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
Bollingerbandstrategy
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
ChainLink(LINK): Broke The Neckline !!!After monitoring this one for very long, we are finally seeing some breakdown attempts near the neckline zone. As we broke that zone, we also went for a re-test, which is currently showing bad signs. But we are not rushing and we are getting ready for a potential position here, which means that if daily candle closes again below neckline zone, this would indicate to a potential overweight of bears (which is also a good start for a downward movement)
Swallow Team
Ripple(XRP): Inside Bullish Trend!Ripple is still trading and bouncing inside the bullish trend here. We recently had a nice liquidity movement to lower zones, which is currently showing some kind of recovery.
We, as always, are looking for potential good zones to enter with positions both long and short!! Waiting for confirmation before entering
Cardano(ADA): Waiting For Setup To Short It!After amazing drop which resulted in good gains, Cardano has been bounching from lower support zone, which might push price towards upper resistance zone (near EMAs)
We are waiting for the price to reach that zone there and looking to see how it will reach it. If everything goes according to plan, we will be looking for a short position here!
Swallow Team
Bitcoin(BTC): Get Ready, We Might See A Fall Soon!As Bitcoin is hunting those upper liquidity zones, we are looking for the price to hover for some time there and eventually move and test that $40K zone.
Currently, after a significant breakout from the $40K zone, we are seeing that volume is slowly fading away, which indicates a potential re-test to happen soon!
Swallow Team
Avalanche(AVAX): Amazing Short Opportunity For Sure! The coin has great potential for some downward movement here, for sure, with price reaching the major resistance zone, which we will not be able to breakout from with our first attempt. As now we have started the rejection phase, we might see even further movement here for sure to lower support!
The first sign of potential reversal is RSI entering back in normal zones (after being in overbought zone)
Swallow Team
Cosmos(ATOM): Got Rejected!!! We Are Selling Soon!ATOM coin has been experiencing amazing growth, which led the price to move towards the upper resistance zone.
We are looking here to catch a nice downward movement once we see the current re-test to successfully hold that zone.
As we will see that zone to be strong, we will be opening a potential order here for sure, but we also need to bear in mind that we might see a strong recovery here! That's why we are waiting for that re-test to tell us more about the strengths or weaknesses of ATOM!
Swallow Team
Litecoin(LTC): Potential Breakout Can Happen!!! Time To Buy?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
Solana(SOL): We Are Looking To Short!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 zone.
We are not sure how long this kind of movement will last, but at any point we see that the middle line of the BB can be broken, which can start the dump and a decent correctional movement.
Swallow Team
Avalanche(AVAX): Wait For Perfect Setup!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
Polkadot(DOT): Looking For Short 👀 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
Tron(TRX): Will We Get Rejection? / Time To Short?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(BTC): Looking For Breakdown Of $40KBitcoin 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 a clean breakdown of that $40K zone, which is basically the last zone to hold the price of BTC as of now.
Upon breaking this zone, we will see some deep downward movement to our major target zone!!
Swallow Team
Bitcoin(BTC): Getting Ready For Another Dump!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
Litecoin(LTC): Rejected 200 EMAAfter 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