Coin has broken so compliantly that 200EMA is currently re-testing this same EMA. As long as this re-test holds its zone, we might see some further movement to the lower zones, but if the re-test fails and moves slightly to the upper zone, we might move towards our upper, smaller resistance that we displayed as "orange" zones! Swallow Team
LTC coin is showing some strength here with a good potential for upward movement here on a daily timeframe. We are looking here for a potential breakout with a confident re-test as always, but we are ready for all kinds of movement here, meaning if we fail to breakout, then we might touch that lower line! Swallow Team
SOL has been on our radar ever since that 40% gain we achieved, but as of now, on a daily basis, we are seeing a nice indication of a potential downward movement soon!! With the price being multiple times outside of the overbought zone, we see that the price is feeling pushy, where currently it is attempting to form another zone outside of the overbought...
Coin has been having some recovery after being in an "oversold" zone with RSI. We are looking for any potential movement to the upper zones (towards EMAs and resistance zones) from where we want to see a nice rejection happen and, of course, a downward movement as well! Swallow Team
DOT is looking for a good entry to move to lower zones, it seems. After another touch at 200 EMA, the price has bounced back up but remains in between 100 and 200 EMA. We are monitoring for market price movement here and any potential correction to upper zones or a potential breakdown from 200EMA. Swallow Team
TRX is feeling pushy here after having that "fakeout" movement near the upper resistance zone. We had rejected the higher zones here, and now the price is trading slightly below the resistance. We want to see that zone controlled by bears, which would mean we will see a potential movement to EMAs. Swallow Team
Bitcoin is looking better than ever. Last week we had a nice downward movement, and the current week started with some sharp movement to lower zones towards that $40K zone. As you all know, we have been looking at two major zones of $34K and $26K (which hold the most liquidity), which is more of a mid-term movement for us, but in the short-term we are looking for...
While Bitcoin had a smaller correction yesterday, it has tested that broken zone as of now (but there has been no significant movement there as of now). We are still keeping an eye on that potential upper zone to be repaired (which means a breakout from a broken zone). If everything plays out nicely, we will see a very nice downward movement, for sure! Swallow Team
BCH has been teasing both EMAs for some time now and we see a nice downward movement to happen sooner (after securing that 200EMA) After that confimational breakdown, we will most likely see a lower support zone being reached there! Swallow Team
Following the link previously, we see how nicely it has been dumping so far. With 11% of market price movement, we see prices reaching that 100EMA, which is mandatory to be broken for further movement to lower zones here! Swallow Team
After that major rejection from the 200EMA price, LTC has had a hard and sharp rejection without any resistance from buyers. We are seeing here a further movement to lower zones to occur, but we are prepared for a potential small correction as well before continuing the downward movement. Swallow Team
After amazing movement on Bitcoin, we are seeing some kind of re-test happening in the upper zones (which is natural movement for coins) We are looking and keeping our eyes open for a potential short-squeeze to happen (as a lot of liquidity is sitting up there in the $43K zone). Overall, Target remains $34K.
With ETH being very volatile, it is looking for a breakdown of current zone (After having massive movement to upper zones) We are closely monitoring price to potentially secure those lower zones (securing by bears); once we see it, it should be a good start for price to move closer to both 100 and 200 EMAs. Swallow Team
ADA has been on our watchlist for very long, and after that massive upward movement this coin has had, it seems the buyers are getting exhausted. We are looking here for that breakdown to happen from the current support zone, which can start a nice downward movement for this coin! Swallow Team
BNB coin is one of the starts of this week where we are seeing a surge to breakdown of 200EMA. As we have previously tested this zone multiple times, we are looking for a full-scale breakdown from it, which would activate a potential short position for us. Swallow Team
After having a decent run for the past 12 months Bitcoin seems to get some relief for the sake of its healthy and strong uptrend movement. So What do we have in the market right now? In this post I will cover the scenarios related to the 1D time frame. As we all know the space we found in crypto is so much dependent on fundamentals the ETF was one big thing...
Upon ETF life price of BTC has had an amazing drop where sellers (Bears) took over that FWB:48K zone which led price back to as low as FWB:46K zone. Currently, we are going to see most likely a test of $45K zone, depending on where we are going to look for a potential breakdown! As ETF is now live, nothing changes—we still trade, we still short this...
$40,000 has been broken like nothing; price had secured this zone (by bears) while also filling the first FVG zone and now going for a potential small re-test of that upper broken zone. We are keeping an eye out for further downward movement!!! As we said earlier, the pre-halving push is bad 😉. Swallow Team