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MKR/USDT 4H Chart📉 Short-term situation: The price is currently trading around 2028 USDT, after a sharp decline from around 2273 USDT (resistance). The support level around 2000 USDT is currently being tested (coinciding with the SMA 200 – blue line). A dynamic uptrend line (orange) is also visible, which could act as a key support level in the event of further declines. 🔍 Support and Resistance Levels: Resistance: 🔴 2188 USDT – recent local high and convergence with the SMA 21. 🟢 2273 USDT – major resistance; previous rebound and point of significant price reaction. Support: 🔵 1980 USDT – local support + SMA200. 🟠 Uptrend line (~1940–1960 USDT). 🔴 1832 USDT – stronger horizontal support with multiple confirmations. 🔴 1623 USDT – very strong support, from previous lows. 📊 Technical indicators: RSI (Relative Strength Index): Current value: ~42, neutral, but approaching the oversold zone (<30). The RSI is falling rapidly, suggesting selling pressure, but a reaction is possible near current support. MACD: Negative signal: signal line crossing from above + descending histogram. Indicates a continuation of the correction, but we are approaching the potential exhaustion of the downward momentum. 📈 Moving averages: EMA/SMA 50 and 200: The price is currently testing the SMA200 – crucial for the medium-term trend. SMA21 (red) and SMA50 (green) – have reversed downward, which may suggest a weakening of bullish momentum. 🔮 Scenarios: 🟢 Bullish scenario (confirmation of support): A rebound from 1980–2000 USDT and further upward movement. Potential target: first ~2180 USDT, then ~2273 USDT. The condition is a demand response at the current level + an improvement in the RSI/MACD. 🔴 Bearish scenario (breakout of support): If the 1980 USDT level is broken and the price falls below the uptrend line, a continued decline to 1832 USDT or even lower is possible. Confirmation will be a strong bearish candle with high volume and a further decline in the RSI/MACD.
by cryptodailyuk
ETH/USDT 4H Chart📊 General Context Ethereum is rising in a strong short-term uptrend, supported by a rising trendline (orange). Current price: 3831 USDT We are approaching a significant resistance level around 3842–3850 USDT (green line). Technical support is located around 3760 USDT (previous consolidation level and 50/200 SMA). 🔍 Technical Levels Resistance: 3842–3850 USDT – local high, currently being tested. 4006 USDT – key psychological level and the last local high on the chart. Support: 3762 USDT – previous resistance, currently turned into support (may be tested in a correction). 3650 USDT – strong technical support, confirmed several times in the past. SMA50 and SMA200 – currently just below the price, also acting as dynamic support. 📈 Technical Indicators MACD: The histogram is rising and positive → bullish momentum. The MACD line crosses the signal line from below → a buy signal. RSI (14): Currently: around 64 → not yet overbought, but close to the overbought zone. Slightly rising trend, but may suggest impending market overheating with further gains. 🧭 Trend Short-term: strong uptrend (trend line, green candles, breakout from consolidation). Medium-term: higher lows and higher highs – the uptrend is maintained. The price is holding above the 50 and 200 SMAs – confirming bullish sentiment. ⚠️ What to watch next? A 4-hour candle close above 3842 USDT → confirmation of a breakout, a potential attack on 4000–4010 USDT. A break of the trend line (orange) → a possible correction to 3760 or even 3650 USDT is possible. An RSI rise above 70 → an overbought signal, a possible pullback or consolidation.
by cryptodailyuk
MKR/USDT 4H📈 Trend and price structure • The price has just been above the downward trend line (yellow line), which suggests the potential reversal of the trend to the upward. • Breaking was strong - a candle with a large growth volume and an increase +9.13%, which emphasizes the pressure of buyers. ⸻ 🔍 levels of support and resistance • resistance: • ~ 2342 USDT - a clear level of resistance (green line) - may be the target for the next upward movement. • 2246.8 USDT - first resistance to overcome. • Support: • 2111.7 USDT - level of local support after struggling (earlier resistance). • 2048.8 USDT - SMA #1 (red medium), can be support at the back. • 1945.5 USDT - strong support in the form of long -term SMA (blue line, SMA #5). ⸻ 📊 Technical indicators ✅ MacD (below) • The MacD line cut the signal line up - buy signal. • The histogram is growing, which confirms the growth moment. ✅ RSI • RSI has bounced from level 40 and is currently above 60 - it suggests upward momentum, but it is not yet purchased, so there may be room for further growth. ⸻ ✅ Medium walking (SMAS) • The price was pierced by SMA #1 (red) and SMA #2 (green) with impetus, which means a change in sentiment. • If it stays above these medium - a bull signal. • SMA 50 (green)> SMA 200 (blue) = potentially a golden cross is formed on a longer TF. ⸻ 📌 Summary - technical scenario: 🐂 Bycza scenario: • If the price lasts above 2111.7 USDT, it may continue to increase to USDTt and further up to $ 2,342. • Confirmation will be the continuation of growth on MacD and RSI over 60-70. 🐻 Bear scenario (threats): • If the price drops below 2048 USDT, possible correction up to 1945 USDT. • RSI returning below 50 and Macd Cross down would be a reversal signal.
