Bearish MACD divergence continuing to play out with a breakdown of wedge trend line. We saw the 508 target get hit today and still face layers of resistance overhead (512ish-515ish-518ATH) ....AND there is a gap still to be filled below (501ish-497ish). If we're going to make another respectable run at ATH then we need to fill the gap and let this MACD divergence...
Weekly=Bullish.
Daily=Bullish.
4H=Bearish (waiting for shift of structure)
Weekly candlesticks are show rejection from 50% on weekly Fib. Overall Bullish market so waiting for 4h to shift to bullish. Zones marked up are daily supply & demand aka areas of interest.
Hello everyone, let's take a look at the ETH to USDT chart on a four-hour time frame. As you can see, the price dynamically moved upwards from the downward trend line.
After unfolding the Fib Retracement saitka, you can see how the price approached the very strong resistance level of $3,623, but it was rejected.
Looking the other way, you can see support at...
Hello everyone, I invite you to check the current situation on BTC in pair with USDT, taking into account the four-hour interval. First, using the yellow line, we will determine a strong upward trend line above which the price is making dynamic upward movements.
Looking at the current situation and the huge pre-halving increases, which are currently much larger...
As always with any timeframes under the 1day, the reliability of chart patterns playing out starts to reduce the smaller and smaller the time frame you go to but the 4hr does seem to validate its fair share of chart patterns often enough to take this 4hr inverse head and shoulders serious. If it can reach it’s full target it will climb to 59 cents here Ithink the...
The last one in today's list is the MATIC chart in the USDT pair, like its predecessor on a four-hour interval. First, we will use blue lines to mark the upward trend channel in which we could observe an attempt to break the price down, but as it turned out, it was a false break after which the price returned to the channel and started dynamic growth, creating an...
Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price remains below the local downtrend line.
After using Fib Retracement, support is visible at the level of $50,079, and the next important level is $49,282.
Looking the other way, first the resistance is at $51,446, and then we have a strong zone from...
I believe in a short term sell for EURUSD, possible uptrend after it hits TP of 1.07180 or it may continue to go down.
Entry: 1.0760
SL: 1.0765
TP: 1.07180
Hello everyone, I invite you to review the ETC chart in pair with USDT. First, we will use the yellow line to determine the downward trend from which the price went up and created a local upward trend channel.
Moving forward, we will mark support places. And after unfolding the Fib Retracement grid, you can see support at $23.76, which has held the price several...
Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line.
After unfolding the Fib Retracement saitka, you can see that the price is struggling with the resistance at the level of $45,050, while there is still strong resistance at the level of $46,766.
Looking the other...
Hello everyone, let's take a look at the ETH to USDT chart on a 4-hour time frame. As you can see, the price has moved higher from the local downtrend line.
After unfolding the trend based fib extension tool, you can see how the price is struggling with the resistance at $2,413 and may then rise to the resistance at $2,503.
Looking the other way, you can see...
Hello everyone, I invite you to review the ATOM chart in the USDT pair, taking into account the four-hour interval. First, we will mark the upward trend channel with the blue lines, where we could see the price breaking down, and the decline itself was close to the height of the previously defined channel. Currently, using the yellow lines, it is worth defining a...
Hello everyone, I invite you to check the current situation on BTC in pair with USDT, taking into account the four-hour interval. First, we will use blue lines to mark a strong downward trend channel from which the price moved sideways, from which we can determine a local upward trend.
Looking at the current price consolidation, it is worth deploying the Trend...
Hello everyone, let's take a look at the BTC to USDT chart on a four-hour time frame. As you can see, the price is climbing along the local upward trend line.
After unfolding the Fib Retracement saitka, we can see support at $41,853, and then we have a strong zone from $39,658 to $38,529.
Looking the other way, there is strong resistance at $44,985, but before...
I invite you to review the chart of MKR in pair with USDT, on a four-hour interval. Here, using the blue lines, we will identify a strong downtrend channel where the price is approaching the upper part. Additionally, inside the channel, yellow lines will indicate an additional local downward channel, in which the price is at the upper edge, but this may limit the...
I invite you to review the BNB/USDT chart, on a four-hour interval. As you can see, the price remains above the local upward trend line.
Looking at the price increase, it is worth spreading the fib retracement grid, thanks to which you can see the price fighting in a strong resistance zone from $308 to $314, and then there is resistance at $322.
Looking the...
What to expect on the BTC chart? As you can see, the price broke out of the local downtrend line.
Looking at the price rebound, it is worth spreading the trend based fib extension grid, thanks to which you can see the resistance zone from $42,819 to $43,692.
On the other hand, there is support at the level of $40,857, and then we have an important zone from...
