Get started

Trendbasedfib

BTC/USDT 4HInterval Review ChartHello everyone, I invite you to review the current situation of BTC in the USDT pair, taking into account the four-hour interval. First, we will use the yellow line to mark the downward trend lines from which the price has moved into the upward trend channel marked with blue lines. When we look at the EMA Cross 200, we see that the price remains above the blue 200 moving average line, which indicates that the uptrend is continuing. Now we can move on to marking support areas in the event of a correction. And here, first of all, it is worth marking the support zone in which the price currently ranges from $27,711 to $27,180, but when we fall below this zone, we may see a drop to the area of the second zone from $16,309 to $25,682. Looking the other way, we can determine resistance locations in a similar way using the Fib Retracement tool. As you can see, the price after crossing the resistance at $28,190 and touching the upper border of the channel was quickly reversed, but when we manage to break above this resistance, we can see an attempt to increase towards the strong resistance zone from $29,087 to $30,219. Please pay attention to the CHOP index, which indicates that after the previous strong exhaustion, we are trying to rebuild energy, on the STOCH indicator we are clearly moving towards the lower limit, which confirms the sideways trend and energy collection, while on the RSI indicator, despite the recovery, we returned to the middle of the range, which indicates that there is still room for the price to be brought down.
by cryptodailyuk
3
ETH/USDT Short-Term 1HInterval ReviewHello everyone, let's take a look at the ETH to USDT chart on a 1 hour time frame. As you can see, the price is starting to break out of the local upward trend line. After expanding the Fib Retracement tool, we see that the price is just below the strong support at $1,639, then we have a second support at $1,606, and then we can see a decline to the support level of $1,562. Looking the other way, we see that first there is a resistance zone from $1,656 to $1,677, then we have resistance at $1,693, and then a second resistance zone from $1,710 to $1,733. Looking at the CHOP indicator, we see that energy is slowly being collected, the STOCH indicator again shows a strong use of energy for a price drop, while on the RSI, each rebound ends with a stronger downward reaction.
by cryptodailyuk
3
BTC Short-Term Review ChartHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price is struggling to stay on the local upward trend line. After unfolding the Trend Based Fib Extension tool, we see that the price is based on the support zone from $27,407 to $27,089, but when we fall below this zone, we can see the price quickly return to the support zone at $26,169. Looking the other way, we see that the first resistance is at $27,888, then the second resistance at $28,167, the third resistance at $28,580, and then we have a strong resistance zone from $28,879 to $29,309. Looking at the CHOP indicator, we see that a lot of energy has been accumulated for the move, the STOCH indicator indicates that most of the energy is exhausted, which has slowed down the decline, but the RSI indicator still shows room for the price to go lower.
by cryptodailyuk
1
LTC/USDT 4HInterval ReviewHello everyone, I invite you to review the LTC/USDT chart on a four-hour interval. As we can see, the price remains above the local upward trend line marked in yellow. At this point, it is also worth marking the first and currently second attempt to exit the moving average above 200, which indicates a return to the upward trend, but now the price must remain above the blue line. When we unfold the FIb Retracement grid, we see the first support at the level of $66.24, then we can mark a strong support zone from $64.60 to $63.28, then support at the levels of $61.97, and then another support at the level of 60, $08. Looking the other way, we immediately see that the price has been rejected from the strong resistance at $67.95, and when it overcomes it, it must face another strong resistance at $70.74 before further increases. When we look at the CHOP index, we can see that the recovery affects the gathering of energy, the STOCH indicator shows that despite the decline, the recovery creates room for stronger upward price movements, while the RSI indicator has not reached the upper limit, which may indicate that the price will try to increase again when BTC will stay around $28,000.
