Get started

Resistance_level

ETHBTC support and resistance areasSupport and resistance are created by the decision making of market participants, as they operate within an environment of uncertainty. Decisions to buy or sell are made through referencing current price against previous areas which caused significant emotional response, in particular those areas which led to regret of missing out on opportunity, or those areas which trapped traders in losing positions. There are other factors involved, not least of which is the simple self-fulfilling prophecy.
by Deviantor_Wayne
BTC close to support, approaching the exit of the triangleHello everyone, let's take a look at the BTC to USDT chart over the 1 hour timeframe. As you can see, the price moves sideways in the triangle marked with blue lines in which we are approaching to leave it. Let's start with the designation of the support line and as you can see the first support where the price is currently at is $ 29,670, if the support breaks down, the next one is $ 29,122 and $ 28,521 and $ 27,726. Now let's move from the resistance line as you can see the first resistance is $ 30,412, if you can break it the next resistance will be $ 31,401 and $ 32,691. Looking at the CHOP indicator, we can see that in the interval of 1 hour we begin to regain energy.
by cryptodailyuk
1
FTM has a correction and is back in the support areaHello everyone, let's take a look at the FTM to USDT chart on the 1H interval. As you can see, the price is moving in the triangle 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 $ 0.3772, if the support breaks down, the next ones are $ 0.3478 and $ 0.3247 and $ 0.2847. Now let's move from the resistance line as you can see the first resistance is $ 0.4256, if you can break it the next resistance will be $ 0.4740 and $ 0.5349 and $ 0.6148. Looking at the CHOP indicator, we can see that in the 1H interval we have exhausted energy.
Short
by cryptodailyuk
ADA on support, lots of energy for 1H interval.Hello everyone, let's take a look at the ADA to USDT chart on the 1H time frame. As you can see, the price moves sideways in the triangle delineated 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 SL1 - $ 0.5296 where the current price is, if the support breaks, the next one is SL2 - $ 0.5048 and SL3 - $ 0.4801 and SL4 - $ 0.4429. Now let's move from the resistance line, as you can see, the first resistance is T1 - $ 0.5936, if you manage to break it, the next resistance will be T2 - $ 0.6520 and T3 - $ 0.7122 and T4 - $ 0.7971. Looking at the CHOP indicator, we can see that in the 1H interval we have a lot of energy, please be careful in the coming hours. The MACD indicator shows that the blue line crosses the red one from above which may give a local downward trend.
by cryptodailyuk
1
BTC SHORT 1 HOUR INTERVALHello everyone, let's take a look at the BTC to USDT chart over the 1 hour timeframe. As you can see, the price moves sideways in the triangle delineated 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 $ 29,081, if the support breaks down, the next one is $ 28,523 and $ 27,723. Now let's move from the resistance line as you can see the first resistance is $ 29,538, if you can break it the next resistance will be $ 29,779 and $ 30,020 and $ 30,363. Looking at the CHOP indicator, we can see that we have a lot of energy in the 1 hour interval, and the MACD indicator shows that the blue line is moving above the red line, which indicates a temporary upward trend.
by cryptodailyuk
SOL moves between support and resistanceHello everyone, let's take a look at the SOL versus USDT chart over the 1 hour timeframe. As you can see, the price is moving sideways and is 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 $ 51.11, if the support collapses, the next one is $ 48.41 and $ 45.72 and $ 42.01. Now let's move from the resistance line as you can see the first resistance is $ 55.82, if you can break it the next resistance will be $ 59.98 and $ 66.16. Looking at the CHOP indicator, we can see that there is some energy left in the 1 hour range, while looking at the MACD indicator, we can see that the blue line is approaching the intersection of the red line from the top, which could change for a local downward trend.
by cryptodailyuk
GOLD- been a good one for goldHello everyone As XAUUSD making a green bar in weekly. we can see a bull channel taking form in 4 hours and lower time frames.If we consider the buy volume which we got from less than 18 hours ago, we may get to see the price exceed 1860$ by the end of the week. The double bottom pattern shows a good amount of buy in 4 hours chart, considering the exhaustion of bulls and to have a healthy bull trend we need some accumulation in some levels.This might happen under the 1850$ resistance level, but if the accumulation happens above 1850$ then we may get a bull flag pattern which will show a better future for GOLD.
OANDA:XAUUSD
by HubAlgo
Will BNB stay above the current support?Hello everyone, let's take a look at the BNB to 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 $ 290, if the support breaks down, the next one is $ 277 and $ 266 and $ 255. Now let's move from the resistance line as you can see the first resistance is $ 317, if you can break it the next resistance will be $ 339 and $ 371 and $ 414. Looking at the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy, but the MACD indicator shows that the blue line is under the red line, which may result in a downward trend.
by cryptodailyuk
Will BTC stay above support? 1H interval.Hello 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 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 $ 29,088, if the support breaks down, the next one is $ 28,466 and $ 27,696 and $ 26,719. Now let's move from the resistance line as you can see the first resistance is $ 29,828, if you can break it the next resistance will be $ 31,753 and $ 33,323. Looking at the CHOP indicator, we can see that in the 1 hour interval the energy begins to increase, while the MACD indicator shows a downward trend, however, the blue line begins to change direction, so it is worth watching.
