SOL/USDT Review Long-TermHello everyone, I invite you to review the SOL chart, taking into account the one-day interval. As we can see, the price has moved up from the sideways trend channel, and is currently testing the maintenance of increases, at this point it is also worth using the yellow line to mark the local uptrend line along which the price moves.
In order to determine the current support spots when SOL starts a correction, we will use the Fib Retracement tool and we can see that the first significant support is at $22.91, then we have a second support at $20.04, then a strong support zone from $17.31 to $13.24
Looking the other way, we can similarly determine the places of resistance that the price has to face. However, here it is worth noting that the price is struggling to stay above the resistance at $ 26.99, which is located at the golden point fib. then we have a strong resistance at $32.24 where the price turned around and a third resistance is at $38.71.
We will now mark the place where the price moved decisively above the EMA Cross 200, which gave a strong confirmation of the transition to an uptrend.
The CHOP index indicates that the energy has been used, the MACD indicates that the uptrend is maintained, while the RSI crossed the upper limit of the range, which gave the price a pullback, but we should still see a rebound after such a large increase.
1daychart
Inv h&s on XLMUSD points to a .147 - .15 targetYou can see here on the 1 day chart xlmusd has formed an inverse head and shoulder pattern with it only just recently rounding out the 2nd shoulder and returning now back to the neckline. As always I must wait for a breakout confirmation above the neckline and some confirmation from volume before basing my buys off of this but I anticipate it will likely confirm in the not so distant future considering the recent move by coinbase to use stellar for USDC. I’m hoping to get a retracement too before a full breakout above the neckline in which case I will try to wisely piece meal buys on the dip. I have placed an arbitrary dotted measured move line where I think a potential breakout could occur in which case the target is somewhere aroun 14-15 cents. *not financial advice*
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.
SOL/USDT 1D Review resistance and supportHello everyone, I invite you to review the SOL 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.
Going further, we can move on to marking support areas when the price starts a correction. And here the first strong support is at $19.91, then we have a very strong support zone from $17.66 to $15.39 and then support at $12.17.
Looking the other way, we see that the price has reached an important resistance zone from $ 21.69 to $ 24.06, which so far has no strength to break. However, if it manages to break above the resistance zone, the next resistance will appear at the price of $27.15.
Please take a look at the CHOP index, we see that most of the energy has been used in the current uptrend, the MACD confirms the ongoing uptrend, while the RSI has a clear uptrend which could give the price a correction in the coming time.
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.
ETH/USDT Long-Term Review 1DIntervalHello everyone, I invite you to review the chart of ETH in pair to USDT, taking into account the one-day interval. Using the yellow line, we will mark the uptrend line, which, as we can see, holds the price nicely in corrections.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark support, and here in the first place it is worth marking the support zone from $ 1845 to $ 1662, however, when the price drops below, we can see a return to a very strong support zone from $ 1363 to $ 1150.
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 the price of $2237, before which the price once again turned back, the next resistance is at the price of $2552, and then the third resistance at the price of $3007.
When we turn on the EMA Cross 50 and 200, we can see the place of transition into a strong uptrend and how far the price stays in this trend.
The CHOP index indicates that we have a lot of energy to use. The MACD indicator is in an uptrend. On the other hand, we have a rebound on the RSI, however, looking at the fact that we are in the upper part of the range, the price may go down to a lower level.
LTCUSD has formed a higher 2nd inv h&s necklineWhich of course adds a second even higher breakout target than the 1st one. It just recently retested the line as support and has been bouncing up from the retest which is what I’ve been waiting for to ensure the neckline was a legitimate one. It’s breakout target is the green one. At $106 *not financial advice*
SasanSeifi 💁♂️DOGEUSDT👉1D 0.064/ 0.060 ?🤔 let's see 🔻HI TRADERS ✌
As you can see, after the price drop from the supply area, it is currently fluctuating slightly in the range of 0.076. The scenario that we can consider is if the price penetrates below the 0.071 range and stabilizes in the daily time frame. The possibility of further correction up to 0.064 and the OB range of 0.060 can be considered and then grow from the specified ranges.
