XAU NEAR FUTURE PREDICTIONS(DailyChart)Technical Analysis Summary
XAU/USD
TREND ANALYSIS
We have 1 Uptrend Trend in Green (Long Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White Levels are levels that represent tight stoplosses or support and ressitance levels from the past to show old publications.
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Daily review of ETH interval 4HNow let's move on to the ETH chart, but this time we will check what the situation looks like considering the one-day interval. Let's start by marking with a yellow line, the uptrend line that the price has broken below.
Let's move on to identifying the places of support for the ETH price, if the correction is deepened. As we can see with the Trend Based Fib Extension tool, the first support in the current situation is at $1507, the second support is at $1401 and the third support is at $1294.
At this point, it is also worth paying attention to the EMA Cross 10 and 30, as we can see the EMA Cross 10 crossed the green EMA Cross 30 lines from above, which confirmed the entry into the local downtrend.
Now we can move on to checking the resistances that ETH will have to face in order for the price to continue to grow. As with support, we will use the Trend Based Fib Extension tool and here we have the first resistance at the price of $ 1561, which rejects the price, then we can mark the resistance zone from $ 1607 to $ 1659, when the zone is broken and positively tested, we will be able to go towards resistance at $1697 and then $1804.
Going further, it is worth looking at the volume where we see a significant predominance of red candles, which indicates greater power on the part of the sellers.
The CHOP index indicates depleted energy, the MACD indicates a local downtrend, while the RSI shows a strong rebound, we are currently moving at the lower limit, which may indicate a temporary sideways trend or a temporary price increase.
Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on the four hour timeframe. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $1612, if the support is broken then the next support is $1590, $1569 and $1539.
Now let's move to the resistance line, as you can see the first resistance is $1628, if you manage to break it, the next resistance will be $1653, $1675 and $1696.
Looking at the CHOP indicator, we see that there is a lot of energy for the next move in the four-hour interval, the MACD indicates a local downtrend, while the RSI also shows a rebound.
ADA/USDT 1D INTERVAL - resistance and supportHello everyone, I invite you to review the ADA chart in pair to USDT on a one-day interval. Let's start by marking the downtrend line that the price is currently trying to break, while locally we can mark the uptrend.
Now let's look at where the price will meet resistance on further increases, once we cross the downtrend lines, we can see resistance at $0.41, second resistance at $0.47, third at $0.52 and fourth at $0.59.
Looking the other way, in the same way we can mark places that will support the ADA in the event of a larger price correction. And here we will start by marking the support zone from $0.35 to $0.33, if the price falls below the second zone is from $0.31 to $0.30, while the third support zone is from $0.27 to $0.24.
It is worth looking at the EMA Cross 10 and 30, which indicate the place of entry into an uptrend and confirmation of staying in this trend.
The CHOP index indicates that we have more and more energy for the upcoming move, the MACD confirms the upward trend, while the RSI, despite the correction, has returned above the upper limits of the range, so be careful before a possible correction.
BNB / USDT 1D INTERVAL, Support and ResistanceHello everyone, welcome to the BNB to USDT chart review on a four-hour time frame. We will start by drawing the downtrend line that the price has broken above, then we can mark the local uptrend line with the yellow line.
Now let's move on to determine the support that the price has in case of declines, and here we can see that the first support is at $292.2, when the support is broken, the next support is at $278.4, the third support is at $267.5, then we have a strong support zone from $256 to $240.
Looking the other way, it is worth checking what resistances the BNB price has to overcome on its way, and in this situation we see that the price is struggling to break the first resistance at $307.5, when it breaks it we have resistance at $331.4, and then $361.8.
It is worth looking at the EMA Cross 10 and 30, because we can see that for a while we could see a change in the trend, but we quickly returned to the uptrend.
The CHOP index indicates that we have a lot of energy for the next move, the MACD indicates a local uptrend, while the RSI, after a correction, returned to the upper part of the range.
