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Trendanalyse

DOT/USDT 1D Interval ReviewHello everyone, let's look at the DOT to USDT chart on a one-day time frame. As you can see, the price is moving below the downtrend line. Let's start with the support line and as you can see the first support in the near future is $5, if the support is broken then the next support is $4.72, and then the third support at $4.50. Now let's move on to the resistance line, as you can see the first resistance is at $5.56, if it is broken then the next resistance will be at $5.83, the third at $6.05 and the fourth at $6.27. Looking at the CHOP indicator, we see that the energy is gathering strength, the MACD remains in a downward trend, while the RSI is moving at the lower limit, which affected the slowdown of the correction.
by cryptodailyuk
5
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on a single day time frame. As you can see, the price is moving below the uptrend line. Let's start with setting the support line and as you can see the first support which, as you can see, held the price is $ 1737, if the support is broken then the next support is $ 1658, and then $ 1436. Now let's move to the resistance line, as you can see the first resistance is $ 1918, if you manage to break it, the next resistance will be $ 2034 and $ 2123. Looking at the CHOP indicator, we see that there is still some energy left for a further move, the MACD remains in a downtrend, while the RSI shows an entry into the lower part of the range, but there is still room for the price to go lower.
by cryptodailyuk
Daily ETH 4HChart - resistance and supportHello everyone, I invite you to a review of the chart of ETH in pair to USDT, also on the single daily timeframe. First, with the blue lines, we can mark the uptrend channel in which the price is moving, while locally, with the yellow lines, we can mark the local downtrend channel. Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and as you can see, we have the first support at $ 1755, which has managed to hold the price so far, the second support at $ 1663, and then the third support at $ 1534, which is on the verge of exiting the bottom of the channel uptrend. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we first have a resistance zone from $ 1837 to $ 1892, then there is a second resistance zone from $ 1943 to $ 1988, and then we have a third resistance zone from $ 2058 to $ 2140. The CHOP index indicates that there is still energy left for the continuation of the movement. The MACD indicator is in a downtrend. On the other hand, we see a rebound on the RSI, but there is still room for the price to go a little lower.
by cryptodailyuk
Daily BTC 1DChart - LONGTERMHello everyone, I invite you to every Friday review of the BTC chart on a one-day interval. Let's start by marking the main uptrend line with a yellow line, and as we can see, the price remains above it despite the current correction. Next, it is worth marking the local downtrend channel in which we are currently moving. At this point, it is worth separating the upward movement into two stages and we can see that when we spread the Fib Retracement tool on the first one, we will notice that during the first upward movement, the correction reached the level of 0.618 FIB, which was a very strong support for the price. Now we can move on to the second stage of the current increases, but here we will start by marking the uptrend channel from which the price went down, in such a situation you can often observe the price going down by the height of the trend channel, and as you can see we are approaching this place. Now we will spread the Fib retracement grid from low to high to see what level the price can reach in the current correction. As in stage one, the price is approaching a strong support zone from $ 25342 to $ 23964, however, when the price falls below this zone, the next strong support is at $ 22088. Now we can move on to checking what resistance the price has to overcome in order to continue the bullish trend. However, we will not mark individual resistances, because in this situation, the price must first break through the very strong resistance zone from $ 28832 to $ 32467, only when the price breaks out and then the zone is positively tested, we will be able to see further increases in the market. As we can see further, the price, despite the correction, remains above the 200 EMA Cross, which indicates the maintenance of a long-term uptrend. Index Chop indicates that there is still energy to continue the move, MACD remains in a downtrend, while the RSI is approaching the lower limit of the range, which usually indicates an upcoming trend reversal, but please remember that in the short term the price may go lower to the previously marked zone.
by cryptodailyuk
2
BNB/USDT 4HInterval Resistance and SupportHello everyone, let's look at the BNB to USDT chart on a 4-hour time frame. As you can see, the price is moving below the local uptrend line. Let's start with the support line and as you can see the first support that is currently holding the price is $ 303.4, if the support is broken then we can see the price drop to around $ 274. At this point, it is worth marking a strong resistance zone from $ 304 to $ 297, taking into account the entire upward movement. Now let's move to the resistance line, as you can see the first resistance is $ 313, if it breaks down, the next resistance will be $ 320.6, $ 326.4 and then we have a strong resistance zone from $ 332 to $ 341. Looking at the CHOP indicator, we see that there is still some energy for the move, the MACD maintains a downward trend, while the RSI has touched the lower limit, which may give a temporary price increase, but in the longer term I expect a further correction.
