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
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
Polkadot caught our attention with its price, showing some signs of a fakeout near the resistance zone (which was broken but not secured). As we are forming a fakeout here, we are also looking for potnetial downward movement here, so eyes open! 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...
Binance coin is back, but this time in a smaller timeframe. As we can see on a smaller timeframe, the price has been moving neutrally below both 100 and 200 EMA. As we broke already, the EMAs price has been testing that same broken zone multiple times yet without any success or failure. What we need here is to see a good rejection, which would result in...
Ethereum is first coin of the week, with price trying to breakout from triangle formation and 100EMA at the same time. As we are monitoring each daily candle closing and opening price, we are looking for possible further movement to upper zones here if we manage to secure that zone right now. If we fail to secure and result in a fakeout zone, then we will see...
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...
Cardano has made a really nice rejection after that massive breakout from the triangle formation. We are now looking for further movement to the lower zones, possibly touching that support zone there as well! Swallow Team
Decentraland has broken the 100EMA which has been holding the price back for a few months now. As we had a nice breakout and a successful re-test recently, we are not looking for that 200EMA threshold. As long as we are below that 200EMA we are looking for further movement to lower zones (potential touch to support). Swallow Team
We are back with Polkadot, where our attention has caught that 200EMA which has been holding its ground since April 22. We are now yet again back at 200EMA testing it, and we are looking for a potential rejection to happen from here. If we see it, we should see a nice downward movement from here! Swallow Team
Cosmos has moved nicely to the lower zones here after a rejection from 200EMA zone. We are not seeing some small bounce momentum where price is trying to secure that middle line of Bollinger Bands, but despite that, we see further movement to lower zones to happen (as long as we are below 100EMA). 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...
After multiple attempts at testing that 200EMA it was finally broken (with massive volatility). We are not looking for two zones here, "point of interest" where the upper one is working as resistance and the lower one is working as support. Upon reaching either of those, we want to see a rejection from the upper one or a breakdown from the lower one, which...
Chainlink is back with some liquidity sweeps after having that major breakout from 100 and 200EMA showing no remorse towards traders here. As we broke those zones, we also entered the overbought zone with RSI, while the price is also testing now in that major resistance zone. If all plays out nice, we should see one good rejection from here soon! Swallow Team
Litecoin is another one on our radar, for the same reason Polkadot was. 200EMA is being tested yet again, and we are seeing high chances of rejection happening from here! If all plays well, we should see the movement in the next 48 hours, so we are waiting for further confirmation here! Swallow Team
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...