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Trendbasedfib

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.
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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
ETH/USDT 4HInterval ReviewHello everyone, I invite you to review the chart of ETH in pair with USDT, also on a four-hour interval. First of all, we can use the blue lines to mark the downward trend channel in which the price is currently moving and, as we can see, we have another attempt to exit the prevailing downward channel. 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 one we have is a support zone from $1,575 to $1,544, which has kept the price from falling further, and then we have a second strong support zone from $1,493 to $1,457. Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here we have resistance at the level of $1,606, then there is a strong resistance zone from $1,628 to $1,683, if it manages to break out of it, the price must overcome the resistance at $1,726 before further increases. The CHOP index indicates that there is a lot of energy for a move, there is a visible increase on the RSI and there is room for the price to go higher, while the STOCH indicator indicates that there is no energy for an upward move, which may result in an increase in the price and then a slight rebound to gain energy.
by cryptodailyuk
BTC/USDT 4HInterval Review ChartHello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the four-hour interval. First of all, we will mark the side trend channel with blue lines, in which, as we can see, the price tried to go up, but quickly returned to the channel and currently the attempt to leave the channel down also ended with the price quickly returning to the side trend channel. When we turn on EMA Cross 200, we see that the price is still in a downward trend under this line, but an upside exit from EMA Cross 200 may result in an upside exit from the channel and a return to the uptrend. Now we can move on to marking support areas in the event of a correction. For this purpose, we will use the Trend Based Fib Extension tool and we can see that first we have a support zone from $25,760 to $25,287, then we have a second zone which has kept the price from falling further from $24,901 to $24,515 for now. Looking the other way, we can determine resistance areas in a similar way. First, we will mark the resistance zone from $26,093 to $26,466, when it is overcome, we have resistance at the level of $26,839, which is located at the upper border of the side trend channel, and when it is overcome, we have a second zone from $27,365 to $28,037, only when the price tests it positively, it will be able to go up further. Please pay attention to the CHOP index which indicates that the energy for growth is slightly increasing, on the RSI we are moving in the upper part, which may result in a slight recovery, while the STOCH indicator also indicates that the energy for growth is running out, which may result in a slight price recovery.
by cryptodailyuk
2
LTC/USDT 4H Chart ReviewI invite you to review the LTC to USDT chart also on a four-hour interval. At the beginning, we can use the blue lines to mark the downward trend channel in which we move along the lower border. Let us now move on to determining supports for the LTC price in case the current correction deepens and here we can notice that we are at the support level of $59.12, but if we break out of it below, the next support will be at $55.99. Looking the other way, similarly using the fib Retracement tool, we can determine the resistance areas that the price must face. And here we see that the first resistance zone is from $61 to $63, then we have the second zone from $64 to $66, then resistance at $68.18, and then strong resistance at $70.69. The CHOP index indicates that the energy has been used up and is slowly growing, on the RSI we exceed the lower limit, which may end the current correction or slow it down, while looking at the STOCH indicator we see that the energy is running out, which can also give us a moment of rest before further movement.
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, we will use the yellow line to mark the local downward trend line under which the price is currently located. 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 with the price ranging from $1,581 to $1,528, the second support is at $1,528, but if the support does not maintain the price, we may see a quick price drop in support area at $1,440. Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here we have a resistance zone from $1,611 to $1,640, then we can mark the second zone from $1,686 to $1,719, and then strong resistance at $1,761. As we can see, the volume is definitely on the sellers' side, but what is important here is that the volume itself is not high. Index CHOP indicates that energy has been used. On the RSI, we have exceeded the lower limit of the range, which may affect the deceleration of the current correction, while the STOCH indicator is also close to exceeding the lower limit, but before it does so, the price may move down.
by cryptodailyuk
BTC Review Chart 4HIntervalHello everyone, I invite you to review the current situation on BTC in the USDT pair, taking into account the four-hour interval. First, we will use the yellow line to mark the local downward trend line from which the price has moved sideways, but at this point it is worth marking the sideways trend channel in which the price moves at the lower border with blue lines. When we turn on EMA Cross 200, we see that the exit attempt was unsuccessful and we are still in the ongoing downward trend. Now we can move on to marking support areas in the event of a correction. For this purpose, we will use the trend based fib extension tool. And here, first of all, it is worth marking the support zone from $25,787 to $25,379, where the price currently holds, but when we fall below this zone, we may see a drop to the area around the second zone from $25,048 to $24,708. Looking the other way, we can determine resistance areas in a similar way. First, we will mark the resistance zone from $26,073 to $26,548, where the price increase has been rejected, when it is overcome, we have a second significant zone from $27,264 to $27,807. Please pay attention to the CHOP index, which indicates that more and more energy is being collected for the movement, on the RSI we see a visible rebound to the lower part of the range, but with room for the price to go slightly lower, while the STOCH indicator also indicates that energy has been used up, but a quick rebound of energy may give a further drop to the price in the coming hours.