Daily review of ETH interval 1DHello, I invite you to review ETH to USDT, on a one-day interval. let's start by drawing a downtrend line, which as you can see, the price has broken, then we will mark the local uptrend line, above which the price is currently moving.
Now as we can see, the price rebounded from the resistance at $1683, only when the price breaks it will move towards the resistance at $1795 and then to the resistance at $2032.
Looking the other way, it is worth determining the levels of support for ETH in the event of a correction. And as you can see, we have the first support at $1539, if the price goes lower we have another support at $1451, $1378, and then we have a strong support zone from $1307 to $1203.
Further, we can see that the CHOP indicator indicates that the energy is starting to rebound, the MACD, despite the correction, indicates an uptrend, while the RSI, despite the rebound, indicates that we are above the upper range, which may cause the price to correct.
Daily review of BTC interval 1DHello everyone, I invite you to update the BTC chart in pair to USDT, on a one-day interval. As we can see, the price has broken the downtrend line, and now we can use the yellow line to mark the local uptrend line.
As we can see, the price has overcome a strong resistance at $ 21,500, while currently BTC is fighting to maintain the level of $ 22,817. Only when it manages to hold, we will see a try of an attack on the resistance at the price of $25,206.
Now let's move on to marking support for the price. And as you can see, the previously overcome resistance at $21,500 is now a strong support for the price. If the support is broken, the next resistance is at $20,367 and $19,417. Looking further, we can mark a strong support zone from $18,498 to $17,150, to which the price may fall in the event of a correction.
Please pay attention to the EMA Cross 10 and 30, which all the time indicate an ongoing uptrend.
The CHOP index indicates that the energy is exhausted and is slowly starting to rise, the MACD confirms the ongoing uptrend, while the RSI is moving above the upper range, which may indicate an upcoming correction.
Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support at which the price is currently located is $1612, if the support is broken then the next support is $1594, $1571, $1503.
Now let's go from the resistance line, as you can see the first resistance is $1645, if you manage to break it, the next resistance will be $1672, $1692, $1713.
Looking at the CHOP indicator, we see that the energy is slowly gaining strength in the 4-hour interval, the MACD indicates entering a local downtrend, while the RSI has a nice rebound, which may give room for new increases.
Daily review of BTC interval 1DHello everyone, let's look at the BTC to USDT chart on a single day timeframe. As you can see, the price has broken the downtrend line.
Let's start by marking the resistance at $23,146 which as you can see, the price has broken and is now struggling to get it, the next very strong resistance is at $25,177.
Now let's move on to the support line and as you can see the first support in the near future is $21533, if the support is broken then the next support is $20373, $19438 and $18503.
Looking at the CHOP indicator, we can see that the energy has been used for recent increases, the MACD confirms the uptrend, while the RSI is moving above the upper range, so watch out for a correction.
ATOMUSDT 1D Interval ReviewAs the last in today's review, we will check the ATOM chart, just like its predecessors, on a one-day interval. Let's start by marking the downtrend line that the price has to face, and then it is worth marking the local uptrend line that the price is currently moving above.
As for support, we see that we have the first support at $11.37, where the price has now completed a correction, the second support is at $9.99, and the third support is at $8.04.
Now, similarly, it is worth checking the resistances that the ATOM price has to face in the coming time. And here we see that the first resistance is at $12.82, the second resistance at $13.86, the third at $15.31 and the fourth very strong resistance at $17.19.
Next, it is worth paying attention to the EMA Cross 10 and 30, which, despite the correction, still show an upward trend.
On the CHOP index, we can see rising energy, MACD is on the verge of entering a downtrend, while on the rsi we have a nice rebound and a small increase, here it is worth noting that we are moving at the upper limit of the range in which you can often encounter a price correction.
MATIC / USDT 1D chart Resistance and SupportNow we will check the situation on the MATIC chart in pair to USDT, also on a one-day interval. at the beginning, let's mark with a white line, the main downtrend line, however, we can see that the price has broken the local downtrend line.
Now let's move on to checking where we currently have support for the price. And here we see that we first have a support zone from $0.93 to $0.81, if the price goes lower then the next support is at $0.70 and then $0.53.
