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Trendbasedfib

BTC 4hInterval ChartHello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price has returned below the local downtrend line. When we unfold the Trend based Fib Extension tool, we can see that the price is approaching the support level of $35,977, and then we have a strong support zone from $35,431 to $34,748. Looking the other way, the resistance level is again the $37,300 level, and then the price will move towards the zone from $38,069 to $38,608, before which the price is rejected. Looking at the CHOP indicator, we see that there is some energy for the move, the RSI indicator, similarly to the STOCH indicator, shows a current rebound, but there is also room for further price decline.
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ETH/USDT 4H Chart Hello everyone, let's take a look at the ETH to USDT chart on a four-hour time frame. As you can see, the price managed to stay on the local downtrend line. When we unfold the trend based fib extension grid, we see that the strong support at $1,960 has maintained the price and is still support, but we may still see a decline to the support level at $1,850. Looking the other way, you can see the current resistance zone from $2,088 to $2,135, and then there is visible resistance at $2,247. The CHOP indicator shows that there is still energy that can be used to drop the price, the RSI indicator shows a slight rebound, but with room for the price to fall lower, and the STOCH indicator shows a rebound from the lower limit, which may result in a slightly larger price increase in the current movement. .
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DOT/USDT 4H Interval ChartI invite you to review the chart of DOT in pair with USDT. First, we will use the blue lines to mark the downward trend channel from which the price emerged with dynamic upward movements, moving along the locally created upward trend line. Going further, we can move on to marking support areas when we start a larger correction. however, here we have significant support at the level of $5.04, which has kept the price from further declines for now, only after it is broken, we can see the price return to the support zone from $4.51 to $4.14. Looking the other way, for now, an important level for further increases is the resistance at the price of $6.09; only after it is overcome and positively tested will we be able to see attempts at further increases in the DOT price. Please look at the CHOP index, which indicates that there is still energy to make a move, the RSI indicator shows a visible rebound, adding the STOCH indicator, which shows a reflection from the lower end of the range and visible room for growth, we can see a continuation of the upward movement before the upcoming correction.
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BTC 1HInterval Short-TermHello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the one-hour interval. First, we will use the blue lines to mark the local channel of the upward trend, in which the price tried to break out at the bottom, but quickly returned to the ongoing channel. Going further, we will use the Fib Retracement tool, and here we can see that the price decline was maintained by a strong support zone from $34923 to $34090, but now that the price has quickly rebounded, we should keep in mind the support at $36096, where the price can currently resist. Looking the other way, we will similarly check the current resistance points that BTC will have to face again in further increases. And here you can see that the first significant resistance should appear at the level of $36,777, and then the price will be able to move towards a strong resistance zone from the level of $37,326 to the level of $38,026. When we turn on the EMA Cross 10 and 30 indicator, we can see that the red ema corss 10 line is approaching the intersection of the green ema cross 30 line from below, which will potentially confirm the return to the local uptrend. Please pay attention to the CHOP index, which indicates that there is still some energy left for movement, the RSI indicator shows a dynamic increase with room for the price to go higher, but the STOCH index exceeded the upper limit, which may result in a local price recovery.
COINBASE:BTCUSD
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1
BTC/USDT Short-Term Chart 1HHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price is struggling to stay in the local horizontal trend channel. After unfolding the trend based fib extension grid, you can see a support zone just below the side trend channel from $26,113 to $35,711, and further decline may stop the support at $25,220. Looking the other way, a resistance zone has formed from $36,568 to $36,784, followed by a strong zone from $37,324 to $37,725. Looking at the CHOP indicator, we see that there is still energy for a decline, and the RSI indicator, similarly to the STOCH indicator, also shows room for a deepening downward move.
COINBASE:BTCUSD
by cryptodailyuk
BNB/USDT 4HInterval Chart Hello everyone, I invite you to review the BNB chart taking into account the four-hour interval. We will start by defining the upward trend channel from which the price broke out at the bottom and the decline itself was similar in size to the channel, then using the yellow line we define the downward trend line from which the price broke out at the top and created the upward trend channel in which we are currently moving. Let's start by marking support areas for the price and we can see that the first support zone is from $244 to $236, but if the price drops lower, we can see the price return to the second zone from $223 to $214. Looking the other way, we can similarly determine resistance, but here, after unfolding the Fib Retracement grid, we have a visible strong resistance zone from $248 to $261, until the price overcomes it it will not be able to grow further. The CHOP index indicates that there is still energy for a move, the RSI indicator shows a recovery, despite a small movement on the price chart, there is still room for the price to go lower, while on the STOCH indicator we fell to the lower limit, which resulted in a slowdown in the recovery and gives a temporary sideways trend.