by cryptodailyuk
BTC 1H 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 approaching leaving the triangle, moving along the local upward trend line. As you can see, we are close to returning above EMA Cross 200, which would change the trend to an upward one. When we spread the trend based fib extension grid, we see a support zone from $25,762 to $25,642, and then a second support zone from $25,455 to $25,319. Looking the other way, you can see that the price is fighting the first resistance zone from $25,881 to $26,036, then we have resistance at $26,159, and then the second resistance zone from $26,281 to $26,458. The CHOP index indicates that there is still energy for movement, on the RSI we remain in the middle of the range, while the STOCH indicator indicates that we may see a slight price recovery.
by cryptodailyuk
1
MATIC/USDT 4H Interval Review ChartJHello everyone, I invite you to review the MATIC chart on a four-hour interval. First, we will mark with blue lines the downward trend channel in which the price is currently approaching the upper limit, which may provide an indication of the price direction in the coming days. When we look at EMA Cross 200, we can see that a break above the current channel may result in a return to the strong upward trend for MATIC. Let's start by marking support points for the price and we can see that first we have a support zone from $0.55 to $0.49, where the price is currently holding, but if the price drops lower, the next zone is from $0.41 up to $0.35. 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 bounced off the resistance at $0.61, then we have the first resistance zone from $0.67 to $0.71, and then we will move towards the second zone from $0.76 to $0.83 $. The CHOP index indicates that there is still a lot of energy for a continuation of the movement, the RSI index is back to the lower part of the range, while the STOCH indicator indicates that MATIC has been oversold, which may affect the side trend or price rebound.
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by cryptodailyuk
3
BTC/USDT 4HInterval ReviewHello 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 the yellow line to mark the downward trend line from which the price went up. Now we can move on to marking support areas in the event of a deepening correction, for this purpose we will use the trend based fib extension tool and after unfolding the grid we can see that the price remains just above the support zone from $25,781 to $25,373, but when we fall lower we have a second zone support from $24,711 to $24,237. Looking the other way, we can determine resistance areas in a similar way. First, we will mark the resistance at the price of $26,062, then the second resistance at the price of $26,531 is visible, then the third resistance at the price of $26,891, and then the price will move towards the resistance zone from $27,273 to $27,799. When we turn on the EMA Cross 200, we see that the price still remains below this line, which indicates that BTC is in a strong bullish trend. Please pay attention to the CHOP index, which indicates that the energy is slowly starting to grow, the RSI shows a quick recovery after the increase, but there is still room for us to go lower, while the STOCH indicator confirms the use of energy for a decline, but with room for the price to go a little lower.
by cryptodailyuk
2
ETH/USDT 4H Interval ReviewHello everyone, let's take a look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price is moving below the local downtrend line. After unfolding the Trend Based Fib Extension grid, we see that the price stays in the support zone from $ 1636 to $ 1614, then there is the second zone from $ 1597 to $ 1581, and then support at $ 1556. Looking the other way, we see that the first support is at $1650, the second is at $1665, the third is at $1680, and then we have a support zone from $1701 to $1727. The CHOP index indicates that most of the energy has been used, the RSI is moving around the middle of the range, while the STOCH index indicates that there is less and less energy for further price drops.
by cryptodailyuk
2
ETH/USDT 1DInterval Review ChartHello everyone, I invite you to review the chart of ETH in pair to USDT, on a one-day interval. First, we will use the yellow line to mark the downtrend from which the price has changed to an uptrend, then with the blue lines we will mark the uptrend channel, from which the price breaks out at the bottom, often leaving the channel gives a move similar in size to the channel, so you should take into account such an event. When we look at the EMA Cross 200, we see that the price has fallen below the blue line, which indicates a return to the downtrend, it is worth watching further behavior under this line. Moving on, we can move on to marking support areas when we start a larger correction. And here we have a visible support zone from $1667 to $1515, then there is a second strong support zone from $1367 to $1152 and then a strong support at $880 Looking the other way, we see that the price has reached an important resistance zone that it has not yet been able to overcome from $1920 to $2235. However, if we manage to get out of it higher, we still have resistance at $2,555, and then a very strong resistance at $3,008. Please look at the CHOP index, which indicates that we have a lot of energy to make a move, the RSI indicator shows a rebound and a sideways trend, while the STOCH indicator indicates that most of the energy has been used, which may give the price a rest.
by cryptodailyuk
1
BTC/USDT Short-Term 1HInterval ReviewHello everyone, let's take a look at the BTC to USDT chart on a one hour timeframe. As you can see, the price is moving in the downtrend channel. When we lay out the trend based fib extension grid, we can identify a support zone from $25695 to $25627 that the price is approaching, then we have a second zone from $25560 to $25465 and then a strong support at $25343. Looking the other way, first resistance is at $25,479, then second resistance at $25,866, then we have a resistance zone from $25,960 to $26,055, then strong resistance at $26,188. Looking at the CHOP indicator, we see that there is energy for a further move, on the RSI we see a rebound with room for a further decrease, however, the STOCH indicator indicates that the energy in this move has been heavily consumed, which may stop further correction and give a sideways trend.
