Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support at which the price is currently located is $1205, if the support is broken then the next support is $1193 and $1183.
Now let's move on to the resistance line, as you can see the first resistance is $1227 which the price rebounded from, if it manages to break it, the next resistance will be $1251 and $1276.
We can see that the uptrend was confirmed when the moving average red crossed the green line from below.
Looking at the CHOP indicator, we can see that some of the energy has been used for a correction, the MACD indicates entering a local downtrend, while the RSI shows a nice rebound from the moment we touched the upper range.
4hrchart
Review FTM/USDT 4H IntervalI invite you to review the FTM chart against USDT, on a four-hour interval. in this situation, we can use the yellow lines to mark a triangle in which the price is approaching the exit direction. We can also see that the EMA Cross 50, marked with a yellow line, indicates a downtrend, when we see the yellow line cross the blue line, it will be a signal for a larger upward move.
Now we can move on to identify the support lines that the price should rely on, and here we see that we have the first support at $0.20, equal to the 0.618 Fib Retracemant that has held the price in recent days. We still have support at $0.18 and $0.16.
Looking the other way, we can see that price tried to break through the resistance at 0.618 Fib Retracement three times, but each time it bounced off it, and now we have first resistance at $0.22, second resistance at $0.24, third important resistance at $0.26, and fourth at $0.28.
It is worth paying attention to the volume, which is quite small, but with a visible advantage for buyers. The CHOP index indicates that the energy has been used, the MACD confirms the local uptrend, while the RSI, like the CHOP index, shows overheating, which may cause the price to correct.
BNB / USDT 1D INTERVAL, Support and ResistanceHello everyone, welcome to a chart review of BNB vs USDT on a four-hour timeframe. We can start by identifying with the white lines a sideways trend channel where the BNB price has been moving for a long time. Then we can move on to marking the yellow downtrend line under which we are currently moving.
As we can see the last drop in the price stopped perfectly at 0.786 Fib Retracement at $221.6 which is a strong support for our price and also the lower border of the side channel, when the price goes lower we can see a drop to around $183.4 which is the place of the last low prices. However, the price is currently trading in the support zone from $246.5 to $236.9.
Looking the other way, we see that the first resistance should be up at $253.3 from which it has already bounced twice, the next resistance is at $274.2, then at $290.8, $307.9 and $332.4, this is a very strong resistance, and also the upper limit of the sideways trend channel.
It is worth paying attention to the volume, which is very low at the moment. The CHOP index indicates that the energy is exhausted, the MACD tries to maintain an uptrend, while on the RSI, despite the sideways movement, we see that we are quite high, we have room for price growth, but a small correction can be expected locally.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $16569, if the support is broken then the next support is $16269, $16018 and $15760.
Now let's move to the resistance line, as you can see the first resistance is $16943, if you manage to break it, the next resistance will be $17373, $17729 and $18080.
Looking at the CHOP indicator, we see that the energy is slowly gaining strength, the MACD indicates that we are close to entering a local uptrend, while the RSI is in the lower range with room for increases.
Daily review of ETH interval 4HI invite you to review the ETH chart on a four-hour interval. Let's start by marking the sideways trend channel with the white lines, while locally we can use the yellow line to determine the local uptrend line from which the price came down.
As for the places of support for ETH in the deepening correction quote, we can see that first we have a support zone where the price is currently from $ 1214 to $ 1181, however, if the price goes lower, we have another support at $ 1134, and then at the price of $ 1075, at the lower border of the channel and at the last low of the price.
Looking the other way, we can similarly determine the passing of resistances and here we see that we have the first resistance at $1227, the second at $1252, the third at $1274 and the fourth resistance at $1308.
It is worth noting that the volume from the last few days is very low with a predominance of red candles. On the CHOP index, we see that most of the energy has been used, the MACD indicates a local downtrend, while on the RSI we see a rebound towards the lower end of the range, which may indicate an impending price increase.
BNB / USDT 4H INTERVAL, STOPLOSS AND TARGETSHello everyone, let's look at the 4H BNB to USDT chart as you can see that the price is moving in a sideways trend channel denoted by the white lines.
