Daily BTC 1HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price has broken the local downtrend line.
Let's start with determining the support line using the Trend Based Fib Extension tool and as you can see, first we have a support zone that defended the price from $ 24597 to $ 24237, if the support is broken then the next support is $ 23955, and then we have support at $ 23655.
Now let's move on to the resistance that price has on its way and here too we can mark the resistance zone from $24921 to $25107 if you manage to break it the next resistance will be $25335 then at $26025 and the next significant level is at price $27,123.
Looking at the CHOP indicator, we see that the energy is gaining a lot of strength, the MACD is close to returning to the local uptrend, while the RSI is moving sideways in the middle of the range, which makes it difficult to clearly determine the direction.
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SOL/USDT 1DInterval Resistance and SupportHello everyone, let's look at the SOL to USDT chart on a single day time frame. As you can see, the price has left the upper downtrend channel.
Let's start with the support line and as you can see the first support in the near future is $20.71, if the support is broken then the next support is $19.82, $19.08 and $18.37.
Now let's go to the resistance line, as you can see the first resistance is $21.61, if you manage to break it, the next resistance will be $22.87 and $24.72.
Looking at the CHOP indicator, we see that the energy is slowly rising, the MACD indicates the entry into an uptrend, while the RSI shows that there is room for continued growth.
SOL/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the SOL chart on a four-hour interval. As we can see, the price has broken the downtrend channel marked with blue lines, while locally the yellow line will mark the uptrend lines.
Let's start by marking the support spots for the price and we see that the first support to consider is at $18.86, then we have the second support at $17.24 and the third support at $15.94.
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 testing strong resistance at $20.55. We continue to have strong resistance at $21.83, once the price breaks it it will move towards the resistance at $23.38.
The CHOP index indicates that the energy has been used for the current increases, the MACD indicates the continuation of the uptrend, while the RSI is moving in the upper part of the range, which may indicate a temporary correction.
BNB/USDT 1DInterval Resistance and SupportAs the second chart in the review, we looked at BNB against USDT, as well as on a single-day timeframe. First, using the yellow line marked with the local straight line of the downtrend from which the price comes up, and then with the help of the blue line marked with the straight line of the downtrend at which the price returns.
Now let's move on to the designations of support places. And as you can see, we have the first support at $303, the second support at $296, the third support at $290, and the next support at $284.
Looking the other way, we can also determine the places where the price should be on the upward path. And here we have the first very strong resistance at the price of $310, which the price concerns, however, quickly returned, the next resistance is at the price of $322, and then the third resistance at the price of $338.
As you can see the CHOP index actually, that the energy quickly gathers strength. MACD indicator indicating entering an uptrend. While on the RSI, a visible strong increase may cause a temporary stagnation or correction.
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price quickly rebounded and returned above the downtrend line.
Let's start with the support line and as you can see the first support in the near future is $1616, if the support is broken then the next support is $1569, $1531 and $1493.
Now let's move on to the resistance line, as you can see the first resistance is $1662, if you manage to break it, the next resistance will be $1743 and only when we break it can the price move on.
Looking at the CHOP indicator, we see that the energy has been used for the current large increase, the MACD indicates an uptrend, while the RSI has reached the upper limit, which may slow down the price increase for a while.
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 bounced off the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $20903, if the support is broken then the next support is $20651 and $20433, then we have a support zone from $20230 to $19941.
Now let's move to the resistance line, as you can see the first resistance is $21478, if you manage to break it the next resistance will be $21998 and $22671.
Looking at the CHOP indicator, we see that the energy is being used for the current increase, the MACD indicates entering a local uptrend, while the RSI shows a strong increase.
DOT/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the DOT chart in pair to USDT, on a four-hour interval. First, we will use the blue lines to mark the downtrend channel in which the price is moving.
Moving on, we can move on to marking support areas when we start a larger correction. As we can see, the price fell below the strong support at 0.618 FIB, and turned back moments before the second very strong support at $5, however when the price drops below the next support is at $4.23.
Looking the other way, we see that the first resistance is at $5.81, when the price breaks it, the second resistance is at $6.20, the third is at $6.52 and the fourth is at $6.85.
Please look at the CHOP index, which indicates that the energy is slowly starting to rise, the MACD indicates a downtrend, however, there is a change in the direction of the blue line, which can give a trend change. On the other hand, on the RSI we touched the lower limit of the range, which gave a visible price rebound.
BNB/USDT 4HInterval Resistance and SupportHello everyone, welcome to a review of the BNB chart on a four-hour time frame. First of all, with the help of blue lines, we will mark the downtrend channel in which the price is currently moving.
