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BTC/USD 4H Chart Review1. Growth channel (orange lines) • The price moves inside the growing channel. • Currently testing the upper part of this channel → potential resistance. 2. Horizers of support and resistance (red and green lines) • Support: • $ 111 632 • 110 019 $ (key support, breaking down can deny an upward trend). • resistance: • $ 113 255 (local, currently tested). • 115 197 $ • 117 416 $ (strong target resistance in the channel). 3. STOCHASTIC RSI (bottom of the chart) • The oscillator is in the bribe zone (80-100) → possible short -term withdrawal. • But - if the upward trend is strong, the indicator may remain in this zone for a long time. ⸻ 📊 Scenarios • Bull (continuation of the trend): • Benefinage above 113K and a breakdown of 115.2k → opens the road to 117.4k. • The growth channel acts as a guide - as long as the lower line is maintained, the upward trend continues. • Bear (correction): • Rejection from 113–115K with a simultaneous signal with RSI → decrease towards 111.6k. • If 111.6k falls, the goal is 110k. ⸻ ⚠️ Applications • The short -term market looks bought (Stoch RSI), so the correction cannot be ruled out. • medium -term - as long as the price stays in the growth canal and above 111K, the advantage is on the buyers' side. • Key level for observation now: 113K -115K. Breaking up = continuation, jet = correction.
COINBASE:BTCUSD
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SOL/USDT 4h chart 1. Trend: • The price was bounced off from the yellow growth line, but it just pierced it down. This is the first signal of buyers' weakness. 2. Support (red lines): • $ 200 - psychological level, just tested. • 193.6 $ - stronger support if the current one cannot withstand. • 187.4 $ - even lower, bull defense limit. 3. Resistance (green lines): • $ 206.9 - the first greater resistance to come back up. • 214.7 $ - stronger, where there were reflections before. • $ 220.5 - main resistance, heavy to punctures. 4. Stoch RSI (downstairs): • It is low → the market looks sold out, which means that there may be a chance to reflect, but there is no reversal signal yet. ⸻ 👉: Sol has lost his growth line and is now fighting to stay $ 200. If it falls lower, subsequent stops are $ 193 and $ 187. Only breaking over $ 207–214 will show the strength of buyers.
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BNB/USDT 4H chart1. Trend • There is a clear yellow inheritance trend on the chart - the price has been moving under it for a long time. • Currently, the course is testing this line - that is, we are at which it is possible to either break up the mountain or another reflection down. ⸻ 2. Key levels • Resistance resistance: • 856 USDT (SMA - green line, short -term resistance). • 865 USDT (last local peak, additional psychological resistance). • Support (Support): • 849 USDT (red SMA #1). • 843 USDT (horizontal support). • 835 USDT (stronger support, marked in red). ⸻ 3. Indicators • SMA - the price is between short -term (red) and medium -term (green) average walking. This is a consolidation signal. • MacD - the blue line pierces the orange from the bottom, the histogram begins to shine green → a sign of potential growth. • RSI - around 45–50 → neutral, shows neither a sale nor buying out. It indicates the possibility of both directions. ⸻ 4. Possible scenarios • bullish (upward): • If the price stands out above 856–865 USDT and persists, a possible level of 880 USDT levels. • Confirmation will be further strengthening MacD and RSI going towards 60+. • Bear (inheritance): • If the course is rejected from the trend line, the decline may go down to 843 USDT first, and in case of puncture - up to 835 USDT. • RSI Congress below 40 and MacD reversing down will confirm their weakness. ⸻ ✅ Summary: BNB is now in the decision zone - it tests the downward trend line and key resistance at 856–865 USDT. MacD suggests that bulls are trying to take the initiative, but RSI is still neutral. If the mountain is broken, the movement can be dynamic. If rejection - descent to 835 USDT very real.
