Get started

Trendbasedfib

BTC Spot ETF, mixes the marketBTC is experiencing large price fluctuations related to the BTC spot etf, which has been accepted this time. However, it can be seen that the price has returned to the local downtrend line. After unfolding the trend based fib extension grid, we can see the resistance zone from $45,297 to $44,288, and further we can see a decline to around $41,375. Looking the other way, you can see resistance at $46,906, and then a resistance zone was formed from $48,301 to $49,022, which keeps the price from increasing further. The RSI indicator shows a strong recovery, but there is still room for a larger decline, while the STOCH indicator approached the lower limit, which resulted in the correction slowing down.
by cryptodailyuk
LINK/USDT 4H ChartI invite you to review the LINK chart taking into account the four-hour interval. Here we will start by defining, using the blue lines, the upward trend channel from which the price broke out at the bottom, but we can see a quick return and a fight to return to the channel. At this point, it is also worth marking the local downward trend line in yellow, which the price has broken with an upward movement. Looking at the current situation, we will spread the Fib Retracement grid, thanks to which we can confirm the place of return to the channel, as the first significant resistance at the level of $14.28, then we have a visible second resistance at the level of $15.57, and then located at the upper border of the upward trend channel , a strong resistance zone from $16.50 to $17.67. Please look at the EMA Cross 10 and 30 indicator as we can see the red ema cross 10 line attempting to cross the green ema cross 30, potentially indicating a return to the local uptrend. However, it is worth being careful whether this is just a false breakout and the price will start to reverse. In such a situation, we will unfold the fib retracement sheet again to determine the supports. And here you can see support at the level of $13.79, and then it is worth marking the support zone from $12.74 to $12.19, if this zone is broken, we can see the price return to around $10.59. Now it is worth switching to the RSI indicator, which shows an upward trend line that gives rise on the chart, with room for new movements, but after switching to the STOCh indicator, we see that a downward trend has begun, which may, however, result in a price correction.
by cryptodailyuk
ETH/USDT 4HInterval ChartI invite you to review the ETH pair to USDT chart by looking at the analysis performed in the last video. And here we can see that the price has broken through the designated resistances, and is currently struggling to stay above the resistance zone from $2,353 to $2,430, only when it positively tests it will it be able to make another upward move. Now we will move on to unfolding the Fib Retracement grid, thanks to which we will move the previously determined support areas, and here we can see a clear support at the level of $2,278, and then a support zone from $2,228 to $2,166. However, if the price maintains the previous resistance zone, we will be able to see an attempt to increase towards the next very strong resistance level at $2,541. Moreover, in the current movement we can see how a local upward trend channel is forming, which we can define with the help of blue lines. Now we will again pay attention to the RSI indicator, which shows a visible recovery, but there is still room to the upper limit, which may result in an increase in price, in this case, however, the STOCH indicator shows a movement above the upper limit, which could affect the current recovery, but it is clear that there is a lot room for further recovery of the indicator.
by cryptodailyuk
1
BTC Long-Term analysis 4HHello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the four-hour interval. First, we will use blue lines to mark the local upward trend channel in which the BTC price is struggling to stay in the channel. At this point, however, it is worth emphasizing that yesterday's dynamic price movements were caused by false information about the SEC's approval of the Spot ETF for BTC. The announcement was made on the X platform through a hacker hacking the SEC's official account. Next, it is worth turning on the EMA Cross 10 and 30 indicator, which shows that the upward trend is still maintained, but it is worth keeping the red line in mind, because when it crosses the green line from above, it will confirm a potential return to the downward trend. Now we can move on to marking the support areas, and for this purpose we will spread the trend based fib extension saitke, thanks to which we can see that the current decline has been maintained by the support at the level of $44,701, and then it is worth defining the support zone from $43,814 to $42,665, but if the zone is once broken, we can see a decline to the support level of $39,422. Looking the other way, using a grid in a similar way, we can determine places of potential resistance that can effectively reject the price. And here we can see the first resistance that rejected the increases at $47,137, then we have visible resistance around $49,000, and then we can mark the zone from $50,119 to $51,702, which is before an attempt at further increases to the new ATH. Please pay attention to the RSI indicator because you can see that it behaves similarly to the STOCH indicator - both of them show a recovery with room for a potentially larger recovery that could occur in the event of a possible decision regarding spot etf btc.
by cryptodailyuk
1
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.
