Get started

Dailyanalysis

BTC/USDT 4H Interval 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 blue lines to mark the sideways trend channel in which the price approached the upper limit. At this point, it is worth determining the height of the channel, because when the price confirms the upper exit and tests it, the increase may be similar to the height itself. Next, it is worth marking the local downward trend line from which the price dynamically went up. Now we can move on to marking support areas in the event of a correction. And here, after unfolding the Fib Retracement grid, it is worth marking the support zone from $26,513 to $26,200 first, but when we fall below this zone, we have a second strong zone from $25,893 to $25,462, and then strong support at $24,909. Looking the other way, we can determine resistance areas in a similar way. First, we will mark a strong resistance zone, in front of which the price is located from $26,910 to $27,453, when the price breaks out of this zone and then holds it, we can see an attack on the resistance at the price of $28,151 before further increases. At this point, it is worth turning on EMA Cross 200 and, as we can see, the price was above the moving average of 200, which indicates a return to the upward trend, but it is important that this level is positively tested. Please pay attention to the CHOP index, which indicates that there is still some energy left, the RSI shows a visible increase and there is some room for the price to go higher, but the STOCH index clearly shows that the upper limit has been clearly exceeded, which also resulted in a deceleration of the growth and a visible rebound in order to regain gathering energy.
by cryptodailyuk
5
BTC/USDT 4HInterval Review Hello everyone, I invite you to every Friday cryptocurrency review. Let's start by checking the current situation on the BTC to USDT pair, taking into account the four-hour interval. First, we will use the yellow line to mark the downward trend line from which the price has gone up and is currently staying just above the line. However, it is still worth marking the side trend channel to which the price has returned with blue lines. 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 from $26,233 to $25,851, but when we fall below this zone, we have a second strong zone from $25,468 to $24,920, and then support at $24,218. Looking the other way, we can determine resistance locations in a similar way using the trend based fib extension tool. First, we have resistance at $26,647, then it is worth marking the resistance zone from $27,019 to $27,329, when the price breaks it, we have the second zone from $27,629 to $28,073, and then resistance at $28,631. Please pay attention to the CHOP index, which indicates that the energy in the downward movement has been used up and is currently slowly growing, the RSI showed a rebound to the lower limit and we are currently rebounding, while the STOCH indicator also confirmed the exhaustion of energy in the downward movement, which stopped a further price decline in this movement.
by cryptodailyuk
BNB/USDT 1H Review ChartHello everyone, let's take a look at the BNB to USDT chart on a one hour time frame. As you can see, the price has fallen below the local uptrend line. After unfolding the Fib Retracement grid, we see that the price remains just above the support zone from $210 to $207, but when we fall lower, the next support is at $203. Looking the other way, we see that the resistance at the level of $212 rejects the price, but then we have a significant resistance zone from $216 to $218, and then the resistance at the level of $221. Looking at the CHOP indicator, we see that there is still a lot of energy for the move, and on the RSI indicator, despite a very small increase on the chart, we see an increase on the indicator, which may result in a small price increase in the coming hours.
by cryptodailyuk
2
BTC/USDT 1H Chart Review Short-TermHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As we can see, the price breaks sideways from the local upward trend line. When we unfold the Fib Retracement grid, we see that the price maintains support at $26,513, while it is worth marking the support zone from $25,897 to $25,454. Looking the other way, we will similarly check the resistance areas and here we can see that the first resistance appears at the level of $26,624, then we have a resistance zone from $27,067 to $27,255, and then resistance at the level of $27,506. Looking at the CHOP indicator, we see that there is still a lot of energy for the upcoming move, while on the RSI indicator, despite a slight price movement, we see a visible increase, which reduces the scope for possible increases in the coming hours.
