Get started

Resistence

ETH/USDT 1HInterval Review ChartHello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price is trying to stay on the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $1646, in case of a support break the next support is $1633, $1613 and $1589. Looking the other way, we first have a resistance zone from $1664 to $1682, then there is resistance at $1696 and then resistance at $1710 Looking at the CHOP indicator, we see that there is a lot of energy gathered, the RSI is moving sideways, while the STOCH indicator moves up with room for the price to enter a higher level.
by cryptodailyuk
2
BTC/USDT 1H Interval Review ChartHello everyone, I invite you to review chart on the BTC to USDT pair, taking into account the time interval of one hour. First of all, we will use the yellow line to mark the local downtrend line, from which the price is trying to break out to the top. Now we can move on to marking the places of support in the event of a correction. And here we first see price holding at the $25908 support, however when we go below that support we can see a drop to around $25609 and then to the strong support of $25238. Looking the other way, in a similar way using the Fib Retracement tool, we can determine the places of resistance. First, we will mark the resistance zone from $25983 to $26179, when we manage to break it, we have resistance at $26372, then there is resistance at $26650, then strong resistance at $27004. Please pay attention to the CHOP index which indicates that the energy is gathering more and more strength, the RSI shows an increase to the middle of the range with a place for the price to go higher, while the STOCH index is in recovery which may indicate that it will fall a little lower.
COINBASE:BTCUSD
by cryptodailyuk
1
A Closer Look at the Dow JonesLast week was volatile on the markets. Many indices have been corrected (a fall in value after a previous period of rise). The fear of interest increases following the speeches of the members of the FED and the Chinese economy which worries despite the support plans of the Chinese government. I am therefore focusing today on the Dow Jones. Founded in 1896 by Charles Dow and Edward Jones, the Dow Jones is an index made up of 30 major American companies. It reflects the overall health of the stock market in the United States. Bullish Scenario: Testing the Waters In the wake of last week's turbulence, the Dow Jones is now poised to challenge its previous resistance level, which had effectively capped its price for the past year. The close of trading on Friday witnessed a late-day surge in stock prices, indicating a resurgence of buying interest. The candlestick chart suggests a potential rebound, bolstered by a concurrent bounce on the oblique support line. Bearish Scenario: Keeping a Watchful Eye However, it is prudent to consider the bearish scenario as well. If the current support line fails to hold, there exists a possibility that prices could find support at the 200-day moving average, an essential metric used to assess longer-term market trends. Failing this, the next support level looms around the 32,500 point threshold. In conclusion, the Dow Jones remains in the spotlight as investors navigate through this period of market volatility. Its performance in the coming weeks will undoubtedly serve as a litmus test for the broader U.S. stock market, shedding light on the intricate interplay of economic factors and investor sentiment.
TVC:DJI
by ssavi
LTC/USDT 4H Interval ReviewHello everyone, I invite you to review the LTC chart on the four-hour interval. As we can see, the price is moving below the main downtrend line, while locally we can see that the price is moving sideways from the local downtrend line. Let's start by marking the price support points and we see that we first have strong support at $53.39, but if the price goes lower then we have another support at $44.74 and then a strong support zone from $37 to $31 $. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price is currently fighting resistance at $66.59. There is still resistance at $72.97, once price breaks it it will move towards resistance at $78.28, and then it has to break through the strong resistance zone from $83 to $91. The CHOP index indicates that there is a lot of energy for the upcoming move, on the RSI we see an increase towards the middle of the range despite very little price movement, while the STOCH indicator is moving in the upper part of the range, which may affect the price drop in the coming hours.
by cryptodailyuk
resistance level Jammu & Kashmir Bank (J&K Bank), incorporated in Jammu & Kashmir, India, is a publicly held banking company engaged in providing a wide range of banking services including Retail Banking, Corporate Banking & Treasury Operations. It is the only Private Sector Bank in the country assigned with responsibility of convening State/UT Level Bankers’ Committee (SLBC/UTLBC) meetings. Key Ratios - Q2 FY23 Capital Adequacy Ratio - 12.86% Net Interest Margin - 4.04% Gross NPA - 7.67% Net NPA - 2.10% CASA Ratio - 54.69% Branch Network At present, the bank has 980+ branches and 1,400+ ATMs. 83% and 89% of all branches and ATMs are located in the state of J&K.
NSE:J&KBANKLong
by investigationofchart
BTC/USDT 1H Interval Short-TermHello everyone, let's look at the BTC to USDT chart on a 1-hour timeframe. As you can see, the price has moved downwards from the local triangle. Let's start with the support line and as you can see the first support in the near future is the zone from $25782 to $25618, then there is the second zone from $25462 to $25226, and then support at $24933. Now let's move on to the resistance line, as you can see the first resistance is $26102, if you break it the next resistance will be $26400, then there is the resistance zone from $26632 to $26867 and then the resistance at $27205. Looking at the CHOP indicator, we see that there is still some energy left for the move, the RSI is moving at the lower limit which may give the price a rebound in the coming hours, and the STOCH indicator turns around the middle of the range, which has stopped the price rebound.
