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 $1205, if the support is broken then the next support is $1193 and $1183.
Now let's move on to the resistance line, as you can see the first resistance is $1227 which the price rebounded from, if it manages to break it, the next resistance will be $1251 and $1276.
We can see that the uptrend was confirmed when the moving average red crossed the green line from below.
Looking at the CHOP indicator, we can see that some of the energy has been used for a correction, the MACD indicates entering a local downtrend, while the RSI shows a nice rebound from the moment we touched the upper range.
Trendanalyse
UJ CORRECTION!!!Hello fellow traders!
USD/JPY Has been bullish for the last 8 days now and is being contested by the bears, I feel that there is a correction happening. So we are looking at the 50% fib retracement level for clarification.
CHECKLIST:
✔BULLISH MOMENTUM
✔RSI IN BEARS POSSETION
✔SUPERTREND IS IN BEARS POSITION TO TEST KEY LEVEL
✔50% FIB LEVEL IS BEING TARGETED
255 PIP ANALYSIS (FROM KEY LEVEL)
Review FTM/USDT 4H IntervalI invite you to review the FTM chart against USDT, on a four-hour interval. in this situation, we can use the yellow lines to mark a triangle in which the price is approaching the exit direction. We can also see that the EMA Cross 50, marked with a yellow line, indicates a downtrend, when we see the yellow line cross the blue line, it will be a signal for a larger upward move.
Now we can move on to identify the support lines that the price should rely on, and here we see that we have the first support at $0.20, equal to the 0.618 Fib Retracemant that has held the price in recent days. We still have support at $0.18 and $0.16.
Looking the other way, we can see that price tried to break through the resistance at 0.618 Fib Retracement three times, but each time it bounced off it, and now we have first resistance at $0.22, second resistance at $0.24, third important resistance at $0.26, and fourth at $0.28.
It is worth paying attention to the volume, which is quite small, but with a visible advantage for buyers. The CHOP index indicates that the energy has been used, the MACD confirms the local uptrend, while the RSI, like the CHOP index, shows overheating, which may cause the price to correct.
BNB / USDT 1D INTERVAL, Support and ResistanceHello everyone, welcome to a chart review of BNB vs USDT on a four-hour timeframe. We can start by identifying with the white lines a sideways trend channel where the BNB price has been moving for a long time. Then we can move on to marking the yellow downtrend line under which we are currently moving.
As we can see the last drop in the price stopped perfectly at 0.786 Fib Retracement at $221.6 which is a strong support for our price and also the lower border of the side channel, when the price goes lower we can see a drop to around $183.4 which is the place of the last low prices. However, the price is currently trading in the support zone from $246.5 to $236.9.
Looking the other way, we see that the first resistance should be up at $253.3 from which it has already bounced twice, the next resistance is at $274.2, then at $290.8, $307.9 and $332.4, this is a very strong resistance, and also the upper limit of the sideways trend channel.
It is worth paying attention to the volume, which is very low at the moment. The CHOP index indicates that the energy is exhausted, the MACD tries to maintain an uptrend, while on the RSI, despite the sideways movement, we see that we are quite high, we have room for price growth, but a small correction can be expected locally.
ETH - USDT, 1D Interval Resistance and Support I invite you to review the ETH/USDT chart on a one-day interval.
However, here we can use white lines to mark a long-lasting sideways trend channel, while locally it is worth marking a local uptrend line.
Now with the help of Fib Retracement we will check where the price has support, and here we see that we first have a support zone from $ 1213 to $ 1180, but when the price falls below this zone, we have another support at $ 1134 and then 1074 $ at the bottom of the channel and at the previous low.
Looking the other way, in a similar way, we can check where the ETH price will meet resistance. And as you can see, we have the first resistance at $1227, which the price is currently fighting, the next resistance is at $1,251, then we have a strong resistance zone from $1,276 to $1,309, and when the price breaks it, it will go towards the resistance at $1,352, to the top of the channel.
It is worth noting that the volume is very small, but there is a growing advantage of buyers.
The CHOP index indicates that we have a lot of energy, so we can expect more traffic to come. The MACD indicator indicates that we have entered an uptrend, while the RSI is moving around the middle of the range, which makes it difficult to determine a specific price direction.
Daily review of BTC interval 1DHello everyone, I invite you to every Friday review of selected cryptocurrencies. We'll start with a chart review of BTC vs USDT on a single day timeframe. At the beginning, we can use the blue lines to mark the triangle in which the BTC price is moving and we can see that we are getting closer to taking the direction of leaving it.
Let's start with the support line and as you can see the first support in the near future is $16586 equal to 0.618 FIB, if the support is broken then the next support is $16086 and $15456.
Now let's move on to the resistance line, as you can see the first resistance the price is currently fighting is $16762, if it manages to break it, the next resistance will be $17073, $17325 and $17581.
Looking at the CHOP indicator, we can see that there is a lot of energy for a bigger move, the MACD is close to indicating an uptrend, while the RSI is moving below the middle of the range, which could potentially give room for an uptrend.
BNB/USDT 1DChartReview Hello everyone, I invite you to review the BNB/USDT chart on a one-day timeframe. With the help of white lines we will determine the sideways trend channel, while locally we can mark the downtrend line under which the BNB price moves.
Importantly, when we develop the Fib Retracement tool, we can immediately see that the price is in a strong support zone from $251 to $222, however, if the support is broken and the price drops lower, we can see a drop to near the previous low at $184 .
