DOT/USDT 4HInterval Review ChartHello everyone, welcome to the DOT review in tandem with USDT. First of all, we will use the yellow line to mark the downtrend, as we can see the price tried to break above this line, but this attempt failed and the price quickly turned around.
Going further, we can move on to marking support areas in a situation where the correction will deepen. And here we first have a support zone from $4.48 to $4.38, then we have strong support at $4.27, then another support at $4.13.
Looking the other way, we see that the price did not hold above the first resistance zone from $4.63 to $4.84, we see that we touched the second zone from $4.78 to $4.84, but there was no energy to go further when it will move towards the $4.94 to $5.06 strong zone.
Please look at the CHOP index, which shows that the energy is slowly gaining strength, the RSI has a strong rebound, although there is still room for price to fall, and looking at the STOCH index, we see that most of the energy has been used up and there is some room for further movement.
Resistence
BNB Chart Review 4H IntervalI invite you to review the BNB chart on a four-hour interval. As we can see, the price has broken the downtrend line and is now struggling to stay above it, while currently we will use the blue lines to mark the uptrend channel in which the price is approaching the lower limit.
After unfolding the Fib Retracement grid, we can mark the support zone from $219 to $215, when this zone is broken, there is support at $210, and then we have support at $203.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price is now back below the resistance at $225, then we have resistance at the golden fibon point at $230, from which the price rebounded, only when it breaks up we will move towards the resistance at $238.
The CHOP index indicates that the energy has been consumed in the last increase and during the current recovery there is an accumulation, on the RSI we have a visible recovery after overheating but there is still room for the price to go lower, the same is indicated by the STOCH indicator which shows the place for us to fall to the support zone.
ETH/USDT 1HInterval Review ChartHello everyone, let's take a look at the ETH to USDT one hour chart. As you can see, the price is moving above the first and second lines of the local uptrend.
After unfolding the Trend Based Fib Extension grid, we see that first there is a support zone from $1715 to $1705, then there is a second zone from $1696 to $1683, then support at $1666, and then strong support at $1616.
Looking the other way, we can similarly determine minor resistances and here we will first mark the resistance zone from $1733 to $1751, then the resistance at $1765 and the strong resistance at $1780.
Looking at the CHOP indicator, we see that the rebound gathered a lot of energy, on the RSI we have a rebound with room for a further decrease in price, while the STOCH indicator shows room for growth, however, the upward move gives a small price movement on the chart, which may result in a price drop in the next hours .
BTC QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update. After the positive news of Grayscale's wins against the SEC, the market broke the long boring range. But the question is, is this enough to start a bullish rally? Let's find out....
As you see in the chart, BTC is forming a rising wedge-like structure in the daily time frame and it broke down. Now looks like it is going for a bearish retest.
We have a very strong resistance at the $28k- FWB:29K level. As of now price showing initial rejection from this level but in the short term we might see another test of this zone and after that real fall begins.
Overall the structure looks bearish. In the short term, we might see some greenery for a few days and after that another dump.
What do you think about this?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
XAUUSD - Price Action - Today's Key Zones - London/NY SessionToday's potential trades for #XAUUSD -
OANDA:XAUUSD
It's around 40 pips between today's support/resistance zone. If there's no breakout, we may have to trade within this range.
If there is a breakout of today's support/resistance zone, it will come at these levels.
📈Potential Buys on close above 1938.211
📉Potential Sells on close below 1934.294
Once the price has closed above/below, we will look for an entry on a smaller timeframe.
Our targets for today:
Buys:
Close Part of your trade/TP1 at 1942.879 and set SL to BE (or at around 20-40 pips)
Close Full/TP2 at 1949.477 (or at around 70-100 pips)
Sells:
Close Part of your trade at 1930.096 and set SL to BE (or at around 20-40 pips)
Close Full at 1924.891 (or at around 70-100 pips)
Happy trading all 🤑
BTC/USDT 1D Strong Upward MovementHello everyone, let's take a look at the BTC to USDT chart in a one-day timeframe. As you can see, the price is moving strongly towards the downtrend line, but still stays below it.
