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.
Trendanalyse
VIEW ON LTCLTC will probably bounce in blue zone for a while if it gets rejected then we might see a slight retracement down back to 72 or below if support doesn't hold. but if doesn't get rejected then we might be looking at higher move upward considering we are in the trending market at the moment.
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.
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.
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.
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.
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.
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.
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.
GBPUSD SHORT Price has continuously respected the resistance levels 1.20717, and 1.21134; Fundamentally and Technically , that being said if trend continues and no new higher high is created its a leading indicator of a bearish trend, especially closer to USD news. USD fundamentally looks bearish on all time frames . LMK what you guys think leave feedback!!!
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.
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.