MATIC/USDT 4HIntervalI invite you to review the chart of MATIC in pair with USDT. First, we will use the blue lines to mark the upward trend channel in which the price is fighting at the lower border.
Let's move on to determining the support, and for this purpose we will unfold the trend based fib extension grid, thanks to which we can see a strong support at the level of $0.76, however, if the support is broken and the price leaves the current channel lower, it may result in a price drop close to the height of the channel, which could bring the price to a very strong support zone from $0.61 to $0.53.
Looking the other way, we see that the level of $0.86 has effectively reduced the price, only when we go higher, the next resistance is at the level of $0.95, and then we have a visible strong resistance zone from $1.01 to $1.08. At this point, it is worth defining the local downtrend line, which confirms the $0.95 level, as an important resistance.
It is worth looking at the RSI indicator, which shows a movement in the lower part of the range, which gives room for possible increases, and what is more, the situation looks similar on the STOCH indicator, but it is worth remembering that we are still in a downward trend and a lot depends on the behavior of the BTC price.
Trendanalyse
Bitcoin Bull Flag forming, BTC to 40k?Bitcoin is possibly forming a continuation Bull Flag pattern. Target ~40200
Price is respecting nicely 12H 9EMA as we can see from the chart (same with Total marketcap).
If we break the 9EMA support I think we will go test the Daily 9EMA and Flags bottom level where probably some buyers would show up. (Picture below)
This price action is quite fascinating and the trend seems strong (haven't broken down yet).
Much people are hoping for a Break and Retest on the 32k breakout level, so they can buy their positions. Could be that we won't even get there.
Not financial advice.
My analysis on Crypto Total Marketcap , the most important level I'm following on crypto
-PalenTrade
ETH/USDT 1HInterval ChartHello everyone, I invite you to check the situation of ETH in pair with USDT, also on a one-hour interval. First, we can use the dark blue lines to mark the upward trend channel, from which we can see how the price came out from the bottom and created a local downward trend channel here.
Now let's move on to marking the support places. We will use the Fib Retracement tool to mark supports, and as you can see, the first support is at the price of $2174, then there is a support zone from $2143 to $2101, which keeps the price from falling to the support level of $1981.
Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here we have the first very strong resistance at the price of $2,314, which is at the so-called golden point of 0.618 Fib, and then there is a very strong resistance zone from $2,371 to $2,446.
When we turn on EMA Cross 50 and 200, we can see that they indicate the continuation of the local downtrend. Looking at the RSI indicator, there is still room for a price increase, but the potential is limited by the STOCH indicator, which clearly shows overheating, which resulted in a slight recovery and there is still room for the price to go lower.
Symmetrical Triangle breakdown in BankniftyBANKNIFTY Index
Key highlights: 💡⚡
✅On 15 Min Time Frame Stock Showing Breakdown of Symmetrical Triangle Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 47000-.
✅Can Go short in this stock by placing a stop loss above 48200+.
BTC/USDT 4HInterval ChartHello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is fighting against the local downtrend line.
However, when we unfold the fib retracement grid, we can see that the price is being rejected by a strong resistance zone from $44,770 to $45,957, which is keeping the price from moving towards $48,000.
Looking the other way, there is support at $43,150, second at $42,079, and then a strong support zone from $41,340 to $40,360.
On the RSI indicator, we are moving in the upper part of the range, while the STOCH indicator is in the upper part at the upper limit, which may translate into a price drop.
Nearby supports and resistances for ETHNearby supports and resistances for ETH. As you can see, the price remains below the local downtrend line.
After unfolding the Fib Retracement grid, you can see the current support at $2,207, but it is worth defining a strong support zone from $2,115 to $2,066.
Looking the other way, you can see the resistance that dropped the price at $2,293, and then there is a strong resistance zone from $2,355 to $2,434.
The RSI indicator is near the middle of the range below the downward trend line, while the STOCH indicator still has room to make a downward move.
[INTRADAY] #BANKNIFTY PE & CE Levels(05/01/2024) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 48050 level then possible upside rally of 400-500 points upto 48450 & this rally can extend another 400 points if market gives breakout 48550 level. Any Major downside only expected in case banknifty starts trading below 47950 level.
BTC Short-Term Chart 1HSupports and resistances for BTC in pair with USDT taking into account the time frame of one hour. As you can see, the price returned above the local upward trend line.
After unfolding the Fib Retracement grid, it can be seen that the price is struggling to maintain the resistance at $43,872, and still needs to overcome the strong resistance zone from $44,762 to $45,875.
Looking the other way, you can see support at $42,927, then at $42,050, and then the support zone from $41,421 to $40,620.
Looking at the RSI indicator, we can see a dynamic increase with room for further movement, while the STOCH indicator is reflecting from the upper limit, which may result in a price recovery.