by cryptodailyuk
SOLUSDT 1H Short-Term🔍 Technical Structure: Short-Term Trend: SOL is currently in an uptrend, with local higher lows. This is evident from the orange uptrend line, which has been tested multiple times. Local Resistance: 205.14 USDT – yellow line – a resistance level that the price has touched several times but failed to break (this could be a double-top formation). Local Support: 198.48 USDT – the price is currently testing this level as support. 194.36 USDT – lower, more crucial support (stronger upon a trend breakout). 187.74 USDT – important support that would be tested in the event of a larger breakout. 📉 Oscillator – Stoch RSI: The Stoch RSI is currently in oversold territory (below 20), suggesting the possibility of a local rebound. However, there has been no upward crossover yet, so there is no strong buy signal. 🔊 Volume: We are observing a decrease in volume during the current correction, suggesting that the declines are relatively weak – there is no strong supply impulse. 🧠 Short-term scenarios: ✅ Bullish scenario: Price is rebounding from the trend line (orange) and the 198.48 USDT level. A break of the 205.14 USDT resistance could open the way to: 209.37 USDT 216.02 USDT (next target) ❌ Bearish scenario: A break of the trend line and the 198.48 USDT level with the 1-hour candle closing below. Possible decline to: 194.36 USDT (first support) and further to 187.74 USDT if selling pressure increases.
by cryptodailyuk
1
LINK/USDT 4H Chart📉 Indicators and Market Structure: 🔶 Trend: Current trend: up, as long as it remains above the trend line and the 19.14 USDT level. Local resistance: 20.28 USDT (recent high). Next resistances: 20.99 USDT and 22.13 USDT (green lines). Supports: 19.14 USDT, 18.44 USDT, 17.29 USDT (red lines). 🔷 Stochastic RSI (lower indicator): Located in the oversold zone (below 20) and starting to reverse upward. Potential signal of buying pressure if the %K and %D lines cross bullishly. 🧠 Scenarios: ✅ Bullish scenario (trend continuation): Bounce from the trend line and the 19.14 level → breakout of 20.28 → test of 20.99–22.13. Confirmation will be a clear bullish candle with high volume and a Stochastic RSI cross up. ❌ Bearish scenario (trend break): Closing below the trend line and the 19.14 level → correction towards 18.44, and then even to 17.29. An oversold RSI could support continued declines if a rebound does not occur. 📌 Summary: Currently, the key level is the trend line and support at 19.14 USDT. The market is waiting for a reaction – a rebound or a downward breakout. Stochastic RSI suggests a possible rebound, but candlestick confirmation is needed.
by cryptodailyuk
1
BTC/USD Short-Term🔷 Pattern: Symmetrical Triangle (Consolidation) The price is inside the triangle formation (orange lines) and is approaching its completion. An impending breakout (up or down) is highly probable within the next few hours. 📉 Support Levels (red lines): 117.210 – local horizontal support. 116.324 – 115.050 – strong demand zone (potential target in the event of a downward breakout). 📈 Resistance Levels (green lines): 118.900 – 119.700 – local resistance zone. 121.011 – 121.813 – higher target in the event of an upward breakout from the triangle. 📊 Technical indicators: ✅ RSI (Relative Strength Index): Currently: 69.05 – close to overbought levels, but not yet at an extreme. Potential for a short-term pullback unless a strong breakout occurs. ✅ MACD: Signal lines are tightly intertwined, histogram flat → no dominant momentum. Waiting for a breakout signal (bullish or bearish crossover). ✅ SMA: Price currently below the 50 and 200 SMA for 1 hour → slight downward momentum. The 50-SMA (red) is turning down, which may signal a continuation of the sideways or downward trend. 📌 Short-term conclusions (1–6 hours): Scenario 1: Bullish breakout: Confirmation: H1 candle close above 118,900. Targets: 119,700 and potentially 121,000–121,800. Scenario 2: Bearish breakout: Confirmation: H1 candle close below 117,200. Targets: 116,300, then 115,000–115,300. 📍 Watch for: Breakout of the triangle boundaries with volume. RSI behavior relative to the 70 level. MACD crossover and histogram.
