BTC RETURNS AROUND $ 21,000Hello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame as you can see the price is moving along the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 20,779, if the support breaks down, the next ones are $ 20168, $ 19,689 and $ 19,198.
Now let's move from the resistance line as you can see the first resistance is $ 21,151, if you can break it the next resistance will be $ 22,108 and $ 23,317.
Looking at the CHOP indicator, we can see that we have very little energy in the 1-day interval, while the MACD indicator shows that we have entered an upward trend.
1daychart
ETH came back above $ 1,000Hello everyone, let's take a look at the 1 day ETH to USDT chart as you can see the price is moving below the downtrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 877, if the support breaks down, the next one is $ 685.
Now let's move from the resistance line as you can see the first resistance is $ 1173, if you can break it the next resistance will be $ 1361, $ 1522, $ 1674 and $ 1892.
Looking at the CHOP indicator, we can see that there is very little energy in the 1-day interval, but the MACD indicator shows a local upward trend.
Will DOGE reverse the trend?Hello everyone, let's take a look at the DOGE to USDT chart on the 1 day timeframe as you can see the price is moving below the downtrend line.
Let's start with setting targets for the nearest future that we can take into account:
T1 = $ 0.05859
T2 = $ 0.06461
T3 = $ 0.06931
and
T4 = $ 0.0740
Now let's move on to the stop loss to keep in the event of further market declines:
SL1 = $ 0.05582
SL2 = $ 0.05441
SL3 = $ 0.05301
SL4 = $ 0.05118
and
SL5 = $ 0.04894
Looking at the CHOP indicator, we can see that in the 1-day interval the energy is slowly starting to bounce back, and the MACD indicator shows that we are in a downward trend, while the blue line is approaching the red one.
BTC rebounded from the first supportHello everyone, let's take a look at the BTC to USDT chart on the 1 day time frame, as you can see the price is still moving below the downtrend line.
Let's start with the line of support and as you can see the first support that has already bounced back once is $ 17,482, if the support breaks, the next ones are $ 11,754 and $ 8028.
Now let's move from the resistance line as you can see the first resistance is $ 21,101, if you can break it the next resistance will be $ 23,133, $ 24,912 and $ 26,605.
Looking at the CHOP indicator, we can see that there is no energy in the 1-day interval, and the MACD indicator confirms the downward trend.
BNB on the $ 200 borderHello everyone, let's take a look at the BNB to USDT chart on a 1 day time frame and as you can see the price is moving below the downtrend line.
Let's start with the designation of the support line and as you can see the first support where the price is currently at is $ 198, if the support breaks down, the next one is $ 173 and $ 145.
Now let's move from the resistance line as you can see the first resistance is $ 229, if you can break it the next resistance will be $ 250, $ 267 and $ 284.
Looking at the CHOP indicator, we can see that on the 1-day interval the energy slowly begins to spread and the MACD indicator shows a downward trend.
ETH below $ 1000Hello everyone, let's take a look at the ETH to USDT chart over the 1 day timeframe as you can see the price is moving below the downtrend line.
Let's start with the designation of the support line and as you can see the first support that has already bounced off $ 877, if the support is broken, the next one is $ 685
Now let's move from the resistance line as the first resistance is $ 1209, if you can break it the next resistance will be $ 1,361, $ 1,486, $ 1,614 and $ 1,791.
Looking at the CHOP indicator, we can see that energy has been used for the current 1-day decline, while the MACD indicator shows that we are in a downtrend.
BTC drops below the ATH from the previous bull marketHello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame as you can see the price is moving under the downtrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 17,506, if the support breaks down, the next one is $ 11,781 and $ 8,177.
Now let's move from the resistance line as you can see the first resistance is $ 22,064, if you can break it the next resistance will be $ 23,972, $ 25,668 and $ 27,258.
Looking at the CHOP indicator, we can see that on the 1-day interval, each energy recovery gives another price drop, and the MACD indicator shows a downward trend.
The BTC price remains above the ATH from the previous bull markeHello everyone, let's take a look at the BTC to USDT 1 day chart as you can see the price is moving below the downtrend line.
