Get started

Bollingerbandstrategy

Bitcoin(BTC): Did not secure $45K zoneThird day of the week, and BTC is going to attempt another breakout here! With last daily candle closing below $45K zone, we did not get confirmation of a breakout from that resistance zone, which is good for sellers (and us as well) But the new daily is already showing some strength, potentially going for another attempt to secure that zone! What's also crossing our attention is that while it is going for another attempt, it is also pushing to stretch the Bollinger Bands, which, usually in combination with resistance, has been a good strong spot! The plan is still the same!
BITSTAMP:BTCUSDShort
by SwallowAcademy
2
Bitcoin(BTC): FVG Zones Can Be Filled Soon!On the first day of the week, we are showing you the major FVG zones that are still are waiting to be filled (lowest being near $26K zone) As for the major picture, we already told you guys that we are shorting the BTC coin and targets are near the $32K zone. The major resistance has been holding strong for now, but we might see one last short squeeze before the downward movement, so be careful here for sure! Do not overleverage if you trade on your own!! Swallow Team
BITSTAMP:BTCUSDShort
by SwallowAcademy
2
Bitcoin(BTC): Struggle To Break $45K - Good Moment To DCA!For the last 21 days, the price of BTC has been held back by that major resistance zone at $45K, which is giving us a small clue that the volume of buyers is decreasing, and with every new weekly candle, we see that they find it harder and harder to break that resistance. With the amazing pre-halving pump markets have had so far, we see the dominance of BTC getting back on its feet (with the fact that yesterday's small drop resulted in some major moves on alt coins). We are still seeing a nice breakdown happen to reclaim those major liquidity zones at $34K and $26K as well. Be safe and trade smart; this week will be hard on many traders for sure!
BITSTAMP:BTCUSDShort
by SwallowAcademy
2
Bitcoin(BTC): $40K Psychological Resistance Is Like A MagnetBitcoin's monthly timeframe reveals cautious growth as we approach the psychological $40K resistance zone. We still wait and want to see that the pre-halving period will show us some downward movement (historically, last time we had a similar setup, prices dropped 60% of the market price). What we are going to do right now is monitor the price action near the $40K zone and see if we will secure it within the monthly timeframe or if we will see a nice rejection! But If $40K won't show any strong rejection but more of a small rejection, then the price might just as well pass this $40K zone and move to the upper zones. So as of now, we are still seeing and waning for some kind of weakness near the $40K zone and a first correction to happen towards the $32K zone. Swallow Team
BITSTAMP:BTCUSDShort
by SwallowAcademy
3
Chainlink (LINK): Potential Huge Drop To Come ?The LINK/USDT chart presents an intriguing setup with two potential bearish reversal patterns emerging—a head and shoulders and a double top. While these patterns are still forming and not yet confirmed, the similarity in their bearish implications cannot be ignored. Our major target is going to be here in that significant fair value gap (FVG) zone. The key area to watch is the neckline zone of the Double Top pattern, which, if breached, could indicate the start of a descent towards the lower green FVG zone.
Short
by SwallowAcademy
9
Tezos(XTZ): Looking Potential Movement To Upper Resistance With an Elliott Wave pattern in motion, points (A) to (E), the coin has been making waves. The climb to point (C) was promising, but now we're in a critical phase as we've slipped from there, and point (D) is giving us some hope from the push it is showing us right now. It looks like we're gearing up for a decisive moment at point (E). If the bulls can muster up the strength and we break past the resistance near the $0.90285 mark, we're eyeing a potential uptrend that could challenge previous highs. On the flip side, if the bears take the reins and we see a downturn from (E), there's a chance we could dip back down to test lower supports. It’s all about the play-around point (E) now. We personally want to see a nice rejection happen in the near future. that point!
Short
by SwallowAcademy
4
Bitcoin(BTC): First Weakness In 60 Days = Liquidity Hunt StartsThird Week: We are seeing a nice rejection happening near the $44,500 zone, where the last weekly candle closed with nice and good dominance from bears. With that being said, we are seeing the first weakness kick in since October 16th (2 months of straight green candles). Now that the first weak link has accrued, we are seeing a nice start of downward movement, which can easily reclaim a lot of FVG zones on the lower timeframes, where also the majority of liquidity is! The start is nice, so let's see if we can keep it up from this point!
BITSTAMP:BTCUSDShort
by SwallowAcademy
1
Cosmos(ATOM): Waiting For A Re-TestRejection from a key resistance area suggests a potential trend reversal. After a promising rally, resistance rejected ATOM's price, providing an opportunity for a potential entry into a bearish move. If this rejection signifies a true sentiment shift, we may witness a pullback towards the next substantial support levels, mapped around the $9.68 and $8.51 price points. So in short, we are waiting for that lower trend, which was broken, to be re-tested, potentially giving us a good entry for some short-term push.
by SwallowAcademy
Binance Coin(BNB): Reached Major Resistance! BNB is currently exhibiting critical price action as it tests a major resistance zone around $260. This level has previously acted as a strong barrier; a decisive breakout above could signal further bullish momentum. However, the price has faced multiple rejections at this level, so let's see. We have two possible scenarios here: 1) Breakout with a nice re-test, which would confirm this zone to be backed by bulls, and then we will see a nice movement to further upper zones. 2) The price will fail to seize that resistance, leading it to close the daily candle below it and potentially continuing that weakness further down.
by SwallowAcademy
1
Cardano(ADA): Time To Short! The price has recently formed a rounded top, indicating a bearish reversal pattern. A critical support line around $0.5486 is currently under pressure. If this level fails to hold, there's a strong likelihood of a breakdown. This potential breakdown could accelerate a move towards the next significant support levels. We monitor this support closely for signs of either a bounce, which could offer a bullish scenario to upper zones (small one), or a breach, which may confirm the bearish outlook. A decisive daily candle close below this support could be used as confirmation for a bearish outlook.
Short
by SwallowAcademy
4