COINBASE:BTCUSD
by cryptodailyuk
1
BNB/USDTShort-Term 1H ReviewHello everyone, I invite you to review the BNB/USDT chart. As we can see, the price has broken down from the upward trend channel, and currently we remain below the downward trend line, and what's more, when we look at the EMA Cross 200, we see that we have also fallen below the moving average, which means a return to the downward trend. Let's start by marking support points for the price and we can see that first we have a support zone in which the price stays from $212 to $209, but if the price drops lower, the next support is at $206.4. Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the current rebound was reversed before it reached the first resistance zone from $213 to $215, then we have resistance at $217.8, and then a strong resistance zone from $219 to $222, where the price ended the previous move growth. The CHOP Index indicates that most of the energy is currently being used. On the RSI, we are reflecting from the mid-range border, at which the price is declining, while on the STOCH indicator we have confirmation that when the energy reached the upper limit, the price rebounded and we are currently in the energy loading trend.
by cryptodailyuk
2
ETH/USDT 1HInterval Review ChartHello everyone, I invite you to review the ETH pair to USDT chart, also on a one-hour time frame. First, using the yellow line, we will mark the local upward trend from which the price broke down. At this point we can see that the break from the trend line also resulted in a drop below the EMA Cross 200, indicating a return to the downtrend. Now let's move on to marking the support places. We will use the Trend based fib extension tool to mark supports, and as you can see, first we can mark the support zone from $1,583 to $1,560, but if we fall below this zone, we may see a drop to the strong support level of $1,530. Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here you can see that the price has been reduced by the resistance at the level of $1,600, when it overcomes it we have the second resistance at the level of $1,620, then we have the third resistance at the level of $1,637, and going further, it is worth defining a strong resistance zone from $1,654 to $1,677. The CHOP Index indicates that most of the energy has been used. the RSI indicator shows an increase towards the middle of the range, which indicates that there is still room for price increases, while the STOCH indicator has exceeded the upper limit and we are currently recovering and gathering energy for a new move, which confirms that the growth on the chart has stopped.
by cryptodailyuk
BTC Short-Term 1HInterval ReviewHello everyone, I invite you to review the BTC to USDT chart, taking into account the short time frame of one hour. First, we will use the yellow line to mark the downward trend from which the price has gone up, entering the upward trend channel which we can use the blue lines to define. As we can see, the price is moving at the lower border of the mentioned channel. When we turn on the EMA Cross 200, we can see a drop below the blue moving average line 200, with which the price is currently struggling to stay in the upward trend. Going further, we will check support areas for the price when the correction begins to deepen. For this purpose, we will use the Trend Based Fib Extension tool and after unfolding the grid, we see that the price remains in the support zone from $26,725 to $26,249, when we exit the upward channel at the bottom and fall below this zone, we have a second support zone from $25,861 to $25,472 , and we still have strong support at $24,930. Looking the other way, we can determine resistance areas in a similar way. And here you can immediately see that just above the current support zone, a strong resistance zone begins from $26,840 to $27,371, only when the price breaks out of it and maintains it positively, will we see a move towards the support at $28,044. Please pay attention to the CHOP index which indicates that we have a lot of energy to use, the RSI shows a visible increase towards the middle of the range, which indicates that there is still a lot of room for a price increase, but at this point it is worth looking at the STOCH indicator where the energy was used in an upward movement, which is why you should be careful because it may result in another price rebound or, in a better scenario, a temporary sideways trend.
by cryptodailyuk
3
BTC/USDT Short-Term ReviewHello 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 moving above the local downtrend line. After unfolding the Fib Retracement grid, we have a visible support zone from $26,493 to $26,192, then a second strong zone from $25,891 to $25,455, and then strong support at $24,884. Looking the other way, we have a strong resistance zone from $26,916 to $27,463, which has rejected the price increase, but when it is broken, there is still strong resistance at $28,181. Looking at the CHOP indicator, we see that the energy has been used, and on the RSI we have a strong rebound to the lower limit, which stopped further declines.
