MATIC/USDT 4HInterval Resistance and SupportHello everyone, let's look at the MATIC to USDT chart on a 4-hour timeframe. As you can see, the price is moving in the local uptrend channel.
Let's start with the support line and as you can see the first support in the near future is the zone from $1.12 to $1.11, if the support is broken then the next support is $1.09 and $1.05.
Now let's move on to the resistance line, as you can see the first resistance is $1.13, if you manage to break it, then we have a resistance zone from $1.15 to $1.16, then support at $1.17 and $1.19.
Looking at the CHOP indicator, we see that the energy is growing strongly, the MACD indicates a local downtrend, while the RSI has a significant rebound, which creates room for the next increase.
Trendbasedfib
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price is moving in the local uptrend channel.
Let's start with the support line and as you can see the first support in the near future is $1903, if the support is broken then the next support is $1878, the third is $1858 and then we have a strong support zone from $1838 to $1809.
Now let's move on to the resistance line, as you can see the first resistance is $1954, if you break it the next resistance will be $1992, $2022 and $2052.
Looking at the CHOP indicator, we see that the energy on the short interval has been used up, the MACD indicates a local uptrend, while the RSI has crossed the upper limit, which may give the price a rebound.
Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price has bounced off the local downtrend line.
Let's start with determining the support line and as you can see, it is worth marking the support zone from $27993 to $27710 first, if the support is broken then the next support is $27481, $27260 and $26929.
Now let's move to the resistance line, and here too we can mark the resistance zone from $28275 to $28593, if you manage to break it, the next resistance will be $28911 and $29357.
Looking at the CHOP indicator, we see that we have a lot of energy to move further, the MACD is on the verge of returning to an uptrend, while the RSI is in the middle of the range and we can expect a small price rebound.
BNB/USDT 4HInterval ShortTerm Resistance and SupportHello everyone, let's look at the BNB to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $309, if the support is broken then the next support is $306.1 and $302.1.
Now let's move to the resistance line, first we have a resistance zone from $312.3 to $314.4, then a second resistance zone from $316.2 to $317.9, a third resistance at $320.5, then a fourth resistance at $323.6.
Looking at the CHOP indicator, we see that the energy is starting to rise, the MACD confirms the local downtrend, while the RSI is moving in the lower part of the range, which may indicate an upcoming price increase.
Daily ETH 4HChart - resistance and support SHORTTERMHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price has fallen below the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $1782, if the support is broken then the next support is $1762, $1741 and $1713.
Now let's move on to the resistance line, as you can see the first resistance is $1823, if you manage to break it, the next resistance will be $1846, $1865 and $1885.
Looking at the CHOP indicator, we see that there is energy to continue the move, MACD confirms the local downtrend, while the RSI shows a rebound, which positively creates room for a future price increase.
Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has moved out of the local downtrend channel.
Let's start with the support line and as you can see the first support in the near future is $28187, if the support is broken then the next support is $27996, $27792 and $27517.
Now let's move on to the resistance line, as you can see the first resistance is $28525, if you manage to break it, the next resistance will be $28716, $28874, $29029 and $29253.
Looking at the CHOP indicator, we see that we have a lot of energy to move, MACD is on the verge of returning to a downtrend, while the RSI is moving in the upper part, which may affect the price's slight rebound.
Daily BNB 4HChart - resistance and supportHello everyone, let's look at the BNB 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 $315.3, if the support is broken then the next support is $311.8, $308.9 and $306.2.
Now let's move on to the resistance line, as you can see the first resistance the price is currently fighting is $319.2, if it holds, the next resistance will be $320.9, then $323.5 and $326.7.
Looking at the CHOP indicator, we see that there is a lot of energy for a move, MACD indicates a local uptrend, while the RSI, despite a small increase, still has room for an upward move.
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price has broken out of the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $1765, if the support is broken then the next support is $1745, $1725 and then $1696.
Now let's move to the resistance line, as you can see the first resistance is $1800, if it breaks through, the next resistance will be $1822, the third resistance will be $1839 and the fourth will be $1856.
Looking at the CHOP indicator, we see that we have a lot of energy, the MACD is on the verge of returning to a downtrend, while the RSI has a rebound, but with room for a deeper correction.
Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price has broken above the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $28114, if the support is broken then the next support is $27771, $27499 and $27227.
Now let's move on to the resistance line, as you can see the first resistance is $28745, if you manage to break it, the next resistance will be $29061, $29306 and $29551.