by cryptodailyuk
BTC growth, what's next?Hello everyone, I invite you to review the current situation of BTC in the USDT pair, taking into account the one-day time frame. First, we will use the yellow line to mark the downward trend line and, as we can see, the price has moved upwards from this line, and we can also see that in the same place the price has broken the blue EMA Cross 200 line, which indicates a return to the upward trend. Now we can move on to marking support areas in the event of a correction. And here, after unfolding the Fib Retracement grid, we first have support at the level of $27,483, and then we need to mark a very strong support zone from $26,284 to $24,777. Looking the other way, we can determine resistance areas in a similar way. First of all, we will mark the resistance that the price is currently struggling with at the level of $28,360. As you can see, at the moment the price has returned to this level, only when it is positively tested will it move towards the resistance zone from $29,175 to $30,337. and then we have strong resistance at $31,819. Please pay attention to the CHOP index, which indicates that most of the energy has been used, the STOCH index also exceeded the upper limit, which resulted in the inhibition of the upward movement, but the RSI index shows an increase, but with room for the price to go further, which is worth taking into account .
by cryptodailyuk
2
DOT/USDT 4H interval Review ChartHello everyone, let's take a look at the DOT to USDT chart on a 4-hour time frame. As you can see, the price has broken out of the downward trend line and is currently fighting with EMA Cross 200 to return to the strong upward trend. After unfolding the Trend Based Fib Extension grid, we have a visible support zone from $4.13 to $4.07, and then there is a strong zone from $4.03 to $3.98. Looking the other way, you can see that the price is fighting a strong resistance at $4.19, and when it overcomes it, it must pass a second resistance at $4.26 before further increases. Looking at the CHOP indicator, we see that most of the energy has been used, while the STOCH indicator and the RSI indicator indicate that the upper limit has been exceeded, which may slow down the current growth and provide a moment of relief.
by cryptodailyuk
2
SOL/USDT 4H Interval ReviewHello everyone, I invite you to review the SOL chart in the USDT pair. First, we will use the yellow line to mark the downward trend lines from which the price has gone up, while currently, we can use the blue lines to mark the sideways trend channel where the price is at the upper limit. As you can see, the price is again above EMA Cross 200, and here we should watch whether it will be possible to stay above this line in the upward trend. When we unfold the Trend based fib extension grid, we can see a visible support zone from $19.45 to $18.76, but when the price exits the zone at the bottom and therefore exits the current channel at the bottom, we can see a drop to the vicinity of the second support zone to $17.65 to $16.85. Looking the other way, we see that the price has reached the resistance zone from $20.33 to $20.71, which has reduced the price for now. However, if it manages to break through this zone, the price must face the second zone from $21.26 to $21.95. Please look at the CHOP index, which indicates that the energy in this upward movement has been used up, on the STOCH indicator we are moving above the upper limit, which should result in a price recovery, while on the RSI we are in the upper part, which may also indicate an inevitable correction.
by cryptodailyuk
1
BTC/USDT Short-Term ReviewAs we can see, the price remains in an important resistance zone, the maintenance may result in an increase in the coming hours to around $28,000, but when the zone rejects the price, a support zone from $26,382 to $26,135 will be important. The next scenario will take place near the support zone: Option 1 is to keep the price around this zone and then increase. Option 2: leaving the support zone at the bottom and falling to around $24,900. The CHOP, STOCH and RSI indicators indicate the depletion of energy, which should provide a moment of relaxation in order to gather energy again.
by cryptodailyuk
3
TOMO/USDT 4H Review ChartHello everyone, let's take a look at the TOMO versus USDT chart on a four-hour time frame. As you can see, the price is moving above the local uptrend line. Let's start by determining the support line and as you can see, the first support in the coming hours is $1.20, if the support is broken, the next support is $1.10, and then we have a strong support zone from $1.01 to $0.92. Looking the other way, we see that the price is in the resistance zone from $1.24 to $1.31, then we have resistance at $1.35, then the second resistance zone from $1.41 to $1.48, and then resistance at $1.57. Looking at the CHOP indicator, we see that there is still energy for a move, while the RSI indicator, despite a slight price drop, has returned to near the middle of the range, which creates room for future growth, but before that we can see a greater recovery.
