Get started

Trendanalyse

BTC/USDT 1H IntervalHello everyone, let's take a look at the BTC to USDT chart on a one 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 around $39,185, then the second support at $38,334, and then the third support at $36,932. Looking the other way, there is significant resistance at $40,260, followed by a resistance zone from $41,091 to $41,502. The RSI shows room for further decline, while the STOCH indicator is approaching the lower limit, which may result in a price rebound.
by cryptodailyuk
BTC/USDT 4HInterval ChartHello everyone, I invite you to check the current situation on BTC in pair with USDT, taking into account the four-hour interval. As you can see, the upward trend line marked in yellow has been broken, and currently we can designate a local downward trend channel using blue lines. Going further, using the fib retracement tool, we will determine the supports that we should take into account when the price starts falling again. And here you can see how the support at the level of $39,024 kept the price from falling further, but if the support is broken, the next level is $36,280, and then around $32,831. Looking the other way, we can also use Fib Retracement to determine the resistances that should be taken into account. And here you can see that first we have resistance at the level of $45,469, then the level around $45,000 is significant, and then the price must overcome the strong resistance zone from $46,726 to $49,000. Now please look at the RSI indicator because you can see that a small price increase was reflected in the indicator, which still has room for growth. However, the STOCH indicator shows that we are approaching the downward trend line, which may potentially cause the price to decline and drop again.
by cryptodailyuk
ETH/USDT 4HIntervalHello everyone, please look at the ETH chart on a four-hour time frame. As you can see, the price remains below the local downtrend line. After unfolding the Fib Retracement grid, you can see how the support at $2,212 held the price, and then there is strong support at $2,074. Looking the other way, we have significant resistance at $2,375, followed by a strong zone from $2,599 to $2,715. The RSI indicator shows a fight against the downward trend line, while the STOCH indicator still has room to try to raise the price.
by cryptodailyuk
Bullish on Snowflake Inc. ($SNOW)NYSE:SNOW is looking to break through a major resistance price of $205 and start snowballing to the north of the charts. Targeting the $300 price which is the next major price level. Snowflake has demonstrated remarkable revenue growth since its IPO!! As businesses increasingly migrate to the cloud for data storage and analytics, Snowflake's innovative cloud-native data platform stands out. Its architecture allows for seamless scalability, flexibility, and real-time data insights, making it a preferred choice for enterprises seeking advanced data solutions The company's subscription-based model, coupled with a diverse customer base, contributes to a steady revenue stream. With a rising demand for cloud data warehousing and analytics, Snowflake is well-positioned to capitalize on this trend and continue its impressive revenue trajectory which will reflect its stock price. Make it SNOW $$$
NYSE:SNOWLong
by EgideSimba
9
ETH/USDT 4HInterval I invite you to review the chart of ETH in pair with USDT, taking into account the four-hour interval. We will start by identifying the upward trend line from which the price broke lower and created a local downtrend channel, from which the price also broke lower. By looking at the current price decline using the Fib Retracement tool, we will check the current supports that we should take into account. And here you can see that the price is approaching the support level of $2,319, then we have visible support at $2,209, and then it is worth marking strong support at $2,073. At this point, it is worth turning on the EMA Cross 10 and 30 indicator, which confirms the moment of transition into a local downtrend. However, when we turn on ema cross 50 and 200, we can see that despite the current correction, we are still in a strong upward trend. Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here we have the first resistance at the price of $2,491, then we can see strong resistance that twice rejected the price at $2,578. And then there is a strong resistance zone from $2,640 to $2,717, which has kept the price from making more gains. Please look at the RSI indicator, you can see here that we are approaching the lower limit, which may stop the current trend, the situation is similar with the STOCH indicator, which is based on the lower limit of the range.
by cryptodailyuk
1
BTC/USDT 1HInterval ChartHello everyone, I invite you to check the BTC situation on an hourly basis. First, we will use the blue lines to mark the local channel of the sideways trend, in which this time we will use the yellow line to define the downward trend. As you can see, the price remains at the lower border of the channel, and after unfolding the FIb Retracement grid, we can see how the price is struggling with the support zone from $40,689 to $40,278. However, if we see a break from the current channel and the price drops below the zone, it may result in a drop to the support level of $39,094. Looking the other way, we can similarly determine resistance when the price starts to rise, and here we see resistance at the level of $41,050, while further it is worth defining the resistance zone from $41,798 to $42,200, which has so far effectively kept the price from further increases. To confirm the local downward trend, we can turn on the EMA Cross 10 and 30 indicator, which shows how systematically the red ema cross 10 line remains below the green ema cross 30 line. However, on the RSI indicator and the STOCH indicator, we see a visible movement in the lower part of the range and we can see how small rebounds are used to bring the BTC price to a lower level.
