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Trendbasedfib

DOT in the first strong support zoneDOT includes a strong correction in the USDT pair, the current level reaches 43% and indicates a return to the first entry zone into a potential LONG, further a second zone has been defined for price averaging. However, looking at the behavior of BTC, which may potentially make another attempt to reduce the price, one should exercise caution and common sense when opening new positions, because a return of the BTC price by another dozen or so percent may result in very strong declines in the price of altcoins.
Long
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ETH/USDT 4HInterval Chart ReviewHello everyone, let's take a look at the ETH to USDT chart on a 4-hour time frame. As we can see, the price broke out of the downtrend line, but after reaching the level of $3,701 at the golden fib point, we saw a quick recovery and the price is currently bouncing off the trend line. Let's start by determining the support line and as you can see, the price currently holds support at $3,472, if the support is broken, the next support is $3,313, then we have support at $3,199, and then a very strong support at $3,054. Now let's move on from the resistance line, as you can see, the level of $3,701 is again a strong resistance, when you manage to break out of it, the next resistance is around $3,870, and then at the level of $4,092. Looking at the RSI indicator, we can see that a downward trend line has formed, which may indicate that the price will go even lower. Additionally, when we look at the STOCH indicator, we can also see room for another attempt at recovery.
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BNB/USDT Targets and Stoploss 4HIntervalHello everyone, let's look at the 4H BNB to USDT chart as we can see that the price is back above the downtrend line. Let's start by setting goals for the near future that we can include: T1 = $615.7 T2 = $636.9 AND T3 = $663 Now let's move on to the stop-loss in case of further market declines: SL1 = $579.8 SL2 = $560.4 SL3 = $547.1 AND SL4 = $529 Looking at the RSI indicator, because there is an upward trend with room for further movement, while on the STOCH indicator we are approaching the upper limit, which affects the visible rebound movement.
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WIFUSDT 4HInterval Chart ReviewHello everyone, let's take a look at the 4H WIF to USDT chart as we can see that the price is recovering but still above the uptrend line. Let's start by setting goals for the near future that we can include: T1 = $4.17 T2 = $4.83 AND T3 = $5.91 Now let's move on to the stop-loss in case of further market declines: SL1 = $3.66 SL2 = $3.23 SL3 = $2.55 AND SL3 = $2.55 Looking at the RSI indicator, you can see that the local upward trend line has been broken with room for further recovery. However, the STOCH indicator also confirms a strong downward movement and there is also room for the price to go lower, which indicates extreme caution.
by cryptodailyuk
ADA/USDT 4hInterval Chart ReviewHello everyone, let's take a look at the 4H ADA to USDT chart as we can see that the price has broken out of the pattern trendline and is struggling to stay just below it. Let's start by setting goals for the near future that we can include: T1 = $0.69 T2 = $0.78 AND T3 = $0.93 Now let's move on to the stop-loss in case of further market declines: SL1 = $0.57 SL2 = $0.52 AND SL3 = $0.43 Looking at the RSI indicator, it looks like an upward break from the local downward trend line, while the STOCH indicator has room for further decline, which creates more and more room for a potential rebound.
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MATIC - will there be further increases?Altcoins with small capitalization (young/new) have already made huge increases in the bull market, and what about altcoins with larger capitalization? The boom doesn't apply to them? I present to you possible growth scenarios with potential key places for continued growth. The first scenario assumes increases after repeating the 1:1 black correction, i.e. wave 2 as wave 4. The condition is that the price will rise above 1.54usdt. The second scenario is a flat ABC correction, where the condition is that the price increases to the red zone without breaking the top of wave 1 and falls to the green zone as wave C, ending the correction, after which I assume increases. Regards.
MLong
by cryptodailyuk
BNB/USDT 4HInterval Chart ReviewHello everyone, let's look at the 4H BNB to USDT chart as we can see that the price is moving below the local uptrend line. Let's start by setting goals for the near future that we can include: T1 = $586 at which the price is struggling to maintain T2 = $615 T3 = $636 AND T4 = $663 Now let's move on to the stop-loss in case of further market declines: SL1 = $563 SL2 = $527 AND SL3 = $503 Looking at the RSI indicator, it indicates a potential change in direction, but with room to make another upward move. However, on the STOCH indicator we are moving above the upper limit, which causes the growth to slow down and a possible recovery.
