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DOT/USDT 1D Interval ReviewHello everyone, let's look at the DOT to USDT chart on a one-day time frame. As you can see, the price is moving below the downtrend line. Let's start with the support line and as you can see the first support in the near future is $5, if the support is broken then the next support is $4.72, and then the third support at $4.50. Now let's move on to the resistance line, as you can see the first resistance is at $5.56, if it is broken then the next resistance will be at $5.83, the third at $6.05 and the fourth at $6.27. Looking at the CHOP indicator, we see that the energy is gathering strength, the MACD remains in a downward trend, while the RSI is moving at the lower limit, which affected the slowdown of the correction.
by cryptodailyuk
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Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on a single day time frame. As you can see, the price is moving below the uptrend line. Let's start with setting the support line and as you can see the first support which, as you can see, held the price is $ 1737, if the support is broken then the next support is $ 1658, and then $ 1436. Now let's move to the resistance line, as you can see the first resistance is $ 1918, if you manage to break it, the next resistance will be $ 2034 and $ 2123. Looking at the CHOP indicator, we see that there is still some energy left for a further move, the MACD remains in a downtrend, while the RSI shows an entry into the lower part of the range, but there is still room for the price to go lower.
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 uptrend line. Let's start with the support line and as you can see the first support that is currently holding the price is $ 303.4, if the support is broken then we can see the price drop to around $ 274. At this point, it is worth marking a strong resistance zone from $ 304 to $ 297, taking into account the entire upward movement. Now let's move to the resistance line, as you can see the first resistance is $ 313, if it breaks down, the next resistance will be $ 320.6, $ 326.4 and then we have a strong resistance zone from $ 332 to $ 341. Looking at the CHOP indicator, we see that there is still some energy for the move, the MACD maintains a downward trend, while the RSI has touched the lower limit, which may give a temporary price increase, but in the longer term I expect a further correction.
by cryptodailyuk
Daily BTC 4HChart - resistance and supportHello everyone, as most of the interested have already heard BTC has a very busy network, so we will check what to expect in the coming hours. As you can see, the price is moving below the downtrend line. Importantly, the price is holding around an important resistance at 0.618 FIB, while the next significant support is at $ 26858, which is seen to have held the price before, followed by a third support at $ 25984. Now let's move on to the resistance line, as you can see the first resistance is $ 27971 which is likely to be attacked by btc again, the next resistance will be $ 28377 and then we have a strong resistance zone from $ 28711 to $ 29221. Looking at the CHOP indicator, we see that there is still energy for the next move, in addition, the MACD indicates a transition to a local downtrend, and the RSI returns to the lower part of the range, which may indicate that we may see an upward rebound in the short term. However, in the long run, the price may be pulled down.
by cryptodailyuk
5
LTC/USDT 4HInterval in correctionI invite you to review the LTC chart in pair to USDT, so on the four-hour interval, we will mark the downtrend channel in which the price is moving with blue lines, but here we can observe that during today's review we are witnessing a strong market rebound. Moving on, we can move on to marking the support areas when the initiated correction begins to deepen. And here, the first support that is currently holding the price is at $77.61, the second support is at $74.9, the third support is at $72.71, and we still have support at $70.46. Looking the other way, we see that we need to go through a big strong resistance zone from $79 to $83 first, then we have resistance at $85.17 and then move towards $91.41. Please look at the CHOP index, which indicates that a lot of energy has been collected, MACD indicates that despite the correction, we maintain a local uptrend, while the RSI after today's increase is a strong rebound.
by cryptodailyuk
Daily BTC 4HChart - resistance and supportHello everyone, I invite you to checking the current situation on the BTC pair to USDT, taking into account the four-hour interval. First, we will use the yellow lines to mark the local triangle in which the price is currently moving. 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 a very strong support zone from $ 28038 to $ 27560 in which the price is currently located, but when we fall below this zone, we can see a drop around $ 26882 and even $ 26022. 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 $ 28659 to $ 29195, when it manages to break it, the price will have to break through the resistance at $ 29711, and then the third resistance at $ 30466 only when it breaks out above and then positively tests it, we will be able to see further increases. Please pay attention to the CHOP index, which on the four-hour interval indicates that there is still a lot of energy for the move, the MACD indicator indicates entering a local uptrend, while the RSI shows a visible rebound and room for the price to go higher.
by cryptodailyuk
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on the 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 $ 1839, if the support is broken then the next support is $ 1809, $ 1784 and $ 1759. Now let's go to the resistance line, as you can see the first resistance is $ 1883, if it breaks through, the next resistance will be $ 1917, $ 1942 and $ 1977. Looking at the CHOP indicator, we see that the collected energy is used for an upward move, the MACD indicates a transition to a local uptrend, and the RSI shows a visible increase, but there is a place for the price to go higher.
