ETH - USDT, 1D Interval Resistance and Support I invite you to review the ETH/USDT chart on the one-day interval as its predecessor.
Let's start by determining the main trend under which the price has been moving since the last ATH. Now it is worth marking with the yellow lines the triangle in which ETH is currently moving.
Let's now move on to identifying two very important supports, the first at 0.78 Fib Retracement, equal to $1125, and the second support at the last low of $880.
Looking the other way, the price has two strong resistance zones, the first zone starts at $1524 and lasts until $1920, only when the price breaks above the first zone and makes a positive attempt to attack the second zone from $2573 to $3016, the way will open for us towards a new peak.
Looking at the CHOP index, we see that we have less and less energy, the MACD indicator indicates a change in the trend to an upward one, and the volume, although low, indicates the predominance of green candles on the buyers' side.
1daychart
BNB / USDT 1D INTERVAL, Support and ResistanceHello everyone, welcome to the BNB to USDT chart on a one-day interval. Let's start by marking with white lines the channel of the sideways trend in which the price is moving.
Now we will mark the trend line, which, as you can see, the price overcame.
Now let's check what support places we should consider for the near future and as you can see, we have the first support at $284, the second at $262, the third at $244 and the fourth at $227.
It is also worth highlighting the zone from $292 to $266, because this is a very strong area of demand and supply for BNB.
Now let's move on to determining the resistance points that the price must overcome on its way up. And here we see that the first resistance is at $302, the next resistance is at $312, then $320 and $328.
Moving on, we see that the CHOP index indicates that the energy is low but is slowly starting to increase, the MACD indicator indicates that we are close to entering a downtrend, and on the volume we see falling energy, but with a predominance of sellers.
XRP - USDT on 1D interval Resistance and SupportHello everyone, I invite you to chart XRP in pair to USDT on a one-day time frame. Let's start by marking with the yellow lines the channel in which the price is moving and with the blue line the local uptrend line.
As we can see, the price turned around nicely around zero seventy-eight and returned to zero sixty-one.
Now let's check what current support we should consider and here we have the first support at thirty-seven cents, the second support at thirty-four cents, the third support at thirty-two cents and the fourth support at thirty-cents.
However, for the price to freely start to grow, it must overcome a strong resistance from forty-two cents to forty-six cents, only when it breaks above this area and tests it successfully, we will be able to see further increases.
It is worth mentioning that the energy on the CHOP index is strongly charged, the macdi indicator indicates that we are in the local uptrend, and on the volume , although it is small, we see the advantage of buyers.
Daily review of BTC interval 1DHello everyone, let's look at the BTC to USDT chart on the 1D time frame. As you can see, the price from the fall after the problems with the FTX exchange moves sideways, we can also mark the triangle with yellow lines that BTC must keep and go up.
Let's start with setting the support and as you can see in the first place we have a support zone from $ 16931 to $ 16700, but if the support does not hold the price, we have another zone from $ 16170 to $ 15477 when the second zone is broken we can see a drop down to $ 14360 and further $13,606.
Looking the other way, we see that when we manage to break through the resistance from $17,158 to $17,621, we will open the way towards the resistance at $18,196, and only when the price breaks it will move towards strong resistance at $19,218.
Looking at the CHOP indicator, we see that there is still some energy on the one-day interval, the MACD indicator indicates that we are in an uptrend, while the selling candles prevail on the volume.
CHZUSDT LONG-THERM Hello everyone, let's look at the CHZ to USDT 1 day chart. As you can see, the price has been moving in the downtrend channel for a long time.
As we can see, we have marked two support zones, the first short-term zone is from $0.1446 to $0.1028, while if the price goes lower, we can see a drop to the second zone from $0.0487 to $0.0279.
However, if the market changes its trend to an upward first zone of resistance, we have from $ 0.2187 to $ 0.2584 only when the price goes up from it, we can see greater increases around the second zone from $ 0.5186 to $ 0.7728.
Looking at the CHOP indicator, we see that on a 1-day interval, the energy on the CHOP index has been exhausted, and the MACD indicator indicates a downtrend.