We have to see how the price will react to the important range of 0.081 / 0.082, otherwise, if the range of 0.071 is maintained and the price penetrates above the range of 0.082, we may see a positive fluctuation and The desired correction scenario will be fielded.
In my opinion, the best entry point for buying could be the ranges of 0.067 / 0.064 / 0.060 in case of confirmation for buying.
❎ (DYOR)...⚠⚜
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BTC.D Review 1DayIntervalHello everyone, I invite you to review the situation of BTC Dominance over the rest of the cryptocurrency market. At the beginning, we will use the blue lines to mark the downtrend channel, which after several attempts was able to exit upwards.
Now, using the trend based fib extension tool, we can determine the places where dominance should encounter resistance. And here we see that we are facing a very strong resistance at 53.99%, but when it is overcome we can see a rapid increase to around 63.33%, which will give BTC a significant advantage over the rest of the market.
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 48.19% to $ 47.04, but when we fall below this zone, we can see a decrease to around 45.92%, and then to the second support zone from 44.27% by 42 .17%.
Please pay attention to the CHOP index which indicates that most of the energy has been used, the MACD indicator confirms a strong uptrend, while on the RSI we crossed the upper limits of the range, which should give a moment of recovery or at least a temporary sideways trend with small pullbacks.
MATIC 1D Interval ReviewThe last one in today's chart is the MATIC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range.
Moving on, we can move on to marking support areas when the price returns to a correction. And here the first very strong support that has kept the price so far is at $ 0.58, but if we fall lower, the next support is at $ 0.31.
Looking the other way, we see that the price has to face the $0.76 resistance, only when it breaks it will move towards the $0.91 resistance and then towards the very strong $1.04 to $1,16 resistance zone.
Please look at the CHOP index, which indicates that we have more and more energy, the MACD indicates a downtrend, while the RSI shows that a small price increase gives a strong movement on the indicator, which can quickly limit the room for further increases, in the coming hours we can see further growth.
SOL !DInterval ReviewHello everyone, I invite you to review the SOL chart in pair to USDT, as before, using a one-day interval. First, we will use the blue lines to mark the downtrend channel in which the price is currently moving.
Moving on, we can move on to marking support areas when we start a larger correction. And here the first one that currently holds the price is $13.34, then we have a second very strong support at $12.09, and then a third very strong support at $7.99.
Looking the other way, we see that the price has hit the first resistance at $16.19, if we manage to break above that resistance, then we have a second resistance at $18.22 and then a very strong resistance zone from $19.95 to $21.62, only when the price breaks it will move towards the resistance at $24.08.
Please look at the CHOP index, which indicates that we may see some major movement, the MACD is on the verge of returning to an uptrend, while the RSI has a slight increase, but we are still at the lower end of the range, which gives a lot of room for the price to go up.
ETH/USDT 1Dinterval Resistance and SupportHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a one-day interval. Here, however, we will first mark the place of the current price, which remains on the EMA Cross 200 line, after the price dived, it quickly returned to the level of the EMA Cross 200, but for the moment it did not return to the uptrend above the line. Now, using the blue lines, we can mark the downtrend channel in which the price moves similarly to the previously presented BTC.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and as you can see, we have the first very strong support at $1663, but if the price falls below our golden Fib point, then the second support is at $1529, and then we have the third very strong support at $1364.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we see that the price is fighting with the resistance at $1747, going further you can mark the zone where the price has been moving for a long time from $1820 to $1883, only when it breaks it will move towards the resistance at $1946, then the fourth resistance at $2035 $, and then a fifth resistance at $2145.
The CHOP index indicates that most of the energy has been used. The MACD indicator remains in a downtrend, while the RSI is moving in the lower part of the range, which can give a positive place for the upcoming price increase.
BTC 1D Intervval Review Hello 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 in which the BTC price is moving, what's more, we can see that we are in the upper part of the designated channel.
Now we can move on to marking the places of support in case of returning to the correction. And here the first significant support is at $25305 which held the price from falling further, however when the price goes lower, the second support is at $23926 at the so-called gold point of 0.618 FIB, then we have a third very strong support at $22017.
