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Trendbasedfib

BTC 1H Review Short-Term!Hello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the interval of one hour. First of all, we will use the blue lines to mark the uptrend channel, from which the price exited at the bottom and entered the downtrend channel formations. What's more, very often the exit from the channel is close to the size of the channel, in this situation we can see the price drop to around $28236. In order to determine the support places for the BTC price, we will use the Trend Based Fib Extension tool, and here we see that the first support is at the price of $ 28973, then we can define the support zone of $ 28,528 to $ 28,171, but when the price breaks out of this zone, further we have very strong support at $27815 followed by $27305. Looking the other way, we can determine the places of resistance in a similar way. First, we will mark the resistance zone from $29734 to $30009, when we break it we have resistance at $30277, then resistance at $30690, then very strong resistance at $31175. The CHOP index indicates that the collected energy is used for a local price increase, the RSI indicates a significant increase with room for the price to go higher, but on the STOCH indicator we can see that we have exceeded the upper limit, which may affect the slowdown of the price increase and even return to correction.
by cryptodailyuk
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BTC/USDT 1H Interval Review Short-TermHello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price stays at the local uptrend line. After unfolding the trend based fib extension tool, we see that the first significant support is at $29,094, then the second at $28,912, and then the third at $28,730. Looking the other way, we see that first there is the resistance zone from $29,542 to $29,639, which so far has no strength to break, then the second zone from $29,745 to $29,884, and then the resistance at $30,066. The CHOP index indicates that there is still energy to move, the RSI indicates that there is room for further declines, while the STOCH indicator shows exhausted energy, which may give a temporary sideways trend or a slight increase.
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BTC-USDT Short-Term 30M IntervalHello everyone, let's look at the BTC to USDT chart on a 30 minute time frame. As you can see, the price has moved sideways from the downtrend line. After unfolding the trend based fib extension grid, we see that the first significant support is at $28,766, the second at $28,586, and then the third at $28,413. Now let's move on to resistance and as you can see first we have a strong resistance zone from $29293 to $29413, then we have resistance at $29565 and then resistance at $30005. The CHOP index indicates that the energy is rising, the MACD indicates that we are moving in an uptrend with room for further growth, and on the STOCH indicator we are approaching the upper limit, after crossing it, we can rebound the price.
COINBASE:BTCUSD
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MKR 1D Review Long-TermI invite you to review the chart of MKR in pair to USDT. Here the price stays above the uptrend line After unfolding the trend based fib extension grid, we see that we first have a support zone from $ 1067 to $ 1008, then we can mark the second support zone from $ 950 to $ 867, but when the zone does not hold the price, we can see a drop to the area of strong support at $ 763. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price has rebounded from the beginning of the $1265 to $1349 resistance zone, then it needs to break through the second very strong zone from $1442 to $1569 and then it can move towards the resistance at $1729. When we turn on the EMA Cross 10 and 30, we see that the MKR is moving in a local uptrend. The CHOP index indicates that the energy has been used, the RSI is moving in the upper part of the range, which may result in a larger price correction, and the STOCH indicator shows that there is a lot of energy, which, combined with the RSI, may result in a price correction.
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ETH/USDT 1DInterval Hello everyone, I invite you to review the chart of ETH in pair to USDT, also on a one-day interval. First, we will use the yellow line to mark the uptrend line above which the ETH price is staying. Now let's move on to marking the places of support. We will use the trend based fib extension tool to mark the supports, and as you can see, we can first mark the support zone from $1784 to $1670, then we have support at $1559, and then another very strong support at $1399. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we will similarly mark the resistance zone from $ 2034 to $ 2160, the price of which has no strength to break through, but when it does, it must overcome a very strong resistance at the price of $ 2291. The CHOP index indicates that there is still energy to continue the movement. On the RSI we see a rebound and a place for the price to go lower, while on the STOCH indicator we see that the energy has been consumed, although we can still see the price fall.