Now let's move on to marking the support spots for the price and we see that we first have very strong support at the so-called golden point of the Fib Retracement at $265, but if the price goes lower, we have another support at $245.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the first resistance is at $282, the second resistance is at $293, and then there is a strong resistance zone from $302 to $310.
The CHOP index indicates that the energy has been used, the MACD indicates the continuation of the downward trend, while the RSI has fallen below the lower limit of the range, which has now resulted in a temporary change in the trend.
Daily ETH 1DChart - resistance and supportHello everyone, I invite you to review the chart of ETH in pair to USDT, on a one-day timeframe. First of all, with the help of blue and yellow, we can mark the main uptrend line from which the price rebounded. Locally, we will mark the local downtrend line with the blue line.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the support, and as you can see, we have the first very strong support at the price of $ 1331, while when this level does not hold the price, we can see a drop to around $ 1218.
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 resistance at $1459, the next resistance at $1513, the third resistance at $1556, and then we have a strong resistance zone from $1601 to $1664.
Please look at the CHOP index indicates that the energy has been used. The MACD indicator is in a downtrend. On the other hand, we see a strong rebound on the RSI, we are currently touching the lower limit, which, similarly to BTC, may indicate the end of the correction.
Daily BTC 1DChart - resistance and supportHello everyone, I invite you to check 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 local uptrend channel that the price has left the bottom. However, after marking the uptrend line, we see that the price has rebounded from it in the current correction.
Now we can move on to marking the places of support in the event of a correction. And here we have the first very strong support at the so-called Fib golden point at $19,221, however, when we fall below this support, we can see a drop to around $17,577.
Looking the other way, in a similar way using the Fib Retracement tool, we can determine the places of resistance. First resistance at $20895, second resistance at $21747, third resistance at $22401, then a very strong resistance zone from $23086 to $24029.
When we turn on the EMA Cross 10 and 30, we see where the moving averages intersect and the downtrend begins.
Please pay attention to the CHOP index which indicates that the energy has been used, the MACD indicator confirms the ongoing uptrend, while the RSI shows that the indicator has fallen below the lower limit, which may potentially be the end of the correction.
SOL/USDT 1DInterval Resistance and SupportHello everyone, let's look at the SOL to USDT chart on a single day timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with setting the support line and as you can see the first support at which the price is currently located is $17.57, if the support is broken then the next very strong support is $15.26 and then $12.05.
Now let's move to the resistance line, as you can see the first resistance is $18.57, if it breaks down, the next resistance will be $20.21, the third resistance will be $21.51, then we have a strong resistance zone from $22.85 to $24.68.
Looking at the CHOP indicator, we can see that the energy has been used for the current correction, the MACD confirms the downtrend, while the RSI has touched the bottom, which may indicate a change in the trend.
LTC/USDT 1DInterval Resistance and SupportI invite you to review the LTC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the uptrend channel from which the price came down.
Moving on, we can move on to marking support areas when we start a larger correction. And here, the first support is at $83, where the price is currently located, the second support is at $77, the third support is at $70, and then we have the fourth support at $60.
Looking the other way, we see first resistance at $88 to $91, then second resistance at $94 to $97, then support at $100, then support at $105.
Please look at the CHOP index, which indicates that there is some energy left for further movement, the MACD indicates that we are moving in a downtrend, while the RSI has a rebound and we are approaching the lower limit of the range.
FTM/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the FTM chart this time on a one-day interval. As we can see, the price is moving in the downtrend channel, which we have marked with blue lines.
Let's start by marking the support spots for the price and we see that we have the first support at $0.35, the second very strong support at $0.27, and the next support at $0.16.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that first we have a resistance zone from $0.44 to $0.48, then we have resistance at $0.51, then we have a second strong resistance zone from $0.55 to $0.59, once price breaks it it will move towards resistance at $0.65 .
It is worth paying attention to the EMA Cross 10 and 30, which clearly indicate the place of entering the downtrend.
The CHOP index indicates that there is some energy left for further movement, the MACD indicates the continuation of the downward trend, while the RSI is moving in the lower part of the range and is approaching the lower limit, thus creating room for new increases.
MATIC/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the MATIC chart in pair to USDT, also on a four-hour interval. First of all, using the yellow lines, we can mark the downtrend 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 $1.06, the second support at $0.99, the third at $0.93, and the fourth at $0.87.
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 significant resistance at $1.18, the next resistance at $1.24, then the third resistance at $1.30, and the fourth at $1.34.
Now let's move on to Index CHOP which indicates that energy has been used for the correction but there is still some left. The MACD indicator is on the verge of entering a local downtrend. On the other hand, we see a significant rebound on the RSI, we are approaching the lower limit of the range, which may indicate an upcoming trend change.
