Fibretracementlevel
GASUSDTGASUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be $8.
What you guys think of this idea ?
IRISUSDTIRISUSDT is in bullish momentum and currently trading at strong area of value which is also the 50% fib level. Will it continue its trajectory from this level?
The collected energy was used to lower the price of ETH.Hello everyone, let's take a look at the 4 hour ETH to USDT chart.
Let's start by marking the downtrend line, because you can see that the price has gone above this line but unfortunately has turned back and is now below the trendline.
Now let's move to the support line, as you can see, the first support is around $ 2,759, above which the price is currently hitting, the next support is $ 2,671 and $ 2,582.
We are between the support and the first resistance at $ 2910, the next resistance at $ 3071 and the next at $ 3282.
It is worth paying attention to the CHOP indicator, which shows that the collected energy in the 4-hour interval was used for the price correction.
The BNB price broke the downtrend line and moved back to the treHello everyone
Let's take a look at the BNB / USDT chart on the 1D Interval.
The blue line is a downtrend line that has apparently broken, but the price is back and remains on the trendline.
The first resistance is around $ 402, while the next resistance is $ 386, $ 375.
Looking the other way, the resistance price has to overcome will be at $ 418, if we can break it, the next resistance is $ 445.
The CHOP indicator shows that in the 1-day interval we begin to gain more and more energy.
On the other hand, the MACD indicator shows the intersection of the red line from the bottom with the blue one, which may result in an uptrend.
BTC has exhausted energy on the CHOP indicator.Hello everyone,
Let's take a look at the BTC to USDT 1 day chart.
Let's start by identifying the downtrend line on which the price is currently moving.
Currently, the price is just above the first support at $ 37,874 if we don't defend this level, the next support is $ 35,634 and $ 32,810, the next support is in a fundamental support zone between $ 31,272 and $ 28,798.
The first resistance can be found at $ 40,210, the price of which has already touched and retreated slightly, and the next at $ 42,547 and $ 44,884.
The CHOP indicator shows a lack of energy in the 1-day interval.
Will DOGE use the energy visible on the CHOP indicator to increaHello everyone,
let's do a quick overview of the DOGE / USDT chart on the 1D interval.
As you can see, the price is still below the downward trend line, but we are in a place from which the price has rebounded several times.
It is worth noting that the price is just above the support at $ 0.1406, while the next support is at $ 0.1316 and $ 0.1203.
Looking at the throne of resistance, it is worth setting the closest resistance that we have to overcome for further increases, among others, the first resistance is at $ 0.1451 and the next two at the price: $ 0.1503 and $ 0.1548.
The CHOP indicator shows a large amount of energy, using it to increase the price would give us another rebound in the price.
BNB breaks the downtrend!Hi,
Let's take a look at the BNB / USDT chart on the 4H time frame.
First of all, it is worth looking at the CHOP indicator and paying attention to the fact that the collected energy was used to increase the price, thanks to which we broke the downward trend.
We can designate 3 levels of short-term support at prices: $ 423, $ 417 and $ 411.
On the other hand, looking the other way, it is worth paying attention to the resistance at $ 433.7, and the next resistance should be at the level of $ 445.8.
