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Trendbasedfib

BTC rebounded in the support zoneHello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As we can see, the price remains in the newly created channel, in which we can see how the lower border of the channel coincided with a strong support zone from $62,581 to $59,738, thanks to which the price stayed and did not return to the area of $51,600. Currently, we can see a break above the first resistance line at the level of $64,290, at which we are fighting to maintain, but further significant resistance may appear at the price of $67,259, and then a resistance zone from $71,753 to $73,812 is visible only when the price breaks through above. this zone will be able to move towards $80,000. However, if we pay attention to the RSI and STOCH indicators, we will see that the RSI indicator still has room for the price to continue its upward movement, but the STOCH indicator is entering the upper limit of the range, which may affect the upcoming slowdown of the upward movement, or even give another attempt to recover.
by cryptodailyuk
LTC/USDT 1DInterval ChartHello everyone, let's take a look at the LTC to USDT chart on a one-day time frame. As you can see, the price had a dynamic decline and a temporary descent below the upward trend line, but has now returned to the trend line level. Let's start by determining the support line and as you can see, the price dropped and quickly returned to support around the level of $77.74, then there is an important support level at $68, and then a very strong support level at $56. Looking the other way, you can see how strong the resistance level is again at $92.5, which may stop the price from rising again to the resistance zone from $102.5 to $115. Looking at the RSI indicator, we can see how we remain in a downward trend and the confirmation of a return to the downward trend, while the STOCH indicator bounced off the lower end of the range with room to give a greater increase in the current price rebound.
by cryptodailyuk
ETH 1D LONGI invite you to review ETH on a one-day interval. Let's start with the current rebound, as you can see the price has dropped to the first buying zone, and when BTC stays above the $60,000 level, we may see prices rebound in the coming weeks. Next, we have a defined purchasing level 2, and then another very strong zone for price fairization, but I do not expect such large drops. The green color shows the ranges of levels that I expect in the next months of the bull market.
Long
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How far can the price of BTC go ?The chart shows the levels to which the BTC price may drop in the coming days/weeks. Currently, we can see that the price is based on the support at the 0.382fib level at the price of $60,000. I further identified a strong support zone from $55,000 to $52,000, which is between 0.382fib and 0.618fib, taking into account two fib retracement grids and trend-based fib extension. The third place is the second very strong zone from $43,487 to $38,591, located between the 0.618fib and 1fib levels of the previously mentioned fib grids. When we look at the RSI indicator, we will see a break at the bottom from the trend line, under which there is room to continue the downward trend. However, the STOCH indicator shows a descent below the lower limit, which previously resulted in a change of movement path, which in this case may return the price to the upward trend. Currently, the correction level reaches 18%, which is a relatively small decrease compared to the earlier stages of the growth market. However, here I do not expect a descent below the first support zone, at which the correction would be around 30%.
Short
by cryptodailyuk
BNB/USDT 4HInterval ChartHello everyone, let's look at the 4H BNB to USDT chart, as we can see the price is approaching the lower border of the horizontal trend channel, which is located in the support zone from $517 to $486, while a break from the bottom of the channel and a drop below this zone can give a strong downward movement towards the support level of $396. Looking the other way, if the declines were stopped, the price has several significant resistance levels. And here you can see the first resistance at $558, then the second one at $592, the third one at the last peak at $645, and then you can see the way towards $732. Looking at the RSI indicator, there is still room for a greater recovery, while the STOCH indicator indicates that the lower limit has been exceeded and confirms the current price rebound.
by cryptodailyuk
ETH is in a loss phase againHello everyone, let's look at the 4H ETH to USDT chart, you can see how the price is moving in a downtrend channel, from which exiting at the bottom could result in a strong downward movement in the height of the channel itself. Let's start by setting goals for the near future that we can include: T1 = $3,327 T2 = $3,622 T3 = $4,104 AND T4 = $4863 LONG TERM Now let's move on to the stop-loss in case of further market declines: SL1 = $2,903 SL2 = $2580 SL3 = $2166 AND SL3 = $2166 Looking at the RSI and STOCH indicators, we can see that there is still room to continue the current recovery.
by cryptodailyuk
ETC at the first support zoneHello everyone, let's look at the 4H ETC to USDT chart, as we can see, the price is staying in an uptrend channel, from which the attempt to break out from the bottom has been temporarily stopped. Let's start by setting goals for the near future that we can include: T1 = $33 T2 = $40 AND T3 = $50 Now let's move on to the stop-loss in case of further market declines: SL1 = $24 - $22.8 SL2 = $20 AND SL3 = $15 - $13.50 Looking at the RSI indicators and the STOCH indicator, even though we are already quite low, which could indicate an upcoming rebound, we should be careful how BTC itself, which is followed by the entire market, will behave.
by cryptodailyuk
DOT in the first strong support zoneDOT includes a strong correction in the USDT pair, the current level reaches 43% and indicates a return to the first entry zone into a potential LONG, further a second zone has been defined for price averaging. However, looking at the behavior of BTC, which may potentially make another attempt to reduce the price, one should exercise caution and common sense when opening new positions, because a return of the BTC price by another dozen or so percent may result in very strong declines in the price of altcoins.
