BTC/USDT 4HInterval Chart Hello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the four-hour interval. First, we will use blue lines to mark the upward trend channel in which the BTC price is moving, and here it is worth emphasizing the strong upward trend line with yellow.
Looking at a strong upward movement, we will spread the trend based fib extension grid, thanks to which we can determine a strong resistance at the level of $52,719, but here it is also worth using the Fib Retracement grid, thanks to which we will expand the resistance to a strong resistance zone from $52,695 to $55,519.
Looking the other way, we can similarly move on to determining the places of current support. And as we can see, the level of $46,056 will be important, then it is worth marking the zone from $43,552 to $41,763, where the price has bounced many times, and the level around $39,463 will be important.
Please look at the RSI indicator, because you can see that we are approaching the downtrend line for the third time, which may affect the end of the upward movement. Also, when we look at the STOCH indicator, we can see how it has gone beyond the upper limit of the range, which may also translate into a needed recovery in the coming hours, which does not mean that we will not see another price increase sooner.
Dailyanalysis
ETH/USDT 4HInterval Chart ReviewHello everyone, I invite you to review the ETH pair to USDT chart, also on a four-hour time frame. Let's start by determining the downward trend line from which the price moved sideways, but currently we can similarly determine, but this time a local upward trend, over which the price remains.
Also, when we turn on EMA Cross 10 and 30, we will see a confirmation of the return to the upward trend, which is maintained for now.
Looking at the current increase, when we unfold the trend based fib extension tool, we will see how the price is fighting the resistance at $2,550, but it is also worth defining the resistance zone from $2,658 to $2,790, which the price must test before moving for new ATH.
Looking the other way, we can similarly mark places where the price should meet support. And here you can see that the first significant support is at the level of $2,354, and then you can see a significant zone from $2,223 to $2,131.
On the RSI indicator, we can see that recovery ends with upward impulses that are higher than the decline itself, but on the STOCH indicator, we can see a quick depletion of energy, which results in a halt to the upward movement and a slight recovery.
BTC/USDT 1hInterval Chart ReviewHello everyone, let's take a look at the BTC to USDT chart on the 1 hour time frame. As you can see, the price is starting to break out of the local upward trend line.
After unfolding the trend based fib extension saitka, you can see support at the level of $48,068, then at $47,738, and then at the price of $47,213.
Looking the other way, there is resistance at $48,580, followed by strong resistance at $48,994.
The RSI indicator, similarly to the STOCH indicator, has room for further price recovery.
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ETH/USDT 1D Interval Chart I invite you to review the chart of ETH in pair with USDT, also on a one-day time frame. We will start by identifying the first downward trend line, from which the price moved strongly upwards, and currently we can see that we are moving along the upward trend line.
After turning on the EMA Cross 10 and 30 indicator, you can see the red line breaking through the green EMA Cross 30 line from below, which indicates a re-entry into the upward trend.
Looking at the current rebound and price increase, we will unfold the trend based fib extension tool, we can see a strong resistance at the level of $2,630, and when we manage to break it and test it positively, we can get an upward impulse to the strong resistance zone from $3,113 to $3,371.
Looking the other way, we will again decompose the saitke trend based fib extension, we can see the support zone from $2,236 to $2,104, while further we may get a strong downward impulse towards the support level of $1,725.
When we look at the RSI indicator, we can see that we are again approaching the resistance line, above which there is room for greater growth, but on the STOCH indicator, we have a movement above the upper limit, which may affect the current slowdown in growth.
Will BTC positively test the resistance?Hello everyone, let's take a look at the BTC to USDT chart on a four-hour time frame. As you can see, the price is moving above the local uptrend line.
After unfolding the fib retracement grid, you can see that the price is testing the resistance at $4,677, but there is still a very strong resistance at $49,070.
Looking the other way, you can see support at $44,217, then at $42,122, and then a support zone from $40,523 to $38,576.
Please look at the RSI because, similarly to the STOCH indicator, you can see movements above the upper limit, which affects the price recovery.
Algorand(ALGO): Good Time To Buy?Algorand seems to be having a pretty decent bounce from the daily 200EMA, which can be a start to a good potential upward movement here.
We are looking for those upper target zones as long as we are above 200 EMA; upon breaking the 200 EMA, we will most likely see a sharp movement to the lower zones!
Swallow Team
BTC/USDT 4H ChartHello 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.
After unfolding the Fib Retracement saitka, you can see that the price is struggling with the resistance at the level of $45,050, while there is still strong resistance at the level of $46,766.
