Chainlink(LINK): Will or When We Short?Chainlink caught our attention as well, with some decently high potential for the reverse to happen soon!
We are monitoring the coin after multiple BOS and FVG zones are left on the lower zones, which are waiting to be filled.
As the price had a nice breakup at $17.10, we are looking for that same sentiment to be re-tested.
So we shared two potential entries for a short position here; now starts the waiting game.
Swallow Team
Bollingerbandstrategy
YINN & YANG Market Cycles and Ratios YINN LONG nowThis weekly chart of the YANG /YINN ratio explains the rationale of the demonstration of the market cycle over the period of a few years as it relates to taking a swing trade in one or the
other and finding the likely pivot points based on resistance and support as static levels or
importance. Dynamic levels using an anchored VWAP and also a Bollinger Band are used to
support analysis and finding pivot points of importance. This is meant to be a methodology of
decreasing risk while optimizing reward. The same methodology could be deployed onto
a shorter time frame of 120 minute time frame to zigzag more often with greater precision
and potentially achieving greater profits over a given time interval. An optimal reversal on the high side is a confluence of the horizontal resistance /supply area with the upper Bollinger Band and the uppermost of the anchor VWAP bands.
Cardano(ADA): In Overbought ZoneADA caught our attention here, where it is pushing and pushing the limits of Bollinger Bands.
As we see a great chance of seeing the price move to lower zones anytime soon, we are monitoring the coin for any potential sharp squeezes.
Overall, we are looking for that 100 EMA zone to be reached here!
Swallow Team
Algorand(ALGO): Good Time To Buy?Algorand seems to be having a pretty decent bounce from the daily 200EMA, which can be a start to a good potential upward movement here.
We are looking for those upper target zones as long as we are above 200 EMA; upon breaking the 200 EMA, we will most likely see a sharp movement to the lower zones!
Swallow Team
VeChain(VET): Waiting For A Breakdown!Another coin that is looking promising is VeChain, where we are looking for a potential breakdown that would result in a nice downward fall in the market price.
We are going to look for a breakdown as long as we are below that 200EMA, so keep an eye sharp for this one!!
Swallow Team
Polkadot(DOT): 200EMA Rejecting The PricePolkadot is looking similar to Litecoin, where 200EMA is acting as a pretty strong rejection zone, which is pushing the price lower and lower with each touch.
We are looking again for that lower zone (greenish) to be broken and a movement towards that target zone.
Swallow Team
Litecoin(LTC): 100EMA Working Well100EMA has been holding the price steady, so as long as we are below this 100EMA and bulls have no control over it, we should see further movement below this line.
We are monetizing this coin and looking for any potential significant rejection to happen, which would lead the price to lower the target zone.
Swallow Team
Chainlink(LINK): Overbought or Bull Run?LINK is back after that massive breakout; it recently broke the major resistance zone that was a point of interest for us.
As that being said, we are waiting for a correction on LINK to happen where the price is currently in an overbought state and there is a high chance of re-testing that broken zone (the resistance of BB).
Swallow Team
Bitcoin(BTC): Getting Ready To Drop?Another week is showing us some bullish momentum here after that liquidity sweep, which resulted in a touch to the $39,500 zone.
Now that we are seeing another bullish weekly candle, we also see the long wicks that are left by bulls in the upper zones, which indicate a potential short squeeze to happen soon.
With that being said, we are monitoring that $45K zone for any potential touches, but overall, the gameplan remains the same; we want to see lower zones being reached!
Swallow Team
Solana(SOL): $82 Will Be Broken ??? SOL is back in the game where we were again outside in overbought zone (from where we had a nice rejection as well)
We are looking at that $82 zone, which we marked as a red area (which needs to be broken for further movement to lower zones)
We are seeing good potential for some downward movement here, so our eyes are open!!
Swallow Team
Avalanche(AVAX): Waiting For Breakdown! We are monitoring AVAX coin here after seeing a nice rejection take place.
Long story short, we are looking for a breakdown of that 100EMA zone, which is also acting as a smaller support zone for now.
Upon breaking this zone, we might see a nice fall of almost 35% take place, so definitely keep an eye on this one!
Swallow Team
Bollinger Bandwidth Indicating Bitcoin Rally Incoming?In the video, I share an article I read today about the Bollinger Bandwidth indicator which is potentially showing a market inflection point and imminent start to the next parabolic run.
I also share how I used standard Bollinger Bands differently, with slight modifications to make it very useful as a sell signal at market tops and major inflection points.
Let me know what you think!
Polkadot(DOT): Reached Middle Line Of Bollinger Bands!DOT had a nice bounce from 200EMA and is now testing the middle line of Bollinger Bands.
What we are looking for here is a potential weakness to kick near the middle line, which would mean that the price gets rejected from there.
If this kind of movement doesn't happen, then we might see a movement towards the upper resistance zone, from where we will be looking at a potential short position!
Swallow Team
Litecoin(LTC): Full Breakdown or Not?LTC has caught our attention here with two possible scenarios.
First one: Wait for breakdown to happen from trend and let bears secure it. From there, we might get a nice opportunity to short this coin!
Second one: Wait for the price to reach upper resistance and see how the market price will react to this zone; potential weakness might be shown there!
Which one are you waiting for the most?
Swallow Team
Bitcoin(BTC): Good Entry To Sell / Or Not?And we are back with BTC after seeing the price enter that liquidity zone, which we have been talking about for some time now.
As of now, the price is showing some weakness and a potential re-test to happen at $40K, which we are looking to fully break in order to see further movement to lower zones!
The start looks promising 😉
Binance Coin(BNB): Which Way Will We Go?BNB is trading inside the sideways path, where it is currently trying to secure the middle line of Bollinger Bands.
We are waiting for the perfect setup here, which means to wait for the support or resistance zone to be reached and see how the price is going to reach that zone eventually.
After that (getting more confirmations), we can monitor further for a potential long or short position!
Swallow Team
Chainlink(LINK): Getting Ready For Another Rejection?LINK coin is another one that caught our attention with a great possibility of downward movement here!
We see that upon reaching that upper line of BB, we are getting rejected multiple times and now we are seeing that last time we had reaction, we had a really nice attempt to move further but we got stopped by 100EMA
We are looking here for a good rejection to happen (another one), and once we get it, we will be looking for a short here!
Swallow Team
Solana(SOL): Waiting For Perfect Setup! Solana coin has had massive growth, as we have talked about earlier, where the price seems to have topped out, and now we are looking for some correction.
What caught our attention here is our favourite middle line of Bollinger bands, which has been acting as a supportive line for the last couple of months.
Now that we finally broke the line, price is re-testing that zone, and we are looking here for some rejection to happen!!
We are not rushing into trading yet, but we see nice potential for both longs and shorts.
A long scenario would be active if we secured that upper resistance zone, which would lead to massive growth on the Solana coin!
What are your thought on Solana coin?? Will it see ATH soon or we will see a smaller correction before that?
Decentraland(MANA): Should We Buy or Sell?MANA has been pushed to the end of a tight gap where the price is nearing a breakout or breakdown soon.
We are looking here more for that downward movement to happen but we might as well see a quick liquidity breakout, which would result in a price movement towards EMAs
Swallow Team