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Resistence

Daily ETH 4HChart - resistance and supportHello 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 downtrend line. Let's start with the support line and as you can see the first support in the near future is $1619, if the support is broken then the next support is $1604, $1590 and $1569. Now let's go to the resistance line, as you can see the first resistance is $1649, if you manage to break it, the next resistance will be $1662, $1674 and $1693. Looking at the CHOP indicator, we see that we have a lot of energy for the next moves, MACD indicates the maintenance of the local uptrend, while the RSI is moving in the middle of the range, which makes it difficult to clearly determine the direction.
by cryptodailyuk
2
FTM/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the FTM chart in hand to USDT, taking into account the interval of four hours. First of all, with the help of blue lines, we will mark the inheritance trend channel, in which the price is currently moving. Going further we can go to select the places, for this we will use the Trend Fib Extension Trend tool. And here the first support is at a price of $ 0.45, we have the second support at the price of $ 0.41, and then the third support at $ 0.36. Looking the other way, we see that the price cannot break the first resistance zone from $ 0.48 to $ 0.50. However, if you can get out of the downward channel and pierce the resistance zone, the next zone is from $ 0.53 to $ 0.55, when the price overcomes it, the third resistance is at $ 0.58 and the fourth at $ 0.62. Please look at the Index Chop, which indicates that we have a lot of energy for the upcoming movement, MacD indicates that we maintain a local upward trend, while we have a relaxation to RSI and move in the lower part of the range, which may indicate upcoming growth.
by cryptodailyuk
1
LTC/USDT 4HInterval Resistance and SupportI invite you to review the LTC chart on the four-hour interval. As we can see, the price has moved out of the local downtrend channel, which we used to determine the blue lines. Now let's move on to marking the price support points and we see that we first have a support zone from $92 to $90, but if the price goes lower, we have another support at $88.30, then at $86.35 and another support at $83.80 $. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that we are currently below the first resistance zone from $94 to $97, when we manage to break it we have the second resistance zone from $99 to $101. Next we have a strong resistance at $103.82 and the next one at $107.57. The CHOP index indicates that most of the energy has been used, the MACD indicates that the uptrend is maintained, while the RSI indicates that we are moving around the middle of the range, which makes it difficult to indicate the direction of the price.
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 of all, using the yellow lines, we can mark the downtrend channel in which the price is currently moving. Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the support, and as you can see, we have the first support zone from $1603 to $1569, the second support at $1522, but if the price goes lower we have another support at $1462. Looking the other way, we can also mark the places where the price should meet resistance on the way up. And here as the first we have the resistance zone from $1628 to $1650, then we have the second zone from $1672 to $1703, only when we break it the price will move towards the resistance at $1743. The CHOP index indicates that the energy has been used. The MACD indicator maintains a local uptrend. On the other hand, the RSI is moving in the upper part of the range, so be careful.
by cryptodailyuk
Daily BTC 4HChart - resistance and supportHello everyone, I invite you to check the current situation on BTC in hand to USDT taking into account the interval of four hours. First of all, using the yellow line we will mark the local inheritance trend line, from which the price of BTC came out. Now we can go to the designation of support places in the event of correction. And Tutuj, first of all, it is worth marking support zone from $ 23296 to $ 22837, but when we fall below this zone, we have a second very strong support zone from $ 22,180 to $ 21334. Looking the other way, in a similar way using the FIB Retracement tool, we can determine the places of resistance. First of all, we will mark the resistance zone from $ 23707 to $ 23,984, when we manage to beat it, we have a second zone from $ 24301 to $ 24712. When we manage to overcome these two zones, we will go towards resistance at a price of $ 2,5251. Please pay attention to the Index Chop that indicates that most of the energy has been used, MacD indicator indicates the maintenance of a local upward trend, while the RSI we move at the bottom of the range.
by cryptodailyuk
Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $23303, if the support is broken then the next support is $22829 and $22175. Now let's move to the resistance line, as you can see the first resistance is $23698, if you manage to break it the next resistance will be $23993, $24287 and $24711. Looking at the CHOP indicator, we see that most of the energy has been used, the MACD indicates a local uptrend, while the RSI is back to the upper part of the range.
by cryptodailyuk
SOL/USDT 4HInterval Resistance and SupportHello everyone, let's look at the SOL 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 $22.52, if the support is broken then the next support is $21.27 and $19.67. Now let's move on to the resistance line, as you can see the first resistance is $23.57, if you manage to break it, the next resistance will be $24.25, $24.93 and $25.88. Looking at the CHOP indicator, we see that the energy is slowly starting to rise, the MACD indicates entering a local uptrend, while the RSI shows a quick return to the middle of the range.
by cryptodailyuk
Copy and Pasta at thumbs up?No sale signals yet so think we're good for one more bounce into resistance. Looks like convergence of moving averages there will eventually be more donw just because the longer term ones are still pointing down, but channel is clearly a reversal one so being overly bearish hear could be a potential trap, especially if we break into the new second tear channel over head that's being inferred by price action as a parallel thing developing. But until we're up there middle point of the reversal trend is resistance I think.
BITSTAMP:BTCUSD
by Crypto_Moses
2
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price is moving in a triangle marked with yellow lines. Let's start with the support line and as you can see the first support on which the price is currently based is $1602, if the support is broken then the next support is $1569, $1562 and $1422. Now let's move on to the resistance line, as you can see the first resistance is $1614, if you manage to break it, the next resistance will be $1639, $1659 and $1679. Looking at the CHOP indicator, we see that there is some energy left for a new move, the MACD indicates a local downtrend, while the rsi is moving at the lower end of the range, which gives room for new increases.
by cryptodailyuk
ETH: QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick ETH update. ETH is forming a big symmetrical triangle in the daily time frame and rejecting the upper resistance line. Currently, it is trading around the $1600 level. So we have two possible scenario's from here. First, a possible scenario is to get a bounce from the green support zone ($1420-$1500 range) The second possible scenario is if we break below the $1420 level then there are high chances that we revisit the lower trendline of the triangle ($1200 level) So for a bullish momentum in ETH, we need to break and hold above the symmetrical triangle. What do you think about this? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
Short
by CoreCrypto1
11
ADA/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the ADA chart on a single day interval. At the beginning, we can mark with a yellow line, the downtrend line, which the price has overcome and is currently staying above it. Let's start by marking the support places for the price and we see that first we have a support zone from $0.38 to $0.35, but if the price goes lower, we have another zone from $0.33 to $0.31, and then we have a very strong support zone from $0.28 to $0.24. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that we have the first resistance at $0.41, then we have a strong resistance zone from $0.46 to $0.52, when we manage to break it, the next resistance will appear at $0.59. The CHOP index indicates that there is still a lot of energy to continue the move, MACD indicates the entry into a downward trend, while the RSI shows a rebound, but it still remains in the upper part, which may indicate a larger rebound.
by cryptodailyuk
1