M
by cryptodailyuk
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.
by cryptodailyuk
1
BTC/USDT 1HInterval Chart ReviewHello everyone, I invite you to review the current situation on BTC in the USDT pair, taking into account the one-hour interval. We will start by defining the upward trend channel with the blue lines in which we are approaching the upper limit, and what is more, we can determine the local downward trend lines from which the price came out on top. Now we can move on to marking support areas in case the price starts to reverse. And here we can see that the support at the level of $43,388 effectively maintains the price, then we have a second support at the level of $42,171, and when the price goes lower, the support zone from $41,299 to $40,199 protects us from very large declines. Looking the other way, we can determine resistance locations in a similar way using the trend based fib extension tool. First, we will mark the significant resistance at the level of $44,887, with the golden fib point of 0.618, which the price is struggling to maintain. If the positive level is maintained, we may see an attempt to attack towards a very strong resistance zone from $45,557 to $46,411, which keeps the price from rising to around $48,000. Please pay attention to the RSI indicator, because despite the dynamic growth there is still room for an upward movement, the STOCH indicator shows a clear break above the upper limit, which resulted in a slight rebound, but it is worth being careful because the price may go lower.
by cryptodailyuk
BNB/USDT 4HInterval Chart support and resistanceHello everyone, let's take a look at the BNB to USDT chart on a four-hour time frame. As you can see, the price is moving below the local downtrend line. After unfolding the trend based fib extension grid, you can see support at the level of $302, which has maintained the price, and then you can see the support zone from $295 to $286. Looking the other way, there is resistance at $313, followed by a strong resistance zone from $327 to $334. Looking at the RSI indicator, we can see a rebound with room for a larger decline, while the STOCH indicator shows a rebound from the lower limit, which is also confirmed by a slight price rebound on the chart.
by cryptodailyuk
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.
by cryptodailyuk
1
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.
by cryptodailyuk
BTC Long-Term Hello everyone, I invite you to check the long-term view of the situation of BTC in pair with USDT. For this purpose, we will start by defining the main downward trend line using the yellow line, from which the price, after going up, began to create the current upward trend channel marked in blue. Going further, using the Fib Retracement grid, which should be spread from the last price peak to the bottom, we will determine a very strong resistance at $48,634 at 0.618 Fib, the so-called golden Fibon point, at which the price had a pre-halving correction in previous cycles. Further, taking into account the latest local movement, we will spread the trend based fib extension grid, thanks to which we can expand the resistance to the resistance zone from $46,729 to $48,634. This is a zone with very strong resistance on the way to the new ATH. Looking the other way, you should determine the support points when the price starts to recover, similarly here, from the price bottom, we will spread the Fib Retracement grid and determine the support at the level of $34,566, and the second one at the level of $27,297. At this point, taking into account the recent increase, we will again unfold the fib retracement grid, thanks to which we can see additional support at the level of $37,990, and the support lower can be extended to the support zone from $34,566 to $33,092. Please look at the RSI indicator, which shows that there is a lot of room for further price recovery, and if we look at the STOCH indicator, it also shows room for recovery.
by cryptodailyuk
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.
by cryptodailyuk
2
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.
by cryptodailyuk
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.
by cryptodailyuk
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.
M
by cryptodailyuk
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.
by cryptodailyuk
ETH/USDT 1DInterval ChartHello everyone, I invite you to a review of ETH in pair with USDT, also on a one-day time frame. First, we will use the yellow line to mark the downward trend lines from which the price came out on top. Now let's move on to marking the support places. We will use the trend based fib extension tool to mark supports, and as you can see, the first support is at the price of $2,152, but if the support is broken, we may see a drop to the area of the strong support zone from $1,881 to $1,738. 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 level of $2,459, and then the price must face the resistance zone from $2,833 to $3,028. Now please look at the RSI indicator, which shows a slight rebound from the middle of the range, with room for price growth. However, the STOCH indicator shows that we are exceeding the upper limit, which may limit the upward movement. Index CHOP indicates that there is a lot of energy for the upcoming move.
by cryptodailyuk
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.
