ETH - USDT, 1D Interval Resistance and Support I invite you to review the current situation on the ETH chart in pair to USDT, also on a one-day interval. In the first place, the yellow line can be used to mark the uptrend line that managed to keep the ETH price from falling further.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and as you can see we have the first support at $1472, the second support at $1395 and then we can mark the strong support zone from $1319 to $1211.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we have the first very strong resistance at the price of $1666 which is the so-called golden point of 0.618 Fib, the next resistance is at the price of $1825 and then the third resistance at the price of $2032.
The CHOP index indicates that there is still some energy left for further movement. The MACD indicator remains in a downward trend. However, on the RSI we see that it has returned to the beginning of the upper part of the range.
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Daily review of BTC interval 1DHello everyone, I invite you to review the chart of BTC in pair USDT taking into account the one-day interval. First, we will use the yellow line to mark the uptrend line above which the BTC price is moving.
Now we can move on to marking the places of support in the event of a correction. And here, in the first place, it is worth marking the support zone from $ 22,382 to $ 21,228, however, when we fall below this zone, we can see a drop around $ 20,322 and even $ 19,333, then we have a second very strong support zone from $ 17,988 to $ 16,285.
Looking the other way, in a similar way using the Fib Retracement tool, we can determine the places of resistance. We will first mark the resistance zone from $22794 to $23673, when we manage to break it we will move towards the resistance at $24277 and then $26035.
Please pay attention to the CHOP index which indicates that most of the energy has been used, the MACD indicator maintains a downtrend, while the RSI shows an increase and an upward exit from the downtrend.
DASHUSD golden cross; testing inv h&s neckline If it can sustain the golden cross then it should validate this inv h&s breakout and head to the $70 target. We can see it has already broke above the neckline once need to see it back above again and maybe close a weekly candle or 2 above it. On its way to the 70 dollar target it would create bigger inv h&s patterns/necklines along the way that would also most likely confirm a breakout from and lead to even bigger targets but we must take this one step at a time first….as of now we haven’t even confirmed this first one will breakout just yet. *not financial advice*
BNB / USDT 1D INTERVAL, Support and ResistanceHello everyone, welcome to a review of the BNB chart on a four-hour time frame. Let's start by marking with the yellow lines the uptrend channel from which the price went down.
Let's start by marking the support places for the price and we see that the first support is at $279, but if the price goes lower, we have another support at $266, then at $246 and another support at $220.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the first resistance is at $290, then we have a strong resistance zone from $308 to $331, and then the price will move towards $361.
The CHOP index indicates that the collected energy is used for the current correction, the MACD indicates entering a downtrend, while the RSI has a further rebound and is approaching the lower end of the range.
Daily review of ETH interval 1DHello everyone, I invite you to review the chart of ETH in pair to USDT, this time on a one-day interval. First of all, using the blue line, we can mark the downtrend, from which the price went up, while currently ETH is on the border of the uptrend line.
As we can see, EMA Cross 10 and 30 are close to entering a downtrend when the red line crosses the green line from above.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and as you can see we have the first support at $1472, the second support at $1396, then we can mark the strong support zone from $1319 to $1211.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we first have a strong resistance zone from $1553 to $1663, the next resistance is at $1825 and then the third resistance at $2029.
The CHOP index indicates that there is still energy left for the next move. The MACD indicator is in a downtrend. However, on the RSI we see a rebound and that we are moving in a downtrend.
DOT / USDT 1D CHART - Resistance and SupportHello everyone, I invite you to review the DOT chart in pair to USDT, on a one-day timeframe. As we can see, the price is currently based on the downtrend line.
Going further, we can move on to marking support areas in a situation where the current correction is deepened. And here, the first support is at $6.02, then we have the support zone from $5.68 to $5.33, the next support is at $4.84, and then at $4.21, where the last low is.
Looking the other way, we see that the price must first overcome the strong resistance from $6.96 to $7.59, which has not been broken so far. Only when the price breaks through this zone will it be able to move towards $8.49 and then $9.66.
Please look at the CHOP index, which despite the correction indicates that there is a lot of energy, the MACD indicates a downward trend, while the RSI shows a further rebound, but there is still room for a larger price drop.
BNB / USDT 1D INTERVAL, Support and ResistanceHello everyone, I invite you to review the BNB chart as before, taking into account the one-day interval. As we can see, despite the correction, the price is still moving in the uptrend channel.