COINBASE:BTCUSD
by cryptodailyuk
BTC daily, and 4 hr. Bullish Patterns Stack Up!Looking at the Daily and 4-hour charts for BTC, we can see multiple bullish formations unfolding. An inverse head and shoulders - daily A cup and handle - daily An ascending triangle - daily Price action looks strong, as we’ve begun the breakout from the neckline on the inverse H&S, as well as the cup and handle and ascending triangle simultaneously, and momentum is building fast. Also, on the 4-hour chart, there’s a pretty substantial bull pennant taking shape. A breakout here could be the next leg up, and the push needed to keep momentum alive. Zooming out, when we apply the trend-based Fibonacci extension, it reveals a $131,000 golden pocket, on both the the daily as well as the 4 hr. And that could be a major upside target if these bullish structures hold. Stay tuned to see if BTC continues its move and sets a new all-time high.
Long
by impossiblebull
ETH/USDT 4H Chart✅ Market Trend and Structure: Uptrend: The highlighted orange trend line shows continuous growth since mid-April. The price is trading above the 50- and 200-period moving averages (EMA and SMA), confirming bullish sentiment. Current price: around 3556 USDT – very close to local highs. Resistance break in the 3200–3300 USDT area, which now acts as support. 📈 Technical Levels: Resistance (red horizontal lines): 3600–3650 USDT – local resistance resulting from market reaction. 3888 USDT – next historical resistance level. 4133 USDT – established long-term target (green dashed line at the top). Support: 3300 USDT – strong support after a previous breakout. 3080 USDT – previous high, now the next support level. 3070 / 2900 USDT – key technical support levels in the event of a larger correction. 📊 Indicators: MACD: The MACD is in a strongly bullish zone, but: The histogram is flattening. A bearish crossover pattern is possible in the following candles – a signal of weakening momentum. RSI: RSI ~74 – is in the overbought zone, which often heralds a correction or at least consolidation. A value above 70 confirms the bullish trend but may suggest that momentum is overheated. 📌 Conclusions and Scenarios: 🔼 Upside Scenario (trend continuation): If the price remains above 3300–3350 USDT, it could move towards 3888, and then 4133 USDT. A break above 3650 USDT on heavy volume will be a strong continuation signal. 🔽 Corrective scenario (short-term pullback): The RSI and MACD suggest a possible correction. Potential pullback to: 3300 USDT (retest of previous resistance as support). SMA 200 (~2600 USDT) with a deeper downward move.
by cryptodailyuk
1
ETCUSDT 4H📊 Price: Currently around 20.05 USDT ⸻ 🔶 Technical formation: • Ascending channel - clearly marked with two orange trend lines. • The price is currently testing the upper edge of the channel - it is possible to break or correction. ⸻ 📉 Support and resistance: • ✅ Support: • 19.73 (local, on the closure of the candles) • 19.51 (technical, tested several times) • 18.94 (stronger, historical) • 🚫 resistance: • 20.31 - the closest local resistance • 20.91 - key level • 21.34 - strong resistance from higher intervals ⸻ 🔄 oscillators: • STOCHASTIC RSI - in the inheritance phase (descent from buying), possible local decline / correction. • RSI (14) - approx. 60, slightly positive trend, but without exaggeration - no purchase, place for further increases. 📌 Fast strategy: • 🟢 Long: After breaking and Retescia 20.31 → TP 20.91 / 21.34 • 🔴 Short: after rejection 20.31 or the upper line of the channel → TP 19.73 / 19.51 • 📉 SL: In both cases, it is best 0.3–0.4% above the last high/low
by cryptodailyuk
XRP 1D Chart Review📊 Support and Resistance Levels: 🔼 Resistance: $2.95 - $3.02 – currently being tested, a local resistance zone. Price slightly rejected. $3.40 – another strong resistance level from the previous high (visible on the left side of the chart). 🔽 Support: $2.75 – the closest, recently broken support level. $2.58 – another local support level. $2.28–$2.30 – a very strong support zone that has been tested multiple times. 📈 Pattern and Momentum: A breakout from a wedge-shaped downtrend with very high volume and long bullish candles indicates strong demand. We are currently observing a correction/rejection at $3.02 – a possible short-term pullback. 🔄 Oscillator – Stochastic RSI: The Stochastic RSI oscillator is in the overbought zone (near 100) – indicating possible consolidation or correction. The curves are starting to curve downwards – a potential signal for a slight correction in the coming days. 🧠 Scenarios: ✅ Bullish (continued growth): If the $2.95–$3.02 level is broken strongly and confirmed (e.g., by a daily candlestick closing above it), the target will be $3.40. In this case, a quick rally to $3.40 is possible without major obstacles. ⚠️ Bearish (correction): If the $3.02 zone holds as resistance, the price could retrace to $2.75 (the first local support). If downward pressure persists, $2.58 could be tested. 📌 Summary: XRP is in a strong uptrend after breaking out of long-term resistance. In the short term, overbought prices on the Stoch RSI could trigger a correction to $2.75. Key resistance: $3.02 – breaking it could signal further gains towards $3.40. It's worth monitoring price reaction in this zone and candlestick confirmation.
