Daily review of BTC interval 1DHello everyone, I invite you to every Friday review of selected cryptocurrencies. We'll start with a chart review of BTC vs USDT on a single day timeframe. At the beginning, we can use the blue lines to mark the triangle in which the BTC price is moving and we can see that we are getting closer to taking the direction of leaving it.
Let's start with the support line and as you can see the first support in the near future is $16586 equal to 0.618 FIB, if the support is broken then the next support is $16086 and $15456.
Now let's move on to the resistance line, as you can see the first resistance the price is currently fighting is $16762, if it manages to break it, the next resistance will be $17073, $17325 and $17581.
Looking at the CHOP indicator, we can see that there is a lot of energy for a bigger move, the MACD is close to indicating an uptrend, while the RSI is moving below the middle of the range, which could potentially give room for an uptrend.
Trendanalyse
BNB/USDT 1DChartReview Hello everyone, I invite you to review the BNB/USDT chart on a one-day timeframe. With the help of white lines we will determine the sideways trend channel, while locally we can mark the downtrend line under which the BNB price moves.
Importantly, when we develop the Fib Retracement tool, we can immediately see that the price is in a strong support zone from $251 to $222, however, if the support is broken and the price drops lower, we can see a drop to near the previous low at $184 .
However, if the downtrend ends and we see increases. It is the price will first encounter resistance at $274, then $291, then we have a strong resistance zone from $309 to $331, then resistance at $361, the location of the last high not taking into account the vertical candle.
As we can see, the CHOP index indicates that the energy is slowly rising, the MACD indicator indicates that we have entered an uptrend, while the RSI is moving sideways in the lower part of the range.
Daily review of BTC interval 1DHello everyone, I invite you to every Friday review of selected cryptocurrencies. We'll start with a chart review of BTC vs USDT on a single day timeframe. First of all, we can mark with the help of white lines the sideways trend channel in which the price has been moving for a long time, while locally with the help of the yellow line we can mark the downtrend.
Now, with the help of Fib Retracement, we will check what support the price has on its way. And as we can see, the price is currently holding just below the support at 0.618 Fib Retracement, and the next support is at $16087, lower at $15449, which is the last low, but if the price goes lower, we can see a drop even to around $13648 .
However, in a situation where the trend reverses and the price starts to grow, it is worth marking the places where we can encounter resistance. And so we see that we have the first resistance at $16,760, the second at $17,073, the third at $17,342, and the fourth at $17,554. Only when the price overcomes these four resistances and positively tests the last one, the way to further increases will open.
It is worth paying attention to the CHOP index which indicates that we have a lot of energy for the upcoming move, MACD indicates that we are moving in a downtrend, while the RSI has been moving in the middle of the range for a long time.
UNIUSDT 1D Interval- Resistance and SupportHello everyone, welcome to a review of the UNI to USDT chart on a one-day timeframe. First, we will use the blue lines to mark the downtrend channel in which the price is currently moving.
Next, we can check where the price has support, and here we can see that we are currently in the $5.82 to $4.73 support area. However, if the support is broken and the price starts to fall more strongly, we can see a drop to around $3.32, which is the place of the last price low.
Looking the other way, we will similarly check where the price should break resistance when the downtrend reverses. As we can see, we have the first resistance at $6.82, the second resistance at $7.91, and then we have a strong resistance zone from $8.99 to $10.52.
Please pay attention to the CHOP index, which indicates that the energy is starting to rise strongly. The MACD is getting closer to crossing the red line with the blue line from below, which would confirm the change of the trend to an upward one, while the RSI is moving in the lower range, which may also indicate an upcoming uptrend.
what will happen to MANAUSDT after 100% fallinghello
as you can see MANAUSDT is in the support key level and after nearly 5 months of falling it may be time to increase a little after touching the lowest level of the channel
all you need to know is in the chart
good lock
The information provided on this Page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. this page does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions
BNB / USDT 1D INTERVAL, Support and ResistanceHello, I invite you to review the BNB chart in pair to USDT on a one-day timeframe. First of all, it is worth defining the sideways trend channel, while locally we can mark the downtrend channel with blue lines.
Now let's move on to marking the support that we should take into account when the price starts to fall. And here we see that we have the first support at the price of $ 229.7, but if the price drops lower, we have the next support at the price of $ 183.8, which is the place of the previous price low.
Looking the other way, we can see where the price should break resistance when it rises. The first resistance is at $261.9, the second at $287.7, the third at $309.2 and the fourth at $329.7.
As we can see, the current correction started when the red moving average line crossed the green line from above.
We can see that the volume is at very low levels. The CHOP index indicates that the energy is slowly starting to rise, the MACD indicates that we are entering a local uptrend, while the RSI is at very low levels, which may indicate an upcoming price increase.
Daily review of ETH interval 4HI invite you to review the ETH chart on a four-hour interval. Let's start by marking the sideways trend channel with the white lines, while locally we can use the yellow line to determine the local uptrend line from which the price came down.
As for the places of support for ETH in the deepening correction quote, we can see that first we have a support zone where the price is currently from $ 1214 to $ 1181, however, if the price goes lower, we have another support at $ 1134, and then at the price of $ 1075, at the lower border of the channel and at the last low of the price.
Looking the other way, we can similarly determine the passing of resistances and here we see that we have the first resistance at $1227, the second at $1252, the third at $1274 and the fourth resistance at $1308.