Let's start by marking the support spots for the price and we see that we first have a support zone from $310 to $293, however, if the price goes lower, we have another support at $279, then a second support zone from $265 to $245.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price failed to break the resistance at $331. We continue to have strong resistance at $361, once the price breaks it, it will move towards resistance at $398.
The CHOP index indicates that we have a lot of energy, the MACD indicates the entry into a downward trend, while the RSI can see a strong rebound.
ETH - USDT, 1D Interval Resistance and Support Hello everyone, I invite you to review the chart of ETH in pair to USDT, on a one-day timeframe. First, we will use the yellow line to mark the uptrend line on which the price is currently based.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and as you can see we have the first support at $1514, the second support at $1448, the third at $1388, and then we can mark the strong support zone from $1298 to $1182.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here in the first place we can mark a strong resistance zone from $ 1589 to $ 1672, only when it is broken we will go towards the last high at $ 1715 and then $ 1846.
The CHOP index indicates that despite the current decline, we still have a lot of energy. The MACD indicator is in a downtrend. On the other hand, we see a further rebound on the RSI, but there is room for a larger correction.
MATIC / USDT 1D chart Resistance and SupportHello everyone, I invite you to review the MATIC chart in pair to USDT, on a one-day timeframe. First, we will use the yellow lines to mark the uptrend channel in which the price is currently moving.
Moving on, we can move on to marking support areas when we start a larger correction. And here the first support is at $1.11, the second support is at $0.95, then we have support from $0.83 to $0.71, then the price may drop to around $0.53.
Looking the other way, we see that the first strong support is at $1.45 and then we have support at $1.75. However, before that, the price must maintain the level of $ 1.31 at which it turned back last time.
Take a look at the CHOP index, which indicates that the energy is being used for an upward move, the MACD indicates that we are moving in an uptrend, while the RSI is moving in the upper range, which may indicate an imminent rebound.
Daily review of ETH interval 1DAs the second chart in today's review, we'll be looking at ETH versus USDT on a one-day timeframe. First of all, using the blue lines, we can mark the uptrend channel in which the price is currently moving.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and as you can see we have the first support at $1563, the second support at $1470, the third at $1393, and then we can mark the strong support zone from $1319 to $1208.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we can mark a strong resistance zone from $1666 to $1825, then we will move towards resistance at $2032
The CHOP index indicates that we have a lot of energy for the next move. The MACD indicator is in a downtrend. On the other hand, we see a rebound on the RSI, and we maintain a downward trend.
Silver nearing 2nd inv h&s target & goldencrossSilver hit the first inv h&s breakout target (not shown here) back on november 13th and is now about to hit the second one (dotted yellow line). I will post a link to the previous silver chart idea so you can see how that purple inverse head and shoulder pattern played out. *not financial advice*
ETH - USDT, 1D Interval Resistance and Support Hello everyone, I invite you to review the ETH to USDT chart on a one-day interval. First, we will mark the downtrend channel that the price has left the top. However, locally, we can determine the downtrend under which the price is moving.
Now we can move on to marking support and in this situation we have first support at $1539, second support at $1449, third support at $1380, if the price goes lower we have a strong support zone from $1309 to $1204.
Looking the other way, we can similarly mark the places of resistance that the ETH price has to face, as we see the first resistance at $ 1669 at the so-called golden point fib 0.618, then we have strong resistance at $ 1825 and the third resistance at $ 2032.
It is worth looking at the EMA Cross 10 and 30, because we can see that the 10 marked with the red line on the chart starts to bend, when it crosses the 30 marked with the green line on the chart, it can give confirmation of entering a longer downtrend.
The CHOP index indicates that we have a lot of energy for a new move, MACD indicates entering a downtrend, while the RSI is moving in a downtrend.
BTC/USDT Revive 1D IntervalHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the one-day interval. As we can see, the price has broken the downtrend lines and has gone up.
Let's start by identifying where we should see price support, and here we see that the first support is at $21,991, the second support is at $20,750, the third support is at $19,739, and the fourth support is at $18,728. below we have a strong support zone from $17,313 to $15,494.
Looking the other way, we can immediately see that the price is struggling to maintain a very strong resistance at $23147 equal to 0.786 FIB, the next resistance is at $25226, only when the price breaks out and tests it positively will it be able to go towards $30000.