T
by cryptodailyuk
4
ATOM/USDT Review Chart Hello everyone, I invite you to review the ATOM chart in pair with USDT. First, we will use the blue lines to mark the downward trend channel in which the price moves in the upper range. Going further, we can move on to marking support areas when we start a larger correction. And here you can see that the price remains at the support zone from $7.08 to $6.09, but if we fall lower, the next support zone starts at $5.10 and ends at $3.70. Looking the other way, we see that the price currently does not have the strength to break the resistance at $7.90, but when it does, it will move towards the first resistance zone from $8.93 to $9.76, and then towards the second zone from $10.59 to $11.76, then we have strong resistance at $13.25. Please look at the CHOP index, which indicates that we are quickly regaining energy for a new move, on the RSI we are in the process of recovery, which creates room for new increases, but the STOCH indicator shows that the dynamic movement of energy gives a very small price increase on the chart, which may translate into price recovery again.
by cryptodailyuk
2
MKR Chart Review 4HIntervalHello everyone, I invite you to review the MKR chart on a four-hour interval. As we can see, the price has risen from the downward trend line marked with a yellow line, but currently we are moving in a visible upward trend channel, marked with blue lines. Let's start by marking support places for the price and we can see that first we have a support zone from $1277 to $1220, but if the price drops lower, we have a second zone from $1173 to $1127, and then a third strong support zone from $1062 to $978. Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the price has currently fallen through the resistance zone from $1,350 to $1,407, but when we break out of it, we can see an increase to the area of the second zone from $1,498 to $1,563. The CHOP index indicates that we still have a lot of energy to make a move, the RSI after the rebound shows an increase with room for the price to go higher, but looking at the STOCH indicator we can see that the blue line has exceeded the upper limit, which may cause increases and even give the price a rebound.
by cryptodailyuk
1
ETH/USDT 4H Review ChartHello everyone, I invite you to review the chart of ETH in pair with USDT, also on a four-hour interval. First of all, using the yellow line, it is worth determining the downward trend lines under which the price continues to stay. 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, first we have a support zone from $1,588 to $1,563, but if the price falls below this zone, we have a second strong zone from $1,537 to $1,501. Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here you can see that the price is fighting the resistance at $1,595, then we have the first resistance zone from $1,616 to $1,632, then there is the second zone from $1,648 to $1,671, and then strong resistance at $1,700. The CHOP index indicates that despite the recent move, we quickly regained energy, the RSI indicator shows a dynamic rebound after approaching the lower limit, while the STOCH indicator confirms the rebound, but you should be careful here because you can see the rapid use of energy.
by cryptodailyuk
BTC/USDT 4HInterval Review Hello everyone, I invite you to every Friday cryptocurrency review. Let's start by checking the current situation on the BTC to USDT pair, taking into account the four-hour interval. First, we will use the yellow line to mark the downward trend line from which the price has gone up and is currently staying just above the line. However, it is still worth marking the side trend channel to which the price has returned with blue lines. Now we can move on to marking support areas in the event of a correction. And here, first of all, it is worth marking the support zone from $26,233 to $25,851, but when we fall below this zone, we have a second strong zone from $25,468 to $24,920, and then support at $24,218. Looking the other way, we can determine resistance locations in a similar way using the trend based fib extension tool. First, we have resistance at $26,647, then it is worth marking the resistance zone from $27,019 to $27,329, when the price breaks it, we have the second zone from $27,629 to $28,073, and then resistance at $28,631. Please pay attention to the CHOP index, which indicates that the energy in the downward movement has been used up and is currently slowly growing, the RSI showed a rebound to the lower limit and we are currently rebounding, while the STOCH indicator also confirmed the exhaustion of energy in the downward movement, which stopped a further price decline in this movement.
by cryptodailyuk
XRP/USDT 1H Interval ReviewI invite you to review the chart of XRP paired with USDT. First of all, we will use the blue lines to mark the downward trend channel from which the price emerged at the top, which is important that the exit from the channel was based on an increase similar to the height of the downward channel itself. Currently, it can be seen that the price is moving along a local upward trend line, with three resistance points visible. It is worth mentioning that XRP is one of the few that stays above the blue 200 moving average line, and therefore remains in an upward trend. Going further, we can move on to marking places of support when the recovery begins to deepen. And here you can see that the price remained in the support zone from $0.51 to $0.50, but it is still worth defining a second, similar strong zone from $0.48 to $0.47. Looking the other way, we see that the price has been rejected from the resistance zone from $0.515 to $0.53, only when we manage to break out of it, we will see an attempt to increase towards the resistance level at $0.55. Please look at the CHOP index, which indicates that we still have a lot of energy to make a move, on RSI we are staying around the middle of the range, but adding the STOCH indicator to this, we have a visible rebound when we cross the upper limit in order to gather new energy for the move.