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BTCUSD 4h short-term📊 Trend and structure • You can see the price output from the downward channel (orange trend lines). This is a signal of a potential change of trend. • The price currently oscillates around USD 112,200, i.e. above several key supports (109,000 - 111,000). • The nearest strong resistance is around 113,450 - 114,955 USD (marked with green lines and average SMA). ⸻ 📈 indicators • MacD: MacD (blue) line pierces above the signal (orange) and the histogram grows in the plus → it is a growth signal. • RSI: ~ 60, i.e. it grows, but is not yet entering the purchase zone (> 70). There is still room for increases. • SMA: • Price has pierced short -term medium (red and green lines, ~ 109–112k), which works as support. • The next key test is SMA around $ 114,955 - a puncture could open the road to 116–118k. ⸻ 🔑 key levels • Support: • 111.014 • 109.023 • 107.580 • resistance: • 113,450 • 114,955 • 116,000+ ⸻ 📝 Summary • short -term (4h) - signals are upward: breaking from the downward channel, positive MacD, RSI is growing healthy. • Bull scenario: Breaking above 114,955 opens the way to 116–118k. • Bear scenario: unsuccessful puncture 113,450/115K → possible retest support at 111K and 109k.
BITSTAMP:BTCUSD
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ETH/USDT (4H) 1. Trend • The price is in the downward channel (designated orange lines). • The last candle tests the lower restriction of the channel → Possible reflections or breaking down. 2. Horizers of support and resistance • resistance (green lines): • 4,440 USDT • 4,382 USDT • Support (red lines): • 4,268 USDT (currently tested) • 4,247 USDT • 4,176 USDT • 4 090 USDT (stronger support) If 4,268 is pierced and maintained below, a further exit can be around 4 176–4 090. 3. RSI (Relative Strength Index) • Currently RSI oscillates below 50 → Bear advantage. • There is still a strong sale signal (<30), so theoretically there is still a space to decline. 4. Chop (Choppiness Index) • The indicator shows a fairly "jagged" market → no strong trend, but from the current context of more bear pressure. ⸻ 📊 Scenarios: • Bull (reflection): If the price stays above 4 268 and reflects from the bottom line of the channel → possible traffic towards 4 382 and 4 440. • Bear (continuation of declines): closing the candle 4h below 4,268 → a signal for further drop to 4 176 and even 4 090.
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BNBUSDT 4H Chart 1. Price structure • Current price: ~ 858 USDT • The price moves in the clinic in a lowering (yellow lines). Upper inheritance trend (~ 881) + lower growth line (~ 848). • We see consolidation - the market is "squeezed" between supports and resistance. 2. Horizers of support and resistance • Support: • 855 (local, this is where the price stopped) • 848 (Important - lower wedge + demand level) • 840 and 829 (key with a larger decline). • resistance: • 861 (first test, short -term) • 869 (stronger resistance, earlier reflections) • 881 (upper wedge line, strategic resistance). 3. Oscillators • RSI (Chop) - around 50, i.e. neutral → no clear advantage of bulls/bears. • STOCHASTIC RSI - is located at the bottom of the zone (approx. 20-25), which suggests the possibility of reflecting up (bull signal, but only after the candle confirmation). 4. Scenarios Bullish (reflection up): • If the price persists over 855–848 → possible reflection to 861 and 869. • Breaking above 869 → opens the road to 881 (Test of the upper line of Klina). • Only closure of the 4h candle above 881 → a signal of a kick from the wedge and a stronger upward movement. Bearish (continuation of the inheritance): • If the price drops below 848 and closes the candle at this level → strong inheritance signal, tarpapers: 840 and 829. • 829 is key support - its bursting down can deepen the declines. ⸻ 📊 Summary BNB is now in the Departing Clinic, in the uncertainty zone: • Maintenance 848–855 = chance of reflection. • Punction down 848 = signal to a stronger decrease. • Only breaking above 881 = signal of stronger growth movement.
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BTC/USD 4h Chart🔹 Trend and Price Action • There was a downward trend on the chart (orange trend line). • The price creates above the inheritance trend line, which is the first signal of the potential change of direction. • Currently, the course oscillates around USD 111.9. ⸻ 🔹 levels of support and resistance You have key zones marked: • resistance: • $ 112 236 (local resistance - the price is currently struggling with it), • $ 113 171, • 114 481 $. • Support: • 110 677 $, • $ 109 430, • $ 107 309 (stronger support). 👉 If the price lasts above $ 112 $ 236 - we can see the test 113-114K. 👉 If it does not pierce, possible retest 110.6k or lower. ⸻ 🔹 indicators • MacD - I see that the blue line cut the orange from below → Bycza signal (confirms the attempt to change the trend). • Stochastic RSI - is high (exit from the hole), but already close to the purchase zone → possible light withdrawal or consolidation before it moves further. ⸻ 🔹 Scenarios 1. Bull (more likely now): • Maintenance above 111.9k - 112.2k → Movement up to 113.1k and 114.4k. • Breaking 114.4k opens the way to 116K+. 2. Bear (if he doesn't beat 112.2k): • Rejection → descent to 110.6k. • Breaking 110.6k → test 109.4k.