MATIC / USDT 1D chart Resistance and SupportHello everyone, I invite you to review the MATIC chart in pair to USDT also on a one-day timeframe. As the first we will mark the downtrend lines in blue and with the yellow line the local downtrend line. Both of these lines were broken by the price.
First, we will check the situation with the resistances that the price must overcome and here we see that we have the first resistance at $0.81, the second at $0.69, the third at $0.53 and the fourth at $0.32.
Looking the other way, the same with the Fib Retracement tool we will check what support we should take into account, so the first support that the price is currently fighting is $ 0.93, if we manage to break it, we have the second at $ 1.31, the third at $ 1.63 and the fourth support at $1.93.
Looking at the CHOP index, we see that the energy is gaining more and more strength, the MACD indicator indicates that we have entered an uptrend, while the volume is increasing, with buyers predominating.
Daily review of ETH interval 1DHello everyone, I invite you to an ETH review to USDT in 4 hours. As you can see, we can with the help of blue lines mark the inheritance trend channel in which the price moves.
Let's start by determining the support line, and as you can see the first support in the near future is $ 1144, if the support is broken, the next support is $ 1054, $ 984 and $ 912.
Now let's get to the resistance line, because you can see that the first resistance is $ 1290, if the price breaks it with top, the next resistance will be $ 1349, $ 1519 and $ 1791.
It is also worth adding that we move above the growth trend line that we mean the yellow line.
Looking at the Index Chop, we see that in the 4-hour range most of the energy was used, but we have a little for the next move, the MacD inadist indicates an upward trend, and the volume, although small, indicates an advantage on the side of buyers.
FTM / USDT 1D Interval We will now check the situation on FTM to USDT, first we will mark the downtrend channel in which the price has been moving for a long time, while locally we can mark the uptrend lines with yellow color.
As we can see we have a strong support zone from the seventeen cents to fifteen cents level which must hold the price to prevent it from deepening the channel, however if we go lower we can see the price around thirteen cents.
Looking the other way, we see that the first resistance is at twenty-one cents, the second at twenty-three cents, the third at twenty-four cents, and the fourth at twenty-seven cents. Only overcoming these resistances and leaving the channel upwards can open the way for greater increases.
Nevertheless, we can see that the energy is strongly charged and the makdi indicates an uptrend, and the volume is on the side of the buyers, if BTC maintains its level or starts to grow, we can see an increase in the FTM price.
BNB / USDT 1D INTERVAL, Support and ResistanceHello everyone, I invite you to a short overview of the situation of BNB to USDT on a 1-day interval. As you can see, we can boldly mark a channel in which the price moves sideways, despite the attempt to exit down and up, the price quickly returned to this channel.
Now let's move on to determining the supports and as you can see, the price is currently right at the support at the level of two hundred and ninety-two dollars, if the support is broken, we have another at the price of two hundred and seventy-six dollars, then at two hundred and sixty-three dollars and two hundred and forty-nine dollars at which once again the price has turned back.
As for the resistances that BNB needs to overcome first, we see that the first resistance is at $322, the second at $312, the third at $322 and the fourth at $329 which is close to the upper limit of our channel.
However, we can see that the energy is exhausted and despite the current decline, we remain in the local uptrend.
MATIC / USDT 1D chart Targets and StoplossHello everyone, let's look at the 1D MATIC to USDT chart. As you can see, the price is moving above the local downtrend line.
Let's start by setting goals for the near future that we can take into account:
T1 = $0.9158
T2 = $0.9619
T3 = $1.0112
T4 = $1.0759
and
T5 = $1.1616
Now let's move on to the stop loss in case the market goes down further:
SL1 = $0.8502
SL2 = $0.7964
SL3 = $0.7643
SL4 = $0.7393
and
SL5 = $0.6911
Looking at the CHOP indicator, we see that there is still a lot of energy for the next move on the 1D interval, while the MACD indicator indicates a downtrend.
BNB / USDT 1D INTERVAL, Support and ResistanceHello everyone, let's look at the BNB to USDT 1 day chart. As you can see, the price has moved above the downtrend line.
