.63 plus $ 17.59. Looking at the CHOP indicator, we can see that we have a lot of energy in the 1-day range, looking at the MACD indicator we can see that the blue line is moving over the red one, but when it crosses the red one from above, it will confirm the continuation of the downward trend.
by cryptodailyuk
BTC is approaching the support areaHello 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 below 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 $ 27,744, if the support breaks down, the next one is $ 26,710 and $ 23,791. Now let's move from the resistance line as you can see the first resistance is $ 29,850, if you can break it the next resistance will be $ 31,772 and $ 33,398. Looking at the CHOP indicator, we can see that we have a lot of energy in the 1-day interval, looking at the MACD indicator, we see that the blue line is above the red line, however, if it crosses the red line from the top, it will confirm the continuation of the downward trend.
by cryptodailyuk
BTC is quickly returning to around $ 29,600 after falling to $ 2Hello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price moves sideways in the channel defined by the blue lines. Despite the fact that today we saw a decline to around $ 28,000, the price quickly returned to around $ 29,600. Let's start with the designation of the support line and as you can see the first support in the near future is $ 29,098, if the support breaks down, the next one is $ 28,520 and $ 27,724. Now let's move from the resistance line as you can see the first resistance is $ 29,677 which price is currently struggling with, if it can be broken the next resistance will be $ 30,372 and $ 31,399. Looking at the CHOP indicator, we can see that we still have a lot of energy in the 4-hour interval, be careful in the hours ahead.
by cryptodailyuk
1
SOL goes to the exit of the triangleHello everyone, let's take a look at the SOL to USDT chart on the 1 hour timeframe. As you can see, the price moves in the local 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 $ 48.41, if the support breaks down, the next one is $ 45.72 and $ 42.01. Now let's move from the resistance line as you can see the first resistance is $ 51.34, if you can break it the next resistance will be $ 55.82 and $ 59.98 and $ 66.16. Looking at the CHOP indicator, we can see that in the 1H interval, energy has energy and starts to grow, while the MACD indicator shows a blue line over the red one, which could confirm the local upward trend.
by cryptodailyuk
1
BNB is climbing the local uptrend lineHello everyone, let's take a look at the BNB to USDT chart on a 1 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 $ 309, if the support breaks down, the next one is $ 291 and $ 277 and $ 264. Now let's move from the resistance line as you can see the first resistance is $ 339, if you can break it the next resistance will be $ 371 and $ 414. Looking at the CHOP indicator, we can see that there is a lot of energy in the 1 hour interval, and the MACD indicator shows that we are in a local uptrend.
by cryptodailyuk
BTC based on supportHello 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 in the channel marked with blue lines, it is worth noting that we are approaching to leave this channel. As you can see, the first resistance is $ 29,872, if you can break it, the next resistance will be $ 31,830 and $ 33,415. Now let's move on to the designation of the support line and as you can see the first support where the price is currently at is $ 29,095, if the support breaks down, the next is $ 28,505 and $ 27,759 and $ 26,715. Looking at the CHOP indicator, we can see that in the 1 hour interval the energy begins to rise, we see that the price moves sideways, therefore leaving the triangle may decide the price direction.
by cryptodailyuk
If BTC is stable, GMT may start to go upHello 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 SL1 - $ 1.29, if the support breaks, the next one is SL2 - $ 1.17 and SL3 - $ 1.02. Now let's move from the resistance line, as you can see, the first resistance is T1 - $ 1.62, if you can break it, the next resistance will be T2 - $ 2.10 and T3 - $ 2.50, T4 - $ 2.90. Looking at the CHOP indicator, we can see that on the 1-day interval we are starting to recover energy, and the MACD indicator indicates an upward trend
by cryptodailyuk
BTC has accumulated a lot of energy in the 1D intervalHello everyone, let's take a look at the BTC to USDT chart over the 1 day timeframe. 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 in the near future is $ 28,497, if the support breaks down, the next one is $ 26,606. Now let's move from the resistance line as you can see the first resistance is $ 29,196, if you can break it the next resistance will be $ 31,763, $ 33,367 and $ 34,914. Looking at the CHOP indicator, we can see that nha in the 1-day range has a lot of energy that we can use in the near future, although the MACD indicator indicates that we should enter an uptrend. Be especially careful and use stop loss when trading.
by cryptodailyuk