Get started

Trendanalyse

Latest Gold Price Update Today👋 Hello everyone , what are your thoughts on OANDA:XAUUSD ? After Friday’s impressive breakout, gold is now showing signs of a pullback at the upper resistance zone, forming lower highs and currently trading around 3590 USD. The main scenario still favors the bullish side, but I believe a correction is likely before the primary uptrend resumes. That’s the reason behind today’s retracement. The first key support to watch is 3577 USD, followed by the 3565 – 3560 USD zone. And you—do you think gold will pull back further or continue its rally? Leave your thoughts in the comments and give this post a like if you agree with my view. Good luck!
OANDA:XAUUSD
by Kevinn_Nguyen
21
EUR/USD – Approaching Key ResistanceHello traders, FX:EURUSD continues its strong recovery, breaking above 1.1700 and moving toward multi-week highs. The main driver is the weakening U.S. dollar, after August’s Non-Farm Payrolls came in at just 22K jobs, far below expectations of 75K and the previous 79K. On the D1 chart, the pair holds a solid uptrend with strong support from the rising trendline and EMA34/EMA89. The next key challenge lies in the 1.1800 resistance zone. A clear breakout could open the way toward 1.2000 in the medium term. As long as price stays above the trendline, the bias remains bullish. Waiting for a confirmed breakout offers a safer entry for buyers. 👉 What’s your view on EUR/USD’s next move?
by Kevinn_Nguyen
13
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.
by cryptodailyuk
XRP/USD 1D Chart ReviewFormation The chart shows a narrowing symmetrical triangle (orange lines). The price is now in the lower part of the triangle, with support around $2.80–2.79. If the price breaks out of this consolidation, we could see a larger trend move. Supports $2.80–2.79 – local support (lower line of the triangle). $2.63 – strong horizontal support, reinforced by the earlier rebound. $2.46 (SMA200) – key intermediate-term level. Resistances $3.00–3.08 (SMA50) – first major resistance. $3.17 – next barrier. $3.42 – strong resistance from July. Indicators MACD: below the 0 line, negative histogram → bearish signal, but no strong downward momentum yet. RSI (41): close to the oversold zone, but still neutral-weak – no clear divergence. SMA50 (red) is falling and is above the price → selling pressure. SMA200 (blue) is rising and acting as medium-term support. Scenarios Bullish – a rebound from the lower boundary of the triangle (2.80) and an attack on $3.00–3.08. A breakout from the upper boundary of the formation will open the way to $3.42. Bearish – a breakout below the $2.80–2.79 zone → a test of $2.63 and deeper into $2.46 (SMA200). Summary The market is at a critical juncture – price is squeezed within the triangle, indicators are neutral-weak, and volume is decreasing. A breakout from this consolidation (most likely in early September) will set the course for the next move. 👉 If you're trading short term, maintaining the $2.80 level is key. 👉 If you're trading medium/long term, only a break above $3.08–3.17 will provide a strong bullish signal.
BITSTAMP:XRPUSD
by cryptodailyuk
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.
by cryptodailyuk
BTCUSD 1D Chart1. Price Trend and Structure The BTC price has fallen below the yellow uptrend line – this indicates a break in the bullish structure and signals weakening buyers. Currently, the price is hovering around $107,950, which is local support (red zone ~108k). Next important supports: $104,500 – $103,900 $98,400 (recent stronger demand level + near the 200 SMA). Resistance to break: $113,500 (green line, previous support now acts as resistance). $118,000 (key level for a return to the uptrend). $124,500 (highs). 2. Moving Averages SMA 50 (green) and SMA 200 (blue) → classic trend analysis: The price is currently below the SMA 50, confirming short-term weakness. The SMA 200 (~$100,300) is still maintaining the long-term trend – only a break below would signal a more serious bear market. Possible scenario: If the SMA 50 begins to decline and approaches the SMA 200 → a Death Cross threatens. 3. MACD Negative histogram, signal line below zero → downward momentum continues. No signs of a reversal (no positive divergence yet). 4. RSI RSI ~47 – neutral zone, slightly below 50 → not oversold, but showing an oversold market. The RSI previously rebounded from the ~70 line (overheating) and is now heading down. 5. Key Levels Support: 108,000 (current) 104,500 98,400 (strategic) Resistance: 113,500 118,000 124,500 📊 Scenarios Bearish (more likely now): If 108,000 fails → a test of 104,500, and in the longer term, 98,400 USD. A break below 98,000 would signal a long-term downtrend. Bullish (less likely at this point): A return above 113,500 and a daily candle closing above this level → a signal for a reversal and a possible re-entry into the 118–124k range.
