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Trendanalyse

BNB/USDT 4HInterval Resistance and SupportI invite you to review the BNB chart on a four-hour interval. As we can see, the price is moving in the uptrend channel, marked with purple lines. Let's start by marking the support spots for the price and we see that we first have support at $ 336.8, but if the price goes lower, we have a support zone from $ 332 to $ 328, then support at $ 323.5 and another support at a price of $ 317.4. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price has now rebounded from the resistance at $ 346.2. We continue to have strong resistance at $ 354.8, once the price breaks it it will move towards the resistance at $ 365.4. The CHOP index indicates that the energy has been used up, the MACD indicates that the uptrend is maintained, while the RSI is moving at the upper limit of the range, which may slow down the current movement.
by cryptodailyuk
Daily ETH 4HChart - resistance and supportHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. First, we will use the purple lines to mark the local uptrend channel. Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark support, and as you can see, we have the first support at $ 1912, then it is worth marking a strong support zone from $ 1850 to $ 1771, which has already held the price once, but when the price drops below this zone, we can see a strong drop in around $1536.. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we see that the price is in front of the first strong resistance at $1984, then we have a strong resistance zone from MYX:MBRIGHT to HKEX:2189 , only after breaking it will we move towards the resistance at TADAWUL:2280 and then to the level of $2409. The CHOP index indicates that the energy has been used. The MACD indicator confirms the current uptrend. On the other hand, on the RSI we see a strong increase that reaches the upper limit, which may affect the stop of the current movement.
by cryptodailyuk
USD/JPY Potential Forecast|HTF Analysis| Wednesday 26 April 2023Hi everyone! -So the price on USD/JPY is telling us that we are currently in a bullish trend. -USD/JPY have liquidity and imbalances below him so its the most probability that the price is going to grab them before moving up. -Keep that in mind that not every huge poi will hold some of them will hold some of them will not but always ask yourself why did that poi hold and another don't. -If the POI get respected and bounce from it look for confirmations and then enter.
by forex_with_quality
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart looking at the time frame of four hours. As you can see, the price has fallen below the uptrend line. Let's start with the support line and as you can see the first support in the near future is TSE:1770 , however when the support is broken we can see the price return to around $1538. Now let's move to the resistance line, as you can see the first significant resistance is TSE:1981 , if you manage to break it, the next resistance will be HKEX:2096 and $2186. Looking at the CHOP indicator, we see that there is a lot of energy on the short time frame, the MACD indicates a local uptrend, while the RSI is at the lower end of the range, which may indicate a local sideways trend and the approaching end of the correction.
by cryptodailyuk
BNB/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the chart of BNB in pair to USDT, on a one-day timeframe. First, we will use the blue lines to mark the uptrend channel in which the price is moving. Going further, we can move on to marking the places of support in the situation of returning to the correction. And here, the first support is at $ 320, the second support is at $ 300.2, the third support is at $ 284.8, and then we have strong support at $ 269.4. Looking the other way, we see that the price is testing the resistance area at $ 330.2. If it is successfully tested, the price may move towards the resistance at $ 359.6 and further to the resistance around $ 398.6. Please look at 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, despite the recent rebound, remains at the upper end of the range, which may lead to a price correction.
by cryptodailyuk
Daily BTC 4HChart REVIEWHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the interval of four hours. First of all, we will use the yellow line to mark the uptrend, as we can see that the price has now gone a little below. Next, using the blue lines, we will mark the local downtrend channel in which we are currently moving. Now we can move on to marking support areas in case the correction starts to deepen further. And here, in the first place, it is worth marking a strong support zone from $ 27566 to $ 26637, however, when we fall below this zone, we can see a drop to around $ 25398, and then a strong drop to around $ 21868. Looking the other way, in a similar way, using the trend based fib extension tool, we can determine the places of resistance. First, we have a significant resistance at $ 29672, when we manage to break it, second strong resistance at $ 31385, then third resistance at $ 32747. Now let's look at the Cross 10 and 30 EMAs which indicate that we are in a local downtrend. At this point, however, it is worth looking at the EMA Cross 50 and 200, we should watch if the yellow EMA Cross 50 line crosses the blue line from above, which could indicate a return to a long-term downtrend. Please pay attention to the CHOP index which indicates that a lot of energy has accumulated, the MACD indicator indicates a local uptrend. On the other hand, on the RSI, we can see that we are moving at the lower limit, which gives the chart a local sideways trend and moments of respite.
by cryptodailyuk
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Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As we can see, the price has fallen below the uptrend line. Let's start with the support line and as you can see the first strong support is at $ 26656, if the support is broken then the next support is $ 25281, $ 23929 and $ 21967. Now let's move to the resistance line, as you can see the first significant resistance is $ 29813, if you manage to break it the next resistance will be $ 31503 and $ 32856. Looking at the CHOP indicator, we see that the energy is charged on the short interval, the MACD indicates a return to the local uptrend, while the RSI after a strong rebound we have a slight increase.
by cryptodailyuk
XAU/USD Potential Forecast|HTF Analysis| Monday 24 April 2023-Huge Demand zone on XAU/USD can correct the trend and continuous to shift bullish. -Gold have a lot of liquidity and imbalance below him so that will be the most optimal thing to grab before moving up -Keep that in mind that this poi can be respected or it cant be I am saying that because smc cant always work there is no 100% strategy in Forex market, there is no correct way of trading. -If the POI get respected and bounce from it look for confirmations and then enter. I wish you good luck.
OANDA:XAUUSDLong
by forex_with_quality
MATIC/USDT 1DInterval ReviewHello everyone, let's look at the MATIC to USDT chart on a one-day time frame. As you can see, the price is holding just above the uptrend line. Let's start with the support line and as you can see the first support in the near future is $0.95, if the support is broken then the next support is $0.80, $0.58 and $0.31. Now let's move to the resistance line, as you can see, the first resistance is $1.03, if the price breaks it, the next resistance will be $1.20, $1.43 and $1.75. Looking at the CHOP indicator, we see that most of the energy has been used, the MACD indicates entering a downtrend, however, we see a strong rebound on the RSI, which may indicate that the support point on the trend line may end the correction.
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by cryptodailyuk