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Trendanalyse

XRP/USDT - XRP is testing an abandoned formationHello everyone, I invite you to take a look at the XRP/USDT chart on the one-day time frame. As we can see, we are just below the downtrend line that XRP is clearly trying to break. Moreover, we see a rounded bottom pattern which after a positive resistance test is characterized by an upward breakout, in this situation we need to positively test the $0.40 resistance which is now price support, then we can see the $0.43 resistance, then a strong resistance zone from $0.46 to $0.50. However, if it happens that the price does not keep up with the pattern and our expectations, we can see a correction in this situation, we have the first support at $0.40, the second support at $0.38, the third at $0.37, then the support zone from $0.35 to $0.34. The CHOP index indicates that we have a lot of energy, the MACD indicates the entry into a downward trend, while the RSI shows a rebound and a visible downward trend.
by cryptodailyuk
1
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving in a triangle marked with yellow lines. Let's start with the support line and as you can see the first support in the near future is $23003, if the support is broken then the next support is $22846, $22700 and $22480. Now let's go from the resistance line, as you can see the first resistance is $23092, if you manage to break it the next resistance will be $23270, $23447 and $23698. Looking at the CHOP indicator, we see that there is still energy for a new move, the MACD indicates a local downtrend, while the RSI has a rebound and is moving in a downtrend.
by cryptodailyuk
Cardano Ascending Triangle formationHey Trader! This analysis is based on the Ascending Triangle concept, which is formed by the price of Cardano. In the analysis two support levels are visualized; Strong support at 0.2983 - 0.3290 , allocating back to mid-December, and the support level at 0.3632 . As the drawn triangle shows, the price follows bullish also called an "Ascending Triangle". This triangle combined with the Fibonacci tool can create a true picture of how the price of Cardano may land at the target at 0.5178 . I hope this analysis helped to give an instructive picture of Cardano's evolution and can be taken into consideration for the current situation as well as the future.
Long
by Aksel_Rom
Daily review of ETH interval 4HNow let's move on to the chart of ETH against USDT, also on a four-hour time frame. And here we can start by identifying with the yellow lines the triangle in which the price is moving. Going further, we see that we have the first support at $1602, the second support at $1579, the third at $1560, the fourth at $1540 and the fifth at $1514. Looking the other way, we can also identify places where the price may encounter resistance. And here we have the first resistance at $1613, the second resistance at $1628, the third at $1648 and the fourth at $1675. As we can see, EMA Cros indicated entering a local downtrend, but now it should be observed whether EMA Cross red 10 will cross the green line from below, which may be a confirmation of entering a local uptrend. The CHOP index indicates that we have more and more energy for the next move, the MACD indicates entering a local uptrend, while the RSI has changed the direction of the trend to an upward one.
by cryptodailyuk
Daily review of BTC interval 4HHello everyone, I invite you to the Friday cryptocurrency review. Let's start by checking the situation on BTC in pair to USDT on a four-hour interval. First of all, it is worth marking the uptrend channel in which the price is moving, while locally we are moving under the downtrend line. Now let's move on to determining the support places for the price and here, using the trend based fib extension tool, we can mark the first support at $ 22,750, if it is broken, we have the second support at $ 22,078, and the third at $ 20,989. Looking the other way, in a similar way, we can identify resistance points for the price, and as you can see, the first resistance is at $22995, at which the price turns around when we break it, the second resistance will appear at $23,438, the third strong resistance at $23,782 and fourth at $24,126. Let's also pay attention to the CHOP index, which indicates energy depletion, the MACD indicates a local downtrend, while the RSI shows a rebound and a downtrend.
by cryptodailyuk
1
LTCUSDT 4H Interval - Resistance and SupportLast in today's chart, we have the LTC chart against USDT, on a four-hour time frame. Let's start by marking the uptrend channel with blue lines, as you can see, the price is leaving the channel down for the second time. Now let's move on to determining the support and as you can see we have the first support at the price of $85.64, the second at the price of $80.84, the third at the price of $77.11 and the fourth at the price of $73.29. Looking the other way, we can mark the resistance areas in the same way, but first, it is worth marking the strong resistance zone from $ 90.35 to $ 93.29, only when the price breaks it will go towards the resistance at $ 98.10, and then $ 105.84. As we can see, the CHOP index indicates that most of the energy has been used, the MACD indicates a local downtrend, while the RSI is moving in the middle of the range.
