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ETH/USDT 1HInterval Review ChartHello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price is trying to stay on the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $1646, in case of a support break the next support is $1633, $1613 and $1589. Looking the other way, we first have a resistance zone from $1664 to $1682, then there is resistance at $1696 and then resistance at $1710 Looking at the CHOP indicator, we see that there is a lot of energy gathered, the RSI is moving sideways, while the STOCH indicator moves up with room for the price to enter a higher level.
by cryptodailyuk
2
XENUSDT: targets based on trend-based Fib (3D-chart)XEN is close to the LoW (Low of the Week). Using the trend-based FIb I've determined the targets for taking proft. These targets have confluence with Daily and/or Weekly levels of resistance and/or EMA-levels. - 195: Daily level/ EMA 50-level (closing in) - 430: trend-based Fib 0.091 level/ EMA 100-level (closing in) - 800: weekly level - 1000: HoW (High of Week) - 4800: the -0.618 Fib-level corresponds well with a daily close on the Daily These levels are 'obvious' levels and/or levels based on a Fib. Both have proven to be good places for taking profit for me.
POLONIEX:XENUSDTLong
by FibonaccIvo
BTCUSDT: targets based on trend-based FibonacciBTC seems to have found a level of support, at least for now. Looking at the trend-based Fibonacci-levels on the weekly chart we can see that BTC poked through both the weekly level at 24.297 and also throught the 0.5 Fib-level (23.943) and the 0.618 Fib-level (24.985). The 0.618 Fib-level seems to be holding for now. BTC is also above the daily close of the 15th of june (around 25.116). Price also hit the weekly trendline. If (and that's a serious if) BTC respects these levels, than my target levels, based on the weekly chart are: - 39.500 / 40.000 --> 2.272 Fib - 48.000/48.500 --> 3.272 Fib These levels correspond with key levels on the weekly chart, as is shown by the white arrows. But we cannot disregard the option of BTC falling below these levels. The reaction thus far hasn't been great. The buyers have not yet stepped in. If we lose the 25.000-ish level, than 20.000 is on the table.
BYBIT:BTCUSD.P
by FibonaccIvo
BTC/USDT 1H Interval ReviewHello everyone, let's look at the BTC to USDT chart on a single day timeframe. As you can see, the price is moving below the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $25757, if the support is broken then the next support is $25693, and then there is the support zone from $25631 to $25540. Now let's move to the resistance line, as you can see the first resistance is $25833, if you manage to break it, the next resistance will be $25898, $25951 and then the resistance zone from $26005 to $26081. Looking at the CHOP indicator, we see that there is a lot of energy for the move, on the RSI we have another rebound with room for the price to go lower, and on the STOCH indicator you can see the use of energy for the current price decrease.
by cryptodailyuk
LTC/USDT 4H Interval ReviewHello everyone, I invite you to review the LTC chart on the four-hour interval. As we can see, the price is moving below the main downtrend line, while locally we can see that the price is moving sideways from the local downtrend line. Let's start by marking the price support points and we see that we first have strong support at $53.39, but if the price goes lower then we have another support at $44.74 and then a strong support zone from $37 to $31 $. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price is currently fighting resistance at $66.59. There is still resistance at $72.97, once price breaks it it will move towards resistance at $78.28, and then it has to break through the strong resistance zone from $83 to $91. The CHOP index indicates that there is a lot of energy for the upcoming move, on the RSI we see an increase towards the middle of the range despite very little price movement, while the STOCH indicator is moving in the upper part of the range, which may affect the price drop in the coming hours.
by cryptodailyuk
BTC/USDT Short-Term 1H IntervalHello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price is moving below the local downtrend line. Let's start with setting the support line and as you can see the price stays in the support zone from $26063 to $25999, while we still have support at $25815. Now let's move on to price resistance and here too we can mark the resistance zone from $26080 to $26133, then resistance at $26202 and then strong resistance at $26396. Looking at the CHOP indicator we see that there is still energy for the move, on the RSI we have a rebound and room for further growth, while on the stoch indicator we also see that there is room for the price to go higher in this move.
by cryptodailyuk
HNT seems ready for a move higherHNT seems ready to move higher. On the weekly timeframe a trendline is forming. The weekly EMA21 just went under the current price. On the 12H it reclamed a level of support (around 1.7-1.75) This is also near the 0.382 trend-based fib-level (1.689 to be precise) Targets are on the chart. First target is 3 USDT. Followed by 3.4USDT. The 3USDT-target is confluent with the 0.091 trend-based Fib-level. I've found that to be a good level to place orders. On the lower timeframes there might be a trade around 2.5USDT. The 2.5-level is the previous Daily high.