Let's start with the designation of the support line and as you can see the first support is $ 19,928 equals ATH from the previous bullish, if the support breaks down, the next one is $ 17,423.
Now let's move from the resistance line as you can see the first resistance is $ 22,999, if you can break it the next resistance will be $ 24,763, $ 26,243, $ 27,722 and $ 29,827.
Looking at the CHOP indicator, we can see that we have very little energy in the 1-day interval, and the MACD indicator shows that we are still in a downward trend.
ETH with the support ofHello everyone, let's take a look at the ETH to USDT chart on the 1 day time frame as you can see the price is moving below the downtrend line.
Let's start with the designation of the support line and as you can see the first support from which the price has already rebounded $ 1168, if the support is broken, the next one is $ 783
Now let's move from the resistance line as you can see the first resistance is $ 1,397, if you can break it the next resistance will be $ 1,543, $ 1,668, $ 1,784 and $ 1,954.
Looking at the CHOP indicator , we can see that the energy has been used for the current decline in the 1-day interval, while the MACD indicator shows that we are in a downward trend.
BTC IN THE AREA OF ATH FROM THE PREVIOUS BULL MARKETHello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame as you can see the price is moving below the downtrend line.
Let's start with the designation of the support line and as you can see the first support is $ 19,928 - ATH from the previous bullish, if the support breaks down, the next one is $ 17,397.
Now let's move from the resistance line as you can see the first resistance is $ 23,603, if you can break it the next resistance will be $ 25,210, $ 26,651, $ 27,980 and $ 29,975.
Looking at the CHOP indicator, we can see that the energy has been exhausted on the 1-day interval, and the MACD indicator shows that we are continuing the downward trend.
Dot as the whole market reacts with declinesHello everyone, let's take a look at the DOT to USDT chart on the 1 day time frame as you can see the price is moving under the downtrend line.
Let's start with the line of support and as you can see the first support is $ 7.08, if the support breaks down, the next one is $ 4.56.
Now let's move from the resistance line as you can see the first resistance is $ 7.68, if you can break it the next resistance will be $ 8.46, $ 9.12 and $ 9.79.
Looking at the CHOP indicator, we can see that the energy has been used on the 1-day interval, and the MACD indicator shows a downward trend.
ETH bounced off support on $ 1168Hello everyone, let's take a look at the ETH to USDT chart on the 1 day time frame as you can see the price is moving below the downtrend line.
Let's start with the designation of the support line and as you can see the first support from which the price has already rebounded $ 1168, if the support is broken, the next one is $ 783
Now let's move from the resistance line as you can see the first resistance is $ 1,397, if you can break it the next resistance will be $ 1,543, $ 1,668, $ 1,784 and $ 1,954.
Looking at the CHOP indicator, we can see that the energy has been used for the current decline in the 1-day interval, while the MACD indicator shows that we are in a downward trend.
BTC is close to ATH from the previous bull marketHello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, the price is moving below the downtrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 23,244, if the support breaks, then we have the place of the previous ATH, it is worth remembering that historically BTC never fell below ATH from the previous bull market.
Now let's move from the resistance line as you can see the first resistance is $ 24,821, if you can break it the next resistance will be $ 26,126, $ 27,268, $ 28,356 and $ 29,933.
Looking at the CHOP indicator, we can see that the energy has been used in the 1-day interval, while the MACD indicator indicates a downward trend.
BTC in the downtrendHello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame as you can see the price is moving under the downtrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 26,702, if the support breaks down, the next one is $ 23,042.
Now let's move from the resistance line as you can see the first resistance is $ 29,925, if you can break it the next resistance will be $ 31,862 and $ 33,413 and $ 35,049.
Looking at the CHOP indicator, we can see that there is still a lot of energy in the 1-day interval, while the MACD indicator shows a downward trend.
Will BTC continue its downward trend?Hello everyone, let's take a look at the BTC to USDT 1 day chart as you see the price is moving below the downtrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 27,902, if the support breaks down, the next one is $ 26,711 and $ 23,185.