ETC/USDT 4H ChartI invite you to review the ETC chart on a four-hour interval. We will start by defining, using the blue lines, the upward trend channel from which we tried to exit at the bottom. Locally, a yellow downward trend line has formed.
Let's now move on to marking support areas for the price and here, after unfolding the trend based fib extension grid, we can see that the price with dynamic movements returned to the support zone from $20.56 to $19.52, while leaving the zone at the bottom may result in a strong decline even to the vicinity $16.50.
Looking the other way, we can similarly determine the resistance areas that the price must face. And here we can see the $20.76 level again as resistance, after which we can see increases towards the strong resistance zone from $23.12 to $24.38 just at the upper border of the previously mentioned channel.
Looking at the RSI indicator, we can see that we have approached the lower limit, which could have slowed down the decline, but there is still room for recovery, while the STOCH indicator shows a quick rebound from the lower limit, which gives us energy for another price drop.
ETH/USDT 4HInterval ChartHello everyone, I invite you to review the chart of ETH in pair with USDT, on a four-hour interval. First of all, we can use the blue lines to mark the upward trend channel from which we could observe a breakout at the bottom, after which the price struggles to maintain the level.
Now let's move on to marking the support places. We will use the Fib Retracement tool to mark the supports, and as you can see, the price has dynamically returned and remains in the support zone from $2,243 to $2,191, then there is support which stopped the price drop around $2,120, but if the price breaks out of it, we can see a return in around strong support at $1918.
Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here again the resistance level is $2,302, then there is a strong resistance zone from $2,365 to $2,445, which stops the move to around $2,674.
When we turn on EMA Cross 10 and 30, we can see confirmation of a potential downward trend.
The RSI indicator shows a strong recovery, a return to the place where the price rebounded previously, but with room for the price to go lower, while the STOCH indicator also shows a strong recovery with visible room for another decline.
BTC/USDT 4HInterval Support and ResistanceHello everyone, let's take a look at the BTC to USDT chart on a four-hour time frame. As you can see, the price dynamically moved up from the local downward trend line.
After unfolding the Fib Retracement grid, it can be seen that the upward movement has brought the price closer to the important resistance at $46,313.
Looking the other way, we have visible support at $44,139, and then there is a strong support zone from $42,293 to $41,311.
It is worth looking at the RSI indicator, which turns around at the upper limit, similarly to the STOCH indicator, which exceeded the upper limit and, like RSI, indicates a price recovery.
Bitcoin is going to have some neutral movements and then 52K!Hello everyone,
After an strong bullish movement that we saw from Bitcoin, Now I expect some side way movement in current price range which is defined on the chart.
Key points are 45500$ and 52000$ as resistance areas.
40000$ support is also our strong support in order to maintain the price.
Also don't forget about upcoming Bitcoin halving which occur on Friday Apr 19, 2024 at 01:04:18 PM UTC. This can cause huge pump in the future.
Sincerely, Taha Zargar.
Nearby supports and resistances for BTCNearby supports and resistances for BTC. As you can see, the price remains above the local upward trend line.
After unfolding the trend based fib extension grid, you can see the support zone from $42,370 to $42,228, and then we have support at the level of 41,821.
Looking the other way, we see resistance at $42,706, while further we have a strong resistance zone from $43,080 to $43,281.
We have exceeded the upper limit on the RSI, but looking at the STOCH indicator we can see a greater price recovery.
ETH/USDT 1HInterval Short-Term ChartNearby Supports and Resistances for ETH will support USDT. As you can see, the price remains below the local downtrend line.
After unfolding the Fib Retracement grid, you can see the support zone from $2,281 to $2,234, while there is support at $2,178.
Looking the other way, there is resistance at $2,326, and then there is a strong resistance zone from $2,406 to $2,445.
On the RSi indicator, we returned to the middle of the range, but looking at the STOCH indicator, we can expect a deeper correction.
MKR/USDT 4HInterval ChartI invite you to review the chart of MKR in pair with USDT, on a four-hour interval. First, we will use the yellow line to mark the upward trend lines above which the price remains.
Going further, we can move on to marking support areas when we start a larger correction. And here, after unfolding the trend based fib extension grid, the first support is at the price of $1,537, and then it is worth defining the support zone from $1,410 to $1,343.
Looking the other way, we see that the price has been rejected by the resistance at $1,680, only when we manage to break out of it can we see an attempt to grow towards the resistance zone from $1,849 to $1,936.
Please look at the CHOP index, because you can see that the current price recovery gives an increase in energy for a new move, the RSI indicator shows a rebound with room for a further decline, and the STOCH indicator behaves similarly, which also has room for the price to go a little lower.
MATIC/USDT 1DInterval ChartHello everyone, I invite you to review the MATIC chart on a one-day time frame. Let's start by identifying the downward trend using the yellow line, which shows that the price has gone up and is currently struggling to stay above it.
