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1day

Mana trying to flip the inv h&s neckline to supportIf it can succeed in flipping the neckline of this inverse head and shoulder pattern to solidified support, then the breakout target of the pattern should be around 1.28-1.30. It hasn’t validated its breakout yet though so if bitcoin takes a tumble, it could take mana down with it before it gets a chance to validate this pattern. Will likely see it decide which way it will go in the next 2-4 days. *not financial advice*
COINBASE:MANAUSD
by DrDovetail
1
GMT has a price adjustment but has collected a lot of 1D energyHello everyone, let's take a look at the 1D GMT to USDT chart. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is SL1 - $ 3.12, if the support breaks, the next one is SL2 - $ 2.45. It is worth choosing at least one stop loss. Now let's move from the resistance line, as you can see, the first resistance is T1 - $ 3.43, if you can break it, the next resistance will be T2 - $ 3.60 and T3 - $ 3.74 and T4 - $ 3.89. Looking at the CHOP indicator, we can see that on the 1D m interval, we have a lot of energy for the next move, while the MACD indicator shows a downward trend because the blue line is below the red one.
by cryptodailyuk
1
SOL collected a lot of energy in the 1D interval.Hello everyone, let's take a look at the 1D SOL to USDT chart. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 92 if the support is broken, the next $ 78. Now let's move from the resistance line, as you can see the first resistance is $ 106 which price is currently struggling with, if it manages to break it, the next resistance will be $ 113 and $ 119. Looking at the CHOP indicator, we can see that we have a lot of energy in the 1D interval, we can expect more traffic in the coming days.
by cryptodailyuk
STG / USDT right on the support!Hello everyone, let's take a look at the 1D STG to USDT chart. As you can see, the price is moving below the downtrend line. Let's start with the designation of the support line and as you can see the first support that the price is currently based on is $ 1.20, if the support breaks down, the next ones are $ 0.90 and $ 0.43. Now let's move from the resistance line as you can see the first resistance is $ 1.94, if you can break it the next resistance will be $ 2.39 and $ 2.78. Looking at the CHOP indicator, we can see that in the 1D interval most of the energy has been used, but it is worth paying attention to the MACD indicator which shows that we are on the green line, which indicates an upward trend.
by cryptodailyuk
BTC rebound possible after yesterday's correctionHello everyone, let's take a look at the BTC to USDT chart on a 1 day timeframe. As you can see, the price is moving in the uptrend channel marked by the blue lines. Let's start by marking the resistance line, as you can see, the first resistance is $ 41,132, if you can break it, the next resistance will be $ 42,705, another resistance at $ 44,120 and $ 45,379. Now let's move on to the designation of the support line and as you can see the first support where the price is currently at is $ 39,244, if the support breaks down, the next one is $ 38,143 and another one at $ 37,003. Looking at the CHOP indicator, we can see that in the 1-day interval, despite yesterday's correction, we have a lot of energy for a new move. On the other hand, the MACD indicator shows that we are still in an uptrend.
by cryptodailyuk
DOT possible breakout?Hello everyone, let's take a look at the DOT to USDT chart over the 1 day timeframe. As you can see, the price is moving in an uptrend channel marked with blue lines. Let's start by determining the support lines with the Trend-Based Fib Extension tool and as you can see, the first support in the near future is $ 18.09, if the support breaks down, the next ones are $ 17.06 and $ 16.24. Now let's move from the resistance line as the first resistance is $ 19.35, if you can break it the next resistance will be $ 20.77 and $ 21.94 plus $ 23.09. Looking at the CHOP indicator, we can see that in the 1-day range we are starting to gain more and more energy, and the MACD indicator shows that an uptrend has started.
