Avalanche has had a nice rejection and now broke also EMAs (where price is currently re-testing them). We are waiting for that rejection to be successful, which would result in further movement to lower zones, towards the support zone. Swallow Team
Cro is looking pretty bearish to us, pressing heavily to breakdown from that triangle formation there. The final confirmation would be of course breaking and securing that 200EMA, so this is our major point of interest! Swallow Team
Solana is moving nicely after forming that local top near $188. Ever since, the price has moved smoothly to lower zones, testing the EMAs and still pressing the zone there. We are waiting for a clean breakdown from there and a potential movement to the lower support zone (or at least movement towards it). Swallow Team
Cosmos has been bouncing on a trend ever since breaking down from EMAs. As price is pressuring the trend, we are looking for a breakdown to happen from here, but we might see one re-test to EMAs before that. Now all we can do is wait and keep an eye on both trend and EMAs Swallow Team
Aave has formed a local top, and now it is looking for a new zone from which to bounce off. We see a good chance of the lower support zone being touched and the EMAs being tested as well so this would be the zone we will be looking at! Swallow Team
Dogecoin is back on trend with a two-way scenario here. The first one is clean, where we might see further upward movement while bouncing off the trend line. The second one is where we break the EMAs and trend, which would result in a movement towards the lower support zone. Swallow Team
Tron is yet again at 200EMA trying to break this 4th time. We are looking for a successful breakdown here, which would result in a strong downward movement! Swallow Team
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
Shiba is back with amazing moves here, which also caught our attention. We are looking for another parabolic move here but it might take some time. We will be looking into buying (DCA-ing) the position as we might see some sharp moves here to lower zones, but overall the end game is only one here 😉 Swallow Team
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...
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...
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...
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