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Trendbasedfib

ETH/USDT 4H - Targets and StoplossHello everyone, let's look at the 4H ETH to USDT chart as you can see that the price is moving in a local sideways trend channel. Let's start by setting goals for the near future that we can take into account: T1 = TADAWUL:2080 - $2094 T2 = TSE:2107 - HKEX:2118 T3 = HKEX:2135 AND T4 = TSE:2157 Now let's move on to the stop loss in case the market goes down further: SL1 = TSE:2072 SL2 = MYX:TDM AND SL3 = FSE:1999 Looking at the CHOP indicator, we see that there is still a lot of energy on the 4H interval, while the MACD indicator indicates a local downtrend. We see a rebound on the RSI, but the indicator is still in the upper limit, which may deepen the correction.
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 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 $ 29090, if the support is broken we can see a quick return of the price to around $ 27891, but here it is worth noting that the price remains just below a very strong support. Now let's move on to the resistance line, as you can see the first resistance is $ 30159, if you manage to break it, the next resistance will be $ 30711, $ 31152 and $ 31600. Looking at the CHOP indicator, we see that the energy in the current correction has been used, the MACD indicates a downward trend, while the RSI has a strong rebound, which may also indicate the end of the current rebound.
by cryptodailyuk
Daily BNB 4HChart - 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 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 $333.4, if the support is broken then the next support is $326.4, $320.9 and $315.1. Now let's move to the resistance line, as you can see the first resistance is $ 344, if you manage to break it, the next resistance will be $348.4, $352.7 and $359. Looking at the CHOP indicator, we see that the energy has been used, the MACD confirms the local uptrend, while the RSI has crossed the upper limit again, which may result in a temporary price rebound.
by cryptodailyuk
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Daily BTC 4HChart - resistance and supportHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the interval of four hours. First, we will use blue lines to mark the local uptrend channel in which the BTC price is moving in the upper limit. 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 at $ 30592, when we go lower, the second support is at $ 30318, then we have a strong support zone from $ 30072 to $ 29826, and then support at $ 29523. Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. The price must first break the first resistance at $ 30911, when it manages to break the second resistance is at $ 31311, then $ 31694 and then the resistance at $ 32258. Please pay attention to the CHOP index which indicates that most of the energy has been used, the MACD indicator indicates the maintenance of the local uptrend, while the RSI is moving above the upper limit of the range, despite slight increases, we can still expect an upcoming rebound that will cool down the indicators before further increases.
by cryptodailyuk
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Daily BNB 4HChart - resistance and support - shorttermHello 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 uptrend line. Let's start with the support line and as you can see the first support in the near future is $ 332, if the support is broken then the next support is $ 329, $ 327 and $ 325. Now let's move to the resistance line, as you can see the first resistance is $ 336, if you manage to break it, the next resistance will be $ 339, $ 341 and $ 343. Looking at the CHOP indicator, we see that the energy has been used, the MACD indicates an uptrend, while the RSI is moving above the upper limit, which may affect the price correction.
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 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 $30135, if the support is broken then the next support is $29849, $ 29615 and $29374. Now let's move on to the resistance line, as you can see the first resistance the price is currently fighting is $30435, if it manages to break it, the next resistance will be $30917, $31313 and $31700. Looking at the CHOP indicator, we see that there is a lot of energy for a new move, the MACD indicates the maintenance of the local downtrend, while the RSI is very high, which may give the price a rebound.
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 uptrend line. Let's start with the support line and as you can see the first support in the near future is HKEX:1901 , if the support is broken then the next support is $1874, TSE:1853 and $1832. Now let's move on to the resistance line, as you can see the first resistance is HKEX:1919 , if you break it the next resistance will be HKEX:1943 and $2016. Looking at the CHOP indicator, we see that there is more and more energy, the MACD remains in the local downtrend, while the RSI moves in the upper range, which limits the room for further increases.