It is worth noting that the volume from the last few days is very low with a predominance of red candles. On the CHOP index, we see that most of the energy has been used, the MACD indicates a local downtrend, while on the RSI we see a rebound towards the lower end of the range, which may indicate an impending price increase.
BTCUSDT-1DInterval-Review Hello everyone, I invite you to review the BTC to USDT chart, on a one-day timeframe. As we can see, the price has been moving in the sideways trend channel for a long time, but currently we can mark with the yellow line, the local downtrend line with which the price is fighting.
Now let's move on to the support line and as you can see the first support that held the price at the current correction is $16583, if the support is broken then the next support is at $16078, while the third support is at $15461 which is below the lower limit of the channel, but it is also the place of the last price low.
Looking the other way, also using Fib Retracement, we will check the places where the price should subdue the resistance when the increases begin. as we can see the first resistance is at $16763, the second resistance is at $17077, the third resistance is at $17325 and the fourth resistance is at $17576.
As we can see, the entry into the local correction was preceded by the crossing of the green line moving average from above, through the red line. Looking further, we see that the volume is at low levels with a predominance of candles on the sellers side.
The CHOP index indicates that most of the energy has been used for the current correction, the MACD confirms the local downtrend, while the RSI is recovering and is currently at quite low levels, which may potentially bring the price up.
BNB / USDT 4H INTERVAL, STOPLOSS AND TARGETSHello everyone, let's look at the 4H BNB to USDT chart as you can see that the price is moving in a sideways trend channel denoted by the white lines.
Let's start by setting goals for the near future that we can take into account:
T1 = $246.9
T2 = $248.4
T3 = $250.6
and
T4 = $253.6
Now let's move on to the stop loss in case the market goes down further:
SL1 = $245.2
SL2 = $243.3
SL3 = $240.4
and
SL4 = $236.8
Looking at the CHOP indicator, we see that the energy is charged on the 4H interval, while the MACD indicator indicates a local uptrend.
Don't miss opportunity for Long position ADAUSDThello guys
we have a very good opportunity for ADA long position
As you can see in the chart, ADA touch the bottom of the channel and it may have an opportunity to rise by 3~4% from here
all you need to know is in the chart
good luck
The information provided on this Page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. this page does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions
Don't miss opportunity for long position ETHUSDThello guys
we have a very good opportunity for ETH long position
As you can see in the chart, eth touch the bottom of the channel and it may have an opportunity to rise by 3~4% from here
all you need to know is in the chart
good luck
The information provided on this Page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. this page does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions
LINK/USDT 1D Interval ReviewI invite you to review the chart LINK in pair to USDT, taking into account the one-day interval. Let's start by identifying the main trendline, but looking closer we can identify with the blue lines the sideways trend channel and with the yellow line, the local downtrend lined that the price is trying to break.
Using the Trend Based Fib Extension tool, we will check the current support points for the price. As we can see, the first support is where the price has repeatedly changed its uptrend at $5.83, then we have support at $5.39, which is also the lower limit of the channel and the location of the previous low. However, when we exit the channel at the bottom, we can see a drop to around $4.72 or $3.82.
When determining resistance for the price, it is worth first to mark the strong zone from $ 6.25 to $ 8.03, only when the price goes higher we have resistance in the upper part of the channel at $ 9.43, going above this resistance and positive testing will open the way towards $ 11.83 and 14.08 $.
We can observe a growing volume, however, with a predominance of red candles, the CHOP index indicates a small accumulation, the MACD is close to indicating a change in the trend to an upward one, while the RSI also shows that we have gone down to low levels and are now starting to show small increases.
BTC chart in pair to USDT on a four-hour interval.BTC chart in pair to USDT on a four-hour interval.
As we can see, BTC has been moving in the sideways trend channel for a long time, moreover, we can mark the triangle with the help of white lines, which we are currently trying to lower down.
Now, with the help of Fib Retracement, we will check the support places for BTC in case the price starts to fall and here we can see that we have the first support at the price of $ 16,762, the second at the price of $ 16,666, but stronger supports are at the levels of $ 16,573, $ 16,444 and $ 16,274 which is the location of the last price low.
Going further, in the same way, we will determine what resistance the price should encounter on the way to increases. As we can see in the first place we have a strong zone with which the price is currently measuring from $16868 to $16956, only when it breaks out and positively tests the resistance it will start moving towards the second resistance at $17060, then $17374 and $17888.
Please pay attention to the volume because you can see that it is not high, but with a predominance of candles on the buyers' side. Next we have the CHOP index, where we see that a lot of energy has been collected, which may indicate an upcoming strong move, while the MACD confirms the uptrend. Let's also pay attention to the RSI on which we can see that the corrections are getting weaker and that there is room for an upward move.
ATOMUSDT 1D Interval ReviewHello everyone, welcome to the ATOMUSDT 1D chart review.
Using the white line we will mark the trend line, as you can see the price is trying to break through the indicated trend, when it did it did not test it and quickly reversed. Currently, we can determine the local downtrend line with which the price is fighting.
As for setting support, we will explore it with Fib Retracement, the first support is at $8.05, when it is broken the next support is at the last low at $5.56.
Looking the other way, we have a lot of room for growth, however, the zone from $ 12.83 to $ 17.16 is significant, only when the price goes above this zone, and then positively tests it and establishes a new support, we will see an open road towards the price of $ 22.40, and then $ 31.26 .
At the moment, the volume is insignificant, the energy has been used for the last correction, the MACD begins to indicate the entry into a local uptrend, while the RSI after touching the lower limit begins to slowly increase.