Cardano has made another attempt to breakdown the local triangle formation after forming a quick lower high zone on the upper line. We are looking for the current price to stay below EMAs, which would result in further movement to lower zones and a price securing that zone below the lower trend line! Swallow Team
Fantom has had a really nice breakout since forming that cup&handle pattern on a daily timeframe. We are looking now for that broken zone to be re-tested while forming a small triangle formation here with a potential breakout moment! Swallow Team
Solana has had a few bounces after the recent touches to 100/200 EMA. As the price has bounced (and failed to breakdown from the local middle line there), it now went to the to the next resistance zone (the red line). We are looking closely for that zone there, from where we want to see a successful rejection, further movement, and an attempt to break that...
Aave has had a nice movement to the upper resistance zone from where we got rejected and now the coin has been trading just above 100 and 200 EMA. We are looking here for multiple scenarios of bullish or bearish outcomes. 2 points of interest are branches of EMAs and also that upper resistance zone so let's see which zone will be reached faster! Swallow Team
Uniswap coin is in a major resistance zone after having a massive liquidation movement. This liquidity movement was stopped just right at the resistance zone, where UNI is finding it hard to breakout, which is logical as well. If all plays out nicely, we should see some kind of correctional movement after that huge green daily candle. Swallow Team
Chainlink had made a small fakeout, attempting to breakout from local resistance zone. While price is now back below that zone, it is not yet secured, so we are waiting for further confirmation here (in the form of re-test). Swallow Team
Polkadot has been bouncing from one side to another, and now we see pretty strong pressure to lower side of the triangle formation here. We see that the price touched nicely on the lower side here and yet is showing some weakness after a small attempt to breakout. We are now looking for a breakdown as mentioned earlier, and as soon as we get it, we should see...
Cardano is looking nice, forming a triangle, pressing both the lower and upper sides, and tightening the end gap of the triangle. We are keeping an eye on the formation and also the EMAs here, which are indicating a potential further drop to happen here. The reason is simple: We had a nice liquidation on April 12th, and we had some small re-tests (but they...
Another week is here and what an amazing weekly closing price action we had for the last couple of days. As price is now back near resistance zone, forming a potential full fakeout zone on the upper sides, we will be looking for further movement to lower zones, where first target would be $60K and second target will be $50K. Keep in mind that current economy is...
Decentraland has nicely formed that head-and-shoulders pattern where price is now at the end phase and looking for a breakdown from the neckline zone. As we are close to breaking, we keep an eye on possible further moves. It seems like the like the perfect setup! Swallow Team
Avalanche has approached the major support zone where price is tightened between EMAs and that support zone is looking for a breakout or a breakdown. For now, we are looking for a breakdown scenario where, upon breaking the support, we should see a full-scale downward fall towards our target zones! Swallow Team
Solana had made a nice pattern for us here "Double Top". With pattern still forming, we keep an eye on that neckline zone, which has aligned with 200EMA. We are looking to see a touch to that zone and full-scale breakdown from there as well 😉 Swallow Team
Cosmos has been trading nicely after breaking that 200 EMA line there. Every since price has had a nice pressure from sellers and now we are looking for a movement to the trend line, which is our next target zone. From there, we might see some kind of bounce to the upper zones! Swallow Team
Tron is on the upper side of the triangle formation (where the EMAs are currently). We are looking for the price to move inside that end zone there and potentially show us a breakdown from there, which would start strong downward movement! RSI and Bollinger Bands seem to be reaching for movement to lower zones so let's see! Swallow Team
Dogecoin caught our attention with a possible movement to lower zones after entering the zone between the 100 and 200 EMA. With that being said, we are looking for a possible test of 200 EMA and a breakdown from that zone, which would start the movement to the lower support line. Swallow Team
Uniswap is looking sweet for a potential rejection from the upper zones. We are looking for price action and any signs of weakness that would result in a bigger rejection and a movement towards EMAs (possibly breaking them). Swallow Team
Litecoin has finally broken from the local trend and the branch of EMAs has been holding the price for some time now. While we are in the early stages of breakdown, we are looking for further movement to lower target zones 1 and 2, so eyes are open for any further downward moves here! Swallow Team
After a nice rejection from EMAs, Polkadot has been seeing good pressure from sellers where we are now at the neckline zone, looking to break it. If all plays out nicely, you should see a nice downward movement to the lower zone. Swallow Team