Looking at the CHOP indicator, we see that there is some energy left for further movement, the MACD indicates a return to the local uptrend, while the RSI shows a strong increase, although there is some room, it is worth being careful.
Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $26819, if the support is broken then the next support is $26566, $26372 and $26164.
Now let's move on to the resistance line, as you can see first we have a resistance zone from $27120 to $27256, if we manage to break it the next resistance will be $27467, then $27730 and we can see a quick return to $28462.
Looking at the CHOP indicator, we see that the energy is slowly gathering strength, the MACD indicates a local downtrend, while the RSI after rebounding fell to the lower part, which creates room for future increases.
BNB/USDT 4HInterval Resistance and SupportI invite you to review the BNB chart on a four-hour interval. First, we will use the blue lines to mark the downtrend channel in which the price is currently moving.
Let's start by marking the support places for the price and we can see that the price is currently struggling to stay on the support at the so-called golden point of Fib 0.618, but if the price drops lower, we have the next support at $305.8, then at $301.8.
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 to go through the strong resistance zone from $317 to $323 first. We continue to have strong resistance at $327.3, once the price breaks it it will move towards the resistance at $337.4.
The CHOP index indicates that most of the energy has been used in the current correction, the MACD indicates the entry into a local downtrend, while the RSI has a large rebound and we can see that we are approaching the lower limit, which may slow down the price correction.
Daily ETH 1DChart - resistance and supportHello 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 that the price has left sideways, while currently we can see that we are moving in the downtrend triangle marked with blue lines.
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 have the first support zone from $ 1673 to $ 1629, the second support at the price of $ 1567, and the third significant support at the level of $ 1486.
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 also mark as the first resistance zone from $1803 to $1873, when we manage to break out of it up, the next resistance is at $1931, and then the third resistance at $1992.
The CHOP index indicates that we have a lot of energy for the upcoming moves. The MACD indicator indicates a return to the downtrend. On the other hand, we see a rebound on the RSI, and we are staying below the downtrend line, which may indicate a deepening of the correction.
Daily BTC 1DChart - resistance and supportHello everyone, I invite you to every Monday's cryptocurrency review. Let's start by checking the current situation on the BTC pair to USDT, taking into account the one-day interval. First, we will use the yellow line to mark the uptrend line, from which the price went down. However, locally, we can mark the triangle in which we are currently with the help of blue lines, and here we can see that we are on the border of the bottom exit.
Now we can move on to marking the places of support in the event of a correction. And here we have the first support at the triangle exit at $26,592, then it is worth marking the support zone from $25,272 to $24,216, however, when we fall below this zone, we can see a drop to around $23,072.
Looking the other way, this time using the trend based fib extension tool, we can determine the places of resistance. And here we see that the first resistance is at $28,880, the second resistance is at $30,253, and the third resistance is at $31,362.
It is worth paying attention to the volume, which, despite the co-erect, we see that it is much smaller in recent days.
Please pay attention to the CHOP index, which indicates that we have a lot of collected energy, the MACD indicator is on the verge of returning to a downward trend, while the RSI shows a rebound, but there is room for a deeper correction, so be careful.
Daily ETH 4HChart - resistance and supportHello 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 downtrend line.
Let's start with the support line and as you can see the first support in the near future is $1768, if the support is broken then the next support is $1746, $1730 and $1713.
Now let's move on to the resistance line, as you can see the first resistance is $1804, if you manage to break it, the next resistance will be $1829 and $1861.
Looking at the CHOP indicator, we see that the energy is rising, the MACD indicates entering a local uptrend, while the RSI, despite the increase, we see that there is still room for continuation of the current move.
Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $27350, which currently held the price, if the support is broken then the next support is $26970, and then at the price of $26478.
Now let's go to the resistance line, as you can see the first resistance is $27502, if we manage to break it, the next resistance will be $27821, the third resistance will be $28065 and the fourth resistance is at $28323.
Looking at the CHOP indicator, we see that there is still some energy left for the move, the MACD confirms the ongoing downward trend, while the RSI has a further rebound, which will create room for new increases in the longer term.
BNB/USDT 4HInterval Resistance and SupportAs the third, we will check the BNB chart on a four-hour interval. As we can see, the price is moving in the local downtrend channel marked with blue lines.
Let's start by marking the support spots for the price and we see that we first have support at $317.6, but if the price goes lower, we have another support at $313.7 and then at $308.5.
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 $320.7, then we have resistance at $323.2, then we can mark a strong resistance zone from $325 to $330, and then resistance at $333.