INDEX:BTCUSD
by cryptodailyuk
1
GBPCAD – Fresh Breakout, Short SetupThis time I am looking for a short sell in GBPCAD. After many days the pair was just ranging, but now a clear breakout has happened and also price broke below the 200 MA, which shows weakness. From this point, I expect the market to continue down and my short targets are based on Fibonacci extension levels: - First target around 1.8540 - If sellers stay strong, the next target is 1.8521 For me, this is a good setup to follow the bearish move after the range is broken.
Short
by ClearTradingMind
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
by cryptodailyuk
CRO/USDT 1W Chart📊 Current situation • Price: ~ 0.2067 USDT (+33% per week). • Trend: strong Breakout after a long consolidation. • SMA: • Short -term (red, ~ 0.1236 and 0.1592) was pierced → confirms the change of trend. • Green (SMA #2) also below the price → bull signal. • MacD: heavily growing histogram, MacD line above the signal → growth moment. • RSI: ~ 70 → enters the purchase zone, but not yet extreme (no divergence). ⸻ 📈 levels of support and resistance • Support: • 0.1592 (last Breakout Level). • 0.1236 (strong zone of previous consolidation). • resistance: • 0.2347 (nearest resistance). • 0.3374 (key resistance from higher intervals). ⸻ 🧐 Interpretation • We have a confirmed upward trend - the price has pierced the relegation line (yellow trend line) and the SMA broke. • Momentum is growing (MacD, RSI, volume). • However, RSI signals the possibility of short -term correction if the price hit 0.2347. ⸻ 🔮 Scenarios 1. Bycza (more likely) • If we keep it above 0.1592, possible attacks on: • 0.2347 → Then even 0.3374. • A good chance of continuing the trend within the average time. 2. Bear (correction) • a decrease below 0.1592 → correction to 0.1236. • Only a breakdown 0.1236 will negate the current upward trend.
by cryptodailyuk
SOLUSDT 1W Chart1. Main trend • You can see a strong upward trend from holes around 120 USDT. • The course currently moves along the growing trend line (orange). • The last candles show that the buyers are defending support and each hole is higher → a sign of market strength. ⸻ 2. Support and resistance (key levels from the chart) • Support: • 186.56 USDT - the first strong support (coincides with the trend line). • 166.42 USDT - another stronger support. • 139.00 USDT - main strategic support. • resistance: • 219.02 USDT - the closest resistance (currently tested). • 253.15 USDT - strong resistance if 219 is broken. • 296.24 USDT - another target in the event of a bull market. ⸻ 3. Indicators • MacD - upward signal, lines are above the zero line, green histogram → momentum is growing. • STOCHASTIC RSI - high, close to the purchase zone → a short correction may occur. • RSI (classic) - ~ 60 points, i.e. not yet purchased, but the space for increases is reduced. ⸻ 4. Scenarios • Bycza (more likely at the moment): If the SOL stays above 186 USDT and pierces USDT USDT, subsequent goals are 253 → 296 USDT. • Bear (alternative): If the price drops below 186 USDT and breaks the trend line, possible return to 166 and even 139 USDT. ⸻ 🔑 Summary • The trend is upward and still strong. • Key breakdown is 219 USDT. • Trend holding (above 186 USDT) = potential for further increases. • Breaking the trend line = correction warning.
by cryptodailyuk
AVAX/USDT 1D ChartCurrently 25.86 USDT (+2.42%). • The price has reflected from support around 22.6 USDT and broke over SMA (average walking). • You can see an attempt to continue the upward trend - local "mini bull run". ⸻ 2. Support and resistance • Support: • 24.39 USDT (SMA #1, short -term support). • 22.60 USDT (strong support - earlier level of consolidation). • 20.20 USDT (key hole below which the downward trend returns). • resistance: • 26.26 USDT (local resistance, currently tested). • 27.72 USDT (another strong level of resistance). • 30.95 USDT (key resistance - return to a strong supply zone). ⸻ 3. Medium walking (SMA) • The price was pierced by SMA #1 (red) and SMA #2 (green). • SMA #5 (blue) is located lower (~ 22.5), which shows that the short -term trend is now stronger than the long -term → bull signal. ⸻ 4. MacD • The histogram begins to grow above line 0. • The MacD line cut the signal line from the bottom → buy signal. • The growth moment is developing. ⸻ 5. RSI • RSI ~ 58 → neutral, but close to the "bull" zone. • Not yet bought out (> 70), so there is space for further increases.
