SOL/USDT targets and stoplossHello everyone, let's look at the SOL to USDT chart on a 4-hour time frame. As you can see, the price is moving below the local uptrend line.
Let's start by setting goals for the near future that we can take into account:
T1 = $19.89
T2 = $20.40
T3 = $20.84
T4 = $21.26
AND
T5 = $21.89
Now let's move on to the stop loss in case the market goes down further:
SL1 = $19.45
SL2 = $19.07
SL3 = $18.67
AND
SL4 = $18.12
Looking at the CHOP indicator, we see that the energy is recovering, the MACD indicates the continuation of the local downtrend, while the RSI is approaching the lower limit, which in the coming hours may give the price an upward rebound.
Trendanalyse
DOT/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the DOT chart in pair to USDT, on a one-day timeframe. First, using the yellow line marked with the uptrend line from which the price broke down, and then we move in the channel marked with blue lines from which the price also goes down.
When we turn on the EMA cross 200, we can see that we are below this line as to the actual downtrend, while with the Ema cross 10 and 30, the downtrend is also visible.
Going further, we can move on to marking the place of support in a situation when we increase the correction. Here you go very strong support is at $4.98, if the support doesn't hold the price we can see a drop in the area and very strong support at $4.26.
Watching the other side of the picture that the price has rebounded off the $5.53 resistance which is still the first first resistance for the price, then we have the second resistance at $5.91, then the third resistance at $6.22, then the price of the change in the direction of return at the level of $6.53.
Please enter the CHOP index, which shows that there is still energy for the next move, MACD shows that you are on the verge of returning to the downtrend, while on the RSI we have a rebound and we are approaching the border of the border which may also indicate that a correction is coming till the end.
LTC/USDT 1DInterval Targets and StoplossHello everyone, let's look at the LTC chart on the one day time frame. As we can see, the price is still above the uptrend line.
Let's start with setting targets for the near future that we can take into account:
T1 = 89,13$
T2 = 92,33$
T3 = 94,98$
T4 = 97,54$
and
T5 = 101,28$
Now let's move on to the stop loss in case of further market declines:
SL1 = 83,56$
SL2 = 80,14$
SL3 = 75,28$
and
SL4 = 69,44$
The CHOP index indicates that there is still energy for movement, the MACD indicates the uptrend is maintained, while the RSI, despite a strong rebound, still takes place for the price to go down to the previously mentioned support areas.
Daily ETH 4HChart - resistance and supportHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. First of all, we will use the yellow line to mark the downtrend line, from which the price went up and currently turned out to be a support for the price.
Now let's move on to marking the places of support. We will use the trend based fib extension tool to mark the supports, and as you can see, we have the first support at $1789, the second support at $1756, the third at $1708, and then the fourth support at $1649.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here in the first place we should mark the strong resistance zone from $1872 to $1925, when the price defeats it we have resistance at $1967, and then resistance at $2081.
The CHOP index indicates that the energy has been used. The MACD indicator indicates a transition to a local downtrend. On the other hand, we have a strong rebound on the RSI, which crossed the lower limit of the range, which may stop the price from falling further in the coming hours.
XRP/USDT 1DInterval Targets and StoplossHello everyone, let's look at the 1D XRP to USDT chart as you can see that the price is moving above the local downtrend line.
Let's start by setting goals for the near future that we can take into account:
T1 - $0.55
T2 - $0.59
AND
T3 - $0.64
Now let's move on to the stop loss in case the market goes down further:
SL1 - $0.50
SL2 - $0.48
SL3 - $0.46
SL4 - $0.44
AND
SL5 - $0.41
Looking at the CHOP indicator, we see that the energy has been used, the MACD confirms the ongoing uptrend, while the RSI is at the upper limit, which may affect the change of the trend to the downside.
XRP/USDT 4HInterval check the current situationHello 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 uptrend channel in which the price has been moving locally since it exited the downtrend line marked with the yellow line.