COINBASE:BTCUSD
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XRPUSDT 4h chart📊 key levels • Resistance: • 3,3847 USDT (closest to strong resistance - earlier peaks). • 3,2337 USDT (local resistance, now supply zone). • Support: • 3,1374 USDT (next support, currently tested). • 2,9812 USDT (strong support, defense of buyers). • 2,7390 USDT (key support below, loss = Possible strong descent). ⸻ 📈 market structure • The price is currently 3,0937 USDT, consolidates between 3,1374 and 2,9812. • You can see a few attempts to break up, but each ends with a quick withdrawal → the market in consolidation. • The medium -term trend (looking from the beginning of August) was upward, but we currently have a correction lateral phase. ⸻ 🔎 What to observe • Bulling: If the course breaks and persists above 3,1374, the goal will be 3.23 → Then the resistance test 3.38. • Bears Breaking: If the course drops below 2,9812, then a possible descent around 2.74. ⸻ ⚡ Fast rating • The market is now in neutral consolidation. • Short -term players should observe the reaction to 3,1374 and 2.9812. • Only breaking out this range will give a bright direction.
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BNB/USDT 4H chart reviewKey levels: • Resistance: 845.64 → 867.39 → 898.75 • Support: 819.84 → 788.98 → 765.21 • Current price: ~ 835 USDT Structure: • The upward trend is still in force (black rising trend line). • After the summit around 867, the market made a correction to 819 and bounced. • Now the price consolidates between 819 and 845, just above the trend line. Scenarios: 1. Bullish (advantage of buyers) • If the price stays over Trendline and 845, a possible attack on 867, and then to 898. • Confirmation of increases will be closed with a 4h candle above 845. 2. Bearish (sellers' advantage) • Support loss 819 = weakness signal. • Further goals: 789 and 765 (key support). • Trendline fracture will further strengthen the pressure of supply. 📊 Summary: • As long as 819 and the trend line hold the advantage on the bull side. • 845–867 is a strong resistance zone - here you have to be careful about the implementation of profits. • Breaking below 819 will open the way to a deeper correction.
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ETH/USDT 4H chart review1. Trend • Direction: a downward trend, confirmed by a series of lower peaks and lower holes. • The black line is a downward trendline - a course from a few candles reflects it down. • The increase in volume in declines suggests that the seller is still dominating. ⸻ 2. Key levels • Resistance: • 4 634 USDT - the last strong resistance from which the price has reflected. • 4,527 USDT - local resistance, coincides with Trendline. • Support: • 4,415 USDT - the current level of support tested, the price consolidates here. • 4,300 USDT - another strong level of support; Breaking can accelerate the inheritance. ⸻ 3. Current situation • The price has fallen below 4,527 and is currently supporting 4 415. • The candle formation on support is mixed - small green candles after a large red impulse suggest a temporary pause or a correction attempt. • The volume on inheritance candles is higher than on growth → Seller still stronger. ⸻ 4. Scenarios 🔴 Negative (more likely if the sales volume persists) • If 4,415 is pierced with an increased volume, the purpose of the inheritance is 4,300 USDT, and in case of further pressure even 4,200. • The downward trend is maintained. 🟢 positive (less likely at the moment) • If the course reflects from 4 415 and breaks Trendline + Level 4 527, then possible movement in the direction of 4 630. • This requires an increased volume of buyers.
