FTM/USDT LONGThe situation is very similar to TAO, and currently to a large number of alts. Reflection from the bottom line of the ascending channel. The breakout of orange can be considered a bullish signal. Phantom has been showing relatively strong strength in recent weeks, currently on a correction of approximately 20%, this may be a good buying opportunity provided that the BTC price does not fall.
Trendbasedfib
ETH/USDT 4HInterval ChartHello everyone, let's look at the 4H ETH to USDT chart, as we can see, the price cannot break through the uptrend line, remaining in the downtrend.
Let's start by setting goals for the near future that we can include:
T1 = $3,705
T2 = $4098
and
T3 = $4734
Now let's move on to the stop loss in case of further market declines:
SL1 = $3,354
SL2 = $2,902
AND
SL3 = $2,581
Looking at the RSI and STOCH indicators, we can see an attempt at a deeper recovery, just as the BTC price is currently recovering.
BNB/USDT 4HInterval Chart ReviewHello everyone, let's look at the 4H BNB to USDT chart, as we can see that the price is staying above the local downtrend line, but at the border of the uptrend line.
Let's start by setting goals for the near future that we can include:
T1 = $589
Next, there is a strong resistance zone from $613 to $646.
After going up, we may see a price increase towards $739.
Now let's move on to the stop loss in case of further market declines:
SL1 = $542
SL2 = $506
SL3 = $468 to $417 zone
AND
SL4 = $417
Looking at the RSI indicator, you can see that it remains below the downtrend line and indicates a transition into a downtrend. However, the STOCH indicator is approaching the lower limit, but there is still room for a greater decline.
Will BTC maintain its price in the previous ATH zone?Hello everyone, I invite you to review the situation on BTC. As you can see, the price is struggling to maintain the level above the previous ATH, you should observe the behavior and be vigilant because just above a specific zone there is a very strong resistance level where the price should reach according to cyclicality.
The RSI indicator and the STOCH indicator show that we are maintaining the movement above the upper limit, which could potentially result in a recovery that would provide a healthy correction and gather energy for new increases.
BTC/USDT 1HInterval Chart ReviewHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As we can see, the price has broken lower from the local upward trend line.
Let's start by determining the support and, as you can see, first we have a visible support zone from $69,984 to $69,553, and then there is support at the level of $68,307.
Looking the other way, we see the price rising above the first resistance level at $70,147, the next one is at $70,678, and then it is worth marking the resistance zone from $71,067 to $71,561.
Looking at the volume indicator, you can see two green candles, but they are much weaker than the previous red candles, indicating a local downward trend. On the RSI indicator, we have approached the middle of the range, which still leaves room for a price decline.
Will BTC break through the first resistance zone?Hello everyone, let's take a look at the BTC to USDT chart on a 1 hour time frame. As you can see, the price has moved above the downward trend line.
Let's start by determining support and as you can see, the first support in the near future is $68,540, in case of breaking the support, the next support is $67,089, and then it is worth defining the support zone from $64,856 to $64,576.
Looking the other way, we can see how the price is fighting against the strong resistance zone from $69,660 to $71,064, and when it breaks above it, we can see another attack towards the ATH to the zone from $73,638 to $74,323.
Looking at the RSI indicator, we can see how it goes beyond the upper limit in the one-hour interval, which may result in a deceleration of growth, also when we look at the STOCH indicator, we will see an exit from the upper limit, which may also cause a change in direction.
BNB?USDT 1HInterval Chart ReviewHello everyone, let's take a look at the 1H BNB to USDT chart, as we can see the zena is staying above the upward trend line, and locally we can see an upside exit from the triangle.
Let's start by setting goals for the near future that we can include:
T1 = $570.8
T2 = $592.50
T3 = $608.4
AND
T4 = $627.6
Now let's move on to the stop-loss in case of further market declines:
SL1 = $547.1
SL2 = $535.3
SL3 = $514.6
AND
SL4 = $482.4
Looking at the RSI indicator, it can be seen that it has returned to the upward trend, with room for a possible continuation of growth. However, on the STOCH indicator we can see that it is approaching the upper limit, but it also has some room before recovery.
ETH/USDT 1HInterval Chart ReviewHello everyone, let's look at the 1H ETH to USDT chart, as we can see the price is approaching an attempt to break out of the triangle marked in yellow.
Let's start by setting goals for the near future that we can include:
T1 = $3,452
T2 = $3,576
T3 = $3,665
AND
T4 = $3777
Now let's move on to the stop loss in case of further market declines:
SL1 = $3,307
SL2 = $3227
SL3 = $3097
AND
SL3 = $3097
Looking at the RSI indicator, we can see that it remains in an upward trend, while when we look at the STOCH indicator, it looks like a return to price correction is possible.