Let's start by marking support places for the price and we can see that the first support is at $0.86, but if the price drops lower, we have the next support at $0.72, and then the next support at $0.62.
Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that currently the price has been rejected by the resistance at $1.15, but if we manage to overcome it, we will move towards the resistance zone from $1.34 to $1.57.
When we turn on ema cross 50 and 200, we will see the place where the indicator confirmed the return to a strong upward trend.
The CHOP index indicates that there is still some energy left for movement. The RSI indicator shows that we have returned to the place where there was a previous rebound, while the STOCH indicator has exceeded the upper limit, which resulted in a slowdown in growth and may result in a price recovery.
BTC/USDT 4HInterval ChartHello everyone, I would like to present an overview of the current situation on BTC in the USDT pair, taking into account the four-hour interval. First, we will use yellow lines to mark the local triangle in which the price is approaching the exit and the direction of further movement.
Going further with the help of the trend based fib extension grid, we will check the resistance areas in the event of increases. And here again we can see resistance at the level of $43,092, while further we have a visible resistance zone from $44,646 to $45,467.
Looking the other way, we can mark support points in the same way when a correction begins. And here the support zone from $42,076 to $41,454 is visible. However, if this zone is broken and we see a bottom exit from the triangle, we may see a drop to the support level of $39,613.
Please pay attention to the RSi indicator, where we have returned to the middle of the range, while the STOCH indicator shows a dynamic movement, which may result in a slight price recovery. As you can see in the CHOP index, there is still energy to make a bigger move.
HelenP. I Ripple can break trend line and then fall to $0.6050Hi folks today I'm prepared for you Ripple analytics. A few days ago price rebounded from the support level, which coincided with the support zone and made a strong impulse up to 0.7000 points, thereby breaking the 0.6450 level. But after this, XRP in a short time declined back, and even fell to the support zone, after which it at once rebounded and started to rise. When Ripple rose to the resistance level, which coincided with the resistance zone, it made impulse down to the trend line, breaking the 0.6050 support level. Then the price bounced from this line and started to move up back and soon, it broke the 0.6050 level again, made a retest, and later rebounded up to the resistance level. After XRP reached this level, it made a correction to the trend line and then reapeted movement up to 0.6450 level, but recently it fell back to the trend line. At the moment price trades near this line and I expect that Ripple can break the trend line and continue to fall to 0.6050 support level, therefore I set my target at this level. If you like my analytics you may support me with your like/comment ❤️
BRITANNIA FOR LONG TERM INVESTMENT IDEAAs we can see stock is on ATH and trades above all EMA on day week month TF and retrace with gravestone doji on day TF. looks strong on week & month.
it can go in a further upward direction.
TECHNICALS
—RSI ABOVE 60 ON ALL TF
—CUP & HANDLE BREAKOUT 5 JUNE WITH GOOD VOLUME
—OPEN MARUBOZU
—BULLISH CROSS OVER
ENTRY IS MENTIONED ON THE CHART
educational purpose only!✨
Do your research before making any investment🥂
Rising Wedge pattern breakout in CONCORCONTAINER CORPORATION OF INDIA LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Rising Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 874+.
✅Can Go Long in this stock by placing a stop loss below 838-.
BNB/USDT 1DInterval ChartHello everyone, I invite you to review the BNB chart. As we can see, after the announcement of the new lanchpad, the price with dynamic movements overcame a strong downward trend line. Also, when we turn on EMA Cross 50 and 200, we will see that the indicator confirms the return to a strong upward trend, now we need to watch whether we will maintain this trend.
After such a dynamic increase, it is worth spreading the Fib Retracement mesh to check the current resistance. And here you can see that the price is approaching a strong resistance zone from $320 to $352.
However, when the price starts to reverse, we can similarly determine support, and we can see the first significant support at the level of $271, and then we can see the price return to the strong support zone from $225 to $201.
The RSI indicator shows that we have exceeded the upper limit, which may result in a price recovery, and the situation on the STOCH indicator is similar, which may also result in a recovery. However, the CHOP index shows that this movement is running out of energy.
BTC/USDT 4H ChartSupports and resistances for BTC in pair to USDT on a four-hour time frame. As you can see, the price remains below the local downtrend line.
After unfolding the trend based fib extension grid, you can see support at $42,178, followed by a support zone from $41,005 to $40,410.
Looking the other way, there is resistance at $43,059, and then a resistance zone from $44,666 to $45,501.
It is worth looking at the RSI and STOCH indicators, because you can see that both have bounced off the downward trend line, which results in a new relaxation in the price.
Bullish Flag pattern breakout in INFYINFOSYS LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1715+.
✅Can Go Long in this stock by placing a stop loss below 1510-.