by cryptodailyuk
Daily BTC 4HChart - resistance and supportHello everyone, as most of the interested have already heard BTC has a very busy network, so we will check what to expect in the coming hours. As you can see, the price is moving below the downtrend line. Importantly, the price is holding around an important resistance at 0.618 FIB, while the next significant support is at $ 26858, which is seen to have held the price before, followed by a third support at $ 25984. Now let's move on to the resistance line, as you can see the first resistance is $ 27971 which is likely to be attacked by btc again, the next resistance will be $ 28377 and then we have a strong resistance zone from $ 28711 to $ 29221. Looking at the CHOP indicator, we see that there is still energy for the next move, in addition, the MACD indicates a transition to a local downtrend, and the RSI returns to the lower part of the range, which may indicate that we may see an upward rebound in the short term. However, in the long run, the price may be pulled down.
by cryptodailyuk
5
Daily BTC 1DChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a single day timeframe. As you can see, the price is moving below the downtrend line. Let's start by drawing the support line and as you can see the price has fallen below the support and currently the first significant support is $ 26831, if the support is broken then the next support is $ 25951. Now let's move to the resistance line, as you can see first we have a resistance zone from $ 28004 to $ 28449, then a second zone from $ 28806 to $ 29164 and then resistance at $ 29682. Looking at the CHOP indicator, we see that there is a lot of energy, the MACD indicates the continuation of the downward trend, while the RSI is in the process of rebounding with room for a deeper correction.
by cryptodailyuk
15
MKR/USDT 1Dinterval ReviewI invite you to review the MKR/USDT chart, for a one-day interval. As we can see, the price is constantly bouncing off the downtrend line, but it is worth noting that these bounces are getting smaller. Let's start by marking the support spots for the price and we see that the first support that the price is currently based on is $ 683 and is located at the golden fib point of 0.618, however, if the price goes lower, we have the next support at $ 604, then the third support at the last low of $ 500. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the first significant resistance is at $ 742. We continue to have strong resistance at $ 789, once the price breaks it it will move towards the resistance at $ 834 and further to the resistance at $ 897. When we turn on the volume indicators, we can immediately see that it has been very low for a long time. The CHOP index indicates that we have a lot of energy for the upcoming move, the MACD is fighting on the verge of returning to the uptrend, while the RSI is moving in the lower part of the range, but we have room for the price to go lower, which could pull the price towards the $ 604 support.
by cryptodailyuk
Daily ETH 4HChart - resistance and supportHello everyone, I invite you to review the chart of ETH in pair to USDT, on a four-hour interval. With the help of yellow lines we will mark the local triangle in which the price is moving in the lower limit. Now let's move on to marking the places of support. We will use the trend based fib extension tool to mark the supports, and as you can see, we have the first support at the price of $ 1841, the second strong support at 0.618Fib, at the price of $ 1800, the third at the price of $ 1739. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here, in the first place, it is worth marking a strong resistance zone from $ 1891 to $ 1924, when the price breaks it, the next resistance is at $ 1952, then the third resistance at $ 1981, and the fourth resistance at $ 2020. When we turn on the EMA Cross 10 and 30, we can see that they indicate a strong transition into a local downtrend. The CHOP index indicates that the energy on the short time interval is highly charged. The MACD indicator remains in a local downtrend. On the other hand, on the RSI we see a rebound in the lower part of the range, this may indicate the approaching end of the rebound, but at this point we see that there is still some room for the price to go lower.