by cryptodailyuk
BTC/USD 1H Short-term1. Main trend (short -term) • The price is under the downward trend line (black line). • Until this trend is broken up (approx.> 113,000–113,500 USD), the advantage remains on the Bear (inheritance) side. 2. Support and resistance • The next support: 112.017 USD (if it falls → the next target is USD 111,232 and then 110.015 USD). • The nearest resistance: USD 112,959, then USD 113,528 and a stronger level of USD 114.667. 3. Candle formation • The last candle tests support at USD 112.017 and a defense attempt (lower wick) appears. This may suggest a short reflection, but still as part of the inheritance trend. 4. Oscillators (Stochastic RSI at the bottom of the chart) • The indicator is in the sales zone (<20) and begins to turn up → a signal of a potential short -term reflection (SCALP LONG). • However, if the reflection does not overcome the downward trend line, it will be just a correction rather than a change in the trend. ⸻ 📊 short -term scenarios • Bullish (reflection): If BTC maintains USD 112,000 and stochastic, he pulls up, possible traffic up to $ 112,950-13,500 (Trendline test and resistance). • Bearish (continuation of declines): a breakdown of USD 112,000 opens the road to USD 111,200 and even USD 110,000. ⸻ 📝 Application • Trend for 1H: inheritance. • Short -term signal: possible reflection from support (112K → 113.5k), but until the price boosts the downward trend line, the scenario of further declines dominates. • Key level for observation: USD 112,000 (maintenance = reflection, breaking = further declines).
COINBASE:BTCUSD
by cryptodailyuk
1
BTC/USD 1D LongTerm1. Price and main trend • Current price: 113,448 USD (decrease -2.42%). • On the daily chart you can see that Bitcoin pierced the yellow upward trend line and descended below the average walking (SMA). This is a signal of weakening the trend. 2. Support and resistance • resistance: • 117,687 (SMA - local resistance). • 120,645 and 122.766 (stronger resistance zones). • Support: • 113.016 (first, local support). • 110.541 (important support). • 106,238 (key support - if it falls, more correction possible). 3. Medium walking (SMA/EMA) • The price has gone below short -term medium (red and green lines). • This suggests that the advantage has temporarily switched to the side of sellers. 4. MacD • MacD histogram goes into a negative zone. • The MacD line drops below the signal → This is a sales signal. 5. RSI • RSI oscillates below 50 and slightly reduces. • This means weakening the momentum of bulls and a potentially place for further decline (only around the RSI 30 would mean a strong sale). 6. Summary of the situation • Technically the market looks weak - a breach of an upward trend, exit below medium and negative MacD. • The next key support is: 113K → 110.5k → 106.2k. • If 113K persists, it is possible to bounce up to 117k -120k, but only a return above 120K would change the sentiment to a more bullish.
BITSTAMP:BTCUSD
by cryptodailyuk
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.
by cryptodailyuk
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.
by cryptodailyuk
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.
by cryptodailyuk
BNB/USDT 1DTrend and market structure • The price moves in an upward trend from the hole around 730 USDT, maintaining support on the trend line (orange line). • Current price: ~ 840 USDT, close to important resistance at ~ 862 USDT. • Another strong resistance is located at 940–950 USDT. • The next support is 809 USDT (local horizontal level) and 758 USDT (earlier hole). ⸻ Medium walking (SMA) • SMA #1 (red) is below the price - this is a growth signal. • SMA #2 (green, long -term) is also below and inclined up - confirms the upward trend. • SMA #5 (blue, very long) is far below - the market is still in the growth phase. ⸻ Indicators • MacD - MacD line pierces the signal line from below, which is a buy signal. The histogram is slightly positive. • RSI - ~ 66 points, grows towards the purchase zone (70). There is no extreme yet, but it is approaching - the risk of correction after breaking the resistance. ⸻ • (more likely with current dynamics): breaking the level of 862 USDT and continuation in the direction of 940 USDT. There are more profit realizations possible here. • Bear: rejection from resistance and decrease in the direction of 809 USDT or even a trend line test and level 758 USDT.