by cryptodailyuk
Daily BTC/USDT Review ChartHello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the one-day interval. First, we will use the yellow line to mark the upward trend line from which the price came out at the bottom, while the local orange line can mark the local downward trend line. When we turn on EMA Cross 200, we can see that we are currently making a second attempt to return to the upward trend, but there is a visible struggle to positively adjust the level. 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 that kept the price from falling further from $25,670 to $24,235, but when we fall below this zone, we can see a drop to around $22,195, and then we have strong support at $19,519. 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 $26,497 to $27,517, where the price is currently fighting at the upper limit, when it is overcome, we have a second strong zone from $29,172 to $30,330. When we manage to overcome these two zones, we will go towards the resistance at $31,764. Please pay attention to the CHOP index, which indicates that we still have energy to continue the movement, on the RSI we have a visible increase to the upper part of the range but there is still room for the price to go higher, however, on the STOCH indicator we have visible energy consumption, which may indicate a sideways trend or an attempt to recover and, consequently, a price drop.
by cryptodailyuk
1
BNB/USDT 4HIntervalHello everyone, let's take a look at the BNB to USDT chart on a 4-hour time frame. As you can see, the price has moved higher from the local downtrend line. After unfolding the Trend Based Fib Extension grid, we see that first there is a support zone from $213 to $207, and then we have a second strong zone from $199 to $193. Looking the other way, we see that the price has been rejected by the resistance zone from $217 to $221, then there is resistance at $226, another at $232, and the next one at $240. Looking at the CHOP indicator, we see that there is a lot of energy to be used for movement, on RSI we are in the process of recovery with room for further decline, but the STOCH indicator indicates that the energy in movement is running out, which may impede a further price drop.
by cryptodailyuk
1
XRP/USDT 4H Review ChartHello everyone, let's take a look at the XRP to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local downtrend line. After unfolding the trend based fib extension grid, we see that first we have a support zone from $0.49 to $0.48, and then we have a second zone from $0.46 to $0.44. Looking the other way, we can see that the price has broken out of strong resistance and is struggling to maintain its position, while we still have resistance at $0.53, and then strong resistance at $0.58. Looking at the CHOP indicator, we see that there is still energy to continue the movement, while the RSI shows a visible increase, but there is some room for the price to go slightly higher.
by cryptodailyuk
2
LTC/USDT Review ChartGoing further, we will check what the situation on LTC looks like, taking into account the four-hour interval. let's start by marking the downward trend channel with blue ones, from which the price went up and started moving along the local upward trend line, above which it is currently staying. At this point, it is worth marking the first and current second attempt to return above ema cross 20o to the upward trend, which has been rejected at this time. After unfolding the Trend Based Fib Extension tool, we can mark the first support zone from $64.86 to $62.94, then we can mark the second zone from $59.85 to $57.66, and then strong support at $54.84. Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that currently the price has been rejected by the resistance zone from $66.70 to $69.17, only when it is broken we will see an attempt to attack the resistance at $72.30. The CHOP index indicates that most of the energy has been used, on the RSI we approached the upper limit, to which the chart reacted with a price recovery, while the STOCH indicator indicates that currently the energy needs to recover before the price increases further.
by cryptodailyuk
ETH/USDT 4HInterval Review ChartHello everyone, I invite you to review the ETH pair to USDT chart, also on a four-hour time frame. First of all, we can use the blue lines to mark the downward trend channel from which we could see the exit from the top and we are currently moving above the local upward trend line. However, it is worth noting that at this point it was not possible to break out of the moving average of 200, which indicates that the downward trend remains. Now let's move on to marking the support places. To mark supports, we will use the trend based fib extension tool, and as you can see, first we have a support zone from $1,618 to $1,587, then we will mark the second visible zone from $1,563 to $1,537, and then the third strong zone from $1,500 to $1,454. Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here we have the first very strong resistance at the price of $1,652, which has currently rejected the price increase, then we have to overcome a strong resistance zone from $1,685 to $1,727, only after going higher and testing this zone will we see further increases. Index CHOP indicates that energy has been used. On the RSI, despite room for growth, the correction on BTC also had an impact on the entire market, which resulted in a price recovery, while the STOCH indicator showed energy consumption, which resulted in a quick recovery.
by cryptodailyuk
2
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 is moving above the local downtrend line. After unfolding the Fib Retracement grid, we see that the price remains at the upper limit of the support zone from $1,625 to $1,607, then we have the second zone from $1,577 to $1,557, and then strong support at $1,530. Looking the other way, we have to overcome a strong resistance zone from $1,640 to $1,669, and after breaking above it, we can see a strong upward movement to around $1,755. Looking at the CHOP indicator, we see that there is little energy left for the next move, while the RSI indicator shows a return to the lower part of the range, but with room for the price to fall lower.