When we unfold the FIb Retracement grid, we see that the first support is at $27,506, then the second support is at $26,277, and then the third support is at $24,820.
Looking the other way, first resistance is at $28,392, then we have a strong resistance zone from $29,221 to $30,364 and then strong resistance at $31,807.
Looking at the CHOP indicator, we see that the energy is increasing with the price movement, on the RSI we have an increase with room for the price to go higher, also on the STOCH indicator we have a significant increase and some room for the price to go higher.
ETH update Hey guys hope you all are doing well.
From last 3 days Ethusdt is moving 20$ up and down .
For ETH it is very important to break the 1700$ level for upward movement. But if ETH can't manage to hold the support area of 1635$-1625$ we may see more drop in ETH price.
Given in chart -
Support area:- 1635$
Local Resistance:-1700$
BTC/USDT 1H Interval Review Short-TermHello everyone, let's take a look at the BTC to USDT chart on a one-hour time frame. As you can see, the price has moved sideways from the local downtrend line.
After unfolding the Fib Retracement grid, we see that the price holds before the support zone from $26085 to $25913, then there is support at $25668 and then at $25350.
Looking the other way, first resistance is at $26,174, then second resistance at $26,295, then we have a strong resistance zone from $26,422 to $26,594, then strong resistance at $26,809.
Looking at the CHOP indicator we see that there is a lot of energy for the upcoming move, on the RSI we are back around the middle of the range, however looking at the STOCH indicator we see that there is still energy for the price to go lower.
XRP 4H Chart ReviewHello everyone, I invite you to review the chart of XRP in pair to USDT, on a four-hour interval. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range.
Moving on, we can move on to marking support areas when we start a larger correction. However, here, after unfolding the Fib Retracement grid, we see that the price is holding a strong support zone from $0.55 to $0.46.
Looking the other way, we can mark two resistance zones, the first zone from $0.58 to $0.63, and then we have the second resistance zone from $0.69 to $0.76, only when we manage to overcome them we can move towards resistance at $0.85.
When we turn on the EMA cross 200, we see that the price quickly returned to the blue line of the moving average 200, which indicates a quick return to the downtrend.
On the CHOP index, we can see that there is a lot of energy for the upcoming move, on the RSI we have a rebound and sideways movement around the middle of the range, while the STOCH indicator starts to turn around, which may indicate a price increase in the coming hours.
BTC to USDT on 1H Interval ReviewHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the interval of one hour. First, we will use the blue lines to mark the downward channel from which the price went up at the uptrend line, but now we can mark the local channel in which the price dynamically went down.
In order to determine price support, we will lay out the trend based fib extension grid, and we see that price has gone down to $25,801 support, then we have a strong support at $25,525, and then a third very strong support at $25,157.
Looking the other way, we can determine the places of resistance in a similar way. We will first mark resistance at $26,210, once it is broken, the price has a resistance zone from $26,430 to $26,603 on its way, and when it manages to break above this zone, the price will have to break through the resistance at $26,776.
When we turn on the EMA Cross 10 and 30, we see a place of a strong price drop where the red line of the ema cross 10 crossed the green line from above, which confirmed the return to the downtrend.
Please pay attention to the CHOP index which indicates that most of the energy in this downward move has been used up, the RSI also has a rebound to the lower part of the range, while the STOCH indicator indicates that the energy in this move is exhausted, which may stop the price falling further.
ETH/USDT 1HInterval Review ChartHello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price is trying to stay on the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $1646, in case of a support break the next support is $1633, $1613 and $1589.
Looking the other way, we first have a resistance zone from $1664 to $1682, then there is resistance at $1696 and then resistance at $1710
Looking at the CHOP indicator, we see that there is a lot of energy gathered, the RSI is moving sideways, while the STOCH indicator moves up with room for the price to enter a higher level.
