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Trendanalyse

ETH/USDT Short-Term ReviewHello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price quickly came back and is currently staying just above the downtrend line. After unfolding the trend based fib extension grid, we see that we have a strong support zone from $1,594 to $1,581, and then a second zone from $1,568 to $1,551. Looking the other way, you can see that the price is struggling with resistance at $1,600, but we still have an important zone from $1,627 to $1,639. Looking at the CHOP indicator, we can see that the energy in the downtrend has been used, while the STOCH indicator also shows the energy used for the price drop, which may result in another increase.
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ETC/USDT 4HInterval ReviewI invite you to review the ETC to USDT chart. First, we will mark the downward trend lines with a yellow line, below which the price moves. As you can see, the exit from this line was not maintained. At this point, the blue ema crosses the 200 line, which pushed the price back into a downtrend. Moving forward, we can move on to marking out areas of support as we begin a larger correction. And here we have a visible support zone from $15.36 to $14.92, then we have support at $14.30, and then support at $13.50. Looking the other way, we see that the price has fallen through the resistance zone from $15.81 to $16.41, then we have resistance at $16.60, and then resistance at $17.21. Please look at the CHOP index, which indicates that the energy of the downward movement has been exhausted, the RSI is recovering but there is room for the price to fall, while the STOCH index has also rebounded but there is still room to fall.
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BNB/USDT 4H ReviewHello everyone, I invite you to review the chart of BNB in pair with USDT, also on a four-hour interval. First of all, we can use the blue lines to mark the triangle in which the price is moving, what's more, at this point we can see that the price quickly dropped from the place where we touched the blue ema cross 200 line, remaining in a downward trend. Now let's move on to marking the support places. We will use the Fib Retracement tool to mark supports, and as you can see, we can first mark the support zone from $210 to $207, while we still have strong support at $204. Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here the first resistance zone starts at $215 and ends at $219, then we have the second zone from $223 to $228, and then strong resistance at $234. The CHOP index indicates that the energy has been used and is currently slowly growing, the RSI showed an increase and now a strong recovery is visible, while the STOCH index also exceeded the upper limit, which resulted in a strong price recovery.
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BTC/USDT 4H Interval Review ChartHello everyone, I invite you to review the current situation of BTC in the USDT pair, taking into account the four-hour interval. First, we will use blue lines to mark the sideways trend channel in which the price approached the upper limit. At this point, it is worth determining the height of the channel, because when the price confirms the upper exit and tests it, the increase may be similar to the height itself. Next, it is worth marking the local downward trend line from which the price dynamically went up. Now we can move on to marking support areas in the event of a correction. And here, after unfolding the Fib Retracement grid, it is worth marking the support zone from $26,513 to $26,200 first, but when we fall below this zone, we have a second strong zone from $25,893 to $25,462, and then strong support at $24,909. Looking the other way, we can determine resistance areas in a similar way. First, we will mark a strong resistance zone, in front of which the price is located from $26,910 to $27,453, when the price breaks out of this zone and then holds it, we can see an attack on the resistance at the price of $28,151 before further increases. At this point, it is worth turning on EMA Cross 200 and, as we can see, the price was above the moving average of 200, which indicates a return to the upward trend, but it is important that this level is positively tested. Please pay attention to the CHOP index, which indicates that there is still some energy left, the RSI shows a visible increase and there is some room for the price to go higher, but the STOCH index clearly shows that the upper limit has been clearly exceeded, which also resulted in a deceleration of the growth and a visible rebound in order to regain gathering energy.
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TOMO/USDT 4H Review ChartHello everyone, let's take a look at the TOMO versus USDT chart on a four-hour time frame. As you can see, the price is moving above the local uptrend line. Let's start by determining the support line and as you can see, the first support in the coming hours is $1.20, if the support is broken, the next support is $1.10, and then we have a strong support zone from $1.01 to $0.92. Looking the other way, we see that the price is in the resistance zone from $1.24 to $1.31, then we have resistance at $1.35, then the second resistance zone from $1.41 to $1.48, and then resistance at $1.57. Looking at the CHOP indicator, we see that there is still energy for a move, while the RSI indicator, despite a slight price drop, has returned to near the middle of the range, which creates room for future growth, but before that we can see a greater recovery.
