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Resistence

DOT/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the DOT chart on the four-hour interval. As we can see, the price is moving in the uptrend channel. Let's start by marking the support spots for the price and we see that we first have a support zone from $6.46 to $6.21, however if the price goes lower we have a second support zone from $6.01 to $5.80. 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 a strong resistance at $6.85 equal to 0.618 Fib. We continue to have a strong resistance at $7.31, once the price breaks it, it will move towards the resistance at $7.90. The CHOP index indicates that the energy has been used up, the MACD indicates that the uptrend is maintained, while the RSI has crossed the upper limit of the range, which, according to our rule, often ends with a price rebound and so we see a small correction.
by cryptodailyuk
Daily BTC 4HChart - resistance and supportHello 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 blue lines to mark the local uptrend channel in which the BTC price is moving in the upper limit. 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 at $ 30592, when we go lower, the second support is at $ 30318, then we have a strong support zone from $ 30072 to $ 29826, and then support at $ 29523. Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. The price must first break the first resistance at $ 30911, when it manages to break the second resistance is at $ 31311, then $ 31694 and then the resistance at $ 32258. Please pay attention to the CHOP index which indicates that most of the energy has been used, the MACD indicator indicates the maintenance of the local uptrend, while the RSI is moving above the upper limit of the range, despite slight increases, we can still expect an upcoming rebound that will cool down the indicators before further increases.
by cryptodailyuk
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Daily BNB 4HChart - resistance and support - shorttermHello everyone, let's look at the BNB to USDT chart on a 4-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 $ 332, if the support is broken then the next support is $ 329, $ 327 and $ 325. Now let's move to the resistance line, as you can see the first resistance is $ 336, if you manage to break it, the next resistance will be $ 339, $ 341 and $ 343. Looking at the CHOP indicator, we see that the energy has been used, the MACD indicates an uptrend, while the RSI is moving above the upper limit, which may affect the price correction.
by cryptodailyuk
#BTC - Head and Shoulders pattern + HIGH ROOF Resistance.#BTC - Head and Shoulders pattern + HIGH ROOF Resistance. Can we break it? -> Look at the liquidity and volume which is super super super LOW. All indicators look like we are reaching this RUN's top. So be careful. - - - - - The head and shoulders chart pattern is a popular and easy-to-spot pattern in technical analysis that shows a baseline with three peaks, the middle peak being the highest. The head and shoulders chart depicts a bullish-to-bearish trend reversal and signals that an upward trend is nearing its end.
Short
by JB_Consulting
Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 4-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 $30135, if the support is broken then the next support is $29849, $ 29615 and $29374. Now let's move on to the resistance line, as you can see the first resistance the price is currently fighting is $30435, if it manages to break it, the next resistance will be $30917, $31313 and $31700. Looking at the CHOP indicator, we see that there is a lot of energy for a new move, the MACD indicates the maintenance of the local downtrend, while the RSI is very high, which may give the price a rebound.
by cryptodailyuk
LTC/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the chart of LTC in pair to USDT, also on a four-hour interval. First of all, we will use the blue lines to mark the uptrend channel in which the price is moving in the lower border. Moving on, we can move on to marking support areas when the correction begins to deepen. And here, the first support is at $89.60, the second support is at $84.76, the third support is at $81.05, and then the fourth support is at $77.20. Looking the other way, we see that the price has hit an important and strong resistance at 0.786FIB at $97.03 from which it rebounded, but when it manages to break it, another strong resistance will appear at $105.85. Please look at the CHOP index, which indicates that the energy is gathering strength, the MACD indicates a local downtrend, while the RSI has a strong rebound, which may positively affect creating room for new growth.
by cryptodailyuk
BNB/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the BNB chart in pair to USDT, also on a one-day timeframe. First of all, using the blue lines, we can mark the sideways trend channel in which we are approaching the upper limit, while locally we managed to beat the downtrend lines. Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and as you can see we have the first support at $317.1, the second support at $298.5, the third support at $283.5 and then the fourth support at the lower border of the sideways channel at $268.4. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we have the first very strong resistance at HKEX:330 , which is the so-called golden point of 0.618 Fib, the next resistance is at $359.9, and then the third resistance at $398.3. The CHOP index indicates that most of the energy has been used. The MACD indicator is back in an uptrend. On the other hand, on the RSI we are moving in the upper part of the range with a small rebound visible.