BTC/USDT 1H Interval Review ChartHello everyone, I invite you to review chart on the BTC to USDT pair, taking into account the time interval of one hour. First of all, we will use the yellow line to mark the local downtrend line, from which the price is trying to break out to the top.
Now we can move on to marking the places of support in the event of a correction. And here we first see price holding at the $25908 support, however when we go below that support we can see a drop to around $25609 and then to the strong support of $25238.
Looking the other way, in a similar way using the Fib Retracement tool, we can determine the places of resistance. First, we will mark the resistance zone from $25983 to $26179, when we manage to break it, we have resistance at $26372, then there is resistance at $26650, then strong resistance at $27004.
Please pay attention to the CHOP index which indicates that the energy is gathering more and more strength, the RSI shows an increase to the middle of the range with a place for the price to go higher, while the STOCH index is in recovery which may indicate that it will fall a little lower.
EURCHF - BEARISH MOVE📉Hello Traders👋🏻
Yesterday, The EURCHF Price Reached The Support Level (0.96771 - 0.96438)
Currently, This Key Level is Broken (Support Becomes New Resistance Level)🔥
So, I Expect a Bearish Move📉
i'm waiting for a retest...
-----------
TARGET: 0.95185🎯
___________
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
A Closer Look at the Dow JonesLast week was volatile on the markets. Many indices have been corrected (a fall in value after a previous period of rise).
The fear of interest increases following the speeches of the members of the FED and the Chinese economy which worries despite the support plans of the Chinese government.
I am therefore focusing today on the Dow Jones.
Founded in 1896 by Charles Dow and Edward Jones, the Dow Jones is an index made up of 30 major American companies. It reflects the overall health of the stock market in the United States.
Bullish Scenario: Testing the Waters
In the wake of last week's turbulence, the Dow Jones is now poised to challenge its previous resistance level, which had effectively capped its price for the past year. The close of trading on Friday witnessed a late-day surge in stock prices, indicating a resurgence of buying interest. The candlestick chart suggests a potential rebound, bolstered by a concurrent bounce on the oblique support line.
Bearish Scenario: Keeping a Watchful Eye
However, it is prudent to consider the bearish scenario as well. If the current support line fails to hold, there exists a possibility that prices could find support at the 200-day moving average, an essential metric used to assess longer-term market trends. Failing this, the next support level looms around the 32,500 point threshold.
In conclusion, the Dow Jones remains in the spotlight as investors navigate through this period of market volatility. Its performance in the coming weeks will undoubtedly serve as a litmus test for the broader U.S. stock market, shedding light on the intricate interplay of economic factors and investor sentiment.
LTC/USDT 4H Interval ReviewHello everyone, I invite you to review the LTC chart on the four-hour interval. As we can see, the price is moving below the main downtrend line, while locally we can see that the price is moving sideways from the local downtrend line.
Let's start by marking the price support points and we see that we first have strong support at $53.39, but if the price goes lower then we have another support at $44.74 and then a strong support zone from $37 to $31 $.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price is currently fighting resistance at $66.59. There is still resistance at $72.97, once price breaks it it will move towards resistance at $78.28, and then it has to break through the strong resistance zone from $83 to $91.
The CHOP index indicates that there is a lot of energy for the upcoming move, on the RSI we see an increase towards the middle of the range despite very little price movement, while the STOCH indicator is moving in the upper part of the range, which may affect the price drop in the coming hours.
resistance level Jammu & Kashmir Bank (J&K Bank), incorporated in Jammu & Kashmir, India, is a publicly held banking company engaged in providing a wide range of banking services including Retail Banking, Corporate Banking & Treasury Operations.
It is the only Private Sector Bank in the country assigned with responsibility of convening State/UT Level Bankers’ Committee (SLBC/UTLBC) meetings.
