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Trendanalyse

BNB Short-Term Chart 1HHello everyone, let's take a look at the BNB to USDT chart on a one hour time frame. As you can see, the price is moving above the local uptrend line. After unfolding the Trend Based Fib Extension grid, you can see the support lines at $252.6, and then there is a visible support zone from $247.9 to $245.8. Looking the other way, you can see that the price is approaching the resistance zone from $255.8 to $258, and then we have resistance at $261.3. Looking at the CHOP indicator, we see that there is still some energy left for the move, the RSI indicator shows an increase with room for the price to go slightly higher, but the STOCH indicator shows that the upper limit has been exceeded, which may result in a price recovery.
by cryptodailyuk
TOMO/USDT 4HInterval Chart ReviewHello everyone, I invite you to review the TOMO chart in the pair to USDT, as before on the four-hour interval. First, we will use the yellow line to identify a strong upward trend line, which, as we can see, the price has broken with a dynamic downward movement. At this point, however, it is worth adding a second line, thus defining the upward trend channel, in which, when we determine the height of the channel, we can see that the price drop is very close to the height of the channel itself. Going further, we can move on to marking support areas when we start a larger correction. For this purpose, we will use the Fib Retracement tool, based on the recent upward movement, we can see that the price has returned to a very strong support at the level of $1.15, which is trying to maintain the price, while we still have support at the level of $0.95. Looking the other way, we see that the price has a significant resistance zone on its upward path from $1.28 to $1.40, only later it will be able to move towards the very strong resistance at $1.73. Please look at the CHOP index, which indicates that most of the energy has been used, the RSI indicator has rebounded from the lower limit, but it is worth being careful whether it is a false break, because the STOCH indicator shows that there is still room for the price to go lower.
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by cryptodailyuk
ETH in an important resistance zone!As the second chart in today's review, we will check ETH against USDT, taking into account the four-hour time frame. First of all, we can use the blue lines to mark the downtrend channel from which we saw the exit at the top. Here we will start by unfolding the Trend Based Fib Extension tool in order to determine a strong resistance zone that has stopped the current strong price increase, the zone from $2089 to $2253, only an exit from this zone and a positive test of it can open the way towards the resistance at $2730 . However, if we look the other way, using the same tool we will determine price support locations. And here we will start by identifying the support zone from $1,980 to $1,884, but when this zone is broken, we may see a decline to the area of the second zone from $1,619 to $1,481. Index CHOP indicates that energy has been used. The RSI indicator and the STOCH indicator show that the upper limit has been exceeded, which may result in a price recovery after the recent increase.
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ETH/USDT 4HInterval Chart!Hello everyone, let's take a look at the ETH to USDT chart on a 4-hour time frame. As you can see, the price dynamically moved higher from the downward trend line. When we break down the saitke trend based fib extension, we will see a visible support zone from $1,924 to $1,844, and then we have a second zone from $1,716 to $1,626. Looking the other way, you can see a break through the resistance at $1,967, but at this point it is worth marking the zone from $1,969 to $2,047, only when the price tests it will it move towards the resistance at $2,241. Looking at the CHOP indicator, we see that the energy in this movement is running out, the RSI indicator shows that the upper limit has been touched, which has slowed down the current increase, and the STOCH indicator shows that the upper limit has been exceeded, which should result in a price recovery in the coming hours.
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DOT/USDT 4HInterval ChartThird, we will check the DOT chart on a four-hour interval. As we can see, the price has broken the downtrend lines, creating a current uptrend which we used the blue lines to describe. Let's start by marking support points for the price and we can see that first we have a support zone from $4.73 to $4.51, however, if the price drops lower, we can see the price return to a very strong support zone from $4.15 to $3 $.89. 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 against a strong resistance zone from $4.92 to $5.29, and when it manages to break out of it, it will be able to move towards the resistance at $5.76. The CHOP index indicates that there is a lot of energy for movement, on the RSI indicator we are approaching the upper limit again, and on the STOCH indicator we will soon exceed the upper limit, which should result in a rebound for the price.
