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.
Trendbasedfib
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.
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.
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.
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.
BTC/USDT 1HInterval Chart ReviewHello everyone, let's look at the 1H BTC to USDT chart, as we can see the price is moving in an upward trend channel, defined by white lines.
Let's start by setting goals for the near future that we can include:
T1 = $67,339
T2 = $68,015
T3 = $68,493
AND
T4 = $69,168
Now let's move on to the stop loss in case of further market declines:
SL1 = $66,722
SL2 = $66,186
SL3 = $65,836
SL4 = $65,370
AND
SL4 = $65,370
Looking at the RSI indicator, we can see a movement towards the middle of the range, which still leaves room for a price increase, and when we look at the STOCH indicator, we can also see room for an upward movement.
BNB 4HInterval Chart ReviewHello everyone, let's look at the 4H BNB to USDT chart, in this situation we can see how the price is moving in a sideways trend channel, staying below the local downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = USD 579.2 at which the price struggles
T2 = $605.9
T3 = $623.6
AND
T4 = $648.3
Now let's move on to the stop-loss in case of further market declines:
SL1 = $570.1
SL2 = $539.4
SL3 = $518.2
AND
SL4 = $491.50
ATOM/USDT 4HInterval Chart ReviewI invite you to review the chart of ATOM in pair to USDT, on a four-hour interval. Let's start by identifying the upward trend channel in which the price is approaching the lower border using the blue lines.
After unfolding the trend based fib extension net and using the fib retracement net, we can determine the support at the level of $8.28, then support is visible at the price of $7.91, and then we have a strong support zone from $7.72 - $7.24 $.
Looking the other way, you can see the first resistance at $9.19, then significant resistance at the upper border of the channel at $9.63, the next resistance at $9.93 and the next resistance at $10.35.
When we look at the RSi and STOCH indicators, we will see a move below the downtrend line, now we need to wait for the move to break above this line.
Will Solana stay on current support?Hello everyone, let's look at the 4H SOL to USDT chart, as we can see the price is staying in the sideways trend channel marked with blue lines.
Let's start by setting goals for the near future that we can include:
T1 = $145.9 was rejected
T2 = strong zone that effectively reverses the price from $153-$163
AND
T3 = $189
Now let's move on to the stop loss in case of further market declines:
SL1 = $143.4
SL2 = $133.56
SL3 = $126.48
AND
SL4 = $117.53
Looking at the RSI indicator, you can see that we are moving around the middle of the range, which gives a possible move in both directions, but the STOCH indicator is moving at the lower border, which should result in an upward price rebound if the price stays at the current support.
LINK/USDT 4H ChartHello everyone, let's take a look at the LINK 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 by determining support and, as you can see, first we have a support zone from $13.77 to $12.90, then we have visible support at $12.34 and then the third support at $11.55.
Now let's move on to the resistance lines, as you can see the first resistance is at $13.98, if you manage to break it, the next resistance will be at $15.02, $15.71 and the fourth resistance at $16.67.
The RSI indicator and the STOCH indicator are approaching the lower limit, which may slow down the current correction, which will keep the price in the support zone.
MATIC/USDT 4H Chart ReviewHello everyone, let's look at the 4H MATIC to USDT chart as we can see that the price is staying on a lopsided uptrend line.
Let's start by setting goals for the near future that we can include:
T1 = $0.73
T2 = $0.76
T3 = $0.79
AND
T4 = $0.82
Now let's move on to the stop-loss in case of further market declines:
SL1 = $0.67
SL2 = $0.64
AND
SL3 = $0.56
When we look at the RSI and STOCH indicators, we can see that the indicators are low and we additionally rely on the trend line, which may affect the price maintenance.
Will BNB maintain current resistance?Hello everyone, let's look at the 4H BNB to USDT chart, in this situation we can see how the price is moving in a sideways trend channel, staying below the local downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = USD 579.2 at which the price struggles
T2 = $605.9
T3 = $623.6
AND
T4 = $648.3
Now let's move on to the stop-loss in case of further market declines:
SL1 = $570.1
SL2 = $539.4
SL3 = $518.2
AND
SL4 = $491.50
Looking at the RSI indicator, we can see that there is still room for price movement down, but when we look at the STOCH indicator, we can see that it has returned to the lower border of the channel, which may slow down the price decline.
Will BTC break through the resistance?Hello everyone, let's look at the 1D BTC to USDT chart, as we can see the price is moving in a downtrend channel, where we are currently close to the middle of the channel where the price has encountered strong resistance.
Let's start by setting goals for the near future, which include:
T1 = $64,088
T2 = $66,151
T3 = $69,473
T4 = $72,895
AND
T5 = USD 76,015
Now let's move on to the stop loss in case of further market declines:
SL1 = $58,351
SL2 = $54,678
SL3 = $51,709
AND
SL4 = $48,237
The RSI indicator shows an upside from the first downward trend line, and there is still some space left to the second line, while the STOCH indicator remains near the middle of the range, also above the downward trend line, which may push the price higher.
BTC/USDT 4HInterval CHART ReviewHello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price rebounded from the lower border of the downtrend channel.
Let's start by determining the support line and as you can see, the first support in the near future is $57,035, which kept the price from a major correction, if the support is broken, the next support is $54,139.
Now let's move on to the resistance line, as you can see the first resistance is $59,506 which we are currently fighting, if you manage to break it, the next resistance will be at $61,380, the third at $62,658 and the fourth at $64,334.
