Get started

Trendanalyse

BNB/USDT Review CHartI invite you to review the chart of BNB in pair with USDT, also on a one-hour time frame. First, we can use the blue lines to mark the downward trend channel in which the price has been moving since the last correction. In order to check the current support areas, when the correction begins to deepen, we will unfold the Trend Based Fib Extension grid and we can determine the first support for the price at $225, and then it is worth defining an important support zone from $221 to $218. Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here you can see the resistance zone from $230 to $231, which effectively stopped the price increase, while if we manage to break out of it, we have a second zone from $234 to $237. The CHOP indicator shows energy for the next move, the RSI indicator is recovering with room for a larger correction, while the STOCH indicator is moving at the lower border, which may result in a temporary sideways trend.
by cryptodailyuk
BTC/USDT Short-Term 15MHello everyone, let's take a look at the BTC to USDT chart on a 15-minute time frame. As you can see, the price dynamically moved up from the local downward trend line. When we unfold the trend based fib extension grid, we will see that we have approached the important resistance level of $38,258, and when the price positively tests it, we can see an attempt to increase towards the resistance level of $39,213. Looking to the other side, there is a resistance zone from $37,795 to $37,548, and then we have a strong zone from $36,861 to $36,506. Looking at the CHOP indicator, we see that energy is running out in the short term, on RSI we have exceeded the upper limit, which has slowed down the growth and may result in a rebound, also the STOCH indicator is beyond the upper limit, which may have a similar effect as on RSI.
Short
by cryptodailyuk
BTC/USDT Short-Term 1HInterval ChartHello everyone, I would like to invite you to review the current situation of BTC in the USDT pair, taking into account the one-hour interval. First, we will use blue lines to mark the local channel of the upward trend in which the BTC price rebounded from the upper limit, giving rise to a local downward trend. Now we can move on to marking support areas in case the current correction deepens. And here, first of all, it is worth marking the support zone from $36,763 to $36,305, but when we fall below this zone, we may see a drop to the support level of $34,977. At this point, it is worth looking at EMA Cross 10 and 30, where we can see a place of confirmation, a return to the local downtrend, where the red line EMA Cross 10 crosses the green EMA Cross 30 from above. Looking the other way, we can determine resistance locations in a similar way using the trend based fib extension tool. First, we will mark a significant resistance level at $37,797, and then we need to define a strong resistance zone from $38,131 to $38,464 Please pay attention to the CHOP index, which indicates that there is still energy to make the next move, the RSI indicator shows that we have returned to the level where the price bounced several times, changing the upward trend, but in this situation it is clear that a small price movement gave a strong rebound on the STOCH index, which may negatively affect the price.
COINBASE:BTCUSD
by cryptodailyuk
BNB/USDT 4H ChartHello 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 fallen below the local uptrend line. Let's start by determining the support line and after unfolding the Fib Retracement grid, you can see a strong support zone from $229 to $217, and then there should be support at $202. Looking the other way, there is resistance at $253, and then there is a resistance zone from $262 to $272. Looking at the CHOP indicator, we see that there is a lot of energy for the move, the RSI indicator shows a slight upward movement with room for price declines again, while the STOCH indicator rose to the upper part of the range despite a slight price movement.
by cryptodailyuk
1
BTC/USDT 4HInterval Chart Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving below the local uptrend line. When we unfold the trend based fib extension tool, we will see support at the level of $36,285, and it is worth defining the support zone from $35,716 to $35,465. Looking the other way, you can see that the price is bouncing off the resistance at $36,751 and then has a resistance zone from $37,391 to $37,873. Looking at the CHOP indicator, we see that there is energy for further movement, on the RSI indicator we have returned to the middle, which makes it difficult to determine the direction, while the STOCH indicator indicates a trend reversal, which may result in a further price increase.
by cryptodailyuk
1
ETH/USDT Short-Term 4H ChartHello everyone, let's take a look at the ETH to USDT chart on a 4-hour time frame. As you can see, the price broke below the local upward trend line. When we unfold the trend based fib extension grid, we see support at the level of $1,952, while we still have a very strong support zone from $1,921 to $1,881. Looking the other way, the price again has resistance at $2012, and then we have a resistance zone from $2051 to $2078. Looking at the CHOP indicator, we see that the energy is gaining strength, the RSI indicator, despite the recovery, still has room for a decline, and the STOCH indicator shows a downward movement with room for a larger correction.
by cryptodailyuk
MATIC/USDT 4HInterval Chart Hello everyone, I invite you to review the MATIC chart also at a four-hour interval. As we can see, the price has overcome a strong downward trend line, and is currently moving in an upward trend, staying on the trend line. In this situation, we will start by checking the resistance levels and here we can notice that the price has been rejected from the resistance level of $0.97, only when it is overcome will we have an open path towards the resistance zone from $1.08 to $1.16, which should lock the price against a larger increase. Looking the other way, we can similarly determine support areas and here we can see that the price remains in the first support zone from $0.83 to $0.78, while when this zone is broken, we can see the price return to the second zone from $0.67 to $0.58. The CHOP index indicates that there is still energy for further moves, the RSI indicator remains in a downward trend with room for the price to go lower, also when we look at the STOCH indicator we can see a strong rebound with room for the price to go slightly lower.
M
by cryptodailyuk
BTC/USDT 1HInterval ChartHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price moved sideways from the local downtrend line. When we unfold the Fib Retracement grid, we see a support zone from $36,361 to $35,976, then there is support at $35,432, and then at $34,742. Looking the other way, we have a visible resistance zone from $36,724 to $37,021, and then a strong zone from $37,421 to $37,958. Looking at the CHOP indicator, we see that energy is being collected again, the RSI indicator shows an upward trend, and despite there being room for further growth, when we look at the STOCH indicator, we can see that we are rapidly approaching the upper limit, which may limit further increases.
by cryptodailyuk
LTC/USDT 1DInterval ChartI invite you to review the chart of LTC in pair with USDT, this time taking into account the one-day time frame. Let's start by defining with the white line the upward trend that holds the price, and then using the blue lines we can mark the local channel of the upward trend in which we are currently located. When we unfold the FIb Retracement grid, we can see that the price is based on a strong support zone from $68.87 to $56.33, but at this point let's also check for smaller movement and here the zone covering the trend lines and the lower border of the ongoing channel will be important. However, when the price breaks below the current channel and support zone, we may see a drop to the very strong support level of $40.45. Looking the other way, we can see that the upper border of the channel is also the first place of significant resistance for the price at $78.34, the next important resistance is at $92.42, and then the price must overcome the strong resistance zone from $102 up to $115. Please look at the CHOP index, which indicates that we have a lot of energy for the upcoming move, the RSI indicator is in the process of recovering, and there is a lot of room for further declines, similarly, the STOCH indicator shows a strong downward movement, which may drag the valuation to a lower level.
by cryptodailyuk
2
BTC/USDT 4HInterval Chart ReviewHello 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 blue lines to mark the local downward trend channel to which the price has returned. In order to check the support areas, we will use the Trend Based Fib Extension tool, and after unfolding the grid we can see that the price is based on the support zone from $36,023 to $35,492, but when the zone does not maintain the price, we can see a drop to the support level of $34,808 . Looking the other way, we can determine resistance areas in a similar way. First, the price must again overcome the resistance at $36,721, only then will we move towards the strong resistance zone from $37,470 to $38,001. Please pay attention to the CHOP index, which indicates that there is energy for further movements, on the RSI indicator there is still room for the price to go lower, while on the STOCH indicator we are approaching the lower limit, but there is still some room for further downward movements.
by cryptodailyuk
ETH/USDT 4H Chart Hello everyone, let's take a look at the ETH to USDT chart on a four-hour time frame. As you can see, the price managed to stay on the local downtrend line. When we unfold the trend based fib extension grid, we see that the strong support at $1,960 has maintained the price and is still support, but we may still see a decline to the support level at $1,850. Looking the other way, you can see the current resistance zone from $2,088 to $2,135, and then there is visible resistance at $2,247. The CHOP indicator shows that there is still energy that can be used to drop the price, the RSI indicator shows a slight rebound, but with room for the price to fall lower, and the STOCH indicator shows a rebound from the lower limit, which may result in a slightly larger price increase in the current movement. .
