MATIC/USDT Update 4HInterval ReviewHello everyone, I invite you to review the MATIC chart in pair to USDT. First of all, we will use the orange line to mark the downtrend line from which the price went up, while currently we see that the price has fallen below the yellow uptrend line.
Moving on, we can move on to marking support areas when we start a larger correction. And here we will first mark the support zone with the price from $0.69 to $0.65, then we have support at $0.58, and then another strong support at $0.50.
Looking the other way, we see that the price bounces from the beginning of the $0.73 resistance zone to $0.79, only when it breaks above this zone will it go towards the resistance at $0.87 and then towards the strong resistance at $0.97.
Please look at the CHOP index, which indicates that there is still some energy to continue the move, the RSI shows that we are in the process of rebounding and we still haven't touched the lower limit which may give the price a further rebound, while the STOCH indicator also shows that we are in a downtrend .
4hrchart
BTCUSDT 4H Review!Hello 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.
When we unfold the trend based fib extension grid, we see that the first support is at $29232, then we have strong support at $29148 and the third at $29042.
Looking the other way, the first resistance the price is below is $29292, then the second resistance at $29360, the third at $29415 and then we have a strong resistance zone from $29472 to $29550.
The CHOP index indicates that there is energy for a move, the RSI is near the middle of the range, and the STOCH index indicates that downward movements are stronger, which may pull the price lower.
ETH/USDT 4H Interval ReviewHello everyone, let's look at the ETH to USDT chart on the 4-hour timeframe. As you can see, the price is staying below the local downtrend line.
When we unfold the Fib Retracement grid, we see that the price is in a strong support zone at $1902 to $1868, however as we move lower the next support is at $1823.
Looking the other way, we will similarly mark the resistance points for the price and here the first resistance is at $1932, then we have a strong resistance zone from $1970 to $1997, then resistance at $2030
The CHOP index indicates that there is still some energy left for the continuation of the move, MACD indicates a return to the local downtrend, and the RSI is moving in the lower limit, but with room for the price to go a little lower.
LTC/USDT Review 4H Hello everyone, I invite you to review the chart of LTC in pair to USDT. Let's start by marking the local downtrend line with a yellow line as we can see the price is about to try to break this line.
Moving on, we can move on to marking support areas when we start a larger correction. However, here we see that the price is at the upper border of the $93 to $87 strong support zone, when the price falls below this zone, the next support is at $80.
Looking the other way, we can mark the first support at $98.99, then we have a strong resistance zone from $105 to $109, only after an upward exit from this zone, the price will move towards resistance at $114.87.
When we turn on the EMA Cross 50 and 200, we can see that the price is moving just below the EMA Cross 200 and is close to an uptrend, which would indicate a return to the uptrend.
The CHOP index, which indicates that we have a lot of energy for the upcoming move, the MACD remains in the local uptrend, while the RSI has a visible increase, but there is room for the price to go a little higher in the coming hours.
ETH/USDT 4HInterval ReviewHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. First, we will use the yellow line to mark the local downtrend line from which the price is moving sideways.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the support, and as you can see, we first have a support zone from $ 1904 to $ 1868 where the price is currently located, but when we go lower, the next support is at $ 1825.
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 strong resistance at $1932, and then the price will have to break through the strong resistance zone from $1970 to $1997.
The CHOP index indicates that there is a lot of energy for movement. The MACD indicator is close to turning into a local uptrend. On the other hand, on the RSI we moved back to the lower end of the range, which may give room for price increase.
ADA 4HInterwal Resistance and SupportHello everyone, I invite you to review the ADA chart in pair to USDT, also on a four-hour interval. First of all, using the blue lines, we can mark the local downtrend channel in which the price is currently moving.
Now let's move on to marking the places of support. And as you can see, we have the first support at $0.29, then we have a support zone from $0.27 to $0.26.
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 significant resistance at $0.33, and then the price needs to break the resistance zone from $0.35 to $0.37.
The CHOP index indicates that there is a lot of energy harvested. The MACD indicator indicates a transition to a local uptrend. On the other hand, on the RSI we are in the middle of the range, which makes it difficult to turn the direction of the price, but adding the collected energy and entering the uptrend on the MACD, we can see an attempt to increase the price.
