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Trendbasedfib

LINK-USDT 8h chart reviewHello everyone, let's look at the 8H LINK to USDT chart, in this situation you can see that despite a slight price rebound, we are still in a strong downtrend channel. Let's start by setting goals for the near future, which include: T1 = $12.10 T2 = $12.90 T3 = $13.91 Let's now move on to the stop-loss in case of further market declines: SL1 = $11.07 SL2 = $10.03 SL3 = $8.37. In this situation, it is worth paying attention to the RSI indicator, where we are again approaching the upper limit, which in previous situations resulted in a price correction.
by cryptodailyuk
ETH-USDT 4H chartHello everyone, let's look at the current ETH situation considering the four-hour interval. In this situation, we can see the price fighting against the trend line Let's start by setting goals for the near future, which include: T1-2422$ T2-2583$ T3-2702$ I T4-2854 Now let's move on to the stop-loss in case the market continues to decline: SL1 = 2346$ SL2 = 2210$ SL3 = 2061$ SL4 = 1939$ the RSI shows that we are approaching the upper limit, which may provide relief or inhibit growth in the coming hours
COINBASE:ETHUSD
by cryptodailyuk
BTC/USDT 4H Interval Chart Hello everyone, let's look at the 4H BTC to USDT chart, in this situation we can see how the price is moving in a downtrend channel, and currently we can see how the price has moved upwards from it. Let's start by setting goals for the near future, which include: T1 = $58674 T2 = $60394 T3 = $62412 T4 = $65143 Now let's move on to the stop-loss in case the market continues to decline: SL1 = $55,105 SL2 = $53,217 SL3 = $50,380 And SL4 = $48,219 Looking at the RSI indicator, we can see that we are high on the 4-hour interval, which may slow down the upward movement or try to recover.
COINBASE:BTCUSD
by cryptodailyuk
BNB-USDT 1D ChartHello everyone, I invite you to a quick review of the BNB to USDT chart on a one-day time frame. As you can see, the price has set a new local upward trend line, which is important to stay in the upward phase. After unfolding the Fib Retracement grid, you can see that the price rebounded from the level of $524, then the second support is at $500, the third support is at $477, and the fourth strong support is at $443. Looking the other way, there is strong resistance around $561, but much more important is the level of $605 which has currently rejected the increases.
by cryptodailyuk
XRP/USDT 4H IntervalHello everyone, let's look at the 4H chart of XRP to USDT, because you can see that the price has broken out of the descending triangle. Let's start by setting goals for the near future that we can include: T1 = $0.59 T2 = $0.63 T3 = $0.68 AND T4 = $0.71 Now let's move on to the stop loss in case of further market declines: SL1 = $0.56 SL2 = $0.50 SL3 = $0.47 AND SL4 = $0.42 Looking at the RSI indicator, we can see that we are staying above the upper limit, which may indicate an attempt at price recovery.
by cryptodailyuk
ETH/USDT 4H chartHello everyone, I would like to invite you to a quick review of ETH/USDT, taking into account the 4-hour interval. As you can see, the price, despite the nice rebound, still remains below the downward trend line. Moving on, we will move on to determining support and here the price is currently bouncing off the support at $2,427, then we have strong support at $2,204. Looking the other way, you can see how the resistance at $2,805 rejected the sudden upward movement, only when it overcomes it will it move towards the resistance at $2,987, and further towards the very strong resistance at $3,237.
by cryptodailyuk
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BTC/USDT 4H chart reviewHello everyone, I invite you to a quick review of the BTC/USDT chart on the 4-H interval. As we can see, the price has dynamically returned to the local downtrend line and is currently struggling to maintain its position. Going further, you can see how the price returned above the support at $59,510, then support at $57,490, and then strong support at $54,308 and another very strong support at $52,000. Looking the other way, you can see resistance at the level of $62,000, which effectively rejected the price increase, the next resistance is at $65,426, and then there is strong resistance at $69,662. On the RSI, we can see the indicator falling, but the price does not record a major correction, which may have a positive impact on further upward movement.
COINBASE:BTCUSD
by cryptodailyuk
1
LTC/USDT 1D ChartHello everyone, I invite you to a quick review of the LTC/USDT chart on the 1D time frame. As we can see, the price had a sudden downward impulse below the local downtrend channel, but it quickly returned. Going further, you can see how the price returned above the support at $56.5, then support at $51, and then strong support at $44. Looking the other way, there is resistance at $62, the next resistance is at $65.5, and then there is strong resistance at $70. Only when the price breaks above this resistance will the path towards the next very strong resistance at $82 be opened.
by cryptodailyuk
ETH-USDT 12HInterval Chart ReviewHello everyone, let's take a look at the ETH to USDT chart on a 12-hour time frame. How can we see how the downtrend channel has been defined for us, in which we are at the lower border. Let's start by determining the support line and here you can see how the support at $2,823 has been broken and we are currently approaching the strong support at $2,626, while when we start going further, the next support is around $2,392. Looking the other way, there is resistance at $2,922, and then the price will again have to face the resistance zone from $3,098 to $3,225.
by cryptodailyuk
ETH-USDT 12HHello everyone, let's take a look at the ETH to USDT chart on the 12h time frame. As you can see, the price broke out of the falling triangle, which resulted in a strong downward price movement. Let's start by determining the support line, but here you can see how we are first in the support zone, but if we fall lower, the next support is at $2,823 and then we have strong support at $2,626. Looking the other way, we have visible resistance at $3,146, then strong resistance at $3,263, and then the price must overcome the strong resistance zone from $3,441 to $3,566.
by cryptodailyuk
MKR-USDT 4HHello everyone, I invite you to a quick review of MKR in pair with USDT on the 4H time frame. Let's start by discussing the movement, because we can see the upward exit from the local downtrend channel, which resulted in maintaining the upward trend line. Currently, you can see that the price is approaching a significant resistance level of $2,986, when it breaks above it, the next resistance is at $3,256, and then a very strong resistance at $3,446. However, if the current resistance rejects the price, we can see strong support at $2,688, further support at $2,419, and very strong support at $2,229.
by cryptodailyuk
MKR - USDT 12h IntervalHello everyone, let's take a look at the MKR to USDT chart on a 12h time frame. We can see here how the price has moved upwards from the downtrend line, maintaining the trend of the uptrend line, while currently we can see a movement in the local downtrend channel. After unfolding the fib retracement grid, you can see that the price is at the support level of $2,557, then it is visible at the support level of $2,269, and then there is strong support around the price of $1,781. Looking the other way, there is resistance at $2,793, the next one is at $3,278, and then there is a very strong resistance at $4,085.
by cryptodailyuk
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