by cryptodailyuk
MKR 4H Interval Chart ReviewHello everyone, I invite you to review the chart of MKR in pair to USDT, on the four-hour interval. As we can see, the price has left the bottom of the uptrend line. After unfolding the trend based fib extension grid, we can see that the price is currently holding a small support zone from $ 1117 to $ 1086, while we still have support at $ 959, however, when we fall below this support, we can see a quick move to the support area at the price $704. Looking the other way, we see that first there will be a resistance zone from $1192 to $1256, then we have a second zone from $1321 to $1414, and then a very strong resistance at $1531. Please look at the CHOP index, which indicates that the energy in the current downward movement has been used, on the RSI we are moving at the lower limit of the range, but on the STOCH indicator you can see that a large movement on the indicator results in a small price movement, which may translate into deeper declines.
by cryptodailyuk
SOL/USDT 4H IntervalHello everyone, I invite you to review the SOL chart on a four-hour interval. As we can see, the price came out of the uptrend line along which we were moving. Let's start by marking the support spots for the price and we see that we first have support at $20.22 which kept the price down, but if the price goes lower then we have another support at $16.86, then support at $12.73 $. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we will mark the resistance zone from $24.65 to $26.10, then we have a second zone from $27.59 to $29.63, and then we have strong resistance at $32.27. The CHOP index indicates that the energy has been used up and is slowly starting to bounce back, on the RSI we are moving at the lower end of the range, which may limit further price decline, and on the STOCH indicator we have a visible rebound that confirms the price rebound after the decline.
by cryptodailyuk
BTC/USDT 4H Review ChartHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving in the downtrend channel. Today we could see a strong downward movement in the price and in this situation the price fell below the strong support and now we have support at $26894 and then we have strong support at $25547. Now let's go from the resistance line, as you can see the first resistance is $29190, if you manage to break it the next resistance will be $30197 and then we have a resistance zone from $31046 to $31894. When we look at the CHOP index and the RSI and STOCH indicators, we can see that in the four-hour interval, the energy on each indicator was heavily depleted.
by cryptodailyuk
XAUUSD - Price Action - Today's Key Zones - London/NY SessionToday's potential trades for #XAUUSD - OANDA:XAUUSD It's around 60 pips between today's support/resistance zone. If there's no break out, we may have to trade within this range. If there is a breakout of today's support/resistance zone, it will come at these levels. 📈Potential Buys on close above 1907.84 📉Potential Sells on close below 1904.13 Once the price has closed above/below, we will look for an entry on a smaller timeframe. Our targets for today: Buys: Close Part of your trade at 1911.03 and set SL to BE (or at around 20-30 pips) Close Full at 1914.51 (or at around 70 pips) Sells: Close Part of your trade at 1898.07 and set SL to BE (or at around 20-30 pips) Close Full at 1893.87 (or at around 110 pips) Happy trading all 🤑
OANDA:XAUUSD
by n0madtrader
LTC/USDT 1D Review Chart Hello everyone, I invite you to review the LTC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the uptrend channel where the price is moving in the lower range. Moving on, we can move on to marking support areas when the correction begins to deepen. And here in the first place we have a support zone from $77 to $69, then we can see a drop to the second very strong support zone from $56 to $40. Looking the other way, we see that the price first has to break the resistance at $87.31, then we have a strong support zone from $98 to $114, once we break it we will move towards the resistance at $134. Please look at the CHOP index which shows that most of the energy has been used, on the RSI we have a rebound and we are moving in the lower part of the range, however on the STOCH indicator we can see that most of the energy has been used which may stop the current correction.
by cryptodailyuk
BNB/USDT 1D Chart ReviewHello everyone, I invite you to review the BNB chart taking into account the one-day interval. We can start by marking the local triangle with blue lines, as you can see we are approaching the exit of a specific product. Let's start by marking the support spots for the price and we see that the price stays just below the support at $240.72, then we have a strong support zone from $235 to $228, however if the price goes lower, we have the next support at $220. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that first the price has to break the zone from $244 to $248, then there is the second zone from $251 to $255, and then the strong resistance at $261. The CHOP index indicates that there is a lot of energy to move, while the RSI moves around the middle of the range, which in combination with the STOCH indicator, we can see the price rebound.
by cryptodailyuk
ETH 4H Review ChartHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. First, we will use the yellow lines to mark the local triangle in which the price is moving. Now let's move on to marking the places of support. We will use the trenf based fib extension tool to mark the supports, and as you can see, we first have a support zone from $1847 to $1838, then we have a second zone from $1828 to $1815, and then a strong support at $1798. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here you can see that the price has no strength to go through the resistance zone from $1851 to $1863, then we have resistance at $1872, another at $1881 and a very strong resistance at $1894. The CHOP index indicates that there is still energy for movement. On the RSI, we stay around the middle of the range, while the STOCH indicator has the energy for the price to make a downward move.
by cryptodailyuk
1
BTC/USDT 1H Interval ReviewHello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price stays on the local uptrend line. After unfolding the trend based fib extension grid, we see that the first support is at $29395, the second at $29338, the third at $29290, the fourth at $29244, and then there is the support zone from $29177 to $29092. Looking the other way, the first resistance is at $29,471, the second at $29,533, the third at $29,582, the fourth at $29,631. Looking at the CHOP indicator, we see that the energy has been used, the RSI is moving in the upper part, which can result in a price drop, and looking at the STOCH indicator, we have a lot of energy, which can affect the price correction.
