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Trendbasedfib

LINK/USDT 1D Hello, I invite everyone to review LINK in pairs to USDT, taking into account the interval of one day. As we can see, the price has moved upwards from the downward trend line. After unfolding the trend based fib extension grid, we can determine a strong resistance at the level of $14.87, only an upward move can give room for an upward movement towards $15.98, and then we can see resistance at the level of $17.41. Looking at the second stone, we will similarly determine the support places. However, here there is a strong support zone from $12.54 to $11.30, only a break from this zone may result in a drop to around $9.55. It is worth looking at the RSI indicator here, which shows a strong movement beyond the upper limit, which translates into a loss of growth power and may change the direction of the price.
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ETC/USDT 1D Chart ReviewHello everyone, I invite you to review the ETC pair to USDT chart on a one-day time frame. Let's start by identifying the downward trend in which the price is moving using the yellow channels. Currently, you can see how we bounced off the lower border of the channel, which resulted in a 23% price rebound. Going further, we can see how the price reacted in our strong support zone from $21 to $18, when the price dropped to the lower border of the zone, we could see a strong rebound. However, if the price were to break down, the next very strong support is at $15.5. Looking the other way, we can determine resistances in a similar way, and as you can see, the price is currently struggling with the resistance at $22.5, when we break out of it, the next resistance is at $25.4 and then very strong resistance at the price of 29.8 $. Looking at the RSI indicator, you can see how an upward movement does not result in price increases, while a downward movement of the indicator gives a greater reaction, which may lead to another attempt at declines. Even though the RSI indicator shows room for the price to move up from the current resistance, the STOCH RSI indicator indicates that the upper limit has been exceeded, which in previous situations resulted in price declines.
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ETH/USDT 4h interval chart Hello everyone, I invite you to a quick review of the ETH to USDT chart for the 4H period. As we can see, the price is approaching leaving the local triangle, which indicates a possible direction for further movement. When the price starts to reverse, support levels are visible at $3,088, then support levels are visible at $3,048, and support levels are at $2,986, $2,942, and $2,885. However, when the price moves up again, it must overcome the resistance at $3,166 to continue towards the strong resistance at $3,264. Looking at the RSI indicator, we can see that we have entered the upper part of the range, but there is still room for the price to go up.
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BNB/USDT Short-TermHello everyone, I invite you to a quick review of the BNB to USDT chart, taking into account the one-hour interval. Taking into account the short time interval, we will first determine possible stop losses: SL1: $501, SL2: $487, SL3: $477, SL4: $464. Looking the other way, we will determine the closest to the targets: T1: $517, T2: $530, T3: $547. The RSI indicator shows a rebound, but there is still more room for a decline than for the current upward movement.
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Is LTC approaching a trend reversal?I invite you to check the situation of LTC in pair with USDT on a one-weekend basis. We see on the chart that the price is at the intersection of two lines, an upward trend line and a downward trend line. These are the two main trend lines that have currently formed a triangle from which the price will choose the direction of movement. Locally, we can see a sideways trend channel with smaller and smaller lows. The RSI indicator shows that we have approached the place where we could previously observe price rebounds, the STOCH indicator looks similar, but here we can see a movement at the lower limit, which may translate into an upward movement. Moreover, the chart shows how the price remains in a strong support zone, which may also influence the upcoming rebound towards the designated resistances.
Long
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SOL/USDT 1D Chart Review Hello everyone, I invite you to review the SOL chart in pair with USDT on a one-day time frame. As you can see, the price has approached the downward trend line, but will it be enough to break it up? after unfolding the Terran Based Fib Extension net, you can see that we are fighting against the current resistance at $149, then there is resistance at $165, the third at $179, and the fourth very strong resistance at $193. Looking the other way, we can similarly determine places of support. And here, the first support level is visible at $136, then the second resistance at $125, the third at $109, and the fourth at $98. When we look at the RSI indicator, we can see that it is at the upper limit, which may result in the inhibition of growth or even another attempt at recovery.
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MKR/USDT 1D Chart ReviewHello everyone, let's look at the 1D MKR to USDT chart, we can see how the price is moving in a descending triangle defined by yellow lines. Let's start by setting goals for the near future that we can include: T1 = $2,599 T2 = $2,946 T3 = $3,512 AND T4 = $3,909 Now let's move on to the stop loss in case of further market declines: SL1 = $2,200 SL2 = $1,890 SL3 = $1,724 AND SL4 = $1,407 When we look at the RSi indicator, we can see it moving around the middle of the range, with room to move in both directions. However, the STOCH indicator shows that we are bouncing off the upper limit, but the price movement itself is not large.