BTC Daily Review 4HIntervalHello everyone, I invite you to review the current situation on the BTC pair to USDT, taking into account the four-hour interval. First, we will use the yellow line to mark the downtrend line from which the price has moved sideways.
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 support at $29248, but when we go lower, we still have a strong support zone from $28696 to $28266.
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 resistance is at $30,242, then we have the resistance zone from $30,758 to $31,114, however, before any major increases, the price must break the resistance at $31,581.
Please pay attention to the CHOP index which indicates that there is a lot of energy for the upcoming move, the MACD indicator indicates entering a local uptrend, while the RSI is moving in the lower part of the range, which may bring the price up in the coming hours.
BNB 4HInterval ReviewHello everyone, let's look at the BNB to USDT chart on a four-hour time frame. As you can see, the price has moved above the downtrend line.
After unfolding the Fib Retracement tool, we see that the first support is at $247.82, then we have a strong support zone from $245 to $243, and then support at $240.97.
Looking the other way, it is worth first marking the resistance zone from $ 253 to $ 256, and then the support at $ 261.37.
The CHOP index indicates that there is energy for a further move, the MACD remains in a downtrend, and the RSI has a sideways move around the middle of the range, which may result in a slight upward move in price.
ETH/USDT 4HInterval Daily ReviewHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. First of all, using the blue lines, we can mark the uptrend channel in which the price is currently moving at its upper border.
When we turn on the EMA Cross 200, we can see that it held the price nicely at the time of the correction.
Now let's move on to marking the places of support. Here the first support we should take into account is at $1973, then we will mark the strong support zone from $1935 to $1911, however when the price breaks down from it we have another support at $1877.
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 $2063, then we have a strong support zone from $2110 to $2144, only when the price goes up, it will move towards the resistance at $2188.
The CHOP index indicates that the energy has been used. The MACD indicator confirms the uptrend. However, on the RSI we crossed the upper limit, which gives us moments of recovery.
BTC Daily Review 14.07.2023Hello everyone, I invite you to review the current cryptocurrency situation on BTC in pair to USDT, taking into account the four-hour interval. First, we will use the blue lines to mark the local sideways trend channel that the price is testing after an upward exit from the channel. It is also worth marking the local uptrend line on which BTC is currently moving.
After unfolding the trend based fib extension tool, we see that the first support that held the price is at $31,127, then we have support at $30,915, but if the price goes lower, we can determine the important support zone from $30,690 to $30,390.
Looking the other way, we can determine the places of resistance in a similar way. And here a very important resistance is at the level of $31840, only when we exit above it, the price will move towards the resistance at $32096, and then towards the very strong resistance zone from $32346 to $32698.
Please pay attention to the CHOP index, which indicates that most of the energy has been used and we are currently moving sideways, the MACD indicator indicates maintaining the local uptrend, while the RSI shows a visible rebound after a strong increase, which may give room for another wave of price increases.
Review Chart DOT/USDT 4HHello everyone, I invite you to review the DOT 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. And when we turn on the EMA Cross 200, we see that the price has stayed on this line, which indicates that the uptrend that was started earlier is being maintained.
Moving on, we can move on to marking support areas when we start a larger correction. And here the first support is at $4.98, then we can mark the support zone from $4.58 to $4.25, however, when the price falls below this zone, we can see a drop to around $3.93.
Looking the other way, we see that the price has reached an important resistance zone from $ 5.35 to $ 5.65, which so far has no strength to break. However, if it manages to exit the descending channel upwards and break through the resistance zone, the next resistance will appear at $6.04, and then the price can move towards the resistance at $7.20.
Take a look at the CHOP index, which indicates that the energy is starting to regain strength, the MACD indicates that we are in a local uptrend, while the RSI is back to the middle of the range, which gives room for the price to go a little higher.
ETH/USDT Daily Review 4HIntervalHello everyone, I invite you to review the chart of ETH in pair to USDT, on a four-hour interval. First, we will use the yellow line to mark the downtrend line from which the price went up. It is also worth mentioning that after turning on the EMA Cross 200, we can see that the moving average of 200 held the price before falling further.