by cryptodailyuk
ETH/USDT 1HInterval ReviewHello everyone, let's look at the ETH to USDT chart on a one hour timeframe. As you can see, the price has broken below the local uptrend line. After unfolding the trend based fib extension grid, we see that the price stays in the support zone from $ 1847 to $ 1845, then we can see a drop to the support at $ 1841.46. Now let's move on to resistance and we see that the first resistance is at $1848.83, then we have a resistance zone from $1850 to $1852, then resistance at $1853.44, then resistance at $1855.46. Looking at the CHOP indicator, we can see that there is a lot of energy to move, the RSI is moving in the middle of the range with room for further price decline, while the energy on the STOCH indicator is used and there is some left which may give a bigger price correction.
by cryptodailyuk
XRP/USDT ReviewHello everyone, I invite you to review the XRP chart on an hourly interval. As we can see, the price went down and entered the local downtrend channel. What's more, we see that there was an attempt to return to the uptrend, above the Cross 200 EMA, but it failed. Let's start by marking the support spots for the price and we see that first we have a support zone from $0.6311 to $0.6249, but if the price goes lower then we have a second zone from $0.6150 to $0.6078, then we can mark strong support at $0.5990. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price has rebounded. Next we can mark resistance at $0.6594, next resistance is at $0.6678 and then towards the resistance at $0.6798. The CHOP index indicates that there is still energy for movement, the RSI is near the middle of the range, which may give a greater price rebound, and the energy on the STOCH indicator has run out.
by cryptodailyuk
1
BTC/USDT 4H Interval Review ChartHello 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 the blue lines to mark the local downtrend channel from which the price exited at the bottom and entered the downtrend channel. 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 zone from $29397 to $29196, however, when we fall below this zone, we can see a drop to around $28910, and then we have strong support at $28534. Looking the other way, we can determine the places of resistance in a similar way. We will first mark the resistance zone from $29,806 to $30,208, when we manage to break it, we have strong resistance at $30,598. Once the first strong resistance is overcome, we continue to have resistance at $31,149, and then there is resistance at $31,863. Please pay attention to the CHOP index, which indicates that there is still energy for movement, the RSI indicator confirms the local sideways trend, but there is still room for the price to go lower, while the STOCH indicator shows that the energy for this moment has been used, which may affect the price rebound.
by cryptodailyuk
1
BNB/USDT 1H ReviewHello everyone, let's look at the BNB to USDT chart on a one hour time frame. As you can see, the price is moving below the local downtrend line. In order to mark the supports, we will use the trend based fib extension tool and we can see that we first have a support zone from $242.15 to $241.83, then support at $241.38, and then at $240.81. Now let's move on to the resistances and here we will mark the first resistance zone from $242.66 to $242.90, then resistance at $243.23, next at $243.67, then strong resistance at $244.91. Looking at the CHOP indicator, we see that there is a lot of energy to move, the RSI is moving in the lower part of the range, while the STOCH indicator indicates that the energy is exhausted in the current rebound.
by cryptodailyuk
SOL/USDT 1H Review ChartHello everyone, I invite you to review the SOL chart in pair to USDT. First, we will use the yellow line to mark the local downtrend line, from which the price tried to go up. Moving on, we can move on to marking support areas when we start a larger correction. And here, the first support is at $24.17, the second support is at $23.65, the third support is at $23.24, and then we have a strong support zone from $22.81 to $22.20. Looking the other way, we see that the price has rebounded from the important resistance zone from $ 24.99 to $ 25.40, which so far has no strength to break. However, if we manage to go up, we will see an attempt to attack the second zone from $ 26.07 to $ 26.55. Please look at the CHOP index, which indicates that we have a lot of energy for the upcoming move, we have a rebound on the RSI but there is still a lot of room for the price to go lower, while the STOCH index is approaching the lower limit, which affects the current stagnation of the price.
by cryptodailyuk
3
BTC/USDT 1H Interval Review ChartHello everyone, I invite you to every Wednesday cryptocurrency review. Let's start by checking the current situation on the BTC to USDT pair, taking into account the time interval of one hour. First of all, we will use the yellow line to mark the local downtrend line from which the price went down. We will use the Trend Based Fib Extension tool to mark the current support locations, and now we see that the price has dropped to the $29,561 support and is holding just below it, then we can mark the support zone from $29,397 to $29,165, and then strong support at $28870. Looking the other way, we can determine the places of resistance in a similar way. First, we will mark the resistance zone from $29813 to $30039, when it manages to break it, the price has to break through the resistance at $30229 that it failed to do before, and then the resistance at $30411. Please pay attention to the CHOP index which indicates that most of the energy has been used, the RSI indicator confirms a strong rebound but indicates that there is still room for the price to go lower in the coming hours, however the STOCH indicator confirms the use of energy in the current movement which may give a temporary stop in the current correction.
by cryptodailyuk
3