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Trendanalyse

BTC/USDT Short-Term Chart 1HHello 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 struggling to stay in the local horizontal trend channel. After unfolding the trend based fib extension grid, you can see a support zone just below the side trend channel from $26,113 to $35,711, and further decline may stop the support at $25,220. Looking the other way, a resistance zone has formed from $36,568 to $36,784, followed by a strong zone from $37,324 to $37,725. Looking at the CHOP indicator, we see that there is still energy for a decline, and the RSI indicator, similarly to the STOCH indicator, also shows room for a deepening downward move.
COINBASE:BTCUSD
by cryptodailyuk
BTC/USDT 1DInterval ChartHello everyone, I invite you to review the current situation on BTC in the USDT pair, taking into account the one-day time frame. First, we will use blue lines to mark the local upward trend channel in which the BTC price is moving at the upper limit. To check where we are, we will use the Fib Retracement tool. And here a strong resistance zone should be marked, which in the long term blocks the price from $35,677 to $41,195, what's more, it is also the upper limit of the currently marked channel, only after we exit this zone upwards, we should see it tested and then a possible upward movement towards resistance at $48,107. However, when this zone rejects the price and a larger correction begins, we may see the price return to the strong support zone from $32,715 to $29,404. only when the price breaks through the bottom, we still have the second zone from $24,119 to $20,285. After turning on the EMA Cross 50 and 200 indicator, it is clearly visible that the price remains in a very strong upward trend, although we may see a correction in the coming days. Please pay attention to the CHOP index, which indicates that energy is being collected again, on the RSI indicator we are moving at the upper limit, similarly to the STOCH indicator, which may also affect the price recovery after the recent increases.
by cryptodailyuk
BTC/USDT 1H Chart Hello everyone, let's take a look at the BTC to USDT chart for one hour. As you can see, the price is struggling to maintain the downtrend line. After unfolding the Trend based fib extension grid, you can see a strong support zone from the level of $37,011 to the level of $36,673, with a larger decline, the price should have support at the level of $35,735. Looking the other way, we can see that the level of $37,428 is reducing the price, but we still have a strong resistance zone from $37,866 to $38,183. Looking at the CHOP indicator, we see that there is energy for a continuation of the movement, the RSI indicator is moving in a sideways trend, while the STOCH indicator indicates a possible price drop.
COINBASE:BTCUSD
by cryptodailyuk
BNB Short-Term Chart 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 the support lines at $252.6, and then there is a visible support zone from $247.9 to $245.8. Looking the other way, you can see that the price is approaching the resistance zone from $255.8 to $258, and then we have resistance at $261.3. Looking at the CHOP indicator, we see that there is still some energy left for the move, the RSI indicator shows an increase with room for the price to go slightly higher, but the STOCH indicator shows that the upper limit has been exceeded, which may result in a price recovery.
by cryptodailyuk
TOMO/USDT 4HInterval Chart ReviewHello everyone, I invite you to review the TOMO chart in the pair to USDT, as before on the four-hour interval. First, we will use the yellow line to identify a strong upward trend line, which, as we can see, the price has broken with a dynamic downward movement. At this point, however, it is worth adding a second line, thus defining the upward trend channel, in which, when we determine the height of the channel, we can see that the price drop is very close to the height of the channel itself. Going further, we can move on to marking support areas when we start a larger correction. For this purpose, we will use the Fib Retracement tool, based on the recent upward movement, we can see that the price has returned to a very strong support at the level of $1.15, which is trying to maintain the price, while we still have support at the level of $0.95. Looking the other way, we see that the price has a significant resistance zone on its upward path from $1.28 to $1.40, only later it will be able to move towards the very strong resistance at $1.73. Please look at the CHOP index, which indicates that most of the energy has been used, the RSI indicator has rebounded from the lower limit, but it is worth being careful whether it is a false break, because the STOCH indicator shows that there is still room for the price to go lower.
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by cryptodailyuk
ETH in an important resistance zone!As the second chart in today's review, we will check ETH against USDT, taking into account the four-hour time frame. First of all, we can use the blue lines to mark the downtrend channel from which we saw the exit at the top. Here we will start by unfolding the Trend Based Fib Extension tool in order to determine a strong resistance zone that has stopped the current strong price increase, the zone from $2089 to $2253, only an exit from this zone and a positive test of it can open the way towards the resistance at $2730 . However, if we look the other way, using the same tool we will determine price support locations. And here we will start by identifying the support zone from $1,980 to $1,884, but when this zone is broken, we may see a decline to the area of the second zone from $1,619 to $1,481. Index CHOP indicates that energy has been used. The RSI indicator and the STOCH indicator show that the upper limit has been exceeded, which may result in a price recovery after the recent increase.
by cryptodailyuk
ETH/USDT 4HInterval Chart!Hello everyone, let's take a look at the ETH to USDT chart on a 4-hour time frame. As you can see, the price dynamically moved higher from the downward trend line. When we break down the saitke trend based fib extension, we will see a visible support zone from $1,924 to $1,844, and then we have a second zone from $1,716 to $1,626. Looking the other way, you can see a break through the resistance at $1,967, but at this point it is worth marking the zone from $1,969 to $2,047, only when the price tests it will it move towards the resistance at $2,241. Looking at the CHOP indicator, we see that the energy in this movement is running out, the RSI indicator shows that the upper limit has been touched, which has slowed down the current increase, and the STOCH indicator shows that the upper limit has been exceeded, which should result in a price recovery in the coming hours.
by cryptodailyuk
DOT/USDT 4HInterval ChartThird, we will check the DOT chart on a four-hour interval. As we can see, the price has broken the downtrend lines, creating a current uptrend which we used the blue lines to describe. Let's start by marking support points for the price and we can see that first we have a support zone from $4.73 to $4.51, however, if the price drops lower, we can see the price return to a very strong support zone from $4.15 to $3 $.89. Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the price is currently fighting against a strong resistance zone from $4.92 to $5.29, and when it manages to break out of it, it will be able to move towards the resistance at $5.76. The CHOP index indicates that there is a lot of energy for movement, on the RSI indicator we are approaching the upper limit again, and on the STOCH indicator we will soon exceed the upper limit, which should result in a rebound for the price.
by cryptodailyuk
BTC 1HInterval Chart ReviewHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price remains above the local downtrend line. After unfolding the Fib Retracement grid, you can see that the price maintains support at $35,244, then we have a strong zone from $34,513 to $34,124, which protects us from falling to the support level of $33,006. Looking the other way, you can see that the price has been rejected again by the resistance zone from $35,600 to $36,000, but when we come out on top, the price will be able to move towards the resistance at $34,162. Looking at the CHOP indicator, we see that there is a lot of energy to continue the movement, the RSI indicator shows a recovery, but there is still room for price declines, and the STOCH indicator is approaching the upper limit, which may result in a stronger price recovery.
by cryptodailyuk
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BNB/USDT Chart 4HIntervalHello everyone, I invite you to review the BNB pair to USDT chart. First, we will use the yellow line to determine the downward trend from which the price has moved upwards, moving into the upward trend channel, marked with the blue lines, in which the price moves at the upper limit of the range. Going further, we can move on to marking support areas when we start a larger correction. And here, first of all, we have a support zone from $240 to $231, but if the zone does not maintain support, we may see the price return to the area of the second zone from $217.5 to $207. Looking the other way, we see that the price is fighting in a strong resistance zone from $247 to $255, only when we break out of it and then it is positively tested, we should see a move towards the resistance at $277. When we turn on EMA Cross 50 and 200, we have clear confirmation of the return to a strong upward trend, which should now be watched to see how this indicator will behave further. Please look at the CHOP index, which indicates that the energy is approaching exhaustion, while the RSI and STOCH indicators show that the upper limit has been exceeded, which has stopped further price growth and should result in a price recovery.
by cryptodailyuk
BTC Dominance 4HInterval ChartHello everyone, I invite you to review the current situation of BTC's dominance over the rest of the cryptocurrency market. First, we will use the blue lines to define the upward trend channel in which we have been moving for a long time. Now we can move on to marking support areas in case the correction continues to deepen, to determine current supports we will use the Trend Based Fib Extension tool and here we can see the support zone from 52.54% to $52, where the price is currently located, however, we still have support at the level of 51.29%, and then we can see a quick decline to the support level of 49.27%. Looking the other way, we will determine resistance in a similar way. And here you can see that the strong zone from 53.20% to 54.35% reacted strongly to the dominance and rejected its increase, only when we go above this zone can we move towards strong resistance at the level of 57.65%. Please pay attention to the CHOP index, which shows that the current movement is running out of energy, the RSI indicator and the STOCH indicator show that we are exceeding the lower limit, which should stop the current downward movement.
CRYPTOCAP:BTC.D
by cryptodailyuk
BTC Short-Term 1HInterval ChartHello 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 trying to stay above the local downtrend line. After unfolding the Trend Based Fib Extension grid, we can see support at $34,690, and then we have a significant support zone from $34,243 to $33,924. Looking the other way, there is a resistance zone from $35,275 to $35,597, which is currently rejecting the price, while we still have resistance at $36,000. Looking at the CHOP indicator, we see that there is energy to continue the movement, on the RSI indicator we are near the middle of the range, while on the STOCH indicator we are at the upper limit, which may indicate a greater price recovery.
COINBASE:BTCUSD
by cryptodailyuk
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ETH/USDT Short-Term 1HHello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price moved sideways from the local downtrend line. When we unfold the trend based fib extension tool, we can see a support zone from $1,790 to $1,776, and then we have a second zone from $1,753 to $1,737. Looking the other way, you can see that the price is fighting in the resistance zone from $1,798 to $1,811, while it may continue towards the second zone from $1,848 to $1,867. Please pay attention to the RSI indicator, which shows room for a price increase, but the STOCH indicator shows that the upper limit has been exceeded, which has stopped the current upward movement and may provide a rebound.
by cryptodailyuk
BTC 1H Interval 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 remains above the local upward trend line. When we spread the trend based fib extension grid, we can determine the support zone from $35,321 to $34,925, and then we have support at $34,264. Looking the other way, we have a visible zone from $35,785 to $36,003, and then we have a second zone from $36,233 to $36,562. Please look at the RSI indicator, which is moving in the upper part of the range, which may bring a price decline, while the STOCH indicator indicates that there is still some room for the price to recover.
by cryptodailyuk