by cryptodailyuk
MKR/USDT 4HInterval ChartHello everyone, I invite you to review the MKR chart on a four-hour interval. Let's start with the blue lines marking the upward trend channel, in which the price has locally entered a falling triangle formation, but currently we can see an attempt to exit the ongoing triangle at the top and an attempt to return to the previously prevailing upward channel. When we unfold the Fib Retracement grid, we can see that the recent price decline was maintained by a strong support zone from $1,236 to $1,124, but now the price has returned higher, above the visible support at $1,396. Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the price is currently fighting the resistance at $1,451, only when it breaks above it will it move again towards the strong resistance zone at $1,566 to $1,654. The CHOP index indicates that there is more and more energy for the move, the RSI indicator is growing again after a slight recovery, while the STOCH indicator exceeds the upper limit, which may slow down the current upward movement or result in a new rebound.
by cryptodailyuk
BTC 1HInterval Short-TermHello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the one-hour interval. First, we will use the blue lines to mark the local channel of the upward trend, in which the price tried to break out at the bottom, but quickly returned to the ongoing channel. Going further, we will use the Fib Retracement tool, and here we can see that the price decline was maintained by a strong support zone from $34923 to $34090, but now that the price has quickly rebounded, we should keep in mind the support at $36096, where the price can currently resist. Looking the other way, we will similarly check the current resistance points that BTC will have to face again in further increases. And here you can see that the first significant resistance should appear at the level of $36,777, and then the price will be able to move towards a strong resistance zone from the level of $37,326 to the level of $38,026. When we turn on the EMA Cross 10 and 30 indicator, we can see that the red ema corss 10 line is approaching the intersection of the green ema cross 30 line from below, which will potentially confirm the return to the local uptrend. Please pay attention to the CHOP index, which indicates that there is still some energy left for movement, the RSI indicator shows a dynamic increase with room for the price to go higher, but the STOCH index exceeded the upper limit, which may result in a local price recovery.
COINBASE:BTCUSD
by cryptodailyuk
1
BTC/USDT Short-Term Chart 1HHello 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 struggling to stay in the local horizontal trend channel. After unfolding the trend based fib extension grid, you can see a support zone just below the side trend channel from $26,113 to $35,711, and further decline may stop the support at $25,220. Looking the other way, a resistance zone has formed from $36,568 to $36,784, followed by a strong zone from $37,324 to $37,725. Looking at the CHOP indicator, we see that there is still energy for a decline, and the RSI indicator, similarly to the STOCH indicator, also shows room for a deepening downward move.
COINBASE:BTCUSD
by cryptodailyuk
BTC/USDT 1DInterval ChartHello everyone, I invite you to review the current situation on BTC in the USDT pair, taking into account the one-day time frame. First, we will use blue lines to mark the local upward trend channel in which the BTC price is moving at the upper limit. To check where we are, we will use the Fib Retracement tool. And here a strong resistance zone should be marked, which in the long term blocks the price from $35,677 to $41,195, what's more, it is also the upper limit of the currently marked channel, only after we exit this zone upwards, we should see it tested and then a possible upward movement towards resistance at $48,107. However, when this zone rejects the price and a larger correction begins, we may see the price return to the strong support zone from $32,715 to $29,404. only when the price breaks through the bottom, we still have the second zone from $24,119 to $20,285. After turning on the EMA Cross 50 and 200 indicator, it is clearly visible that the price remains in a very strong upward trend, although we may see a correction in the coming days. Please pay attention to the CHOP index, which indicates that energy is being collected again, on the RSI indicator we are moving at the upper limit, similarly to the STOCH indicator, which may also affect the price recovery after the recent increases.
by cryptodailyuk