We are back with Ripple Coin, this time in the daily timeframe. We are looking for a similar pattern to form after each liquidity pressure point. We see that the price has been seeing some kind of sideways movement (with slight downward pressure). So now we are left with two scenarios (mainly looking for a bullish one). If all plays out nicely, we should see...
Cardano has made another attempt to breakdown the local triangle formation after forming a quick lower high zone on the upper line. We are looking for the current price to stay below EMAs, which would result in further movement to lower zones and a price securing that zone below the lower trend line! Swallow Team
Binance Coin has made a nice breakout attempt, which ended up being a fake-out zone. As the price is now back at the resistance zone, we are looking for price movement back below that zone, which would result in a potential movement to further lower zones, which would also fill many FVG zones. Swallow Team
Another week is here and what an amazing weekly closing price action we had for the last couple of days. As price is now back near resistance zone, forming a potential full fakeout zone on the upper sides, we will be looking for further movement to lower zones, where first target would be $60K and second target will be $50K. Keep in mind that current economy is...
Fantom has had a really nice breakout since forming that cup&handle pattern on a daily timeframe. We are looking now for that broken zone to be re-tested while forming a small triangle formation here with a potential breakout moment! Swallow Team
Solana has had a few bounces after the recent touches to 100/200 EMA. As the price has bounced (and failed to breakdown from the local middle line there), it now went to the to the next resistance zone (the red line). We are looking closely for that zone there, from where we want to see a successful rejection, further movement, and an attempt to break that...
Cosmos is back at 200EMA line, where historically it has been seeing rejections. Also notice that trend line where price has been jumping off, and this gives us the next case: As we are approaching those two zones here, the gap between them is getting smaller and smaller, which means we will soon see a breakout or breakdown from there. We keep an eye on both of...
Aave has had a nice movement to the upper resistance zone from where we got rejected and now the coin has been trading just above 100 and 200 EMA. We are looking here for multiple scenarios of bullish or bearish outcomes. 2 points of interest are branches of EMAs and also that upper resistance zone so let's see which zone will be reached faster! Swallow Team
Uniswap coin is in a major resistance zone after having a massive liquidation movement. This liquidity movement was stopped just right at the resistance zone, where UNI is finding it hard to breakout, which is logical as well. If all plays out nicely, we should see some kind of correctional movement after that huge green daily candle. Swallow Team
Tron is looking nice after forming a small cup there (bounce NR2 zone). We are looking for a potential breakout from the neckline zone and a re-test of local upper resistance from where we expect to see some kind of rejection. Although setup looks good for a while, we are still keeping an eye on it, as we might see a weakening to kick in and a failed attempt...
Chainlink had made a small fakeout, attempting to breakout from local resistance zone. While price is now back below that zone, it is not yet secured, so we are waiting for further confirmation here (in the form of re-test). Swallow Team
Polkadot has been bouncing from one side to another, and now we see pretty strong pressure to lower side of the triangle formation here. We see that the price touched nicely on the lower side here and yet is showing some weakness after a small attempt to breakout. We are now looking for a breakdown as mentioned earlier, and as soon as we get it, we should see...
Cardano is looking nice, forming a triangle, pressing both the lower and upper sides, and tightening the end gap of the triangle. We are keeping an eye on the formation and also the EMAs here, which are indicating a potential further drop to happen here. The reason is simple: We had a nice liquidation on April 12th, and we had some small re-tests (but they...
First week of the new month is here and we are seeing some upward momentum here, pushing the upper resistance zone (potentially going for a fakeout). We are looking at current zones, which are $69-71K which are a huge point of interest for us for a potential fakeout zone right there. But this is not mandatory, as we are near correction phase where accumulation...
Floki coin maintains the bullish pressure despite the dumps on the BTC. We are looking for that neckline zone to be broken anytime soon and a movement for upper zones for new ATHs Swallow Team
A few of you asked for our view of CRO (after showing you one of our members, TA). We see that CRO has similar patterns: Bullish zone, Distribution zone, Bearish trap zone, and Bullish zone. We are now forming another Bearish trap here while also entering a zone of accumulation. We see it that way; as long as we are above 200 EMA, we are good for another...
Dogecoin is looking pretty bullish for us at the moment, which could end up with the price touching that upper resistance zone. With that being said, we are looking for one of those white zones to be reached from where we will be looking either for a buying opportunity or selling one. Swallow Team
Litecoin is looking interesting after that nice rejection from the resistance of EMAs and a nice steep breakdown from the localsupport zone. As we broke that support zone, we are now looking for a nice movement towards that lower liquidity grab zone, from where we want to see a nice rejection again. Swallow Team