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ETH/USDT 1D Review Hello everyone, let's look at the ETH to USDT chart on the 1D time frame. As you can see, the price is holding at the local uptrend line. Let's start with determining the supports. And here we see that first we have a zone from $1866 to $1822 where the price is holding, then we have a second very strong support zone from $1752 to $1701. Now let's move to the price resistance, in this situation the first zone is $1890 to $1934, once price breaks it it will go towards the $1971 to $2008 zone. Looking at the CHOP indicator, we see that there is more and more energy, the MACD indicates the maintenance of the local uptrend, while the RSI shows that small price corrections give the indicator a rebound, which creates room for another increase.
by cryptodailyuk
1
BTC Short-Term 1HIntervalHello everyone, let's look at the BTC to USDT chart on a 1-hour timeframe. As you can see, the price is moving below the local downtrend line. Let's start with setting the support for the next few hours and here we first have a support zone from $30170 to $30043, which held the price, but then we have a second support zone from $29940 to $29837. Now let's move on to the resistance, as you can see the first resistance is $30253, if it breaks down the next resistance will be $30412 and then we have a strong resistance zone from $30546 to $30674. Looking at the CHOP indicator, we see that there is still some energy left, the MACD indicates a continuation in the downtrend, while the RSI is moving at the lower limit, however, small movements can bring the price to the second support zone.
by cryptodailyuk
5
LTC/USDT 4HInterval Review support and resistanceHello everyone, let's look at the LTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving above the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $87.49, if the support is broken then the next support is $83.42 and then we have a strong support zone from $80 to $77. Now let's move to the resistance line, as you can see the first resistance is $91.28, if you manage to break it, the next resistance will be $94.72 and $97.52. Looking at the CHOP indicator, we see that there is a lot of energy for the upcoming move, the MACD confirms the local downtrend, while the RSI shows a visible rebound, which may give room for future increases.
by cryptodailyuk
SOL/USDT 4H Interval Review resistance and supportHello everyone, I invite you to review the SOL chart on a four-hour interval. As we can see, the price has broken the downtrend lines, while currently we will use the blue lines to mark the uptrend channel, from which the price also goes down. Let's start by marking the support spots for the price and we see that we first have support at $15.91, but if the price goes lower, we have another support at $15.32, then we have a third very strong support at $14.71 $. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that currently the price failed to break out of the resistance zone from $ 16.44 to $ 17.53. However, if it manages to break it, we still have a strong resistance at $18.68, when the price breaks it, it will move towards the resistance at $20.25. The CHOP index indicates that there is a lot of energy for the next move, the MACD indicates that we are moving in a local uptrend, while the RSI shows an ongoing rebound and we are approaching the point where the correction is often completed.
by cryptodailyuk
BTC.D Review 1DayIntervalHello everyone, I invite you to review the situation of BTC Dominance over the rest of the cryptocurrency market. At the beginning, we will use the blue lines to mark the downtrend channel, which after several attempts was able to exit upwards. Now, using the trend based fib extension tool, we can determine the places where dominance should encounter resistance. And here we see that we are facing a very strong resistance at 53.99%, but when it is overcome we can see a rapid increase to around 63.33%, which will give BTC a significant advantage over the rest of the market. Now we can move on to marking the places of support in the event of a correction. And here, in the first place, it is worth marking the support zone from 48.19% to $ 47.04, but when we fall below this zone, we can see a decrease to around 45.92%, and then to the second support zone from 44.27% by 42 .17%. Please pay attention to the CHOP index which indicates that most of the energy has been used, the MACD indicator confirms a strong uptrend, while on the RSI we crossed the upper limits of the range, which should give a moment of recovery or at least a temporary sideways trend with small pullbacks.