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 by drawing the support line and as you can see the price has fallen below the support and currently the first significant support is $ 26831, if the support is broken then the next support is $ 25951. Now let's move to the resistance line, as you can see first we have a resistance zone from $ 28004 to $ 28449, then a second zone from $ 28806 to $ 29164 and then resistance at $ 29682. Looking at the CHOP indicator, we see that there is a lot of energy, the MACD indicates the continuation of the downward trend, while the RSI is in the process of rebounding with room for a deeper correction.
by cryptodailyuk
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DOT/USDT 1DInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a one-day time frame. As you can see, the price is moving below the downtrend line. Let's start with the support line and as you can see the first support in the near future is $ 5.30, if the support is broken then the next support is $ 4.83 and $ 4.24. Now let's go to the resistance line, as you can see the first resistance is $ 5.78, if you manage to break it, the next resistance will be $ 6.04, $ 6.26 and $ 6.48. Looking at the CHOP indicator, we see that there is still a lot of energy to continue the move, the MACD remains in a downtrend, while the RSI is approaching the lower end of the range, which may indicate the imminent end of the correction in the coming days.
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 at the lower border of the local triangle. Let's start with setting the support line and as you can see the price stays right at the very strong support at $ 323.5, if the support is broken then the next support is $ 317.6 and $ 310.3. Now let's move on to the resistance line, as you can see the first resistance is $ 326.9, if you manage to break it, the next resistance will be $ 334.2, $ 340.3 and $ 346.3. Looking at the CHOP indicator, we see that there is still energy for movement, MACD indicates that we are on the verge of entering a local uptrend, while the RSI shows that a small price movement causes a large movement on the indicator, which in the short term may negatively affect the price.
by cryptodailyuk
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Daily ETH 1DChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on a single day 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 $ 1839, if the support is broken then the next support is $ 1798 and $ 1737. Now let's move on to the resistance line, as you can see the first resistance is $ 1914, if you break it the next resistance will be $ 1949, $ 1976 and $ 2002. Looking at the CHOP indicator, we see that there is a lot of energy, the MACD indicates an uptrend, but we immediately have a strong rebound, while the RSI has all the growth retracted to the middle of the range, but there is a lot of room for the hen to be deepened.
by cryptodailyuk
LTC/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the LTC chart this time on a four-hour interval. As we can see, the price has left the uptrend line at the bottom, while locally we are moving in a triangle in which the price is approaching a direction. We can also see that the price is just below the EMA Cross 200 blue line, which confirms the downtrend, however we are struggling to get back above this level. Now let's move on to marking the price support points and we see that we first have support at $87.93, but if the price goes lower, we have another support at $83.12, then $78.45 and another support at a price of $71.37. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that first the price has to break the resistance at $93.19, then we have the resistance at $38.9, the third very strong resistance at the price of 103.38, and the fourth resistance at the price of $107.93. The CHOP index indicates that there is a lot of energy for the upcoming move, the MACD indicates the maintenance of the local uptrend, while the RSI, despite small price movements, has returned to the upper part of the range, which may negatively affect the price in the short term.
by cryptodailyuk
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Daily BTC 1DChart - resistance and supportHello everyone, let's look at the BTC to USDT chart in one day 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 $ 28478, if the support is broken then the next support is $ 28007 and $ 27518. Now let's move on to the resistance line, as you can see the first resistance is $ 29176, if you manage to break it, the next resistance will be $ 29540, $ 30059 and $ 30715. 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 returning to an uptrend, while the RSI is in the middle of the range, which makes it difficult to determine the direction of the move.
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 $ 28498, if the support is broken then the next support is $ 28025, $ 27540 and $ 26879. Now let's move on to the resistance line, as you can see the first resistance is $ 28818, if you manage to break it, the next resistance will be $ 29181, $ 29544 and $ 30062. Looking at the CHOP indicator, we see that there is a lot of energy, the MACD indicates a local uptrend, while the RSI is moving in the lower part of the range, which gives room for increases.
by cryptodailyuk
Daily BTC 1DChart - resistance and supportHello everyone, I invite you to review the behavior of BTC, taking into account the one-day interval. First, we can mark the local uptrend line from which the price went down, while the purple line will mark the saucer trend that was previously broken. 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 $ 27061, if the price goes lower, we have a strong support zone from $ 24550 to $ 22504, and then there is a strong support at $ 20552. Looking the other way, in a similar way, we can mark places where the price should encounter resistance on the way to increases. And here we have the first very strong resistance at $ 30734 which is the current barrier, the next resistance is at $ 32965, then the third resistance at $ 34871, and the fourth at $ 36778. When we turn on the EMA Cross 10 and 30, we can see that they indicate an uptrend. The CHOP index indicates that the energy is charged for the next move. The MACD indicator is on the verge of entering a local uptrend. On the other hand, we see a rebound on the RSI, which creates room for new increases.
by cryptodailyuk
DOT/USDT 4HInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a one-day time frame. As you can see, the price is moving below the uptrend line. Let's start with the support line and as you can see the first support in the near future is $ 5.66, which currently held the price, if the support is broken then the next support is $ 5.33 and $ 4.85. Now let's move on to the resistance line, as you can see the first resistance is $ 6.04, if you manage to break it, the next resistance will be $ 6.31, $ 6.54 and $ 6.76. Looking at the CHOP indicator, we see that most of the energy has been used, the MACD indicates an ongoing downtrend, while the RSI has a visible rebound and we are approaching the lower limit, which may change the trend.