by cryptodailyuk
GBPUSD SHORT ANALYSISIn the long run, we've been in a downtrend which means shorting opportunities is the goal. Using the Fibonacci from the previous swing high in the 1.24000 zone to swing low at 1.21563 we can see that we're having a pullback and expecting a bearish continuation at the 38.2 or 50 FIB levels which were previous supports turned resistance. Love to hear your thoughts in the comments. NB: This is not trade/Financial advice. Any position you take is of your own will and Money management is advised
Short
by King_Hyelx
Targets and stop loss ETH for the coming hoursHello 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 triangle of the downturn channel. Let's start by designating short term stop losses, as you can see: SL1 - $ 2014, SL2 - $ 1973 and SL3 - $ 1933. Now let's move on to determining the targets that we should take into account in the coming hours: T1 - $ 2,085, T2 - $ 2,153 and T3 - $ 2,225. Looking at the CHOP indicator, we can see that at the 4H interval, the energy starts to rise again, while the MACD indicator shows an uptrend.
by cryptodailyuk
1
BTC returns to the support zone after a strong correctionHello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, the price has dropped and remains just below the uptrend. Let's start with the designation of the support line and as you can see the first is a fundamental support zone from $ 31,251 to $ 28,798, if the support breaks down, the next is $ 25,674. Now let's move from the resistance line as you can see the first resistance is $ 31,858, if you can break it the next resistance will be $ 34,892 and $ 37,459. Looking at the CHOP indicator, we can see that the energy has been used in the 1-day interval, while the MACD indicator shows a downward trend.
by cryptodailyuk
2
BNB lost $300 support!Today BNB lost the crucial support zone between $303 -295. If this level had been held BNB would have had many chances to return in the consolidation area within a few days. $300 support breakout occurred in relatively high volume. Two & a half hours before the daily candle close and BNB is already fighting the next essential support at $300. Unfortunately for the bulls, the probabilities are with the bears. (If this candle close near $260). Next support and the most essential of all is at $212. If you are still holding BNB it’s unwise to sell the dip. Even if the dip is at $212. If you are looking for a good entry for short position, it’s not the good time. Wait for the $260 breakdown and the retest as resistance before making your moves. This break occurred due to LUNA/UST events. Nothing more. (In the short term of course) Crypto maker is in extreme fear and that’s more bullish than bearish. Remember investing is a probability game. Not a financial advice. Always do your own research.
B
by Rhaonnor
LUNA rebounds after huge dropsHello everyone, let's take a look at the LUNA to USDT chart on a 15-minute time frame. Let's start with the designation of the support line and as you can see the first support in the near future is $ 3.22, if the support is broken, the next ones are $ 2.71 and $ 2.29 and $ 1.92. Now let's move from the resistance line, as you can see the first resistance is $ 5.18, if you can break it the next resistance will be $ 7.97 and $ 10.22 plus $ 12.46. It is worth remembering that LUNA is in a difficult situation, which makes the rate change dynamics very fast. We should be especially careful!
by cryptodailyuk
4
Bank Nifty Intraday StrategyHi Everyone :)) Hope you all are doing good... Here is all the important levels of Banknifty........... We can see very clearly that banknifty try to go up from the level of 34700-34800 but face selling from the upper side in the market... Let's see How to trade today........... 1. If Banknifty open near the level of 34000 or go near the 34000 with out gap down opening then go for the CE till the levels 34400 then 34700 2. If Banknifty open near the level of 34700-34800 then go for the PE till the target of 34400 then 34000 That's all for the day remaining all the levels are marked in the chart very clearly so see chart carefully. Also make your trading system as simple as you can.....:))
NSE:BANKNIFTY
by StockSelection
Will ETH use energy to reverse the trend?Hello everyone, let's take a look at the ETH to USDT 1 week chart. As you can see, the price has dropped below the uptrend channel. Let's start with the line of support and as you can see the first support in the near future is $ 2155, then we have a fundamental support zone from $ 1856 to $ 1694. Now let's move from the resistance line as you can see the first resistance is $ 2,811, if you can break it the next resistance will be $ 3,195 and $ 3,528. Looking at the CHOP indicator, we can see that in the interval of 1 week, despite the correction, we have a lot of energy.
by cryptodailyuk
1
Will BTC be able to rebound in the coming weeks?Hello everyone, let's take a look at the BTC to USDT chart in 1 week. As you can see, the price is approaching the uptrend line and we are at a point where price has already rebounded twice. Let's start with the support line and as you can see we are currently in the support zone from $ 31,251 to $ 28,798, if the support breaks down the next is $ 17,910. It is worth noting that we currently have a second correction around (55-56)%, it is possible that if the price remains in the support zone, we will experience another upward phase. Now let's move on from the resistance line as the first resistance is $ 39,444, if you manage to break it, the next resistance will be $ 45,148 and $ 49,712. Looking at the CHOP indicator, we can see that in Week 1 some energy has been used for the current price decline, but as you can see there is still a lot of energy left, so be careful.
by cryptodailyuk
2
BTC drops to around $ 34,000Hello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, the price has dropped below the local uptrend channel. Let's start with the designation of the support line and as you can see the first support in the near future is $ 34,330, if the support breaks, the next one is $ 32,887, then we have a fundamental support zone from $ 31,251 to $ 28,798. Now let's move from the resistance line as you can see the first resistance is $ 37,519, if you can break it the next resistance will be $ 39,573 and $ 41,190. Looking at the CHOP indicator, we can see that in the 1-day interval, despite the movement, there is still a lot of energy, while the MACD indicator shows a downward trend because the blue line crossed the red one from above and is below it.
by cryptodailyuk