Looking the other way, you can see support at $42,816, and then the second support at $41,160.
The RSI shows a rebound from the upper limit, which gives a slight rebound, while the STOCH indicator still remains above the upper limit, which may result in a greater price recovery.
BTC/USDT 4HInterval Chart ReviewHello everyone, I invite you to check the current situation on BTC in pair with USDT, taking into account the four-hour interval. First, we will use blue lines to mark a strong downward trend channel from which the price moved sideways, from which we can determine a local upward trend.
Looking at the current price consolidation, it is worth deploying the Trend Based Fib Extension tool, thanks to which we can determine the resistance to which the price is approaching at the level of $ 43,942, when it comes out on top and tests it positively, it may go towards the next strong resistance at the price $45,193. However, the price still has to face a very strong resistance zone from $46,094 to $47,220.
Looking the other way, in a similar way, you can determine support when the price changes the direction of movement. And here, first of all, it is worth defining a strong support zone from $42,501 to $41,721, and then we can see support around $40,481, which is the first support after returning to the sapping trend channel.
The RSI indicator shows that we have broken out of the downtrend line, with room for the price to go further. And when we look at the STOCH indicator, we will see that it also has room for further growth, and just like the RSI indicator, it came out on top from the sapping trend line.
USDCHF, Daily perspective (Important caption)
By studying the USDCHF on a daily time frame we can see the price reached the rejection block and had a bullish reaction, then the price created a high on 23 January that is located below the bearish order block which was created on the 0.5 level of Fibonacci.
So we have a liquidity pool formed as an equal high below the bearish order block.
In addition, we can define the important supply zone which formed between 0.705- 0.79 level of Fibonacci.
In both zones, we can search for a sell position in a lower time frame.
💡Wait for the update!
🗓️06/02/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
BTC Short-Term 1HHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price dynamically returned to the downward trend lines.
After unfolding the Fib Retracment saitka, you can see that the price has returned to the strong support zone from $42,517 to $42,227.
Looking the other way, you can see resistance at $42,940, and then a significant zone from $43,355 to $43,571.
The RSI indicator still shows room for a downward move, similarly to the STOCH indicator, but it is approaching the lower limit, which could have resulted in a slowdown in the decline.
ETH/USDT Short-Term 1HIntervalPlease see the ETH chart on a one-hour interval. As you can see, the price remains below the downtrend line.
After unfolding the Fib Retracement grid, you can see the support zone from $2,259 to $2,239, followed by strong support around $2,183.
Looking the other way, we will mark the resistance zone from $2,298 to $2,333, and then the resistance at $2,391.
The RSI shows how the indicator has rebounded from the downward trend line, with room for a larger decline, while the STOCh indicator still has energy for a downward move.
BTC/USDT 1HInterval ChartHello everyone, let's take a look at the BTC to USDT chart on an hourly basis, as you can see we are staying above the local upward trend line.
After unfolding the trend based fib extension, you can see support at the level of $42,443, and then you can see the zone from $42,001 to $41,679.
Looking the other way, you can see the price struggling with the resistance zone from $42,977 to $43,275, and then resistance at $44,139.
There is room for growth on the RSI, but the STOCH indicator is moving at the upper limit, which may translate into a rebound.
BTC/USDT 1HInterval ChartHello everyone, I invite you to check the current situation on the BTC to USDT chart, taking into account the one-hour interval. It is worth starting here by marking the local upward trend line with the yellow line, which, as you can see, has kept the price from falling further for the fourth time.
After turning on the EMA Cross 10 and 30 indicator, we will see the red line 10 crossing the green EMA cross 30 line from below, which confirms the local upward trend.
Looking at the current growth, we will unfold the trend based fib extension grid to identify potential resistance points. And here you can see that we are approaching the resistance level of $43,752, then we have resistance at $44,130, and then strong resistance around $44,613.
Looking at the RSI indicator, there is still room for the price to make a larger upward move, but lower on the STOCH indicator, we can see that we have exceeded the upper limit, which may have the opposite effect and the price will recover.
Taking into account the trend change scenario, we will again use the grid to determine the support at which the price may stop. And here we can see significant support at the level of $43,069, while further we should consider the support zone from $42,454 to $42,125.
AUDCAD,🟢Bullish scenarios🟢 (Read the caption)
Well, the price reached the extreme demand zone in the daily chart.
As you can see the price created the liquidity pool above the demand zone and had a bullish reaction after sweeping the liquidity and hitting the demand zone.
Now, we can expect two different scenarios for uptrend.