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BNBUSDT 4H Review🔍 Technical Structure 📉 Descending Channel (orange lines) The price was moving in a clear downtrend within the channel. A breakout from the channel to the top occurred, which is a potentially bullish signal. The price is currently testing a level above the channel—a classic retarget (retest) of the breakout. 🟩 Support/Resistance Levels (green and red lines) ✅ Support: 760.97 USDT – currently tested as support after the breakout from the channel. 739.81 USDT – local support, previous resistance. 717.89 USDT – stronger support, lower boundary of the channel. ❌ Resistance: 779.87 USDT – short-term resistance. 809.72 USDT – key resistance on the higher timeframes. 📊 Volume Volume increased during the breakout from the channel, supporting its credibility. It is currently declining slightly, which may suggest consolidation or waiting for another impulse. 🔄 Stoch RSI Oscillator (at the bottom of the chart) Currently leaving the overbought zone (>80) and heading down. Potential bearish or consolidation signal for the coming sessions. 🧠 Scenarios 1. Bullish Scenario (continuation of the breakout): If the 760.97 level holds as support, A move to 779.87 is possible, followed by a test of 809.72. 2. Bearish Scenario (false breakout): If the price falls below 760.97 and fails to stay above 739.81, A retest of 717.89 or even a return to the descending channel is possible. 📌 Conclusions Currently, the key level is 760.97 USDT – maintaining it will confirm the bulls' strength. Oscillators suggest a possible correction or consolidation. For a long position: a good place to test 760.97 with a narrow SL below 739.81. For a short position: a potential signal if 760.97 is not maintained.
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1
BTC/USD 4h chart🔸 Formation: Triangle descending (descending) • Upper trend line (orange) - inheritance, connects lower and lower peaks. • Lower support line (red) - approx. 116,700 USD - key support, tested many times. 🔻 Support USD 116,700 Tested several times, currently threatened 🔻 Another support USD 114,669 Target level when struck with a triangle 🔼 Resistance USD 118,321 The nearest resistance - the former level of support 🔼 Resistance USD 119,931 Local peak 🔼 Strong resistance USD 121,107 Upper level of structure 📉 STOCHASTIC RSI (lower indicator) • Line cutting and a decrease in the purchase area (> 80) towards the center. • No extreme sales signal, but the trend begins to be negative. ⸻ 📌 Applications and possible scenarios: 🔻 Bearish script (more technically likely): • If BTC breaks below USD 116,700 with a 4H candle closure, possible: • a decrease around USD 114,669 (lower limit of the triangle) • Even lower - around 113,500-112,000 USD with an increased volume 🔼 Bullly script (less likely but possible): • needed quick breaking above USD 118,300 and maintaining above this level • Then the goal will be USD 119,931, and then possible traffic up to USD 121.107 ⸻ 📍 Summary: • We see classic triangle descending-pro-draft formation. • Support 116,700 USD very close to breaking - if it falls, down movement can be dynamic. • Stochastic RSI coincides with the deterioration of the moment. • The inheritance scenario seems dominant, unless there is a strong demand and over 118,300 USD.
COINBASE:BTCUSD
by cryptodailyuk
MKR/USDT 4H Chart📉 Short-term situation: The price is currently trading around 2028 USDT, after a sharp decline from around 2273 USDT (resistance). The support level around 2000 USDT is currently being tested (coinciding with the SMA 200 – blue line). A dynamic uptrend line (orange) is also visible, which could act as a key support level in the event of further declines. 🔍 Support and Resistance Levels: Resistance: 🔴 2188 USDT – recent local high and convergence with the SMA 21. 🟢 2273 USDT – major resistance; previous rebound and point of significant price reaction. Support: 🔵 1980 USDT – local support + SMA200. 🟠 Uptrend line (~1940–1960 USDT). 🔴 1832 USDT – stronger horizontal support with multiple confirmations. 🔴 1623 USDT – very strong support, from previous lows. 📊 Technical indicators: RSI (Relative Strength Index): Current value: ~42, neutral, but approaching the oversold zone (<30). The RSI is falling rapidly, suggesting selling pressure, but a reaction is possible near current support. MACD: Negative signal: signal line crossing from above + descending histogram. Indicates a continuation of the correction, but we are approaching the potential exhaustion of the downward momentum. 📈 Moving averages: EMA/SMA 50 and 200: The price is currently testing the SMA200 – crucial for the medium-term trend. SMA21 (red) and SMA50 (green) – have reversed downward, which may suggest a weakening of bullish momentum. 🔮 Scenarios: 🟢 Bullish scenario (confirmation of support): A rebound from 1980–2000 USDT and further upward movement. Potential target: first ~2180 USDT, then ~2273 USDT. The condition is a demand response at the current level + an improvement in the RSI/MACD. 🔴 Bearish scenario (breakout of support): If the 1980 USDT level is broken and the price falls below the uptrend line, a continued decline to 1832 USDT or even lower is possible. Confirmation will be a strong bearish candle with high volume and a further decline in the RSI/MACD.
