BNB/USDT 1D Long TimeBNB is fighting to break out of the falling channel on top, it is currently struggling with the upper limit of a specific channel, as you can see, breaking out of the downtrend line with the top gave a strong upward signal.
Resistance lines are visible just above the upper border of the downtrend channel, while the next significant resistance levels are $666 and $724.
However, if the price is rejected and we experience declines again, we can see the first support zone from $564 to $544, then we have support at $509, and then the second very strong zone from $486 to $454.
Trendanalyse
BTC/USDt 1DInterval ChartHello everyone, let's take a look at the BTC to USDT chart on a one-day time frame. As you can see, the price is moving above the local downtrend line. It is worth mentioning the downward trend channel in which we have been operating for a long time.
You can currently see a slowdown in the growth in the first resistance zone, where the price is fighting to go higher, but even if this happens, there is a very strong zone from $68,112 to $72,072 which keeps the price from further increases to around $83,500.
In a situation when the zone recedes the current increases, we may see a reaction again, and the first support is visible at the level of $62,174, then the second one around $58,921, and then we have a strong support zone from $56,588 to $53,477.
FTM/USDT 1D Interval Hello everyone, I invite you to review the FTM chart in pair with USDT on a one-day time frame. Let's start by identifying the main downtrend channel in which the price is systematically falling with the blue lines. However, locally we can also determine a downward trend line, which currently shows how the price is struggling to go higher.
Going further, we can see how strongly we are approaching a very important support point, which is currently the main support for the price at $0.31.
Looking the other way, it is worth determining the resistance that FTM must face. And here you can see how we are approaching the resistance zone from $0.52 to $0.61, then there is strong resistance at $0.75, and then the price will have to face a very strong resistance zone from $0.84 to $0.97.
It is worth looking at the RSi indicator here, where we can see a reflection from the lower border with room for continued growth, but here we can see how there is currently a fight to maintain the place where we could repeatedly observe reflections in one and the other direction.
DOGE/USDT 1DintervalHello everyone, I invite you to review the chart of DOGE in pair with USDT on a one-day time frame. Let's start by defining the falling triangle in which the price is moving using the yellow lines. You can see here how the downtrend is starting to gather divergences.
Going further, we will mark support lines and as you can see, currently the price remains at a strong support level of $0.105, but if we start to fall further, the next support is at $0.086, then at $0.074 and then $0.061.
Looking the other way, we can similarly determine resistances, as you can see, we should encounter the first resistance at the level of $0.124, then around $0.144, then there is a strong resistance zone from $0.16 to $0.177, only after breaking above this zone the price will could continue to grow.
Looking at the RSI indicator, you can see how an upward movement does not result in price increases, while a downward movement of the indicator gives a greater reaction, which may lead to another attempt at declines.
Is LTC approaching a trend reversal?I invite you to check the situation of LTC in pair with USDT on a one-weekend basis.
We see on the chart that the price is at the intersection of two lines, an upward trend line and a downward trend line. These are the two main trend lines that have currently formed a triangle from which the price will choose the direction of movement.
Locally, we can see a sideways trend channel with smaller and smaller lows.
The RSI indicator shows that we have approached the place where we could previously observe price rebounds, the STOCH indicator looks similar, but here we can see a movement at the lower limit, which may translate into an upward movement.
Moreover, the chart shows how the price remains in a strong support zone, which may also influence the upcoming rebound towards the designated resistances.
Will BTC hold up for collection?Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As we can see, the price remains at the upper limit of the downtrend channel
Let's start by determining the support line and as you can see, the first support on which the price is based is $66,150, if the support is broken, the next support is $62,510, then at $59,824, and then the fourth very strong support at the lower border of the channel at $56,532 .
Looking the other way, there is significant resistance at $68,248, and then just above the downtrend channel, there is a strong resistance zone from $72,012 to $74,000.
There is a visible downward trend on the RSI indicator, and each rebound gives room for another price drop, while on the STOCH indicator we remain at the lower limit, which should help maintain the price.
Bitcoin New Update
Next Best Current Support Is Between ($64500 - $66600)
BreakDown Will Lead A Flash Crash Till $60K With A Possible Wick
Holding The Support Can Test The ATH($73777) Again
Till Then,
Make Sure To Use Proper StopLoss Bitcoin (Update)
Next Best Current Support Is Between ($64500 - $66600)
BreakDown Will Lead A Flash Crash Till $60K With A Possible Wick
Holding The Support Can Test The ATH($73777) Again
Till Then,
Make Sure To Use Proper StopLoss
BNB/USDT 4HInterval Chart ReviewHello everyone, let's take a look at the MKR to USDT chart on a 4-hour time frame. As you can see, the price broke sideways from the downward trend line.
Let's start by determining the support line and as you can see, the first support in the near future is $2,658, if the support is broken, the next support is $2,274 and $1,777.
Now let's move on to the resistance line, as you can see the first resistance is at $3,023, if you manage to break it, the next resistance will be at $3,438, then at $3,727 and then at $4,105.
Looking at the RSI indicator, you can see that we are approaching support, which may result in another attempt to rebound the price, and the STOCH indicator shows that there is still some room left to go down before it increases again.
