cryptodailyuk

cryptodailyuk

Hello 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...

cryptodailyuk

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...

cryptodailyuk

Hello 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...

cryptodailyuk

We are approaching exit from the triangle after 6 years of accumulation. The chart shows the potential levels expected in the next few to several months, assuming that no black swan occurs along the way, such as COVID, which will dynamically withdraw capital from the markets. The RSI shows how the lower level has been defended, and in the current accumulation...

cryptodailyuk

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...

cryptodailyuk

Hello 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...

cryptodailyuk

Hello 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 =...

cryptodailyuk

Hello 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...

cryptodailyuk

On the chart of DOT in pair with USDT, we can observe a second correction close to around 30%, what is more, we can see here how the price is approaching a strong upward trend line. This would indicate green zone number 1 as a potential entry into long positions, while the next zone marked in green may be the second purchasing zone to increase the position and...

cryptodailyuk

Hello 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 =...

cryptodailyuk

Hello everyone, I invite you to review the chart of BNB in pair with USDT, on a four-hour time frame. As we can see, the price is moving in a downward trend channel, while a sideways trend channel is visible locally, which previously ended with another price drop. As we can see, the upper part of the sideways trend channel is the beginning of the resistance zone...

cryptodailyuk

On 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.

cryptodailyuk

On ETH, similarly to Bitcoin, a deeper descent is also appropriate, the lower green zone is a potential rebound and the end of the correction. There is also a 30% descent from the local peak. Currently, ETH has dropped by over 20%. However, the third zone would give a decrease of approximately 40%. There is still room for another decline on the RSI, while on the...

cryptodailyuk

Hello 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...

cryptodailyuk

The day before yesterday (March 16) there was a very large unlocking of ARB tokens. Exactly, as many as 1.1 billion ARB tokens appeared on the market, whereas before there were 1.45 billion of them in circulation. On this day, due to such high supply pressure, we broke out of the triangle formation (marked in white) and are currently in my first buying zone from...

cryptodailyuk

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...

cryptodailyuk

Hello 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...

cryptodailyuk

Hello everyone, let's look at the 1Hinterval, ETH to USDT chart as we can see that the price has started to move in the local downtrend channel. Let's start by determining the support for the near future that we can take into account and here you can see how the price remains at the support zone from $3,647 to $3,539, then the level of $3,392 is visible, and...