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by cryptodailyuk
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ATOM/USDT Review Chart Hello everyone, I invite you to review the ATOM chart in pair with USDT. First, we will use the blue lines to mark the downward trend channel in which the price moves in the upper range. Going further, we can move on to marking support areas when we start a larger correction. And here you can see that the price remains at the support zone from $7.08 to $6.09, but if we fall lower, the next support zone starts at $5.10 and ends at $3.70. Looking the other way, we see that the price currently does not have the strength to break the resistance at $7.90, but when it does, it will move towards the first resistance zone from $8.93 to $9.76, and then towards the second zone from $10.59 to $11.76, then we have strong resistance at $13.25. Please look at the CHOP index, which indicates that we are quickly regaining energy for a new move, on the RSI we are in the process of recovery, which creates room for new increases, but the STOCH indicator shows that the dynamic movement of energy gives a very small price increase on the chart, which may translate into price recovery again.
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MKR Chart Review 4HIntervalHello everyone, I invite you to review the MKR chart on a four-hour interval. As we can see, the price has risen from the downward trend line marked with a yellow line, but currently we are moving in a visible upward trend channel, marked with blue lines. Let's start by marking support places for the price and we can see that first we have a support zone from $1277 to $1220, but if the price drops lower, we have a second zone from $1173 to $1127, and then a third strong support zone from $1062 to $978. Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the price has currently fallen through the resistance zone from $1,350 to $1,407, but when we break out of it, we can see an increase to the area of the second zone from $1,498 to $1,563. The CHOP index indicates that we still have a lot of energy to make a move, the RSI after the rebound shows an increase with room for the price to go higher, but looking at the STOCH indicator we can see that the blue line has exceeded the upper limit, which may cause increases and even give the price a rebound.
by cryptodailyuk
1
ETH/USDT 4H Review ChartHello everyone, I invite you to review the chart of ETH in pair with USDT, also on a four-hour interval. First of all, using the yellow line, it is worth determining the downward trend lines under which the price continues to stay. Now let's move on to marking the support places. We will use the trend based fib extension tool to mark supports, and as you can see, first we have a support zone from $1,588 to $1,563, but if the price falls below this zone, we have a second strong zone from $1,537 to $1,501. Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here you can see that the price is fighting the resistance at $1,595, then we have the first resistance zone from $1,616 to $1,632, then there is the second zone from $1,648 to $1,671, and then strong resistance at $1,700. The CHOP index indicates that despite the recent move, we quickly regained energy, the RSI indicator shows a dynamic rebound after approaching the lower limit, while the STOCH indicator confirms the rebound, but you should be careful here because you can see the rapid use of energy.
by cryptodailyuk
BTC/USDT 4HInterval Review Hello everyone, I invite you to every Friday cryptocurrency review. Let's start by checking the current situation on the BTC to USDT pair, taking into account the four-hour interval. First, we will use the yellow line to mark the downward trend line from which the price has gone up and is currently staying just above the line. However, it is still worth marking the side trend channel to which the price has returned with blue lines. Now we can move on to marking support areas in the event of a correction. And here, first of all, it is worth marking the support zone from $26,233 to $25,851, but when we fall below this zone, we have a second strong zone from $25,468 to $24,920, and then support at $24,218. Looking the other way, we can determine resistance locations in a similar way using the trend based fib extension tool. First, we have resistance at $26,647, then it is worth marking the resistance zone from $27,019 to $27,329, when the price breaks it, we have the second zone from $27,629 to $28,073, and then resistance at $28,631. Please pay attention to the CHOP index, which indicates that the energy in the downward movement has been used up and is currently slowly growing, the RSI showed a rebound to the lower limit and we are currently rebounding, while the STOCH indicator also confirmed the exhaustion of energy in the downward movement, which stopped a further price decline in this movement.