by cryptodailyuk
DOT/USDT 1DInterval Chart ReviewHello everyone, let's look at the 1D DOT to USDT chart as we can see that the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can include: T1 = $9.67 T2 = $10.53 T3 = $11.89 AND T4 = $12.86 Now let's move on to the stop-loss in case of further market declines: SL1 = $8.22 SL2 = $7.23 AND SL3 = $5.97 Looking at the RSI indicator, you can see a movement below the downtrend line, but it is worth noting that it is at support. However, the STOCH indicator shows a movement at the lower limit, below the downward trend line, which may result in maintaining the price.
by cryptodailyuk
BTC/USDT 4HInterval CHart ReviewHello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As we can see, the price is struggling on the border of the uptrend line. Let's start by determining the support line and as you can see, the first support in the near future is $63,722, if the support is broken, the next support is $58,762, and then you can see strong support around the level of $50,603. Looking the other way, you can see how the price bounced off the resistance at $71,358, another significant resistance should appear from the last ATH to around $76,000, and then the third resistance is at $82,387. Looking at the RSI indicator, we can see that we are moving below the downward trend line and are currently bouncing off the support point, while the STOCH indicator still shows room for a potential downward move.
by cryptodailyuk
ETH/USDTHello everyone, let's look at the 1H ETH to USDT chart as we can see that the price is moving below the local uptrend line. Let's start by setting goals for the near future that we can include: T1 = $3,454 T2 = $3,603 T3 = $3,710 AND T4 = $3,845 Now let's move on to the stop loss in case of further market declines: SL1 = $3,189 SL2 = $3061 AND SL3 = $2,884 Looking at the RSI indicator, you can see how we remain low below the downward trend line, while the Stoch indicator approached its trend line, which may trigger a rebound again, it is worth watching whether the downward trend will be broken.
by cryptodailyuk
BTC/USDT 4HInterval Chart ReviewHello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price came out of the local upward trend line. Let's start by determining the support line and as you can see, the first support in the near future is $64,988, when the price comes out the bottom, the next one is at $63,198 and then at $60,780. Looking further, we can see two important support zones from $59,393 to $57,736 and the other from $55,543 to $53,976. Looking the other way, you can see resistance at the level of $68,928 and another one at $71,390, then the resistance zone from $73,225 to $75,642 is important, where the recently formed price peak is located, only when the price leaves it the top can move towards the resistance at level of $82,402. Looking at the RSI indicator, you can see the moment of breaking from the support line, while the STOCH indicator can be seen falling below the lower limit, which confirms the current decline.
by cryptodailyuk
PIXEL/USDT 4HInterval Potential LONGPixel is one of the stocks that have already responded correctly to the bullish analysis and once again presents a UP pattern. At the moment, I have marked the demand zones as yellow CII and CII. An additional advantage is that both zones result from different impulse correction structures and yet they converge in a similar space for a price around USD 0.65-0.75. At the same time, falling below USD 0.60 would negate both growth scenarios. Moreover, the maintenance of the BTC upward trend and the duration of the entire altseason strengthen the analysis.
Long
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LTC/USDT 8HInterval Chart ReviewHello everyone, let's look at the LTC to USDT chart taking into account the 8H time frame. As we can see, the price is moving above the local upward trend line. Going further, you can see the price fighting in a strong resistance zone from $102.33 to $115.12, when we break out of this zone, we can see an increase to the resistance level of $131.40. Looking the other way, you can see the first support at the level of $91.29, the next strong support is at the level of 77.73, and then it is worth defining the zone from $68.23 to $56, which previously held the price. Looking at the RSI indicator, we see that it is moving towards the upper limit, with room to make another upward move, but at this point it is worth being cautious before a potential rebound. However, the STOCH indicator bounces from the upper limit and subsequent raises result in a higher price movement.
by cryptodailyuk
BTC/USDT 8H Chart ReviewHello everyone, let's look at the 8H BTC to USDT chart, as we can see, the price has emerged from the triangle at the top and is currently moving along the established upward trend line. Let's start by setting goals for the near future that we can include: T1 = $71,112 T2 = $73,880 AND T3 = $77,415 Now let's move on to the stop-loss in case of further market declines: SL1 = $69085 SL2 = $67,523 SL3 = $64,892 AND SL4 = $63,056 Looking at the RSI indicator, it seems that the local upward trend has been broken, which indicates a transition to a downward trend, while on the STOCH indicator we are in recovery, but here a slight price movement brought the indicator to the middle of the range, which may later translate into a greater price rebound.