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SOL/USD 4H📉 Price Current price: approximately $183–$184 We see a decline from the resistance zone around $194.56. The price has broken through support at $187.31 and is heading towards lower support at: 🔴 $183.18 – local support (being tested now), 🔴 $175.58 – key support (potential target if current support breaks). 📊 Market structure Short-term trend: Downtrend (lower highs and lower lows after a rebound from $194.56). Volume: Increased volume on bearish candles – confirming supply pressure. Previous trend: Uptrend with strong momentum from July 18th to July 21st. 🔁 Technical Levels Resistance: 🟢 USD 187.31 – last broken support, now acting as resistance. 🟢 USD 194.56 – strong resistance (tested twice). 🟢 USD 206.43 – local high, strong resistance level from higher timeframes. Support: 🔴 USD 183.18 – currently being tested. 🔴 USD 175.58 – stronger support from lower swing highs. 📉 Stochastic RSI Located in the oversold zone (<20) and pointing down. No upside crossover yet → no buy signal yet. If a reversal occurs, a technical rebound is possible. 📌 Conclusions and Scenarios 🔻 Downside scenario (more likely currently): Breakthrough of support at $183.18 ➜ further decline to $175.58. Potential entry into a correction of the entire upward movement from July 18-21. 🔺 Upside scenario (alternative): Support at $183.18 held + Stoch RSI signal ➜ rebound to $187.31. If buying volume increases, a retest of resistance at $194.56 is possible.
COINBASE:SOLUSD
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ETH/USDT 4H Chart📊 General Context Ethereum is rising in a strong short-term uptrend, supported by a rising trendline (orange). Current price: 3831 USDT We are approaching a significant resistance level around 3842–3850 USDT (green line). Technical support is located around 3760 USDT (previous consolidation level and 50/200 SMA). 🔍 Technical Levels Resistance: 3842–3850 USDT – local high, currently being tested. 4006 USDT – key psychological level and the last local high on the chart. Support: 3762 USDT – previous resistance, currently turned into support (may be tested in a correction). 3650 USDT – strong technical support, confirmed several times in the past. SMA50 and SMA200 – currently just below the price, also acting as dynamic support. 📈 Technical Indicators MACD: The histogram is rising and positive → bullish momentum. The MACD line crosses the signal line from below → a buy signal. RSI (14): Currently: around 64 → not yet overbought, but close to the overbought zone. Slightly rising trend, but may suggest impending market overheating with further gains. 🧭 Trend Short-term: strong uptrend (trend line, green candles, breakout from consolidation). Medium-term: higher lows and higher highs – the uptrend is maintained. The price is holding above the 50 and 200 SMAs – confirming bullish sentiment. ⚠️ What to watch next? A 4-hour candle close above 3842 USDT → confirmation of a breakout, a potential attack on 4000–4010 USDT. A break of the trend line (orange) → a possible correction to 3760 or even 3650 USDT is possible. An RSI rise above 70 → an overbought signal, a possible pullback or consolidation.
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MKR/USDT 4H📈 Trend and price structure • The price has just been above the downward trend line (yellow line), which suggests the potential reversal of the trend to the upward. • Breaking was strong - a candle with a large growth volume and an increase +9.13%, which emphasizes the pressure of buyers. ⸻ 🔍 levels of support and resistance • resistance: • ~ 2342 USDT - a clear level of resistance (green line) - may be the target for the next upward movement. • 2246.8 USDT - first resistance to overcome. • Support: • 2111.7 USDT - level of local support after struggling (earlier resistance). • 2048.8 USDT - SMA #1 (red medium), can be support at the back. • 1945.5 USDT - strong support in the form of long -term SMA (blue line, SMA #5). ⸻ 📊 Technical indicators ✅ MacD (below) • The MacD line cut the signal line up - buy signal. • The histogram is growing, which confirms the growth moment. ✅ RSI • RSI has bounced from level 40 and is currently above 60 - it suggests upward momentum, but it is not yet purchased, so there may be room for further growth. ⸻ ✅ Medium walking (SMAS) • The price was pierced by SMA #1 (red) and SMA #2 (green) with impetus, which means a change in sentiment. • If it stays above these medium - a bull signal. • SMA 50 (green)> SMA 200 (blue) = potentially a golden cross is formed on a longer TF. ⸻ 📌 Summary - technical scenario: 🐂 Bycza scenario: • If the price lasts above 2111.7 USDT, it may continue to increase to USDTt and further up to $ 2,342. • Confirmation will be the continuation of growth on MacD and RSI over 60-70. 🐻 Bear scenario (threats): • If the price drops below 2048 USDT, possible correction up to 1945 USDT. • RSI returning below 50 and Macd Cross down would be a reversal signal.