Moving on, we can move on to marking support areas when we start a larger correction. And here the first support is at the price of $0.50, the second support is at the price of $0.48, the third support is at the price of $0.47, and then we have the strength
Looking the other way, we see that the price has hit the resistance at $0.52, then we have the resistance at $0.55, and when we manage to break it, we will move towards the resistance at $0.58
Please look at the CHOP index, which indicates that we have a lot of energy for the upcoming move, MACD indicates that we are on the verge of changing the trend to an upward trend, while the RSI, despite the rebound, we are at the upper limit, which may lead to another correction of the price.
Daily ETH 4HChart - resistance and supportHello everyone, I invite you to review the chart of ETH in pair to USDT, on a four-hour interval. First, we will use the yellow line to mark the downtrend line from which the price went up. At this point, it is worth checking how the EMA Cross 200 is going and as we can see, the EMA Cross 200 kept the price in an uptrend.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the support, and here we can mark the support zone from $1883 to $1856, the lower border of which is just at the EMA cross 200. Then we can mark the second strong support zone from 0.618 fib to 0.786 fib, which gives us a range priced from $1810 to $1780.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we have the first very strong resistance at the price of $ 1941, going further we have a strong resistance at the price of $ 1987 and then the price will move in the direction of the resistance at $ 2055
The CHOP index indicates that we have a lot of energy for the upcoming move. The MACD indicator indicates a transition to a local uptrend. On the other hand, on the RSI we see an increase to the upper part of the range, but there is still some room left for the price to go a little higher in the coming hours.
MATIC/USDT 1DInterval - Targets and Stop lossHello everyone, let's look at the MATIC to USDT chart on a one-day time frame. As you can see, the price is staying above the local uptrend line.
Let's start with setting the support line and as you can see the first support on which the price is currently based is $0.89, if the support is broken then the next support is $0.87, $0.84 and $0.81.
Now let's move to the resistance line, as you can see the first resistance is $0.91, if you manage to break it, the next resistance will be $0.93, $0.95 and $0.97.
Looking at the CHOP indicator, we see that there is some energy left for the next move, the MACD remains in an uptrend despite the correction, while the RSI has a small rebound, but there is still room for the price to go lower.
SOL/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the SOL chart in pair to USDT, on a one-day interval. Let's start by marking with a yellow line, an uptrend from which the price went down and entered a downward triangle marked with blue lines.
Moving on, we can move on to marking support areas when we start a larger correction. And here, the first support is at $19.91, the second support is at $17.66, the third support is at $15.21, and then we can see a drop to $12.12.
Looking the other way, we see that the price will first have to break through the strong resistance zone from $23.41 to $27.01. However, if it manages to break out of this zone upwards, the next resistance will appear at the price of $ 32.20, and then at the price of 38.80.
Please look at the CHOP index, which indicates that we have a lot of energy for the upcoming move, MACD indicates that we are in an uptrend, while the RSI shows an increase to the upper part of the range with minimal rebound.
BNB/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the BNB chart on a four-hour interval. At the beginning, we will use blue lines to mark the uptrend channel from which the price is currently breaking sideways. Importantly, we are just below the EMA Cross 200, it is important that the price maintains this level and returns above 200 to continue the uptrend.
We will now move on to marking the price support locations and we see that we first have support just below the price at $300.6, but if the price goes lower, we have another support at $284.8, then at $269.2 and another support at $247.4.
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 at a very strong resistance zone from $309 to $330, when it manages to break out above this zone, the price will move towards strong resistance at $359.7 and further towards resistance at $398 $.
The CHOP index indicates that there is a lot of energy for the upcoming move, the MACD indicates a trend change to an uptrend, while the RSI has a rebound and is in the lower part of the range, which is important that the rebound on the indicator gives room for new price increases.
Daily BTC 1WChart - resistance and supportHello everyone, I invite you to review the current situation on BTC in pair to USDT, taking into account the one-week interval. First of all, we will use the blue lines to mark the uptrend channel from which the price goes sideways, while locally, with the help of yellow lines, we can mark the downtrend channel.