by cryptodailyuk
1
BTC/USDT 1HInterval ReviewHello everyone, let's take a look at the BTC to USDT chart on a one hour timeframe. As you can see, the price is moving below the local downtrend line. After unfolding the trend based fib extension mesh, we see that the first support is at $25,492, then we have the second support at $25,084, and then the third support at $24,749. Looking the other way, you can immediately see the resistance zone from $25,858 to $26,181, then we have an area that the price quickly goes back and forth, and then a strong resistance zone from $27,082 to $27,557. Looking at the CHOP indicator, we see that there is energy to make a move, on the RSI we are moving around the middle of the range, however, looking at the STOCH indicator, we can expect an attempt to pull the price down.
by cryptodailyuk
1
DAILY BTC Chart Review 4HIntervalHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the four-hour interval. First, we will use the blue lines to mark the sideways trend channel in which the price is moving. Despite an attempt to exit the indicated channel upwards, the price quickly returned to its previous level. Locally, using the yellow line, we can mark a downtrend under which the price remains. Now we can move on to marking support areas when the price starts a major correction. For this purpose, we will use the trend based fib extension tool and after unfolding the grid, we can see that the first support is at $ 25,462, then we have support at $ 25,054, and then we can mark support zone from $24,712 to $24,385. Looking the other way, we can determine the places of resistance in a similar way. Here we can see that the price is fighting a resistance at $25986 which it has no strength to break yet, then there is a resistance at $26393, a third resistance at $26721, then the price needs to break the resistance zone from $27055 to $27536 to go further towards the resistance at $28,125. Please pay attention to the CHOP index, which indicates that a lot of energy has been accumulated for the upcoming move, the RSI indicator is moving in the lower part of the range with a place for the price to go a little lower, while the STOCH indicator, despite a significant rebound, is still there so that we can see the price drop .
by cryptodailyuk
2
ETH/USDT 1HInteral ReviewHello everyone, let's take a look at the ETH to USDT one hour chart. As you can see, the price is staying below the local uptrend line. When we unfold the trend based fib extension tool, we see that the price stays at the support zone from $1632 to $1623, then we have support at $1616, third support at $1608, and then support at $1598. Looking the other way, we see that the price needs to break the resistance zone by $1639 to $1645, then there is resistance at $1650, next at $1656 and then resistance at $1664. Looking at the CHOP indicator, we see that the energy is used to move the price down, on the RSI we are moving around the middle with a slight rebound, while the STOCH indicator indicates that we may see a rebound in the coming hours.
by cryptodailyuk
1
BTC/USDT 1H Interval ReviewHello everyone, let's take a look at the BTC to USDT chart on a one hour timeframe. As you can see, the price is moving below the local downtrend line. When we unfold the trend based fib extension grid, we see that the first support is at $25,393, then the second support is at $24,987, and then the third support is at $24,645. Looking the other way, we see price holding a resistance zone from $25,851 to $26,193, then resistance at $26,476, another resistance at $26,747, and then a strong resistance zone from $27,140 to $27,643. Looking at the CHOP indicator, we see that the energy is rising all the time, the RSI shows a confirmation of the sideways trend, while the STOCH indicator shows that there is a lot of energy that can be used to pull the price down.
COINBASE:BTCUSD
by cryptodailyuk
2
MATIC/USDT 1D Interval ReviewHello everyone, I invite you to review the MATIC chart in pair to USDT, on a one-day interval. Let's start by marking with blue lines the strong downtrend channel in which we are currently moving. At this point, it is worth checking the EMA Cross 200 right away, where you can see the place where the price was rejected while remaining in a strong downtrend. Going further, we will check where the price should meet support, but for this purpose we will use the Fib Retracement and Trend based fib extension tools, after spreading the grids, we can mark a strong support zone in which the price is currently from $ 0.64 to $ 0.49 , however, when this zone is broken, we can see a drop around the second equally strong zone from $0.36 to $0.24. Looking the other way, we see that the price has been rejected in the first resistance zone from $0.76 to $0.91, only when we exit it upside price moves towards the second zone from $1.03 to $1.16 to continue make an attack at $1.34 and then resistance at $1.56. When we look at the CHOP index, we can see that there is still energy for the current move, on the RSI we have a rebound with room for a further downward move, but on the STOCH indicator we can see that we are approaching the lower limit again, which can stop the decline and give a sideways move .
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by cryptodailyuk
2
1D Review ATOM/USDTI invite you to review the ATOM chart in pair to USDT on a one-day interval. Using the blue lines, we can mark the downtrend channel in which the price is moving and we can see that we are approaching the lower border of the indicated channel. Let's start by marking the price support spots and we see that we first have a $7.05 to $6.03 support zone, however if the price goes lower we have a very strong $5.03 to $3.60 zone and then when this zone is broken, we can see a drop to the $1.77 support area. 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 has rejected the first zone which goes from $8.39 to $9.41, when we get out of it the price has to go through the second zone from $10.24 to $11.10 and then move towards very strong resistance zone from $12.23 to $13.73. The CHOP index indicates that there is still energy for the ongoing downward movement, we are in constant rebound on the RSI and we see that each increase gives a quick return to the lower limit of the range, while the STOCH indicator is heavily exhausted, which may give a temporary price rebound.
by cryptodailyuk