by cryptodailyuk
Daily BTC 4HChart - resistance and supportHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the interval of four hours. First, we will use the yellow lines to mark the local triangle in which the price is currently moving. Now we can move on to marking the places of support in the event of a correction. And here, in the first place, it is worth marking a very strong support zone from $ 28038 to $ 27560 in which the price is currently located, but when we fall below this zone, we can see a drop around $ 26882 and even $ 26022. Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. First, we will mark the resistance zone from $ 28659 to $ 29195, when it manages to break it, the price will have to break through the resistance at $ 29711, and then the third resistance at $ 30466 only when it breaks out above and then positively tests it, we will be able to see further increases. It is worth paying attention to the EMA Cross 10 and 30, where we see confirmation of the transition to a downtrend. You should watch the red line when it starts to curve upwards, which can give a trend reversal. Please pay attention to the CHOP index, which on the four-hour interval indicates that the energy has been used and begins to rebound, the MACD indicator indicates the maintenance of the local downtrend, while the RSI has touched the lower limit of the range, which may give a break in the correction.
by cryptodailyuk
10
DOT/USDT 1DInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a one-day time frame. As you can see, the price is moving below the downtrend line. Let's start with the support line and as you can see the first support in the near future is $ 5.30, if the support is broken then the next support is $ 4.83 and $ 4.24. Now let's go to the resistance line, as you can see the first resistance is $ 5.78, if you manage to break it, the next resistance will be $ 6.04, $ 6.26 and $ 6.48. Looking at the CHOP indicator, we see that there is still a lot of energy to continue the move, the MACD remains in a downtrend, while the RSI is approaching the lower end of the range, which may indicate the imminent end of the correction in the coming days.
by cryptodailyuk
Daily ETH 1DChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on a single day 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 $ 1839, if the support is broken then the next support is $ 1798 and $ 1737. Now let's move on to the resistance line, as you can see the first resistance is $ 1914, if you break it the next resistance will be $ 1949, $ 1976 and $ 2002. Looking at the CHOP indicator, we see that there is a lot of energy, the MACD indicates an uptrend, but we immediately have a strong rebound, while the RSI has all the growth retracted to the middle of the range, but there is a lot of room for the hen to be deepened.
by cryptodailyuk
LTC/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the LTC chart this time on a four-hour interval. As we can see, the price has left the uptrend line at the bottom, while locally we are moving in a triangle in which the price is approaching a direction. We can also see that the price is just below the EMA Cross 200 blue line, which confirms the downtrend, however we are struggling to get back above this level. Now let's move on to marking the price support points and we see that we first have support at $87.93, but if the price goes lower, we have another support at $83.12, then $78.45 and another support at a price of $71.37. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that first the price has to break the resistance at $93.19, then we have the resistance at $38.9, the third very strong resistance at the price of 103.38, and the fourth resistance at the price of $107.93. The CHOP index indicates that there is a lot of energy for the upcoming move, the MACD indicates the maintenance of the local uptrend, while the RSI, despite small price movements, has returned to the upper part of the range, which may negatively affect the price in the short term.
by cryptodailyuk
1
Daily BTC 1DChart - resistance and supportHello everyone, let's look at the BTC to USDT chart in one day 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 $ 28478, if the support is broken then the next support is $ 28007 and $ 27518. Now let's move on to the resistance line, as you can see the first resistance is $ 29176, if you manage to break it, the next resistance will be $ 29540, $ 30059 and $ 30715. Looking at the CHOP indicator, we see that there is a lot of energy for a new move, the MACD is on the verge of returning to an uptrend, while the RSI is in the middle of the range, which makes it difficult to determine the direction of the move.