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 has gone up from the triangle. Let's start with the support line and as you can see the first support in the near future is $29971, if the support is broken then the next support is $29689, $29462 and $29222. Now let's move on to the resistance line, as you can see the first resistance is $30540, if you manage to break it, the next resistance will be $31001, $31386 and $31754. Looking at the CHOP indicator, we see that the energy has been consumed, the MACD confirms the upward trend, while the RSI has strongly exceeded the upper limit of the range, which may affect the price correction.
by cryptodailyuk
MKR/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the chart of MKR in pair to USDT, on a four-hour time frame. First, we will use the blue lines to mark the uptrend channel in which we are currently moving. Going further, we can move on to marking the places of support when we start the correction. And here, the first support is at FWB:706 , the second support is at FWB:698 , the third support is at $692, and then the fourth support is at $686. Looking the other way, we see that the price has approached a strong resistance at HKEX:721 , when it manages to break it, the second resistance is at HKEX:731 , then the third resistance is at $744 It is worth paying attention to the EMA Cross 10 and 30, which indicate the place of return to the uptrend. Please take a look at the CHOP index, which indicates that there is still plenty of energy for the next move, the MACD confirms the current uptrend, while the RSI is moving in the upper part of the range and approaching its upper limit, which may affect price stagnation or an upcoming rebound.
by cryptodailyuk
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Daily BTC 4HChart - resistance and supportHello everyone, I invite you to review the chart of BTC in pair USDT taking into account the interval of four hours. First, we will use the blue lines to mark the local uptrend channel where the BTC price is approaching the upper limit. 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 support at HKEX:28840 , then second support at $28555, third support at $28324, and then we have a strong support zone from $28092 to $27760. Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. And here in the first place we have a very strong resistance at $29325 equal to 0.786 Fib from which the price has currently rebounded, but when it manages to break it, the next strong resistance will appear at the price of $29910. Please note the CHOP index which indicates that the energy has been used, the MACD indicator indicates the entry into an uptrend, while the RSI has crossed the upper limit of the range, which may lead to a price correction or a temporary sideways trend.
by cryptodailyuk
Daily ETH 1HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on a 1-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 HKEX:1877 , if the support is broken then the next support is HKEX:1859 , HKEX:1845 and $1830. Now let's move on to the resistance line, as you can see the first resistance is HKEX:1912 , if you break it the next resistance will be TSE:1934 and $1964. Looking at the CHOP indicator, we see that the energy has been used, the MACD confirms the local uptrend, while the RSI has crossed the upper limit of the range, which may lead to a rebound in the price after the recent increase.
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 within the triangle marked with yellow lines and is about to leave it. Let's start with the support line and as you can see the first support in the near future is HKEX:27784 , if the support is broken then the next support is $27400 and $26902. Now let's move to the resistance line, as you can see the first resistance is $28281, if you manage to break it the next resistance will be HKEX:28587 , $28901 and $29372. Looking at the CHOP indicator, we see that the energy is very charged, the MACD is on the verge of maintaining an uptrend, while the RSI is in the middle of the range, we have room for an upward exit from the triangle.
by cryptodailyuk
BNB/USDT 1HInterval Resistance and Support SHORTTERMHello everyone, let's look at the BNB 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 the support line and as you can see the first support in the near future is $311.8, if the support is broken then the next support is $308.6, $306.1 and $303.6. Now let's move to the resistance line, as you can see the first resistance is $313.8, if you manage to break it, the next resistance will be $316.3. $318.4 and $320.4. Looking at the CHOP indicator, we see that there is still energy left for further movement, the MACD indicates a local uptrend, while the RSI shows a large increase and a temporary price rebound.
by cryptodailyuk
Daily BTC 1HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 1-hour timeframe. As you can see, the price is moving in the local downtrend channel. Let's start with the support line and as you can see the first support in the near future is HKEX:27807 , if the support is broken then the next support is HKEX:27573 and $27249. Now let's move to the resistance line, as you can see the first resistance is HKEX:28262 , if you manage to break it, the next resistance will be $28581 and $28897. Looking at the CHOP indicator, we see that there is a lot of energy, the MACD is on the verge of returning to an uptrend, while the RSI has room for price growth.
by cryptodailyuk
Daily ETH 1DChart - resistance and supportHello everyone, I invite you to review the chart of ETH in pair to USDT, taking into account the one-day interval. First of all, using the blue lines, we can mark the uptrend channel in which the price is currently moving. 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 first have a support zone from $ 1801 to $ 1759, if the price falls below this zone, then the second support at $ 1715, the third at $ 1650, then the fourth support at a price of $1569. 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 very strong resistance at HKEX:1978 , the next resistance at TADAWUL:2060 , then the third resistance at HKEX:2126 , and the fourth resistance at $2195. The CHOP index indicates that there is still some energy left for the next move. The MACD indicator remains in an uptrend. On the other hand, the RSI, despite the rebound, is in the upper part of the range, which may indicate a deeper correction.