by cryptodailyuk
1
BTC/USD 1H ShortTerm🔍 Trend: The short-term uptrend remains in effect, supported by the orange trendline. The price has tested dynamic support but has not yet broken it. 🟥 Supports (Important Levels): 🔻 1. 119.550 Key support. The price is currently testing it. Holding = potential upside rebound. Breaking = greater downside risk. 🔻 2. 117.260–118.040 USD Clear demand zone (reinforced by prior consolidation). If the price breaks below current support, this is the next logical stopping point. 🔻 3. 115.237–115.500 USD Strong weekly support – very important in the event of a stronger correction. Historically, it has responded many times. 🟩 Resistance: 🔼 1. USD 121.673 The nearest local resistance – this could pose a problem for further growth. 🔼 2. USD 123.961 The last local high. Breaking it confirms the continuation of the uptrend. 🔼 3. USD 125.785 The next resistance – a potential target after a breakout to the upside. 📈 Technical Indicators: RSI (classic): Still below 50, but starting to reverse slightly upward – neutral with a slight potential for a rebound. Stochastic RSI: Gives a long signal – the lines have crossed in the oversold zone and are pointing upward. 📊 Scenarios: 🟢 Bullish: Maintaining the current support zone (119.5–120k). Breakout above 121.673 → target: 123.961. Breakout of 123.961 = trend confirmation and target: 125.8k+ 🔴 Bearish: Break of the trend line and support at 119.550 → possible quick decline to 117.2k–118k. If this doesn't hold, target: 115.2k ✅ Summary: Decisive moment – tested trend line + support = rebound or breakout point. The Stochastic RSI indicates a potential upside breakout, but the RSI needs confirmation. Careful monitoring of volume and reaction to 120k in the coming hours.
COINBASE:BTCUSD
by cryptodailyuk
1
BTC/USD 1H chart short-term🔻 Trend: • Currently visible inheritance channel - confirmed by the yellow inheritance trend (decreasing peaks). • The price tests resistance in the area 117.564 - possible to break out, but requires confirmation of the volume. ⸻ 📊 levels of support and resistance: • resistance: • 117,564 (here we are now - resistance test) • 117,939 • 118,206 (key level - potential breaking from the channel) • Support: • 117,205 - a recent hole, valid short -term • 116,905 • 116,680 - deeper support, possible target with further decline ⸻ 📉 Macd: • The histogram begins to decrease, but the MacD line and the signal line still below zero → still weakness. • Possibility to build a base for reversing the trend, but there is no clear signal intersection. ⸻ 📉 RSI (Relative Strength Index): • RSI below 50, but it starts to reflect slightly. • MA RSI is still falling → no strong growth dynamics. ⸻ 🔍 Applications: • The downward trend still dominates, but the price is trying to pierce local resistance (117.564). • If it breaks above 117,939–118,206 and persists, a possible change in the direction at a short interval. • If he rejects the resistance - a quick descend to 117.205 or lower (116,900-116,680). ⸻ ⚠️ Signals for observation: • Closing the candle 1h above 118.206 - Bullly Breakout. • Rejection of level 117.564 and descent below 117,200 - confirmation of further decline. • MacD and RSI - 50 - potential change of direction.
COINBASE:BTCUSD
by cryptodailyuk
MKR/USDT 4H Chart🔍 1. Technical Pattern: The chart shows a descending wedge (orange lines) that has broken out upward. The breakout occurred on increasing volume (a signal of bullish strength). The price is currently trading above a resistance line, which is now acting as support (~1980 USDT). 📊 2. Support and Resistance Levels: Support (red lines): 1903 USDT – local consolidation support. 1801 USDT – strong support at the previous bottom. 1727 and 1632 USDT – fallback zones in case of strong declines. Resistance (green and blue lines): 2120 USDT – first target after the breakout. 2168 USDT – another strong resistance from the previous consolidation. 2312 USDT – high resistance, potential target if the uptrend continues. 📈 3. Indicators: 🔹 Stochastic RSI: Close to the overbought zone, but not yet giving a sell signal. A short consolidation or correction may occur in the coming hours. 🔹 MACD: The MACD line is above the signal and the histogram is still rising – a buy signal. No signs of weakening momentum. 🔹 RSI: The RSI is rising, but not yet in the overbought zone (>70). Shows the strength of the trend, but there is room for further upward movement. 🧠 Summary and scenarios: ✅ Bullish scenario: If the price remains above 1980 USDT, the next targets are: 2120 USDT 2168 USDT Potentially 2312 USDT with continued demand ⚠️ Bearish scenario (less likely at this time): If the price returns below 1980 USDT and does not regain this level: Possible return to 1903 or lower (1801 USDT).
