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Resistance_level

ETHUSDT is testing the 4h resistancesthe price tested the monthly support where the market got new liquidity as I told you in my previous idea. Now the price is testing the 4h resistances, as you can see on the left, the price has several structures on that area. How to approach it? The price needs to create a new breakout from it, and retest the 2k resistance as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
22
BTC accumulates with supportHello 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 $ 29,683, if the support breaks down, the next one is $ 28,968 and $ 28,004. Now let's move from the resistance line as you can see the first resistance is $ 30009, if you can break it the next resistance will be $ 30,476, $ 30,833, $ 31,222 and $ 31,751. Looking at the CHOP indicator we can see that in the 4-hour interval some energy has been used up, but we have a little bit to continue the movement. On the other hand, the MACD indicator shows a local upward trend.
by cryptodailyuk
1
GST is nearing the exit of the channelHello everyone, let's take a look at the 1H GST vs USDT chart. As you can see, the price moves in the channel marked with blue lines Let's start with the line of support and as you can see the support we can consider in the near future is $ 0.75. Now let's move from the resistance line as you can see the first resistance is $ 1.04, if you can break it the next resistance will be $ 1.21 and $ 1.35. Looking at the CHOP indicator, you can see that in the 1H interval some energy has been used, but we still have some energy for the next move.
G
by cryptodailyuk
GMT close to supportHello everyone, let's take a look at the GMT to USDT chart over the 1 day timeframe. As you can see, the price is moving below the local downtrend line. Let's start with determining the stop loss that we should take into account in the coming days. As you can see, we have a fixed 3 stoploss: SL1 - $ 0.907 and SL2 - $ 0.798 Now let's move on to the targets that we can take into account, as you can see the targets are at the price: T1 - $ 1,027, T2 - $ 1,165, and T3 - $ 1,279 Looking at the CHOP indicator, we can see that in the 1-day range we still have some energy for further moves, looking at the MACD indicator, we see that the blue line is getting closer to the red line when it crosses from the top, it will confirm the downward trend.
by cryptodailyuk
1
BTC price is based on support!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 where the price is currently at is $ 29,519, if the support breaks down, the next is $ 28,833 and $ 27,866 and $ 26,650. Now let's move from the resistance line as you can see the first resistance is $ 29799, if you can break it the next resistance will be $ 31764 and $ 33354 and $ 34944. Looking at the CHOP indicator, we can see that on the 1-day interval we have a lot of energy to make the next move, while on the MACD indicator we see that the blue line is approaching the red one, if it crosses the red one from above, it can potentially give a local downward trend.
by cryptodailyuk
BTC a lot of energy in the 1D intervalHello 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 $ 29,288, if the support breaks down, the next one is $ 28,405. Now let's move from the resistance line as you can see the first resistance is $ 30,029, if you can break it the next resistance will be $ 30,484 and $ 30,848, $ 31,186 and $ 31,745. Looking at the CHOP indicator, we can see that we have a lot of energy in the 1-day interval, while the MACD indicator shows that we are in a local upward trend.
by cryptodailyuk
GST is based on supportHello everyone, let's take a look at the 1H GST to USDT chart. As you can see, the price moves in the channel marked with the blue lines 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 $ 0.99, if the support breaks down, the next one is $ 0.75. Now let's move from the resistance line as you can see the first resistance is $ 1.34, if you can break it the next resistance will be $ 1.70 and $ 1.99. Looking at the CHOP indicator, we can see that in the 1H interval, some energy has been used.
GShort
by cryptodailyuk
LUNA with the support of.Hello everyone, let's take a look at the LUNA to USDT chart on the 1H interval. As you can see, the price is close to the top exit from the blue line channel. Let's start with the designation of the support line and as you can see the first support is $ 7.14 where the current price is, if the support breaks down, the next ones are $ 6.93 and $ 6.74, $ 6.57 and $ 6.31. Now let's move from the resistance line as you can see the first resistance is $ 7.73, if you can break it the next resistance will be $ 8.25 and $ 8.77 and $ 9.54. Looking at the CHOP indicator, we can see that we still have spopro energy on intervale 1H, while the MACD indicator shows that we are in a local uptrend on a small interval.
Short
by cryptodailyuk
BTC on support at $ 30,167Hello 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 designation of the support line and as you can see the first support is $ 30,167 where the current price is, if the support breaks, the next is $ 29,996 and $ 29,869 and $ 29,724. Now let's move from the resistance line as you can see the first resistance is $ 30,502, if you can break it the next resistance will be $ 30,873 and $ 31,225 and $ 31,749. Looking at the CHOP indicator, we can see that we have a lot of energy in the 1 hour interval, while the MACD indicator shows a local upward trend.
Short
by cryptodailyuk
1
BNB correction to around $ 300Hello everyone, let's take a look at Chart BNB to USDT in 1 hour. As you can see, the price has dropped below the local uptrend line. Let's start by establishing the support line and as you can see the first support is $ 293, which is now the price, if the support breaks, the next one is $ 278 and $ 264 and $ 244. Now let's move on from the resistance lines we can set in the next few hours, as you can see, the first resistance is $ 304, if you can break it, the next resistance will be $ 308, $ 311 and $ 315. Looking at the CHOP indicator, we can see that the energy has run out in the 1H interval, while the MACD indicator shows a local downward trend.