by cryptodailyuk
XAU NEAR FUTURE PREDICTIONS(DailyChart)Technical Analysis Summary XAU/USD TREND ANALYSIS We have 1 Uptrend Trend in Green (Long Term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). White Levels are levels that represent tight stoplosses or support and ressitance levels from the past to show old publications. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
OANDA:XAUUSD
by husseindergham
Daily review of ETH interval 4HNow let's move on to the ETH chart, but this time we will check what the situation looks like considering the one-day interval. Let's start by marking with a yellow line, the uptrend line that the price has broken below. Let's move on to identifying the places of support for the ETH price, if the correction is deepened. As we can see with the Trend Based Fib Extension tool, the first support in the current situation is at $1507, the second support is at $1401 and the third support is at $1294. At this point, it is also worth paying attention to the EMA Cross 10 and 30, as we can see the EMA Cross 10 crossed the green EMA Cross 30 lines from above, which confirmed the entry into the local downtrend. Now we can move on to checking the resistances that ETH will have to face in order for the price to continue to grow. As with support, we will use the Trend Based Fib Extension tool and here we have the first resistance at the price of $ 1561, which rejects the price, then we can mark the resistance zone from $ 1607 to $ 1659, when the zone is broken and positively tested, we will be able to go towards resistance at $1697 and then $1804. Going further, it is worth looking at the volume where we see a significant predominance of red candles, which indicates greater power on the part of the sellers. The CHOP index indicates depleted energy, the MACD indicates a local downtrend, while the RSI shows a strong rebound, we are currently moving at the lower limit, which may indicate a temporary sideways trend or a temporary price increase.
by cryptodailyuk
Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on the four hour timeframe. As you can see, the price is moving above the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $1612, if the support is broken then the next support is $1590, $1569 and $1539. Now let's move to the resistance line, as you can see the first resistance is $1628, if you manage to break it, the next resistance will be $1653, $1675 and $1696. Looking at the CHOP indicator, we see that there is a lot of energy for the next move in the four-hour interval, the MACD indicates a local downtrend, while the RSI also shows a rebound.
by cryptodailyuk
ADA/USDT 1D INTERVAL - resistance and supportHello everyone, I invite you to review the ADA chart in pair to USDT on a one-day interval. Let's start by marking the downtrend line that the price is currently trying to break, while locally we can mark the uptrend. Now let's look at where the price will meet resistance on further increases, once we cross the downtrend lines, we can see resistance at $0.41, second resistance at $0.47, third at $0.52 and fourth at $0.59. Looking the other way, in the same way we can mark places that will support the ADA in the event of a larger price correction. And here we will start by marking the support zone from $0.35 to $0.33, if the price falls below the second zone is from $0.31 to $0.30, while the third support zone is from $0.27 to $0.24. It is worth looking at the EMA Cross 10 and 30, which indicate the place of entry into an uptrend and confirmation of staying in this trend. The CHOP index indicates that we have more and more energy for the upcoming move, the MACD confirms the upward trend, while the RSI, despite the correction, has returned above the upper limits of the range, so be careful before a possible correction.
by cryptodailyuk
1
BNB / USDT 1D INTERVAL, Support and ResistanceHello everyone, welcome to the BNB to USDT chart review on a four-hour time frame. We will start by drawing the downtrend line that the price has broken above, then we can mark the local uptrend line with the yellow line. Now let's move on to determine the support that the price has in case of declines, and here we can see that the first support is at $292.2, when the support is broken, the next support is at $278.4, the third support is at $267.5, then we have a strong support zone from $256 to $240. Looking the other way, it is worth checking what resistances the BNB price has to overcome on its way, and in this situation we see that the price is struggling to break the first resistance at $307.5, when it breaks it we have resistance at $331.4, and then $361.8. It is worth looking at the EMA Cross 10 and 30, because we can see that for a while we could see a change in the trend, but we quickly returned to the uptrend. The CHOP index indicates that we have a lot of energy for the next move, the MACD indicates a local uptrend, while the RSI, after a correction, returned to the upper part of the range.
by cryptodailyuk
1
Daily review of ETH interval 1DHello, I invite you to review ETH to USDT, on a one-day interval. let's start by drawing a downtrend line, which as you can see, the price has broken, then we will mark the local uptrend line, above which the price is currently moving. Now as we can see, the price rebounded from the resistance at $1683, only when the price breaks it will move towards the resistance at $1795 and then to the resistance at $2032. Looking the other way, it is worth determining the levels of support for ETH in the event of a correction. And as you can see, we have the first support at $1539, if the price goes lower we have another support at $1451, $1378, and then we have a strong support zone from $1307 to $1203. Further, we can see that the CHOP indicator indicates that the energy is starting to rebound, the MACD, despite the correction, indicates an uptrend, while the RSI, despite the rebound, indicates that we are above the upper range, which may cause the price to correct.
by cryptodailyuk
1
Daily review of BTC interval 1DHello everyone, I invite you to update the BTC chart in pair to USDT, on a one-day interval. As we can see, the price has broken the downtrend line, and now we can use the yellow line to mark the local uptrend line. As we can see, the price has overcome a strong resistance at $ 21,500, while currently BTC is fighting to maintain the level of $ 22,817. Only when it manages to hold, we will see a try of an attack on the resistance at the price of $25,206. Now let's move on to marking support for the price. And as you can see, the previously overcome resistance at $21,500 is now a strong support for the price. If the support is broken, the next resistance is at $20,367 and $19,417. Looking further, we can mark a strong support zone from $18,498 to $17,150, to which the price may fall in the event of a correction. Please pay attention to the EMA Cross 10 and 30, which all the time indicate an ongoing uptrend. The CHOP index indicates that the energy is exhausted and is slowly starting to rise, the MACD confirms the ongoing uptrend, while the RSI is moving above the upper range, which may indicate an upcoming correction.