CRYPTOCAP:BTC.D
by cryptodailyuk
BTC/USDT 4HIntervalHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has moved down from the local uptrend channel. Let's start with setting the support line and as you can see, the price is currently moving in the important support zone from $30,433 to $30,159, if the price falls below the zone, we can see a drop to the support area at $29,373. Now let's move on to the resistance line, as you can see we have the first resistance zone from $30696 to $30915 and then the price needs to break through the second zone from $31154 to $31468. Looking at the CHOP indicator, we see that there is a lot of energy to move, the MACD indicates the maintenance of the local downtrend, while the RSI shows a rebound, but there is still room for the price to go a little lower.
by cryptodailyuk
ETH/USDT 4HInterval ReviewHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price has broken out of the local downtrend line. Let's start with the support line and as you can see the first support that held the price is $1867, if the support is broken then the next support is $1822, $1786 and then there is the support zone from $1751 to $1699. Now let's move to the resistance line, as you can see the first resistance is $1932, if you manage to break it, the next resistance will be $1979, $2017 and $2054. Looking at the CHOP indicator, we see that we have a lot of energy for the upcoming move, MACD indicates a local downtrend, while the RSI, despite small price movements, recovers nicely, which will give room for further increases.
by cryptodailyuk
BTC/USDT 4HInterval ReviewHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. Currently, the price is moving in the local uptrend channel. Let's start with the support line and as you can see, first the price held a strong support zone from $30639 to $30423, then we have strong support at $30149 and then we can see a drop to the third support at $29353. Now let's move on to the resistance line, as you can see the first resistance is $30855, if it breaks through, the next resistance will be $31138 and then we have the resistance zone from $31363 to $31587. Looking at the CHOP indicator, we see that there is still energy to continue the move, the MACD indicates the maintenance of the local downtrend, while the RSI is moving at the upper limit, which can affect the sideways trend or a slight price drop.
by cryptodailyuk
ETH/USDT 4hInterval ReviewHello everyone, I invite you to the review of ETH in pair to USDT, also on a four-hour interval. First of all, as in the BTC chart, we can use the blue lines to mark the downtrend channel that the price has left the top. Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark support, and as you can see, we have a support zone from $1862 to $1815 in the first place, but when the price goes lower, it is worth marking a second very strong support zone from $1745 to $1692. 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 we are in a very strong resistance zone from $1886 to $1945, only when the price moves up out of this zone will it move towards the resistance at $2031 and then to the resistance at $2140. It is worth mentioning that the exit from the channel often gives an increase at the level of the channel itself, which in the current situation can give an increase to the support area at $2031. The CHOP index indicates that the energy is gathering more and more strength. The MACD indicator indicates a transition to a local downtrend. On the other hand, on the RSI after a strong increase above the upper limit of the range, we have a rebound, but we are still at the upper limit, which may give a slight rebound in price or a sideways trend in the coming hours.
by cryptodailyuk
BTC/USDT 4HInterval ReviewHello everyone, I invite you to the Friday cryptocurrency review. Let's start by checking the current situation on the BTC pair to USDT, taking into account the four-hour interval. First, we will use the blue lines to mark the local downtrend channel, from which the price went up by the height of the indicated channel. Now we can move on to marking the support areas when the price recovers from the current increases. And here we first have support at $29,994, then second support at $29,095, then third support at $28,342, however when the price goes lower, we have a strong support zone from $27,589 to $26,520. Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. And here we can immediately see that the price is in front of a strong resistance at the golden point of the fib retracement, at $31838, when it manages to break it, the second resistance is at $33,790, and when the price breaks it, it will move towards resistance at the price $36,247. Please pay attention to the CHOP index, which indicates that the energy is gathering more and more strength, the MACD indicator indicates an attempt to maintain an uptrend, while the RSI shows a strong increase, which may bring a slight rebound or a temporary sideways trend.
by cryptodailyuk
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BNB/USDT 4H Interval ReviewHello everyone, let's look at the BNB to USDT chart on a 4-hour timeframe. As you can see, the price is above the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $240.3, if the support is broken then the next support is $237.8, $235.7 and $233.6. Now let's move on to the resistance line, as you can see the first resistance the price is fighting is $243.8, if it manages to break it, the next resistance will be $246.4, $248.6 and $250.8. Looking at the CHOP indicator, we see that there is still energy for the move, the MACD remains in a downtrend, while the RSI is in the middle of the range, which may indicate a temporary sideways trend.
