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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
LTC/USDT 4HInterval ShortTermHello everyone, let's look at the LTC 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 the support line and as you can see the first support in the near future is $73.41, if the support is broken then the next support is $70.02, $67.24 and $64.45. Now let's move to the resistance line, as you can see the first resistance is $78.69, if you break it, the next resistance will be $81.90, the third $84.63 and $87.18. Looking at the CHOP indicator, we can see that there is a lot of energy for the upcoming move, the MACD has returned to the local uptrend while the RSI is moving at the lower border which could give the price an increase in the coming hours.
by cryptodailyuk
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on the 4-hour 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 $1730, if the support is broken then the next support is $1703, $1681 and $1660. Now let's move on to the resistance line, as you can see the first resistance is $1762, if you break it, the next resistance will be $1776, the third $1790 and $1811. Looking at the CHOP indicator, we see that the energy has been used, the MACD is close to trending upwards, while the RSI is moving at the lower end of the range, which may give the price an upward rebound in the coming hours.
by cryptodailyuk
Daily BTC 4HChart - 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 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 $25686, if the support is broken then the next support is $25217 and $23890. Now let's move on to the resistance line, as you can see the first resistance is $26,147, if it breaks down, the next resistance will be $26,389, the third resistance will be $26,631, the fourth $26,968 and the fifth $55,221. Looking at the CHOP indicator, we see that the energy has been used, the MACD is close to trending upwards, while the RSI is rebounding but there is still room for the price to move up in the coming hours.
by cryptodailyuk
ADA/USDT 1DInterval Resistance and SupportHello everyone, let's look at the ADA vs USDT chart on a single day timeframe. 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 first support in the near future is $0.30, if the support is broken then we can see a strong drop in the price around $0.21. Now let's move to the resistance line, as you can see the first resistance is $0.34, if you break it, the next resistance will be $0.36, then you have a resistance zone of $0.38 to $0.39, then resistance at 0 $42. Looking at the CHOP indicator, we see that the energy has been used, the MACD indicates that we are in a downtrend, while the RSI has crossed the lower limit of the range, which could potentially result in an uptrend reversal.
by cryptodailyuk
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on the 4-hour timeframe. As you can see, the price is holding at the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $1843, if the support is broken then the next support is $1832, $1823 and $1813. Now let's move on to the resistance line, as you can see the first resistance is $1849, if you manage to break it, the next resistance will be $1866, $1881 and $1895. Looking at the CHOP indicator, we see that the energy is gathering strength, the MACD is on the verge of returning to the local pattern trend, and the RSI is moving in the lower part of the range one closer to the center, which makes it difficult to clearly determine the direction of the price in the short term.
by cryptodailyuk
SOL/USDT targets and stoplossHello everyone, let's look at the SOL to USDT chart on a 4-hour time frame. As you can see, the price is moving below the local uptrend line. Let's start by setting goals for the near future that we can take into account: T1 = $19.89 T2 = $20.40 T3 = $20.84 T4 = $21.26 AND T5 = $21.89 Now let's move on to the stop loss in case the market goes down further: SL1 = $19.45 SL2 = $19.07 SL3 = $18.67 AND SL4 = $18.12 Looking at the CHOP indicator, we see that the energy is recovering, the MACD indicates the continuation of the local downtrend, while the RSI is approaching the lower limit, which in the coming hours may give the price an upward rebound.
by cryptodailyuk
Daily BTC 4HChart - resistance and supportHello 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 the support line and as you can see the first support in the near future is $25476, if the support is broken then the next support is $25017 and $24654. Now let's move to the resistance line, as you can see the first resistance is $26327, if you manage to break it, the next resistance will be $26649, $26941 and $27375. Looking at the CHOP indicator, we see that the energy has been used, the MACD indicates a continuation in the downtrend, while the RSI shows an increase, however, in the coming hours, we can still see the price increase.
by cryptodailyuk
LTC/USDT 1DInterval Targets and StoplossHello everyone, let's look at the LTC chart on the one day time frame. As we can see, the price is still above the uptrend line. Let's start with setting targets for the near future that we can take into account: T1 = 89,13$ T2 = 92,33$ T3 = 94,98$ T4 = 97,54$ and T5 = 101,28$ Now let's move on to the stop loss in case of further market declines: SL1 = 83,56$ SL2 = 80,14$ SL3 = 75,28$ and SL4 = 69,44$ The CHOP index indicates that there is still energy for movement, the MACD indicates the uptrend is maintained, while the RSI, despite a strong rebound, still takes place for the price to go down to the previously mentioned support areas.
by cryptodailyuk
Daily ETH 4HChart - resistance and supportHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. First of all, we will use the yellow line to mark the downtrend line, from which the price went up and currently turned out to be a support for the price. Now let's move on to marking the places of support. We will use the trend based fib extension tool to mark the supports, and as you can see, we have the first support at $1789, the second support at $1756, the third at $1708, and then the fourth support at $1649. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here in the first place we should mark the strong resistance zone from $1872 to $1925, when the price defeats it we have resistance at $1967, and then resistance at $2081. The CHOP index indicates that the energy has been used. The MACD indicator indicates a transition to a local downtrend. On the other hand, we have a strong rebound on the RSI, which crossed the lower limit of the range, which may stop the price from falling further in the coming hours.