by cryptodailyuk
Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price is moving above the local uptrend line. Let's start with the support line and as you can see the first support at which the price is currently located is $1612, if the support is broken then the next support is $1594, $1571, $1503. Now let's go from the resistance line, as you can see the first resistance is $1645, if you manage to break it, the next resistance will be $1672, $1692, $1713. Looking at the CHOP indicator, we see that the energy is slowly gaining strength in the 4-hour interval, the MACD indicates entering a local downtrend, while the RSI has a nice rebound, which may give room for new increases.
by cryptodailyuk
Daily review of BTC interval 1DHello everyone, let's look at the BTC to USDT chart on a single day timeframe. As you can see, the price has broken the downtrend line. Let's start by marking the resistance at $23,146 which as you can see, the price has broken and is now struggling to get it, the next very strong resistance is at $25,177. Now let's move on to the support line and as you can see the first support in the near future is $21533, if the support is broken then the next support is $20373, $19438 and $18503. Looking at the CHOP indicator, we can see that the energy has been used for recent increases, the MACD confirms the uptrend, while the RSI is moving above the upper range, so watch out for a correction.
by cryptodailyuk
1
ATOMUSDT 1D Interval ReviewAs the last in today's review, we will check the ATOM chart, just like its predecessors, on a one-day interval. Let's start by marking the downtrend line that the price has to face, and then it is worth marking the local uptrend line that the price is currently moving above. As for support, we see that we have the first support at $11.37, where the price has now completed a correction, the second support is at $9.99, and the third support is at $8.04. Now, similarly, it is worth checking the resistances that the ATOM price has to face in the coming time. And here we see that the first resistance is at $12.82, the second resistance at $13.86, the third at $15.31 and the fourth very strong resistance at $17.19. Next, it is worth paying attention to the EMA Cross 10 and 30, which, despite the correction, still show an upward trend. On the CHOP index, we can see rising energy, MACD is on the verge of entering a downtrend, while on the rsi we have a nice rebound and a small increase, here it is worth noting that we are moving at the upper limit of the range in which you can often encounter a price correction.
by cryptodailyuk
MATIC / USDT 1D chart Resistance and SupportNow we will check the situation on the MATIC chart in pair to USDT, also on a one-day interval. at the beginning, let's mark with a white line, the main downtrend line, however, we can see that the price has broken the local downtrend line. Now let's move on to checking where we currently have support for the price. And here we see that we first have a support zone from $0.93 to $0.81, if the price goes lower then the next support is at $0.70 and then $0.53. Looking the other way, we can see that the price has bounced off an important resistance at $1.04, then there is resistance at $1.20 and $1.45. Now look at the CHOP index, which indicates that the energy is starting to rise, MACD indicates that despite the correction, we are maintaining an upward trend, while the RSI shows a nice rebound, thanks to which we have a new place for growth.
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by cryptodailyuk
Daily review of ETH interval 1DThe second in today's review will be the ETH to USDT chart on a one-day timeframe. As you can see, the price has broken the downtrend line and now we can mark the local uptrend line with the blue line. Let's start with setting the support line and as you can see the first support is at $1483, the second at $1405, the third at $1342, and then we can mark the support zone from $1278 to $1189. Now let's move on to the resistance line, as you can see the first resistance is $1551 which the price is currently fighting to hold, then we have resistance at $1664, third resistance at $1827 and fourth very strong resistance at $2032. Looking at the CHOP indicator, we can see that after the recent increases, the energy is slowly gathering strength for a new move, the MACD indicates an ongoing uptrend, and the RSI could see a rebound, but we are still above the upper range, which may indicate a sideways move with small corrections.
by cryptodailyuk
Daily review of BTC interval 1HHello everyone, let's look at the BTC to USDT chart on a one hour timeframe. As you can see, the price is moving above the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $20665, if the support is broken then the next support is $20482, $20338 and $20190. Now let's go from the resistance line, as you can see the first resistance is $20878, if you manage to break it the next resistance will be $21174 and $21646. Looking at the CHOP indicator, we see that in one hour interval, there is energy for further movement, the MACD indicates an uptrend, and the RSI has a small rebound and room for further growth.
by cryptodailyuk
1
LTCUSDT 1D Interval - Resistance and SupportHello everyone, I invite you to review the chart of LTC in pair USDT, taking into account the one-day interval. As you can see, the price has been moving in the uptrend channel for a long time, but currently we can see that we are on the verge of exiting the downtrend channel. In such a situation, it is worth marking the places of support for the price, and here we see that the first support has been broken, the second is at $80, the third is at $76, and the fourth is at $72.50. Looking the other way, we see that the first resistance is again at $85, while once the price breaks it, the next significant resistance is at $100. Please also look at the CHOP index, which indicates that the energy is slowly starting to grow, the MACD is close to indicating a downward trend, and the RSI has a rebound after almost a month's increase.
by cryptodailyuk