Key Ratios - Q2 FY23
Capital Adequacy Ratio - 12.86%
Net Interest Margin - 4.04%
Gross NPA - 7.67%
Net NPA - 2.10%
CASA Ratio - 54.69%
Branch Network
At present, the bank has 980+ branches and 1,400+ ATMs. 83% and 89% of all branches and ATMs are located in the state of J&K.
BTC/USDT 1H Interval Short-TermHello everyone, let's look at the BTC to USDT chart on a 1-hour timeframe. As you can see, the price has moved downwards from the local triangle.
Let's start with the support line and as you can see the first support in the near future is the zone from $25782 to $25618, then there is the second zone from $25462 to $25226, and then support at $24933.
Now let's move on to the resistance line, as you can see the first resistance is $26102, if you break it the next resistance will be $26400, then there is the resistance zone from $26632 to $26867 and then the resistance at $27205.
Looking at the CHOP indicator, we see that there is still some energy left for the move, the RSI is moving at the lower limit which may give the price a rebound in the coming hours, and the STOCH indicator turns around the middle of the range, which has stopped the price rebound.
MKR 4H Interval Chart ReviewHello everyone, I invite you to review the chart of MKR in pair to USDT, on the four-hour interval. As we can see, the price has left the bottom of the uptrend line.
After unfolding the trend based fib extension grid, we can see that the price is currently holding a small support zone from $ 1117 to $ 1086, while we still have support at $ 959, however, when we fall below this support, we can see a quick move to the support area at the price $704.
Looking the other way, we see that first there will be a resistance zone from $1192 to $1256, then we have a second zone from $1321 to $1414, and then a very strong resistance at $1531.
Please look at the CHOP index, which indicates that the energy in the current downward movement has been used, on the RSI we are moving at the lower limit of the range, but on the STOCH indicator you can see that a large movement on the indicator results in a small price movement, which may translate into deeper declines.
SOL/USDT 4H IntervalHello everyone, I invite you to review the SOL chart on a four-hour interval. As we can see, the price came out of the uptrend line along which we were moving.
Let's start by marking the support spots for the price and we see that we first have support at $20.22 which kept the price down, but if the price goes lower then we have another support at $16.86, then support at $12.73 $.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we will mark the resistance zone from $24.65 to $26.10, then we have a second zone from $27.59 to $29.63, and then we have strong resistance at $32.27.
The CHOP index indicates that the energy has been used up and is slowly starting to bounce back, on the RSI we are moving at the lower end of the range, which may limit further price decline, and on the STOCH indicator we have a visible rebound that confirms the price rebound after the decline.
BTC/USDT 4H Review ChartHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving in the downtrend channel.
Today we could see a strong downward movement in the price and in this situation the price fell below the strong support and now we have support at $26894 and then we have strong support at $25547.
Now let's go from the resistance line, as you can see the first resistance is $29190, if you manage to break it the next resistance will be $30197 and then we have a resistance zone from $31046 to $31894.
When we look at the CHOP index and the RSI and STOCH indicators, we can see that in the four-hour interval, the energy on each indicator was heavily depleted.
XAUUSD - Price Action - Today's Key Zones - London/NY SessionToday's potential trades for #XAUUSD - OANDA:XAUUSD
It's around 60 pips between today's support/resistance zone. If there's no break out, we may have to trade within this range.
If there is a breakout of today's support/resistance zone, it will come at these levels.
📈Potential Buys on close above 1907.84
📉Potential Sells on close below 1904.13
Once the price has closed above/below, we will look for an entry on a smaller timeframe.
Our targets for today:
Buys:
Close Part of your trade at 1911.03 and set SL to BE (or at around 20-30 pips)
Close Full at 1914.51 (or at around 70 pips)
Sells:
Close Part of your trade at 1898.07 and set SL to BE (or at around 20-30 pips)
Close Full at 1893.87 (or at around 110 pips)
Happy trading all 🤑