ETH-USDT 4HInterval Review Chart DayHello everyone, I invite you to review the chart of ETH in pair with USDT, also on a four-hour interval. First of all, we can use the blue lines to mark the downward trend channel from which the price goes up again, but at this point it is worth defining the main sideways trend channel, where we can see that the price has bounced off the lower border for the second time, which resulted in increases.
As we can see, the attempt to break the blue ema cross 200 line was unsuccessful and we remained in a downward trend.
Now, using the Trend Based Fib Extension tool, we will check what the current supports look like if the price had a greater recovery, and here we can see that after a dynamic increase we returned to the support zone from $1,585 to $1,551, we still have support just below the lower border of the channel at $1,524, and then it is worth marking the second zone from $1,497 to $1,459.
Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here again we have an active resistance zone, the price of which failed to hold from $1,604 to $1,631, then there is a second zone from $1,657 to $1,694, and then strong resistance at the upper border of the sideways trend channel at $1,741.
The CHOP index indicates that most of the energy has been used up, the RSI indicator is moving in the upper part of the range and there is still some room for an upward movement, while the STOCH indicator shows the moment of exceeding the upper limit, which exhausted the energy and resulted in a strong rebound.
Dailyanalysis
BTC/USDT Review Chart 4HIntervalHello everyone, I invite you to review the current situation on BTC in the USDT pair, taking into account the four-hour interval. First, we will use the yellow line to mark the downward trend lines from which the price has broken upwards, and currently we can use the blue lines to mark the upward trend channel in which the price is currently moving.
Now we can move on to marking support places in case the traffic jam starts to deepen. And here you can see that after a dynamic upward movement, the price returned to the support zone from $28,056 to $27,457, but if we break below this zone, there is a second zone from $26,858 to $25,997, and then we have support at $24,921.
At this point, it is worth looking at the EMA Cross 200 and here we can see that the price has broken the 200 moving average and we have returned to the strong upward trend, it is important to maintain it now.
Looking the other way, we can determine resistance locations in a similar way using the Fib Retracement tool. First of all, you can see that the first resistance is again the place of $28,364, then we have a resistance zone from $29,178 to $30,346, which has rejected the price for now, but if it manages to break out of it, the price will move towards the strong resistance at $31,807.
Please pay attention to the CHOP index, which indicates that energy is very much consumed, the RSI indicator shows that we are moving just above the upper limit of the range, but the minimal rebound gave room for a very dynamic increase, while the STOCH indicator exceeded the upper limit, which slowed down further increases. and we have a reaction.
DG Daily Levels Match Up Almost Perfectly with Fibonacci LevelsDG
Replay of DG's Price Movement & Volume -13 October 2023
Dollar General (DG) gapped up and was up 9.16% on the day. DG's volume was nearly 3 x's the amount it was over the last 2.5 weeks.
Daily Levels & Fibonacci Levels
*The .38 retracement level on the daily is in confluence with the 116 daily level on the chart. The .50 fibonacci retracement level aligns with the 120 daily level. Also, the .618 (the reversal fib retracement level), is in confluence with the 124.85 daily level. I like when I see levels line up nearly perfectly with fib retracement levels 😃
BTC/USDT 4HReview ChartHello everyone, I invite you to Thursday's review of the current situation on BTC in pair with USDT, taking into account the four-hour interval. First, we will use the yellow line to mark the upward trend lines from which the price has currently broken down.
When we turn on the EMA Cross 200, we can see that the price has returned below the moving average, which also indicates a return to the downtrend.
Now we can move on to marking support areas in case the correction deepens. And here, first of all, it is worth marking the support at the level of $26,750, at which the price currently holds, but when it drops lower, it will move towards the strong support zone from $26,313 to $25,691.
Looking the other way, we can determine resistance locations in a similar way using the Fib Retracement tool. First, we will mark the resistance zone from $27,322 to $27,552, when it is overcome, the price must overcome the second resistance zone from $27,798 to $28,140, only then will we be able to see new increases.
Please pay attention to the CHOP index, which indicates that most of the energy has been used, on the STOCH indicator we have exceeded the lower limit, which also resulted in the price decline slowing down, also on the RSI index we are moving at the lower limit of the range, which may result in a price rebound in the coming hours.
