BTC/USDT 4H ChartSupports and resistances for BTC in pair to USDT on a four-hour time frame. As you can see, the price remains below the local downtrend line.
After unfolding the trend based fib extension grid, you can see support at $42,178, followed by a support zone from $41,005 to $40,410.
Looking the other way, there is resistance at $43,059, and then a resistance zone from $44,666 to $45,501.
It is worth looking at the RSI and STOCH indicators, because you can see that both have bounced off the downward trend line, which results in a new relaxation in the price.
Supportandresitance
ETH/USDT 4H ChartSupport and resistance for Ethereum, as you can see, the price remains on the local upward trend line.
After unfolding the trend based fib extension grid, we can see support at $2,260, and then we have a support zone from $2,174 to $2,128.
Looking the other way, we see resistance at $2,350, and then we have a strong resistance zone from $2,441 to $2,491.
The CHOP index indicates that there is a lot of energy for the upcoming move, while the STOCH indicator shows a rebound with room for further decline.
BTC/USDT Support and Resistance 30MIntervalThe closest supports and resistances for BTC to USDT, taking into account the 30-minute time frame.
after unfolding the trend based fib extension grid, we can mark support at $43,586, then we can see the support zone from $43,282 to $43,114, and then support at $42,651.
Looking the other way, you can see that the price is fighting against the resistance zone from $43,854 to $44,018, and then it may go towards the resistance at $44,449.
It is worth paying attention to the RSI indicator and the STOCH indicator, which are at the upper limit, which may result in a price recovery.
ETC/USDT 4HInterval ChartHello everyone, I invite you to review the ETC pair to USDT chart. First, we will use yellow lines to mark the downward trend line from which the price broke out with an upward movement. And currently we can see movement along the local upward trend line.
With the current upward movement, it is worth spreading the Fib Retracement grid, thanks to which we can determine a strong resistance zone from $21.58 to $22.39, in which the price is currently struggling, while an upward move from this zone may result in an upward movement around $23.44 .
On the other hand, when the recovery begins, we can see support at $20.80, then we can mark the zone from $19.94 to $19.33, and then support at $18.54.
If we look at the RSI indicator, we will see a movement at the upper limit of the range, just as on the STOCH indicator we are also bouncing from the upper limit. Looking at both of these indicators, we can expect the price to recover in the coming hours.
ETH/USDT 4HInterval ChartPlease see the chart of ETH in pair with USDT and here we will return to the four-hour interval. First, we will determine the local channel of the downward trend from which the price broke out with an upward movement.
In order to determine resistances, it is worth spreading the fib retracement grid, and we will see that the price is struggling with a strong resistance zone from $2,294 to $2,343, and when it is overcome, it will move towards the next important resistance at $2,404.
In the same way, to determine the supports, we will unfold the Fib Retracement grid again, we will see support at the level of $2257, the next one is around $2203, and then it is worth defining the support zone from $2165 to $21117, right at the lower border of the previously mentioned channel.
The CHOP indicator shows that there is still energy to make a move, the RSI indicator is approaching the upper limit, which may affect the price recovery, and the STOCH indicator shows a move near the upper limit, which may also affect the price's attempt to recover.
XAUUSD BUY & SELLHello Friends,
In this analysis as always i have multiple areas of sell and buy. To begin with currently price is at area 31 which is a buy side level, just below it exist level 26 which is also a potential winner. should price go up level 39 -42 is a supply zone and just above it there is a QM level which price reacted to yesterday and it would be second reaction(risky).
* As always make sure you pay attention to the news which is going to be published later this afternoon. *
Be honorable
BTC/USDT 1HInterval Short-TermHello everyone, I invite you to review the BTC to USDT chart and here we will check the situation in the one-hour time frame. It is worth starting by identifying the uptrend line from which the price broke out sideways, moving in the local sideways trend channel.
Now let's move on to marking the support places. We will use trend-based Fib extension grids to mark the supports and here we can immediately see that the price remains in the support zone from $43,691 to $43,510, then support appears at $42,961 and then we can see a drop to around $42 083 USD.
Looking the other way, we can similarly mark places where the price should encounter resistance on its way up. As you can see, resistance was formed at the level of USD 43,801, then just at the upper border of the horizontal trend channel there is a resistance zone from USD 44,216 to USD 44,435, and after overcoming it we can observe an increase to approximately USD 45,064.
Turning on EMA Cross 10 and 30 we see that they indicate a return to the local downtrend, it is worth watching the indicator's behavior in the coming hours.
