BTC price is by support.Hello everyone, let's take a look at the BTC to USDT chart over the 1 hour timeframe. As you can see, price is moving above the local uptrend line.
Let's start with the line of support and as you can see the first support that the price is currently based on is $ 42,882, if the support breaks down, the next is $ 41,277 and $ 39,644.
Now let's move from the resistance line, as you can see the first resistance is $ 42,989, if you can break it, the next resistance is $ 44819, the next resistance is $ 45,483 and $ 46,092.
Looking at the CHOP indicator, we can see that within 1 hour we start to recover energy.
Fundamentalstrategy
LTC is quickly returning to the local uptrend.Hello everyone, let's take a look at the 1D LTC to USDT chart. As you can see, the price moved below the local trendline and quickly returned to the perfect trendline.
Let's start by designating the support line and as you can see the first support in the near future is $ 112, if the support breaks down, the next one is $ 107 and $ 99.
Now let's move from the resistance line, as you can see the first resistance is $ 117, if you can break it the next resistance will be $ 123 another $ 132 and another $ 144.
Looking at the CHOP indicator, we can see that in the 1D interval we still have a lot of energy to make a move.
BTC in local correction
Hello 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 $ 42,373, if the support breaks, the next one is $ 40,498 and $ 38,693.
Now let's move from the resistance line as you can see the first resistance is $ 46,539, if you can break it the next resistance will be $ 50,774 and $ 55,148.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 1-day interval, it is worth being careful because we may see some bigger movement soon.
FTM has a lot of energy in the 1D interval.Hello everyone, let's take a look at the 1D FTM to USDT Chart. As you can see, the price has dropped below 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 $ 1.28, if the support breaks down, the next ones are $ 1.17 and $ 1.04.
Now let's move from the resistance line as you can see the first resistance is $ 1.44, if you can break it the next resistance will be $ 1.56 and $ 1.68.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 1D interval, you should be especially careful because we may have a lot of traffic in the near future.
The DOT relied on support at $ 20.09Hello everyone, let's take a look at the DOT to USDT chart on the 1D Interval. As you can see, unfortunately the price has dropped a bit below the local uptrend.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 20.09 on which the price is currently based, if the support breaks, the next one is $ 18.95 and $ 17.80.
Now let's move from the resistance line as you can see the first resistance is $ 21.13, if you can break it the next resistance will be $ 23.30 and $ 25.55.
Looking at the CHOP indicator, we can see that in the 1D interval we have a lot of energy to make the next move.
BTC shows a local adjustment.Hello 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 $ 42,373, if the support breaks, the next one is $ 40,498 and $ 38,693.
Now let's move from the resistance line as you can see the first resistance is $ 46,678, if you can break it the next resistance will be $ 50,913 and $ 55,148.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 1-day interval, so it is worth being cautious and watching whether it will not be used to continue the downward movement.
DOGE returned to the area of support at 0.162$.Hello everyone, let's take a look at the DOGE to USDT chart on the 1D interval. 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 $ 0.162, if the support breaks down, the next ones are $ 0.152 and $ 0.143.
Now let's move from the resistance line, as you can see, the first resistance is $ 0.177, if you can break it the next resistance will be $ 0.196 and $ 0.221.
Looking at the CHOP indicator, we can see that in the 1D interval most of the energy has been used up.
Luna is heading to unknown regions.Hello everyone, let's take a look at the LUNA to USDT chart over the course of 1 day. As you can see, the price is moving above the local uptrend line marked in blue.
Let's start with the support line and as you can see the first support is $ 102, if the support is broken, the next support is at $ 91 and $ 82.
Now let's move to the resistance line, as you can see, the first resistance is determined using the Fib retracement which shows the resistance around $ 119 and the next resistance at $ 141.
Looking at the CHOP indicator, we can see that the energy in the 1D interval is at the lower limit.
BTC fights resistance at $ 46,713Hello everyone, let's take a look at the BTC to USDT chart over the 1 day 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 $ 44,617, if the support breaks down, the next one is $ 42,360 and $ 40 ,570.
Now let's move on from the resistance line as you can see the first resistance is $ 46713, if you can break it the next resistance will be $ 50904 and $ 55176.
Looking at the CHOP indicator, we can see that in the 1D interval, the energy begins to gain strength.
Will SOL overcome resistance despite the lack of energy?Hello everyone, let's take a look at the SOL to USDT chart in 1 day. As you can see, price is moving above the local uptrend line.
Let's start with the line of support and as you can see the first support is $ 126.95, if the support breaks down, the next one is $ 117.11 and another one at $ 108.98.
Now let's move from the resistance line, as you can see, the first resistance is $ 139.79 which BNB is currently struggling with, if it can be broken, the next resistance will be $ 155.19 and another one at $ 177.02.
However, it is worth paying attention to the CHOP indicator which shows that the energy in the 1D interval has already been used.
Will BNB break the $ 456 barrier?Hello everyone, let's take a look at the BNB to USDT chart within 1 day. 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 $ 424, if the support breaks down, the next one is $ 404 and $ 388.
Now let's move from the resistance line, as you can see, the first resistance is $ 456, if you manage to break it, the next resistance will be $ 497 and another one at the so-called fibretracement gold point of $ 538 = FIB 0.618.
Looking at the CHOP indicator, we can see that in the 1D interval the energy slowly begins to gain strength.
BTC fights resistance at $ 46,713Hello everyone, let's take a look at the BTC to USDT chart over the 1 day 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 $ 44,617, if the support breaks down, the next one is $ 42,360 and $ 40 ,570.
