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XRP - USDT on 1D interval Resistance and SupportAs the last one in today's chart, we have the XRP to USDT chart on a one-day time frame. As we can see, we are just below the downtrend line, which XRP is clearly trying to break. What's more, we can see a rounding bottom formation formed, which after positive resistance testing is characterized by an upward exit, in this situation we need to positively test resistance at $0.39, then we can see resistance at $0.43, then a strong resistance zone from $0.46 up to $0.50. However, if it happens that the price does not follow the formation and our expectations, we can observe a correction in this situation, we have the first support at $0.38, the second at $0.37, and then the support zone from 0.35 to $0.34. On the volume, we can see a definite advantage on the buyers' side, which is positive news for us. The CHOP index indicates that the energy is starting to gather strength, the MACD confirms the uptrend, but the RSI is moving at the upper end of the range, which may indicate a moment of rebound before further growth.
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BNB / USDT 1D INTERVAL, Support and ResistanceHello everyone, welcome to the chart review of BNB vs USDT on a single day timeframe, as we can see the price of BNB, which previously formed a rounding bottom pattern, in line with the pattern, came out above breaking the resistance level. As we can see, the exit level of the rouding bottom in this situation is the first price resistance we are fighting, then we have the resistance at $309 and $331, which can be targeted in the event of a positive exit from the top of the pattern. However, should the price rebound from the $290 level, we can mark several support areas, starting at the $275 level, then $265, $256 and the strong support zone from $247 to $238. The CHOP index indicates depleted energy, the MACD confirms an uptrend, the RSI is moving at the upper end of the range, however when we look at the EMA Cross 10 and 30, we can see that the 10 has crossed the 30 from the bottom, which is confirmation of an uptrend.
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Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As we can see, the price has spectacularly left the downtrend line, recording a 30% price increase in recent days. When we use the Fib Retracement tool, we can see that key levels like 1, 1.618 Fib, are easily broken, the next significant level is at 2.618 Fib, but before that price must break through the resistance at $21,476. However, we have the first support at the price of $ 20,101, then at $ 19,368, and below the support zone from $ 18,773 to $ 18,177. Looking at the CHOP indicator, we see that any collected energy is quickly used for growth, and similarly, on the RSI indicator, despite crossing the upper range, the smallest rebounds are used for price growth.
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DOT / USDT 4H CHART - Resistance and SupportHello everyone, I invite you to review the DOT/USDT chart, on a four-hour interval. Let's start by marking the downtrend channel with the blue lines, as we can see, we are close to the third attempt at an uptrend from the channel as the price has bounced off this border twice already. However, here we can also see a rounding bottom pattern formed, which may help change the current trajectory of the move in this situation. When the price positively tests the current resistance level, we should see an upward move. As for the support that is relevant at the moment, we should mark the support zone from $4.76 to $4.22. However, when the price retests the first resistance and we move further up, the price will have to break the resistance zone from $5.43 to $5.80, only then we will move towards $6.18. When we look at the EMA Cross 10 and 30, we see that the red line has crossed the green one from below, which is a confirmation of the price increase signal, but it should be watched for a false breakout.
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BNB / USDT 1D INTERVAL, Support and ResistanceI invite you to update the BNB/USDT chart on a 1-day interval. As we can see, we are at the stage of testing the exit level from the rounding bottom pattern. It's worth watching what happens at the moment, because it could potentially be a good time to try to trade the position with a proper stop loss. As we can see, the exit level of the rouding bottom in this situation is the first price resistance we are fighting, then we have the resistance at $309 and $331, which can be targeted in the event of a positive exit from the top of the pattern. However, should the price rebound from the $290 level, we can mark several support areas, starting at the $275 level, then $265, $256 and the strong support zone from $247 to $238. The CHOP index indicates depleted energy, the MACD confirms an uptrend, the RSI is moving at the upper end of the range, however when we look at the EMA Cross 10 and 30, we can see that the 10 has crossed the 30 from the bottom, which is confirmation of an uptrend.