Now we can move on to marking support areas in case the correction starts to deepen. And here, in the first place, it is worth marking a strong support zone from $ 26,437 to $ 25,262, however, when we fall below this zone, we can see a drop to around $ 21,684.
Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. First, we will mark the resistance zone from $28,635 to $30,271, when we manage to break it, we have a second zone from $32,979 to $34,819. Only when the price breaks through both zones will it be able to move towards resistance at $37,426
At this point, it is worth mentioning that the price is still in a long-term uptrend above the EMA Cross 200.
Please note the CHOP index which indicates that most of the energy has been used, the MACD indicator indicates the transition to a downtrend, while the RSI is approaching the middle of the range, but there is plenty of room for the price to go lower to the previously mentioned support zone.
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 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 $27659, if the support is broken then the next support is $27461, $27184 and $26837.
Now let's move to the resistance line, as you can see the first resistance is $28129, if you manage to break it, the next resistance will be $28509, $28816 and $29113.
Looking at the CHOP indicator, we see that the energy is gathering strength, the MACD indicates entering a local downtrend, while the RSI has a rebound, but there is room for the price to go a little lower in the coming hours.
Daily ETH 4HChart - resistance and supportHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a 4H interval. First, we will use the yellow line to mark the downtrend line above which the price is trying to stay.
Now let's move on to marking the places of support. We will use the trend based fib extension tool to mark supports, and here we will first mark the support zone from $1820 to $1788, then the second support at $1755, the third at $1708.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we will also mark the resistance zone which so far the price has no strength to break from $1885 to $1924, if this zone is broken further we have resistance at $1975 and then we can see a strong increase around $2120.
The CHOP index indicates that the energy has been used. The MACD indicator is in an uptrend. On the other hand, on the RSI, despite a small correction, we remain in the upper part of the range, which may limit further price growth.
XRP/USDT 4HInterval check the current situationHello everyone, I invite you to review the XRP chart on the four-hour interval. As we can see, the price has broken the downtrend channel marked with blue lines.
Let's start by marking the price support areas and we see that we first have strong support at $0.45, but if the price moves lower, we can mark a strong support zone from $0.43 to $0.42, then support at $0.42 $0.40.
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 a strong zone from $0.48 to $0.49. We continue to have a strong resistance at $0.50, once the price breaks it it will move towards the resistance at $0.55.
At this point, it is worth noting that the place of the first support is also the point through which the EMA Cross 200 is currently passing.
The CHOP index indicates that there is still some energy left, the MACD indicates the continuation of the upward trend, while the RSI goes above the upper limit, which will most likely end with a price correction.
Daily BTC 1DChart - resistance and supportHello everyone, I invite you to review the current situation on BTC in pair to USDT, taking into account the one-day interval. First, we will use the blue lines to mark the downtrend channel in which the BTC price is moving.
Now we can move on to marking support areas in case of deepening correction. And here, in the first place, it is worth marking the support zone from $ 27,462 to $ 26,854, but when we fall below this zone, we can see a drop around $ 26,342, then support at the price of $ 25,830 and even $ 25,148.
Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. We will first mark the resistance zone from $27793 to $28294, once it is broken the price has to face resistance at $28934 and then we can see a rapid rise to $30864.
Please pay attention to the CHOP index which indicates that we have a lot of energy to move further, the MACD indicator indicates an uptrend, while the RSI is in the upper part of the range with a small rebound.
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on the 4-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 $1812, if the support is broken then the next support is $1796, $1782 and $1769.
Now let's go to the resistance line, as you can see the first resistance is $1825, if you manage to break it the next resistance will be $1841 and then the third resistance at $1891.
Looking at the CHOP indicator, we see that there is energy for further movement, the MACD maintains the local uptrend, while the RSI has a small rebound, which creates room for a future price increase.
BNB/USDT 1DInterval Resistance and SupportHello everyone, welcome to the BNB vs USDT chart review. As we can see, the price has moved downwards from the uptrend line, while currently we will use the blue lines to mark the downtrend channel in which the price is moving in the lower range.