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BTC 1HInterval Chart 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 remains above the local downtrend line. After unfolding the Fib Retracement grid, you can see that the price maintains support at $35,244, then we have a strong zone from $34,513 to $34,124, which protects us from falling to the support level of $33,006. Looking the other way, you can see that the price has been rejected again by the resistance zone from $35,600 to $36,000, but when we come out on top, the price will be able to move towards the resistance at $34,162. Looking at the CHOP indicator, we see that there is a lot of energy to continue the movement, the RSI indicator shows a recovery, but there is still room for price declines, and the STOCH indicator is approaching the upper limit, which may result in a stronger price recovery.
by cryptodailyuk
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BNB/USDT Chart 4HIntervalHello everyone, I invite you to review the BNB pair to USDT chart. First, we will use the yellow line to determine the downward trend from which the price has moved upwards, moving into the upward trend channel, marked with the blue lines, in which the price moves at the upper limit of the range. Going further, we can move on to marking support areas when we start a larger correction. And here, first of all, we have a support zone from $240 to $231, but if the zone does not maintain support, we may see the price return to the area of the second zone from $217.5 to $207. Looking the other way, we see that the price is fighting in a strong resistance zone from $247 to $255, only when we break out of it and then it is positively tested, we should see a move towards the resistance at $277. When we turn on EMA Cross 50 and 200, we have clear confirmation of the return to a strong upward trend, which should now be watched to see how this indicator will behave further. Please look at the CHOP index, which indicates that the energy is approaching exhaustion, while the RSI and STOCH indicators show that the upper limit has been exceeded, which has stopped further price growth and should result in a price recovery.
by cryptodailyuk
BTC Dominance 4HInterval ChartHello everyone, I invite you to review the current situation of BTC's dominance over the rest of the cryptocurrency market. First, we will use the blue lines to define the upward trend channel in which we have been moving for a long time. Now we can move on to marking support areas in case the correction continues to deepen, to determine current supports we will use the Trend Based Fib Extension tool and here we can see the support zone from 52.54% to $52, where the price is currently located, however, we still have support at the level of 51.29%, and then we can see a quick decline to the support level of 49.27%. Looking the other way, we will determine resistance in a similar way. And here you can see that the strong zone from 53.20% to 54.35% reacted strongly to the dominance and rejected its increase, only when we go above this zone can we move towards strong resistance at the level of 57.65%. Please pay attention to the CHOP index, which shows that the current movement is running out of energy, the RSI indicator and the STOCH indicator show that we are exceeding the lower limit, which should stop the current downward movement.
CRYPTOCAP:BTC.D
by cryptodailyuk
BTC Short-Term 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 is trying to stay above the local downtrend line. After unfolding the Trend Based Fib Extension grid, we can see support at $34,690, and then we have a significant support zone from $34,243 to $33,924. Looking the other way, there is a resistance zone from $35,275 to $35,597, which is currently rejecting the price, while we still have resistance at $36,000. Looking at the CHOP indicator, we see that there is energy to continue the movement, on the RSI indicator we are near the middle of the range, while on the STOCH indicator we are at the upper limit, which may indicate a greater price recovery.
COINBASE:BTCUSD
by cryptodailyuk
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ETH/USDT Short-Term 1HHello everyone, let's take a look at the ETH 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 trend based fib extension tool, we can see a support zone from $1,790 to $1,776, and then we have a second zone from $1,753 to $1,737. Looking the other way, you can see that the price is fighting in the resistance zone from $1,798 to $1,811, while it may continue towards the second zone from $1,848 to $1,867. Please pay attention to the RSI indicator, which shows room for a price increase, but the STOCH indicator shows that the upper limit has been exceeded, which has stopped the current upward movement and may provide a rebound.