Looking the other way, in a similar way, using the fib retracement tool, we can determine the places of resistance. First, we will mark the resistance zone from $26,288 to $27,177 where the price is currently located, when we manage to break it, we have a second zone from $27,933 to $28,651. Once these two zones are broken we will move towards resistance at $29672 and then price will attempt to attack the resistance at $31014.
It is further worth mentioning that the price briefly fell below the EMA Cross 200, but very quickly returned above the moving average 200, which maintained a long-term uptrend.
Please pay attention to the CHOP index which indicates that we have a lot of energy for the upcoming move, the MACD indicator indicates the transition to an uptrend, while the RSI is moving around the middle of the range, which may indicate that the price will try to attack the upper border of the current resistance zone.
ADA/USDT ChartReviewHello everyone, I invite you to review the ADA chart in pair to USDT, on a one-day interval. First of all, we will use the blue lines to mark the uptrend channel from which the price has gone down and we are currently moving below the downtrend line. As we can see, the exit from the channel resulted in a decrease in price, similar to the size of the channel itself.
Moving on, we can move on to marking support areas when we start a larger correction. And here we see that the price is currently holding a strong support zone from $0.28 to $0.23, however, if the support does not hold the price, we can see the price drop quickly to the next support at $0.10.
Looking the other way, we see that the first resistance is at $0.31, when the price breaks it, the second resistance will be at $0.34, then we have a strong resistance zone from $0.37 to $0.40, only when price breaks it, it will move towards the resistance at $0.46 for it to continue rising.
Please look at the CHOP index, which indicates that we have touched the end of the range and now we can see the price turnaround, the MACD indicates that we are in a downtrend, while the RSI has a large rebound below the lower limit of the range, which in combination with the CHOP index can give room for growth prices.
XRP/USDT 1DInterval ReviewI invite you to review the XRP chart this time taking into account the one-day interval. As we can see, the price has moved down from the uptrend line.
Now let's move on to marking the support places for the price and we see that the first very strong support that currently holds the price is at $0.45, however, if the price goes lower, the next support is at $0.42, and then the third support 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 first resistance at $0.49, then second resistance at $0.51, third resistance at $0.53, then fourth very strong resistance at $0.55.
The CHOP index indicates that we have a lot of energy for the upcoming move, the MACD indicates a return to the downtrend, while the RSI shows a rebound to the lower part of the range, which creates room for future increases.
DOT/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the DOT chart in pair to USDT, on a one-day interval. First, we will mark two places where the price tried to break out of the EMA Cross 200 line upwards, unfortunately, both attempts ended in failure.
Further, using the yellow line, we will mark the uptrend line from which the price broke out at the bottom, we are currently moving in the downtrend channel since the beginning of the last correction.
Moving on, we can move on to marking the support spots, as we can see a strong correction caused the price to drop down to a very strong support at $4.22, in a situation where the current support did not hold the price, we could see a strong drop to around $2.
Looking the other way, we see that the price has turned around and is heading towards the $5.07 to $5.61 resistance zone. If I manage to break the first zone, I will move towards the second stronger zone from $6.06 to $6.49 and then towards resistance at $7.13.
Please look at the CHOP index, which indicates that the energy has been used, the MACD indicates that despite the current increase, we are moving in a downward trend, while the RSI, after a strong rebound, we can observe the beginning of an increase.
BNB/USDT Is this the end of the current correction?Hello everyone, I invite you to review the BNB chart in pair to USDT, taking into account the one-day interval. As we can see, the price has broken out of the uptrend line. We also see that we moved the EMA Cross 200 for a while, however, after breaking this strong support, we received a strong drop in price, down to a very strong 0.786 Fib support at $222.8. Should the current support fail to hold the price, we will be able to see the price drop further around the $184.6 support.
Looking the other way, we can similarly identify the resistance points that the price has to face. And here we can see that we have now hit the first resistance at $248.8 which for now bnb has no strength to break through then we have the second resistance at $288.6 the next resistance at $322.1 then the fourth resistance very strong resistance at $354.3.
The CHOP index indicates that the energy has been used up and is slowly increasing, the MACD indicates a continuation of the downtrend, but with a visible flattening after the last decline, while the RSI recorded a strong rebound that definitely broke the lower limit of the range and now we see a return to this limit and a large scope for future price increases.