by cryptodailyuk
Current bull patterns to watch This current purple bullflag…of which probability is increasing that it will at least do a breakdown fakeout and send a wick to retest the top trendline of the wedge we just broke out of as new support(in teal). I’m thinking it could occur where the brown trendline intersects the teal one or possibly where the pink one intersects the teal one. The pink and brown trendline are both trendline of two different rising channels we are in in the larger time frame charts each at a slightly different trajectory but more or less overlapping each other. If we confirm the teal trendline as support on any sort of retest then the target for the wedge breakout is 72k. This could take a very long time (weeks to months) or no time at all(days). Wedges seem to hit their targets on their own schedule. As long as we maintain our bullish higher high / higher low pattern on the macro chart it should hit the full target. If we start closing weekly candles below the pink trendline then we will likely form a lower low and confirm the bear market. For now bull market is not yet cancelled. Will leave this idea neutral until it decides what to do with the bottom of the channels and the top trendline of the wedge. Currently 1day 50ma is support. If somehow the 1 day 50ma holds support we could just bust right out of this purple bullflag but its looking more and more likely we could at least temporarily lose 1day 50ma support for a few 1 day candles.
GEMINI:BTCUSD
by DrDovetail
Miners inching closer to triggering this double bottom.Looks like if this triggers it should head to $240. Luna has already reached its double bottom measured move target and the market as a whole has only recently switched from the downtrend correction back to an uptrend s this all increases the probability of this double bottom on mongers both triggering and reaching its measured move target. Of course yas always you should always wait for confirmation of the breakout. I don’t own any modern but couldn’t resist charting this obvious double bottom scenario. *not financial advice*
KRAKEN:XMRUSDLong
by DrDovetail
2
🎯 HISTORICAL EDGE - 01APR22PRO TRADER: Do you see the HISTORICAL EDGE? PRO TRADER: Yesterday was the last trading day of the month. We closed above the 200D Moving Average. NEWBIE:... silence .... PRO TRADER: We also closed for a second day down and we closed in the lower range of the intraday. NEWBIE: And?! PRO TRADER: This has a significant edge for market. We backtested it since 1996!!! And we see an oportunity you can take advantage of. ⬇️ ⬇️ ⬇️ RESULT ⬇️ ⬇️ ⬇️ This setup has occurred 28 times since 1993 ! 💎 The 1 day move has had 85% chance of being bullish 🟢 on the next day ( aka market session on 01APR) The average winner has been 2 times larger than the average loser!!
SP:SPXLong
by TintinTrading
We could correct here and still have formed a very nice cup.I think we can still reach as high as 64150 and possibly a new ATH even, before any sort of correction. However, if we were to start correcting here instead we would still have a very valid very nice looking cup to start forming the handle on. So I’m gonna go ahead and chart a speculative one here for now. There’s always a chance we don’t correct as well and keep continuing up eventually going to high for the cup to be valid anymore. For now though while we are consolidating a bit it seemed worth charting what a potential cup at this price action could look like. If we do indeed correct here this red handle projection is about as deep as I think it will go assuming the 1 day 50ma(in orange) would hold support. The measured move breakout rom a cup at this level would be around 98k just slightly higher than the 97k target the breakout from the 3 week chart bull flag gives us. Gonna post neutral on this one until I see how this plays out. As of now there’s no guarantee we will even get a cup and handle, but the probability does favor it.
COINBASE:BTCUSD
by DrDovetail
ontusdt/1dDaily candle is shooting star (bearish) and according to chart we have strong resistance above of ONT. Always buy on strong support line and sell before strong resistance. For holders it's not good time to opening long position but others will be able to opening long or short term base on dynamic and static lines ((check candles also)). As for me, I always check important dates on chart for possible trend reverse ((you can see them on my chart)). 0.8426 , 1.1697 , 1.5992 , 2.3348 , 3.1127 are strong resistance for price and 0.4179 is strong support, also. Good luck
Short
by SadeQ_Qiassi
BTCUSD/1DFirst of all I think price will drop to B (78% of XA) due to bearish rectangle pattern then will rise to C (61.8% AB) and then will drop more to D and finally it's going to complete our Bullish Butterfly pattern and AB=CD. Previously price touched 61.8% of XA but I think we're going to see 22704 ( 78% of XA ) due to I think this is a Bearish AB=CD pattern. You can take buy limit on B and sell limit on C as well as buy limit on D ( above of D we have strong support zone and It's so possible to see that candle's shadow will kiss our D and price will close on support line) for amazing long term position. We will see about that!
Short
by SadeQ_Qiassi
5