However, if the downtrend ends and we see increases. It is the price will first encounter resistance at $274, then $291, then we have a strong resistance zone from $309 to $331, then resistance at $361, the location of the last high not taking into account the vertical candle.
As we can see, the CHOP index indicates that the energy is slowly rising, the MACD indicator indicates that we have entered an uptrend, while the RSI is moving sideways in the lower part of the range.
Daily review of BTC interval 1DHello everyone, I invite you to every Friday review of selected cryptocurrencies. We'll start with a chart review of BTC vs USDT on a single day timeframe. First of all, we can mark with the help of white lines the sideways trend channel in which the price has been moving for a long time, while locally with the help of the yellow line we can mark the downtrend.
Now, with the help of Fib Retracement, we will check what support the price has on its way. And as we can see, the price is currently holding just below the support at 0.618 Fib Retracement, and the next support is at $16087, lower at $15449, which is the last low, but if the price goes lower, we can see a drop even to around $13648 .
However, in a situation where the trend reverses and the price starts to grow, it is worth marking the places where we can encounter resistance. And so we see that we have the first resistance at $16,760, the second at $17,073, the third at $17,342, and the fourth at $17,554. Only when the price overcomes these four resistances and positively tests the last one, the way to further increases will open.
It is worth paying attention to the CHOP index which indicates that we have a lot of energy for the upcoming move, MACD indicates that we are moving in a downtrend, while the RSI has been moving in the middle of the range for a long time.
UNIUSDT 1D Interval- Resistance and SupportHello everyone, welcome to a review of the UNI to USDT chart on a one-day timeframe. First, we will use the blue lines to mark the downtrend channel in which the price is currently moving.
Next, we can check where the price has support, and here we can see that we are currently in the $5.82 to $4.73 support area. However, if the support is broken and the price starts to fall more strongly, we can see a drop to around $3.32, which is the place of the last price low.
Looking the other way, we will similarly check where the price should break resistance when the downtrend reverses. As we can see, we have the first resistance at $6.82, the second resistance at $7.91, and then we have a strong resistance zone from $8.99 to $10.52.
Please pay attention to the CHOP index, which indicates that the energy is starting to rise strongly. The MACD is getting closer to crossing the red line with the blue line from below, which would confirm the change of the trend to an upward one, while the RSI is moving in the lower range, which may also indicate an upcoming uptrend.
what will happen to MANAUSDT after 100% fallinghello
as you can see MANAUSDT is in the support key level and after nearly 5 months of falling it may be time to increase a little after touching the lowest level of the channel
all you need to know is in the chart
good lock
The information provided on this Page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. this page does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions
BNB / USDT 1D INTERVAL, Support and ResistanceHello, I invite you to review the BNB chart in pair to USDT on a one-day timeframe. First of all, it is worth defining the sideways trend channel, while locally we can mark the downtrend channel with blue lines.
Now let's move on to marking the support that we should take into account when the price starts to fall. And here we see that we have the first support at the price of $ 229.7, but if the price drops lower, we have the next support at the price of $ 183.8, which is the place of the previous price low.
Looking the other way, we can see where the price should break resistance when it rises. The first resistance is at $261.9, the second at $287.7, the third at $309.2 and the fourth at $329.7.
As we can see, the current correction started when the red moving average line crossed the green line from above.
We can see that the volume is at very low levels. The CHOP index indicates that the energy is slowly starting to rise, the MACD indicates that we are entering a local uptrend, while the RSI is at very low levels, which may indicate an upcoming price increase.
Daily review of ETH interval 4HI invite you to review the ETH chart on a four-hour interval. Let's start by marking the sideways trend channel with the white lines, while locally we can use the yellow line to determine the local uptrend line from which the price came down.
As for the places of support for ETH in the deepening correction quote, we can see that first we have a support zone where the price is currently from $ 1214 to $ 1181, however, if the price goes lower, we have another support at $ 1134, and then at the price of $ 1075, at the lower border of the channel and at the last low of the price.
Looking the other way, we can similarly determine the passing of resistances and here we see that we have the first resistance at $1227, the second at $1252, the third at $1274 and the fourth resistance at $1308.
It is worth noting that the volume from the last few days is very low with a predominance of red candles. On the CHOP index, we see that most of the energy has been used, the MACD indicates a local downtrend, while on the RSI we see a rebound towards the lower end of the range, which may indicate an impending price increase.
BTCUSDT-1DInterval-Review Hello everyone, I invite you to review the BTC to USDT chart, on a one-day timeframe. As we can see, the price has been moving in the sideways trend channel for a long time, but currently we can mark with the yellow line, the local downtrend line with which the price is fighting.
Now let's move on to the support line and as you can see the first support that held the price at the current correction is $16583, if the support is broken then the next support is at $16078, while the third support is at $15461 which is below the lower limit of the channel, but it is also the place of the last price low.
Looking the other way, also using Fib Retracement, we will check the places where the price should subdue the resistance when the increases begin. as we can see the first resistance is at $16763, the second resistance is at $17077, the third resistance is at $17325 and the fourth resistance is at $17576.
As we can see, the entry into the local correction was preceded by the crossing of the green line moving average from above, through the red line. Looking further, we see that the volume is at low levels with a predominance of candles on the sellers side.
The CHOP index indicates that most of the energy has been used for the current correction, the MACD confirms the local downtrend, while the RSI is recovering and is currently at quite low levels, which may potentially bring the price up.