Looking the other way, we can see that the price has bounced off an important resistance at $1.04, then there is resistance at $1.20 and $1.45.
Now look at the CHOP index, which indicates that the energy is starting to rise, MACD indicates that despite the correction, we are maintaining an upward trend, while the RSI shows a nice rebound, thanks to which we have a new place for growth.
Daily review of ETH interval 1DThe second in today's review will be the ETH to USDT chart on a one-day timeframe. As you can see, the price has broken the downtrend line and now we can mark the local uptrend line with the blue line.
Let's start with setting the support line and as you can see the first support is at $1483, the second at $1405, the third at $1342, and then we can mark the support zone from $1278 to $1189.
Now let's move on to the resistance line, as you can see the first resistance is $1551 which the price is currently fighting to hold, then we have resistance at $1664, third resistance at $1827 and fourth very strong resistance at $2032.
Looking at the CHOP indicator, we can see that after the recent increases, the energy is slowly gathering strength for a new move, the MACD indicates an ongoing uptrend, and the RSI could see a rebound, but we are still above the upper range, which may indicate a sideways move with small corrections.
EURNZD 400PIPS OPPORTUNITY EURNZD It reached a strong point of resistance where it was rejected,
which confirms a strong resistance.
The volume looks like it attracts sellers
It would be a better time to enter at the price of 1.6886/1.6878
Likes and comments if you want more trading setup. Thank you!
Daily review of BTC interval 1HHello everyone, let's look at the BTC to USDT chart on a one hour timeframe. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $20665, if the support is broken then the next support is $20482, $20338 and $20190.
Now let's go from the resistance line, as you can see the first resistance is $20878, if you manage to break it the next resistance will be $21174 and $21646.
Looking at the CHOP indicator, we see that in one hour interval, there is energy for further movement, the MACD indicates an uptrend, and the RSI has a small rebound and room for further growth.
TATAMOTORS- Shortterm Support BreakdownTata motors can give a breakdown from support within a 15-minute time frame. As we can see tata motors is trying to take a reversal from the Resistance level within the daytime frame, so there is a very high chance it can break down from its 15-minute time frame support level.
Entry Level:- Below @408
Stop Loss:- Above @412
Target Level:- 1:1 or 1:2
LTCUSDT 1D Interval - Resistance and SupportHello everyone, I invite you to review the chart of LTC in pair USDT, taking into account the one-day interval. As you can see, the price has been moving in the uptrend channel for a long time, but currently we can see that we are on the verge of exiting the downtrend channel.
In such a situation, it is worth marking the places of support for the price, and here we see that the first support has been broken, the second is at $80, the third is at $76, and the fourth is at $72.50.
Looking the other way, we see that the first resistance is again at $85, while once the price breaks it, the next significant resistance is at $100.
Please also look at the CHOP index, which indicates that the energy is slowly starting to grow, the MACD is close to indicating a downward trend, and the RSI has a rebound after almost a month's increase.
Daily review of BTC interval 4HHello everyone, I invite you to review the BTC chart taking into account the four-hour interval. As we can see, the price broke the downtrend line and went above the trend line.
Currently, BTC is fighting a strong resistance at $21,488, only when the price breaks above the indicated level, it will start moving towards the resistance at $23,145, and then to the resistance at $25,221.
Looking the other way, it is worth marking support areas when the price starts to fall. And here we can mark the level of $20039 as the first support, then we have support at $19166 and $18448, then there is a strong support zone from $17749 to $16759.
However, here it is worth taking a closer look at the formed formation called Rising Wedge, which, unfortunately, is characterized by leaving the formation with a downward move.
In such a situation, we can mark the places of stoploss and entry into a possible position and the possible target to be achieved.
It is worth remembering that leaving the indicated formation usually takes place after a failed fourth attempt to break up.
As we can see, the CHOP index indicates that we have a lot of energy for a new move, the MACD indicates a local downtrend, while the EMA Cross 10 and 30 indicate that we are in an uptrend.
