DOT/USDT 4HInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a 4-hour timeframe. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $6.89, if the support is broken then the next support is $6.65 and $6.31.
Now let's go from the resistance line, as you can see the first resistance is $7.18, if we break it, the next resistance will be $7.32, then we have a strong zone from $7.43 to $7.54 when price breaks it next resistance it's $7.70.
Looking at the CHOP indicator, we see that there is still energy to continue the move, the MACD confirms the ongoing downtrend, while the RSI has a significant rebound and we are approaching the lower limit of the range
Shortterm
Bitcoin Supply ZoneHello traders
As you know bitcoin started to turn bullish weeks ago, market greed has increased, and dominance is above 42%.
On a day to day charts and the short term, Bitcoin hit a supply zone that is pretty strong in every timeframe.
I see a rejection from that zone, and I think this rejection might create a bearish momentum for the short term; in other word, I will call it a correction for a bullish trend.
I screenshotted a metric from Glassnode called realized Profit/loss Ratio, which shows that most of the network wallets are currently in profit. This is a risk for a price.
Note that this is an Intraday analysis and is only valid for a couple of days or even hours.
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What is your opinion? Comment below.
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Good luck.
Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $24756, if the support is broken we have a support zone from $24484 to $24273, and the next support is $24046 and $23733.
Now let's move to the resistance line, as you can see the first resistance is $25,248, if we manage to break it, we can see a rapid increase to around $26,426.
Looking at the CHOP indicator, we see that the energy is slowly rising, the MACD indicates a local downtrend, while the rsi is approaching the upper limit of the range, which may give the price a rebound.
Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has broken above the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $24574, if the support is broken then the next support is $24287, $24063 and $23845.
Now let's move on to the resistance line, as you can see the first resistance is $25040, if you manage to break it, the next resistance will be $25246, $25433 and $25719.
Looking at the CHOP indicator, we see that most of the energy has been used, the MACD indicates the maintenance of the local downtrend, while the RSI is moving at the upper end of the range, which may give the price a rebound.
SOL/USDT 4HInterval Resistance and SupportHello everyone, let's look at the SOL to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $23.46, if the support is broken then the next support is $23.12, $22.86 and $22.63.
Now let's move on to the resistance line, as you can see the first resistance is $24.17, if you manage to break it, the next resistance will be $24.75 and $26.46.
Looking at the CHOP indicator, we see that there is still a lot of energy, the MACD is on the verge of entering a local uptrend, while the RSI is moving in the upper part of the range.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has broken above the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $24587, if the support is broken then the next support is $24136, $23795 and $23429.
Now let's move to the resistance line, as you can see the first resistance is $25,112, if you manage to break it, the next resistance will be $25,636, $26,040 and $26,453.
Looking at the CHOP indicator, we see that the energy has been used, the MACD confirms the local uptrend, while the RSI has crossed the upper limit of the range, which indicates a needed price rebound.
XRP - USDT on 4H interval Targets and StoplossI invite you to review the XRP chart against USDT, taking into account the four-hour interval. First, we will use the yellow lines to mark the downtrend channel in which the price is moving.
Moving on, we can move on to marking the support areas when the price starts to reverse. And here in the first place we have a support zone from $0.38 to $0.37, when the price falls below this zone we have a second zone of strong support from $0.35 to $0.33.
Looking the other way, we see that the price has reached the resistance point at $ 0.39, which so far has no strength to break. However, if it manages to break out above, we have a second support at $0.40, then a resistance zone from $0.41 to $0.42, and then resistance at $0.43.
Please look at the CHOP index, which indicates that most of the energy has been used, the MACD indicates that we are moving in a local uptrend, while the RSI shows a significant increase and we are approaching the upper end of the range, where the price often has a rebound.
Gold Price Prediction at the Announcement of CPI Data ReleaseSo I predict that there will be a bounce towards the price of 1880, after that whether immediately or slowing down, Gold will decline again. The profit target is at the price of 1776.
