cryptodailyuk

🔍1. General Context and Short-Term TrendShort-Term Trend: The last dozen or so candles have shown strong fluctuations — a typical sideways market (consolidation) after a clear upward impulse and a quick drop. The price is currently trading in the range of around $104,900–$106,500.Recent Strong Move: Clear upward impulse from around $104,900 to around $106,900, followed by a quick correction.📌2. Supports and Resistances (H1)Supports:$105,000–$105,200 — Bottom of local wicks and several demand tests.$104,900 — Lowest point of the last few hours, clear buyer reaction.Resistances:$106,200–$106,400 — Upper area of ​​several candles, strong price rejection.106,900–107,000 USD – The peak of the last impulse, a place of clear supply.✅3. Candlestick formations and price actionPin bar / long wick: Candles with long lower wicks are visible around 105,000 USD, which suggests that buyers are defending support.Double top? (Double top): Peaks around 106,900 USD (03.06 and 04.06) – a classic signal of a potential change in direction to the lower.Possible consolidation: The last few hours have been a series of alternating candles, signaling the lack of a clear advantage of bulls or bears.🧠4. Technical indicators (MACD and RSI)MACD (lower panel)The MACD line crossed the signal line from the bottom to the top, then a quick correction and currently the MACD is close to zero – no clear trend, momentum has slowed down.MACD Histogram: Declining, close to zero, suggesting potential lack of strong trend and possibility of further consolidation.RSI (middle panel)RSI value ~44–48 – not overbought or oversold, neutral market state.No divergence – RSI generally follows price, no strong divergences are visible.RSI bounced off 30 (tested oversold zone and returned to neutral range).🧠5. What could be important?Volatility Squeeze: Low volatility after a sharp move often heralds another impulse.Potential Fakeout: If support at $104,900 is broken falsely (e.g. quick wick and return), a move up could occur.No clear trend on the hourly chart, rather sideways market in the short term.📊Summary and scenariosScenario 1 (bullish):If the $105,000-$104,900 level holds, we can expect a test of $106,200-$106,400 and perhaps another attempt to approach $107,000.Scenario 2 (bearish):If the $104,900 support is broken (with a candle closed below this level), the next target is around $104,500 and below.What to watch out for?Timing of macro data releases - may increase volatility.Sudden breakouts from consolidation - no trend = higher risk of sudden, false moves.

🔍1. Technical situationETH/USD is in a consolidation phase — the price is moving in a rather narrow range, without a clear upward or downward trend.📊The upper limit of this consolidation is the resistance zone of USD 2,664–2,717 (green rectangle on the chart).The lower limit is the support zone of USD 2,495–2,446 (red rectangle).2. Potential formationA potential double bottom formation can be seen on the chart, which is a classic trend reversal formation to an upward one.The lows occurred around May 25–31 and at the end of May.Confirmation of the formation would be a breakout of the resistance zone of USD 2,664–2,717.3. Technical indicatorsRSI:Currently, the RSI has rebounded from zone 40 and is heading up. Exceeding the 50 level may be a signal of buyers' strength and support for the bullish scenario.On the chart: "Potential rebound signal - watch break above 50"MACD:MACD is close to generating a momentum change signal (potential intersection of the MACD and signal lines).On the chart: "MACD near signal - watch for momentum shift"4. Scenarios for the coming hours/daysBullish scenario (up):✅If the price breaks above USD 2,717 (exit from consolidation upwards), a dynamic move towards USD 2,800 can be expected.Support for this scenario will be signals from RSI and MACD.Bearish scenario (down):🔻If the price rejects the resistance zone and returns below USD 2,446, the risk of going down to the next support in the area of ​​USD 2,300 increases.🧠SummaryKey Levels:📌Support: $2,495-$2,446Resistance: $2,664-$2,717Currently, the market is in consolidation with an attempt to break out to the top.Watch for: Resistance breakout (potential bullish signal) and support reactions (potential bearish).Pattern: Potential double bottom - needs confirmation.

🔍1. Overall Trend:In the long term, we can see that MKR was in a downtrend, as evidenced by the falling trendline (orange dashed line).The last candles show that the price has broken this downtrend line - this could indicate a potential trend reversal or at least an attempted upside correction.📊Support and resistance levels (horizontal chart):Strong support (red) and resistance (green) levels are marked:✅ Resistances:~3,770 USDT – local top, very strong resistance.~3,079 USDT – previous support, now acting as resistance.~2,002 USDT – current growth barrier, price is currently struggling with this level.🔻 Supports:~1,574 USDT – current local support.~1,248 USDT – next support, previously tested.~800 USDT and ~400 USDT – historical accumulation zones, deep support levels.Oscillators (bottom of the chart):Stochastic RSI – currently in the upper zone, which may suggest that the market is approaching overbought. Possible correction.RSI (classic) – oscillates around 50, i.e. neutral, but with a slight upward slope. There is no overbought signal yet.🧠 Conclusions:➕ Bullish signals (pro-growth):Break of the downtrend line (may be the first signal of a trend change).Formation of a higher low.Oscillators are not yet in the extreme zone.➖ Bearish signals (pro-fall):The price has not yet managed to break the resistance at 2,002 USDT.Stochastic RSI indicator close to the overbought zone - possible short correction.📌 Scenarios:1. Upside scenario:If the price breaks through the 2,002 USDT level and stays above it, the next target will be the 3,079 USDT level.Confirmation will be the rising RSI and staying above the trend line.2. Downside scenario:If the price fails to break through the 2,002 USDT level and falls below the 1,574 USDT level, a possible test of the 1,248 USDT level or even lower (800 USDT).