BTC in the support zone againHello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As we can see, the price has created a downward trend channel, from which it tried to get out at the top, but currently it is returning to the channel.
The return to the falling channel also brought a return to the strong support zone from $64,643 to $62,206, further support is visible at $59,042, but if the supports are broken, we can see a dynamic downward movement towards the zone from $53,034 to $49,936 .
Looking the other way, when the current zone maintains the price and we go above the channel again, we can see an increase to the resistance at $68,853, and then the price may again attack the previously created ATH at $73,816.
BTC/USDT 1HInterval ChartHello everyone, let's take a look at the 1H BTC to USDT chart as we can see that the price is staying on the local uptrend line, also at the first support.
Let's start by setting goals for the near future that we can include:
T1 = $67,834
T2 = $69,089
T3 = $70,367
AND
T4 = $72,328
Now let's move on to the stop-loss in case of further market declines:
SL1 = $65,094
SL2 = $63,101
SL3 = $61,813
AND
SL4 = $60,039
Looking at the RSI indicator, there is still room for a continuation of the rebound, while the STOCH indicator is rebounding from the lower limit, but one should be careful whether this rebound will not be followed by another decline, looking at the predominance of the falling volume.
BTC ShortOn BTC, you can see the formation of the ABC formation, which would indicate a continuation of the correction to deeper levels.
We can see green candles appearing on the volume, but they are weaker than the red downward ones.
The RSI shows a continuation of the downward movement with room for a greater price recovery.
BTC/USDT 4H Interval Chart ReviewHello everyone, let's look at the 4H BTC 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 = $65,158 - $65,877
T2 = $66,861
AND
T3 = $68975
Now let's move on to the stop-loss in case of further market declines:
SL1 = $62,880 - $61,808
SL2 = $59031
The volume shows a predominance of green candles, but they are weaker than the previous downward ones. We remain in a downward trend on the RSI, adding the STOCH indicator which is quite low, we can see an attempt to increase the price before another recovery.
BTC/USDT 30MInterval Chart Hello everyone, let's take a look at the 30M BTC to USDT chart as we can see that the price has attempted to break out of the downtrend line with the upper hand.
Let's start by setting goals for the near future that we can include:
TP1 = $68246
TP2 = $69,303
AND
TP3 = $70968
Now let's move on to the stop-loss in case of further market declines:
SL1 = $66,644
SL2 = $65,198 to $64,178
AND
SL3 = $62,860
Looking at the RSI indicator, you can see that it is bouncing off the local downward trend line, which may continue to decline, while the STOCH indicator gives small increases, ending with a decline.
BTC/USDT 1HInterval ChartHello everyone, let's look at the 1H BTC to USDT chart, because we can see how the price has left the local downtrend channel, and it is important that it maintains the current level to continue to grow.
Let's start by setting goals for the near future that we can take into account, first the important resistance zone from $68,550 to $69,629, and then the target around $72,843 should be taken into account.
Now let's move on to the stop-loss in case of further market declines:
SL1 = $66,326
SL2 = $63,841 - $62,525
AND
SL3 = $58,717
Looking at the RSI indicator, we can see a return to the upper part of the range with room for potential growth, but on the STOCH indicator we are moving above the upper limit, which may affect the attempt to recover.
BTC/USDT 1H Support and ResistanceHello everyone, let's look at the 1H CRO to USDT chart, we can see how an upward trend channel has currently formed, in which the price remains at the lower limit.
Let's start by setting goals for the near future that we can include:
T1 = $71,290
T2 = $74,725
T3 = $77,303
AND
T4 = $80,413
Now let's move on to the stop-loss in case of further market declines:
SL1 = $67,683
SL2 = $65,980
SL3 = $63,858
AND
SL4 = $57,699
When we look at the RSi indicator and the STOCH indicator, we see a potential room for growth, but both indicators are approaching a local downward trend, which may result in declines again.
Will BTC maintain the level around $70,000Hello everyone, let's take a look at the BTC to USDT chart taking into account the long term. We will start by defining the main upward trend of the current bull market with the white line, while using the yellow line it is worth defining the second upward trend.
Let's now move on to determining support, for this purpose we will use the Fib Retracement and Trend Based Fib Extension tools. Thanks to these two tools, we can determine two very strong support zones, the first one from $53,819 to $51,094, and the second one from $41,029 to $37,662. These are the zones to which the price may retreat in the event of a possible correction. As you can see, the first zone is located at the 2nd upward trend line, while the second zone is close to the main upward trend.