BTC 4H Chart Review!Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price came out of the local upward trend line.
When we unfold the Fib Retracement grid, we can mark the support zone in which the current price ranges from $26,984 to $26,547, but if we fall below this zone, we may see a drop to the support level of $25,976.
Looking the other way, we will start by marking the first resistance zone from $27,185 to $27,459, and then we have a second strong zone from $27,896 to $28,215.
Looking at the CHOP indicator, we see that there is still some energy left for the move, while on the STOCH indicator and the RSI indicator, we are moving at the lower limit, which has slowed down the current correction and may indicate that we are approaching its end.
ETH/USDT 1DInterval ReviewHello everyone, I invite you to review the ETH pair to USDT chart, also on a one-day time frame. First, we can use the blue lines to mark the upward trend channel in which the price is currently moving in the lower range.
We also see that the ETH price made a negative attempt to break out of the blue EMA Cross 200 line, remaining in a downward trend.
Now let's move on to marking the support places. We will use the Trend Based Fib Retracement tool to mark supports, and as you can see, the price remains at the lower limit of the current support zone from $1,664 to $1,551, but if we fall below this zone, the price may exit the channel below and return to the vicinity of the strong support zone from $1,389 to $1,184.
Looking to the second one, we see that the price has rebounded from the resistance level at $1,734 for the second time, only when it is overcome will we move towards the next resistance levels at $1,891 and then $2,017, then the price will move towards the very strong resistance zone of $2,143 to $2,321.
Index CHOP indicates that energy has been used. The MACD indicator is on the verge of entering a local downtrend. However, we see a rebound on the RSI, but we remain in an upward trend.
BTC/USDT 1D Review CHartHello everyone, I invite you to Tuesday's review of the current situation on BTC in the USDT pair, taking into account the one-day time frame. First, we will use blue lines to mark the upward trend channel from which, as you can see, the price has come out at the bottom. Therefore, at this point, you need to determine a new side trend channel in which the price is currently moving.
When we turn on the EMA Cross 200, we can see that the BTC price has gone above the blue moving average line of 200, and we are currently struggling to stay in the uptrend.
Now we can move on to marking support areas in case the correction deepens. And here, first of all, it is worth marking the support zone from $25,617 to $23,654, from which the price has already bounced several times, but when we fall below this zone, we may see a drop to the vicinity of the second, very strong support zone from $21,748 to $18,976.
Looking the other way, we can determine resistance locations in a similar way using the Fib Retracement tool. And here you can see that the price is again approaching the resistance at the level of $28,043, only when we go up above it, we will see an attempt to attack the very strong resistance at the level of $31,912, which is also the upper limit of the currently ongoing sideways trend channel, then a path will open up direction $35,724.
Please pay attention to the CHOP index, which indicates that the energy is slowly starting to grow, on the STOCH indicator we are near the upper limit, which may result in a greater recovery, but on the RSI indicator we are back near the middle of the range and considering that we have not touched the upper limit, we can see a new attempt at growth after the current recovery.
ETH/USDT 4HInterval ReviewHello everyone, let's take a look at the ETH to USDT chart on a 4-hour time frame. As you can see, the price is moving below the local downtrend line.
After unfolding the Trend Based Fib Extension grid, we see that the price has returned and remains at the support level of $1,579, but we may still see a decline to the support level of $1,473.
Looking the other way, we have a significant resistance zone from $1,662 to $1,694, and then resistance at $1,734 before further increases.
Looking at the CHOP indicator, we can see that the energy has been used, while the STOCH and RSI indicators also indicate that the energy has been exhausted, which stopped a further decline in this movement.
BTC/USDT 4HInterval ReviewHello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line.
When we spread the Trend Based Fib Extension grid, we can determine the support zone from $27,652 to $27,401, then we have support at $27,089, and then we can see the price drop to the support level of $26,171.
Looking the other way, you can see the resistance zone from $28,141 to $28,439, while further on you can mark the second zone from $28,751 to $29,184.
