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 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...
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...
We are back with Crypto.com coin, where we see a good chance for a breakdown to happen. We are seeing that while the price has been bouncing nicely from the bullish trend, we also have been seeing a few fakout zones near 200EMA. As we see multiple failed attempts to breakout from EMAs we have not yet seen any attempts for potential breakdown from trend...which...
Avalanche is trading inside a nice sideways tunnel, jumping from one side to another without any attempts to breakout or breakdown. We are now looking for a possible touch to the lower side of the sideways tunnel, from where we will be looking for a potential buy-in! Meanwhile, we see a good rejection from 100EMA and a possible good further movement to lower...
Cosmos has nicely secured 200EMA, and now we are keeping an eye on a possible breakdown to happen at 100EMA, which is now holding the price up and giving some kind of supportive zone there. As soon as we break and secure it, we should see further movement towards the target zone! Swallow Team
Solana had made a nice resistance zone near $160 where we had so far 2 full rejections and 1 smaller one (at the beginning). We are now monitoring the EMAs that are trying to perform a change of trend, which would mean a nice movement to lower zones towards our target line (red). Swallow Team
Chainlink had made a nice re-test (successful one) after that massive breakdown from upper zones. We are now keeping an eye on that second re-test to that same 200EMA which could lead to further pressure and a movement to lower zones as well! Swallow Team
Polkadot has again reached the zone of EMAs and is currently looking pretty strong. We are now keeping an eye on a potential rejection from our current zone. If we get one, movement to lower zones will start (as it has been after rejecting EMAs). Swallow Team
Fetch has reached a major zone of resistance after showing us some strong bullish movement after breaking those EMAs like nothing. We are now monitoring that resistance zone for any possible zone of weakness, and as soon as we see one, we will be looking for a possible show position! Swallow Team
Fantom caught our attention with the nice rejections near 100EMA that we have been having recently. We have now approached that same 100EMA again and got rejected, but the price is showing some kind of upward momentum currently. We are keeping an eye on both EMAs here for a potential rejection to happen, which would result in a movement towards our lower...
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