by cryptodailyuk
♡4"indicators1. What are indicators? Indicators are statistical tools used by traders to analyze and interpret market data, with the goal of identifying trends, patterns, and potential opportunities for trading. These tools are based on mathematical calculations applied to various types of market data, such as price and volume, and can help traders make informed decisions based on historical trends and patterns. 2. Why use indicators? The use of indicators can provide traders with a wealth of information about the market, including the direction of the trend, the strength of the trend, and potential entry and exit points for trades. By using indicators, traders can make more informed decisions, based on objective data rather than emotions or guesses. ☆ Commonly used indicators: There are many types of indicators that traders use, including moving averages, relative strength index (RSI), stochastic oscillator, Bollinger Bands, and more. Moving averages are used to identify trends, while RSI and stochastic oscillator are used to measure the strength of a trend. Bollinger Bands are used to identify potential breakouts and to determine the volatility of the market. ☆ 3. Visual backtesting provided indicators. Visual backtesting refers to the process of testing a trading strategy using historical data. By using backtested indicators, traders can gain insight into how a particular strategy would have performed in the past, and can use this information to improve their current trading strategy. This process is particularly powerful when using provided indicators, as they are typically based on historical data and have been tested by experienced traders. ☆ Risk and psychological management: While indicators can provide traders with valuable insights into the market, it's important to remember that they are not foolproof. Traders should always practice proper risk management, such as setting stop-loss orders to limit potential losses. Additionally, it's important to manage psychological factors, such as greed and fear, which can often cloud judgment and lead to poor decision-making. ☆ Acknowledgemt Indicators are powerful tools used by traders to analyze and interpret market data, with the goal of making more informed decisions. By using visually backtested provided indicators and practicing proper risk and psychological management, traders can increase their chances of success in the market. 4. Moving Average (MA) influenced indicators. Commonly used indicators by traders to identify trends in the market are influenced with a MA calculation. By smoothing out the price action over a set period of time, MAs can help traders determine the direction of the trend, as well as potential entry and exit points. When combined with signals, plots, and alerts, MA influenced indicators can provide even more valuable information for traders. " # One of the benefits of MA influenced indicators is that they can help traders identify the beginning and end of trends. By plotting the MA on a chart and analyzing its slope and position relative to the price action, traders can determine whether the trend is bullish or bearish. Additionally, by using signals, plots, and alerts, traders can receive notifications when the MA crosses above or below the price, indicating potential changes in the trend. " RSI 4, on the other hand, is a momentum oscillator that measures the strength of a trend. By analyzing the magnitude of price movements, RSI can provide valuable information about the underlying strength of the market. When used in conjunction with MA influenced indicators, traders can gain a more complete picture of the market, including both the direction and strength of the trend. ☆ For example, when the MA is sloping upward and the price is above the MA, indicating a bullish trend, a cross above 91 on the RSI 4 may indicate an overbought market, and a potential opportunity to sell while conforming the crossbelow 91and commonly followed by a divergence. Conversely, when the MA is sloping downward and the price is below the MA, indicating a bearish trend, a cross below 9 on the RSI 4 may indicate an oversold market, and a potential opportunity to buy in conlfuences of the crossabove 9 and a divergence. ☆ In summary, MA influenced indicators, when used in conjunction with signals, plots, and alerts, can provide valuable information about the direction of the trend, as well as potential entry and exit points. When combined with momentum oscillators like RSI 4, traders can gain a more complete picture of the market, including both the direction and strength of the trend, and use this information to make more informed trading decisions. ● "Trading is a game of probabilities, where each trade is simply a bet on the likelihood of a particular outcome. While losing trades can be frustrating, they are an inevitable part of the game, and a necessary cost of doing business. In fact, losing trades can be just as valuable as winning trades, as they provide valuable feedback and can help traders refine their strategy, ultimately leading to greater success in the long run." ● J @ATU_TAD ♡4"indicators
OANDA:XAUUSDEducation
by ATU_TAD
BNB/USDT 1DInterval Resistance and SupportHello everyone, let's look at the BNB to USDT chart on a single day 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 at which the price is currently located is $ 324.8, if the support is broken then the next support is $ 318.8, $ 310.4 and $ 299.1. Now let's move on to the resistance line, as you can see the first resistance is $ 328.2, if you manage to break it, the next resistance will be $ 332.4, $ 336.3 and $ 342.6. Looking at the CHOP indicator, we see that there is a lot of energy for the upcoming move, the MACD indicates an ongoing downtrend, while the RSI is moving around the middle of the range, which makes it difficult to clearly determine the direction of the price.
by cryptodailyuk
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 $ 28498, if the support is broken then the next support is $ 28025, $ 27540 and $ 26879. Now let's move on to the resistance line, as you can see the first resistance is $ 28818, if you manage to break it, the next resistance will be $ 29181, $ 29544 and $ 30062. Looking at the CHOP indicator, we see that there is a lot of energy, the MACD indicates a local uptrend, while the RSI is moving in the lower part of the range, which gives room for increases.