Looking at the CHOP index, we see that the energy is exhausted at this moment, on the STOCH index we are high, which may result in a price drop, and on the RSI index, we are at the upper limit, which may result in a price recovery.
ETH/USDT Short-Term Review ChartI invite you to review the chart of ETH in pair with USDT, also on the one-hour time frame. Let's start, as in the case of BTC, by marking the local upward trend line from which the price came out lower.
Now let's move on to marking the support places. We will use the Fib Retracement tool to mark supports, and as you can see, the price remains in a strong support zone from $1,635 to $1,603, but when we fall below this zone, we may see the price drop to the support level of $1,563.
Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here, on the upward path, there is a strong resistance zone from $1,661 to $1,679, then we have resistance at $1,696, and then the second zone from $1,720 to $1,751.
The CHOP index indicates that we have more and more accumulated energy, on the STOCH indicator we are in the process of recovery, which is also confirmed by the RSI indicator, where we could see a quick withdrawal from the upper part of the range.
BTC/USDT 1H Interval Short-TermHello everyone, I invite you to review the current situation on BTC in the USDT pair, taking into account the one-hour interval. First of all, we will use the yellow line to mark the local upward trend line from which the price broke down. As we can see, despite several attempts to return above this line, the price was rejected.
Now we can move on to marking support areas in the event of a correction. And here, first of all, it is worth marking the support zone which stopped the current correction from $27,248 to $27,012, but when we fall below this zone, we may see a drop to around $26,710, and then a quick decline even to the support level at $25,846.
Looking the other way, we can determine resistance locations in a similar way using the trend based fib extension tool. First, we will mark the resistance zone from $27,776 to $28,152, when it is overcome, we have resistance at $28,458, and then a strong resistance zone from $28,762 to $29,195.
Please pay attention to the CHOP index, which indicates that the energy is gaining more and more strength, the STOCH indicator shows a quick use of energy and then a sudden increase, but looking at the RSI index, we have not exceeded the lower limit, which may still affect the next correction attempt.
BNB Short-Term 1HInterval ReviewHello everyone, let's take a look at the BNB to USDT chart on a one hour time frame. As you can see, the price is moving below the local uptrend line.
After unfolding the FIb Retracement grid, we can mark a strong support zone with a price ranging from $212 to $209.7, while we still have support at $206.5.
Looking the other way, there is a resistance zone from $214.9 to $215.9, then there is resistance at $217.2, another at $219.1, and then there is resistance at $221.6.
Looking at the CHOP indicator, we see that there is some energy left for continuation, the STOCH indicator shows that the upper limit has been exceeded, which resulted in another recovery, and the RSI shows a pullback, which may result in a greater drop in the price.
BTC/USDT 4HInterval ReviewHello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line.
When we spread the trend based fib extension grid, we can determine the support zone from $27,411 to $27,084, but when this zone is broken, we still have strong support at $26,141.
Looking the other way, you can see that the price was rejected by the resistance at $28,156, then we have a second resistance at $28,467, and then a strong resistance zone from $28,783 to $29,218.
Looking at the CHOP indicator, we can see that the collected energy is used to increase the price, but the STOCH indicator shows that we have approached the upper limit, which resulted in a recovery, while the RSI indicator has returned to the middle of the range, but there is still a lot of room for recovery.
BNB/USDT 4HInterval ReviewHello everyone, I invite you to review the chart of BNB in pair with USDT, also on a four-hour interval. Let's start by marking with a yellow line the local downward trend line from which the price came out on top. However, at this point you can see that despite the top leaving the downtrend line, the price is moving just above it in a downward movement.
As we can also see, the attempt to return above EMA Cross 200 and, consequently, to a strong upward trend was unsuccessful and we quickly returned to the previous level.
Now let's move on to marking the support places. We will use the Fib Retracement tool to mark supports, and as you can see, the price has returned to the strong support zone from $215 to $210, but if the current zone does not hold the price, we may see a drop to the strong support level of $203.4.
Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here, as the first resistance, we have a zone from $219 to $223, which rejected the price, only after breaking it higher will we be able to see an attempt to attack the resistance levels at $228, and then another resistance at $234.9.