Now let's move on from the resistance line as you can see the first resistance is $ 46713, if you can break it the next resistance will be $ 50904 and $ 55176.
Looking at the CHOP indicator , we can see that the energy has been used up in the 1-day interval and is only just starting to slowly increase.
$SPY looking bearish or bear trap?$SPY closes on red last Friday after bullish run for the past 10 plus days. this pull back is expected to happened.
in my technical opinion $SPY could possibly continues to pulls back on Monday but the key that I'm looking for is 445-441.11
anything below that price will be bearish move.
if you're feeling bullish, SPY needs to break the 462.28 resistance for bullish continuation.
at this moment, the news has been the same lately about geopolitical and domestic policies. other than that
stand by for possible big news.
Day trade or scalp target play: 04/04 /22
Buy call above 456.20 sell at above 458.80
Buy puts below 448.83 sell at 445.80 or below
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
The 1INCH rebounded from the resistance at $ 2.09.Hello everyone, let's take a look at the 1D 1INCH to USDT chart. 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 $ 1.89, if the support breaks down, the next one is $ 1.75 and $ 1.65.
Now let's move from the resistance line, as you can see, the first resistance is $ 2.09, on which the price has already rebounded, if you manage to break it, the next resistance will be $ 2.30, the next one is $ 2.60 and the next one will be around $ 2.99.
Looking at the CHOP indicator, we can see that most of the energy in the 1D interval has been used up.
The ETH takes up the fight against the first resistanceHello everyone, let's take a look at the 1D ETH to USDT Chart. 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 $ 3204, if the support breaks down, the next one is $ 3003 and $ 2846.
Now let's move from the resistance line, as you can see, the first resistance is $ 3396 which the ETH is currently struggling with, if it can be broken, the next resistance will be $ 3732 and another $ 4,157.
Looking at the CHOP indicator, we can see that the energy has been used up in a 1-day interval and is only just starting to slowly increase.
BTC continues to fight the resistanceHello everyone, let's take a look at the BTC to USDT chart over the 1 day 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 $ 44,617, if the support breaks down, the next one is $ 42,360 and $ 40,507.
Now let's move on from the resistance line as you can see the first resistance is $ 46713, if you can break it the next resistance will be $ 50904 and $ 55176.
Looking at the CHOP indicator, we can see that the energy has been used up in the 1-day interval and is only just starting to slowly increase.
UNI is climbing the local uptrend lineHello everyone, let's take a look at the UNI 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 $ 11.32, if the support breaks down, another one is $ 10.59, then we have a support zone from $ 9.60 to $ 8.38.
Now let's move from the resistance line, as you can see the first resistance is $ 12.28, if you can break it the next resistance will be $ 13.82 and $ 12.28.
Looking at the CHOP indicator, we can see that in a 4-hour period, despite the last move, we still have some energy in the near future.
The FTM continues the local upward trendHello everyone, let's take a look at the FTM 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 $ 1.45, if the support breaks down, the next one is $ 1.37 and $ 1.31.
Now let's move from the resistance line, as you can see the first resistance is $ 1.68, if you can break it the next resistance will be $ 1.86 and $ 2.08.
Looking at the CHOP indicator, we can see that in the 4-hour period, despite the last move, we still have a lot of energy to continue.
BTC struggles with resistance at $ 46.629.Hello 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 $ 44,587, if the support breaks down, the next one is $ 42,318 and $ 40,503.
Now let's move on from the resistance line, as you can see, the first resistance is $ 46,629 which is currently struggling with price, if you can break it, the next resistance will be $ 50,940 and $ 55,175.
Looking at the CHOP indicator, we can see that in the 4-hour interval the energy has been used up and is only just starting to slowly bounce back.
Where are the Channel Traders? AUDCHFHey Traders,
AUDCHF is a very interesting pair. We've broken structure in both directions on the one hour chart. This usually indicates to me that we may start seeing a bit of a range trading opportunity while the market is very conflicted on which way to go.
Obviously the Aussie dollar budget was released yesterday which had a large impact on the market. It still can indicate that were a little unsure where to go being the initial budget release witnessed the market taking negative impact from that, but overall I have a bullish sentiment when looking into the Aussie dollar. We're looking at good employment growth. we have good retail sales data (actually better than expected retail sales data). The PSI is looking really good. So there's a lot of different things that are indicating bullish Aussie dollar.
So as we sit in this range trading area, you can kind of see we've got strong supply up the top. While it's a large supply area, it is strong supply up the top. On the opposite side of the spectrum, we also have very strong demand down the bottom. You can see it pushed that previous higher high in order to break structure prior to moving into this range trading area.
As you can see with the orange box, we have quite a conflicting idea on where the price is going to go. Will we stay inside of this orange box? Will we push up and use the two purple boxes of supply and demand in order to trade sideways? Or am I wrong and are we just going to rip through either one? It's very interesting chart to be looking at and on the long term, as I previously stated, I'm still thinking bullish Aussie dollar. So if anything, I'm going to be looking to buy in these bottom areas of demand to take it to the higher levels.
If you guys have any questions or any comments on this, please do let me know below I reply to them as soon as possible and as always guys have a very profitable trading week.
EURCAD Analysis I It Will Head Upward Welcome back! Here's an analysis of this pair!
**EURCAD - EUR pairs jumped over 100-200 pips in this morning's New York Session following Russia UKraine talks to hopefully end war. We expect for EURCAD to provide a correction near support and further growth to the upside. Realistic targets 3915, 3970, 4013.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
EURJPY Analysis I How to Trade This Week!Welcome back! Here's an analysis of this pair!
**EURJPY - listen to video analysis.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy