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BNB / USDT 1D INTERVAL, Support and ResistanceHello everyone, let's take a look at the BNB to USDT one day chart. As you can see, the price is moving above 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 two hundred and sixty dollars if the support is broken, the next support is two hundred and forty-two dollars and two hundred and sixteen dollars. Now let's move to the resistance line, as you can see, the first resistance is two hundred and eighty-eight dollars, if you can break it, the next resistance will be three hundred and twenty dollars and three hundred and fifty-three dollars. Please note the CHOP index which indicates that the energy has been used up, and the MACD indicator indicates that we can shift to an uptrend.
by cryptodailyuk
1
Long term review of the XRPUSDT marketHello everyone, I invite you to the XRPUSDT review on a 1-day interval. As you can see in the chart, the price came up from the first channel of the sideways trend and from the first line of the downtrend. We are currently above the uptrend line, but we can also mark the second channel of the sideways trend. Now let's move on to the support that xrp has in front of it and we can see that the first support zone is from $ 0.50 to $ 0.46, then we have support lines at $ 0.42, then the support zone from $ 0.39 - 0.35 $ and support at $ 0.29. Looking in the other direction, we will analogously determine the points of resistance. We have the first resistance at $ 0.53, the second resistance at $ 0.61, then we have a strong resistance zone that starts at $ 0.69 and continues all the way up to $ 0.93. It is worth paying attention to the CHOP index which indicates that we have a lot of energy, while the MACD indicator indicates a local downward trend.
by cryptodailyuk
2