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Resistence

DOT/USDT 1DInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a one-day time frame. As you can see, the price is moving below the downtrend line. Let's start with the support line and as you can see the first support in the near future is $ 5.30, if the support is broken then the next support is $ 4.83 and $ 4.24. Now let's go to the resistance line, as you can see the first resistance is $ 5.78, if you manage to break it, the next resistance will be $ 6.04, $ 6.26 and $ 6.48. Looking at the CHOP indicator, we see that there is still a lot of energy to continue the move, the MACD remains in a downtrend, while the RSI is approaching the lower end of the range, which may indicate the imminent end of the correction in the coming days.
by cryptodailyuk
BNB/USDT 4HInterval Resistance and SupportHello everyone, let's look at the BNB to USDT chart on a 4-hour time frame. As you can see, the price is moving at the lower border of the local triangle. Let's start with setting the support line and as you can see the price stays right at the very strong support at $ 323.5, if the support is broken then the next support is $ 317.6 and $ 310.3. Now let's move on to the resistance line, as you can see the first resistance is $ 326.9, if you manage to break it, the next resistance will be $ 334.2, $ 340.3 and $ 346.3. Looking at the CHOP indicator, we see that there is still energy for movement, MACD indicates that we are on the verge of entering a local uptrend, while the RSI shows that a small price movement causes a large movement on the indicator, which in the short term may negatively affect the price.
by cryptodailyuk
9
BEAUTIFUL JUST LOOK AT IT !! as i said before the block above price now was there for a long time !! but these days there has been too many attempts to not only reach into it , but break above it , but price failed again and again ! so what now ?? so if i want to give u the old technimant ideology , its a clean break and retrace . but !! as i have seen this thing repeat again and again , i'm gonna let u into a little secret : when price touches a level too many times , it means there is liquidity resting there and price loves hunting these . sooooo all i see is a full belly market ! no longer seeking these and ready to go down . so way down we go
Short
by hamidking82
BTCHi guys The update of BTC you are seeing I have shared the most probable situation for BTC and according to my analyze a bullish moving could be sharp and i think it could happen very soon but on the other hand it may take some weeks to start the bearish trend but its a very nice and suitable place for a short position because of the context of resistance zone. I do my best to give you the best setups and analysis also I hope you makes lots of profit from this. please like boost and follow thanks.
by rezaradmanesh
Daily ETH 1DChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on a single day time frame. As you can see, the price is moving below the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $ 1839, if the support is broken then the next support is $ 1798 and $ 1737. Now let's move on to the resistance line, as you can see the first resistance is $ 1914, if you break it the next resistance will be $ 1949, $ 1976 and $ 2002. Looking at the CHOP indicator, we see that there is a lot of energy, the MACD indicates an uptrend, but we immediately have a strong rebound, while the RSI has all the growth retracted to the middle of the range, but there is a lot of room for the hen to be deepened.
by cryptodailyuk
Bitcoin Support & Resistance AnalysisPrices move because of supply and demand . When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium. When support and resistance lines are broken, there is a high possibility of a significant uptrend in that direction. Be aware of the stop-loss area when trading on margin 🔴Resistance Line 29729$ 🔴Resistance Line 29371$ 🔴Resistance Line 29083$ 🟢Support Line 27832$ 🟢Support Line 27176$ The above price level represents an important tipping point, not an absolute analysis for buying and selling. You must be careful about your investment decisions. Thank you for reading my poor analysi
by WhaleGO_BTC
LTC/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the LTC chart this time on a four-hour interval. As we can see, the price has left the uptrend line at the bottom, while locally we are moving in a triangle in which the price is approaching a direction. We can also see that the price is just below the EMA Cross 200 blue line, which confirms the downtrend, however we are struggling to get back above this level. Now let's move on to marking the price support points and we see that we first have support at $87.93, but if the price goes lower, we have another support at $83.12, then $78.45 and another support at a price of $71.37. 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 resistance at $93.19, then we have the resistance at $38.9, the third very strong resistance at the price of 103.38, and the fourth resistance at the price of $107.93. The CHOP index indicates that there is a lot of energy for the upcoming move, the MACD indicates the maintenance of the local uptrend, while the RSI, despite small price movements, has returned to the upper part of the range, which may negatively affect the price in the short term.
by cryptodailyuk
1
Daily BTC 1DChart - resistance and supportHello everyone, let's look at the BTC to USDT chart in one day time frame. As you can see, the price is moving below the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $ 28478, if the support is broken then the next support is $ 28007 and $ 27518. Now let's move on to the resistance line, as you can see the first resistance is $ 29176, if you manage to break it, the next resistance will be $ 29540, $ 30059 and $ 30715. Looking at the CHOP indicator, we see that there is a lot of energy for a new move, the MACD is on the verge of returning to an uptrend, while the RSI is in the middle of the range, which makes it difficult to determine the direction of the move.