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BTC/USD 4H Chart Review📊 Technical Structure (Symmetrical Triangle) Formation: The symmetrical triangle (orange lines) remains intact—price continues to move within it. Approaching the apex: The closer to the intersection of the triangle's arms, the greater the probability of a breakout. The current candle is testing the upper boundary of the formation (around $119,300), but has not yet broken it. Direction: The formation is neutral, but tension is increasing. A breakout of either line (the upper boundary ≈$119,500 or the lower boundary ≈$117,700) could trigger a dynamic move with a range of around $3,000 (the height of the triangle at its widest point). 🧱 Support and Resistance Levels (Red and Green Lines) Type Level (USD) Description Resistance 123205 All-Time High – Possible Target After an Upward Breakout Resistance 120556 Local Resistance – Triangle Breakout Range Resistance 119200–119300 Currently Tested Level Support 117752 Lower Triangle Boundary – Critical Defense Line Support 115764 Next Local Support 📈 Technical Indicators 🔵 RSI (Relative Strength Index) Currently: ~55 – indicates a neutral situation, having broken down from the overbought level (~74). Indicates that the market has temporarily cooled down after a previous impulse. There is still room for further upward movement without exceeding 70. 🔵 MACD The MACD and signal lines are approaching a crossover – if the MACD crosses the signal line upward, it could be a bullish signal. The histogram is slightly positive – indicating weak but growing bullish momentum. 📊 Volume Slightly increasing in the last candles – no confirmation of a strong breakout yet, but upward pressure is building. 🧠 Interpretation Scenario Technical Conditions Movement Objective 🔼 Upward Breakout Candlestick close above $119,500 USD 122,000–$123,200 USD 🔽 Downward Breakout Close below 117,750 and confirmed by volume at 115,700, then 114,000 USD 🔄 Consolidation Inconclusive, continued sideways movement Between $117,700 and $119,500 USD ✅ Summary Bitcoin is still in a neutral symmetrical triangle formation but is approaching a turning point. The RSI has broken out of the overbought range, and the MACD is signaling a potential upside breakout. Volume confirmation is still lacking, but technical conditions favor the bulls – if it manages to break above 119,500 and hold above, a move towards 122,000–123,000 USD can be expected. In the event of a rejection, maintaining 117750 will be key; breaking it opens the way to 115700 and below.
INDEX:BTCUSD
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LINK/USDT 4H Chart📉 Indicators and Market Structure: 🔶 Trend: Current trend: up, as long as it remains above the trend line and the 19.14 USDT level. Local resistance: 20.28 USDT (recent high). Next resistances: 20.99 USDT and 22.13 USDT (green lines). Supports: 19.14 USDT, 18.44 USDT, 17.29 USDT (red lines). 🔷 Stochastic RSI (lower indicator): Located in the oversold zone (below 20) and starting to reverse upward. Potential signal of buying pressure if the %K and %D lines cross bullishly. 🧠 Scenarios: ✅ Bullish scenario (trend continuation): Bounce from the trend line and the 19.14 level → breakout of 20.28 → test of 20.99–22.13. Confirmation will be a clear bullish candle with high volume and a Stochastic RSI cross up. ❌ Bearish scenario (trend break): Closing below the trend line and the 19.14 level → correction towards 18.44, and then even to 17.29. An oversold RSI could support continued declines if a rebound does not occur. 📌 Summary: Currently, the key level is the trend line and support at 19.14 USDT. The market is waiting for a reaction – a rebound or a downward breakout. Stochastic RSI suggests a possible rebound, but candlestick confirmation is needed.