by cryptodailyuk
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Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on the 4-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:1901 , if the support is broken then the next support is $1874, TSE:1853 and $1832. Now let's move on to the resistance line, as you can see the first resistance is HKEX:1919 , if you break it the next resistance will be HKEX:1943 and $2016. Looking at the CHOP indicator, we see that there is more and more energy, the MACD remains in the local downtrend, while the RSI moves in the upper range, which limits the room for further increases.
by cryptodailyuk
Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price has gone up from the triangle. Let's start with the support line and as you can see the first support in the near future is $29971, if the support is broken then the next support is $29689, $29462 and $29222. Now let's move on to the resistance line, as you can see the first resistance is $30540, if you manage to break it, the next resistance will be $31001, $31386 and $31754. Looking at the CHOP indicator, we see that the energy has been consumed, the MACD confirms the upward trend, while the RSI has strongly exceeded the upper limit of the range, which may affect the price correction.
by cryptodailyuk
4.25$ SupportDollar once again hit 4.25$ level which was resistance from 2016 to february 2022 when price went above and this way created support which was tested in may/june 2022, january/february 2023 and right now. It seems solid so I would expect 5$ level retest in the near future and that way creating double bottom on current support. But if price will go below 4.25 and the volumen will be significant it can fall down. On 12th April US CPI level is going to be published and on 14th April PL CPI. Having up-to-date information, I do not plan to open a position earlier than next week.
by ven0x0
MKR/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the chart of MKR in pair to USDT, on a four-hour time frame. First, we will use the blue lines to mark the uptrend channel in which we are currently moving. Going further, we can move on to marking the places of support when we start the correction. And here, the first support is at FWB:706 , the second support is at FWB:698 , the third support is at $692, and then the fourth support is at $686. Looking the other way, we see that the price has approached a strong resistance at HKEX:721 , when it manages to break it, the second resistance is at HKEX:731 , then the third resistance is at $744 It is worth paying attention to the EMA Cross 10 and 30, which indicate the place of return to the uptrend. Please take a look at the CHOP index, which indicates that there is still plenty of energy for the next move, the MACD confirms the current uptrend, while the RSI is moving in the upper part of the range and approaching its upper limit, which may affect price stagnation or an upcoming rebound.
by cryptodailyuk
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Daily BTC 4HChart - resistance and supportHello everyone, I invite you to review the chart of BTC in pair USDT taking into account the interval of four hours. First, we will use the blue lines to mark the local uptrend channel where the BTC price is approaching the upper limit. 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 support at HKEX:28840 , then second support at $28555, third support at $28324, and then we have a strong support zone from $28092 to $27760. Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. And here in the first place we have a very strong resistance at $29325 equal to 0.786 Fib from which the price has currently rebounded, but when it manages to break it, the next strong resistance will appear at the price of $29910. Please note the CHOP index which indicates that the energy has been used, the MACD indicator indicates the entry into an uptrend, while the RSI has crossed the upper limit of the range, which may lead to a price correction or a temporary sideways trend.
by cryptodailyuk
Daily ETH 1HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on a 1-hour time frame. 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 HKEX:1877 , if the support is broken then the next support is HKEX:1859 , HKEX:1845 and $1830. Now let's move on to the resistance line, as you can see the first resistance is HKEX:1912 , if you break it the next resistance will be TSE:1934 and $1964. Looking at the CHOP indicator, we see that the energy has been used, the MACD confirms the local uptrend, while the RSI has crossed the upper limit of the range, which may lead to a rebound in the price after the recent increase.
by cryptodailyuk
SOYBEAN FUTURES Weekly Technical AnalysisZS1! Weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines, Cluster, Confluence, Parallel Channels, Pitchfork, Fibonacci Extension - Hope it Helps, Good Luck DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for informational, educational and research purposes only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The author or persons involved in the conception, production and distribution of this material cannot be held responsible for transactions or any financial loss or damages resulting directly or indirectly from the use or application of any concepts or information contained in or derived from this material. Past performance is not indicative of future results. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves.
CBOT:ZS1!
by BahamasX