Long
by cryptodailyuk
ETH/USDT 4HInterval Chart ReviewHello everyone, let's take a look at the ETH to USDT chart on a 4-hour time frame. As we can see, the price broke out of the downtrend line, but after reaching the level of $3,701 at the golden fib point, we saw a quick recovery and the price is currently bouncing off the trend line. Let's start by determining the support line and as you can see, the price currently holds support at $3,472, if the support is broken, the next support is $3,313, then we have support at $3,199, and then a very strong support at $3,054. Now let's move on from the resistance line, as you can see, the level of $3,701 is again a strong resistance, when you manage to break out of it, the next resistance is around $3,870, and then at the level of $4,092. Looking at the RSI indicator, we can see that a downward trend line has formed, which may indicate that the price will go even lower. Additionally, when we look at the STOCH indicator, we can also see room for another attempt at recovery.
by cryptodailyuk
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BNB/USDT Targets and Stoploss 4HIntervalHello everyone, let's look at the 4H BNB to USDT chart as we can see that the price is back above the downtrend line. Let's start by setting goals for the near future that we can include: T1 = $615.7 T2 = $636.9 AND T3 = $663 Now let's move on to the stop-loss in case of further market declines: SL1 = $579.8 SL2 = $560.4 SL3 = $547.1 AND SL4 = $529 Looking at the RSI indicator, because there is an upward trend with room for further movement, while on the STOCH indicator we are approaching the upper limit, which affects the visible rebound movement.
by cryptodailyuk
WIFUSDT 4HInterval Chart ReviewHello everyone, let's take a look at the 4H WIF to USDT chart as we can see that the price is recovering but still above the uptrend line. Let's start by setting goals for the near future that we can include: T1 = $4.17 T2 = $4.83 AND T3 = $5.91 Now let's move on to the stop-loss in case of further market declines: SL1 = $3.66 SL2 = $3.23 SL3 = $2.55 AND SL3 = $2.55 Looking at the RSI indicator, you can see that the local upward trend line has been broken with room for further recovery. However, the STOCH indicator also confirms a strong downward movement and there is also room for the price to go lower, which indicates extreme caution.
by cryptodailyuk
ADA/USDT 4hInterval Chart ReviewHello everyone, let's take a look at the 4H ADA to USDT chart as we can see that the price has broken out of the pattern trendline and is struggling to stay just below it. Let's start by setting goals for the near future that we can include: T1 = $0.69 T2 = $0.78 AND T3 = $0.93 Now let's move on to the stop-loss in case of further market declines: SL1 = $0.57 SL2 = $0.52 AND SL3 = $0.43 Looking at the RSI indicator, it looks like an upward break from the local downward trend line, while the STOCH indicator has room for further decline, which creates more and more room for a potential rebound.
by cryptodailyuk
MATIC - will there be further increases?Altcoins with small capitalization (young/new) have already made huge increases in the bull market, and what about altcoins with larger capitalization? The boom doesn't apply to them? I present to you possible growth scenarios with potential key places for continued growth. The first scenario assumes increases after repeating the 1:1 black correction, i.e. wave 2 as wave 4. The condition is that the price will rise above 1.54usdt. The second scenario is a flat ABC correction, where the condition is that the price increases to the red zone without breaking the top of wave 1 and falls to the green zone as wave C, ending the correction, after which I assume increases. Regards.