by cryptodailyuk
ETH/USDT 4HInterval ChartHello everyone, let's look at the 4H ETH to USDT chart, as we can see, the price cannot break through the uptrend line, remaining in the downtrend. Let's start by setting goals for the near future that we can include: T1 = $3,705 T2 = $4098 and T3 = $4734 Now let's move on to the stop loss in case of further market declines: SL1 = $3,354 SL2 = $2,902 AND SL3 = $2,581 Looking at the RSI and STOCH indicators, we can see an attempt at a deeper recovery, just as the BTC price is currently recovering.
by cryptodailyuk
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BNB/USDT 4HInterval Chart ReviewHello everyone, let's look at the 4H BNB to USDT chart, as we can see that the price is staying above the local downtrend line, but at the border of the uptrend line. Let's start by setting goals for the near future that we can include: T1 = $589 Next, there is a strong resistance zone from $613 to $646. After going up, we may see a price increase towards $739. Now let's move on to the stop loss in case of further market declines: SL1 = $542 SL2 = $506 SL3 = $468 to $417 zone AND SL4 = $417 Looking at the RSI indicator, you can see that it remains below the downtrend line and indicates a transition into a downtrend. However, the STOCH indicator is approaching the lower limit, but there is still room for a greater decline.
by cryptodailyuk
Will BTC maintain its price in the previous ATH zone?Hello everyone, I invite you to review the situation on BTC. As you can see, the price is struggling to maintain the level above the previous ATH, you should observe the behavior and be vigilant because just above a specific zone there is a very strong resistance level where the price should reach according to cyclicality. The RSI indicator and the STOCH indicator show that we are maintaining the movement above the upper limit, which could potentially result in a recovery that would provide a healthy correction and gather energy for new increases.
by cryptodailyuk
BTC/USDT 1HInterval Chart ReviewHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As we can see, the price has broken lower from the local upward trend line. Let's start by determining the support and, as you can see, first we have a visible support zone from $69,984 to $69,553, and then there is support at the level of $68,307. Looking the other way, we see the price rising above the first resistance level at $70,147, the next one is at $70,678, and then it is worth marking the resistance zone from $71,067 to $71,561. Looking at the volume indicator, you can see two green candles, but they are much weaker than the previous red candles, indicating a local downward trend. On the RSI indicator, we have approached the middle of the range, which still leaves room for a price decline.
by cryptodailyuk
Will BTC break through the first resistance zone?Hello everyone, let's take a look at the BTC to USDT chart on a 1 hour time frame. As you can see, the price has moved above the downward trend line. Let's start by determining support and as you can see, the first support in the near future is $68,540, in case of breaking the support, the next support is $67,089, and then it is worth defining the support zone from $64,856 to $64,576. Looking the other way, we can see how the price is fighting against the strong resistance zone from $69,660 to $71,064, and when it breaks above it, we can see another attack towards the ATH to the zone from $73,638 to $74,323. Looking at the RSI indicator, we can see how it goes beyond the upper limit in the one-hour interval, which may result in a deceleration of growth, also when we look at the STOCH indicator, we will see an exit from the upper limit, which may also cause a change in direction.
by cryptodailyuk
BNB?USDT 1HInterval Chart ReviewHello everyone, let's take a look at the 1H BNB to USDT chart, as we can see the zena is staying above the upward trend line, and locally we can see an upside exit from the triangle. Let's start by setting goals for the near future that we can include: T1 = $570.8 T2 = $592.50 T3 = $608.4 AND T4 = $627.6 Now let's move on to the stop-loss in case of further market declines: SL1 = $547.1 SL2 = $535.3 SL3 = $514.6 AND SL4 = $482.4 Looking at the RSI indicator, it can be seen that it has returned to the upward trend, with room for a possible continuation of growth. However, on the STOCH indicator we can see that it is approaching the upper limit, but it also has some room before recovery.
by cryptodailyuk
ETH/USDT 1HInterval Chart ReviewHello everyone, let's look at the 1H ETH to USDT chart, as we can see the price is approaching an attempt to break out of the triangle marked in yellow. Let's start by setting goals for the near future that we can include: T1 = $3,452 T2 = $3,576 T3 = $3,665 AND T4 = $3777 Now let's move on to the stop loss in case of further market declines: SL1 = $3,307 SL2 = $3227 SL3 = $3097 AND SL3 = $3097 Looking at the RSI indicator, we can see that it remains in an upward trend, while when we look at the STOCH indicator, it looks like a return to price correction is possible.
by cryptodailyuk
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