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 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 $ 333.4, if the support is broken then the next support is $ 329.6, $ 326.6 and $ 323.3. Now let's move to the resistance line, as you can see the first resistance is $ 337.3, if you manage to break it, the next resistance will be $ 342.2 and $ 348.5. Looking at the CHOP indicator, we see that the energy has been used, the MACD indicates a local uptrend, while on the RSI we could see a large increase and after touching the upper limit, the price rebounded.
by cryptodailyuk
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on the four hour time frame. 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 HKEX:1855 , if the support is broken then the next support is TSE:1803 , HKEX:1761 and $1717. Now let's move on to the resistance line, as you can see the first resistance is TSE:1930 , if you break it the next resistance will be TSE:1976 , $2021 and $2081. Looking at the CHOP indicator, we see that there is a lot of energy for a new move, the MACD maintains a local downtrend, while the RSI has a sideways trend.
by cryptodailyuk
FTM/USDT 4HInterval Resistance and SupportHello everyone, let's look at the FTM to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $ 0.40, if the support is broken then the next support is $ 0.38, $ 0.36 and $ 0.34. Now let's move on to the resistance line, as you can see the first resistance is $ 0.45, if you manage to break it, the next resistance will be $ 0.49, $ 0.52 and $ 0.54. Looking at the CHOP indicator, we see that there is a lot of energy for a new move, the MACD indicates a return to the local uptrend, while the RSI with a small price increase has a large move, which quickly reduces the room for further increases.
by cryptodailyuk
XRP/USDT 4HInterval check the current situationI invite you to review the XRP chart in pair to USDT, also on a one-day interval. First, we will use the purple lines to mark the downtrend channel in which the price is currently moving. Moving on, we can move on to marking support areas when we start a larger correction. And here, the first support is at $0.45, the second support is at $0.43, the third support is at $0.41, and then the fourth support is at $0.39. Looking the other way, we see that the price has reached the first resistance at $ 0.48, which so far has no strength to break. However, if it manages to break out above, the second resistance is at $0.51, the third at $0.53, and then the fourth at $0.55. At this point, it is worth looking at the EMA Cross 10 and 30, which indicate that we are on the verge of returning to an uptrend. The CHOP index indicates that most of the energy has been used, the MACD indicates that we are moving in a local uptrend, while the RSI has a return to the upper part of the range, which may give a moment of recovery before further growth.
by cryptodailyuk
DOT/USDT 4HInterval ReviewHello everyone, let's look at the DOT to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the downtrend line. Let's start with the support line and as you can see the first support in the near future is the support zone from $5.93 to $5.75, if the support is broken then the next support is $5.61, $5.46 and $5.26. Now let's move on to the resistance line, as you can see the first resistance is $6.2, if you manage to break it, the next resistance will be $6.47, $6.69 and $6.90. Looking at the CHOP indicator, we see that most of the energy has been used, the MACD indicates a local uptrend, while the RSI is approaching the upper limit, which may also slow down the current upward movement.
by cryptodailyuk
BTC/USDT Review 4H !Hello everyone, I invite you to review the current situation on the BTC pair to USDT, taking into account the four-hour interval. First, we will mark the local downtrend line with the yellow line, and as you can see, the price has definitely moved back above it. Now we can move on to marking the support spots in case of a return to the downtrend. And here, in the first place, it is worth marking support at $29082, but when we go lower, we have second support at HKEX:28 ,489, third at HKEX:27 ,991, and then fourth at HKEX:27 ,504. Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. Here we see that the first significant support is at HKEX:30 ,512, then at HKEX:31 ,475, once it is broken, we can see a strong increase to around HKEX:34 ,271. At this point, however, it is worth mentioning that the price is fighting to maintain the level of 0.618Fib Retracement, moreover, we can observe a phenomenon between the chart and the RSI indicator, which often ends up returning to the previously conducted downtrend. As we can see on the chart, the price is lower and the RSI indicator is higher, such a pattern often turns into a price reversal. However, the movement is not over yet and you should watch if the price will break out above the marked spot. Please pay attention to the CHOP index which indicates that the energy has been heavily used and here it is necessary to observe whether it is enough for a further price increase, the MACD indicator confirms the local upward trend.
COINBASE:BTCUSD
by cryptodailyuk
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BNB/USDT 4HInterval Resistance and SupportI invite you to review the BNB chart on a four-hour interval. As we can see, the price is moving in the uptrend channel, marked with purple lines. Let's start by marking the support spots for the price and we see that we first have support at $ 336.8, but if the price goes lower, we have a support zone from $ 332 to $ 328, then support at $ 323.5 and another support at a price of $ 317.4. 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 now rebounded from the resistance at $ 346.2. We continue to have strong resistance at $ 354.8, once the price breaks it it will move towards the resistance at $ 365.4. The CHOP index indicates that the energy has been used up, the MACD indicates that the uptrend is maintained, while the RSI is moving at the upper limit of the range, which may slow down the current movement.
by cryptodailyuk