by cryptodailyuk
ETC/USDT 1D Chart1. Trend and price structure • The price is currently 23.71 USDT (+6.75% on the day). • After an earlier inheritance trend (yellow dotted line - trend line), you can see an attempt to break up and maintain above SMA 1 (approx. 22.30 USDT). • The next resistance is 24.50 and 26.00 USDT - you can see that the supply of supply was already 24.50. • The next support is 22.30 and stronger at 21.02 USDT. 2. Medium walking (SMA) • SMA #1 (red) - short -term, the price is above, which is a bull signal. • SMA #2 (green) - medium -term, also below the current price, which supports the upward scenario. • SMA #5 (blue) - long -term, is lower (approx. 18.85), so the main trend is not completely inverted yet, but the momentum is growing. 3. MacD • The MacD line pierced the signal line from the bottom - buy signal. • The histogram has gone down in positive values - the growing pressure of buyers. 4. RSI • RSI around 55–60 - far from the purchase zone (70+), so theoretically there is still space for growth. • RSI has pierced its average, which is confirmed by bull's sentiment. 5. Scenarios • Bull: Maintenance of a price above 22.30 and a possible retest 24.50 with an attempt to break in the direction of 26.00. At 26.00 - road to 27.00–28.00. • Bear: a decrease below 22.30 opens the road to 21.02, and a deeper descent - around 19.80 or 18.85. 6. Applications • Short -term - advantage of buyers, but strong resistance at 24.50. • A good moment for swing traders to watch the reaction at 24.50. • For long -term positions - full confirmation of the trend reversal only after 26.00.
by cryptodailyuk
BTC/USD 1D1. Price Structure and Patterns Medium-Term Trend: Since mid-June, the price has been consolidating between ~$112,000 and ~$121,000, but with a slight upward slope. Upward Channel: Marked with orange lines – the current candlestick is near the top of this channel. Triangle Breakout: The white dashed line indicates an upward breakout from the converging triangle (symmetrical) formation, which could signal continued growth. 2. Support and Resistance Levels Nearest Support: USD 117,009 (Fib. Level 0.236 and local low) USD 115,912 (SMA200 – red line) USD 112,167 (lower consolidation boundary and prior support) Nearest Resistance: USD 121,151 (Fib. Level 0.382) USD 123,966 (Fib. Level 0.5 – key psychological and technical resistance) USD 126,781 (Fib. Level 0.618 – strong resistance) USD 130,788 (Fib. Level 0.786 – breakout target) 3. Technical Indicators MACD: The MACD line is beginning to intersect with the upside signal line – suggesting the beginning of upward momentum. RSI: 59 – rising, but not yet in the overbought zone (above 70). This means there is room for further growth. Moving Averages: The SMA50 (~$114,020) and SMA200 (~$115,912) are below the price – a bullish pattern. The price has rebounded from the SMA50, which is often a good starting point for further growth. 4. Scenarios Bullish (more likely at this point) If the price holds above $118,000 and breaks $121,151, a quick move to $123,966 and then $126,781 is possible. Confirmation – the daily candle closes above $121,151 on increasing volume. Bearish If the price falls below $117,000, a retest of $115,912 is possible, followed by $112,167. A break of $112,167 could signal a downtrend reversal. 5. Key Observations Volume is increasing on bullish candles → a sign of accumulation. The price is near strong resistance at $121,000–$122,000 – a correction is possible here. Longer term (Fib from the March low), there is potential for a move towards $130,000–$135,000 if the trend continues.