Note: Remember, this is not financial advice. Always follow your own analysis. Thank you and good luck.
SOL - USDT 4HChart, ShorttermHello everyone, let's look at the SOL to USDT chart on a 4-hour time frame. As you can see, the price has returned above the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is the zone from $22.07 to $21.65, if the support is broken then the next support is $21.32 and below we have the second zone from $20.98 to $20.98 $20.50.
Now let's go from the resistance line, as you can see the first resistance is $22.76, then we have the resistance zone from $23.09 to $23.55, the next resistance at $24.10, then the price will move towards strong resistance at $25.73 $
Looking at the CHOP indicator, we see that the energy has been used, the MACD indicates a local uptrend, while the RSI is moving in the upper part of the range.
DOT / USDT 1H CHART - Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a 1-hour timeframe. As you can see, the price is moving above the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $6.03, if the support is broken then the next support is $5.96, $5.90 and $5.84.
Now let's go from the resistance line, as you can see the first significant resistance has been broken, the second resistance is $6.36, if you manage to break it, the next resistance will be $6.65.
Looking at the CHOP indicator, we see that the collected energy is used for the current increase, the MACD indicates a local uptrend, while the RSI has approached the upper limit of the range, which may give a temporary rebound.
SOL - USDT 4HChart, resistance and supportHello everyone, let's look at the SOl to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the price is currently based on the support at $20.30, if the support is broken we can see a rapid drop to around $16.29.
Now let's go from the resistance line, as you can see the first resistance is $21.38 if you manage to break it the next resistance will be $22.46, 23.26 then a strong resistance zone from $24.10 to $25.28 .
Looking at the CHOP indicator, we see that the energy is exhausted, the MACD is on the verge of returning to an uptrend, while the RSI is moving in the lower range and there is room for growth.
BNB / USDT 1H INTERVAL, STOPLOSS AND TARGETSHello everyone, let's look at the BNB to USDT chart on a 1-hour timeframe. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $326.4, if the support is broken then the next support is $324.2, $322.2 and $319.2.
Now let's move to the resistance line, as you can see the first resistance is $330.2, if you manage to break it, the next resistance will be $332.7, $335.9 and $340.1.
Looking at the CHOP indicator, we see that we have a lot of energy for the next move, the MACD is on the verge of entering a downtrend, while the RSI has a rebound.
ETH Swing long trading setupHello guys
lets take a look at ETH/USDT Chart in Daily timeframe.
the price is struggling with 1260 level.
according to the temporary Bullish sentiment in market
i think price will surge to 1400 level.
where we have a strong Trendline and 61.8% Retracement Level of last price LEG
also a divergence seen between RSI and price recently that can improve this run.
at all i think price will reach a critical point drawn in my chart.
Dont Forget to set a suitable SL and manage your risk.
thank you for your attention
please share me your opinion in comments so i will be happy :)
GOOD LUCK
Daily review of BTC interval 1HHello everyone, let's look at the BTC to USDT chart on a 1-hour time frame. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $22772, if the support is broken then the next support is $22535 and $22335.
Now let's move to the resistance line, as you can see the first resistance is $23042, if you manage to break it the next resistance will be $23298, $23498 and $23708.
Looking at the CHOP indicator, we see that there is more and more energy for the next move, MACD indicates a local uptrend, RSI moves in an uptrend.
We can also see that the EMA Cross 10 is approaching a cross from the bottom of the EMA Cross 30, which would confirm the entry into a local uptrend.
Daily review of BTC interval 1HHello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price is moving in the local uptrend channel.
Let's start with the support line and as you can see the first support in the near future is $23542, if the support is broken then the next support is $23364, $23124 and $22810.
Now let's go to the resistance line, as you can see the first resistance is $23635, if you manage to break it, the next resistance will be $23893, $24099 and $24315.
Looking at the CHOP indicator, we see that there is a lot of energy that is being used for the current increase, the MACD is on the verge of entering a local uptrend, while the RSI indicates a rebound and room for further increases.