Long
by FibonaccIvo
1
BTC/USDT 1H Interval Short-TermHello everyone, let's look at the BTC to USDT chart on a 1-hour timeframe. As you can see, the price has moved downwards from the local triangle. Let's start with the support line and as you can see the first support in the near future is the zone from $25782 to $25618, then there is the second zone from $25462 to $25226, and then support at $24933. Now let's move on to the resistance line, as you can see the first resistance is $26102, if you break it the next resistance will be $26400, then there is the resistance zone from $26632 to $26867 and then the resistance at $27205. Looking at the CHOP indicator, we see that there is still some energy left for the move, the RSI is moving at the lower limit which may give the price a rebound in the coming hours, and the STOCH indicator turns around the middle of the range, which has stopped the price rebound.
by cryptodailyuk
MKR 4H Interval Chart ReviewHello everyone, I invite you to review the chart of MKR in pair to USDT, on the four-hour interval. As we can see, the price has left the bottom of the uptrend line. After unfolding the trend based fib extension grid, we can see that the price is currently holding a small support zone from $ 1117 to $ 1086, while we still have support at $ 959, however, when we fall below this support, we can see a quick move to the support area at the price $704. Looking the other way, we see that first there will be a resistance zone from $1192 to $1256, then we have a second zone from $1321 to $1414, and then a very strong resistance at $1531. Please look at the CHOP index, which indicates that the energy in the current downward movement has been used, on the RSI we are moving at the lower limit of the range, but on the STOCH indicator you can see that a large movement on the indicator results in a small price movement, which may translate into deeper declines.
by cryptodailyuk
SOL/USDT 4H IntervalHello everyone, I invite you to review the SOL chart on a four-hour interval. As we can see, the price came out of the uptrend line along which we were moving. Let's start by marking the support spots for the price and we see that we first have support at $20.22 which kept the price down, but if the price goes lower then we have another support at $16.86, then support at $12.73 $. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we will mark the resistance zone from $24.65 to $26.10, then we have a second zone from $27.59 to $29.63, and then we have strong resistance at $32.27. The CHOP index indicates that the energy has been used up and is slowly starting to bounce back, on the RSI we are moving at the lower end of the range, which may limit further price decline, and on the STOCH indicator we have a visible rebound that confirms the price rebound after the decline.
by cryptodailyuk
BTC drops, what next?Hello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the one-day interval. First, we will mark the main uptrend line with the yellow line, then we will mark the uptrend line with the blue line from which the price went down. Now we can move on to marking the places of support in the event of a correction. And here we will start by checking the support using the trend based fib extension tool, we will mark a strong support zone from $25537 to $23992, if this zone does not hold the price we can see a rapid drop to around $21621. It is also worth spreading the Fibonacci grid in order to check the entire movement and here we can see that the price drop touched the so-called golden fibonacci point from which it quickly rebounded. We can further increase the level of the next support from $22,232 to $21,621. Looking the other way, we will determine the places of resistance in a similar way. Here you can immediately see that the price rebound stopped at the $26974 resistance, and then we have a very strong resistance zone from $28663 to $31430, only when the price breaks it will it be able to move towards the $35849 resistance. Despite the strong drop in price when we turn on the EMA Cross 50 and 200, we can see that the yellow line of the ema cross 50 stays above the blue line of the ema cross 200, which indicates an uptrend, it is worth watching these lines at this point because when the yellow crosses the blue line from above, it means that it is a return to a very strong downward trend. Please pay attention to the CHOP index which indicates that the energy in the current movement has been used, on the RSI indicator we have also crossed the lower limit of the range which also indicates no energy depletion, and the STOCH trak indicator itself has exceeded the lower limit which confirms the depletion of energy and the possibility of ending the current correction prices.