COINBASE:BTCUSD
by cryptodailyuk
ETH/USDT 4H ChartSupport and resistance for Ethereum, as you can see, the price remains on the local upward trend line. After unfolding the trend based fib extension grid, we can see support at $2,260, and then we have a support zone from $2,174 to $2,128. Looking the other way, we see resistance at $2,350, and then we have a strong resistance zone from $2,441 to $2,491. The CHOP index indicates that there is a lot of energy for the upcoming move, while the STOCH indicator shows a rebound with room for further decline.
by cryptodailyuk
1
BTC/USDT Support and Resistance 30MIntervalThe closest supports and resistances for BTC to USDT, taking into account the 30-minute time frame. after unfolding the trend based fib extension grid, we can mark support at $43,586, then we can see the support zone from $43,282 to $43,114, and then support at $42,651. Looking the other way, you can see that the price is fighting against the resistance zone from $43,854 to $44,018, and then it may go towards the resistance at $44,449. It is worth paying attention to the RSI indicator and the STOCH indicator, which are at the upper limit, which may result in a price recovery.
COINBASE:BTCUSD
by cryptodailyuk
ETC/USDT 4HInterval ChartHello everyone, I invite you to review the ETC pair to USDT chart. First, we will use yellow lines to mark the downward trend line from which the price broke out with an upward movement. And currently we can see movement along the local upward trend line. With the current upward movement, it is worth spreading the Fib Retracement grid, thanks to which we can determine a strong resistance zone from $21.58 to $22.39, in which the price is currently struggling, while an upward move from this zone may result in an upward movement around $23.44 . On the other hand, when the recovery begins, we can see support at $20.80, then we can mark the zone from $19.94 to $19.33, and then support at $18.54. If we look at the RSI indicator, we will see a movement at the upper limit of the range, just as on the STOCH indicator we are also bouncing from the upper limit. Looking at both of these indicators, we can expect the price to recover in the coming hours.
by cryptodailyuk
ETH/USDT 4HInterval ChartPlease see the chart of ETH in pair with USDT and here we will return to the four-hour interval. First, we will determine the local channel of the downward trend from which the price broke out with an upward movement. In order to determine resistances, it is worth spreading the fib retracement grid, and we will see that the price is struggling with a strong resistance zone from $2,294 to $2,343, and when it is overcome, it will move towards the next important resistance at $2,404. In the same way, to determine the supports, we will unfold the Fib Retracement grid again, we will see support at the level of $2257, the next one is around $2203, and then it is worth defining the support zone from $2165 to $21117, right at the lower border of the previously mentioned channel. The CHOP indicator shows that there is still energy to make a move, the RSI indicator is approaching the upper limit, which may affect the price recovery, and the STOCH indicator shows a move near the upper limit, which may also affect the price's attempt to recover.
by cryptodailyuk
1
BTC/USDT 1HInterval Short-TermHello everyone, I invite you to review the BTC to USDT chart and here we will check the situation in the one-hour time frame. It is worth starting by identifying the uptrend line from which the price broke out sideways, moving in the local sideways trend channel. Now let's move on to marking the support places. We will use trend-based Fib extension grids to mark the supports and here we can immediately see that the price remains in the support zone from $43,691 to $43,510, then support appears at $42,961 and then we can see a drop to around $42 083 USD. Looking the other way, we can similarly mark places where the price should encounter resistance on its way up. As you can see, resistance was formed at the level of USD 43,801, then just at the upper border of the horizontal trend channel there is a resistance zone from USD 44,216 to USD 44,435, and after overcoming it we can observe an increase to approximately USD 45,064. Turning on EMA Cross 10 and 30 we see that they indicate a return to the local downtrend, it is worth watching the indicator's behavior in the coming hours. The CHOP index indicates that there is still energy to move, on the RSI we are moving around the middle of the range in a local downward trend, while the STOCH indicator remains at the lower limit, which may result in an attempt to increase the price.
by cryptodailyuk
1