Please look at the CHOP index, which indicates that on a one-day interval we are gathering more and more energy for a new move, MACD after recent increases begins to indicate entering a downward trend, while the RSI also shows a downward trend and recovery.
XRP/USDT - XRP is testing an abandoned formationHello everyone, I invite you to take a look at the XRP/USDT chart on the one-day time frame. As we can see, we are just below the downtrend line that XRP is clearly trying to break.
Moreover, we see a rounded bottom pattern which after a positive resistance test is characterized by an upward breakout, in this situation we need to positively test the $0.40 resistance which is now price support, then we can see the $0.43 resistance, then a strong resistance zone from $0.46 to $0.50.
However, if it happens that the price does not keep up with the pattern and our expectations, we can see a correction in this situation, we have the first support at $0.40, the second support at $0.38, the third at $0.37, then the support zone from $0.35 to $0.34.
The CHOP index indicates that we have a lot of energy, the MACD indicates the entry into a downward trend, while the RSI shows a rebound and a visible downward trend.
FTM / USDT 1D Interval - Support and ResistanceHello everyone, I invite you to review the FTM chart in pair to USDT, on a one-day interval. We will start by marking the downtrend line that the price has broken up. Next, we can define the lines of the current uptrend.
Now let's move on to marking the support that we should take into account after such dynamic increases. And here we have the first support at the price of $0.42, the second support at the price of $0.37, then we can mark a strong support zone to which the price may move back from $0.33 to $0.29, and then support at the price of $0.24.
Looking the other way, we can see that we are currently facing a very strong resistance at $0.52, but when we manage to overcome it and positively test it, we can see an increase to around $0.74.
It is worth paying attention to the EMA Cross 50 and 200, because we see that the 50 marked on the chart with the yellow line dynamically turns upwards and when it crosses the 200 marked with the blue line, we can see a bullish uptrend.
The Chop Index indicates that we are slowly regaining energy, the MACD indicates an ongoing uptrend, while the RSI has a slight rebound, but is still moving above the upper range, which may lead to a price correction.
Daily review of ETH interval 1DHello, I invite you to review ETH to USDT, on a one-day interval. let's start by drawing a downtrend line, which as you can see, the price has broken, then we will mark the local uptrend line, above which the price is currently moving.
Now as we can see, the price rebounded from the resistance at $1683, only when the price breaks it will move towards the resistance at $1795 and then to the resistance at $2032.
Looking the other way, it is worth determining the levels of support for ETH in the event of a correction. And as you can see, we have the first support at $1539, if the price goes lower we have another support at $1451, $1378, and then we have a strong support zone from $1307 to $1203.
Further, we can see that the CHOP indicator indicates that the energy is starting to rebound, the MACD, despite the correction, indicates an uptrend, while the RSI, despite the rebound, indicates that we are above the upper range, which may cause the price to correct.
Daily review of BTC interval 1DHello everyone, I invite you to update the BTC chart in pair to USDT, on a one-day interval. As we can see, the price has broken the downtrend line, and now we can use the yellow line to mark the local uptrend line.
As we can see, the price has overcome a strong resistance at $ 21,500, while currently BTC is fighting to maintain the level of $ 22,817. Only when it manages to hold, we will see a try of an attack on the resistance at the price of $25,206.
Now let's move on to marking support for the price. And as you can see, the previously overcome resistance at $21,500 is now a strong support for the price. If the support is broken, the next resistance is at $20,367 and $19,417. Looking further, we can mark a strong support zone from $18,498 to $17,150, to which the price may fall in the event of a correction.
Please pay attention to the EMA Cross 10 and 30, which all the time indicate an ongoing uptrend.
The CHOP index indicates that the energy is exhausted and is slowly starting to rise, the MACD confirms the ongoing uptrend, while the RSI is moving above the upper range, which may indicate an upcoming correction.
Daily review of BTC interval 1DHello everyone, let's look at the BTC to USDT chart on a single day timeframe. As you can see, the price has broken the downtrend line.
Let's start by marking the resistance at $23,146 which as you can see, the price has broken and is now struggling to get it, the next very strong resistance is at $25,177.
Now let's move on to the support line and as you can see the first support in the near future is $21533, if the support is broken then the next support is $20373, $19438 and $18503.