by cryptodailyuk
LINK/USDT (Chainlink to Tether) from the 4H interval⚡️ Technical situation – quick overview ✅ Breakout from the descending channel (purple lines) ✅ Resistance zone 14.42 – currently being tested ✅ Target within the breakout range – around 17.73 USDT ⚠️ Stochastic RSI in the overbought zone – local correction possible 🟪 Descending channel – broken! The descending channel that has been in place since mid-May has been broken upwards. Such breakouts often signal a change in the local trend. Theoretical range of movement = channel height (~3.30 USDT) added to the breakout point (around 14.42) = ~17.73 USDT – perfectly aligned with your resistance level. 🟢 Key Resistance Levels (green): Level Meaning 14.42 USDT Current tested resistance – psychologically significant 15.65 USDT Local high + June price gap 17.73 USDT Potential target after a breakout – range from the formation 🔴 Support Levels (red): Level Meaning 12.73 USDT Support from the pre-breakout consolidation 11.91 USDT Key defensive level of the uptrend 11.07 / 10.12 USDT Historical support with strong demand reactions 📉 Stochastic RSI (oscillator): Currently deep in the overbought zone (above 80). This may indicate local exhaustion of momentum and a short correction before further upward movement. However: in strong trends, the RSI may remain high for an extended period – it does not automatically provide a sell signal. 📈 Bullish scenario: Retest of the 14.42 level as support → confirmation of the breakout Then a move towards: 15.65 – local stop 17.73 – final target from the channel breakout 🟩 Stop-loss: e.g., below 12.73 USDT (loss of key support) 📉 Bearish scenario: False breakout and decline below 14.42 Loss of the 12.73 level → possible quick decline to 11.91–11.07 🔴 In this case, a new swing low could open the way to 10.12 USDT. 📌 Summary: Element Rating Technical Pattern ✅ Breakout from a descending channel (bullish signal) Current Level ❗ Test of Key Resistance – Decision Point RSI (Momentum) ⚠️ Overbought – Correction Possible Upside Potential (Target) 📈 17.73 USDT Threat ❌ False breakout and return to below 12.73 USDT 🧠 My suggestion (not investment advice): Observe the price reaction at 14.42 – if it holds above and consolidation forms → a signal to continue. If the 4H/1D candle closes below, consider caution, as this could be a bull trap.
by cryptodailyuk
ETH/USDT 1W Chart📊 Trend structure (Price Action) Downtrend (historical): A series of Lower Highs (LH) and Lower Lows (LL) — a classic downtrend. Confirmed by the orange downtrend line. A change in structure — a possible beginning of an uptrend: A Higher Low (HL) has recently been formed after a Lower Low (LL). Suggests a possible end to the downtrend and an attempt to break out upwards. Currently: The price is testing the upper downtrend line. A breakout above the orange line may confirm a trend change. 🟢 Key Resistance Levels (Green Lines): Level Meaning 3.058 USDT Potential target after a breakout from consolidation 2.767 USDT Nearest strong resistance - currently being tested 3.427 USDT Deep resistance level from the previous high (HH) 🔴 Key Support Levels (Red Lines): Level Meaning 2.234 USDT Nearest support - previous breakout 1.883 USDT Early 2023 support 1.507 USDT Local bottom 1.204 USDT Historical support - LL extreme 📉 Stochastic RSI (Momentum Indicator): Currently in the overbought zone. This may suggest a short-term correction before an actual breakout. However, in a strong uptrend, the indicator may "hang out" in the overbought zone for a long time. 📈 Potential scenario: If the breakout above 2.767 and the orange trendline holds: A possible move to 3.058 USDT as the first target. Extended target: 3.427 USDT (HH). If the breakout fails: Correction to 2.234 USDT or lower. There is a risk of returning to a downtrend. ✅ Bullish signals: Higher Low (HL) formation after Lower Low (LL). Testing the upper downtrend line with an attempt to breakout. Volume is increasing (based on candles). ⚠️ Bearish threats: Stochastic RSI in the overbought zone. Breakout not confirmed by 100% (needs a weekly closing candle above 2.767). Resistance at 3,058 could halt the move. 📌 Conclusion: Ethereum (ETH) could be on the cusp of a new uptrend, but a breakout above 2,767 USDT is needed for confirmation. If it does, a move to 3,058 and then 3,427 is possible. However, the current overbought level on the Stochastic RSI could signal a short-term correction before the trend gains strength.
