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Supportandresitance

BNB/USDT 4HInterval Chart support and resistanceHello everyone, let's take a look at the BNB to USDT chart on a four-hour time frame. As you can see, the price is moving below the local downtrend line. After unfolding the trend based fib extension grid, you can see support at the level of $302, which has maintained the price, and then you can see the support zone from $295 to $286. Looking the other way, there is resistance at $313, followed by a strong resistance zone from $327 to $334. Looking at the RSI indicator, we can see a rebound with room for a larger decline, while the STOCH indicator shows a rebound from the lower limit, which is also confirmed by a slight price rebound on the chart.
by cryptodailyuk
Nearby supports and resistances for ETHNearby supports and resistances for ETH. As you can see, the price remains below the local downtrend line. After unfolding the Fib Retracement grid, you can see the current support at $2,207, but it is worth defining a strong support zone from $2,115 to $2,066. Looking the other way, you can see the resistance that dropped the price at $2,293, and then there is a strong resistance zone from $2,355 to $2,434. The RSI indicator is near the middle of the range below the downward trend line, while the STOCH indicator still has room to make a downward move.
by cryptodailyuk
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BTC Short-Term Chart 1HSupports and resistances for BTC in pair with USDT taking into account the time frame of one hour. As you can see, the price returned above the local upward trend line. After unfolding the Fib Retracement grid, it can be seen that the price is struggling to maintain the resistance at $43,872, and still needs to overcome the strong resistance zone from $44,762 to $45,875. Looking the other way, you can see support at $42,927, then at $42,050, and then the support zone from $41,421 to $40,620. Looking at the RSI indicator, we can see a dynamic increase with room for further movement, while the STOCH indicator is reflecting from the upper limit, which may result in a price recovery.
by cryptodailyuk
ETC/USDT 4H ChartI invite you to review the ETC chart on a four-hour interval. We will start by defining, using the blue lines, the upward trend channel from which we tried to exit at the bottom. Locally, a yellow downward trend line has formed. Let's now move on to marking support areas for the price and here, after unfolding the trend based fib extension grid, we can see that the price with dynamic movements returned to the support zone from $20.56 to $19.52, while leaving the zone at the bottom may result in a strong decline even to the vicinity $16.50. Looking the other way, we can similarly determine the resistance areas that the price must face. And here we can see the $20.76 level again as resistance, after which we can see increases towards the strong resistance zone from $23.12 to $24.38 just at the upper border of the previously mentioned channel. Looking at the RSI indicator, we can see that we have approached the lower limit, which could have slowed down the decline, but there is still room for recovery, while the STOCH indicator shows a quick rebound from the lower limit, which gives us energy for another price drop.
by cryptodailyuk
ETH/USDT 4HInterval ChartHello everyone, I invite you to review the chart of ETH in pair with USDT, on a four-hour interval. First of all, we can use the blue lines to mark the upward trend channel from which we could observe a breakout at the bottom, after which the price struggles to maintain the level. Now let's move on to marking the support places. We will use the Fib Retracement tool to mark the supports, and as you can see, the price has dynamically returned and remains in the support zone from $2,243 to $2,191, then there is support which stopped the price drop around $2,120, but if the price breaks out of it, we can see a return in around strong support at $1918. Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here again the resistance level is $2,302, then there is a strong resistance zone from $2,365 to $2,445, which stops the move to around $2,674. When we turn on EMA Cross 10 and 30, we can see confirmation of a potential downward trend. The RSI indicator shows a strong recovery, a return to the place where the price rebounded previously, but with room for the price to go lower, while the STOCH indicator also shows a strong recovery with visible room for another decline.
by cryptodailyuk
BTC Long-Term Hello everyone, I invite you to check the long-term view of the situation of BTC in pair with USDT. For this purpose, we will start by defining the main downward trend line using the yellow line, from which the price, after going up, began to create the current upward trend channel marked in blue. Going further, using the Fib Retracement grid, which should be spread from the last price peak to the bottom, we will determine a very strong resistance at $48,634 at 0.618 Fib, the so-called golden Fibon point, at which the price had a pre-halving correction in previous cycles. Further, taking into account the latest local movement, we will spread the trend based fib extension grid, thanks to which we can expand the resistance to the resistance zone from $46,729 to $48,634. This is a zone with very strong resistance on the way to the new ATH. Looking the other way, you should determine the support points when the price starts to recover, similarly here, from the price bottom, we will spread the Fib Retracement grid and determine the support at the level of $34,566, and the second one at the level of $27,297. At this point, taking into account the recent increase, we will again unfold the fib retracement grid, thanks to which we can see additional support at the level of $37,990, and the support lower can be extended to the support zone from $34,566 to $33,092. Please look at the RSI indicator, which shows that there is a lot of room for further price recovery, and if we look at the STOCH indicator, it also shows room for recovery.
by cryptodailyuk
BTC/USDT 4HInterval Support and ResistanceHello everyone, let's take a look at the BTC to USDT chart on a four-hour time frame. As you can see, the price dynamically moved up from the local downward trend line. After unfolding the Fib Retracement grid, it can be seen that the upward movement has brought the price closer to the important resistance at $46,313. Looking the other way, we have visible support at $44,139, and then there is a strong support zone from $42,293 to $41,311. It is worth looking at the RSI indicator, which turns around at the upper limit, similarly to the STOCH indicator, which exceeded the upper limit and, like RSI, indicates a price recovery.
by cryptodailyuk
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Bitcoin AnalysisSo many ways you can look at Bitcoin and all say the same thing. My goal is to highlight the different perspectives in the market Crypto. 1. Eaglizer Strat Daily: Price needs to reclaim 8 EMA (white moving average) for upside. 2. Range: Price needs to reclaim the Median level (white dotted line) for more upside. 3. Trendline: Price needs to reclaim the Trendline (yellow) on for upside. In summary we're at an area that will determine if we are going to reclaim and continue higher or go down for a correction.
BINANCE:BTCUSD
by Eaglizer
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Nearby supports and resistances for BTCNearby supports and resistances for BTC. As you can see, the price remains above the local upward trend line. After unfolding the trend based fib extension grid, you can see the support zone from $42,370 to $42,228, and then we have support at the level of 41,821. Looking the other way, we see resistance at $42,706, while further we have a strong resistance zone from $43,080 to $43,281. We have exceeded the upper limit on the RSI, but looking at the STOCH indicator we can see a greater price recovery.
by cryptodailyuk
ETH/USDT 1HInterval Short-Term ChartNearby Supports and Resistances for ETH will support USDT. As you can see, the price remains below the local downtrend line. After unfolding the Fib Retracement grid, you can see the support zone from $2,281 to $2,234, while there is support at $2,178. Looking the other way, there is resistance at $2,326, and then there is a strong resistance zone from $2,406 to $2,445. On the RSi indicator, we returned to the middle of the range, but looking at the STOCH indicator, we can expect a deeper correction.
by cryptodailyuk