The CHOP index indicates that we have a lot of energy to move, MACD indicates the entry into a local downtrend, while the RSI shows a significant rebound, which creates room for future increases.
Daily BTC 4HChart - resistance and supportAs the second chart in today's review, we'll be looking at BTC vs USDT, given a four-hour time frame. First of all, using the blue lines, we can mark the uptrend channel from which the price went down.
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 have the first support at $27,710, the second support at $27,451, the third at $27,069, and then the fourth support at $26,581.
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 resistance at $27974, the next resistance at $28295, then the third resistance at $28544 and the fourth at $28793.
The CHOP index indicates that there is plenty of energy for the next move. The MACD indicator indicates a local downtrend. On the other hand, we see a rebound on the RSI, which positively makes room for new increases.
Daily BTC ShortTerm 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 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 in the near future is $28466, if the support is broken then the next support is $28302, $28151 and 28009 .
Now let's move on to the resistance line, as you can see the first resistance the price is currently fighting is $28623, if it manages to break it, the next resistance will be $28815 and $29056.
Looking at the CHOP indicator, we see that there is a lot of energy for the move, the MACD is close to returning to the local uptrend, however, the RSI is approaching the upper limit, which in the coming time may lead to another price rebound.
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price has definitely broken the local downtrend line.
Let's start with setting the support line and as you can see the first support in the near future is $1806 at which the price currently stopped, if the support is broken then the next support is $1788, $1774 and $1759.
Now let's move to the resistance line, as you can see the first resistance is $1834, if you manage to break it, the next resistance will be $1852, $1866 and $1880.
Looking at the CHOP indicator, we see that we have a lot of energy to move further, the MACD is close to entering the local uptrend, while the RSI is moving at the upper part of the range, which may slow down the growth.
DOT/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the DOT chart in pair to USDT, on a four-hour interval. First, we will use the yellow line to mark the uptrend line from which the price has gone down, then with the blue lines we will mark the downtrend channel in which the price is moving in the lower range.
Going further, we can move on to marking support areas in a situation where the correction will deepen. Currently, the DOT price has fallen below the strong support at 0.618 FIB and now the first support is at $6.09 and the second support is at $5.92.
Looking the other way, we will start by marking a strong resistance zone from $6.37 to $6.51, when the price goes up from this zone, the next resistance is at $6.62, the third at $6.73, and then the fourth at $6.89.
At this point, it is worth looking at the EMA Cross 10 and 30, as we can see the red EMA Cross 10 curves, while when it crosses the green EMA Cross 30 from above, it will give us confirmation of the return to the downtrend.
As you can see on the CHOP index, we have a lot of energy for further moves, MACD confirms the ongoing local downtrend, while on the RSI we have a rebound and we have gone to the lower part of the range, which gives us room for new increases.
Daily BTC 1HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 1-hour time frame. As you can see, the price is moving in the triangle marked with yellow lines.
Let's start with the support line and as you can see the first support in the near future is $27857, if the support is broken then the next support is $27710, $27503 and $27233.
Now let's move on to the resistance line, as you can see first we have a resistance zone from $28025 to $28225, if we manage to break it the next resistance will be $28379, $28540 and $28770.
Looking at the CHOP indicator, we can see that we still have the energy to move, the MACD indicates a transition to a local downtrend, while the RSI is moving around the middle of the range, which makes it difficult to clearly choose the direction.
SOL/USDT 4HInterval Resistance and SupportHello everyone, let's look at the SOL 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 determining the support and here we can first mark the support zone from $21.64 to $21.23, if the support is broken then the next support is $20.85, then $20.28 and $19.54.
Now let's move to the resistance line, as you can see we first have a resistance zone from $22.06 to $22.68, if we break it, the next resistance will be $23.18, $23.68 and $24.40.
Looking at the CHOP indicator, we see that we have more and more energy, the MACD indicates a local downtrend, while the RSI is rebounding, which may give room for new increases.
Daily ETH 1DChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on a single day time frame. As you can see, the price is moving above the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $1755, if the support is broken then we still have a support zone from $1699 to $1655, while further support is at $1609 and $1548.
Looking the other way, we see that the price has hit a very important resistance at $1821 at 1.618Fib, when it breaks it and positively tests it will move towards the $2100 resistance.
Looking at the CHOP indicator, we see that the energy has been used, the MACD indicates a local uptrend, while the RSI is approaching the upper limit, which may give the price a rebound.