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BNB/USDT 1H Review ChartHello everyone, let's take a look at the BNB to USDT chart on a one hour time frame. As you can see, the price has fallen below the local uptrend line. After unfolding the Fib Retracement grid, we see that the price remains just above the support zone from $210 to $207, but when we fall lower, the next support is at $203. Looking the other way, we see that the resistance at the level of $212 rejects the price, but then we have a significant resistance zone from $216 to $218, and then the resistance at the level of $221. Looking at the CHOP indicator, we see that there is still a lot of energy for the move, and on the RSI indicator, despite a very small increase on the chart, we see an increase on the indicator, which may result in a small price increase in the coming hours.
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XRP/USDT 1H Interval ReviewI invite you to review the chart of XRP paired with USDT. First of all, we will use the blue lines to mark the downward trend channel from which the price emerged at the top, which is important that the exit from the channel was based on an increase similar to the height of the downward channel itself. Currently, it can be seen that the price is moving along a local upward trend line, with three resistance points visible. It is worth mentioning that XRP is one of the few that stays above the blue 200 moving average line, and therefore remains in an upward trend. Going further, we can move on to marking places of support when the recovery begins to deepen. And here you can see that the price remained in the support zone from $0.51 to $0.50, but it is still worth defining a second, similar strong zone from $0.48 to $0.47. Looking the other way, we see that the price has been rejected from the resistance zone from $0.515 to $0.53, only when we manage to break out of it, we will see an attempt to increase towards the resistance level at $0.55. Please look at the CHOP index, which indicates that we still have a lot of energy to make a move, on RSI we are staying around the middle of the range, but adding the STOCH indicator to this, we have a visible rebound when we cross the upper limit in order to gather new energy for the move.
by cryptodailyuk
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BNB/USDTShort-Term 1H ReviewHello everyone, I invite you to review the BNB/USDT chart. As we can see, the price has broken down from the upward trend channel, and currently we remain below the downward trend line, and what's more, when we look at the EMA Cross 200, we see that we have also fallen below the moving average, which means a return to the downward trend. Let's start by marking support points for the price and we can see that first we have a support zone in which the price stays from $212 to $209, but if the price drops lower, the next support is at $206.4. Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the current rebound was reversed before it reached the first resistance zone from $213 to $215, then we have resistance at $217.8, and then a strong resistance zone from $219 to $222, where the price ended the previous move growth. The CHOP Index indicates that most of the energy is currently being used. On the RSI, we are reflecting from the mid-range border, at which the price is declining, while on the STOCH indicator we have confirmation that when the energy reached the upper limit, the price rebounded and we are currently in the energy loading trend.
by cryptodailyuk
2
ETH/USDT 1HInterval Review ChartHello everyone, I invite you to review the ETH pair to USDT chart, also on a one-hour time frame. First, using the yellow line, we will mark the local upward trend from which the price broke down. At this point we can see that the break from the trend line also resulted in a drop below the EMA Cross 200, indicating a return to the downtrend. Now let's move on to marking the support places. We will use the Trend based fib extension tool to mark supports, and as you can see, first we can mark the support zone from $1,583 to $1,560, but if we fall below this zone, we may see a drop to the strong support level of $1,530. Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here you can see that the price has been reduced by the resistance at the level of $1,600, when it overcomes it we have the second resistance at the level of $1,620, then we have the third resistance at the level of $1,637, and going further, it is worth defining a strong resistance zone from $1,654 to $1,677. The CHOP Index indicates that most of the energy has been used. the RSI indicator shows an increase towards the middle of the range, which indicates that there is still room for price increases, while the STOCH indicator has exceeded the upper limit and we are currently recovering and gathering energy for a new move, which confirms that the growth on the chart has stopped.