by cryptodailyuk
Injective (INJ): A Top Performing CryptocurrencyInjective has been one of the top-performing cryptocurrencies this year. Let’s see what happens next! What is Injective? Injective is a blockchain designed for finance, powering DeFi applications such as decentralized spot and derivatives exchanges, prediction markets, and lending protocols. It offers core financial infrastructure primitives and a fully decentralized MEV-resistant on-chain orderbook. Its cross-chain bridging infrastructure is compatible with Ethereum and other blockchains. Injective uses the Cosmos SDK and a Tendermint-based Proof-of-Stake (POS) consensus mechanism, providing fast performance and transaction finality. It also provides a highly interoperable smart contract platform based on CosmWasm. INJ, its token, is used for protocol governance, dApp value capture, POS security, developer incentives, and staking. Injective’s Current Trend Injective (INJ) has been making waves in the cryptocurrency market, gaining 700% since the beginning of the year. INJ has stood out in the market due to its consistent upward trend, avoiding any significant periods of consolidation. Currently, it appears that INJ is pulling back to its support level of $5.00. This pullback will result in a 50% drop from its 2023 high. The $5.00 support level is expected to hold, and afterwards we may see INJ continue its uptrend towards the all-time high. For traders, one of the best aspects of INJ is its volatility. The daily candles of INJ are very large, which means that there is a lot of intraday volatility. This characteristic is a great advantage for day traders, as they can make quick returns. Conclusion: Injective has proven to be one of the top performing cryptocurrencies this year, offering consistent upward momentum and high intraday volatility. With its pullback to the $5.00 support level, traders should keep a close eye on the price action of INJ in the coming days.
by cryptohopper
BNB/USDT 1DInterval Resistance and SupportHello everyone, let's look at the BNB to USDT chart on a single day timeframe. As you can see, the price is moving below the local downtrend line. Let's start with the support line and as you can see the first support at which the price is currently located is $ 324.8, if the support is broken then the next support is $ 318.8, $ 310.4 and $ 299.1. Now let's move on to the resistance line, as you can see the first resistance is $ 328.2, if you manage to break it, the next resistance will be $ 332.4, $ 336.3 and $ 342.6. Looking at the CHOP indicator, we see that there is a lot of energy for the upcoming move, the MACD indicates an ongoing downtrend, while the RSI is moving around the middle of the range, which makes it difficult to clearly determine the direction of the price.
by cryptodailyuk
Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $ 28498, if the support is broken then the next support is $ 28025, $ 27540 and $ 26879. Now let's move on to the resistance line, as you can see the first resistance is $ 28818, if you manage to break it, the next resistance will be $ 29181, $ 29544 and $ 30062. Looking at the CHOP indicator, we see that there is a lot of energy, the MACD indicates a local uptrend, while the RSI is moving in the lower part of the range, which gives room for increases.
by cryptodailyuk
Daily ETH 1DChart - resistance and supportHello everyone, I invite you to review the ETH chart on a one-day timeframe. As we can see, the price is moving in the uptrend channel, at its upper border. Let's start by marking the support spots for the price and we see that first we have a support zone from $ 1923 to $ 1782 where the price is currently located, however if the price goes lower we have a second support zone from $ 1670 to $ 1558. 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 did not break the resistance zone from $ 2040 to $ 2192. However, we still have support at $ 2313, and then third support at $ 2443. The CHOP index indicates that the energy is starting to rise, the MACD indicates the continuation of the downtrend, while the RSI has a rebound and is in the lower part of the range, creating room for future increases.
by cryptodailyuk
Daily BTC 1DChart - resistance and supportHello everyone, I invite you to review the behavior of BTC, taking into account the one-day interval. First, we can mark the local uptrend line from which the price went down, while the purple line will mark the saucer trend that was previously broken. Now let's move on to marking the places of support. We will use the trend based fib extension tool to mark the supports, and as you can see, we have the first support at $ 27061, if the price goes lower, we have a strong support zone from $ 24550 to $ 22504, and then there is a strong support at $ 20552. Looking the other way, in a similar way, we can mark places where the price should encounter resistance on the way to increases. And here we have the first very strong resistance at $ 30734 which is the current barrier, the next resistance is at $ 32965, then the third resistance at $ 34871, and the fourth at $ 36778. When we turn on the EMA Cross 10 and 30, we can see that they indicate an uptrend. The CHOP index indicates that the energy is charged for the next move. The MACD indicator is on the verge of entering a local uptrend. On the other hand, we see a rebound on the RSI, which creates room for new increases.