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Daily review of ETH interval 4HHello everyone, I invite you to update the latest ETH analysis on a four-hour interval. As we can see, the price followed the designated Rounding Bottom formation, broke the Resistance Level, then positively tested it and moved upwards, in accordance with the presented movement. Still the main resistance to which the price is heading is the $1477 level. However, when it comes to the support that we should take into account now, we can set the support at $ 1408, which is currently being tested by ETH, then our previous resistances are new support for us. As we can see on the CHOP index, the energy has been spent on the last upward move, while the RSI is moving in the upper range. These data may indicate a moment of respite and recovery of the indicators.
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Daily review of BTC interval 1DI invite you to the BTC review, on a one day interval. As we can see, the price has moved above the downtrend line. We continue to see that BTC struggled to break through the $18,372 level where it ran out of energy last time, however, it has now managed to break out of that level and the price is heading towards the resistance at $19,199, which is located at the so-called golden Fib point. The next resistance is around $20,194 and then $21,499. This is what the current movement may look like before further growth. Now it is necessary to check to what level the price can drop if the level of $18372 does not hold the price. And here it is worth marking the support zone from $ 17,222 to $ 16,796. The CHOP index indicates that the energy is depleted in the four-hour interval, while the RSI index has crossed the upper range, which may also indicate a small rebound.
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LTCUSDT 4H Interval - Resistance and SupportI invite you to a short analysis of LTC/USDT based on the four-hour interval. Let's start by marking with the white lines the uptrend channel in which the price is currently moving. Next, we can immediately notice a strong support zone from $82.49 to $84.58, which the price is currently struggling with. Moreover, looking at the recent move, we see that the upper border of the zone is strong resistance at 0.618 FIB, then we have resistance at $86.16, $87.99 and $93.16. When it comes to support, it is worth highlighting the first strong support zone from $78.58 to $75.21, at which the price has been repeatedly stopped. Looking at the CHOP index, we see that the energy is strongly charged, the MACD indicates a local downtrend, while the RSI index has recovered and has a new place for price growth.
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Daily review of ETH interval 4HHello everyone, welcome to the chart updates of ETH in pair to USDT. As we can see, we have formed a Rounding Bottom formation, the next move depends on maintaining the current level, however, this formation is characterized by the price going up. As we can see the first resistance has been touched and the price is struggling to hold it, the next one is at $1327 and then at $1477. Looking backwards, we have the first support at $1289, the second at $1248, the third at $1213 and the fourth at $1182. On the CHOP index, taking into account the one-day interval, we see that the energy is exhausted, the MACD confirms the ongoing uptrend, and the RSI is in the upper range, which may bring a small rebound.
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BNB / USDT 1DChart Review, Support and ResistanceHello, I invite you to review the BNB chart on a one-day timeframe. First, we will use the yellow line to mark the downtrend line that the price managed to break through the previously formed Bullish Pennant pattern. We can also see that the EMA Cross 10 red line has crossed the green EMA Cross 30 line from below, which often confirms an uptrend. However, here EMA Cross 50 and 200 should be observed, because only when the yellow line crosses the blue line from below indicates the beginning of a bullish upward movement. Now we can plot the support spots for the price and here we see that the first support is at $268.4, the second support is at $259.4, the third support is at $251.8 and the fourth support is at $244. Looking the other way, we see that the price is currently fighting resistance at $ 280.3 and the so-called golden point of 0.618 Fib, but so far it has not been successfully tested and the price has returned below this level. Next we have resistance at $296.8, breaking it will open the way towards resistance at $317.7. Please pay attention to the CHOP index, which indicates exhausted energy, the MACD indicator confirms the ongoing uptrend, while the RSI indicator is at the upper end of the range, which may indicate an imminent price rebound.