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BTC/USDT 1DInterval ChartHello everyone, I invite you to review the current situation on BTC in the USDT pair, taking into account the one-day time frame. First, we will use blue lines to mark the local upward trend channel in which the BTC price is moving at the upper limit. To check where we are, we will use the Fib Retracement tool. And here a strong resistance zone should be marked, which in the long term blocks the price from $35,677 to $41,195, what's more, it is also the upper limit of the currently marked channel, only after we exit this zone upwards, we should see it tested and then a possible upward movement towards resistance at $48,107. However, when this zone rejects the price and a larger correction begins, we may see the price return to the strong support zone from $32,715 to $29,404. only when the price breaks through the bottom, we still have the second zone from $24,119 to $20,285. After turning on the EMA Cross 50 and 200 indicator, it is clearly visible that the price remains in a very strong upward trend, although we may see a correction in the coming days. Please pay attention to the CHOP index, which indicates that energy is being collected again, on the RSI indicator we are moving at the upper limit, similarly to the STOCH indicator, which may also affect the price recovery after the recent increases.
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ETH Short-Term Chart 1HIntervalHello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price has moved higher from the local downtrend line. After unfolding the Trend Based Fib Extension grid, we can see the price increasing towards the strong resistance zone from $2,100 to $2,124, which effectively stopped the increase, and then there is resistance at $2,155. Looking the other way, you can see the support zone from the level of $2077 to the level of $2059, and then we have support at the level of $2009, before a larger correction. Looking at the CHOP indicator, we can see that energy is currently being used for growth, the RSI indicator has room for the price to go higher, while the STOCH indicator approached the upper limit, which stopped the current upward movement.
by cryptodailyuk
1
BTC/USDT 1H Chart Hello everyone, let's take a look at the BTC to USDT chart for one hour. As you can see, the price is struggling to maintain the downtrend line. After unfolding the Trend based fib extension grid, you can see a strong support zone from the level of $37,011 to the level of $36,673, with a larger decline, the price should have support at the level of $35,735. Looking the other way, we can see that the level of $37,428 is reducing the price, but we still have a strong resistance zone from $37,866 to $38,183. Looking at the CHOP indicator, we see that there is energy for a continuation of the movement, the RSI indicator is moving in a sideways trend, while the STOCH indicator indicates a possible price drop.
COINBASE:BTCUSD
by cryptodailyuk
BNB Short-Term Chart 1HHello everyone, let's take a look at the BNB to USDT chart on a one hour time frame. As you can see, the price is moving above the local uptrend line. After unfolding the Trend Based Fib Extension grid, you can see the support lines at $252.6, and then there is a visible support zone from $247.9 to $245.8. Looking the other way, you can see that the price is approaching the resistance zone from $255.8 to $258, and then we have resistance at $261.3. Looking at the CHOP indicator, we see that there is still some energy left for the move, the RSI indicator shows an increase with room for the price to go slightly higher, but the STOCH indicator shows that the upper limit has been exceeded, which may result in a price recovery.
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ETH in an important resistance zone!As the second chart in today's review, we will check ETH against USDT, taking into account the four-hour time frame. First of all, we can use the blue lines to mark the downtrend channel from which we saw the exit at the top. Here we will start by unfolding the Trend Based Fib Extension tool in order to determine a strong resistance zone that has stopped the current strong price increase, the zone from $2089 to $2253, only an exit from this zone and a positive test of it can open the way towards the resistance at $2730 . However, if we look the other way, using the same tool we will determine price support locations. And here we will start by identifying the support zone from $1,980 to $1,884, but when this zone is broken, we may see a decline to the area of the second zone from $1,619 to $1,481. Index CHOP indicates that energy has been used. The RSI indicator and the STOCH indicator show that the upper limit has been exceeded, which may result in a price recovery after the recent increase.
by cryptodailyuk
BTC/USDT Short? 15MIntervalHello everyone, let's take a look at the BTC to USDT chart on a 15-minute time frame. As you can see, the price remains above the local downtrend line. When we unfold the Trend Based Fib Extension grid, we can determine significant support at the level of $36,372, while we still have a strong support zone from $35,447 to $34,954. Looking the other way, there is a significant resistance zone from $37,807 to $38,070, which is stopping the price from further upward movements. Looking at the CHOP indicator, we see that there is a lot of energy for the move, on the RSI indicator, despite the recovery, there is a lot of room for further declines, on the STOCH indicator we are again approaching the upper limit, which may also indicate an upcoming price drop.