Looking the other way, we can similarly determine resistance areas and here, after exceeding the ATH from the previous bull market around $70,000, it is important whether the price will maintain this level or whether we will see a stronger recovery, which, as we know, appeared in previous bull markets. In the event of further increases, the first price wall will appear around $81,000, while we still have a very strong psychological level around $100,000.
When we look at the RSI and STOCH indicators, we will see a strong break above the upper limit, which may lead to a price recovery. However, as we know, the current bull market is unique, considering how much the entry of the ETF on BTC has changed the appearance of the bull market compared to previous years.
ETC/USDT 1H Targets and Stop-lossHello everyone, let's look at the 1H ETC to USDT chart, we can see the movement inside the side triangle marked with blue lines.
Let's start by setting goals for the near future that we can include:
T1 = $36.81
T2 = $38.14
AND
T3 = $40.33
Now let's move on to the stop-loss in case of further market declines:
SL1 = $35.78
SL2 = $34.60
AND
SL3 = $32.69
Looking at the STOCh indicator, you can see how there is room for a potential upward move, while the RSI indicator shows a move in the lower part and room for the resistance line for an upward move.
BTC/USDT 1H Targets and Stop-lossHello everyone, let's look at the 1H BTC to USDT chart, as we can see, the price remains on the local upward trend line, breaking it may result in a greater recovery.
Let's start by setting goals for the near future, which include:
T1 = $73,206
AND
T2 = $76955
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $71,350
SL2 = $70,435
SL3 = $69,812
AND
SL4 = $68993
Looking at the RSI indicator, we see that we have approached the trend line again and there is plenty of room for a rebound. However, the STOCH indicator also indicates a transition into recovery with room for a larger correction.
BNB/USDT 4HInterval Support and ResistanceHello everyone, let's look at the 4H BNB to USDT chart as we can see that the price has broken out of the local uptrend line.
Let's start by setting goals for the near future that we can include:
T1 = $575
T2 = $618
T3 = $649
AND
T4 = $689
Now let's move on to the stop-loss in case of further market declines:
SL1 = $512
SL2 = $484 - $469
AND
SL3 = $425
Looking at the RSI indicator, we can see that we have again approached the downward trend line and there is still a lot of room for recovery, while the STOCH indicator, despite the current rebound, also has a lot of room for recovery.
BTC/USDT 1H Targets and Stop-lossHello everyone, let's look at the 1H BTC 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 = $69,694
T2 = $69,974
AND
T3 = $70,333
Now let's move on to the stop-loss in case of further market declines:
SL1 = $69,278
SL2 = $69,014
AND
SL3 = $68,554
Looking at the RSI indicator and the STOCH indicator, it is clear that there is still room for a continuation of the recovery.
Will the launchpad on Binance increase the BNB price more?Hello everyone, let's take a look at the BNB to USDT chart taking into account the time frame of one day. As we can see, the price came out on top, from the main downward trend.
Currently, we can see how the price is struggling with strong resistance at the golden point of 0.618fib, but further it is worth defining a very important resistance zone from $565 to $668. ONLY when the price breaks above this zone and tests it positively, we will be able to see a move towards $965.
In a situation when the resistance level cuts off the current increase, which is strongly supported by the launchpad, and the price starts to reverse, there is significant support at $373, then a strong level is $300, and then around $248.
On the RSI indicator we can see that a support line has formed, but there is still plenty of room for recovery, while on the STOCH indicator we are again above the upper limit, which may also lead to a price correction.
BTC Sets new ATH, correction possibleHello everyone, let's look at the 1H BTC to USDT chart, as you can see we had a strong breakout from the triangle, which gave a new ATH level for BTC.
When the resistance level from the previous ATH was broken and the price established a new ATH at $70,360, if this level was maintained and the resistance was positively tested, it could give an upward impulse to around $75,686.
When a larger recovery begins, we have three significant support levels, the first one is at $66,036, then the second one is visible at $63,369, and then the very important level is $59,098.
If we look at the RSI and STOCH indicators, there is still room for a possible continuation of the recovery.
ETH/USDT 1HInterval ChartHello everyone, let's look at the 1H ETH to USDT chart as you can see that the price has returned above the uptrend lines.
Let's start by setting goals for the near future that we can include:
T1 = $3,996
and
T2 = $4,161
Now let's move on to the stop-loss in case the market reverses its trend:
SL1 = $3,699
SL2 = $3,554
SL3 = $3,316
Looking at the RSI indicator, you can see how the movement is approaching the support line again, which may result in another price increase, but here you should pay attention to the STOCH indicator which remains near the upper limit, which may result in the need for a price recovery.