by cryptodailyuk
XRP/USDT 4H📊 1. Trend and moving averages Red line (SMA 10) – short-term, currently rising, which suggests upward momentum. Green line (SMA 20) – also in the upward trend and below the price – dynamic support. Blue line (SMA 50/200) – probably SMA 50 or 200 – the price has broken through it from below and is currently above it – this is a pro-growth signal. 📌 Conclusion: In the short and medium term, a reversal of the trend to growth is visible. 📈 2. MACD (Moving Average Convergence Divergence) The MACD line has crossed the signal line from below, which is a buy signal. The MACD histogram is rising and is above zero – further confirmation of the upward trend. 📌 Conclusion: The upward momentum is increasing. 💪 3. RSI (Relative Strength Index) RSI is currently at ~62, which means that: We are still ahead of the overbought zone (70). RSI is rising – it suggests bullish buyer pressure. 📌 Conclusion: There is still room for further growth before the market is overbought. 🔍 4. Market structure and resistance/support The price is in the 2.30–2.35 USDT zone, which previously acted as resistance. The closest resistance is around 2.38–2.40 USDT – the level from May, where the decline occurred. The closest support is around 2.20 USDT (in line with the green SMA) and stronger at 2.05–2.10 USDT (earlier consolidations). 📌 Conclusion: Breaking 2.40 opens the way to a test of 2.50 and above. 🧠 Technical Summary Aspect Rating Trend (SMA) ✅ Up MACD ✅ Buy RSI ⚠️ Near overbought Resistance/Support ⚠️ Resistance at 2.38–2.40 Movement Potential ✅ To 2.50 or higher 📌 Potential scenarios: ✅ Bullish (uptrend scenario) A hold above 2.30 and a breakout of 2.40 could give an impulse for further gains towards 2.50–2.60. Strong confirmation would be an increase in volume. ⚠️ Bearish (correction scenario) A rejection from 2.38 and a drop below 2.20 could initiate a retest of support at 2.05 or even 1.95.
by cryptodailyuk
1
Is BTC getting ready for a new ATH?🔍 1. Key Support and Resistance Levels (Horizontal Lines): 🟢 Resistances (Green Lines): 114,295.54 — strong resistance resulting from previous highs. 112,767.65 111,009.00 110,685.35 — current key level that price may try to retest after a potential breakout. 🔴 Supports (Red Lines): 108,496.55 — current level being tested, also coinciding with local resistance from the past. 107,687.57 105,888.74 102,909.85 100,848.07 98,208.22 — strong long-term support; in the past, this level was reacted with a strong bounce. 🔶 2. Downtrend channel marked with orange lines: The upper downtrend line acted as resistance. The lower uptrend line acted as support. The price recently broke above the upper line, but is now testing it again - this could be a retrospective retest. ➡️ If the close of the H4 candle is above this line - a possible confirmation of the breakout. 📊 3. Stochastic RSI indicator (at the bottom of the chart): Currently in the uptrend phase after a bounce from the oversold level (<20). The %K line (blue) is crossed upwards by the %D line (orange) - a bullish signal. Still below the overbought zone, which suggests that the potential uptrend still has room to develop. 🧠 4. Market structure and price action: Price broke above the 108.496 level, but is currently struggling to stay above this zone. A retest of the broken triangle could be a healthy move, provided that support is maintained in the 108k–107.6k area. A break below and a close below 107.6k could mean a false breakout and a possible decline towards 105.8k or even 102.9k. 🧭 5. Possible scenarios: ✅ Bullish scenario: Maintaining the 108.496 level and closing the candle above the upper orange line → continued growth. The nearest targets are: 110.685 (first resistance), 111.009 and 112.767 next. ❌ Bearish scenario: The price will not stay above 108k and will fall below 107.687. Possible return to the previous consolidation range with the target: 105.888, and then 102.909 or 100.848. 🧮 Summary: Currently, the decisive moment is underway: a test of support after breaking out of the convergent triangle. The Stoch RSI indicator gives a bullish signal, but the price must confirm the movement by behaving above 108k. Retest and bounce - this is a bullish scenario. A breakdown and return under the trend line - means that the breakout was false.
COINBASE:BTCUSD
by cryptodailyuk
BNB/USD (4h interval)🔍 1. Chart structure Instrument: Binance Coin / USD (BNB/USD) Interval: 4 hours 📐 2. Technical formations 🔸 Breakout from the descending wedge formation The descending wedge (orange lines) is a bullish formation - it suggests a potential breakout upwards. The breakout occurred dynamically, with a large breakout candle (confirmation of the formation). The goal of breaking out of the wedge is usually the height of the entire formation - this is marked with an orange arrow. 📈 Breakout range (target): around $697–710 🟢 Potential next targets: 697.83 (local resistance/projection result) 710.73 (main wedge height projection) 728.12 (strong resistance from history) 📊 3. Supports and resistances 🟥 Support zones (red rectangles): $648.5–637.5 – previous resistance, now tested as support after the breakout. $608.5–592.5 – strong support from previous lows. 🔼 Currently, the price has tested the upper support zone (648–637), reacted positively and continues to move up. 🟩 Resistance levels (green horizontal lines): 679.88 USD – local resistance, first target after breaking out of the wedge. 697.83 USD – projected range from the formation. 710.73 USD – full technical range of the breakout. 728.12 USD – strong resistance from history, may be a long-term target. 📉 4. Trends and support lines Purple upward trend line – currently the price is above, which confirms the short-term upward trend. Its break may lead to a retest of 648–637 USD. Only below this zone can a larger correction be considered. 📈 5. Stochastic RSI indicator Currently in the overbought zone (above 80). Possible temporary cooling – signal for local correction / consolidation. It is worth waiting for the indicator to go down to around 20 to re-enter the long. ✅ 6. Scenarios 🔼 Bullish (base) scenario: Staying above 648–637 USD. Maintaining the uptrend line. Continuation to 679.88 → 697.83 → 710.73. 🔽 Bearish scenario: Breaking the purple trend line. Returning below 648 USD → going down to the 608–592 zone. Negation of the breakout from the wedge. 📌 Final conclusions Breaking out from the descending wedge is a strong pro-growth signal. The price behaves in accordance with technical analysis, testing the previous resistance as support. Currently, the retest and consolidation phase is underway – maintaining the trend line and the level of $648 will be key. The medium-term target is $697–710.
