We are back with Cardano, where price is yet again rejecting that upper trend line (which is close to 100EMA). We are looking for price to move now toward lower zone of that triangle pattern from where we expect some sideways movement to happen (and eventually a breakout or a breakdown). Swallow Team
Binance Coin is still trading inside that sideways tunnel, bouncing from one side to another. We are seeing price approaching yet again in the in the upper zones, where previously we did not have a touch on the lower side of that zone. We expect to see a downward movement soon from the current zones, so eyes open! Swallow Team
Another week is here, and we are yet back with Bitcoin, still trading in those "cursed zones" of upper resistance and our entry line. While last week closed nicely in red with almost no wick, we see that the new weekly is pushing, but we are not very optimistic for that push!! Our gameplan is still the same, where we wait for our entry zone to be broken so...
We are back with Crypto.com coin, where we see a good chance for a breakdown to happen. We are seeing that while the price has been bouncing nicely from the bullish trend, we also have been seeing a few fakout zones near 200EMA. As we see multiple failed attempts to breakout from EMAs we have not yet seen any attempts for potential breakdown from trend...which...
Avalanche is trading inside a nice sideways tunnel, jumping from one side to another without any attempts to breakout or breakdown. We are now looking for a possible touch to the lower side of the sideways tunnel, from where we will be looking for a potential buy-in! Meanwhile, we see a good rejection from 100EMA and a possible good further movement to lower...
Cosmos has nicely secured 200EMA, and now we are keeping an eye on a possible breakdown to happen at 100EMA, which is now holding the price up and giving some kind of supportive zone there. As soon as we break and secure it, we should see further movement towards the target zone! Swallow Team
Solana had made a nice resistance zone near $160 where we had so far 2 full rejections and 1 smaller one (at the beginning). We are now monitoring the EMAs that are trying to perform a change of trend, which would mean a nice movement to lower zones towards our target line (red). Swallow Team
Chainlink had made a nice re-test (successful one) after that massive breakdown from upper zones. We are now keeping an eye on that second re-test to that same 200EMA which could lead to further pressure and a movement to lower zones as well! Swallow Team
Polkadot has again reached the zone of EMAs and is currently looking pretty strong. We are now keeping an eye on a potential rejection from our current zone. If we get one, movement to lower zones will start (as it has been after rejecting EMAs). Swallow Team
Fetch has reached a major zone of resistance after showing us some strong bullish movement after breaking those EMAs like nothing. We are now monitoring that resistance zone for any possible zone of weakness, and as soon as we see one, we will be looking for a possible show position! Swallow Team
Fantom caught our attention with the nice rejections near 100EMA that we have been having recently. We have now approached that same 100EMA again and got rejected, but the price is showing some kind of upward momentum currently. We are keeping an eye on both EMAs here for a potential rejection to happen, which would result in a movement towards our lower...
Avalanche had broken the 100EMA with a nice and steady upward movement here, which is now approaching the 200EMA threshold zone. We are looking for a potential movement to lower zones near the current market price, which has also led RSI into the overbought zones. If we see a nice rejection here, we will see further downward movement! Swallow Team
Another rejection has happened after price reached that target zone. As mentioned earlier, as long as we hold that 200EMA zone we should not see any furhter upward movements here. As of now, EMA is holding strong! Swallow Team
Bitcoin is yet to be back in it's 60s on a weekly timeframe after massive liquidity moved to lower zones (toward the middle line of Bollinger Bands). We are not keeping an eye on potential further movement to lower zones, but the current weekly opening seems promising only for bulls. Despite that, we are below the major resistance zone, so we do not see any...
Litecoin is back, and this time in the daily timeframe. Here, our attention is all on that 200EMA, while multiple times it has been a zone of bounce for the coin. Pressure is high and demand is high in that zone, so we are looking for any potential candles to secure this zone fully in order to see a full-scale movement to lower zones here! Swallow Team
Cardano made a nice bounce after our last prediction of movement towards that lower supportive zone. We are now seeing a price touching 100 EMA, which is the next zone of resistance, and the same goes for 200 EMA. We are keeping an eye on both of those zones for any potential rejections to happen, so eyes open! Swallow Team
Bitcoin is still showing a good demand here, reclaiming last weekly FVGs (on smaller timeframe). As we see the pressure being big here, we are monitoring for price to secure potentially below our sell zone, which would activate a full-scale correctional movement! Swallow Team
We are back with Binance coin after that fakeout movement near EMAs (from last TA). We got a nice small 10% market price movement, but nothing too big. Price went back for bullish movement, reclaiming again EMAs and going for a potential re-test of upper resistance. We will be looking for that zone there for any possible rejection and a good entry as...