2 bullish targets for kava in the short to medium termA bull flag and also an inverse Bart from a bear flag. Price action may find resistance temporarily at the 200 ma(in blue), but if so watch for the 50 ma (in orange) to maintain support to increase probability that price will overcome the 200ma and continue towards the breakout targets. *not financial advice*
LTC/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the LTC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the downtrend channel where the price is moving in the lower range, while inside the channel we can mark the local downtrend line under which the price is located.
Moving on, we can move on to marking support areas when the current correction begins to deepen. And here the price is in front of a very strong support at $75.55, but if the support is broken then the next support is at $69.44.
Looking the other way, we see first resistance at $78.88, second resistance at $82.11, then third resistance at $84.88, then we have a very strong resistance zone from $87.48 to $91, $21.
At this point, it is worth noting that the current price drop caused the price to drop below the EMA Cross 200 line, which indicates a return to a strong downtrend.
Please look at the CHOP index, which indicates that the energy has been used, the MACD confirms the current downtrend, while the RSI has a rebound to the lower end of the range, which may indicate the imminent end of the correction and the upcoming increase.
Daily BTC 1DChart - resistance and supportHello 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 in which the BTC price is moving. Further, we can see that the price bounces in a place just before the EMA Cross 200 line, which indicates the continuation of the long-term uptrend.
Now we can move on to marking support areas in case of deepening correction. And here we first have support at $24868, but when the price goes lower we have very strong support at $24049, then third support at $23361 and fourth support at $22672.
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 significant resistance will appear at the price of $28069, then the second resistance at the price of $29725, the third resistance at the price of $31102, only when the price breaks it will move towards the resistance at $32441.
Please pay attention to the CHOP index which indicates that we have a lot of energy for the next price movements, the MACD indicator indicates a downward trend, while the RSI shows a visible rebound, but there is still room for the price to go down to lower levels in the coming days.
FTM/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the FTM chart also on a one-day interval. At the beginning, with the help of yellow lines, we will mark the downtrend channel in which the price is moving at its lower limit.
As we can see the price has fallen below the EMA Cross 200 line, the place where the price falls below this line is a confirmation of going into a strong downtrend, as in this situation.
Now let's move on to marking the support points for the price in a situation where the correction will continue to deepen and we see that the price is in front of a very strong support at $0.26, however, if the support is broken, we can see a drop to the next support at 0, $17.
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 significant resistance is at $0.37, then we have second resistance at $0.42, then there is a strong resistance zone from $0.46 to $0.50.
The CHOP index indicates that the energy is slowly gathering strength, the MACD remains in a downward trend but is close to a trend change, while the RSI has been moving at the lower end of the range for some time, which may indicate the approaching end of the current correction in the coming days.
ADA/USDT 1DInterval Resistance and SupportHello everyone, let's look at the ADA vs USDT chart on a single day timeframe. As you can see, the price is moving below 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 $0.30, if the support is broken then we can see a strong drop in the price around $0.21.
Now let's move to the resistance line, as you can see the first resistance is $0.34, if you break it, the next resistance will be $0.36, then you have a resistance zone of $0.38 to $0.39, then resistance at 0 $42.
Looking at the CHOP indicator, we see that the energy has been used, the MACD indicates that we are in a downtrend, while the RSI has crossed the lower limit of the range, which could potentially result in an uptrend reversal.
Daily BTC 1DChart - resistance and supportHello 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 uptrend line that the price is moving at the moment. Locally, we can mark the downtrend channel with blue lines.
Now we can move on to marking the places of support in case of returning to the correction. And here we see that the first support is at $26480 which the price is currently based on, then we have the first strong support at $25261 which held the price in the recent rebound, then the third support at $24023 and then the very strong support at $24023 $22,350.
Looking the other way, in a similar way, using the fib retracement tool, we can determine the places of resistance. First, we will mark a very strong resistance zone from $28665 to $29463, only when the price breaks it will we move towards the resistance at $30502, and then when the price breaks it, it will open the way towards the resistance at $33426.
Please note the CHOP index which indicates that there is still a lot of energy for the upcoming moves, the MACD indicator indicates a return to the downtrend, while the RSI is moving in the lower part of the range, but with room for the price to go a little lower.