CRYPTO:BNBUSD
by cryptodailyuk
BTC with potential for $115,000/$120,000🔍 Market structure (Price Action) 📈 Trend: The market previously formed higher highs (HH) and higher lows (HL) – a classic uptrend. Then there was a correction and a lower high (LH) and lower low (LL) appeared – a potential change in the trend to a downtrend. The last two lows are again HL (Higher Lows) – suggesting an attempt to return to the uptrend. 🔄 Key support and resistance levels ✅ Resistance (green horizontal lines): 117.469 – local resistance and potential breakout target from the current range. 115.802 – confirmed resistance from previous consolidations. 111.814 – strong local resistance (LH – Lower High formed there). 109.341 – current resistance, the price is currently testing it. 🛑 Support (red horizontal lines): 105.370 – local support, price reacted at this level in recent days. 102.650 – important support, level of previous HL. 100.095 – consolidation level before breaking out upwards. 98.213 – last LL – very important level in the context of defending the structure. 🧭 Structure of peaks and troughs HH: Higher High – confirmed the previous uptrend. LH: Lower High – first warning about changing the structure to down. LL: Lower Low – confirmed a potential change to downside. HL (x2): two more higher lows – suggest a possible return to growth. 📊 Stochastic RSI (at the bottom of the chart) The oscillator is currently in the overbought zone (>80), approaching a downward crossover. It suggests a possible short-term halt in growth or correction. But in strong trends it may "stick" to the upper range. 📌 Potential scenarios: 🟢 Bullish: If the price breaks above 109.341, it may test 111.814 and then 115.802. Continuation of the HL → HH formation will confirm a trend reversal and further growth. 🔴 Bearish: If the price does not stay above 109k and breaks below 105.370, there is a risk of a test of 102.650 and lower. A break of 100.095 and especially 98.213 will negate the growth structure. 🧠 Conclusions: The market is at a key decision point - HL formation vs. resistance zone. Buyers' strength will be confirmed only after breaking 111-112k. Stochastic RSI warns of potential pullback or consolidation.
COINBASE:BTCUSD
by cryptodailyuk
XRP/USD – Technical Analysis (1D)📊 XRP/USD – Technical Analysis (1D) Current Price: • Buy: 2.1554 USD • Sell: 2.1553 USD ⸻ 🧭 Trend & Structure • Price is moving within a rising channel (orange lines). • It’s currently trading closer to the lower trendline, suggesting potential support. Resistance Levels (green lines): • 2.3197 • 2.4404 • 2.5570 • 2.7300 (channel top) Support Levels (red lines): • 2.1467 • 2.0461 • 1.8772 • 1.7444 (key support) ⸻ 📈 Indicators RSI (Relative Strength Index) • Hovering around the 50 level → neutral momentum. • No strong divergence observed – RSI is moving with price. Stochastic Oscillator • %K has crossed %D upward → short-term bullish signal. • Nearing the overbought zone (above 80) → a pullback could occur soon. ⸻ 📌 Interpretation • Price is testing the 2.15–2.16 zone, which has acted as both support and resistance in the past. • A break above 2.32 could open the door toward 2.44 and 2.55 USD. • A drop below 2.04 USD could lead to retesting 1.87 or even 1.74 USD. • Overall trend: neutral to bullish, supported by the rising channel. 🎯 Trading Ideas • Long Entry: Break and close above 2.32 USD with volume → targets: 2.44 / 2.55 • Short Entry: Breakdown below 2.04 USD → targets: 1.87 / 1.74
COINBASE:XRPUSD
by cryptodailyuk
BNB/USDT 1D🕵️‍♂️ General context • Steam: BNB/USDT • Price: 649.52 USDT • Time: 1D (daily interval) • Currently, the reflection is underway after the inheritance, but the technical situation remains uncertain. ⸻ 📈 Trend and market structure • You can see a previous strong drop (visible long red candles). • Currently, reflection is underway to the level of technical resistance (approx. 650–672 USDT). • A medium -term inheritance trend is still in force - marked with an orange interrupted line of decreasing (inheritance) trend. ⸻ 📊 Technical levels 🔹 Opora (green levels): 1. 651.01 USDT - the first tested resistance (current price right next to it). 2. 672.68 USDT - another resistance, above SMA (2), historically strong level of sales. 3. 700.81 USDT - strong psychological and technical level, tested in the past. 