Cardano has had another successful rejection from 100&200 EMA and Bollinger Bands in a daily timeframe. We are now at the middle line of Bollinger Bands, which was a logical move after a sign of overbought from the BB indicator. Now that we are at that middle line, we are looking for a breakdown to happen, which would result in a movement back to lower support...
Chainlink has formed a perfect setup for downward movement from here after forming the first half of the right shoulder on Head & Shoulder pattern. We are pretty bearish on this one, so let's see how it plays out! Swallow Team
Litecoin has finally broken EMAs on a 4-hour timeframe. Now we are seeing a price move to that trend line where we might see some struggle, but we want it to be broken. As soon as we break it and secure it, would be a good downward fall from there as well!! If we somehow manage to hold it, then a movement back to upper resistance will be more...
Polkadot has made yet another fake-out zone, showing us the demand for downward movement here. We are seeing a great chance of those EMAs there being touched and broken, which would result in a nice downward movement! Swallow Team
The new week is here, and we see immediately some kind of small recovery happening after a failed attempt at breakout, where the price is now testing again on the upper side of resistance. Despite the small bounce at the beginning of the week, we have not changed our minds about a downward movement happening here. And to make it even more clear, we set 2 possible...
Ripple has made yet another fakeout zone near 200EMA where the price is now back on the upper side of that EMA, and is looking for a potential breakdown from here. If we manage to break we will be back at that trend line there resulting in a nice small gain here! Swallow Team
Ethereum is back at a major resistance zone where we see big similarities with the Bitcoin ETF. The price is still showing slow bullish signs near the major resistance zone, where there might be one last "push.". We are now looking for a potential rejection to happen from that zone, which would result in a nice downward movement!! For now, all we can do is...
We are back with Solana, where price is seeing some weakness after a nice touch to the upper resistance zone (after a breakout of the local resistance zone / middle blue line). We are now looking for the price to move back to that middle blue line and potentially break it as well. Swallow Team
We are back with Solana coin, where we see that another attempt of breakout has turned successful and price has broken the resistance. We now keep an eye on that broken zone, as we have two possible scenarios from here: 1) If we secure current zone, then we will move further to upper zones (towards next resistance) 2) If we fail to secure and have a fakeout...
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
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
After multiple touches and forming a nice trend, the price is now fighting two zones (trend + upper resistance). We keep an eye on price action here, but to be honest, we want to see a break of that trend happen, and as soon as we get it, we will be looking for positions! Swallow Team
Avalanche is still trading inside those zones where a recent touch to upper resistance has resulted in a nice breakout of EMAs and also a fakeout near the resistance zone. We are looking now for a possible movement to lower zones here, but before that, we need to secure those EMAs. Swallow Team
We are back with Bitcoin this time on a daily timeframe, where we see that the price is not showing any remorse toward the current resistance zone and is still trying to push and break it. As we are seeing some attempts to break that zone, we are also looking here for two possible scenarios. Overall, the gameplan has not changed, as our final target is still...
Bitcoin reached its first point of interest, where the price is not at $67,800 and is still pressing and showing some weakness! Bollinger Bands middle line was also broken without any struggle, so we should see some good further fall here! Swallow Team
Bitcoin Has reached its first point of interest, which is $68K, the price is now finding it hard to breakout from there! As we are slowly pushing there, we are waiting for some kind of weakness to kick in or a rejection to happen (even a fakeout is option here). As there is still some liquidity to be taken near the current zone, we might see a fakeout, which...
Cosmos has had another rejection from 200EMA where the price is now possibly going towards the lower support zone. As we had another rejection / fakeout, we think that price will bounce from one side to another until it is pressured from both sides (end of triangle formation). Swallow Team
Litecoin has touched again that upper resistance zone and got rejected from there, where the price is now back trading below that resistance. We are looking for a potential touch to EMAs here and a possible breakdown from it as well, overall, a downward movement from the current zone, so let's see! Swallow Team