by cryptodailyuk
BTC Dominance ! 1D Review Hello everyone, I invite you to review the current dominance of BTC over the rest of the market. First, we will use the blue lines to mark the sideways trend channel in which we are moving and here you can immediately see that we are in its upper limit, what is more, we are staying above the uptrend line. Now we will go to check where we have support when BTC starts to lose against the entire market. And here we have the first support at 46.59 %, then the second support at 45.1 %, the third support at 43.9 %, and then the fourth support at 42.7 %. It is worth checking the percentage of BTC dominance, because the lower the value, the more other coins gain. Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. First we have resistance at 49.2 % which is a very strong resistance and the upper limit of the ongoing sideways channel, when we manage to break it we have second resistance at 50.7 % then third at 52 % and then fourth resistance at 53 %. Please pay attention to the CHOP index, which indicates that most of the energy has been used, the MACD indicator indicates entering a local downtrend, while the RSI shows a small rebound, but we are still high, which may indicate a deeper correction.
CRYPTOCAP:BTC.D
by cryptodailyuk
DOT/USDT 4HInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a one-day time frame. As you can see, the price is moving below the uptrend line. Let's start with the support line and as you can see the first support in the near future is $ 5.66, which currently held the price, if the support is broken then the next support is $ 5.33 and $ 4.85. Now let's move on to the resistance line, as you can see the first resistance is $ 6.04, if you manage to break it, the next resistance will be $ 6.31, $ 6.54 and $ 6.76. Looking at the CHOP indicator, we see that most of the energy has been used, the MACD indicates an ongoing downtrend, while the RSI has a visible rebound and we are approaching the lower limit, which may change the trend.
by cryptodailyuk
BNB/USDT 4HInterval Resistance and SupportHello everyone, let's look at the BNB to USDT chart on a 4-hour timeframe. As you can see, the price is moving above the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $ 333.4, if the support is broken then the next support is $ 329.6, $ 326.6 and $ 323.3. Now let's move to the resistance line, as you can see the first resistance is $ 337.3, if you manage to break it, the next resistance will be $ 342.2 and $ 348.5. Looking at the CHOP indicator, we see that the energy has been used, the MACD indicates a local uptrend, while on the RSI we could see a large increase and after touching the upper limit, the price rebounded.
by cryptodailyuk
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on the four hour time frame. As you can see, the price is moving above the local uptrend line. Let's start with the support line and as you can see the first support in the near future is HKEX:1855 , if the support is broken then the next support is TSE:1803 , HKEX:1761 and $1717. Now let's move on to the resistance line, as you can see the first resistance is TSE:1930 , if you break it the next resistance will be TSE:1976 , $2021 and $2081. Looking at the CHOP indicator, we see that there is a lot of energy for a new move, the MACD maintains a local downtrend, while the RSI has a sideways trend.
by cryptodailyuk
ABT Abbott Labs Med Tech Short Setting UpABT is shown on a 4H chart as setting up for a short trade. Demand and Summply Zones are charted by the LuxAlgo indicator. Price touched the supply zone five times in December- January then descended and touched the demand zone several times in mid-March. Fundamentally, earnings reports have been solid. Medical stocks are generally independent of the economy and recession resilient. ABT has risen off the base of bottoms at support . Relative volume exceeds that of the past year showing investor/trader interest has increased. I think it will progress to touch the supply / resistance zone another once or twice and then reverse into a solid downtrend. I see this as worth watching this upcoming week for the reversal.
NYSE:ABTShort
by AwesomeAvani
ETH 4HInterval traffic similar to BTCHello, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. What immediately catches the eye is the huge similarity of the behavior of ETH to its predecessor, we also have a downtrend leaving the downtrend channel, and the price is currently staying below the local downtrend line Now let's move on to marking the places of support. We will use the trend based fib extension tool to mark the supports, and as you can see, we first have a strong support zone from $ 1853 to $ 1773, second support at $ 1760, third at $ 1717 and then fourth support at $ 1658. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here as the first we have a resistance zone that the price cannot break through from $ 1909 to $ 1944, the next strong resistance is at $ 2042, and then the third resistance at $ 2204. Similarly to the chart itself, the indicators also present themselves, and here the CHOP index indicates that the energy is gaining strength. The MACD indicator is on the verge of entering a local downtrend. On the other hand, we see a rebound on the RSI, but we are staying in the middle of the range, which may deepen the correction.
by cryptodailyuk