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...
Litecoin is showing some strength, pushing towards upper resistance, and potentially breaking it soon as well! We are looking here for a clean breakout to happen in order to catch a potential long position! Eyes open as if we will not see a clean breakout, then we will go back towards EMAs
Matic Coin has shown us some major moves here recently. With many new opportunities opening up for us in smaller timeframes, we are looking for some kind of movement where we want to catch a nice short position and then a potential long one as well while remaining inside the zones here! Swallow Team
ADA is the starter of the day with a good potential for both bullish movement and bearish movement. The first scenario is having a NCI breakdown near 100EMA, which should result in a good entry for a short position. The second scenario is that once we see a price near $0.068 and have a further breakout, we will most likely see a continuation of the bullish...
The second day has started with some sharp rejections near the upper resistance zone. With that nice rejection we have had, the price of BTC is also in the process of breaking the middle line of Bollinger bands, which has been holding strongly that bullish movement we have had for the last few months. If price fully secures that middle line of Bollinger bands, we...
Bitcoin'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...
The first day of the week seems rather neutral, with slight bearish signs. We see the price of BTC being held by resistance at $45K and, at the same time, being on the upper side of the middle line of the Bollinger Bands. Our first target is to enter back inside that small trend path and potentially breakdown from it as well! Which should result in a nice first...
Link on a bigger timeframe is still in the process of forming that H&S pattern, where we are waiting for a nice breakdown to happen near that neckline zone. This gameplay is valid up until we are below that upper green resistance! Swallow Team
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...
The price is currently hovering around a key resistance level, with potential entry points highlighted. The market is indicating a possible downward trend, with the major target set at a lower support zone (near 100 and 200 EMA). Swallow Team
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...
ETH, on a smaller timeframe, is showing us some interesting patterns as well. As we can see, that upper, smaller resistance is primarily holding price, which will determine the following significant movement. Breakout + Re-Test = Bullish Movement Rejection + Re-Test = Bearish Movement Swallow Team
Third 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,...
With holidays just around the corner, the price of BTC is having hard times breaking that major $45K zone, which has been some kind of resistance for quite some time. With that being said, we see a weakness in volume from buyers, which is also good for us as we are getting ready for a potential major correction to happen before the next bullish market...
Rejection 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...
Our attention got caught by LINK coins, whose price has had a nice bounce from the lower support zone, breaking compliantly that 200EMA and now going for that 100EMA as well. We are seeing the price hitting the upper resistance soon if this kind of push continues from where we are going to look for a potential short position! Swallow Team
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,...
Yesterday we had a nice attempt to breakdown to lower zones, literally starting that downward movement, but price recovered pretty fast. We are still heading for that upper $45K zone, where we are expecting some major movement to lower zones to happen!! Swallow Team