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ETH/USDT 4H Chart✅ Market Trend and Structure: Uptrend: The highlighted orange trend line shows continuous growth since mid-April. The price is trading above the 50- and 200-period moving averages (EMA and SMA), confirming bullish sentiment. Current price: around 3556 USDT – very close to local highs. Resistance break in the 3200–3300 USDT area, which now acts as support. 📈 Technical Levels: Resistance (red horizontal lines): 3600–3650 USDT – local resistance resulting from market reaction. 3888 USDT – next historical resistance level. 4133 USDT – established long-term target (green dashed line at the top). Support: 3300 USDT – strong support after a previous breakout. 3080 USDT – previous high, now the next support level. 3070 / 2900 USDT – key technical support levels in the event of a larger correction. 📊 Indicators: MACD: The MACD is in a strongly bullish zone, but: The histogram is flattening. A bearish crossover pattern is possible in the following candles – a signal of weakening momentum. RSI: RSI ~74 – is in the overbought zone, which often heralds a correction or at least consolidation. A value above 70 confirms the bullish trend but may suggest that momentum is overheated. 📌 Conclusions and Scenarios: 🔼 Upside Scenario (trend continuation): If the price remains above 3300–3350 USDT, it could move towards 3888, and then 4133 USDT. A break above 3650 USDT on heavy volume will be a strong continuation signal. 🔽 Corrective scenario (short-term pullback): The RSI and MACD suggest a possible correction. Potential pullback to: 3300 USDT (retest of previous resistance as support). SMA 200 (~2600 USDT) with a deeper downward move.
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ETCUSDT 4H📊 Price: Currently around 20.05 USDT ⸻ 🔶 Technical formation: • Ascending channel - clearly marked with two orange trend lines. • The price is currently testing the upper edge of the channel - it is possible to break or correction. ⸻ 📉 Support and resistance: • ✅ Support: • 19.73 (local, on the closure of the candles) • 19.51 (technical, tested several times) • 18.94 (stronger, historical) • 🚫 resistance: • 20.31 - the closest local resistance • 20.91 - key level • 21.34 - strong resistance from higher intervals ⸻ 🔄 oscillators: • STOCHASTIC RSI - in the inheritance phase (descent from buying), possible local decline / correction. • RSI (14) - approx. 60, slightly positive trend, but without exaggeration - no purchase, place for further increases. 📌 Fast strategy: • 🟢 Long: After breaking and Retescia 20.31 → TP 20.91 / 21.34 • 🔴 Short: after rejection 20.31 or the upper line of the channel → TP 19.73 / 19.51 • 📉 SL: In both cases, it is best 0.3–0.4% above the last high/low
by cryptodailyuk
Is BTC getting ready for a new ATH?🔍 1. Key Support and Resistance Levels (Horizontal Lines): 🟢 Resistances (Green Lines): 114,295.54 — strong resistance resulting from previous highs. 112,767.65 111,009.00 110,685.35 — current key level that price may try to retest after a potential breakout. 🔴 Supports (Red Lines): 108,496.55 — current level being tested, also coinciding with local resistance from the past. 107,687.57 105,888.74 102,909.85 100,848.07 98,208.22 — strong long-term support; in the past, this level was reacted with a strong bounce. 🔶 2. Downtrend channel marked with orange lines: The upper downtrend line acted as resistance. The lower uptrend line acted as support. The price recently broke above the upper line, but is now testing it again - this could be a retrospective retest. ➡️ If the close of the H4 candle is above this line - a possible confirmation of the breakout. 📊 3. Stochastic RSI indicator (at the bottom of the chart): Currently in the uptrend phase after a bounce from the oversold level (<20). The %K line (blue) is crossed upwards by the %D line (orange) - a bullish signal. Still below the overbought zone, which suggests that the potential uptrend still has room to develop. 🧠 4. Market structure and price action: Price broke above the 108.496 level, but is currently struggling to stay above this zone. A retest of the broken triangle could be a healthy move, provided that support is maintained in the 108k–107.6k area. A break below and a close below 107.6k could mean a false breakout and a possible decline towards 105.8k or even 102.9k. 🧭 5. Possible scenarios: ✅ Bullish scenario: Maintaining the 108.496 level and closing the candle above the upper orange line → continued growth. The nearest targets are: 110.685 (first resistance), 111.009 and 112.767 next. ❌ Bearish scenario: The price will not stay above 108k and will fall below 107.687. Possible return to the previous consolidation range with the target: 105.888, and then 102.909 or 100.848. 🧮 Summary: Currently, the decisive moment is underway: a test of support after breaking out of the convergent triangle. The Stoch RSI indicator gives a bullish signal, but the price must confirm the movement by behaving above 108k. Retest and bounce - this is a bullish scenario. A breakdown and return under the trend line - means that the breakout was false.
COINBASE:BTCUSD
by cryptodailyuk