MLong
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BNB/USDT 4HInterval Chart ReviewHello everyone, let's look at the 4H BNB to USDT chart as we can see that the price is moving below the local uptrend line. Let's start by setting goals for the near future that we can include: T1 = $586 at which the price is struggling to maintain T2 = $615 T3 = $636 AND T4 = $663 Now let's move on to the stop-loss in case of further market declines: SL1 = $563 SL2 = $527 AND SL3 = $503 Looking at the RSI indicator, it indicates a potential change in direction, but with room to make another upward move. However, on the STOCH indicator we are moving above the upper limit, which causes the growth to slow down and a possible recovery.
by cryptodailyuk
DOT/USDT 1DInterval Chart ReviewHello everyone, let's look at the 1D DOT 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 = $9.67 T2 = $10.53 T3 = $11.89 AND T4 = $12.86 Now let's move on to the stop-loss in case of further market declines: SL1 = $8.22 SL2 = $7.23 AND SL3 = $5.97 Looking at the RSI indicator, you can see a movement below the downtrend line, but it is worth noting that it is at support. However, the STOCH indicator shows a movement at the lower limit, below the downward trend line, which may result in maintaining the price.
by cryptodailyuk
BTC/USDT 4HInterval CHart ReviewHello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As we can see, the price is struggling on the border of the uptrend line. Let's start by determining the support line and as you can see, the first support in the near future is $63,722, if the support is broken, the next support is $58,762, and then you can see strong support around the level of $50,603. Looking the other way, you can see how the price bounced off the resistance at $71,358, another significant resistance should appear from the last ATH to around $76,000, and then the third resistance is at $82,387. Looking at the RSI indicator, we can see that we are moving below the downward trend line and are currently bouncing off the support point, while the STOCH indicator still shows room for a potential downward move.
by cryptodailyuk
ETH/USDTHello everyone, let's look at the 1H ETH to USDT chart as we can see that the price is moving below the local uptrend line. Let's start by setting goals for the near future that we can include: T1 = $3,454 T2 = $3,603 T3 = $3,710 AND T4 = $3,845 Now let's move on to the stop loss in case of further market declines: SL1 = $3,189 SL2 = $3061 AND SL3 = $2,884 Looking at the RSI indicator, you can see how we remain low below the downward trend line, while the Stoch indicator approached its trend line, which may trigger a rebound again, it is worth watching whether the downward trend will be broken.
by cryptodailyuk
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 came out of the local upward trend line. Let's start by determining the support line and as you can see, the first support in the near future is $64,988, when the price comes out the bottom, the next one is at $63,198 and then at $60,780. Looking further, we can see two important support zones from $59,393 to $57,736 and the other from $55,543 to $53,976. Looking the other way, you can see resistance at the level of $68,928 and another one at $71,390, then the resistance zone from $73,225 to $75,642 is important, where the recently formed price peak is located, only when the price leaves it the top can move towards the resistance at level of $82,402. Looking at the RSI indicator, you can see the moment of breaking from the support line, while the STOCH indicator can be seen falling below the lower limit, which confirms the current decline.
by cryptodailyuk
PIXEL/USDT 4HInterval Potential LONGPixel is one of the stocks that have already responded correctly to the bullish analysis and once again presents a UP pattern. At the moment, I have marked the demand zones as yellow CII and CII. An additional advantage is that both zones result from different impulse correction structures and yet they converge in a similar space for a price around USD 0.65-0.75. At the same time, falling below USD 0.60 would negate both growth scenarios. Moreover, the maintenance of the BTC upward trend and the duration of the entire altseason strengthen the analysis.
Long
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LTC/USDT 8HInterval Chart ReviewHello everyone, let's look at the LTC to USDT chart taking into account the 8H time frame. As we can see, the price is moving above the local upward trend line. Going further, you can see the price fighting in a strong resistance zone from $102.33 to $115.12, when we break out of this zone, we can see an increase to the resistance level of $131.40. Looking the other way, you can see the first support at the level of $91.29, the next strong support is at the level of 77.73, and then it is worth defining the zone from $68.23 to $56, which previously held the price. Looking at the RSI indicator, we see that it is moving towards the upper limit, with room to make another upward move, but at this point it is worth being cautious before a potential rebound. However, the STOCH indicator bounces from the upper limit and subsequent raises result in a higher price movement.
by cryptodailyuk
BTC/USDT 8H Chart ReviewHello everyone, let's look at the 8H BTC to USDT chart, as we can see, the price has emerged from the triangle at the top and is currently moving along the established upward trend line. Let's start by setting goals for the near future that we can include: T1 = $71,112 T2 = $73,880 AND T3 = $77,415 Now let's move on to the stop-loss in case of further market declines: SL1 = $69085 SL2 = $67,523 SL3 = $64,892 AND SL4 = $63,056 Looking at the RSI indicator, it seems that the local upward trend has been broken, which indicates a transition to a downward trend, while on the STOCH indicator we are in recovery, but here a slight price movement brought the indicator to the middle of the range, which may later translate into a greater price rebound.
by cryptodailyuk