by cryptodailyuk
BTC/USDT 1DInterval ReviewHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the one-day interval. First, we will use the yellow line to mark the downtrend line over which BTC is moving. Now we can move on to marking the places of support in the event of a correction. And here, in the first place, it is worth marking the support zone from $ 29,484 to $ 28,738, but when we fall below this zone, we can see a drop to around $ 28,993 and even $ 26,941. Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. First, we will mark the resistance zone from $31,641 to $32,479. Once we manage to break through this zone we will move towards resistance at $33331 and then $34503. It is worth turning on the EMA Cross 200, as we can see, the BTC price is still in a long-term uptrend. Please pay attention to the CHOP index which indicates that there is still some energy left for the continuation of the downward movement, on the RSI we have a visible rebound, but with room for the price to go down, while the STOCH index indicates that most of the energy has been used
by cryptodailyuk
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BNB/USDT Short-TermHello everyone, let's look at the BNB to USDT chart on a one hour time frame. As you can see, the price is moving along the uptrend line. After unfolding the trend based fib extension mesh, we see that the first support is at $243, then there is a support zone from $242 to $241, and then support at $240. Now let's go from the resistance line, as you can see the first resistance is $246 and then the price needs to break the $247 zone to $248. The CHOP index indicates that there is a lot of energy gathered, the MACD confirms the local uptrend, and the RSI is in the upper part, however, there is room for the price to go towards the first resistance.
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BTC/USDT 1H Interval ReviewHello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price has returned below the uptrend line. Let's start with the support line and as you can see the first support in the near future is $29542, if the support is broken then we still have a support zone from $29342 to $29220. Now let's go from the resistance line, as you can see the first resistance is $29999, if you manage to break it then the price needs to break the zone from $30238 to $30403. The CHOP index indicates that the energy has been used, the MACD confirms the local downtrend, and the RSI has approached the lower limit, which may give a temporary sideways trend.
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1
ADA 4HInterwal Resistance and SupportHello everyone, I invite you to review the ADA chart in pair to USDT, also on a four-hour interval. First of all, using the blue lines, we can mark the local downtrend channel in which the price is currently moving. Now let's move on to marking the places of support. And as you can see, we have the first support at $0.29, then we have a support zone from $0.27 to $0.26. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we have the first significant resistance at $0.33, and then the price needs to break the resistance zone from $0.35 to $0.37. The CHOP index indicates that there is a lot of energy harvested. The MACD indicator indicates a transition to a local uptrend. On the other hand, on the RSI we are in the middle of the range, which makes it difficult to turn the direction of the price, but adding the collected energy and entering the uptrend on the MACD, we can see an attempt to increase the price.
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BTC Daily Review 4HIntervalHello everyone, I invite you to review the current situation on the BTC pair to USDT, taking into account the four-hour interval. First, we will use the yellow line to mark the downtrend line from which the price has moved sideways. Now we can move on to marking the places of support in the event of a correction. And here, in the first place, it is worth marking support at $29248, but when we go lower, we still have a strong support zone from $28696 to $28266. Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. And here the first resistance is at $30,242, then we have the resistance zone from $30,758 to $31,114, however, before any major increases, the price must break the resistance at $31,581. Please pay attention to the CHOP index which indicates that there is a lot of energy for the upcoming move, the MACD indicator indicates entering a local uptrend, while the RSI is moving in the lower part of the range, which may bring the price up in the coming hours.
by cryptodailyuk
1
BTC/USDT 1Hinterval support and resistanceHello everyone, let's look at the BTC to USDT chart on one hour time frame, the price is trading below the local falling trend line. To check the supports, we will use the trend based fib extension tool and as you can see, the first significant support is at $29,481, and then we have strong support at $29,306. Now let's move on from the resistance line, as you can see the price fights the resistance at $29783, then we have a strong resistance zone from $29930 to $30038 and then resistance at $30172. The CHOP index indicates that there is energy for further movement, the MAC maintains a downward trend, and the rsi is moving under the downtrend line, only when we exit it can we see the price increase.
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BTC/USDT 4HInterval ReviewHello everyone, I invite you to check the current situation on the BTC pair to USDT, taking into account the four-hour interval. First, we will use the blue lines to mark the local sideways trend channel where the price is at its lower border, while using this line we can mark the downtrend lines in the current channel where the price is higher with a sideways move. Now let's move on to determining the resistance, for this we will use the trend based fib extension tool and as we can see the first significant resistance is at the price of $30705, then we have a strong resistance zone from $31220 to $31591, and only then the price will move towards the resistance at priced at $32,052. Looking the other way, we can also mark support places for BTC, as you can see the first support is at $29687, and then we can mark a very strong support zone from $29227 to $28897. Please pay attention to the CHOP index, which indicates that there is a lot of energy for the upcoming move, the MACD indicator remains in a downward trend, but is close to changing the trend, and after reacting, we have a sideways movement on the RSI with the place for the price to move towards the first resistance.