by cryptodailyuk
2
BTC Short-Term 1HInterval ReviewHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price has moved higher from the local downtrend line. After unfolding the Fib Retracement grid, we can determine a support zone from $26,422 to $26,132, then we have a second zone from $25,656 to $25,320, and then strong support at $24,885. Looking the other way, we see that the price has turned back before the resistance zone from $26,918 to $27,461, when we overcome it, we have another very strong resistance at the price of $28,160. Looking at the CHOP indicator, we see that the energy is running out, while the RSI indicator is back near the middle of the range, which gives room for a new increase, but it is worth waiting for the energy to regain.
by cryptodailyuk
1
ETH/USDT 1DInterwal Review ChartHello everyone, I invite you to review the ETH to USDT chart on a one-day time frame. As we can see, the price has crossed the bottom of the upward trend lines, but currently we are staying at the lower border of the downward trend channel marked with blue lines. As we can see, the price behaves similarly to the BTC price and remains just below the blue EMA Cross 200 line, remaining in a downward trend. When we spread the FIB Retracement grid, we can determine a support zone from $1,609 to $1,482, which maintained the price during the correction, but when we fall below this zone, we still have support at $1,304, and then we can see a strong decline to the support level of $1,073 . Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the price does not have the strength to cross the resistance zone from $1,676 to $1,765, then we have a second smaller zone from $1,836 to $1,908, and then a third, very strong resistance zone from $2,010 to $2,139. The CHOP index indicates that there is energy to make another move, on the RSI we are moving in the lower part, but you can see that a small price movement gives a large movement on the indicator, while the STOCH indicator shows the use of energy for an upward movement in which we can see the price going up a little more up.
by cryptodailyuk
BTC/USDT 1DInterval ReviewHello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the one-day interval. First, we will use the yellow line to mark the upward trend from which the price came out at the bottom, while currently we are moving under the orange line which indicates that the downward trend remains. Now we can move on to marking support areas in the event of a correction. And here, first of all, it is worth marking a strong support zone from $25,679 to $24,249, which has so far kept the price from further declines, but when we fall below this zone, we may see a drop to the area of $22,184, and further even to the support area at the price of 19,529 $. 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 $26,541 to $227,585, which the price cannot cope with for now, when it manages to overcome it, we have the second zone from $29,196 to $30,376. When we manage to overcome these two zones, we will go towards the resistance at the price of $31,873, only when the price positively tests it will we be able to see further increases. When we turn on the EMA Cross 200, we see that the price is again approaching an attempt to attack the blue line, which could result in a return to the upward trend. Please pay attention to the CHOP index, which indicates that we have more and more energy for the upcoming move, on the RSI we are moving around the middle of the range, which may result in a price recovery, while the STOCH indicator indicates that the energy of the upward movement is running out, which may also translate into price recovery before further increases.
by cryptodailyuk
1
BTC 1H Interval 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 has moved higher from the local downtrend line. After unfolding the Trend Based Fib Extension grid, we see that we have a support zone from $26,040 to $25,573, and then we can designate a second strong support zone from $25,193 to $24,802. Looking the other way, we see that the price is trying to overcome the resistance at $26,741, and when it does, it will move towards the resistance zone from $27,231 to $27,879. The CHOP index indicates that most of the energy was used in the current move, on the RSI we are moving in the upper part of the range and reversals give room for growth, while the STOCH indicator indicates that the energy in this move has been used, which may provide a moment of recovery.