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1
ETH - USDT, 1D Interval Resistance and Support I invite you to review ETH to USDT also on a one-day interval. First, we will mark the downtrend line that the price has crossed going up. As we can see, the last increase was previously confirmed when the red EMA Cross 10 line crossed the green EMA Cross from below, which is a signal for an upward move. Next, we see copies of the situation from the BTC chart regarding the arrangement of the current peak with the previous one and the situation on the RSI. Let's move on to identify the support areas in case the price turns around and here we can mark the support zone from $ 1283 to $ 1242, then the second support zone from $ 1209 to $ 1178, when the price drops lower we have support at $ 1131 and $ 1073 in place of the previous one hole for the price. Looking the other way, it is worth determining where ETH will encounter resistance on the way to growth. So we can set the first resistance at $1374, then we have resistance at $1447, then a strong resistance zone from $1549 to $1677. It is worth looking at the CHOP index, which indicates that the energy was used for the last upward move, the MACD confirms the current upward trend, while the RSI, despite the previously discussed formation, is moving in the upper range, which often indicates an upcoming correction.
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1
Daily review of BTC interval 1DHello everyone, I invite you to every Monday review of top cryptocurrencies. Let's start by checking the situation on BTC in pair to USD, taking into account the one-day interval. As we can see, the BTC price has moved above the downtrend line and is currently moving above the local uptrend line. Before we move on to determining the support for the price, it is worth looking at the fact that we have currently formed a lower peak than the previous one, while the RSI indicator has the opposite situation. On the chart, the first peak is higher than the second, and on the RSI, the first peak is lower than the second. The formed pattern often ends with a downward price breakout. Now we can move on to marking places where the price has support. And here we see that we have the first support at $17,272, the second support at $16,920, and the third support at $16,576. However, when it comes to the resistances that BTC has on its way of growth, we see that the price is currently fighting with the first resistance, the next resistance will appear at the price of $ 17,577, at the so-called golden point of Fib, then the resistance is at the price of $ 17,929 and $ 18,384. Please pay attention to EMA Cross red 10 and green 30, as we see red crosses green from below which is a pro-growth signal, however, you should keep common sense and watch if it will not be a false step as in the previous situation. On the CHOP index, we see that most of the energy has been used, while the MACD indicates an uptrend.
COINBASE:BTCUSD
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Short Update ETH/USDT 4H INTERVALWelcome to ETH Updates. As we can see on the four-hour time frame, the price is moving above the local uptrend line. Please see that price has moved up from the resistance at 0.786 FIB, when it positively tests this area, we could see another upward move to the resistance at $1353. At this point, however, it is worth looking at the CHOP index, where we see depleted energy, while the RSI is very high, which may indicate a healthy price correction, to the levels of $1286, $1260 and even $1239.
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Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on the four hour time frame. As you can see, the price is moving above the local uptrend line. For the next few hours, we can designate 3 support places at the price of $ 1229, then at $ 1999 and $ 1176. Now let's go from the resistance line, as you can see the first resistance is $1265, the next at $1283, then $1297 and $1312. Looking at the CHOP indicator, we see that most of the energy has been used up, the MACD indicates entering a local downtrend, and the RSI is moving in the upper range, which may indicate a deeper correction.
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1
Daily review of ETH interval 1DI invite you to review the ETH to USDT chart in a one-day time frame. As you can see, the price has broken the downtrend line upwards. Let's start with the support line and as you can see the first support in the near future is $1247, if the support is broken then the next support is $1212, $1180 and $1133. Now let's move on to the resistance line, as you can see the first resistance the price is currently fighting is $1306, if it manages to break it, the next resistance will be $1376 and $1447. Let's pay attention to the EMA Cross 10 and 30, we can see that the red line is in the process of crossing the green line from below, which usually indicates an increase in price. Looking at the CHOP indicator, we see that some of the energy has been used, but it is still there, the MACD indicates an uptrend, while the RSI is approaching the upper limit, which may indicate an upcoming correction.