Let's start with the support line and as you can see the first support we should consider is $302, if the support is broken then the next support is $292, $284 and $276.
Now let's go from the resistance line, as you can see the first resistance is $319, if you manage to break it, the next resistance will be $337 and $361.
Looking at the CHOP indicator, we see that most of the energy has been used on the one-day time frame, while the MACD indicator indicates a local uptrend.
MKRUSDT is a trend reversal coming?Hello everyone, I invite you to review the MKR chart against USDT on a one-day interval. Let's start with determining the direction of the movement and here we have a downtrend channel, what's more, we can mark with the yellow line the local downtrend line under which the price is currently located.
Now we will check the situation with support, which we can take into account when the price starts to fall more strongly and as you can see, we have the first support around $ 587, but if the price goes down from this support, we have the next support only at the price of $ 432.
Looking the other way, we can also check the places of resistance when the ADA price starts to rise and here we have the first resistance at $754, the second resistance at $840, the third at $911 and the fourth at $979.
It is worth noting that we had two lows, the second of which was lower than the first, and similarly, we have two highs where the second is lower than the first, but the current low, if not deepened, will be a higher low than the previous one, which could indicate a change in trend.
Looking at the lows and highs, we can expect a trend reversal to this, the CHOP index indicates that we are collecting more and more energy, and the MACD indicator also indicates that the downward trend, lasting over a month, turns into an upward trend.
ADA/USDT 1D INTERVAL - Resistance and SupportHello everyone, I invite you to a short review of the ADA chart in pair to USDT on a one-day timeframe. First, we will use the blue lines to mark the downtrend channel in which the ADA has been moving for a long time.
As you can see, we are at the bottom of our channel, so it's worth checking what support we have in the near future and as you can see, we can mark the first support at $0.29, if the support is broken, then the next support is $0.27, $0.25 and $0.23.
Similarly, it is worth checking what resistance we can expect if the price of ADA starts to grow. As you can see the first resistance is $0.32, if it is broken then the next resistance will be $0.34, $0.35 and $0.37.
Looking at the CHOP indicator, we see that in the 1-day interval, the energy begins to gain strength, and the MACD indicator indicates that we are on the verge of changing the trend to an upward one.
LTCUSDT 1D Interval - Resistance and SupportHello everyone, let's look at the LTC to USDT chart on a one-day interval. As you can see, the price is moving within the uptrend channel which we have marked with the yellow lines.
Let's start with the support line and as you can see the first support in the coming days is $73.93, if the support is broken then the next support is $70.87, $67.94 and $63.60.
Now let's go from the resistance line, as you can see the first resistance is $82.15, if you manage to break it, the next resistance will be $87.31, $91.59 and $95.90.
Looking at the CHOP indicator, we see that most of the energy has been used on the one-day interval, the MACD indicator indicates an uptrend, while because of the large volume of buyers, we now have two red candles that are much smaller.
XRP / USDT Review 1DayChartHello everyone, I invite you to the XRP to USDT chart in a one-day interval, as you can see the price has broken the downtrend line and is moving slightly sideways, bouncing off the local uptrend line.
Now we will check what supports we can take into account when the price starts to fall further and here we see that we have the first support at $0.37 if this support is broken we have another strong support at $0.31.
Looking the other way, we will also determine the resistance that the price has yet to overcome, as you can see, the first resistance is at $ 0.41, the next is at $ 0.44, then $ 0.47 and $ 0.51.
Looking at the CHOP indicator, we see that in the 1-day interval, the energy is very charged, and the MACD indicator indicates that we have entered an uptrend.
ETH - USDT, 1D Interval Resistance and Support Hello everyone, let's look at the ETH to USDT 1 day chart. As you can see, the price is moving in the downtrend channel, which is important in its lower part.
Let's start with setting support and as you can see ETH has a strong support zone from $1129 to $883 ahead, moreover looking at the recent move we can mark the $974 level as a strong place where the price may turn around.