1. The price can start rising from here because it hit an important level and had a bullish reaction.
2. The price can re-test the lower demand zone that is clear and untouched.
In both scenarios, we can define the previous high as a first target and the liquidity above equal highs as a final target.
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🗓️31/01/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
BTC/USDT 4HInterval ChartHello everyone, I invite you to review the BTC to USDT chart, taking into account the four-hour interval. Here we will also start by defining an upward channel, this time from which the price broke out at the bottom and the decline itself was ultimately close to the height of the mentioned channel.
Next, you can see how the price moved upwards from the downtrend line, creating the current local uptrend line.
At this point, when we turn on Ema cross 10 and 30, we will see confirmation of the continuation of the local upward trend, which does not indicate a change in the trend.
Looking at the current increase, we will unfold the fib retracement grid, thanks to which we can see how the price is fighting in a strong resistance zone from $42,501 to $43,609, only when it comes out on top and tests positively, we will be able to see a further move towards the next strong resistance at $46,707.
Looking the other way, we will start by identifying support at $41,520, then we can see support at $40,426, at which the price has bounced many times, and we still have strong support at $38,636.
Please look at the RSI indicator as it shows a drop below the uptrend line and an attempt to come back. However, the STOCh indicator is again approaching the upper limit, which results in the suspension of the upward movement.
BTC/USDT 1HInterval Chart ReviewHello everyone, I invite you to a quick review of BTC on an hourly basis. As you can see, the price dropped below the local upward trend line.
After unfolding the trend based fib extension grid, you can see how the price is struggling under support, if it starts to go further down, the next one is at $41,473, and the next strong one is at $40,640.
Looking the other way, there is a significant resistance zone from $42,425 to $42,767, followed by resistance at $43,318.
On the RSI, despite the decline, there is room for a further price drop, while on the STOCH indicator we are again at the lower limit, which slows down the correction.
BTC/USDT 1HInterval 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 remains above the local upward trend line.
After unfolding the Fib Retracement grid, you can see that the price has returned to the strong resistance zone from $41,419 to $42,198, when this zone is broken, there is still strong resistance around $44,448.
Looking the other way, it is worth marking support at the level of $40,376, and further significant support is at the level of $38,534.
The RSI indicator, similarly to the STOCH indicator, shows a rebound from the upper limit, which should translate into a price recovery.
My forecast on EURUSD a.k.a Fiber going into week 22-26 JanuaryGoing into next week I anticipate higher prices on Fiber reaching into the orderblock indicated. If there is a daily close above the orderblock I would anticipate price to go through the buyside liquidity. You can use this trade idea to look for long setups using your strategy. The dollar also shows signs of willingness to go lower which supports this idea.
BTC/USDT 1HInterval Chart Short-TermHello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the one-hour interval. Let's start by defining in yellow the downward trend lines under which the price remains. Now we can use blue lines to mark the local channel of the sideways trend, the break from which resulted in a decline close to the height of the channel.
Now we can move on to marking support areas in the event of a correction. And here, first of all, you can see that the price remains below the support level of $41,362, but now it can start moving towards the next support level of $39,965.
Looking the other way, we can determine resistance locations in a similar way using the Fib Retracement tool. And here we can see the first resistance at $41,792, then we can see resistance around $42,487, and then it is worth defining the resistance zone from $42,974 to $43,603.
Please pay attention to the RSI indicator because you can see that there has been a slight upward price movement, the indicator has returned to the middle of the range and we have a visible rebound, while the STOCH indicator shows that we have exceeded the upper limit, which resulted in a price drop, but at this point we can see a dynamic movement down with room for the price to go a little lower.
AUDUSD: Daily Long Signal - 24-01-18AUDUSD: Daily Long Signal - 24-01-18
Set-up: D AC.4
Entry Price: 0.65700
Take Profit: 0.66720 120 PIP gain
Stop Loss: 0.65100 60 PIP Stop Loss
Risk To Reward: 1 % For a 1.7 % Return
Could use a dynamic stop loss and take profit but that's my own personal strategy.
I Also could scale in with my trade plan as well.
Once All risk is off the table
BTC/USDC Short-TermHello 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 dropped significantly and remains below the downtrend line.
After unfolding the trend based fib extension grid, you can see support at $40,602, and then strong support at $39,217.
Looking the other way, we have resistance at $41,476, the second at $41,936, and the third strong resistance at $42,664.
The RSI shows room for the price to go lower, while the STOCH indicator is approaching the lower limit, which stopped the price decline.