by cryptodailyuk
ETH/USDT 4HIntervalHello everyone, let's look at the ETH to USDT chart on a four-hour time frame. As you can see, the price has broken out of the local downtrend line. Let's start with the support line and as you can see the first support in the coming hours is $1864, if the support is broken then the next support is $1821 and then we have the support zone from $1785 to $1749. Now let's move on from the resistance line, as you can see the first resistance the price rebounded from is $1939, if it breaks down the next resistance will be $1980, then it will move towards the resistance zone from $2019 to $2055. Looking at the CHOP indicator, we see that the energy has been exhausted, the MACD indicates the uptrend is maintained, and the RSI has a rebound, however, we are still above the upper limit, which may give the price a rebound.
by cryptodailyuk
BTC/USDT 4H Review, Resistance and SupportHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $26334, if the support is broken then the next support is $25806, $25359 and $24944. Now let's go from the resistance line, as you can see the first resistance is $27234, if you manage to break it, the next resistance will be $27567, $27863 and $28146. Looking at the CHOP indicator, we see that there is still energy for the continuation of the move, MACD indicates the continuation of the uptrend, however, we have touched the upper limit on the RSI, which will most likely reverse the trend in the coming hours and give the price a rebound.
by cryptodailyuk
BNB/USDT 4HInterval resistance and supportHello everyone, let's look at the BNB to USDT chart on a 4-hour timeframe. As you can see, the price is staying above the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $244.8, if the support is broken then the next support is $241.5, $238.9, $236.3 and $232.6. Now let's move on to the resistance line, as you can see the first resistance is $246.9, if you manage to break it, the next resistance will be $250.7, $256.4 and $263.2. Looking at the CHOP indicator, we see that most of the energy has been used, the MACD indicates staying in a local uptrend, while the RSI is moving in the upper part of the range, which may indicate a local sideways trend or a small rebound.
by cryptodailyuk
ETH/USDT 4H Interval Targets and StoplossHello everyone, let's 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. Let's start by setting goals for the near future that we can take into account: T1 = $1774 T2 = $1790 T3 = $1809 T4 = $1834 AND T5 = $1864 Now let's move on to the stop loss in case the market goes down further: SL1 = $1700 SL2 = $1656 SL3 = $1619 AND SL4 = $1585 Looking at the CHOP indicator, we see that the energy has been used, the MACD indicates an ongoing local uptrend, while the RSI has a large increase, which may give the price a rebound or a sideways trend in the coming hours.
by cryptodailyuk
ADA/USDT ChartReviewHello everyone, I invite you to review the ADA chart in pair to USDT, on a one-day interval. First of all, we will use the blue lines to mark the uptrend channel from which the price has gone down and we are currently moving below the downtrend line. As we can see, the exit from the channel resulted in a decrease in price, similar to the size of the channel itself. Moving on, we can move on to marking support areas when we start a larger correction. And here we see that the price is currently holding a strong support zone from $0.28 to $0.23, however, if the support does not hold the price, we can see the price drop quickly to the next support at $0.10. Looking the other way, we see that the first resistance is at $0.31, when the price breaks it, the second resistance will be at $0.34, then we have a strong resistance zone from $0.37 to $0.40, only when price breaks it, it will move towards the resistance at $0.46 for it to continue rising. Please look at the CHOP index, which indicates that we have touched the end of the range and now we can see the price turnaround, the MACD indicates that we are in a downtrend, while the RSI has a large rebound below the lower limit of the range, which in combination with the CHOP index can give room for growth prices.
by cryptodailyuk
XRP/USDT 1DInterval ReviewI invite you to review the XRP chart this time taking into account the one-day interval. As we can see, the price has moved down from the uptrend line. Now let's move on to marking the support places for the price and we see that the first very strong support that currently holds the price is at $0.45, however, if the price goes lower, the next support is at $0.42, and then the third support at 0 $39. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see first resistance at $0.49, then second resistance at $0.51, third resistance at $0.53, then fourth very strong resistance at $0.55. The CHOP index indicates that we have a lot of energy for the upcoming move, the MACD indicates a return to the downtrend, while the RSI shows a rebound to the lower part of the range, which creates room for future increases.