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 support at $1843, the second support at $1801, and then we can mark a very strong support zone from $1760 to $1701.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here the first strong resistance that the price is currently fighting is $1882, then we can mark a very strong resistance zone from $1944 to $2030, and when it manages to break out above, the price will be able to move towards the resistance at the previous high of $2140.
The CHOP index indicates that there is still energy to continue the movement. The MACD indicator confirms the local uptrend. On the other hand, the RSI is moving around the middle of the range, which may indicate that there is still room for the price to break out of the first resistance.
BTC/USDT 4HINTERVAL Review Resistance and SupportHello everyone, I invite you to check the current situation on the BTC pair to USDT, taking into account the four-hour interval. First, we will use the blue lines to mark the local sideways trend channel, while locally we can mark the uptrend line along which the price is currently moving towards the upper border of the channel.
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 $30,514, and then we have a strong support zone from $30,266 to $29,929, however, when we break below this zone, we can see a drop to around $29,493.
Looking the other way, in a similar way using the Fib Retracement tool, we can determine the places of resistance. We will first mark an important resistance zone from $30,829 to $31,136, once it is broken, price will attempt to attack the resistance at $31,520 so it can move further up.
As we can see, EMA Cross 10 and 30 indicate the place of confirmation of the transition to a local uptrend.
The CHOP index indicates that the energy is gathering strength, the MACD indicator confirms the ongoing local uptrend, while the RSI is moving in the upper part of the range, which may affect the price with a slight correction.
USDZAR 4H BULLISHUSDZAR
BULLISH TREND : 4H
Trade Plan
Entry Price: 19.15014
Stop Loss : 18.63922
Take Profit : 19.66106
BTC Short-Term Review 4HIntervalHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price stays on the local uptrend line.
After unfolding the trend based fib extension grid, we can determine the first support zone from $ 30,701 to $ 30,490, but when the price drops lower, we have a second strong zone from $ 30,280 to $ 29,981.
Now let's move on to the resistances and here we see that the price cannot break through the first zone from $31256 to $31530, when it does it will move towards the second very strong zone from $31974 to $32289.
Looking at the CHOP indicator, we see that it collects more and more energy for the move, MAC is struggling to maintain the uptrend, while the RSI is at the upper limit, which may give a greater price rebound.
BTC/USDT 4H Interval Review Hello everyone, I invite you to check the current situation on the BTC pair to USDT, taking into account the four-hour interval. First, we will use blue lines to mark the local channel of the sideways trend, from which the price goes up, in the situation of exiting by the height of the channel, we will find ourselves in the place of the last peak, which could reverse the direction of the price.
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 $ 30,673 to $ 30,389, however, when we fall below this zone, we can see a drop around the second zone at the levels of $ 30,163 to $ 29,936.
Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. First, we will mark the resistance zone from $31,215 to $31,463, when we manage to break out of it upwards and positively test, we will see a movement towards the second zone from $31,858 to $32,137.
When we turn on the moving average ema cross 10 and 30, we will notice that they are in a local uptrend.
The CHOP index which indicates that energy is starting to be recovered, the MACD indicator indicates a strong upward move, while the RSI is moving in the upper part of the range, which may affect the price rebound in the coming hours.
BNB/USDT 4H Interval ReviewI invite you to the third chart, this time BNB on a four-hour interval. As we can see, the price moved down from channel A of the uptrend, then the price moved in channel B of the downtrend, in which the low was higher than in channel A. Which gave us an upward exit from channel two and a move along the local uptrend line.
Using the trend based fib extension tool, we will check support places for the BNB price. And here you can immediately see that we have a support zone from $234 to $229, which is currently holding the price. However, when we fall below this zone, the price has a second very strong support zone from $221 to $216.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And similarly, we will mark two zones through which the price must pass in order to continue its growth. The first zone starts at the price of $238 and ends at the level of $242, when the price goes up from it, it will move towards the second zone at the levels of $247 to $253.
Here it is worth looking at the EMA cross 10 and 30, as we can see that the red line of the cross 10 ema is approaching the intersection of the green 30 from below, which should result in an uptrend change.