BINANCE:BTCUSD
by cryptodailyuk
ETH/USDT 12h chart1. Punction of the downward trend • The black inheritance trend line has been broken up - this is a strong signal of Bycza. • Breaking was confirmed by a strong candle movement and high growth dynamics. ⸻ 2. Key levels of support and resistance • Support: • 3930 USDT - previous resistance, now the defensive zone with possible correction. • 3709 USDT - deeper support. • 3488 USDT - critical support, below which the upward trend would be negated. • resistance: • 4048 USDT - current local resistance (the candle touched and lightly reflected). • 4304 USDT - another strong resistance. • 4484 USDT - long -term resistance and potential goal when continuing to grow. ⸻ 3. RSI • RSI is around 70 - close to the purchase zone. • suggests the possibility of a short correction or consolidation before the upward trend continues. ⸻ 4. Scenarios Bycza (continuation of growth) • Maintenance above 3930 USDT. • Breaking over 4048 USDT opens the road to around 4300–4480 USDT. Bear (correction) • Rejection to USDTT 4048 and a decrease below 3930 USDT may bring a rate to around 3709 USDT.
by cryptodailyuk
Chainlink (LINK/USDT) from 1D interval📈 Trend and Market Structure Current trend: Upward (higher lows and highs) The price is moving within an ascending price channel, marked by two black trend lines. The recent rebound occurred from support around 14.83 USDT, which coincides with the lower boundary of the channel. 🔍 Key Levels ✅ Resistance (green horizontal lines) 18.98 USDT – local high 21.16 USDT – main resistance, possible target after breaking $19 18.27 USDT – current local resistance zone, currently being tested 17.62 USDT – mid-range resistance 🛑 Support (red horizontal lines) 15.97 USDT – first local support 14.83 USDT – important support (price reaction, trend confirmation) 13.30–13.50 USDT – key demand zone 12.50 USDT – lower historical support 📊 Indicators 🔄 Stochastic RSI %K and %D lines cross from below → buy signal Currently emerging from oversold levels (< 20), which could indicate a continuation Growth 📉 MACD The histogram is decreasing, but the rate of decline is slowing. Possible buy signal if the MACD line crosses the signal line from below. 🔊 Volume Increasing volume during gains, lower volume during corrections – confirms bullish strength. The recent decrease in volume may indicate consolidation or preparation for the next move. 📌 Scenarios 🟢 Bullish Scenario: Uptrend maintained within the channel. Breakout above 18.27 and 18.98 → possible rally to 21.16. Confirmation by MACD/Stoch RSI. 🔴 Bearish Scenario: Break of support at 15.97 and the trend line → possible decline to 14.83 or lower (13.30). MACD may continue to decline if a strong rebound is not achieved. 🧠 Summary Trend: Bullish Price is currently testing resistance at 18.27. Key support levels to watch: 15.97 and 14.83. Indicators are providing potential buy signals, but confirmation will be needed on higher time frames or on stronger volume.
by cryptodailyuk
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.
by cryptodailyuk
1
ETHUSDT 4H Chart Review🔍 General Technical Context: Prior Trend: Upward (strong rally from around 3,150 USDT). Current Structure: After breaking out of the ascending channel, there was a strong decline, but is currently rebounding upward – it looks like a test of prior support as resistance. 📈 Key Horizontal Levels (Support/Resistance): Resistance: 3,794 USDT – strong resistance resulting from the prior high (green line). 3,943 USDT – high of the ascending channel. Support: 3,504 USDT – prior support, now potentially acting as resistance (red line). 3,383 USDT – July support. 3,132 USDT – strong base support, potential correction low. 📉 Technical Patterns: Broken Upward Channel (orange lines): A clear downward breakout suggests a weakening of the previous trend. Downward Trendline (purple): The current price is approaching it – a test and reaction (bounce or breakout) may occur. 📊 Stochastic RSI (oscillator at the bottom): The indicator is entering the overbought zone (>80). This may indicate an impending slowdown or correction, especially if the price encounters resistance at the purple downward trendline. 🔮 Scenarios: ✅ Bullish (if the breakout is upward): A breakout of the purple trendline and resistance at 3,794 USDT could signal further gains towards 3,943 USDT or higher. Confirmation could come from a retest of the purple line as support. ❌ Bearish (if resistance rejected): Rejection from the trendline or the 3,794 USDT zone = possible correction to 3,504 or 3,383 USDT. Break of 3,383 = potential decline to the 3,132–3,150 USDT zone. 🧭 Conclusion: The market has regained strength from the local low but is at a potentially strong resistance zone. Stochastic RSI overbought + near resistance = high risk of a near-term correction. The key will be price performance within the purple trendline and 3,794 USDT.
by cryptodailyuk