by cryptodailyuk
2
BNB/USDTShort-Term 1H ReviewHello everyone, I invite you to review the BNB/USDT chart. As we can see, the price has broken down from the upward trend channel, and currently we remain below the downward trend line, and what's more, when we look at the EMA Cross 200, we see that we have also fallen below the moving average, which means a return to the downward trend. Let's start by marking support points for the price and we can see that first we have a support zone in which the price stays from $212 to $209, but if the price drops lower, the next support is at $206.4. Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the current rebound was reversed before it reached the first resistance zone from $213 to $215, then we have resistance at $217.8, and then a strong resistance zone from $219 to $222, where the price ended the previous move growth. The CHOP Index indicates that most of the energy is currently being used. On the RSI, we are reflecting from the mid-range border, at which the price is declining, while on the STOCH indicator we have confirmation that when the energy reached the upper limit, the price rebounded and we are currently in the energy loading trend.
by cryptodailyuk
2
ETH/USDT 1HInterval Review ChartHello everyone, I invite you to review the ETH pair to USDT chart, also on a one-hour time frame. First, using the yellow line, we will mark the local upward trend from which the price broke down. At this point we can see that the break from the trend line also resulted in a drop below the EMA Cross 200, indicating a return to the downtrend. 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, first we can mark the support zone from $1,583 to $1,560, but if we fall below this zone, we may see a drop to the strong support level of $1,530. Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here you can see that the price has been reduced by the resistance at the level of $1,600, when it overcomes it we have the second resistance at the level of $1,620, then we have the third resistance at the level of $1,637, and going further, it is worth defining a strong resistance zone from $1,654 to $1,677. The CHOP Index indicates that most of the energy has been used. the RSI indicator shows an increase towards the middle of the range, which indicates that there is still room for price increases, while the STOCH indicator has exceeded the upper limit and we are currently recovering and gathering energy for a new move, which confirms that the growth on the chart has stopped.
by cryptodailyuk
BTC Short-Term 1HInterval ReviewHello everyone, I invite you to review the BTC to USDT chart, taking into account the short time frame of one hour. First, we will use the yellow line to mark the downward trend from which the price has gone up, entering the upward trend channel which we can use the blue lines to define. As we can see, the price is moving at the lower border of the mentioned channel. When we turn on the EMA Cross 200, we can see a drop below the blue moving average line 200, with which the price is currently struggling to stay in the upward trend. Going further, we will check support areas for the price when the correction begins to deepen. For this purpose, we will use the Trend Based Fib Extension tool and after unfolding the grid, we see that the price remains in the support zone from $26,725 to $26,249, when we exit the upward channel at the bottom and fall below this zone, we have a second support zone from $25,861 to $25,472 , and we still have strong support at $24,930. Looking the other way, we can determine resistance areas in a similar way. And here you can immediately see that just above the current support zone, a strong resistance zone begins from $26,840 to $27,371, only when the price breaks out of it and maintains it positively, will we see a move towards the support at $28,044. Please pay attention to the CHOP index which indicates that we have a lot of energy to use, the RSI shows a visible increase towards the middle of the range, which indicates that there is still a lot of room for a price increase, but at this point it is worth looking at the STOCH indicator where the energy was used in an upward movement, which is why you should be careful because it may result in another price rebound or, in a better scenario, a temporary sideways trend.
by cryptodailyuk
3
BNB/USDT 4HIntervalHello everyone, let's take a look at the BNB to USDT chart on a 4-hour time frame. As you can see, the price has moved higher from the local downtrend line. After unfolding the Trend Based Fib Extension grid, we see that first there is a support zone from $213 to $207, and then we have a second strong zone from $199 to $193. Looking the other way, we see that the price has been rejected by the resistance zone from $217 to $221, then there is resistance at $226, another at $232, and the next one at $240. Looking at the CHOP indicator, we see that there is a lot of energy to be used for movement, on RSI we are in the process of recovery with room for further decline, but the STOCH indicator indicates that the energy in movement is running out, which may impede a further price drop.