Let's start by marking the support spots for the price and we can see that the price is currently in a strong support zone from $310 to $299, however, if the price goes lower, we can see a strong drop in the price even around $268.
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 bouncing off the $312 resistance. Next we have the resistance at $320, and the third resistance at $326, once the price breaks it will move towards the strong resistance zone from $331 to $339.
The CHOP index indicates that there is a lot of energy for the move, the MACD, despite several attempts to change the trend, is still in a downtrend, while the RSI is moving in the lower part of the range, which gives room for price growth, but it is worth noting that there is room for the price to fall even more a little lower.
Daily ETH 1DChart - resistance and supportHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a one-day interval. First of all, using the blue lines, we can mark the uptrend channel in which the price is currently moving.
Now let's move on to marking the places of support. We will use the trend based fib extension tool to mark the supports, and as you can see, we have the first support at $1809, the second support at $1767, the third support at $1734, and then we have support at $1703.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here price is fighting resistance at $1830, next resistance is at $1857, then third resistance at $1884 and fourth resistance at $1923.
The CHOP index indicates that there is a lot of energy for the next move. The MACD indicator indicates the transition to an uptrend. On the other hand, on the RSI we see that a small price movement gives visible movements on the indicator, which can quickly reduce the room for further increases.
BTC/USDT 1daychart Review Hello everyone, I invite you to review the current situation on BTC in pair to USDT, taking into account the one-day interval. First, we will use the yellow line to mark the uptrend line from which the price went down, while we are currently moving in the downtrend channel, for which we used the blue line.
Now we can move on to marking the places of support in the event of a correction. And here we see that the price is at the support level of $26640, then it is worth marking a strong support zone from $25289 to $23939, however, when we fall below this zone, we can see a drop to around $22028.
Looking the other way, in a similar way using the fib retracement tool, we can determine the places of resistance. We will first mark a strong resistance zone from $29,008 to $29,880 when it is broken, then we have a second support at $31,023 and then a third support at $34,201.
Please pay attention to the CHOP index which indicates that we have a lot of energy, the MACD indicator is on the verge of returning to an uptrend, while the RSI is moving in the lower part of the range, but it is worth noting that a small upward movement gives a visible movement on the indicator, which in the long run can quickly limit room for price increases.
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 has broken out of the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $26328, if the support is broken then the next support is $26089 and then $25904.
Now let's move to the resistance line, as you can see the price is moving towards the resistance at $26804, if you manage to break it then we can see an attempt to attack the resistance at $27395
Looking at the CHOP indicator, we see that there is energy to continue the move, MACD indicates a transition to a local uptrend, while the RSI shows a visible increase, but there is room for the price to attack the first resistance.
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 is moving in the downtrend channel.
Let's start with the support line and as you can see the first support in the near future is $26692, if the support is broken then the next support is $26063, $25562 and $25071.
Now let's move on to the resistance line, as you can see the first resistance the price is currently fighting is $27380, if it breaks through, the next resistance will be $27744, $28285 and then the fourth resistance at $28934.
Looking at the CHOP indicator, we see that most of the energy has been used, MACD indicates entering a local uptrend, while the RSI approached the upper limit, which quickly gave the price a rebound.
XRP/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the chart of XRP in pair to USDT, as before, taking into account the time interval of four hours. 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. And here in the first place we have a support zone from $0.43 to $0.40, we have a second support at $0.38, and then we have a third support at $0.36.
Looking the other way, we see that the price has hit an important resistance at $0.46, which so far has no strength to break. However, if we manage to move upwards from this resistance, which will result in exiting the descending channel, we will move towards the resistance at $0.49, and further at $0.52.
Please look at the CHOP index, which indicates that there is still energy for the upcoming move, MACD indicates that we are moving in a downtrend, while on the RSI we see that a small price move gives a big move on the indicator and there is currently room for a new increase, but still the price may go lower.