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MATIC/USDT 4HInterval Resistance and SupportHello everyone, let's look at the MATIC 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 $1.07, if the support is broken then the next support is $1.06 and $1.04. Now let's go to the resistance line, as you can see first we have a resistance zone from $1.08 to $1.10, if we manage to break it, the second zone is from $1.11 to $1.12 and then resistance at $1.13. Looking at the CHOP indicator, we see that there is a lot of energy for further movement, the MACD is on the verge of returning to a local downtrend, while the RSI is in the process of rebounding in a downtrend..
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by cryptodailyuk
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 downtrend line. Let's start with the support line and as you can see the first support in the near future is $1768, if the support is broken then the next support is $1746, $1730 and $1713. Now let's move on to the resistance line, as you can see the first resistance is $1804, if you manage to break it, the next resistance will be $1829 and $1861. Looking at the CHOP indicator, we see that the energy is rising, the MACD indicates entering a local uptrend, while the RSI, despite the increase, we see that there is still room for continuation of the current move.
by cryptodailyuk
1
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 $27350, which currently held the price, if the support is broken then the next support is $26970, and then at the price of $26478. Now let's go to the resistance line, as you can see the first resistance is $27502, if we manage to break it, the next resistance will be $27821, the third resistance will be $28065 and the fourth resistance is at $28323. Looking at the CHOP indicator, we see that there is still some energy left for the move, the MACD confirms the ongoing downward trend, while the RSI has a further rebound, which will create room for new increases in the longer term.
by cryptodailyuk
2
AMAT -Rising Trend Channel [SHORT TERM]- AMAT is in a rising trend channel in the short term. - AMAT has given a positive signal from the inverse head and shoulders formation by a break up through the resistance at 119. - Further rise to 128 or more is signaled. - AMAT has support at 110 and resistance at 124. - Overall assessed as technically positive for the short term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price We hope that you have made good gains with the #wavepoint Verify it first and believe later. WavePoint ❤️
NASDAQ:AMATLong
by wavepoint99
Daily BTC ShortTerm 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 $28466, if the support is broken then the next support is $28302, $28151 and 28009 . Now let's move on to the resistance line, as you can see the first resistance the price is currently fighting is $28623, if it manages to break it, the next resistance will be $28815 and $29056. Looking at the CHOP indicator, we see that there is a lot of energy for the move, the MACD is close to returning to the local uptrend, however, the RSI is approaching the upper limit, which in the coming time may lead to another price rebound.
by cryptodailyuk
DOT/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the DOT chart in pair to USDT, on a four-hour interval. First, we will use the yellow line to mark the uptrend line from which the price has gone down, then with the blue lines we will mark the downtrend channel in which the price is moving in the lower range. Going further, we can move on to marking support areas in a situation where the correction will deepen. Currently, the DOT price has fallen below the strong support at 0.618 FIB and now the first support is at $6.09 and the second support is at $5.92. Looking the other way, we will start by marking a strong resistance zone from $6.37 to $6.51, when the price goes up from this zone, the next resistance is at $6.62, the third at $6.73, and then the fourth at $6.89. At this point, it is worth looking at the EMA Cross 10 and 30, as we can see the red EMA Cross 10 curves, while when it crosses the green EMA Cross 30 from above, it will give us confirmation of the return to the downtrend. As you can see on the CHOP index, we have a lot of energy for further moves, MACD confirms the ongoing local downtrend, while on the RSI we have a rebound and we have gone to the lower part of the range, which gives us room for new increases.
by cryptodailyuk
1
Daily BTC 1HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 1-hour time frame. As you can see, the price is moving in the triangle marked with yellow lines. Let's start with the support line and as you can see the first support in the near future is $27857, if the support is broken then the next support is $27710, $27503 and $27233. Now let's move on to the resistance line, as you can see first we have a resistance zone from $28025 to $28225, if we manage to break it the next resistance will be $28379, $28540 and $28770. Looking at the CHOP indicator, we can see that we still have the energy to move, the MACD indicates a transition to a local downtrend, while the RSI is moving around the middle of the range, which makes it difficult to clearly choose the direction.
by cryptodailyuk
SOL/USDT 4HInterval Resistance and SupportHello everyone, let's look at the SOL to USDT chart on a 4-hour timeframe. As you can see, the price is moving above the local uptrend line. Let's start with determining the support and here we can first mark the support zone from $21.64 to $21.23, if the support is broken then the next support is $20.85, then $20.28 and $19.54. Now let's move to the resistance line, as you can see we first have a resistance zone from $22.06 to $22.68, if we break it, the next resistance will be $23.18, $23.68 and $24.40. Looking at the CHOP indicator, we see that we have more and more energy, the MACD indicates a local downtrend, while the RSI is rebounding, which may give room for new increases.
by cryptodailyuk
3
AMZN - Falling Trend [MIDTERM]- AMZN shows weak development in a falling trend channel in the medium long term. - This signals increasing pessimism among investors and indicates further decline for AMZN. - However, the price has broken a resistance level in the short term and given a positive signal for the short-term trading range. - AMZN is approaching's resistance at 100 , which may give a negative reaction. - However, a break upwards through 103 will be a positive signal. - Overall assessed as technically negative for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, LT TP: Long Term Target Price Verify it first and believe later. WavePoint ❤️
NASDAQ:AMZN
by wavepoint99
DOT/USDT 4HInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a 4-hour timeframe. As you can see, the price has decisively broken the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $6.36, if the support is broken then the next support is $6.25, $6.16 and $6.06. Now let's move to the resistance line, as you can see the first resistance is $6.59, if you manage to break it, the next resistance will be $6.71, $6.80 and $6.90. Looking at the CHOP indicator, we see that the energy is being consumed, the MACD indicates a local uptrend, while the RSI indicator has touched the upper limit and we immediately see a price correction.
by cryptodailyuk
1
DOT/USDT 4HInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a 4-hour 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 $5.28, if the support is broken then the next support is $5.17 and $5.03. Now let's move to the resistance line, as you can see the first resistance is $5.38, if you manage to break it, the next resistance will be $5.46, $5.52 and $5.59. Looking at the CHOP indicator, we see that the energy is gathering strength, the MACD indicates that the price is about to return to a downtrend, while the RSI shows that we are moving at the lower end of the range, which could potentially give a sideways trend or increases.
by cryptodailyuk
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 in the local downtrend channel. Let's start with the support line and as you can see the first support in the near future is $1495, if the support is broken then the next support is $1462, $1436 and $1410. Now let's move to the resistance line, as you can see the first resistance is $1590, if you manage to break it, the next resistance will be $1631, $1665 and $1698. Looking at the CHOP indicator, we see that we have a lot of energy to move, the MACD indicates a local downtrend, while the RSI is moving at the lower limit, which may affect the trend change.
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 is moving in the lower part of the downtrend channel. Let's start with the support line and as you can see the first support in the near future is $21954, if the support is broken then the next support is $21833 and $21738 . Now let's move on to the resistance line, as you can see the first resistance is $22014, if you manage to break it the next resistance will be $22115 and $22198. Looking at the CHOP indicator, we see that we still have the energy to move, the MACD indicates entering a local downtrend, while the RSI is moving at the lower end of the range, which can potentially give a change in the trend.
by cryptodailyuk