XRP - USDT on 1D interval Resistance and SupportAs the last one in today's chart, we have the XRP to USDT chart on a one-day time frame. As we can see, we are just below the downtrend line, which XRP is clearly trying to break.
What's more, we can see a rounding bottom formation formed, which after positive resistance testing is characterized by an upward exit, in this situation we need to positively test resistance at $0.39, then we can see resistance at $0.43, then a strong resistance zone from $0.46 up to $0.50.
However, if it happens that the price does not follow the formation and our expectations, we can observe a correction in this situation, we have the first support at $0.38, the second at $0.37, and then the support zone from 0.35 to $0.34.
On the volume, we can see a definite advantage on the buyers' side, which is positive news for us. The CHOP index indicates that the energy is starting to gather strength, the MACD confirms the uptrend, but the RSI is moving at the upper end of the range, which may indicate a moment of rebound before further growth.
BNB / USDT 1D INTERVAL, Support and ResistanceHello everyone, welcome to the chart review of BNB vs USDT on a single day timeframe, as we can see the price of BNB, which previously formed a rounding bottom pattern, in line with the pattern, came out above breaking the resistance level.
As we can see, the exit level of the rouding bottom in this situation is the first price resistance we are fighting, then we have the resistance at $309 and $331, which can be targeted in the event of a positive exit from the top of the pattern.
However, should the price rebound from the $290 level, we can mark several support areas, starting at the $275 level, then $265, $256 and the strong support zone from $247 to $238.
The CHOP index indicates depleted energy, the MACD confirms an uptrend, the RSI is moving at the upper end of the range, however when we look at the EMA Cross 10 and 30, we can see that the 10 has crossed the 30 from the bottom, which is confirmation of an uptrend.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As we can see, the price has spectacularly left the downtrend line, recording a 30% price increase in recent days.
When we use the Fib Retracement tool, we can see that key levels like 1, 1.618 Fib, are easily broken, the next significant level is at 2.618 Fib, but before that price must break through the resistance at $21,476.
However, we have the first support at the price of $ 20,101, then at $ 19,368, and below the support zone from $ 18,773 to $ 18,177.
Looking at the CHOP indicator, we see that any collected energy is quickly used for growth, and similarly, on the RSI indicator, despite crossing the upper range, the smallest rebounds are used for price growth.
DOT / USDT 4H CHART - Resistance and SupportHello everyone, I invite you to review the DOT/USDT chart, on a four-hour interval. Let's start by marking the downtrend channel with the blue lines, as we can see, we are close to the third attempt at an uptrend from the channel as the price has bounced off this border twice already.
However, here we can also see a rounding bottom pattern formed, which may help change the current trajectory of the move in this situation. When the price positively tests the current resistance level, we should see an upward move.
As for the support that is relevant at the moment, we should mark the support zone from $4.76 to $4.22.
However, when the price retests the first resistance and we move further up, the price will have to break the resistance zone from $5.43 to $5.80, only then we will move towards $6.18.
When we look at the EMA Cross 10 and 30, we see that the red line has crossed the green one from below, which is a confirmation of the price increase signal, but it should be watched for a false breakout.
BNB / USDT 1D INTERVAL, Support and ResistanceI invite you to update the BNB/USDT chart on a 1-day interval. As we can see, we are at the stage of testing the exit level from the rounding bottom pattern. It's worth watching what happens at the moment, because it could potentially be a good time to try to trade the position with a proper stop loss.
As we can see, the exit level of the rouding bottom in this situation is the first price resistance we are fighting, then we have the resistance at $309 and $331, which can be targeted in the event of a positive exit from the top of the pattern.
However, should the price rebound from the $290 level, we can mark several support areas, starting at the $275 level, then $265, $256 and the strong support zone from $247 to $238.
The CHOP index indicates depleted energy, the MACD confirms an uptrend, the RSI is moving at the upper end of the range, however when we look at the EMA Cross 10 and 30, we can see that the 10 has crossed the 30 from the bottom, which is confirmation of an uptrend.