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Daily review of BTC interval 1DHello everyone, I invite you to review the BTC chart in pair to USDT, on a one-day timeframe. At the beginning, using the blue lines, we can mark the downtrend channel in which we are moving. However, locally, with the help of a yellow line, we will mark the downtrend line with which the price is fighting. Next, we can move on to BTC support, and here we can see that we first have a strong support zone from $16,562 to $16,084, only when the price goes below this zone, we can see a drop to $15,457, which is the place of the last low, and further to the price of $13,635. Looking the other way, we see that we have first resistance at $16836 where the price is moving, further resistance appears at $17739 and $18416, then there will be a strong resistance zone from $19171 to $20174. When we look at the EMA Cross 50 and 200, we see that they indicate a continuation of the downtrend. However, after switching to EMA Cross 10 and 30, we see that the red line is moving and right next to the green one, when it crosses it, we can see an upward movement. Next, we see the CHOP index which indicates that we have a lot of energy for the upcoming move, the MACD indicator indicates an uptrend, while the RSI has been moving in the middle of the range for some time, so we cannot clearly determine the direction.
COINBASE:BTCUSD
by cryptodailyuk
MKRUSDT Are increases coming?Hello everyone, I invite you to review the MKR cryptocurrency pair to USDT, on a four-hour interval. Let's start by marking with blue lines the downtrend channel where the MKR price is moving. Now, using the Fib Retracement tool, we can determine the support that the price has when the correction deepens. And here in the first place we can mark the support zone from $515 to $509, if the zone is broken, we have the next support at the price of $502, which is the place of the last low. Looking the other way, we will check resistance points for the price in the same way. As we can see from the $540 to $551 level, we have a strong resistance zone that the price has to face, once we exit above it, there is another resistance at the $564 price, but first the price needs to break the $525 to $530 zone. It is worth marking the Rounding Bottom here, because such a formation often ends with an increase in price. As we can see on the CHOP index, we have a lot of energy for the next move, the MACD stays on the edge of the local uptrend, while the RSI is in the middle of the range, but when we look at it on a one-day interval, we will notice that in the long run we are moving in the lower which may also indicate a price increase.
by cryptodailyuk
1
Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on the 4-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 $1244, if the support is broken then the next support is $1226, $1211 and $1197. Now let's move on to the resistance line, as we can see the price has bounced off the very important $1275 level at 0.618 Fib, if it manages to break it, the next resistance will be $1309 and $1353. Looking at the CHOP indicator, we see that the energy has been exhausted, the MACD indicates that we are on the verge of entering a local downtrend, while the RSI indicator is at the upper limit, which may indicate a price correction.
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1
XRP - USDT on 1D interval Resistance and SupportHello everyone, I invite you to review the chart of XRP in pair to USDT, on a one-day timeframe. Let's start by marking the first trend, but before the price can face it, it has to overcome the local trend. Next, it is worth marking the sideways trend channel with blue lines, as we can see, although the price left the channel up, we formed a Head and Shoulders formation and the price returned to the channel. Now let's move on to determining the support and here we can immediately see that the price is currently based on a strong support at $ 0.35, the next support is at $ 0.29, but in this situation it is worth marking the zone from the lower border of the channel to support as a strong support zone from $0.32 to $0.29. Looking the other way, we see that we have the first resistance at $0.36, the second resistance at $0.40, when we manage to break it and break above the upper border of the channel, we have a strong resistance zone from $0.43 to $0.46, which the price will have to deal with to measure. Please also pay attention to the volume, which has definitely increased with the advantage of buyers. On the CHOP index, we see that most of the energy was used to stop the correction, the MACD indicator indicates that we have maintained an uptrend, while the RSI is moving in the lower range, which in the long run should result in an increase in the price.
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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 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 $16766, if the support is broken then the next support is $16671 and $16597. Now let's go to the resistance line, as you can see the first resistance is $16898, if you manage to break it, the next resistance will be $16984, $17054 and $17122. Looking at the CHOP indicator, we see that in the 4-hour interval we still have energy for the next move, the MACD confirms the local uptrend, but the RSI is in the upper part of the range, which may indicate a small correction.
COINBASE:BTCUSD
by cryptodailyuk
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