Hi, let's check out what's happening on the SOL chart against USDT on a four-hour time frame. We will start by marking the white lines of the sideways trendline, while using the yellow line we will mark the local downtrend line where the price is moving. Moving forward, we will check what support should be considered. As you can see we have the first support at...
Hello everyone, let's look at the ETH to USDT chart on the four hour time frame. As you can see, the price is moving above the downtrend line. Let's start with the support line and as you can see the first support in the near future is $1184, if the support is broken then the next support is $1154, $1129 and $1106. Now let's go from the resistance line, as you...
Hello, I invite you to review the BTCUSDT chart on a one-day interval. First of all, it is worth marking the sideways trend channel in which the price has been moving for more than a month with white lines, while locally we can mark the downtrend channel with yellow lines. Now, using the Fib Retracement tool, let's check what resistances should be taken into...
During this Semiconductor ETF's rise to the top, price retested the high 220s and low 230s zone multiple times. This price range acted as a zone of support (marked by the green box). Since august of 2022, SMH price action has struggled to rise above this zone, turning this zone into resistance (marked by the red box). Additionally, SMH's downfall (beginning...
Hello everyone, let's look at the BTC to USDT chart on the four hour timeframe. As you can see, the price is moving below the uptrend line. As we can see the previous support at $16583 is still price support, the next support is at $16098 and $15471 at the previous low. Now let's move on to the resistance line, as you can see the first resistance is $17066, if...
Trade Order: Buy Limit Order. Entry: 1.0500 Stop-Loss: 1.0450 Target: 1.0600
Recently we have seen BTCUSD bounce around from a previous resistance zone down to its relative support zone. Both connections had some nice wicks that allowed for some great scattered entry points. These bounces have begun to setup a new directional shift if we look at the first resistance zone as completing wave 1 and the touch back to support (.618) as...
In the chart above I have provided an analysis for the pennant formation seen in the four hour time frame for QQQ along with channel confirmation. 1. 270 is crucial point for QQQ to hold in order to avoid being pulled into a demand zone on the fibonacci. 2. Spike on the 13th of December confirmed rally top. 3. BREAK OF 270 BEYOND AT THIS POINT WOULD CONFIRM A...
I invite you to review the LTC to USDT chart on the 4H time frame. At the beginning, let's mark the uptrend channel in which the LTC is moving, but what we can see locally is below the downtrend line. As we can see the first support is at $61.91, if the support is broken then the next support is at $55.69 and $47.60. Looking the other way, we see that the first...
Hello everyone, let's look at the BTC to USDT chart on the four 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 in the coming hours is $16697, if the support is broken then the next support is $16667, $16640 and $16601. Now let's move on to the resistance...
as we can see bitcoin/dollar has taken support at support level 1 as shown in chart and currently it is in consolidation range between 18500 to 24500 . we might see continuation of consolidation for while and at later month we might see bitcoin/dollar at level 13500 to 14500 range where the next support zone is ( shown in chart)at those level, it will be good...
Hello everyone, let's look at the ETH to USDT chart on the four hour time frame. As you can see, the price is moving below the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $1170, if the support is broken then the next support is $1152, $1137 and $1122. Now let's go from the resistance line, as...
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this Bitcoin Dominance update. BTC Dominance is inversely correlated with Alts. When dominance pumps, Alts dump, and when dominance dump, Alts pump. According to the weekly chart of BTC Dom, it is forming a descending triangle here and currently trading near the...
I invite you to view the BNB chart on a one-day interval. In this situation, we can mark a sideways trend channel where we are approaching the lower part of the channel, after the huge increases in 2021. We are in a downtrend locally. Let's check with the Fib Retracement tool what resistance we should consider in the coming days or weeks. First, the price has to...
Hello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $16977, if the support is broken then the next support is $16840, $16652 and $16418. Now let's move on to the resistance line,...
EURUSD Pair had eventful several months, first was the stable growth of the US Dollar then the interest rates did the trick to place it back on track, we can observe a very narrow decline since the beginning of November. We all know that when there are rapid price changes there is always correction coming. 1.0800 looks like a reasonable resistance to test around...
The asset is traded on volumes. We came to the level of resistance, got a reaction. Fixed below the volume level of POC, which indicates weakness. We also broke through the sloping support level. I expect the fall to continue. Goal - 0.477$
Hello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price has fallen below the local uptrend line. Let's start with the support line and as you can see the first strong support is at $17199, if the support is broken then the next support is $17044 and $16924. Now let's go from the resistance line, as you can see the...