Let's start by setting goals for the near future that we can take into account:
T1 = $246.9
T2 = $248.4
T3 = $250.6
and
T4 = $253.6
Now let's move on to the stop loss in case the market goes down further:
SL1 = $245.2
SL2 = $243.3
SL3 = $240.4
and
SL4 = $236.8
Looking at the CHOP indicator, we see that the energy is charged on the 4H interval, while the MACD indicator indicates a local uptrend.
BTC chart in pair to USDT on a four-hour interval.BTC chart in pair to USDT on a four-hour interval.
As we can see, BTC has been moving in the sideways trend channel for a long time, moreover, we can mark the triangle with the help of white lines, which we are currently trying to lower down.
Now, with the help of Fib Retracement, we will check the support places for BTC in case the price starts to fall and here we can see that we have the first support at the price of $ 16,762, the second at the price of $ 16,666, but stronger supports are at the levels of $ 16,573, $ 16,444 and $ 16,274 which is the location of the last price low.
Going further, in the same way, we will determine what resistance the price should encounter on the way to increases. As we can see in the first place we have a strong zone with which the price is currently measuring from $16868 to $16956, only when it breaks out and positively tests the resistance it will start moving towards the second resistance at $17060, then $17374 and $17888.
Please pay attention to the volume because you can see that it is not high, but with a predominance of candles on the buyers' side. Next we have the CHOP index, where we see that a lot of energy has been collected, which may indicate an upcoming strong move, while the MACD confirms the uptrend. Let's also pay attention to the RSI on which we can see that the corrections are getting weaker and that there is room for an upward move.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with setting the support line and as you can see the first support that currently defended the price is $16585 at 0.718 FIB, if the support is broken then the next support is $16457 and $16080.
Now let's go from the resistance line, as you can see the first resistance is $16752, if you manage to break it, the next resistance will be $16871, $16964 and $17058.
Looking at the CHOP indicator, we can see that in the 4-hour interval, energy was used for a sudden correction, but some was left for the next move. The MACD indicates the entry into a local downtrend, while the RSI rebounded, but there is room for a deeper correction.
Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on the four hour time frame. As you can see, the price is moving above the downtrend line.
Let's start with the support line and as you can see the first support in the near future is $1184, if the support is broken then the next support is $1154, $1129 and $1106.
Now let's go from the resistance line, as you can see the first resistance is $1217, if you manage to break it, the next resistance will be $1232, $1256 and $1284.
Looking at the CHOP indicator, we see that in the four-hour interval, most of the energy has been used and we see a small rest, the MACD indicates a local uptrend, and the RSI indicates a local sideways trend with room for further growth.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on the four hour timeframe. As you can see, the price is moving below the uptrend line.
As we can see the previous support at $16583 is still price support, the next support is at $16098 and $15471 at the previous low.
Now let's move on to the resistance line, as you can see the first resistance is $17066, if you manage to break it, the next resistance will be $17325 and $17571 at 0.61Fib.
Looking at the CHOP indicator, we can see that in the four-hour interval, most of the energy has been used, the MACD indicates a local uptrend, while the RSI we could see that despite the price went lower in the first correction, the RSI did not see a deeper low, which is often a sign of a trend change.
LTCUSDT 1D Interval - Resistance and SupportI invite you to review the LTC to USDT chart on the 4H time frame. At the beginning, let's mark the uptrend channel in which the LTC is moving, but what we can see locally is below the downtrend line.
As we can see the first support is at $61.91, if the support is broken then the next support is at $55.69 and $47.60.
Looking the other way, we see that the first resistance is at $67.14, if it manages to break out, the second resistance is at $70.54 and $73.33, then the price has to go through the strong resistance zone from $76.10 to $80.09, only when the price breaks out and tests it positively, it will be able to continue growing.
As we can see, the volume indicates a definite advantage on the part of the sellers, what's more, on the CHOP index we see that there is a lot of energy, adding to this the RSI indicator, which shows a small rebound, we can see a deepening of the correction around the lower part of the channel.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on the four hour time frame. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the coming hours is $16697, if the support is broken then the next support is $16667, $16640 and $16601.