Daily BTC 4HChart - resistance and supportHello everyone, I invite you to take a slightly broader look at the BTC chart against USDT, taking into account the four-hour interval. First, we will use the blue lines to mark the sideways trend channel, but locally, we will use the yellow lines to mark the second downtrend channel.
Now we can move on to marking the places of support in the event of a correction. And here we have the first support at $21951, the second support at $21834, the third at $21736, and then it is worth marking a strong support zone from $21640 to $21500.
Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. And as you can see, we have the first resistance at $22016, the second at $22118, the third at $22197, and then we have a strong resistance zone from $22283 to $22403.
Please pay attention to the CHOP index which indicates that there is still energy to continue the move, the MACD indicator indicates entering a local downtrend, while on the RSI we are moving at the lower end of the range, which can potentially give a change in the trend.
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 below the local downtrend line.
Let's start with the support line and as you can see the first support at which the price is located is $22219, if the support is broken then the next support is $22114, $22026 and $21942.
Now let's move on to the resistance line, as you can see the first resistance is $22282, if it is broken then the next resistance will be $22365, $22480 and $22630.
Looking at the CHOP indicator, we see that some of the energy has been used, but there is still some left for further movement, the MACD indicates that we are maintaining a local uptrend, while the RSi shows a rebound and we are approaching the lower limit of the range, which may potentially change the trend.
BNB/USDT 4HInterval Resistance and SupportI invite you to review the BNB chart against USDT, also on a four-hour interval. First of all, using the blue lines, we can mark the downtrend 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 $279, the second support at $272, the third at $267, and then at $262.
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 resistance at $294, the next resistance at $301, then the third resistance at $306 and the fourth at $311.
The CHOP index indicates that there is still energy for movement. The MACD indicator is on the verge of entering a local uptrend. On the other hand, the RSI shows an increase, but there is plenty of room to continue it.
FTM/USDT 4HInterval Resistance and SupportThe last one in today's chart is the FTM vs. USDT chart. First, we will use the white line to mark the main trend that the price must overcome, but locally, with the blue lines, we will mark the downtrend channel in which the price is fighting for an uptrend.
Moving on, we can move on to marking the places of support. And here we can immediately see that the support at $0.41 is very strong and held the price, but looking further, the next support is at $0.36.
Looking the other way, we see that the price has hit an important resistance zone from $0.43 to $0.46 that it has to face. Then we have resistance at $0.48, then a second zone from $0.50 to $0.53, and another resistance at $0.57.
Please take a look at the CHOP index, which indicates that we have a lot of energy for the upcoming move, the MACD indicates that we are moving in a local uptrend, while the RSI has gone to the middle of the range and there is still room for further increases.
DOT/USDT 1HInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a 1-hour time frame. As you can see, the price is close to breaking the local downtrend line.
Let's start with determining the support line and as you can see, it is worth marking the support zone from $5.94 to $5.90 in the first place, if the support is broken then the next support is $5.86 and $5.80.
Now let's move to the resistance line, and here we will also mark the resistance zone from $6.02 to $6.07, when the price breaks this zone it will be able to attack the $6.20 level.
Looking at the CHOP indicator, we see that there is a lot of energy to continue the move, the MACD indicates a local uptrend, while the RSI has a large increase, but there is some room for the continuation of the move.
SOL/USDT 1HInterval Resistance and SupportHello everyone, let's look at the SOL 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 $21.01, if the support is broken then the next support is $20.84, $20.61 and $20.30.
Now let's move to the resistance line, as you can see the first resistance is $21.32, if you manage to break it, the next resistance will be $21.54, $21.72 and $21.90.
Looking at the CHOP indicator, we see that the energy is used for a correction, the MACD indicates entering a local downtrend, while the RSI shows a rebound and entering the lower part of the range.
BTCUSDits look like that btc has been down for long enough and not its time to rise,, i have clearly explaind on the chart with horigentle and the trend line. trend is break and now its re-testing almost ready to fly after the strong confirmation.
what you all think btc will go higher then 25 ..? let me know in the comment below.
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 uptrend line.
Let's start with the support line and as you can see the first support in the near future is $1550, if the support is broken then the next support is $1530 and $1515.
Now let's move to the resistance line, as you can see the first resistance is $1573, if you manage to break it, the next resistance will be $1591 and $1605.
Looking at the CHOP indicator, we see that the energy is exhausted, the MACD indicates the maintenance of the local downtrend, while the RSI is moving at the lower end of the range, which may result in a trend reversal.