by cryptodailyuk
BTC/USDT Short-Term ReviewHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price is moving above the local downtrend line. After unfolding the Fib Retracement grid, we have a visible support zone from $26,493 to $26,192, then a second strong zone from $25,891 to $25,455, and then strong support at $24,884. Looking the other way, we have a strong resistance zone from $26,916 to $27,463, which has rejected the price increase, but when it is broken, there is still strong resistance at $28,181. Looking at the CHOP indicator, we see that the energy has been used, and on the RSI we have a strong rebound to the lower limit, which stopped further declines.
by cryptodailyuk
ETH/USDT 1D Review ChartHello everyone, I invite you to review the ETH pair to USDT chart, also on a one-day time frame. First, we can use the yellow line to mark the upward trend in which the price dropped. We can also mark EMA Cross 200, under which the price is constantly moving, which confirms that it will remain in a downtrend. Now let's move on to marking the support places. We will use the Fib Retracement tool to mark supports, and here we see that the price has remained in a strong support zone from $1,608 to $1,483, but when we fall below this zone we can see a drop to the support level of $1,304 and further towards a very strong support. at $1,076. Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here we see that the price is struggling to break the resistance level at $1,641, then we have resistance at $1,735, and then we mark a visible resistance zone from $1,813 to $1,889, and then a second very strong zone from $1,999 to $2,140. The CHOP index indicates that there is a lot of energy for the move, the RSI, despite the increase, has a lot of room for the price to grow, but the STOCH indicator confirms the consumption of energy, which confirms the sideways trend, and what's more, it can give a reaction to the price in order to gain energy.
by cryptodailyuk
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BNB/USDT 4HIntervalHello everyone, let's take a look at the BNB to USDT chart on a 4-hour time frame. As you can see, the price has moved higher from the local downtrend line. After unfolding the Trend Based Fib Extension grid, we see that first there is a support zone from $213 to $207, and then we have a second strong zone from $199 to $193. Looking the other way, we see that the price has been rejected by the resistance zone from $217 to $221, then there is resistance at $226, another at $232, and the next one at $240. Looking at the CHOP indicator, we see that there is a lot of energy to be used for movement, on RSI we are in the process of recovery with room for further decline, but the STOCH indicator indicates that the energy in movement is running out, which may impede a further price drop.
by cryptodailyuk
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AUD/JPY: A Currency Pair Poised for GrowthAUD/JPY currency pair is trading at around the marked levels. Please read the analysis on the chart, as well as the explanations in the comments. Thank you. Technical Analysis: On the 30-minute chart, the AUD/JPY currency pair is trading in a bullish trend. The price is above the 50-period and 200-period simple moving averages. The MACD indicator is also bullish, with the signal line above the MACD line. The Elliot Wave Analysis in this case shows a continuation of the bullish impulse. I marked the first potential level of the Wave 5. It can extend after that level, or a correction may start (short term). On the 4-hour chart, the AUD/JPY currency pair is also trading in a bullish trend. The price is above the 50-period and 200-period simple moving averages. The MACD indicator is also bullish, with the signal line above the MACD line. On the daily chart, the AUD/JPY currency pair is trading in a bullish trend. The price is above the 50-period and 200-period simple moving averages. The MACD indicator is also bullish, with the signal line above the MACD line. Overall, the fundamental and technical analysis suggests that the AUD/JPY currency pair is likely to continue trading in a bullish trend in the near term. Fundamental Analysis: The Australian economy is currently facing a number of challenges, including a slowdown in China, rising inflation, and a trade deficit. However, the Australian economy is still expected to grow at a modest pace in 2023. The Japanese economy is also facing a number of challenges, including an aging population, a shrinking workforce, and a high debt burden. However, the Japanese economy is expected to avoid recession in 2023. I hope this post is helpful. This analysis represents my thoughts at the date it is posted. This analysis does not represent professional and/or financial advice. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content found on this profile before making any decisions based on such information. Any feedback is encouraged and appreciated. Thank you and have a nice day!
Long
by YExplore