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Daily review of BTC interval 4HHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the interval of four hours. First, we will use blue lines to mark the local uptrend channel in 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 at the price of $ 24,129, when the price drops lower, the second support is at $ 23,789, then at the price of $ 23,434 and $ 22,952. Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. We will first mark support at $24,825, when it breaks, then we have second support at $25,300, then support at $25,741, and then support at $26,404. Please pay attention to the CHOP index, which indicates that we are gathering energy again, the MACD indicator indicates entering a local downtrend, while the RSI shows a visible rebound, but we are still moving in the upper part of the range.
by cryptodailyuk
DOT / USDT 4H CHART - Targets and Stoploss!Hello everyone, let's look at the DOT 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, first we have a support zone from $6.66 to $6.57, if the support is broken then the next support is $6.45 and $6.29. Now let's move on to the resistance line, but first we have a resistance zone of $6.82 to $6.95, if we manage to break it, the next resistance will be $7.08 and $7.27. Looking at the CHOP indicator, we see that most of the energy has been used, the MACD is close to entering a downtrend, while the RSI indicates a strong reaction, which creates room for increases.
by cryptodailyuk
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GOLD new lows?SAXO:XAUUSD English: Hey traders, at the moment, I'm eyeing a move back to the main level of 1900 in gold. In the 4-hour view, gold has reached new lows and is forming a small downtrend. I recommend using the Fibonacci tool to analyze the gold chart. If we apply the tool in the 4-hour view, we can see it has come directly to the 61.80% level and has been slightly rejected there. If the 4-hour gold candle closes around 1928, we may also see a bearish candle formation, further strengthening our confidence. Deutsch: Im Moment suche ich eine Rückbewegung zum Hauptniveau von 1900 bei Gold. Im 4-Stunden-Chart sehen wir, dass Gold neue Tiefststände erreicht hat und einen kleinen Abwärtstrend bildet. Daher empfehle ich die Verwendung des Fibonacci-Tools, um den Gold-Chart zu analysieren. Wenn wir das Tool im 4-Stunden-Chart anwenden, sehen wir, dass es direkt auf das 61,80% Niveau gekommen ist und dort leicht abgelehnt wurde. Wenn die 4-Stunden-Goldkerze um 1928 geschlossen wird, können wir auch eine bärische Kerzenformation sehen, was uns weiteres Vertrauen gibt.
SAXO:XAUUSDShort
by NeptenFX
Dollar reversal or retracement?TVC:DXY English: Hey Traders, I'm currently looking at the 4-hour chart of DXY. Due to the negative news on 01/31/23, we saw a retreat from new highs to the main level of 102.000. I think this could be the start of a new uptrend for the dollar. For tomorrow, I see a bounce at the 4-hour fib. to possibly 102.900 at best. But for this, the dollar news must also be positive. Otherwise, we could return to the lows of 101.600, I think. However, there's important news tomorrow. So be cautious! These news can change direction rapidly! German: Aktuell schaue ich mir den 4-Stunden-Chart des DXY an. Aufgrund der schlechten Nachrichten vom 31.01.23 sahen wir einen Rückgang von den neuen Höchstständen auf das Hauptniveau von 102.000. Ich denke, dass dies der Beginn eines neuen Aufwärtstrends für den Dollar sein könnte. Für morgen sehe ich einen Anstieg am 4-Stunden-Fib. auf vielleicht 102.900 im besten Fall. Aber dafür müssen auch die Dollar-Nachrichten gut sein. Andernfalls können wir zurück zu den Tiefstständen von 101.600 zurückkehren, denke ich.
TVC:DXYLong
by NeptenFX
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