Looking at the CHOP indicator, we can see that the energy has been used for recent increases, the MACD confirms the uptrend, while the RSI is moving above the upper range, so watch out for a correction.
Bitcoin heading for the inverse h&s breakout target @ $23174The downward slanted inverse head and shoulder pattern bitcoin broke above back in late November appears to finally be reaching it’s long awaited breakout target. We can see the neckline of the inv head &s pattern indicated here on the 1 day chart with the white descending neckline and the dotted measured move line positioned right where the breakout happened. Been watching this one for multiple months now…even when it did its fakeout breakout back around October. Had to readjust the measured move for the official breakout point slightly lower but it would be amazing if price action reaches the target on the very day the measured move line ends in the price label. Anyone who has followed my charts closely would know that this wouldn’t be the first time price has reached the price target with that kind of exact precision…so it would be awesome if we see it yet again. *not financial advice*
ATOMUSDT 1D Interval ReviewAs the last in today's review, we will check the ATOM chart, just like its predecessors, on a one-day interval. Let's start by marking the downtrend line that the price has to face, and then it is worth marking the local uptrend line that the price is currently moving above.
As for support, we see that we have the first support at $11.37, where the price has now completed a correction, the second support is at $9.99, and the third support is at $8.04.
Now, similarly, it is worth checking the resistances that the ATOM price has to face in the coming time. And here we see that the first resistance is at $12.82, the second resistance at $13.86, the third at $15.31 and the fourth very strong resistance at $17.19.
Next, it is worth paying attention to the EMA Cross 10 and 30, which, despite the correction, still show an upward trend.
On the CHOP index, we can see rising energy, MACD is on the verge of entering a downtrend, while on the rsi we have a nice rebound and a small increase, here it is worth noting that we are moving at the upper limit of the range in which you can often encounter a price correction.
Daily review of ETH interval 1DThe second in today's review will be the ETH to USDT chart on a one-day timeframe. As you can see, the price has broken the downtrend line and now we can mark the local uptrend line with the blue line.
Let's start with setting the support line and as you can see the first support is at $1483, the second at $1405, the third at $1342, and then we can mark the support zone from $1278 to $1189.
Now let's move on to the resistance line, as you can see the first resistance is $1551 which the price is currently fighting to hold, then we have resistance at $1664, third resistance at $1827 and fourth very strong resistance at $2032.
Looking at the CHOP indicator, we can see that after the recent increases, the energy is slowly gathering strength for a new move, the MACD indicates an ongoing uptrend, and the RSI could see a rebound, but we are still above the upper range, which may indicate a sideways move with small corrections.
LTCUSDT 1D Interval - Resistance and SupportHello everyone, I invite you to review the chart of LTC in pair USDT, taking into account the one-day interval. As you can see, the price has been moving in the uptrend channel for a long time, but currently we can see that we are on the verge of exiting the downtrend channel.
In such a situation, it is worth marking the places of support for the price, and here we see that the first support has been broken, the second is at $80, the third is at $76, and the fourth is at $72.50.
Looking the other way, we see that the first resistance is again at $85, while once the price breaks it, the next significant resistance is at $100.
Please also look at the CHOP index, which indicates that the energy is slowly starting to grow, the MACD is close to indicating a downward trend, and the RSI has a rebound after almost a month's increase.
Daily review of BTC interval 1DHello everyone, I invite you to update the BTC chart, taking into account the one-day interval.
As we can see, the price has broken the downtrend lines, what's more, we can mark the Cap and Handle pattern here. As you can see, the formation begins with an increase and the formation of the first round, we have now returned to the level before the price fell and now we should watch whether the price will form a second but this time smaller round. the formation built in this way is characterized by the exit of the price upwards.
Let's move on to marking the support areas for the price in the event of a deepening correction. As we can see after stretching the Fib Retracement mesh, we have the first support at $20,197, the second at $19,281, the third at $18,588, and the fourth at $17,828.
Looking the other way, it is immediately clear that the price must first break through and then positively test the resistance zone from $20,935 to $21,471, only then will the way open towards the strong resistance at $25,182.
As we can see, the CHOP index indicates that the energy was used for an upward move and we are currently starting to recover it, the MACD confirms the ongoing uptrend, while the RSI shows a small rebound due to the current correction.
When we look at the EMA Cross 10 and 30, we can see that despite the correction, nothing has changed so far and they indicate an upward trend.