BNB 4HInterval Chart ReviewHello everyone, let's look at the 4H BNB to USDT chart, in this situation we can see how the price is moving in a sideways trend channel, staying below the local downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = USD 579.2 at which the price struggles
T2 = $605.9
T3 = $623.6
AND
T4 = $648.3
Now let's move on to the stop-loss in case of further market declines:
SL1 = $570.1
SL2 = $539.4
SL3 = $518.2
AND
SL4 = $491.50
Will BNB maintain current resistance?Hello everyone, let's look at the 4H BNB to USDT chart, in this situation we can see how the price is moving in a sideways trend channel, staying below the local downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = USD 579.2 at which the price struggles
T2 = $605.9
T3 = $623.6
AND
T4 = $648.3
Now let's move on to the stop-loss in case of further market declines:
SL1 = $570.1
SL2 = $539.4
SL3 = $518.2
AND
SL4 = $491.50
Looking at the RSI indicator, we can see that there is still room for price movement down, but when we look at the STOCH indicator, we can see that it has returned to the lower border of the channel, which may slow down the price decline.
Will BTC break through the resistance?Hello everyone, let's look at the 1D BTC to USDT chart, as we can see the price is moving in a downtrend channel, where we are currently close to the middle of the channel where the price has encountered strong resistance.
Let's start by setting goals for the near future, which include:
T1 = $64,088
T2 = $66,151
T3 = $69,473
T4 = $72,895
AND
T5 = USD 76,015
Now let's move on to the stop loss in case of further market declines:
SL1 = $58,351
SL2 = $54,678
SL3 = $51,709
AND
SL4 = $48,237
The RSI indicator shows an upside from the first downward trend line, and there is still some space left to the second line, while the STOCH indicator remains near the middle of the range, also above the downward trend line, which may push the price higher.
ETC fights against resistanceHello everyone, let's look at the 4H ETC to USDT chart as we can see that the price is moving in a downtrend channel.
Let's start by setting goals for the near future that we can include:
T1 = $28.51
T2 = $29.92
T3 = $31.92
T4 = $35.08
AND
T5 = $37.63
Now let's move on to the stop loss in case of further market declines:
SL1 = $22.82
SL2 = $20.04
AND
SL3 = $18
Looking at the RSI indicator, you can see a sideways movement near the middle of the range, while the STOCH indicator started to reverse from the middle of the range.
DOT/USDT 4HIntervalHello everyone, let's look at the 4H DOT to USDT chart, as you can see the price is moving in a sideways trend channel where it is holding at the upper part of the range.
Let's start by setting goals for the near future that we can include:
T1 = $7.51
T2 = $7.92
T3 = $8.40
AND
T4 = $9.08
Now let's move on to the stop loss in case of further market declines:
SL1 = $6.82
SL2 = $6.45
SL3 = $6.19
AND
SL4 = $5.85
The RSI indicator shows how we have bounced off the trend line, while the STOCH indicator remains at the upper limit, which may also indicate an attempt at price recovery.
BTC is dragging down, what's next for ETHHello everyone, let's look at the 4H ETH to USDT chart as we can see that the price is moving in a downtrend channel where we could see a bottom breakout from the local uptrend channel.
And here the decline itself after leaving the rising channel, reached the 0.318FIB level at the price of $3020, which has just been broken, then there is strong support around $2805, then $2657, and then right at the lower border of the downtrend channel the support level of $2475 .
Looking the other way, when the price starts to change the direction of movement, resistance is visible at the level of $3160, then the levels of $3270, $3356, $3468 are important, which is already above the upper limit of the downward trend channel, thanks to which the price will be able to increase to the area $3,770.
Looking at the RSI indicator, you can see how energy is being collected and here we are approaching the lower limit, which can affect the trend and reverse it, also the STOCH indicator shows how the energy in the downward movement is exhausted, which may result in maintaining the price or an attempt to change the trend when BTC maintains the price .
BNB/USDT 4HInterval Chart ReviewHello everyone, I invite you to a quick review of the BNB to USDT pair chart, taking into account the four-hour interval. As we can see, the price has broken down from the upward trend line, and now we can see that a local downward trend channel has formed.
Please note how the price remained in the support zone from $589 to $576, if this support was broken, the support level is still visible at $556 and then around $523.
Looking the other way, there is a significant resistance zone from $601 to $606, then the price must go up through the resistance at $621, which will open the way towards $645.
When we look at the RSI indicator, we will see a movement in the side trend channel, where we have bounced off the lower border, while the STOCH indicator indicates a potential upward movement, the beginning of which is visible on the chart.
SOLUSDT 1HInterval ChartHello everyone, let's look at the 1H SOL to USDT chart, as we can see the price has entered a sideways movement and is breaking sideways from the local downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = $154
T2 = $162
T3 = $168
AND
T4 = $175
Now let's move on to the stop-loss in case of further market declines:
SL1 = $142
SL2 = $137
SL3 = $130
AND
SL4 = $112 - $105
When we look at the RSI indicator, we will see that we are bouncing off the downward trend line, but we can see that the lateral price movement results in an increase in the indicator, which may again translate into an attempt to drop the price.