by cryptodailyuk
ETH/USDT 4H interval reviewHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. First of all, as in the BTC chart, we can use blue lines to mark the downtrend channel in which the price is currently moving. At this point, it is worth watching the EMA cross 10 and 30 because as you can see, the red line 10 starts to move sideways and when it turns around and crosses the green 30 from the bottom, it will confirm the change of the trend to an upward one. Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and as you can see, we can first determine the support zone from $1653 to $1626, but when we go lower, the next support is at the price of $1592, and then the third support at the price of $1539. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we have the first strong resistance at $1690, then we have a strong resistance zone from $1730 to $1762, then we have a third resistance at $1793 and then a fourth resistance at $1839. As we can see, the power of green candles begins to appear, but their volume is lower than the previous red candles. The CHOP index moves sideways, which can increase the price. The MACD indicator returned to the local uptrend. On the other hand, the RSI is moving at the lower end of the range, which may also indicate an upcoming price increase.
by cryptodailyuk
Daily BTC 4HChart - targets and stoplossHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line. Let's start with setting targets for the near future that we can take into account: T1 = 25401$ T2 = 25579$ T3 = 25806$ and T4 = 26469$ Now let's move on to the stop loss in case of further market declines: SL1 = 25107$ SL2 = 24861$ SL3 = 24660$ and SL4 = 24456$ Looking at the CHOP indicator, we see that the energy has been used, the MACD, despite the price increase, remains in a downward trend, while the RSI has a visible rebound, we still have room for the price to overcome the current resistance.
COINBASE:BTCUSD
by cryptodailyuk
BTC/USDT 4H - Targets and StoplossHello everyone, let's take a look at the 4H BTC to USDT chart as you can see that the price has moved up from the local downtrend channel. Let's start by setting goals for the near future that we can take into account: T1 = $26,132 T2 = zone from $26383 to $26626 AND T3 = $26970 Now let's move on to the stop loss in case the market goes down further: SL1 = $25,951 to $25,655 zone SL2 = $25413 AND SL3 = $25,178 Looking at the CHOP indicator, we see that there is a lot of energy on the 4H interval, the MACD indicates a local uptrend, and the RSI is moving sideways around the middle of the range, which makes it difficult to clearly choose the direction of movement.
by cryptodailyuk
BNB/USDT 4HInterval Targets and StoplossHello everyone, let's look at the BNB to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local downtrend line. Let's start by setting goals for the near future that we can take into account: T1 = $240.7 T2 = $244.5 T3 = $247 T4 = $251 AND T5 = $255.5 Now let's move on to the stop loss in case the market goes down further: SL1 = $231.8 SL2 = $221.9 SL3 = $214.3 AND SL4 = $206.3 Looking at the CHOP indicator, we see that there is still energy to continue the move, MACD indicates a local uptrend, while the RSI has been moving below the lower border for a long time and now we are approaching the middle of the range with room for further growth.
by cryptodailyuk
LTC/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the LTC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the downtrend channel where the price is moving in the lower range, while inside the channel we can mark the local downtrend line under which the price is located. Moving on, we can move on to marking support areas when the current correction begins to deepen. And here the price is in front of a very strong support at $75.55, but if the support is broken then the next support is at $69.44. Looking the other way, we see first resistance at $78.88, second resistance at $82.11, then third resistance at $84.88, then we have a very strong resistance zone from $87.48 to $91, $21. At this point, it is worth noting that the current price drop caused the price to drop below the EMA Cross 200 line, which indicates a return to a strong downtrend. Please look at the CHOP index, which indicates that the energy has been used, the MACD confirms the current downtrend, while the RSI has a rebound to the lower end of the range, which may indicate the imminent end of the correction and the upcoming increase.
by cryptodailyuk
XRP/USDT 4HInterval check the shortterm situationHello everyone, I invite you to take a short-term look at the XRP chart this time on a four-hour interval. As we can see, the price, despite the general market correction, XRP remains above the local uptrend line. Let's start by marking the places of support for the price and we see that we first have support at $0.50, but if the price goes lower, we have another support at $0.48, then at $0.46 and another support at $0.46 priced at $0.43. 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 approaching the resistance at $0.52. We continue to have strong resistance at $0.54, once the price breaks it, it will move towards resistance at $0.55 and then $0.58. As we can see, the price had a bigger drop, but quickly returned above the EMA Cross 200, thus maintaining the upward trend. The CHOP index indicates that the energy is slowly gaining strength, the MACD indicates a return to the local uptrend, while the RSI has returned to the upper part of the range and it is worth watching here because when the indicator approaches the upper limit, we will see a correction on the xrp price.
by cryptodailyuk