by cryptodailyuk
1
XRP/USDT 4H Review ChartHello everyone, let's take a look at the XRP to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local downtrend line. After unfolding the trend based fib extension grid, we see that first we have a support zone from $0.49 to $0.48, and then we have a second zone from $0.46 to $0.44. Looking the other way, we can see that the price has broken out of strong resistance and is struggling to maintain its position, while we still have resistance at $0.53, and then strong resistance at $0.58. Looking at the CHOP indicator, we see that there is still energy to continue the movement, while the RSI shows a visible increase, but there is some room for the price to go slightly higher.
by cryptodailyuk
2
LTC/USDT Review ChartGoing further, we will check what the situation on LTC looks like, taking into account the four-hour interval. let's start by marking the downward trend channel with blue ones, from which the price went up and started moving along the local upward trend line, above which it is currently staying. At this point, it is worth marking the first and current second attempt to return above ema cross 20o to the upward trend, which has been rejected at this time. After unfolding the Trend Based Fib Extension tool, we can mark the first support zone from $64.86 to $62.94, then we can mark the second zone from $59.85 to $57.66, and then strong support at $54.84. 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 zone from $66.70 to $69.17, only when it is broken we will see an attempt to attack the resistance at $72.30. The CHOP index indicates that most of the energy has been used, on the RSI we approached the upper limit, to which the chart reacted with a price recovery, while the STOCH indicator indicates that currently the energy needs to recover before the price increases further.
by cryptodailyuk
ETH/USDT 4HInterval Review ChartHello everyone, I invite you to review the ETH pair to USDT chart, also on a four-hour time frame. First of all, we can use the blue lines to mark the downward trend channel from which we could see the exit from the top and we are currently moving above the local upward trend line. However, it is worth noting that at this point it was not possible to break out of the moving average of 200, which indicates that the downward trend remains. Now let's move on to marking the support places. To mark supports, we will use the trend based fib extension tool, and as you can see, first we have a support zone from $1,618 to $1,587, then we will mark the second visible zone from $1,563 to $1,537, and then the third strong zone from $1,500 to $1,454. 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 $1,652, which has currently rejected the price increase, then we have to overcome a strong resistance zone from $1,685 to $1,727, only after going higher and testing this zone will we see further increases. Index CHOP indicates that energy has been used. On the RSI, despite room for growth, the correction on BTC also had an impact on the entire market, which resulted in a price recovery, while the STOCH indicator showed energy consumption, which resulted in a quick recovery.
by cryptodailyuk
2
BTC 1H Interval Review ChartHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price has moved higher from the local downtrend line. After unfolding the Trend Based Fib Extension grid, we see that we have a support zone from $26,040 to $25,573, and then we can designate a second strong support zone from $25,193 to $24,802. Looking the other way, we see that the price is trying to overcome the resistance at $26,741, and when it does, it will move towards the resistance zone from $27,231 to $27,879. The CHOP index indicates that most of the energy was used in the current move, on the RSI we are moving in the upper part of the range and reversals give room for growth, while the STOCH indicator indicates that the energy in this move has been used, which may provide a moment of recovery.
by cryptodailyuk
2
BNB/USDT 1DInterwal Review ChartHello, I invite you to review the BNB chart taking into account the one-day time frame. As we can see, the price is still in the downtrend channel marked with blue lines. When we unfold the Trend Based Fib Extension grid, we see that the price remains in a strong support zone from $212 to $205, but when we fall lower we have a second zone from $199 to $189, and further we can see the price drop to the support level of 176 $. Looking the other way, we can similarly determine the resistance areas that the price must face. And here it is worth marking the main strong resistance zone from $229 to $244, only when the price goes above it and tests positively will we see an increase to the area of strong resistance at $270. The CHOP index indicates that energy is slowly gaining strength. On the RSI we are moving in the lower part of the range, which should bring an increase in the price in the coming days, while on the STOCH indicator we also have a lot of room for the price to start growing, which may have a positive impact on the valuation of BNB.
by cryptodailyuk
3