Ethereum looks interesting after that breakout from the local resistance zone and EMA 200. We are not looking for the current market price zone where we see last resistances to be broken and prices moving slowly to lower zones. We have three potential market zones that can be addressed if we see more red candles today (Monday)! Swallow Team
Cardano is looking sweet after a recent re-test (failed) of EMAs. We are now keeping an eye on a potential further movement to the lower zones here (orange lines) that act as supportive zones. Although we see that the first line has been checked and the price bounced nicely from there, we still seek further moves to lower zones here! Swallow Team
Binance Coin is still looking sweet after that fakeout breakdown of EMAs. Now we are approaching those lines again after another rejection from the upper resistance zone. We are keeping an eye on those EMAs for a potential breakdown, and if we get one, we should see further movement to lower zones here! Swallow Team
New week is here and another red candle from Bitcoin. We are seeing that pressure from sellers, which is more than good. As you all remember, we have been mentioned for some time now that correction is "must have," and we will get one eventually. Corrections are healthy for future bullish market so keep your eyes up and get ready. This upcoming weeks should be...
Uniswap caught our attention, where we are seeing a really good chance of upper zones being reclaimed, where we might find a good entry for potential downward movement (rejection from upper zones). We are keeping an eye on those EMAs, which are only zones of resistance for now, and if we see rejection near those zones, we will see further moves to lower zones; if...
Cosmos has recently had a nice downward movement, resulting in a full breakdown of EMAs and local support zones. As of now, we have also had a successful re-test of the broken zone. We are keeping an eye on potential further movement to lower zones, which has a high probability, but only as long as we strongly hold that re-tested zone. If we see a breakout...
Litecoin has broken out of the local resistance zone, where the price has somewhat secured this zone as well. We are not looking at further pushes to EMAs or a local rejection from the current zone (fakeout scenario). We are waiting for outer zones to be reached, and from there we will be looking for further movement, either to upper zones or to lower zones...
AAVE coin has had a nice small consolidation after that nice downward movement from breaking both 100 and 200 EMA. We have displayed 2 points of interest for us where we will be looking for a potential downward movement; all we have to do now is wait! Swallow Team
Cosmos has fully broken away from EMAs and the local support zone (which has turned into a resistance zone). While we see the re-test happening, we are looking for a potential further breakdown from the current zone, but we are cautious as we see how oversold the RSI is and also the fact that EMAs have not been re-tested at all. So, we keep an eye on the...
Solana has made a really nice downward movement and we might see very interesting movement here, where before the breakout we had a Cup&Handle movement and now we are seeing a reverse of that same Cup&Handle pattern, where price is currently testing that support zone, which is also a neckline for both of those patterns. Swallow Team
VeChain is teasing that support zone, which seems about to be broken!! We are monitoring this coin and this zone for any signs of weakness, as if we see one, we might see another 35% of movement on this coin! Swallow Team
Tron has had a nice, small recovery phase after that drop recently. We are looking here for further recovery to the upper zones (towards EMAs), and from there we will be looking for a possible short position! If we fail to maintain the current zone and move to a lower liquidity zone, then we will be looking for an early, short setup! Swallow Team
Chainlink is next on our watchlist, with a nice potential to form a H&S pattern. While the coin has dumped greatly here, we see a good chance of recovery (smaller) and then, of course, a breakdown of that neckline zone right there! There is also a chance to see a movement to lower zones from the current zone, so keep an eye! Swallow Team
Polkadot has also made a good downward movement, with prices breaking all FVG zones and also EMAs. We are now seeking a potential further movement to lower zones here, but only if we see a good breakdown of the current zone (where prices find it hard to hold the zone and sellers are slowly taking over). Swallow Team
Litecoin is the first one that caught our attention with a breakdown of both 100 and 200 EMA. We are also seeing that the price has stopped (the dump) just near the Litecoins trend line, which has rejected the price as of now. We see a price to move inside that triangle formation for a while before further movement to lower zones (if we see a breakdown of that...
Cardano is showing some decent movement to the upper zones upon the new weekly opening. Although we see a recovery, we are looking overall for further drops to happen here, as we had a clean breakdown of the trend and also 200EMA (which were broken without any struggle). So we look forward to DCA-ing this one! Swallow Team
Ripple is another coin that is back on our attention list, where the price secured nicely in the in the branch of EMAs, and now we are looking for a re-test to happen! We have two possible moves here, so let's see how the price will reach the current zone where we are! Swallow Team
Ethereum is showing some strong re-testing after the breakdown of local support. Our attention is now at the current re-test and also at the upper resistance zone near $3665, which should be touched only if we see a breakout from the current re-test. Swallow Team