by cryptodailyuk
3
XRP/USDT 1DInterval Targets and StoplossHello everyone, let's look at the 1D XRP to USDT chart as you can see that 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 - $0.55 T2 - $0.59 AND T3 - $0.64 Now let's move on to the stop loss in case the market goes down further: SL1 - $0.50 SL2 - $0.48 SL3 - $0.46 SL4 - $0.44 AND SL5 - $0.41 Looking at the CHOP indicator, we see that the energy has been used, the MACD confirms the ongoing uptrend, while the RSI is at the upper limit, which may affect the change of the trend to the downside.
by cryptodailyuk
Daily BTC 1DChart - resistance and supportHello 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 downtrend line. Let's start with determining the support line and here in the first place it is worth marking the support zone from $ 26858 to $ 26357, if the support is broken then the next support is $ 25864 and $ 25170. Now let's move on to the resistance line, as you can see the first resistance is $27494, if you manage to break it, the next resistance will be $27811, $28580 and $28129. Looking at the CHOP indicator, we see that there is still a lot of energy for the move, MACD, despite the corrections, remains in an uptrend, while the RSI is moving around the middle of the range, which makes it difficult to clearly determine the direction of the move.
by cryptodailyuk
BNB/USDT 4HInterval Resistance and SupportHello everyone, let's look at the BNB to USDT chart on a 4-hour time frame. 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 that is currently holding the price is $305.9, if the support is broken then the next support is $298.6, $292.9 and $287.1. Now let's move on to the resistance line, as you can see the first resistance is $313.1, if you manage to break it, the next resistance will be $320.4, $326.3 and $332.6. Looking at the CHOP indicator, we see that there is a lot of energy for the upcoming move, the MACD indicates that the local uptrend is maintained, while the RSI is in the lower part, although the price may go a little lower, there is a lot of room for growth.
by cryptodailyuk
XRP/USDT 4HInterval check the current situationHello everyone, I invite you to review the chart of XRP in pair to USDT, on a four-hour interval. First, we will use the blue lines to mark the uptrend channel in which the price has been moving locally since it exited the downtrend line marked with the yellow line. Moving on, we can move on to marking support areas when we start a larger correction. And here the first support is at the price of $0.50, the second support is at the price of $0.48, the third support is at the price of $0.47, and then we have the strength Looking the other way, we see that the price has hit the resistance at $0.52, then we have the resistance at $0.55, and when we manage to break it, we will move towards the resistance at $0.58 Please look at the CHOP index, which indicates that we have a lot of energy for the upcoming move, MACD indicates that we are on the verge of changing the trend to an upward trend, while the RSI, despite the rebound, we are at the upper limit, which may lead to another correction of the price.
by cryptodailyuk
BTC/USDT short-term Targets and StoplossHello everyone, let's take a look at the 4H BTC to USDT chart as you can see that the price is moving right at the local downtrend line. Let's start by setting goals for the near future that we can take into account: T1 = $27,112 T2 = $27,475 T3 = $27,780 AND T4 = $28089 Now let's move on to the stop loss in case the market goes down further: SL1 = $26,783 SL2 = $26,493 SL3 = $26,257 AND SL4 = $26,036 Looking at the CHOP indicator, we see that there is a lot of energy for a new move, the MACD is on the verge of entering a local uptrend, while the RSI, after recovering, has a small increase with room for the price to go a little higher in the coming hours.
by cryptodailyuk
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MATIC/USDT 1DInterval - Targets and Stop lossHello everyone, let's look at the MATIC to USDT chart on a one-day time frame. As you can see, the price is staying above the local uptrend line. Let's start with setting the support line and as you can see the first support on which the price is currently based is $0.89, if the support is broken then the next support is $0.87, $0.84 and $0.81. Now let's move to the resistance line, as you can see the first resistance is $0.91, if you manage to break it, the next resistance will be $0.93, $0.95 and $0.97. Looking at the CHOP indicator, we see that there is some energy left for the next move, the MACD remains in an uptrend despite the correction, while the RSI has a small rebound, but there is still room for the price to go lower.
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by cryptodailyuk
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Daily BTC 1WChart - resistance and supportHello everyone, I invite you to review the current situation on BTC in pair to USDT, taking into account the one-week interval. First of all, we will use the blue lines to mark the uptrend channel from which the price goes sideways, while locally, with the help of yellow lines, we can mark the downtrend channel. Now we can move on to marking support areas in case the correction starts to deepen. And here, in the first place, it is worth marking a strong support zone from $ 26,437 to $ 25,262, however, when we fall below this zone, we can see a drop to around $ 21,684. Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. First, we will mark the resistance zone from $28,635 to $30,271, when we manage to break it, we have a second zone from $32,979 to $34,819. Only when the price breaks through both zones will it be able to move towards resistance at $37,426 At this point, it is worth mentioning that the price is still in a long-term uptrend above the EMA Cross 200. Please note the CHOP index which indicates that most of the energy has been used, the MACD indicator indicates the transition to a downtrend, while the RSI is approaching the middle of the range, but there is plenty of room for the price to go lower to the previously mentioned support zone.
by cryptodailyuk
10
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on the 4-hour timeframe. As you can see, the price has fallen below the local uptrend line. Let's start with the support line and as you can see the first strong support at which the price is currently located is $1858, if the support is broken then the next support is $1840, the third at $1816 and then the fourth at $1747. Now let's go to the resistance line, as you can see the first resistance is $1896, if you manage to break it, the next resistance will be $1921, $1941 and $1960. It is worth noting that the price is above the EMA Cross 200, which means it will remain in an uptrend. The CHOP index indicates that there is a lot of energy to be used, the MACD indicates a local downtrend, while the RSI has a strong rebound, so we can see an increase in the price in the coming hours.
by cryptodailyuk