by cryptodailyuk
BNB/USDT 4H ChartI invite you to a quick review of BNB to USDT on a four-hour interval. As you can see, the price is moving above the local uptrend line. Looking at the current increase, we will unfold the Fib Retracement grid, and we can see that the price is fighting a strong resistance zone from $317 to $321, while we still have resistance at $330. Looking the other way, there is support at $308.5, while the support zone from $296 to $289 is still important. The RSI indicator remains in the upper part of the range, while the STOCH indicator exceeds the upper limit, which may result in a price recovery.
by cryptodailyuk
BTC/USDT 1HInterval ChartHello everyone, please look at the BTC to USDT chart on a one hour time frame. As you can see, the price is fighting against the local downtrend line. After unfolding the trend based fib extension saitka, you can see support at the level of $41,410, the second one at $40,926, and the next one around $40,132. Looking the other way, there is significant resistance at $42,176, and then a second one at $42,663. The RSI indicator moves sideways, near the middle of the range, while the STOCH indicator shows a movement in the lower part, which may result in an upward movement in the price.
by cryptodailyuk
LINK/USDT 1HInterval Chart I invite you to review the LINK chart in the USDT pair, also on a one-hour interval. First, we will use the blue lines to mark the upward trend channel where the price is struggling to maintain its position, while the local yellow circle will mark the local upward trend lines to which the price is trying to return. After unfolding the trend based fib extension grid, you can see the support at the level of $14.82, which has held the price for now, then the second support at $14.31, and then the third support around $13.44. Looking the other way, we see that the price is heading towards the resistance level of $15.53, which had previously decreased the price, the next resistance is at $16.11, only after breaking above it, the price will be able to move towards $17. The RSI indicator shows that we are staying near the middle of the range, while the STOCH indicator still has room for the price to drop to lower levels.
by cryptodailyuk
BNB/USDT 1HInterval ChartI invite you to review the BNB chart. And here we can start by defining the downtrend line with the yellow line, then we can use the blue color to mark the upward trend channel in which the price moves at the lower border. Let's now move on to the trend based fib extension grid, thanks to which we can see how the price is struggling with the support at $311, after breaking out from the bottom we can see support at the price of $304, and the support zone from $299 to $293 will be more important. Looking the other way, we can use the mesh to check the places of resistance. And here we can see effective resistance at the price of $318, but when the price overcomes it, we can see an increase towards the strong resistance zone from $332 to $339. As for the RSI indicator and the STOCH indicator, similar behavior can be seen here as in the case of BTC and ETH, because exceeding the upper limit on the STOCH indicator resulted in a rebound on the chart and the RSI indicator.
by cryptodailyuk
ETH/USDT 1H Short-TermHello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. The price still remains below the local downtrend line. After unfolding the Fib Retracement grid, there is support at $2,470, followed by strong support around $2,380. Looking the other way, you can see how the price turned back before the resistance at $2,499, while we still have a strong resistance zone from $2,573 to $2,614. There is room for growth on the RSI, but the STOCH indicator has exceeded the upper limit and we have a visible rebound, with room for a larger price decline.
by cryptodailyuk
BTC/USDC Short-TermHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price has dropped significantly and remains below the downtrend line. After unfolding the trend based fib extension grid, you can see support at $40,602, and then strong support at $39,217. Looking the other way, we have resistance at $41,476, the second at $41,936, and the third strong resistance at $42,664. The RSI shows room for the price to go lower, while the STOCH indicator is approaching the lower limit, which stopped the price decline.
by cryptodailyuk
LINK/USDT 4HInterval ChartI invite you to review the LINK chart on a four-hour interval. As we can see, the price has overcome the downward trend lines, but currently the blue lines mark the upward trend channel that the price has created with upward movements. Let's start by laying out the Fib Retracement grid, which will help determine price support points, and we can see that first we have support at $14.80, and then we can see a strong support zone from $13.10 to $12.20. Looking the other way, we can similarly determine the resistance areas that the price must face. And here you can see the price approaching a strong resistance zone from $16.48 to $17.64. If the price breaks out of this zone and tests it positively, we may see increases towards the resistance level of $31. Please look at the RSI indicator because you can see that we are approaching the upper limit, but there is still room for further increases. However, the STOCH indicator shows an increase to the upper limit, which limits the upward movement and may result in a price recovery.