Now let's move to the resistance line, as you can see the first resistance is $1301, if you manage to break it, the next resistance will be $1444, $1555 and $1669.
Looking at the CHOP indicator, we see that in the 1-day interval, the energy is strongly charged, the MACD indicator indicates the continuation of the downward trend, and the volume shows little interest on the part of sellers and buyers.
An update/followup on the tezos inverse head & shoulder pattern Much like the algo chart, tezos has formed an inverse head in shoulders inside a slightly bigger inverse head and shoulders and now has 2 necklines which means 2 breakout targets. Still developing for now but it appears the it is confirming the first pink neckline as support here. *not financial advice*
Daily review of BTC interval 1DHello everyone, let's look at the BTC to USDT 1 day chart. As you can see, the price is moving below the downtrend line.
Let's start with determining the support and as you can see in the first place we have a strong support zone from $ 16,158 to $ 15,602, but if the price drops below this zone, we have the next support only at the price of $ 14,011.
In the case of resistance, we have a very significant zone between $18,543 and $19,236, only a breakout of this zone will open the way to around $21,437.
Looking at the CHOP indicator, we can see that on the 1-day interval, the energy is slowly starting to gain strength, while the MACD indicates a downtrend. What's more, on the volume indicator, we see the advantage of sellers.
ETH - USDT, 1D Interval Resistance and Support Hello everyone, I invite you to review the ETH/USDT chart on a 1-day interval, which can be noticed right away is a layout on the chart very similar to that of BTC. This is how we can mark the triangle in which the price is moving with the yellow lines.
Using the fib retracement tool, we can set support and here we see that we first have a strong support zone from $1180 to $1133, then we have support at $1075.
On the other hand, we can see that we have strong resistance in the zone from $ 1378 to $ 1450, only when we manage to break this zone we can go towards $ 1553.
It is also worth marking the local downtrend line that the price must overcome upwards in order to move towards the designated resistance zone.
As you can see on the CHOP index on the 1-day interval, the energy is exhausted, while the MACD confirms that we are moving in a downtrend.
Daily review of BTC interval 1DHello everyone, I invite you to a short review of the BTC situation in a pair to USDT on a 1-day interval and here we can mark a triangle in which the price moves.
Using the fib retracement tool, we can set support and here we see that we first have a strong support zone from $16582 to $16139 which coincides with FIB 0.61 and FIB 0.78, then we have support at $15591.
On the other hand, we can see that we have strong resistance in the zone from $ 18529 to $ 19233, it coincides with the level of 0.5 FIB and 0.61 FIB.
As you can see on the CHOP index on the 1-day interval, the energy is exhausted, while the MACD confirms that we are moving in a downtrend.
BNB / USDT 1D INTERVAL, Support and ResistanceI invite you to review the BNB to USDT chart on a 1-day interval.
Let's start by marking the sideways trend channel with white lines, which, as you can see, the price went down for a while, but quickly turned back and is currently staying in this channel.
Now let's move on to checking with the Fib Retracement tool what support the BNB price has in case of further declines and here we see that we first have support at $266, but if the price goes lower, we have further support at $229 and $183.
Now, in the same way, we will check what resistance we can expect when the price starts to rise and we see that the first resistance is at $292, the next resistance is $312, $329 and $346.
Please also look at the CHOP index which indicates that the energy is in consolidation, and the MACD indicator indicates that we are in a downtrend.
BNB / USDT 1D INTERVAL, Support and ResistanceI invite you to the BNB chart, just like its predecessors, on a 1-day interval. As we can see, the BNB price is moving in a triangle marked with blue lines.
At the beginning, it is worth checking what support BNB has on its way when the price of the token starts to fall again and so we see that in the first place we have a strong resistance zone that starts at $ 276 and ends around $ 261, this is an important zone that already previously held the price.
Now let's move on to the resistance line, as you can see the first resistance that the price has to face is $293, only when we manage to overcome it upwards we can move towards the next resistances at $313, the next at $329 and $346.
Let's now pay attention to the CHOP index, where you can see that the energy is growing very slowly, while the MACD indicator on the one-day interval indicates a downward trend.