by cryptodailyuk
Daily ETH 1DChart - resistance and supportHello everyone, I invite you to review the ETH chart on a one-day timeframe. As we can see, the price is moving in the uptrend channel, at its upper border. Let's start by marking the support spots for the price and we see that first we have a support zone from $ 1923 to $ 1782 where the price is currently located, however if the price goes lower we have a second support zone from $ 1670 to $ 1558. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price did not break the resistance zone from $ 2040 to $ 2192. However, we still have support at $ 2313, and then third support at $ 2443. The CHOP index indicates that the energy is starting to rise, the MACD indicates the continuation of the downtrend, while the RSI has a rebound and is in the lower part of the range, creating room for future increases.
by cryptodailyuk
Daily BTC 1DChart - resistance and supportHello everyone, I invite you to review the behavior of BTC, taking into account the one-day interval. First, we can mark the local uptrend line from which the price went down, while the purple line will mark the saucer trend that was previously broken. Now let's move on to marking the places of support. We will use the trend based fib extension tool to mark the supports, and as you can see, we have the first support at $ 27061, if the price goes lower, we have a strong support zone from $ 24550 to $ 22504, and then there is a strong support at $ 20552. Looking the other way, in a similar way, we can mark places where the price should encounter resistance on the way to increases. And here we have the first very strong resistance at $ 30734 which is the current barrier, the next resistance is at $ 32965, then the third resistance at $ 34871, and the fourth at $ 36778. When we turn on the EMA Cross 10 and 30, we can see that they indicate an uptrend. The CHOP index indicates that the energy is charged for the next move. The MACD indicator is on the verge of entering a local uptrend. On the other hand, we see a rebound on the RSI, which creates room for new increases.
by cryptodailyuk
BTC Dominance ! 1D Review Hello everyone, I invite you to review the current dominance of BTC over the rest of the market. First, we will use the blue lines to mark the sideways trend channel in which we are moving and here you can immediately see that we are in its upper limit, what is more, we are staying above the uptrend line. Now we will go to check where we have support when BTC starts to lose against the entire market. And here we have the first support at 46.59 %, then the second support at 45.1 %, the third support at 43.9 %, and then the fourth support at 42.7 %. It is worth checking the percentage of BTC dominance, because the lower the value, the more other coins gain. Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. First we have resistance at 49.2 % which is a very strong resistance and the upper limit of the ongoing sideways channel, when we manage to break it we have second resistance at 50.7 % then third at 52 % and then fourth resistance at 53 %. Please pay attention to the CHOP index, which indicates that most of the energy has been used, the MACD indicator indicates entering a local downtrend, while the RSI shows a small rebound, but we are still high, which may indicate a deeper correction.
CRYPTOCAP:BTC.D
by cryptodailyuk
DOT/USDT 4HInterval Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a one-day time frame. As you can see, the price is moving below the uptrend line. Let's start with the support line and as you can see the first support in the near future is $ 5.66, which currently held the price, if the support is broken then the next support is $ 5.33 and $ 4.85. Now let's move on to the resistance line, as you can see the first resistance is $ 6.04, if you manage to break it, the next resistance will be $ 6.31, $ 6.54 and $ 6.76. Looking at the CHOP indicator, we see that most of the energy has been used, the MACD indicates an ongoing downtrend, while the RSI has a visible rebound and we are approaching the lower limit, which may change the trend.
by cryptodailyuk
BNB/USDT 4HInterval Resistance and SupportHello everyone, let's look at the BNB to USDT chart on a 4-hour timeframe. 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 $ 333.4, if the support is broken then the next support is $ 329.6, $ 326.6 and $ 323.3. Now let's move to the resistance line, as you can see the first resistance is $ 337.3, if you manage to break it, the next resistance will be $ 342.2 and $ 348.5. Looking at the CHOP indicator, we see that the energy has been used, the MACD indicates a local uptrend, while on the RSI we could see a large increase and after touching the upper limit, the price rebounded.
by cryptodailyuk