The CHOP index indicates that there is still energy to move, on the RSI we are moving around the middle of the range in a local downward trend, while the STOCH indicator remains at the lower limit, which may result in an attempt to increase the price.
UNFIUSDT: Riding the Trend Waves with a Long Position! 🚀💹Introduction: 🌐 Uniswap (UNFI) enthusiasts are gearing up for a potential bullish ride! The trader has initiated a long position from $7.837, with a stop-loss set at $7.792. Let's delve into the details of this trade on the 30-minute timeframe.
Trade Details: 💰 The long position (#UNFIUSDT) takes off from $7.837, secured by a stop-loss at $7.792. The decision is supported by the coin forming distinct local resistance levels, marked by clear touches and the accumulation of participant stops. The compression along the trendline indicates the presence of limit buyers keen on updating the highs.
Technical Analysis: 📊 Zooming into the 30-minute timeframe, UNFI has shaped several local resistance levels with evident touches and the stacking of stops. The compression along the trendline signals the presence of limit buyers, indicating interest in pushing for new highs.
Expectations and Strategy: 🎯 The trader contemplates a gradual approach, navigating along the levels and increasing trading volumes ahead of the breakthrough.
Trade Target: 🚀 The primary goal is to ride the trend waves, capitalizing on the compression along the trendline and achieving potential profits as UNFI aims for new highs.
Conclusion: 🌟 UNFIUSDT invites traders to join the journey of potential gains. Prepare for a bullish ride, watch for compression along the trendline, and get ready to surf the waves of upward momentum! 🚀💹
BTC Dominance 4HChartHello everyone, I invite you to check the current situation on BTC domination on the four-hour interval. First, we will use the blue lines to define the local channel of the downward trend in which the price has rebounded from the upper limit.
Now we can move on to marking support places in the event that capital continues to move to alts. And here, first of all, we have visible support at the price of 52.52%, then at the lower border of the channel there is a visible support zone from 52.10% to 51.57%, and then we can see support around 50%.
Looking the other way, we will check the resistance areas, and here we can see that resistance has formed at the level of 53.12%, then there is a resistance zone from 53.59% to 53.86%, and then strong resistance around 54.58%.
Please pay attention to the CHOP index which indicates that most of the energy has been used, on the RSI indicator we have returned to the support point, which could have resulted in a slowdown in the decline, while on the STOCH indicator there is a movement below the lower limit, which may also translate into a rebound.
XRPUSDT: Ripple Effecting a Bullish Surge! 🚀💹Introduction: 🌐 Get ready for a ripple effect in the crypto markets with XRPUSDT! Traders are diving into a long position from $0.624, as the price transitions from a prolonged upward movement to a consolidation phase, marked by a bullish structural break. Let's explore the details of this potential surge.
Trade Details: 💰 The long position (#XRPUSDT) sets sail from $0.624, anchored with a stop-loss at $0.6. The rationale behind this move is the price's shift into a consolidation phase after a sustained upward movement, with an observable bullish structural break (BOS).
Technical Analysis: 📊 Zooming into the 1-hour timeframe, XRPUSDT has entered a consolidation phase, within which a bullish structural break (BOS) is apparent. The trader anticipates a continuation of the upward movement from current levels, aiming for a breakthrough and consolidation above the descending slope.
Expectations and Strategy: 🎯 The trader expects a 7.5% potential market movement, excluding leverage, as the price aims for a breakthrough and secure consolidation above the descending slope.
Trade Target: 🚀 The primary goal is to ride the ripple effect, capitalizing on the potential bullish surge and achieving a net market movement of 7.5%.
Conclusion: 🌊 XRPUSDT invites traders to ride the wave of potential profits. Prepare for a bullish surge, watch for the breakthrough and consolidation, and get ready to experience the ripple effect in the crypto markets! 🚀💹
Total account value: $374.50. Goal: $5,000. Follow this post. 🔥I have been practicing for exactly 1 month.
Took two accounts from 200 to 600/800.
But the gains did not hold up well. So I refined my strategy again and again.
Time to share the journey with you as it's happening. Going to post daily updates and trade reviews in the updates of this idea.
The goal is $5,000.
There will be bumps in the road, but I will try to prevent major setbacks.
You WILL need:
Cash account. Not margin.
Patience.
Discipline.
Take gains quickly. Stop waiting for moonshots.
Will be using trend analysis, chart patterns, etc. Get hyped.
Let's get this money - get ready and follow me/ this post.