Short
by cryptodailyuk
BTC is back to around $ 30,000Hello everyone, let's take a look at the BTC to USDT chart over the 1 hour timeframe. As you can see, the price has dropped below the local uptrend line. Let's start with determining the support line and as you can see the first support is $ 29,869, which is now the price, if the support breaks, the next one is $ 29,166 and $ 28,287. Now let's move from the resistance line as you can see the first resistance is $ 30,489, if you can break it the next resistance will be $ 30,840, $ 31,140 and $ 31,439. Looking at the CHOP indicator, we can see that the energy has been depleted within 1 hour, while the MACD indicator shows a local downward trend.
by cryptodailyuk
1
BTC broke the resistance.Hello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price came out of the triangle top. Let's start with the designation of the support line and as you can see the first support in the near future is $ 31,391, if the support breaks down, the next ones are $ 30,719 and $ 30,249 and $ 29,711. Now let's move from the resistance line as you can see the first resistance is $ 33,373, if you can break it the next resistance will be $ 34,952 and $ 37,170. Looking at the CHOP indicator, we can see that in the 4-hour interval most of the energy has been used for the current price increases.
by cryptodailyuk
1
Nifty Important levels for Wednesday 01.06.22Here are some important levels for nifty for 01.06.2022- Nifty has formed double top in 75 min time frame, and in 15 min time frame it broke its previous swing low. Hence it can be considered in retrenchment mode if we consider daily time frame. In this case we have to wait for tomorrow’s opening to predict its resistances and support levels. If nifty crosses today’s low without breaking today’s high then the trend will be continued. In that case, major support levels will be at 16500, 16288 and 16066. If Nifty crosses the last support level of 16066, then it will again enter into bearish trend. For any opening below 16656 with negative price action crossing CPR at 16590 we can enter in a bearish trade. If nifty crosses 16700 level without breaking today’s low with positive price action, then only we can initiate bullish trade. In that case important resistance levels will be at 16821 and 16912 Highest CE side OI is present at 17000 and for PE side it is at 16500, but in pe side change of OI is in negative but in CE side change of OI is in positive which indicates bearishness in the market. According to India vix at the closing time nifty range for Wednesday will be 210
NSE:NIFTY
by rahulbora11
ETHUSDT is testing the resistance. ready for the breakout?The price got liquidity from the monthly support as I told you in my previous video. the monthly is an important key level on 1700$. Now the price is testing the 1925$ resistance where the price bounced several times it means that this level is so important for the market. How to approach it? The price needs to have a new breakout from the level, thus, the price could retest the previous resistance as new support on 0.618 Fibonacci level, in order to get new liquidity for the next bullish impulse. According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
18
ETH behaves similar to BTCHello everyone, let's take a look at the ETH to USDT chart over the 4 hour timeframe. As you can see, the price is moving in the downtrend channel. Let's start with the designation of the support line and as you can see the price has remained in the fundamental support zone which is between $ 1,856 and $ 1,694. in the current situation we have support at $ 1883 and then there is a support zone. Now let's move from the resistance line as the first resistance is $ 1,936, if you can break it the next resistance will be $ 1,990 and $ 2,069. Looking at the CHOP indicator, we can see that in the 4-hour interval, the collected energy was nicely used to increase the price, and the MACD indicator shows that we are in an uptrend locally.
by cryptodailyuk
BTC is dynamically returning to around $ 30,500Hello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price came out of the triangle you created. Let's start with the designation of the support line and as you can see the first support in the near future is $ 30,413, if the support breaks, the next one is $ 29,688 and $ 29,114 and $ 28,541. Now let's move from the resistance line as you can see the first resistance is $ 31,802, if you can break it the next resistance will be $ 33,371 and $ 34,941. Looking at the CHOP indicator, we can see that in the 4-hour interval, the collected energy was nicely used to increase the price, and the MACD indicator shows that we are in an uptrend locally.
by cryptodailyuk
cable GBPUSD H4 Might Face Resistance @ 1.2700 to 1.2777 Watch the Price Action at Resistance Zone between 1.2700 and 1.2777 A pullback is expected from the above-mentioned resistance zone. Watch out for candlestick formations there. For a good entry also take note of lower time frame candlesticks like H1 and m15 for pinpoint entry. If the price breaks out of this zone then it may retest the level for a long entry. Stay tuned for live coverage of this trading opportunity. Please Like, Follow, and Share my work if you like.
by awan0454
ETCUSDT is testing the 4h resistanceThe price bounced exactly in the 1.127 Fibonacci Extension on 17.25$ and the market started with a triangle on 4h timeframe. now the price is testing the 4h resistance at 24.5$ where the price got a rejection a few days ago. How to approach it? the price needs to have a new breakout from the resistance and retest the resistance as new support. According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
2
EURUSD possible upcoming distributionEU is reaching a significant daily resistance zone between 1.08 and 1.09. If it manages to reach 1.085 we can start seeing some more signs of potential distribution here (+fib 0.618-0.786 area confirmation). After that we'll start looking for SELL positions (preferable once we've broken the upcoming structures to the downside). If that happens we can see the price reaching 1.066 (or a push to 1.055 is also a possibility) in the upcoming weeks. However, if we'll see a strong momentum breaking 1.085 and going higher, this setup will no longer be valid and we'll start to look or BUY opportunities. Happy trading!
Short
by GibsonTrades