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BTC undergoing correctionHello everyone, let's take a look at the BTC to USDT chart on a one-day time frame. As we can see, the price rebounded from the upper border of the downward trend channel, and what is more, we can see how the local downward trend line was broken inside the channel. Let's start by determining the support line and here there is a strong support at the level of $65,372, at which the price currently holds, then there is support at the level of $61,397, the third support at the price of $58,444, and further support at the lower border of the downward trend channel at the level of $54,792 . Looking the other way again using the trend based fib extension tool, we can determine resistance. However, here it is worth starting by marking a strong resistance zone which the price cannot overcome from $70,105 to $73,515, then there is resistance at $76,267 and then at around $80,000. Looking at the RSI indicator, we can see how we have approached the place where we could previously observe a change in direction, while on the STOCH indicator we are moving towards the lower border, which may also indicate an upcoming change in direction.
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Will we see a price break attempt again on ETH?Hello everyone, I invite you to review the chart of ETH in pair with USDT, on a four-hour interval. As we can see, the price has risen from the first channel of the downward trend, then we can see a break from the local upward trend line and now we can see the second channel of the downward trend, Currently, the price has bounced off the support at $3,495, but remaining in the descending channel, we may see the price drop to the support at $3,179. Going further, we have a very strong support zone from $2,954 to $2,678. Looking the other way, you can see how the price remains in front of a strong resistance zone from $3,645 to $3,814, then there is resistance at $4,098, and then we have a very strong resistance at $4,560. Looking at the RSI indicator, you can see that we are entering the upper part of the range despite a slight price movement on the chart, while the STOCH indicator shows that we are exceeding the upper limit, which may still result in another attempt at price recovery.
by cryptodailyuk
BNB/USDT 1HInterval Chart ReviewHello everyone, let's take a look at the BNB to USDT chart considering the one hour time frame. As we can see, the price is approaching the point of exiting the triangle, after the current recovery. Let's start by determining the support line, as we can see, the price is based on a significant support at the level of $672, in case of breaking the support, the next support is $656, and then a very strong support at the level of $632. Looking the other way, you can see the resistance at the price of $682, ​​then there is a point at the price of $696, the third resistance is significant and has doubled the price increase at the level of $720, further resistance can be identified at the price of $736. When we look at the RSi indicator, we will see that the energy is approaching the lower limit. We have a similar situation on the STOCH indicator, but here we are bouncing off the bottom of the mark, which slows down the decline.
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BTC/USDT 4hInterval Chart ReviewHello everyone, I invite you to a quick review of BTC to USDT pair, taking into account the four-hour interval. As we can see, currently the price has bounced off the downtrend line and we can observe a rebound. Moving on, we will move on to marking support areas when the price starts to go down again. And here, using the trend based fib extension grid, we can see significant support at the level of $68607, then the level of $67672 is important, and then again a strong support point at the level of 66474. Looking the other way, we can similarly determine the resistance points and here we can see the first resistance at level of $70,536, further visible at $71,844 and then strong resistance around $74,000. It is worth mentioning that the RSI indicator approached the place where we could previously observe a price rebound, while the STOCH indicator approached the lower limit, which also resulted in a quick rebound from the trend line.
by cryptodailyuk
BNB/USDT 4HInterval Chart ReviewHello everyone, let's take a look at the 4H BNB to USDT chart as we can see that we are getting close to trying to break out of the triangle. Let's start by setting goals for the near future that we can include: T1 = $600 T2 = $608.50 T3 = $614.50 T4 = $621 AND T5 = $643.50 Now let's move on to the stop-loss in case of further market declines: SL1 = $595 SL2 = $583 SL3 = $573.50 AND SL4 = $563 When we look at the EMA Cross 50 and 200 indicator, we will see the yellow ema cross 50 line staying above the blue ema cross 200 line, which confirms that the uptrend is continuing.
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BTC/USDT 1HInterval Chart ReviewHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price is moving in the lower part of the channel marked with white lines. Let's start by determining support and here, first of all, you can see a strong support zone from $67,238 to $66,289, while further support is visible at a level close to $65,000. Now let's move on to determining the resistance points. And here we see resistance at the level of $68,240, then we have a second resistance at $69,299, and then the resistance zone from $70,041 to $70,959 is important, only when the price positively tests it will we be able to see new increases. Looking at the EMA Cross 50 and 200 indicator, they indicate the continuation of the local downward trend. The RSI indicator, which remains near the middle of the range, has room for movement in both directions, while the STOCH indicator remains in the upper part, which may again translate into a recovery movement.