B
by cryptodailyuk
BTC/USDT 1H Interval Review ChartHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the interval of one hour. First, we will use the blue lines to mark the local downtrend channel. When we turn on the EMA Cross 50 and 200, we see that the yellow line of the ema cross 50 has crossed the blue lines of the ema cross 200 from above, which indicates the place of return to the strong downtrend where we are. In order to mark the support we will use the trend based fib extension tool and here we see that the price stays just below the support line at $29167, then we have support at $28865, when the support is broken we can see the price drop to the support area of $28022. Looking the other way, we can determine the places of resistance in a similar way. First, we will mark the resistance zone from $29427 to $29660, when we manage to break it, we have the second zone from $298848 to $30032, and then we can mark the third strong resistance zone from $30296 to $30635. Please pay attention to the CHOP index which indicates that we have a lot of energy to move, on the RSI we are in constant rebound with a place for the price to go lower, while the STOCH indicator indicates that the increase in energy gives very small upward moves, which may affect the price correction.
by cryptodailyuk
ETH 4H Review ChartHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. First, we will use the yellow lines to mark the local triangle in which the price is moving. Now let's move on to marking the places of support. We will use the trenf based fib extension tool to mark the supports, and as you can see, we first have a support zone from $1847 to $1838, then we have a second zone from $1828 to $1815, and then a strong support at $1798. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here you can see that the price has no strength to go through the resistance zone from $1851 to $1863, then we have resistance at $1872, another at $1881 and a very strong resistance at $1894. The CHOP index indicates that there is still energy for movement. On the RSI, we stay around the middle of the range, while the STOCH indicator has the energy for the price to make a downward move.
by cryptodailyuk
1
BTC/USDT 1H Interval ReviewHello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price stays on the local uptrend line. After unfolding the trend based fib extension grid, we see that the first support is at $29395, the second at $29338, the third at $29290, the fourth at $29244, and then there is the support zone from $29177 to $29092. Looking the other way, the first resistance is at $29,471, the second at $29,533, the third at $29,582, the fourth at $29,631. Looking at the CHOP indicator, we see that the energy has been used, the RSI is moving in the upper part, which can result in a price drop, and looking at the STOCH indicator, we have a lot of energy, which can affect the price correction.
by cryptodailyuk
ETH/USDT 1HInterval ReviewHello everyone, let's look at the ETH to USDT chart on a one hour timeframe. As you can see, the price has broken below the local uptrend line. After unfolding the trend based fib extension grid, we see that the price stays in the support zone from $ 1847 to $ 1845, then we can see a drop to the support at $ 1841.46. Now let's move on to resistance and we see that the first resistance is at $1848.83, then we have a resistance zone from $1850 to $1852, then resistance at $1853.44, then resistance at $1855.46. Looking at the CHOP indicator, we can see that there is a lot of energy to move, the RSI is moving in the middle of the range with room for further price decline, while the energy on the STOCH indicator is used and there is some left which may give a bigger price correction.
by cryptodailyuk
XRP/USDT ReviewHello everyone, I invite you to review the XRP chart on an hourly interval. As we can see, the price went down and entered the local downtrend channel. What's more, we see that there was an attempt to return to the uptrend, above the Cross 200 EMA, but it failed. Let's start by marking the support spots for the price and we see that first we have a support zone from $0.6311 to $0.6249, but if the price goes lower then we have a second zone from $0.6150 to $0.6078, then we can mark strong support at $0.5990. 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 rebounded. Next we can mark resistance at $0.6594, next resistance is at $0.6678 and then towards the resistance at $0.6798. The CHOP index indicates that there is still energy for movement, the RSI is near the middle of the range, which may give a greater price rebound, and the energy on the STOCH indicator has run out.
by cryptodailyuk
1
BNB/USDT 1H ReviewHello everyone, let's look at the BNB to USDT chart on a one hour time frame. As you can see, the price is moving below the local downtrend line. In order to mark the supports, we will use the trend based fib extension tool and we can see that we first have a support zone from $242.15 to $241.83, then support at $241.38, and then at $240.81. Now let's move on to the resistances and here we will mark the first resistance zone from $242.66 to $242.90, then resistance at $243.23, next at $243.67, then strong resistance at $244.91. Looking at the CHOP indicator, we see that there is a lot of energy to move, the RSI is moving in the lower part of the range, while the STOCH indicator indicates that the energy is exhausted in the current rebound.