Looking at the RSI indicator, there is a rebound, but there is still room for the price to go higher, while the STOCH indicator is also near the middle of the range, which potentially gives room for the price to go up even further.
BTC is dragging down, what's next for ETHHello everyone, let's look at the 4H ETH to USDT chart as we can see that the price is moving in a downtrend channel where we could see a bottom breakout from the local uptrend channel.
And here the decline itself after leaving the rising channel, reached the 0.318FIB level at the price of $3020, which has just been broken, then there is strong support around $2805, then $2657, and then right at the lower border of the downtrend channel the support level of $2475 .
Looking the other way, when the price starts to change the direction of movement, resistance is visible at the level of $3160, then the levels of $3270, $3356, $3468 are important, which is already above the upper limit of the downward trend channel, thanks to which the price will be able to increase to the area $3,770.
Looking at the RSI indicator, you can see how energy is being collected and here we are approaching the lower limit, which can affect the trend and reverse it, also the STOCH indicator shows how the energy in the downward movement is exhausted, which may result in maintaining the price or an attempt to change the trend when BTC maintains the price .
Is LINK getting ready for an upward move?Hello everyone, let's look at the 4H LINK to USDT chart, because you can see how the price is moving in the local downtrend channel, and what's more, you can see a break from the bottom of the uptrend line.
Let's start by setting goals for the near future that we can include:
T1 = $15
T2 = $15.80
T3 = $16.33
AND
T4 = $17.05
Now let's move on to the stop loss in case of further market declines:
SL1 = $13.79
SL2 = $13.17
SL3 = $12.41
AND
SL4 = $11.78
The RSI indicator shows that we are bouncing off the local downward trend line, which causes the price to rebound again, while the STOCH indicator is constantly moving at the lower border, which may lead to an attempt to rebound the price and exit the channel at the top.
BNB/USDT 4HInterval Chart ReviewHello everyone, I invite you to a quick review of the BNB to USDT pair chart, taking into account the four-hour interval. As we can see, the price has broken down from the upward trend line, and now we can see that a local downward trend channel has formed.
Please note how the price remained in the support zone from $589 to $576, if this support was broken, the support level is still visible at $556 and then around $523.
Looking the other way, there is a significant resistance zone from $601 to $606, then the price must go up through the resistance at $621, which will open the way towards $645.
When we look at the RSI indicator, we will see a movement in the side trend channel, where we have bounced off the lower border, while the STOCH indicator indicates a potential upward movement, the beginning of which is visible on the chart.
SOLUSDT 1HInterval ChartHello everyone, let's look at the 1H SOL to USDT chart, as we can see the price has entered a sideways movement and is breaking sideways from the local downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = $154
T2 = $162
T3 = $168
AND
T4 = $175
Now let's move on to the stop-loss in case of further market declines:
SL1 = $142
SL2 = $137
SL3 = $130
AND
SL4 = $112 - $105
When we look at the RSI indicator, we will see that we are bouncing off the downward trend line, but we can see that the lateral price movement results in an increase in the indicator, which may again translate into an attempt to drop the price.
BTC/USDT 4HInterval Chart ReviewHello everyone, let's look at the 4H BNB to USDT chart, as we can see the price has been moving in a sideways trend channel for a long time and currently we can see the price moving near the upper border of the channel, which is staying just above the local uptrend line.
Let's start by setting goals for the near future that we can include:
T1 = $594 - $611
T2 = $635
AND
T3 = $662
Now let's move on to the stop loss in case of further market declines:
SL1 = $570
SL2 = $542
SL3 = $519
AND
SL4 = $492
When we look at the RSI indicator and the STOCH indicator, we will see that there is still room for a continuation of the current downward movement.
LINK/USDT 4hInterval CHARTHello everyone, let's look at the 4H LINK to USDT chart as we can see that the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = $15.22 - $16.25
T2 = $17.33
T3 = $18.81
AND
T4 = $20.72
Now let's move on to the stop-loss in case of further market declines:
SL1 = $14.46
SL2 = $13.45
AND
SL3 = $12.74 - $11.82
Looking at the RSI indicator, we can see that small price movements returned the indicator to the lower part of the range, while the STOCH indicator returned to the lower limit, which may affect the current stop of the correction.
BTC/USDT 4H Will the correction stop?Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price remains in a downtrend channel, in the middle of the range.
As we can see, from the drop to the level of around $60,000, the price rebounded to the level of 0.618FIB, at which we can see the current recovery, and the previously mentioned level of $66,987 is again the first significant resistance. Next, the price must overcome the resistance at $69,049, and then it faces an important zone that successfully maintained further upward movement.
Looking at the ongoing recovery, you can see that the price is retreating and currently the first important support is at the level of $62,280, then the important level is $59,208, and then around $57,000 and $54,000.
Looking at the RSI indicator, you can see that it is based on the local upward trend line, which may stop the current recovery, but the STOCH indicator shows a descent to the lower border, which can also help stop the current downward movement.
LINK/USDT 4HInterval ChartHello everyone, let's look at the 4H LINK to USDT chart as we can see that the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = $16.14
T2 = $17.38
T3 = $18.75
T4 = $20.54
AND
T5 = $22.88
Now let's move on to the stop-loss in case of further market declines:
SL1 = $14.39
SL2 = $13.34
SL3 = $11.79
AND
SL4 = $9.16
Looking at the RSI indicator, it can be seen that it began to turn around before the upper limit, while the STOCH indicator, despite a slight price recovery, returned to the lower part of the range, which creates room for a new increase.