Short
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ETH/USDT 4HInterval Chart!Hello everyone, let's take a look at the ETH to USDT chart on a 4-hour time frame. As you can see, the price dynamically moved higher from the downward trend line. When we break down the saitke trend based fib extension, we will see a visible support zone from $1,924 to $1,844, and then we have a second zone from $1,716 to $1,626. Looking the other way, you can see a break through the resistance at $1,967, but at this point it is worth marking the zone from $1,969 to $2,047, only when the price tests it will it move towards the resistance at $2,241. Looking at the CHOP indicator, we see that the energy in this movement is running out, the RSI indicator shows that the upper limit has been touched, which has slowed down the current increase, and the STOCH indicator shows that the upper limit has been exceeded, which should result in a price recovery in the coming hours.
by cryptodailyuk
DOT/USDT 4HInterval ChartThird, we will check the DOT chart on a four-hour interval. As we can see, the price has broken the downtrend lines, creating a current uptrend which we used the blue lines to describe. Let's start by marking support points for the price and we can see that first we have a support zone from $4.73 to $4.51, however, if the price drops lower, we can see the price return to a very strong support zone from $4.15 to $3 $.89. Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the price is currently fighting against a strong resistance zone from $4.92 to $5.29, and when it manages to break out of it, it will be able to move towards the resistance at $5.76. The CHOP index indicates that there is a lot of energy for movement, on the RSI indicator we are approaching the upper limit again, and on the STOCH indicator we will soon exceed the upper limit, which should result in a rebound for the price.
by cryptodailyuk
BTC 1HInterval Chart ReviewHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price remains above the local downtrend line. After unfolding the Fib Retracement grid, you can see that the price maintains support at $35,244, then we have a strong zone from $34,513 to $34,124, which protects us from falling to the support level of $33,006. Looking the other way, you can see that the price has been rejected again by the resistance zone from $35,600 to $36,000, but when we come out on top, the price will be able to move towards the resistance at $34,162. Looking at the CHOP indicator, we see that there is a lot of energy to continue the movement, the RSI indicator shows a recovery, but there is still room for price declines, and the STOCH indicator is approaching the upper limit, which may result in a stronger price recovery.
by cryptodailyuk
1
ETH/USDT 1H Short-Term ChartHello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price came out of the local upward trend line. When we unfold the trend based fib extension grid, we see a support zone from $1,854 to $1,837, which stopped the decline, then we have support at $1,815, and then support at $1,753. Looking the other way, there is strong resistance at $1,904, and then the price must break the resistance zone from $1,937 to $1,961. Looking at the CHOP indicator, we see that there is still energy to continue the move, on the RSI indicator, despite the rebound, there is still room for the price to fall lower in the coming hours, and on the STOCH indicator, we are moving at the lower limit, which resulted in the current price rebound.
by cryptodailyuk
BNB/USDT Chart 4HIntervalHello everyone, I invite you to review the BNB pair to USDT chart. First, we will use the yellow line to determine the downward trend from which the price has moved upwards, moving into the upward trend channel, marked with the blue lines, in which the price moves at the upper limit of the range. Going further, we can move on to marking support areas when we start a larger correction. And here, first of all, we have a support zone from $240 to $231, but if the zone does not maintain support, we may see the price return to the area of the second zone from $217.5 to $207. Looking the other way, we see that the price is fighting in a strong resistance zone from $247 to $255, only when we break out of it and then it is positively tested, we should see a move towards the resistance at $277. When we turn on EMA Cross 50 and 200, we have clear confirmation of the return to a strong upward trend, which should now be watched to see how this indicator will behave further. Please look at the CHOP index, which indicates that the energy is approaching exhaustion, while the RSI and STOCH indicators show that the upper limit has been exceeded, which has stopped further price growth and should result in a price recovery.