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ETH fighting against strong resistanceHello everyone, let's take a look at the ETH to USDT chart on a one-day time frame. As you can see, the price is currently bouncing off the downtrend line. Let's start by determining the support line and as you can see, the first support in the near future is $3,530, then you can see support at $3,250, and then we have a strong support zone from $3,046 to $2,796 Now let's move on to determining the resistance points. And here we must start by identifying a very strong resistance zone from $3,821 to $4,110, only when we manage to break out and positively test this zone, we can see a move towards the resistance at $4,917. Looking at the EMA Cross 50 and 200 indicator, they still indicate that the strong upward trend is maintained. There is still room for growth on the RSI indicator, while the STOCH indicator shows a move towards the upper limit, so you should be careful and take into account a possible recovery.
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Will XRP rebound from the lower border of the channel?Hello everyone, let's take a look at the XRP to USDT chart on a 4-hour time frame. Let's start by defining, using white lines, a sideways trend channel in which the price moves at its lower border. Let's start by determining the support and as you can see, first of all, as support, we have a support zone from $0.50 to $0.45, when the price drops below this zone, the next support is at $0.37, and then support at the price of 0.32 $. Looking the other way, we can see a resistance line at $0.58, then at $0.62, the third resistance at the upper border of the channel at $0.69, and then we can see an increase to around $0.84. When we turn on the EMA Cross 50 and 200 indicator, we can see how the yellow line tries to cross the blue line at the bottom, which would indicate entering an upward trend.
Long
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DOT/USDT 4HInterval Chart ReviewHello everyone, let's take a look at the DOT to USDT chart on a 4-hour time frame. As you can see, the price is moving in the upward trend channel, at its upper limit. Let's start by determining the support and as you can see, the first support in the near future is $7.31, if the support is broken, the zone from $7.07 to $6.89 is visible, then we can go down to the level of $6.67 and then in In the event of a bottom exit from the upward channel, the drop may result in a price around $6. Now let's move on to the resistance line, as you can see the first resistance is $7.39, if it manages to break it, the price will have to break the resistance zone from $7.68 to $7.89 and then it will move towards the resistance at the price of 8.17 $. Looking at the EMA Cross 20 and 50, they indicate the return of the yellow line above the blue, which indicates a change to an uptrend. However, here it is worth paying attention to the RSI indicator, which shows how we are approaching the downward trend line, and in addition, on the STOCH indicator we are at the upper limit, which may translate into a change in direction.
by cryptodailyuk
BTC/USDT 4HInterval Chart ReviewHello everyone, let's take a look at the 4H BTC to USDT chart, as we can see how the uptrend is maintained locally and the price has been offset by the main downtrend. Let's start by setting goals for the near future that we can include: T1 = $69,452 AND T2 = $72,943 Now let's move on to the stop-loss in case of further market declines: SL1 = $66,148 SL2 = $64,376 SL3 = $62,515 AND SL4 = $59,857 Looking at the RSI indicator, we can see that we are in the process of recovery and there is still room for a price drop. When we look at the STOCH indicator, we can see that there is room for a temporary price increase before it recovers again.
by cryptodailyuk
BTC/USDT 4HInterval Chart ReviewHello everyone, let's take a look at the 4H BTC to USDT chart as we can see that the price has bounced off the upper boundary of the downtrend channel, potentially giving room for a stronger downward move. However, if BTC tries to exit the channel again, the price must overcome a very strong resistance zone from $71,959 to $73,853. However, after breaking above this resistance zone, an upward impulse to the area of ​​$83,029 will be possible. Now let's move on to the stop loss in case of further market declines: SL1 = $68,378 SL2 = $66,144 SL3 = $62,363 SL4 = $60,014 AND SL5 = $56,634 Looking at the RSI indicators and the STOCH indicator, you can see how both of these indicators rebounded from the upper limit, which resulted in a downward price movement, with room for the price to recover more. It is worth mentioning here that the RSI indicator has approached the upward trend line, which is worth watching because relying on it may again result in an upward movement.
by cryptodailyuk
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BNB/USDT 4HInterval Chart ReviewHello everyone, let's take a look at the MKR to USDT chart on a 4-hour time frame. As you can see, the price broke sideways from the downward trend line. Let's start by determining the support line and as you can see, the first support in the near future is $2,658, if the support is broken, the next support is $2,274 and $1,777. Now let's move on to the resistance line, as you can see the first resistance is at $3,023, if you manage to break it, the next resistance will be at $3,438, then at $3,727 and then at $4,105. Looking at the RSI indicator, you can see that we are approaching support, which may result in another attempt to rebound the price, and the STOCH indicator shows that there is still some room left to go down before it increases again.
by cryptodailyuk