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
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
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...
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
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