The CHOP index indicates that we have the energy to continue the move, the MACD indicates maintaining an uptrend, while the RSI is moving in an uptrend, with small rebounds, but there is room for the price to go higher in the current moves.
BNB/USDT Review 4hinterval - Resistance and SupportHello everyone, I invite you to review the chart of BNB in pair to USDT, on a four-hour interval. In the first place, using the yellow line, we can mark the uptrend line that did not hold the price, while currently, using the blue lines, we can mark the downtrend channel from which the price goes sideways.
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 the price of $ 234.4, it is equal to 0.618 Fib, the so-called golden fibon point, the second support at the price of $ 228.2, and then we can see a decrease around 220 .1$, which is the location of the last price low.
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 has no strength to break through the resistance at $238.3, however when it does, it still needs to break through the strong resistance from $243 to $249 for the price to move further towards the resistance at $257.4.
Please pay attention to the CHOP Index, which indicates that there is a lot of energy to move. The MACD indicator maintains a local downtrend. On the other hand, the RSI is moving around the lower border, which may give the price an increase in the coming hours.
LTC/USDT 4HInterval Review support and resistanceHello everyone, let's look at the LTC 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 $87.49, if the support is broken then the next support is $83.42 and then we have a strong support zone from $80 to $77.
Now let's move to the resistance line, as you can see the first resistance is $91.28, if you manage to break it, the next resistance will be $94.72 and $97.52.
Looking at the CHOP indicator, we see that there is a lot of energy for the upcoming move, the MACD confirms the local downtrend, while the RSI shows a visible rebound, which may give room for future increases.
SOL/USDT 4H Interval Review resistance and supportHello everyone, I invite you to review the SOL chart on a four-hour interval. As we can see, the price has broken the downtrend lines, while currently we will use the blue lines to mark the uptrend channel, from which the price also goes down.
Let's start by marking the support spots for the price and we see that we first have support at $15.91, but if the price goes lower, we have another support at $15.32, then we have a third very strong support at $14.71 $.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that currently the price failed to break out of the resistance zone from $ 16.44 to $ 17.53. However, if it manages to break it, we still have a strong resistance at $18.68, when the price breaks it, it will move towards the resistance at $20.25.
The CHOP index indicates that there is a lot of energy for the next move, the MACD indicates that we are moving in a local uptrend, while the RSI shows an ongoing rebound and we are approaching the point where the correction is often completed.
BTC/USDT 4HIntervalHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has moved down from the local uptrend channel.
Let's start with setting the support line and as you can see, the price is currently moving in the important support zone from $30,433 to $30,159, if the price falls below the zone, we can see a drop to the support area at $29,373.
Now let's move on to the resistance line, as you can see we have the first resistance zone from $30696 to $30915 and then the price needs to break through the second zone from $31154 to $31468.
Looking at the CHOP indicator, we see that there is a lot of energy to move, the MACD indicates the maintenance of the local downtrend, while the RSI shows a rebound, but there is still room for the price to go a little lower.
ETH/USDT 4HInterval ReviewHello 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 that held the price is $1867, if the support is broken then the next support is $1822, $1786 and then there is the support zone from $1751 to $1699.
Now let's move to the resistance line, as you can see the first resistance is $1932, if you manage to break it, the next resistance will be $1979, $2017 and $2054.
Looking at the CHOP indicator, we see that we have a lot of energy for the upcoming move, MACD indicates a local downtrend, while the RSI, despite small price movements, recovers nicely, which will give room for further increases.
BTC/USDT 4HInterval ReviewHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. Currently, the price is moving in the local uptrend channel.
Let's start with the support line and as you can see, first the price held a strong support zone from $30639 to $30423, then we have strong support at $30149 and then we can see a drop to the third support at $29353.
Now let's move on to the resistance line, as you can see the first resistance is $30855, if it breaks through, the next resistance will be $31138 and then we have the resistance zone from $31363 to $31587.
Looking at the CHOP indicator, we see that there is still energy to continue the move, the MACD indicates the maintenance of the local downtrend, while the RSI is moving at the upper limit, which can affect the sideways trend or a slight price drop.