The CHOP index indicates that the energy has been used and we are currently experiencing a slight increase, the STOCH indicator also shows a strong depletion of energy, which has slowed down the price declines, while the RSI shows a strong deviation to the lower part of the range, which creates a lot of room for increases, but before that we may still see an attempt to go down prices a little lower.
BTC/USDT 4HInterval Review ChartHello everyone, I invite you to review the current situation of BTC in the USDT pair, taking into account the four-hour interval. First, we will use the yellow line to mark the downward trend lines from which the price has moved into the upward trend channel marked with blue lines.
When we look at the EMA Cross 200, we see that the price remains above the blue 200 moving average line, which indicates that the uptrend is continuing.
Now we can move on to marking support areas in the event of a correction. And here, first of all, it is worth marking the support zone in which the price currently ranges from $27,711 to $27,180, but when we fall below this zone, we may see a drop to the area of the second zone from $16,309 to $25,682.
Looking the other way, we can determine resistance locations in a similar way using the Fib Retracement tool. As you can see, the price after crossing the resistance at $28,190 and touching the upper border of the channel was quickly reversed, but when we manage to break above this resistance, we can see an attempt to increase towards the strong resistance zone from $29,087 to $30,219.
Please pay attention to the CHOP index, which indicates that after the previous strong exhaustion, we are trying to rebuild energy, on the STOCH indicator we are clearly moving towards the lower limit, which confirms the sideways trend and energy collection, while on the RSI indicator, despite the recovery, we returned to the middle of the range, which indicates that there is still room for the price to be brought down.
BTC Short-Term Review ChartHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price is struggling to stay on the local upward trend line.
After unfolding the Trend Based Fib Extension tool, we see that the price is based on the support zone from $27,407 to $27,089, but when we fall below this zone, we can see the price quickly return to the support zone at $26,169.
Looking the other way, we see that the first resistance is at $27,888, then the second resistance at $28,167, the third resistance at $28,580, and then we have a strong resistance zone from $28,879 to $29,309.
Looking at the CHOP indicator, we see that a lot of energy has been accumulated for the move, the STOCH indicator indicates that most of the energy is exhausted, which has slowed down the decline, but the RSI indicator still shows room for the price to go lower.
LTC/USDT 4HInterval ReviewHello everyone, I invite you to review the LTC/USDT chart on a four-hour interval. As we can see, the price remains above the local upward trend line marked in yellow. At this point, it is also worth marking the first and currently second attempt to exit the moving average above 200, which indicates a return to the upward trend, but now the price must remain above the blue line.
When we unfold the FIb Retracement grid, we see the first support at the level of $66.24, then we can mark a strong support zone from $64.60 to $63.28, then support at the levels of $61.97, and then another support at the level of 60, $08.
Looking the other way, we immediately see that the price has been rejected from the strong resistance at $67.95, and when it overcomes it, it must face another strong resistance at $70.74 before further increases.
When we look at the CHOP index, we can see that the recovery affects the gathering of energy, the STOCH indicator shows that despite the decline, the recovery creates room for stronger upward price movements, while the RSI indicator has not reached the upper limit, which may indicate that the price will try to increase again when BTC will stay around $28,000.
ETH/USDT 1DInterval Review ChartHello everyone, I invite you to review the ETH pair to USDT chart, also on a one-day time frame. First of all, we can use the blue lines to mark the downward trend channel in which the price has been moving for a long time, while locally, using the yellow line we can mark the downward trend lines from which the price has gone up, but here you can see that after crossing the blue line EMA Cross 200 the price was quickly withdrawn, which confirms the continued downward trend.
Now let's move on to marking the support places. We will use the Fib Retracement tool to mark supports, and as you can see, the price has left the strong support zone from $1,664 to $1,535, only when it falls below this zone can we see a drop to the support level of $1,369.
Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here we can see the price retreating before the resistance level at $1,765, then we have a visible resistance zone from $1,838 to $1,910, only after breaking upwards from this zone should the price attempt to attack the levels of $2,013 and then the level of $2,143.