🔻 Support (red levels): 1. 636.40 USDT - short -term support (price maintaining just above this level). 2. 625.65 USDT - key support - if it is broken, a possible test of lower levels. 3. 607.62 and 595.27 USDT - subsequent support, where purchases appeared earlier (Long Knoty). ⸻ 📉 Technical indicators 🔵 MacD • Histogram comes out of red - a potential signal of Momentum change to upward. • The MacD line begins to turn up to the signal line - possible Bullly Crossover soon (buy signal). 🟣 RSI • RSI oscillates around line 40-50-it is a neutral zone with a slight tilt down, but RSI-Based has a possible reflection. • Lack of purchase or sale - suggests that traffic can go both ways. ⸻ 🔃 Medium walking (SMAS) • The price is tested by several medium (green, red, blue line): • SMA (1) and SMA (5) are similar and flat - no clear short -term trend. • SMA (2) acts as a strong resistance at 672 USDT. • Need to break out over 672.68 to recognize that the trend can turn around. ⸻ ✅ Applications - technical scenarios 🔼 Bullish (upward) scenario: • Crossing the level 651–672 USDT and closing the daily candle above. • Confirmation by RSI> 50 and MacD crossover. • Target: 700–710 USDT. 🔽 Bearish (inheritance) scenario: • Price rejection with current resistance and descent below 636 → 625 USDT. • If 625 falls, a possible drop in around 607/595 USDT. • RSI may then fall into the sale zone. ⸻ 🧠 Neutral / swing strategy • Currently, the market in potential consolidation between 625 and 672 USDT. • You can consider: • Buying at the lower consolidation limit (625–636) with a stop-loss below 620. • Short or Take Profit at the upper limit (670+) until it breaks out.
by cryptodailyuk
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BTC/USD 1DHello everyone, let's look at the 1D BTC chart to USD, in this situation we can see how the 3rd peak formed us and we are currently fighting to maintain the price or a potential output up if we do not see a try to break out, you can expect a stronger relief. However, let's start by defining goals for the near future the price must face: T1 = 108376 $ T2 = 110473 $ Т3 = 112061 $ Let's go to Stop-Loss now in case of further declines on the market: SL1 = 105444 $ SL2 = 103637 $ SL3 = 100644 $ SL4 = 98285 Looking at the RSI indicator, we see As we entered the upper part of the indicator again, however, there is still a place to try to grow.
BITSTAMP:BTCUSD
by cryptodailyuk
1
SOL/USD🔹 Trend direction Current short-term trend: down Price below key moving averages: SMA50 (green) ≈ 154.84 SMA200 (blue) ≈ 168.79 Price ≈ 142.49 – below both, confirming weakness. 🔹 Supports and resistances (key levels) ✅ Supports: 142.00–143.50 – current level where price is struggling (multiple price reactions). 131.00 – strong support, last low (June 18). 119.00 / 116.00 / 113.00 – next supports from previous consolidations. 95.61 – deep support if market breaks down. ❌ Resistances: 148.00–150.00 – local resistance, coinciding with the red SMA (short-term resistance). 154.84 – resistance (SMA50). 162.00 – resistance (SMA200). 183.00 – main resistance from the May peak. 218.55 – very strong resistance from March. 🔹 Technical indicators 📉 MACD: MACD line < signal, negative histogram → bearish signal. No signs of bullish strength. 📉 RSI: RSI ≈ 41.31 – close to the oversold zone, but not there yet (below 30). RSI trend also downward. 🔹 Formations and trend lines Broken support line after the April-May bullish structure (white trend line). The previous bearish trend line (yellow) was broken in April, but the momentum did not hold. A lower high and lower low may be forming now – a classic bearish structure. 🔹 Potential scenarios 🔻 Bearish: Breakout of 142 → test of 131 → possible drop to 119/116. Staying below SMA50 and MACD still negative = high chance of continuing declines. 🔼 Bullish: Recovery of 148–150 needed → only then a chance to test 154 and SMA50. RSI close to oversold = possible local technical bounce, but not reversing the trend. 📌 Conclusions / Summary General trend: Bearish (down). Sentiment: Negative, no confirmed signals of strength. If level 142 breaks - next test will be at 131. A strong breakout above 150-154 is needed to talk about a change in structure.
by cryptodailyuk
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