by cryptodailyuk
SOL/USDT 1H Review ChartHello everyone, I invite you to review the SOL chart in pair to USDT. First, we will use the yellow line to mark the local downtrend line, from which the price tried to go up. Moving on, we can move on to marking support areas when we start a larger correction. And here, the first support is at $24.17, the second support is at $23.65, the third support is at $23.24, and then we have a strong support zone from $22.81 to $22.20. Looking the other way, we see that the price has rebounded from the important resistance zone from $ 24.99 to $ 25.40, which so far has no strength to break. However, if we manage to go up, we will see an attempt to attack the second zone from $ 26.07 to $ 26.55. Please look at the CHOP index, which indicates that we have a lot of energy for the upcoming move, we have a rebound on the RSI but there is still a lot of room for the price to go lower, while the STOCH index is approaching the lower limit, which affects the current stagnation of the price.
by cryptodailyuk
3
BTC/USDT 1H Interval Review ChartHello everyone, I invite you to every Wednesday cryptocurrency review. Let's start by checking the current situation on the BTC to USDT pair, taking into account the time interval of one hour. First of all, we will use the yellow line to mark the local downtrend line from which the price went down. We will use the Trend Based Fib Extension tool to mark the current support locations, and now we see that the price has dropped to the $29,561 support and is holding just below it, then we can mark the support zone from $29,397 to $29,165, and then strong support at $28870. Looking the other way, we can determine the places of resistance in a similar way. First, we will mark the resistance zone from $29813 to $30039, when it manages to break it, the price has to break through the resistance at $30229 that it failed to do before, and then the resistance at $30411. Please pay attention to the CHOP index which indicates that most of the energy has been used, the RSI indicator confirms a strong rebound but indicates that there is still room for the price to go lower in the coming hours, however the STOCH indicator confirms the use of energy in the current movement which may give a temporary stop in the current correction.
by cryptodailyuk
3
ETH/USDT 1HInterval Review ChartHello everyone, I invite you to review the ETH chart on an hourly interval. First, we will mark with yellow lines a local triangle in which the price is at the upper limit for the third time. In this arrangement, we can see an exemplary price movement in which the fourth time we will see an upward exit from the triangle. After unfolding the fib retracement tool, we can mark a strong support zone above which the price is currently holding, however, when we fall below this zone, we can see a drop around the next support at $ 1808. 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 to break through the support zone from $1844 to $1852 first, then it can move towards the resistance at $1864 and then continue to the resistance at $1879. The CHOP index indicates that there is a lot of energy to be used, on the RSI we can see that a small increase in price gives a large increase on the indicator, which creates room for another decrease. The STOCH indicator is also approaching the upper limit, which may affect the trend reversal and the transition to a downward trend.
by cryptodailyuk
ETH/USDT 4H ReviewHello everyone, let's look at the ETH to USDT chart on the 4-hour timeframe. As you can see, the price is holding above the local downtrend line. Once we unfold the Fib Retracement grid, we can mark the support zone from $1827 to $1780 that the price is based on, then we have strong support at $1712 and then at $1623. Looking the other way, we will mark the resistances in the same way and here we first have a resistance zone from $1883 to $1945, then resistance at the price of 2033, and another resistance at the price of $2146. The CHOP index indicates that there is a lot of energy, the RSI shows that downward movements have more power than upward movements, and the STOCH indicator indicates that the energy is quickly exhausted.
by cryptodailyuk
3
BTC/USDT check the description!Hello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price has moved sideways from the local downtrend line. When we unfold the trend based fib extension tool, we can mark the first support zone from $28998 to $28830, then we mark the second strong support zone from $2855 to $28357. Looking the other way, we will check the resistance places in the same way and here we see that the first resistance is at $29254, then the second at $29475, the third at $29656 and the fourth strong resistance at $29831. At this point, it is worth paying attention to the CHOP Index and the RSI indicator, because we can see that when we crossed the lower limit on the CHOP indicator and the upper limit on the RSI indicator, there was a strong change in the price trend.
by cryptodailyuk
1