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Fibonaccianalysis

Daily review of BNB interval 4HHello everyone, let's take a look at the 4H BNB to USDT chart as you can see the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 276 T2 - $ 282 T3 - $ 287 T4 - $ 292 and T5 - $ 299 Now let's move on to the stop loss in case of further market declines: SL1 - $ 272 SL2 - $ 267 SL3 - $ 263 SL4 - $ 259 and SL5 - $ 253 Looking at the CHOP indicator, we can see that there is a lot of energy in the 4H range, while the MACD indicator shows the local uptrend.
by cryptodailyuk
Daily review of BTC interval 1DHello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, the price is moving below the local downtrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 19,928, if the support breaks down, the next support is $ 18,461. Now let's move from the resistance line as you can see the first resistance is $ 20121, if you can break it the next resistance will be $ 20,619, $ 21,034 and $ 21,471. Looking at the CHOP indicator, we can see that in the 1-day interval we have little energy and the MACD indicator shows a local downward trend.
by cryptodailyuk
2
Elliott Wave Cheat SheetAlthough Elliott Wave Theory is vast subject and needs in depth study, I'm sharing a cheat sheet for those who have started to learn about the same. This should help them in understanding things better. Also, try to correlate the cheat sheet with Nifty50 daily chart and be amazed to see how nicely the Elliott wave principles were followed there in the recent wave. At the same time, please use discretion while following this cheat sheet as this sheet covers only the basic aspects of Elliott Wave principles. Keep (l)earning and keep sharing!!
NSE:NIFTYEducation
by MalayKJ
3
DOT / USDT 4H CHART - targets and stoploss!Hello everyone, let's take a look at the 4H DOT to USDT chart as you can see the price is moving in the local downtrend channel. Let's start by setting goals for the near future that we can consider: T1 = $ 7.06 T2 = $ 7.24 T3 = $ 7.40 T4 = $ 7.55 and T5 = $ 7.77 Now let's move on to the stop loss in case of further market declines: SL1 = $ 6.76 SL2 = $ 6.62 SL3 = $ 6.44 SL4 = $ 6.28 and SL5 = $ 6.13 Looking at the CHOP indicator, we can see that there is a lot of energy in the 4H range, while the MACD indicator indicates that we can enter a local upward trend.
by cryptodailyuk
Daily review of BTC interval 4HHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price is moving below the local downtrend line. Let's start with the designation of the support line and as you can see the first support in the near future is 19385$, if the support breaks down, the next support is $ 19,146, $ 18,661 and $ 18,282. Now let's move from the resistance line as you can see the first resistance is $ 20,475, if you can break it the next resistance will be $ 21,115, $ 21,635 and $ 22,140. Looking at the CHOP indicator, we can see that in the 4-hour interval the energy has been exhausted and the MACD indicator shows that we can continue the downward trend.
Short
by cryptodailyuk
2
Crab Harmonic and Head and ShouldersA bearish Crab Harmonic and a Head and Shoulders. These are actuallythe most reliable chart patterns playing out. Some swing traders seriously considering a double top from Alt-Time-High but before this we have an imponent H&S that became valid from the fulfillment of your pullback to the neckline and really more reliable. So, I'm targeting a reliable level at 14.6% of the Fibonacci retracement. As we can see on this daily chart I'm adding a confluent projection from the prior bearish CRAB Harmonic. This extension of Fibonacci ratio is in fact 1.278 wich is the square root of 1.618 from a AB=CD pattern.
Short
by firmestudio
Daily review of BTC interval 1DHello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 20107, if the support breaks down, the next support is $ 19,375 and $ 18,442. Now let's move from the resistance line as you can see the first resistance is $ 20,501, if you can break it the next resistance will be $ 20,938, $ 21,294 and $ 21,666. Looking at the CHOP indicator, we can see that most of the energy has been used in the 1-day interval, while the MACD indicator shows that we are maintaining an upward trend.
by cryptodailyuk
ETCUSDT - Targets and Stoploss - Interval 4HHello everyone, let's take a look at the 4H ETC to USDT chart as you can see the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can consider: T1 = $ 37.51 T2 = $ 38.41 T3 = $ 39.29 T4 = $ 40.52 and T5 = $ 42.14 Now let's move on to the stop loss in case of further market declines: SL1 = $ 36.49 SL2 = $ 35.58 SL3 = $ 34.90 SL4 = $ 34.19 and SL5 = $ 33.17 Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy, while the MACD indicator indicates that we are entering an uptrend locally.
by cryptodailyuk
1
Daily review of BTC interval 1DHello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, the price is moving below the local uptrend line. Let's start with the designation of the support line and as you can see the first support where the price is currently at is $ 20.02, if the support breaks, the next support is $ 19,401 and $ 18,618. Now let's move from the resistance line as you can see the first resistance is $ 21,068, if you can break it the next resistance will be $ 21,737, $ 22,223 and $ 22,738. Looking at the CHOP indicator, we can see that on the 1-day interval, the energy slowly begins to increase, while the MACD indicator shows that despite the decline, we are in an upward trend.
by cryptodailyuk
3
MATIC/USDT - Targets and Stoploss 4H IntervalHello everyone, let's take a look at the 4H MATIC to USDT chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 0.8986 T2 - $ 0.9035 T3 - $ 0.9085 T4 - $ 0.9152 and T5 - $ 0.9241 Now let's move on to the stop loss in case of further market declines: SL1 - $ 0.8932 SL2 - $ 0.8889 SL3 - $ 0.8847 SL4 - $ 0.8788 and SL5 - $ 0.8714 Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy for the next move, while the MACD indicator shows a local downward trend.
M
by cryptodailyuk
6
LUNAUSD - Targets and Stoploss Hello everyone, let's take a look at the 4H LUNA vs USD chart as you can see the price is moving in the local downtrend channel. Let's start by setting goals for the near future that we can consider: T1 = $ 6.04 T2 = $ 6.54 T3 = $ 6.92 T4 = $ 7.24 and T5 = $ 7.81 Now let's move on to the stop loss in case of further market declines: SL1 = $ 5.46 SL2 = $ 5.18 SL3 = $ 5.01 and T5 = $ 7.81 Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy for the next move, while the MACD indicator shows a local downward trend.
by cryptodailyuk
3
Daily review of BTC interval 4HHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 21,602, if the support breaks down, the next support is $ 21,535, $ 21,447 and $ 21,322. Now let's move from the resistance line as you can see the first resistance is $ 21,668, if you can break it the next resistance will be $ 21,752, $ 21,866 and $ 22,015. Looking at the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy and the MACD indicator shows a local downward trend.
Short
by cryptodailyuk
4