Hello everyone, I invite you to review the current situation on BTC taking into account the 4-hour interval. We can see how the price is maintained just below the upward trend line, while a downward trend channel may be forming locally.Here you can see how the price decline is maintained in a strong support zone from $ 105,000 to $ 103,150, however, if the support zone is broken, the price may quickly fall to the support area at $ 100,700Looking the other way, you can see that when the trend reverses, we first have resistance at $ 106,560, the next is at $ 108,590, and then you can see very strong resistance at the level of the last ATH in the area of ​​$ 112,000.On the MACD indicator and the RSI indicator, you can see how we are maintaining in the lower part of the range, which indicates that the price bounce is still taking place to continue the growth.

Hello everyone, I invite you to review the current situation on BTC. When we enter the four-hour interval, we can see how the BTC price has left the ongoing upward trend line at the bottom, and what's more, we can see how the current movement is creating a local downward trend channel in which the price is currently on the border of the previously created upward trend channel, which gives a strong support point.Here we can see how the current downward movement has entered the support circle that starts around $ 104,800 and ends around $ 102,200, this is the place where two conflicting channels have converged. If these supports do not hold the price, we can see a quick recovery to around $ 98,000, and then to the level of $ 93,900.Looking the other way, we can see that when the trend reverses, we first have resistance at $107,670, then a resistance zone from $110,000 to $111,700 is visible, at the border of two channels, and then resistance is visible around $113,800.On the MACD indicator, we can see a return to the downtrend, while on the RSI we return to the lower part at the lower border, which could potentially provide energy for a future upward movement.

Hello everyone, let's look at the 4H LTC to USDT chart, in this situation we can see how the price is moving in a specific yellow triangle, in which we can see an attempt to exit from the bottom. On the other hand, the blue lines mark the main channel of the downtrend and here we can see how the price is fighting with its upper limit, but it is a strong resistance.Let's start by defining the goals for the near future that the price has to face:T1 = 101 USDT2 = 111 USDТ3 = 124 USDТ4 = 147 USDNow let's move on to the stop-loss in case the market continues to fall:SL1 = 90 USDSL2 = 80 USDSL3 = 63 USDThe RSI indicator shows a rebound, but the movement remains around the middle of the range, which further leaves room for a potential deepening of the rebound.

Hello everyone, I invite you to review the current situation on BTC. When we enter the four-hour interval, we can see how the BTC price is moving in the upward trend channel, in which several upward waves can be marked, which may indicate the beginning of another wave of growth.Here you can see how the current rebound has brought the movement closer to a strong resistance zone from $ 110,400 to $ 113,200, only breaking out of this zone on top can give the price an increase in the area of ​​strong resistance at $ 121,000.Looking the other way, you can see that when the trend reverses, we first have a support zone from $ 106,600 to $ 105,400, however, if this zone is broken, we can see a quick return of the price to the area of ​​strong support at $ 102,000.The RSI indicator shows how a support line was formed from which the indicator bounced many times, giving the price an increase, while the MACD indicator maintained the upward trend and created room for another upward movement when the price recovered.

Hello everyone, let's look at the 1D XRP chart to USD, in this situation we can see how the price lasts above the downward trend line. Going further, let's check the places of potential target for the price: T1 = $ 2.51 T2 = $ 2.67 Т3 = 2.79 $ t4 = $ 2.92 Let's go to Stop-Loss now in case of further declines on the market: SL1 = $ 2.31 SL2 = $ 2.17 SL3 = $ 2.06 SL4 = $ 1.89 Looking at the RSI indicator, you can see how he reacted and returned to the middle of the range, which creates a place for a panty growth.

Hello everyone, let's look at the 1H BTC chart to USD, in this situation we can see how the price dropped below the local upward trend line. Going further, let's check the places of potential target for the price: T1 = 109196 $ T2 = 110644 $ Т3 = 111850 $ t4 = 112951 $ Let's go to Stop-Loss now in case of further declines on the market: SL1 = 108351 $ SL2 = 107537 $ SL3 = 106390 $ SL4 = 105455 $ Looking at the RSI indicator, we see staying over the upper limit, which can give price drops, while the MacD indicator lasts at the bottom of the range and is close to returning to the upward trend.

As we can see, the BTC price is moving according to the previously mentioned rules. Here we can see how the price left channel number 1 at the top, and the increase after leaving the channel gave an upward movement at the level of the height of the channel itself.In this situation, it is worth paying attention to channel number 2, from which we also previously got an exit at the top with a strong upward movement, currently we can see how the price is fighting with strong resistance at the level of $ 111,500, however, taking into account the height of channel number 2, we can mark the level of around $ 121,500 as another very strong resistance.