Now let's move from the resistance line as you can see the first resistance is $ 29,856, if you can break it the next resistance will be $ 31,762, $ 33,429 and $ 34,954.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 1-day interval, while the MACD indicator shows that we have entered a downward trend.
BNB is fighting the resistance!Hello everyone, let's take a look at the BNB to USDT chart over the 1 day timeframe as you can see the price is moving above the local trendline.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 278, if the support breaks down, the next one is $ 264 and $ 244.
Now let's move from the resistance line, as you can see, the first resistance that price is currently struggling with is $ 289, if you can break it, the next resistance will be $ 298, $ 306, $ 313 and $ 324.
Looking at the CHOP indicator, we can see that we still have a lot of energy in the 1-day interval, while the MACD indicator shows that we are in a local downward trend.
BTC right on the support!Hello everyone, let's take a look at the BTC to USDT chart on the 1 day time frame as you can see the price is moving in the channel indicated.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 30,191, if the support breaks down, the next ones are $ 29,604 and $ 28,912 and $ 17,950.
Now let's move from the resistance line as you can see the first resistance is $ 30,448, if you can break it the next resistance will be $ 30,836, $ 31,207, $ 31,730 and $ 32,422.
Looking at the CHOP indicator, we can see that we still have a lot of energy in the 1-day interval, while the MACD indicator shows that despite the dynamic movements between $ 32,000 and $ 29,000, we are in the local upward trend.
ETH stays in the support zoneHello everyone, let's take a look at the ETH to USDT 1 day chart. As you can see, the price is moving below the downtrend line.
Let's start with determining the support line and as you can see the support that should be taken into account is the support zone from $ 1856 to $ 1694 in which the price is currently located.
Now let's move from the resistance line as you can see the first resistance is $ 2,153, if you can break it the next resistance will be $ 2,426 and $ 2,649.
Looking at the CHOP indicator, we can see that on the 1-day interval we have a lot of energy to make a move, while the MACD indicator shows an upward trend.
BTC price is based on support!Hello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support where the price is currently at is $ 29,519, if the support breaks down, the next is $ 28,833 and $ 27,866 and $ 26,650.
Now let's move from the resistance line as you can see the first resistance is $ 29799, if you can break it the next resistance will be $ 31764 and $ 33354 and $ 34944.
Looking at the CHOP indicator, we can see that on the 1-day interval we have a lot of energy to make the next move, while on the MACD indicator we see that the blue line is approaching the red one, if it crosses the red one from above, it can potentially give a local downward trend.
Massive falling wedge/h&s on bitcoin. Which way is more likely?We can see that bitcoin is inside a massive falling wedge on the daily chart, and like usual with most bullish falling wedge patterns there also hides within it a bearish head and shoulder pattern as well. I have charted the breakdown target for the head and shoulder pattern as well as the breakout target for the falling wedge here and it’s pretty obvious to me which outcome seems more realistic. Though ultimately the break up from the falling wedge seems the most realistic, price action could certainly do a fakeout breakdown and dip below the neckline of the h&s (aka the bottom trendline of the wedge) before actually slingshotting upwards to break up from the wedge. I see any such move as that as a buying opportunity. *not financial advice*
GMT is based on 1 stop lossHello everyone, let's take a look at the GMT to USDT chart over the 1 day timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with determining the stop loss that we should take into account in the coming days. As you can see, we have a fixed 3 stoploss:
SL1 - $ 0.997 where the price is currently located.
SL2 - $ 0.907
and
SL3 - $ 0.798
Now let's move on to the targets that we can take into account, as you can see the targets are at the price:
T1 - $ 1,027,
T2 - $ 1,165,
and
T3 - $ 1,279
Looking at the CHOP indicator, we can see that in the 1-day interval we still have some energy for further moves, and the MACD indicator shows that we are following the local upward trend.
BTC a lot of energy in the 1D intervalHello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 29,288, if the support breaks down, the next one is $ 28,405.
Now let's move from the resistance line as you can see the first resistance is $ 30,029, if you can break it the next resistance will be $ 30,484 and $ 30,848, $ 31,186 and $ 31,745.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 1-day interval, while the MACD indicator shows that we are in a local upward trend.