by cryptodailyuk
BTC 1H Interval Short-TermHello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price remains above the local upward trend line. When we spread the trend based fib extension grid, we can determine the support zone from $35,321 to $34,925, and then we have support at $34,264. Looking the other way, we have a visible zone from $35,785 to $36,003, and then we have a second zone from $36,233 to $36,562. Please look at the RSI indicator, which is moving in the upper part of the range, which may bring a price decline, while the STOCH indicator indicates that there is still some room for the price to recover.
by cryptodailyuk
XRP/USDT 1D Interval Chart Overview of the XRP pair to USDT chart, on a one-day time frame. First, the yellow line will mark the downward trend from which the price has moved into the sideways trend channel marked with blue lines. Moving forward, we can move on to marking support areas when the price starts to reverse. And here the most important support point is the zone from $0.50 to $0.46, which protects against a larger price drop. Looking the other way, we see that the price has reached an important resistance level at $0.62, which it has no strength to break yet. However, if we manage to break above this resistance, we can move further towards the strong resistance zone from $0.74 to $0.82. As we can see, the place where the red ema cross 10 line crosses the green ema cross 30 line from below confirmed the transition to a local upward trend. Please look at the CHOP index, which indicates that there is still some energy left for movement, on the RSI indicator we are approaching the upper limit, which may limit the room for further growth, the STOCH indicator also exceeds the upper limit, which may also result in a rebound of the current increase.
by cryptodailyuk
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BTC Short-Term 1HInterval ChartHello everyone, I invite you to review the current situation on BTC in the USDT pair, taking into account the one-hour interval. First, we will use the yellow line to mark the local upward trend line above which the price is staying. At this point, it is also worth marking the side trend channel with the blue lines where the price is in its upper part. Now we can move on to marking support areas when the correction begins to deepen. And after unfolding the Fib Retracement grid, we can see that we are currently in the support zone from $34,516 to $34,304, but when the price breaks down, we still have a second important zone from $33,959 to $33,716, and then support at the lower border of the channel at $33,402. Looking the other way, in a similar way, using the same fib retracement tool, we can determine the places of resistance. First of all, we will mark an important resistance zone from $34,746 to $35,109, which for now discourages any attempt to increase, but when we manage to come out on top and then test it positively, we will move towards the resistance at $36,164, only when the price overcomes it. it will go further towards $40,000. Please pay attention to the CHOP index which indicates that there is still energy to make a move, on the RSI indicator we are moving in a sideways trend near the middle of the range, while on the STOCH indicator the current price drop brings the indicator closer to the lower limit, which may result in a renewed trying to increase the price.
by cryptodailyuk
MATIC/USDT 1DInterval ReviewI invite you to review the MATIC chart in pair with USDT. First, we will use the blue lines to mark the upward trend channel from which the price broke out, creating a downward trend channel in which we could currently see the price leaving it with a sideways movement. When we unfold the Fib Retracement grid, we can see that the price remained at the upper limit, a very strong fundamental support zone from $0.58 to $0.31. Looking the other way, we can see a significant resistance zone from $0.74 to $0.90, only after we break out of it and then test it positively will we be able to see a further upward movement towards the second zone from $1.15 to $1, $33. Please look at the CHOP index, which indicates that most of the energy has been used, while the RSI and STOCH indicators show that we are moving at the upper limit, which may negatively affect the price and provide a rebound in the coming days.
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by cryptodailyuk
BNB/USDT 1DInterval ChartHello everyone, I invite you to review the BNB chart in pair with USDT, also on a one-day time frame. First of all, we can use the yellow line to mark the downward trend line from which the price went up. 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, first there is a support zone from $224 to $220, but then we can see a decline to the very strong zone from $209 to $202. 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 rejected by the resistance zone from $231 to $238, only when we break above it will we move towards the resistance at $248. When we turn on EMA Cross 50 and 200, we can see that we are still in a strong downtrend, staying below the blue line of EMA Cross 200. The CHOP Index indicates that there is still energy left for a move. On the RSI, we are moving in the upper part of the range, but when we look at the STOCH indicator, the visible rebound creates room for a potential further price increase.
by cryptodailyuk