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BTC/USDT Short-Term 1HInterval ReviewHello everyone, let's look at the BTC to USDT chart in one hour time frame. As you can see, the price has broken out of the local downtrend line. After unfolding the trend based fib extension mesh, we see that the price has bounced off the strong resistance at $30,442, and when it breaks the next resistance is at $30,550. Looking the other way, we see that the first support is at $30,318, then you can mark a strong support zone from $30,238 to $30,182, and then support at $30,114. Looking at the CHOP indicator, we can see that the energy is almost used up, the MACD confirms the local uptrend and the RSI has a significant increase, however, there is some room for the price to go a little higher.
by cryptodailyuk
1
ETH/USDT 4HInterval Daily ReviewHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. First of all, using the blue lines, we can mark the uptrend channel in which the price is currently moving at its upper border. When we turn on the EMA Cross 200, we can see that it held the price nicely at the time of the correction. Now let's move on to marking the places of support. Here the first support we should take into account is at $1973, then we will mark the strong support zone from $1935 to $1911, however when the price breaks down from it we have another support at $1877. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we have the first very strong resistance at $2063, then we have a strong support zone from $2110 to $2144, only when the price goes up, it will move towards the resistance at $2188. The CHOP index indicates that the energy has been used. The MACD indicator confirms the uptrend. However, on the RSI we crossed the upper limit, which gives us moments of recovery.
by cryptodailyuk
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BTC Daily Review 14.07.2023Hello everyone, I invite you to review the current cryptocurrency situation on BTC in pair to USDT, taking into account the four-hour interval. First, we will use the blue lines to mark the local sideways trend channel that the price is testing after an upward exit from the channel. It is also worth marking the local uptrend line on which BTC is currently moving. After unfolding the trend based fib extension tool, we see that the first support that held the price is at $31,127, then we have support at $30,915, but if the price goes lower, we can determine the important support zone from $30,690 to $30,390. Looking the other way, we can determine the places of resistance in a similar way. And here a very important resistance is at the level of $31840, only when we exit above it, the price will move towards the resistance at $32096, and then towards the very strong resistance zone from $32346 to $32698. Please pay attention to the CHOP index, which indicates that most of the energy has been used and we are currently moving sideways, the MACD indicator indicates maintaining the local uptrend, while the RSI shows a visible rebound after a strong increase, which may give room for another wave of price increases.
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BNB/USDT Short-Term ReviewHello everyone, let's look at the BNB to USDT chart on a one hour time frame. As you can see, the price has broken out of the local downtrend line. After unfolding the trend based fib extension mesh, we see that the first support is at the price of $ 239.8, the second at the price of $ 236.5. third at $233.3, and fourth at $228.7. Looking the other way, you should first mark the resistance zone from $247 to $250, and then the second zone from $254 to $257. The CHOP index indicates that there is a lot of energy to move, MACD is on the verge of returning to the downtrend, and we have a rebound on the RSI, but there is room for the price to go lower.
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Review Chart DOT/USDT 4HHello everyone, I invite you to review the DOT chart in pair to USDT. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range. And when we turn on the EMA Cross 200, we see that the price has stayed on this line, which indicates that the uptrend that was started earlier is being maintained. Moving on, we can move on to marking support areas when we start a larger correction. And here the first support is at $4.98, then we can mark the support zone from $4.58 to $4.25, however, when the price falls below this zone, we can see a drop to around $3.93. Looking the other way, we see that the price has reached an important resistance zone from $ 5.35 to $ 5.65, which so far has no strength to break. However, if it manages to exit the descending channel upwards and break through the resistance zone, the next resistance will appear at $6.04, and then the price can move towards the resistance at $7.20. Take a look at the CHOP index, which indicates that the energy is starting to regain strength, the MACD indicates that we are in a local uptrend, while the RSI is back to the middle of the range, which gives room for the price to go a little higher.