by cryptodailyuk
2
BNB/USDT 1DInterwal Review ChartHello, I invite you to review the BNB chart taking into account the one-day time frame. As we can see, the price is still in the downtrend channel marked with blue lines. When we unfold the Trend Based Fib Extension grid, we see that the price remains in a strong support zone from $212 to $205, but when we fall lower we have a second zone from $199 to $189, and further we can see the price drop to the support level of 176 $. Looking the other way, we can similarly determine the resistance areas that the price must face. And here it is worth marking the main strong resistance zone from $229 to $244, only when the price goes above it and tests positively will we see an increase to the area of strong resistance at $270. The CHOP index indicates that energy is slowly gaining strength. On the RSI we are moving in the lower part of the range, which should bring an increase in the price in the coming days, while on the STOCH indicator we also have a lot of room for the price to start growing, which may have a positive impact on the valuation of BNB.
by cryptodailyuk
3
ETH/USDT 4HInterval ReviewHello 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 in which the price is currently moving and, as we can see, we have another attempt to exit the prevailing downward channel. Now let's move on to marking the support places. We will use the Trend Based Fib Extension tool to mark supports, and as you can see, the first one we have is a support zone from $1,575 to $1,544, which has kept the price from falling further, and then we have a second strong support zone from $1,493 to $1,457. Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here we have resistance at the level of $1,606, then there is a strong resistance zone from $1,628 to $1,683, if it manages to break out of it, the price must overcome the resistance at $1,726 before further increases. The CHOP index indicates that there is a lot of energy for a move, there is a visible increase on the RSI and there is room for the price to go higher, while the STOCH indicator indicates that there is no energy for an upward move, which may result in an increase in the price and then a slight rebound to gain energy.
by cryptodailyuk
BTC/USDT 4HInterval Review ChartHello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the four-hour interval. First of all, we will mark the side trend channel with blue lines, in which, as we can see, the price tried to go up, but quickly returned to the channel and currently the attempt to leave the channel down also ended with the price quickly returning to the side trend channel. When we turn on EMA Cross 200, we see that the price is still in a downward trend under this line, but an upside exit from EMA Cross 200 may result in an upside exit from the channel and a return to the uptrend. Now we can move on to marking support areas in the event of a correction. For this purpose, we will use the Trend Based Fib Extension tool and we can see that first we have a support zone from $25,760 to $25,287, then we have a second zone which has kept the price from falling further from $24,901 to $24,515 for now. Looking the other way, we can determine resistance areas in a similar way. First, we will mark the resistance zone from $26,093 to $26,466, when it is overcome, we have resistance at the level of $26,839, which is located at the upper border of the side trend channel, and when it is overcome, we have a second zone from $27,365 to $28,037, only when the price tests it positively, it will be able to go up further. Please pay attention to the CHOP index which indicates that the energy for growth is slightly increasing, on the RSI we are moving in the upper part, which may result in a slight recovery, while the STOCH indicator also indicates that the energy for growth is running out, which may result in a slight price recovery.
by cryptodailyuk
2
BTC Short-Term Review 1H ChartHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As we can see, the price moved upwards from the local downtrend line. After unfolding the Fib Retracement grid, we see that first we have a support zone from $25,994 to $25,787, then support at $25,618, then a second zone from $25,452 to $25,210, and then support at $24,906. Looking the other way, we are in the resistance zone from $26,113 to $26,450, after breaking higher we can see an increase to the resistance at $27,390. As we can see, every energy collected on the CHOP index is used for growth, on the RSI we have reached the upper limit, and the STOCH index has also exceeded the upper limit, which may result in a slowdown in the current growth and a moment of recovery before further growth.
by cryptodailyuk
2
LTC/USDT 4H Chart ReviewI invite you to review the LTC to USDT chart also on a four-hour interval. At the beginning, we can use the blue lines to mark the downward trend channel in which we move along the lower border. Let us now move on to determining supports for the LTC price in case the current correction deepens and here we can notice that we are at the support level of $59.12, but if we break out of it below, the next support will be at $55.99. Looking the other way, similarly using the fib Retracement tool, we can determine the resistance areas that the price must face. And here we see that the first resistance zone is from $61 to $63, then we have the second zone from $64 to $66, then resistance at $68.18, and then strong resistance at $70.69. The CHOP index indicates that the energy has been used up and is slowly growing, on the RSI we exceed the lower limit, which may end the current correction or slow it down, while looking at the STOCH indicator we see that the energy is running out, which can also give us a moment of rest before further movement.
by cryptodailyuk