by cryptodailyuk
ETH/USDT 4HInterval ChartHello everyone, I invite you to check the current situation of ETH in pair with USDT, again taking into account the four-hour interval. Let's start by defining the yellow line, the sagging trend line, from which the price has moved upwards dynamically and is moving above the upward trend. Let's start by marking support points for the price and we can see that first we have a strong support zone from $1,795 to $1,721, but if this zone does not hold the price, we then have a second strong zone from $1,600 to $1,515. Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the price is currently struggling to stay above the resistance at $1,877 so that it can move towards the strong resistance zone from $1,958 to $2,015. The CHOP index indicates a quick rebound and an increase in energy for the next move, the RSI indicator shows that we are again approaching the upper limit, which may result in a stronger rebound, similarly on the STOCH indicator we have touched the upper limit, which should result in a greater price rebound.
by cryptodailyuk
1
BTC Short-Term 1HInterval ChartHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price is trying to stay above the local downtrend line. After unfolding the Trend Based Fib Extension grid, we can see support at $34,690, and then we have a significant support zone from $34,243 to $33,924. Looking the other way, there is a resistance zone from $35,275 to $35,597, which is currently rejecting the price, while we still have resistance at $36,000. Looking at the CHOP indicator, we see that there is energy to continue the movement, on the RSI indicator we are near the middle of the range, while on the STOCH indicator we are at the upper limit, which may indicate a greater price recovery.
COINBASE:BTCUSD
by cryptodailyuk
1
ETH/USDT 1HInterval ReviewHello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price is moving above the local uptrend line. When we unfold the Trend Based Fib Extension grid, we see a support zone from $1,876 to $1,865, then we have a second zone from $1,836 to $1,816, and then support at $1,756. Looking the other way, you can see the current resistance which has decreased the price at $1913, and then we have a resistance zone from $1941 to $1962. Looking at the CHOP indicator, we see that there is energy for a move, on the RSI indicator we are in the upper part of the range, which gives room for declines, and on the STOCH indicator, the rebound again also creates room for the price to react.
by cryptodailyuk
2
BTC 4hInterval ChartHello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price remained above the local upward trend line. After unfolding the Trend Based Fib Extension grid, you can see the support zone from $34,292 to $34,078, and then we have a second strong zone from $33,537 to $33,141. Looking the other way, you can see that the price is struggling with the resistance at $34,735, but we still have a significant resistance zone from $35,724 to $36,157. Looking at the CHOP indicator, we see that there is still energy for a move, the RSI indicator shows a sideways move, while the STOCH indicator shows confirmation of the price rebound with room for further growth.
by cryptodailyuk
6
BTC/USDT 4HInterval Review ChartHello everyone, I invite you to review the current situation on BTC in the USDT pair, taking into account the four-hour interval. First, we will mark the local uptrend channel with the blue lines, and then the local downtrend line inside the current channel with the yellow line. When we turn on EMA Cross 10 and 30, we can see that the red EMA Cross 10 line is approaching the intersection of the green EMA Cross 30 line, which could confirm the return to the downtrend. Now we can move on to marking support areas in case the correction deepens. For this purpose, we will use the trend based fib extension tool, and here, first of all, it is worth marking the support zone from $34,383 to $34,114, but when we fall below this zone, we may see a decline to the vicinity of the second zone, which protects us from a larger correction from $33,687 to $33,370. Looking the other way, we can determine resistance areas in a similar way. First, we will mark the resistance zone from $34,790 to $35,196, when it is overcome, the price will move towards the second strong resistance zone from $35,858 to $36,327, which has effectively rejected the price so far. Please pay attention to the CHOP index which indicates that there is still energy to make a move, the RSI indicator shows a movement around the middle of the range with room for the price to recover more, while the STOCH indicator is approaching the lower limit, which may result in an upward movement, but earlier, there is room for another decline.
by cryptodailyuk
6
ETH/USDT Short-Term 1HHello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price moved sideways from the local downtrend line. When we unfold the trend based fib extension tool, we can see a support zone from $1,790 to $1,776, and then we have a second zone from $1,753 to $1,737. Looking the other way, you can see that the price is fighting in the resistance zone from $1,798 to $1,811, while it may continue towards the second zone from $1,848 to $1,867. Please pay attention to the RSI indicator, which shows room for a price increase, but the STOCH indicator shows that the upper limit has been exceeded, which has stopped the current upward movement and may provide a rebound.
by cryptodailyuk