by cryptodailyuk
MATIC/USDT 4HInterval Resistance and SupportHello everyone, let's look at the MATIC to USDT chart on a 4-hour timeframe. As you can see, the price is moving in the local uptrend channel. Let's start with the support line and as you can see the first support in the near future is the zone from $1.12 to $1.11, if the support is broken then the next support is $1.09 and $1.05. Now let's move on to the resistance line, as you can see the first resistance is $1.13, if you manage to break it, then we have a resistance zone from $1.15 to $1.16, then support at $1.17 and $1.19. Looking at the CHOP indicator, we see that the energy is growing strongly, the MACD indicates a local downtrend, while the RSI has a significant rebound, which creates room for the next increase.
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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 in the local uptrend channel. Let's start with the support line and as you can see the first support in the near future is $1903, if the support is broken then the next support is $1878, the third is $1858 and then we have a strong support zone from $1838 to $1809. Now let's move on to the resistance line, as you can see the first resistance is $1954, if you break it the next resistance will be $1992, $2022 and $2052. Looking at the CHOP indicator, we see that the energy on the short interval has been used up, the MACD indicates a local uptrend, while the RSI has crossed the upper limit, which may give the price a rebound.
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 has bounced off the local downtrend line. Let's start with determining the support line and as you can see, it is worth marking the support zone from $27993 to $27710 first, if the support is broken then the next support is $27481, $27260 and $26929. Now let's move to the resistance line, and here too we can mark the resistance zone from $28275 to $28593, if you manage to break it, the next resistance will be $28911 and $29357. Looking at the CHOP indicator, we see that we have a lot of energy to move further, the MACD is on the verge of returning to an uptrend, while the RSI is in the middle of the range and we can expect a small price rebound.
by cryptodailyuk
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BNB/USDT 4HInterval ShortTerm 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 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 $309, if the support is broken then the next support is $306.1 and $302.1. Now let's move to the resistance line, first we have a resistance zone from $312.3 to $314.4, then a second resistance zone from $316.2 to $317.9, a third resistance at $320.5, then a fourth resistance at $323.6. Looking at the CHOP indicator, we see that the energy is starting to rise, the MACD confirms the local downtrend, while the RSI is moving in the lower part of the range, which may indicate an upcoming price increase.
by cryptodailyuk
Daily ETH 4HChart - resistance and support SHORTTERMHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. 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 support in the near future is $1782, if the support is broken then the next support is $1762, $1741 and $1713. Now let's move on to the resistance line, as you can see the first resistance is $1823, if you manage to break it, the next resistance will be $1846, $1865 and $1885. Looking at the CHOP indicator, we see that there is energy to continue the move, MACD confirms the local downtrend, while the RSI shows a rebound, which positively creates room for a future price increase.
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 has moved out of the local downtrend channel. Let's start with the support line and as you can see the first support in the near future is $28187, if the support is broken then the next support is $27996, $27792 and $27517. Now let's move on to the resistance line, as you can see the first resistance is $28525, if you manage to break it, the next resistance will be $28716, $28874, $29029 and $29253. Looking at the CHOP indicator, we see that we have a lot of energy to move, MACD is on the verge of returning to a downtrend, while the RSI is moving in the upper part, which may affect the price's slight rebound.
by cryptodailyuk
Daily BNB 4HChart - 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 uptrend line. Let's start with the support line and as you can see the first support in the near future is $315.3, if the support is broken then the next support is $311.8, $308.9 and $306.2. Now let's move on to the resistance line, as you can see the first resistance the price is currently fighting is $319.2, if it holds, the next resistance will be $320.9, then $323.5 and $326.7. Looking at the CHOP indicator, we see that there is a lot of energy for a move, MACD indicates a local uptrend, while the RSI, despite a small increase, still has room for an upward move.
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 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 near future is $1765, if the support is broken then the next support is $1745, $1725 and then $1696. Now let's move to the resistance line, as you can see the first resistance is $1800, if it breaks through, the next resistance will be $1822, the third resistance will be $1839 and the fourth will be $1856. Looking at the CHOP indicator, we see that we have a lot of energy, the MACD is on the verge of returning to a downtrend, while the RSI has a rebound, but with room for a deeper correction.
by cryptodailyuk
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