by cryptodailyuk
BTC 1H Bearish Pennant?Hello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the short interval of one hour. We will start by defining the downward trend line in yellow, and here we can see how the price left this line sideways and formed the so-called Bearish Pennant, which we used blue lines to mark. It's worth taking a moment to discuss Bearish Pennant here, as it is characterized by a downward price breakout. We can determine the stoploss level and then go lower and determine the entry level if we want to play a short position. And in this situation, you can often see a breakout at the height level between the stoploss position and the entry into the position. Now we can move closer to the chart taking into account recent price movements in order to check for resistance points in the event of a trend reversal. And here, after unfolding the trend based fib extension grid, you can see resistance at the level of $43,124, and then, near the designated stoploss, you can see the resistance zone from $43,882 to $44,281. Looking the other way, we can similarly identify support areas when the price starts to fall lower. And here you can see how the price is based on the support zone from $42,518 to $42,225, but if the zone is broken, we will see support around $41,393. At this point, it is worth turning on the EMA Cross 10 and 30 indicator, because we can see how the red line crossed the green line from above, which confirms the return to the local downtrend. The RSI indicator shows that it has started to reverse after crossing the middle of the range and still has room to decline. However, the STOCH indicator shows that energy is starting to run out, which may cause the price to slow down again.
by cryptodailyuk
BNB/USDT Short-Term 1HHello everyone, let's take a look at the BNB to USDT chart on a one hour time frame. As you can see, the price is moving above the local uptrend line. After unfolding the trend based fib extension grid, you can see support at $311, and then a support zone from $299 to $293. Looking the other way, strong resistance appears at $324, followed by a resistance zone from $338 to $345. The RSI indicator is recovering with room for further decline, while the STOCH indicator has a temporary rebound, which keeps the price falling.
by cryptodailyuk
ETH/USDT 4H ChartI invite you to review the chart of ETH in pair with USDT, also on a four-hour time frame. You can see here a similar movement behavior as in the BTC chart, it can also be defined with blue lines, a local channel of an upward trend, in which the price remains for now. Going further, it is worth spreading the fib retracement grid to determine price supports. And as you can see, the first support at $2,472 maintains the current declines, we will further define the support zone from $2,319 to $2,209, and when the price breaks out of this zone it may go down to $2,071 Looking the other way, you can see that the resistance level at $2,553 stops the price from making larger moves, but if we come out on top, it is still worth marking the resistance zone from $2,664 to $2,720, which stops the price from moving towards $2,900. In this situation, it is worth looking at the EMA Cross 10 and 30 indicator, because you can see how the red EMA Cross 10 line is approaching the intersection of the green EMA Cross 30 from above, which could give a local downward impulse. On the RSI indicator, we reached the middle of the range, with room for further movements, while the STOCH indicator rebounded dynamically, but this may indicate a temporary local movement of the side trend.
by cryptodailyuk
1
BTC/USDT 4H Interval Chart ReviewHello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the four-hour interval. First, we will use blue lines to mark the local channel of the upward trend, from which we could observe how the price dynamically breaks out from the bottom. After determining the height of the channel, we can see that the price drop after leaving it at the bottom resulted in a similar level of declines. Now we can move on to marking support areas in case the correction begins to deepen. And here, after unfolding the Fib Retracement grid, it is first worth marking the support zone from $42,521 to $40,791, but when we fall below this zone, we may experience another quick price drop to around $35,689. Even to confirm, after unfolding the trend based fib extension grid, it can be seen that the level of the lower border of the support zone coincides with the level of 1.618fib, while the support below coincides with the level of 2.618fib. Looking the other way, in a similar way using a fib retracement mesh, we can determine the places of resistance. Here we will start by identifying the resistance at $44,356, then it is worth considering the resistance zone from $47,377 to $48,999, which includes the currently established peak, and then we see resistance around $53,512. After turning on the EMA Cross 50 and 200 indicator, you can see that despite the strong rebound that was triggered by events related to spot etf on BTC. resulted in a decline of approximately 15%, but the indicator still indicates a strong upward trend. The RSI indicator shows a slight increase despite a slight price change on the chart, while the STOCH indicator shows a strong upward movement, which creates room for a new downward impulse that we should keep an eye on.
by cryptodailyuk