Now let's move on to the resistance line, as you can see the first resistance is $16753, if you manage to break it, the next resistance will be $16793, $16832 and $16888.
Looking at the CHOP indicator, we see that in the four-hour interval we have a lot of energy for the next move, and the MACD confirms the local uptrend.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on the four hour timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support on which the price is currently based is $16663 equal to 0.78 Fib, if the support is broken then the next support is $16419 and $15742.
Now let's move to the resistance line, as you can see the first resistance is $16881, if you manage to break it, the next resistance will be $17107, $17281 and $17462.
Looking at the CHOP indicator, we see that in the four-hour interval, the energy starts to bounce back from the bottom very slowly, the MACD confirms the downtrend, while the RSI is also at the bottom. The indicators presented may indicate a respite.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $16977, if the support is broken then the next support is $16840, $16652 and $16418.
Now let's move on to the resistance line, as you can see we first have resistance at $17245 which was already strong price resistance before but if we manage to break it the next resistance will be $17468, $17647 and $17823.
Looking at the CHOP indicator, we see that in the 4-hour interval we see that most of the energy is exhausted, the MACD confirms the local downtrend, while on the RSI we are quite low, we can expect a local sideways trend.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price has fallen below the local uptrend line.
Let's start with the support line and as you can see the first strong support is at $17199, if the support is broken then the next support is $17044 and $16924.
Now let's go from the resistance line, as you can see the first resistance is $17702, if you manage to break it, the next resistance will be $17919, $18097 and $18276.
Looking at the CHOP indicator, we see that in the 4-hour interval, the energy begins to gain strength, the MACD indicator confirms the local downtrend, while the RSI shows a rebound, but we are still around the middle of the range, which may indicate a continuation of the correction.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $17979, if the support is broken then the next support is $17934, $17885 and $17825.
Now let's go from the resistance line, as you can see the first resistance is $18054, if you manage to break it, the next resistance will be $18183 , $18317 and $18505.
Looking at the CHOP indicator, we see that in the 4-hour interval, most of the energy has been used, the MACD indicator indicates a local uptrend, and the RSI is very high, which may indicate a local price correction.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has been moving in the uptrend channel marked with blue lines for a long time, we can see attempts to exit the channel downwards, however, the price defended itself and quickly started to go up.
Let's start with setting the support line and as you can see, the price has moved back to around 0.61 Fib, which is a strong support at $ 17,705, if the support is broken, the next support is $ 17,624, $ 17,513 and $ 17,220, which is also very strong support as before was a strong resistance for the price.
Interestingly, we can now mark the first, second, third and fourth wave we are currently in, interestingly, there is no divergence, does this mean that we can see the fifth wave?
Now let's move on to the resistance line, as you can see the first resistance is at $17884, if you break it, the next resistance will be at $18045, the third resistance is at $18183 and the fourth at $18813.
Please take a look at the CHOP index which indicates that the energy has been used on the four-hour interval, while on the RSI we see that we are very high which often indicates a price correction.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $16960, if the support is broken then the next support is $16900, $16852 and $16804.
Now let's move on to the resistance line, as you can see the first resistance is $17032, if you manage to break it, the next resistance will be $17130, $17210 and $17292.
Looking at the CHOP indicator, we see that in the 4-hour interval some of the energy has been used, the MACD indicates that we are moving in a downtrend.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has moved sideways from the local downtrend line.
Let's start with the fact that the price shot up and immediately reached the place of 0.61 Trend-Based Fib Retracement, but quickly returned to the starting place, so again we can consider the previous places as valid resistances and so we have the first resistance at the price of $ 17185, the second at $17,216, the third at $17,241 where the price reversed, then $17,267 and $17,303. Only when BTC overcomes these resistances and then positively tests them will we be able to move on.
Now let's move to the support line, as you can see in the coming hours we have the first resistance at $17159, if the price goes lower, the next resistance is $17131, $17088 and $17037.
Looking at the CHOP indicator, we see that in the 4-hour interval we still have a lot of energy for the next move, the MACD indicator indicates a local downtrend, while on the RSI we are quite high, however, the place where we are may indicate a sideways trend.