The CHOP Index indicates that most of the energy has been used. The STOCH indicator shows that the upper limit has been exceeded, which has exhausted the energy and resulted in a price recovery, while the RSI indicator, despite the increase, still shows room for the price to go higher, which indicates that when the energy regains, we may see another upward movement.
BTC growth, what's next?Hello everyone, I invite you to review the current situation of BTC in the USDT pair, taking into account the one-day time frame. First, we will use the yellow line to mark the downward trend line and, as we can see, the price has moved upwards from this line, and we can also see that in the same place the price has broken the blue EMA Cross 200 line, which indicates a return to the upward trend.
Now we can move on to marking support areas in the event of a correction. And here, after unfolding the Fib Retracement grid, we first have support at the level of $27,483, and then we need to mark a very strong support zone from $26,284 to $24,777.
Looking the other way, we can determine resistance areas in a similar way. First of all, we will mark the resistance that the price is currently struggling with at the level of $28,360. As you can see, at the moment the price has returned to this level, only when it is positively tested will it move towards the resistance zone from $29,175 to $30,337. and then we have strong resistance at $31,819.
Please pay attention to the CHOP index, which indicates that most of the energy has been used, the STOCH index also exceeded the upper limit, which resulted in the inhibition of the upward movement, but the RSI index shows an increase, but with room for the price to go further, which is worth taking into account .
DOT/USDT 4H interval Review ChartHello everyone, let's take a look at the DOT to USDT chart on a 4-hour time frame. As you can see, the price has broken out of the downward trend line and is currently fighting with EMA Cross 200 to return to the strong upward trend.
After unfolding the Trend Based Fib Extension grid, we have a visible support zone from $4.13 to $4.07, and then there is a strong zone from $4.03 to $3.98.
Looking the other way, you can see that the price is fighting a strong resistance at $4.19, and when it overcomes it, it must pass a second resistance at $4.26 before further increases.
Looking at the CHOP indicator, we see that most of the energy has been used, while the STOCH indicator and the RSI indicator indicate that the upper limit has been exceeded, which may slow down the current growth and provide a moment of relief.
BNB Short-Term Review 1HHello everyone, let's take a look at the BNB to USDT chart on a one hour time frame. As you can see, the price is moving above the local uptrend line.
After unfolding the Fib Retracement grid, we can mark support at $215, while if we fall lower, we can see the price return to the support zone from $210.8 to $208.9.
Looking the other way, we see that the price is in a strong resistance zone from $215.7 to $218.2, and when it breaks it, it has strong resistance at $221.3.
Looking at the CHOP indicator, we see that there is still energy to continue the movement, but on the STOCH indicator, the energy is used up in the short term, which may result in a temporary sideways trend or a small recovery.
BTC/USDT 4HInterval Review ChartHello everyone, I invite you to review the BTC to USDT chart taking into account the four-hour interval. First, we will use blue lines to mark the local triangle in which the price is approaching the exit direction. When we turn on EMA Cross 200, we can see that the price is struggling to stay in an upward trend above EMA Cross 200.
Now let's move on to the distribution of the Fib Retracement grid, and here you can see that the price is based on the support zone from $26,879 to $26,500, when it falls below this zone there is a second support zone from $25,883 to $25,463, and then there is strong support at the price of $24,902.
Looking the other way, in a similar way we can check the resistance areas and here immediately above the price there is a strong resistance zone from $26,915 to $27,461, only when we manage to get out of it and test positively, we can see an increase to the resistance level at $28,162.
Please pay attention to the CHOP index, which indicates that there is still energy to continue the correction, the STOCH indicator is still in the upper part, which may also indicate a deepening correction, while the RSI index, despite the recovery, has room for the price to go a little lower.
ETH/USDT Short-Term ReviewHello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price quickly came back and is currently staying just above the downtrend line.
After unfolding the trend based fib extension grid, we see that we have a strong support zone from $1,594 to $1,581, and then a second zone from $1,568 to $1,551.
Looking the other way, you can see that the price is struggling with resistance at $1,600, but we still have an important zone from $1,627 to $1,639.
Looking at the CHOP indicator, we can see that the energy in the downtrend has been used, while the STOCH indicator also shows the energy used for the price drop, which may result in another increase.