by cryptodailyuk
ETH/USDT 1HInterval ReviewHello everyone, let's look at the ETH to USDT chart on a one hour timeframe. As you can see, the price is staying above the local uptrend line. When we unfold the trend based fib extension grid, we see that the price is in the support zone from $ 1873 to $ 1853, while we can mark the second zone from $ 1822 to $ 1799. Looking the other way, we see that the price is before a strong resistance at $1888, and then we have a very strong resistance at $1927. The CHOP index indicates that there is energy to move, the MACD indicates that we remain in a local downtrend, while the RSI has rebounded to the lower part of the range, which should give room for price growth.
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BTC/USDT Review long-term 1DIntervalHello everyone, let's look at the BTC to USDT chart on a single day timeframe. As you can see, the price has moved above the downtrend line. After unfolding the trend based fib extension tool, we see that the first support is at $30078, the second at $29174, the third at $28446, and then there is a strong support zone from $27717 to $26665. Looking the other way, first resistance is at $31,313, second at $32,289, third at $33,082, then there is a strong resistance zone from $33,882 to $35,002. The CHOP index indicates that there is a lot of energy to move, the MACD indicates a return to the downtrend, and the RSI is in the upper part of the range, which may affect the price rebound.
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LTC/USDT Review 4H Analysis Hello everyone, welcome to the LTC review on a four-hour interval. Currently, with the help of blue lines, we will mark the downtrend channel, from which the price is fighting for an upper exit. Now let's move on to marking the support spots for the price and we see that the price is currently holding a very strong support at $94.76, however when it leaves the support below, we can see a drop to the second support at $82.24. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the first resistance is at $99.53, then we have the second resistance at $104.49, and then price needs to break a strong resistance zone of $108 to $112. The CHOP index indicates that most of the energy has been used, the MACD is struggling to return to the local uptrend, while the RSI is moving in the lower part of the range, which may also affect the reversal of the uptrend.
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XRP/USDT 1D Review ChartHello everyone, welcome to the XRP chart review on a one-day timeframe. As we can see after defining the uptrend line, the price has fallen slightly below, but remains close to this line. Let's start by marking the support areas for the price and we see that first we have a support zone from $0.45 to $0.42, which is holding the price so far, but if the zone is broken, the next support is at $0.39. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price is currently bouncing off the $0.48 resistance. Then we can mark a resistance zone from $0.51 to $0.52, and a second very strong zone from $0.54 to $0.57. The CHOP index indicates that a lot of energy has been collected, the MACD is struggling to return to the downtrend, while the RSI has a further rebound, which may positively affect the change of the price direction to an upward one.
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BNB Short-Term Review Resistance and Support Hello everyone, let's look at the BNB to USDT chart on a single day timeframe. As you can see, the price has fallen below the local uptrend line. Let's start by setting the support line and as you can see the first support that is currently holding the price is $234.5, then the second is at the price of 232.5$, and then the third at the price of 230.9$. Now let's move on to the resistance and trump BNB first has to break the zone from $237 to $238, then there is resistance at $239.5. Looking at the CHOP indicator, we see that there is some energy left for the move, the MACD indicates an attempt to return to the local uptrend, and the RSI has approached the middle of the range, but there is still room for the price to rise.
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BTC/USDT Long-Term 1DInterval ReviewHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the one-day interval. First, we will use the blue lines to mark the downtrend channel from which the price has gone up, while locally it is worth marking the sideways trend channel in which the BTC price is moving. We will use the trend based fib extension tool to determine the supports, as we can see now the first support at $30049 held the price, however when it goes lower the next support is at $29180, then the third support at $28402 and then it is worth marking a very strong zone support from $27678 to $26628. Looking the other way, we can determine the places of resistance in a similar way. And here the first resistance at fibon's golden point is at $31855, before which the price turns back, however when it manages to break it, the second resistance is at $33809 and then the third resistance at $36250. When we turn on the ema cross 10 and 30, we can see that it indicates a continuation in the ongoing uptrend. The CHOP index indicates that there is a lot of energy to be used, the MACD indicator indicates a downtrend, and we can see a rebound on the RSI, but we are still in the upper part of the range, which may give the price a rebound.
by cryptodailyuk