Polygon(MATIC): Breakdown In Process!! Good To Short?This one caught our attention as well, with a full-scale breakdown happening right now in the local trend zone.
We are seeking a breakdown here to take full control of the trend where daily closes and secure that zone. It might be a really good opportunity here, for sure!
Swallow Team
Breakdown
Doge Coin(DOGE): Good To Sell More!Doge is here with a good possibility of downward movement.
After consistent upward movement, the price has reached its end near $0.107, which is now marked as ATH in its current state.
After that, we had a nice dump, which started the "weakness" movement, so here we are seeing further downward movement!
Swallow Team
Crypto.com(CRO): Will We Fall More?Coin has had a nice downward movement since that liquidity dump on January 3rd.
After closing the price way higher, leaving the coin with such a big wick, we see the price slowly going towards that lower zone.
We are looking for price to reach lower zones here for sure but before that, we might see one last test to upper zones (upper/lower range)
DCA is one option here, for sure!
Avalanche(AVAX): Moving Down & More DownAvax caught our attention a very long time ago, but here is a TA for late traders.
We see two possible entries here on Avalanche Coin, both of which are short positions.
Despite coin showing high demand in lower zones and weakness, we are suggesting looking for perfect entry which are near upper resistance zone or below lower liquidity line (upon breaking that one)
Bitcoin(BTC): Getting Weaker And WeakerBitcoin is still dropping and showing further weakness here, even on today's daily candle.
Yesterday we had a massive rejection, which led to a price close to $40,000 (which is the last support zone).
We see the surge in lower zones to be reached, so we are very close to seeing that good drop happen (for which we have been waiting and getting ready for some time now).
Swallow Team
Bitcoin(BTC): We Getting Ready For Another Drop!While Bitcoin has had some moody moves with a punch of quick up and down moves (on a smaller timeframe), we are seeing a nice small correction that has happened on Bitcoin, where currently we are again seeing weakness at the beginning of this day.
As we are back in our upward tunnel and yet we did not fully re-test those upper zones, we might see an early downward continuation of the movement. Eyes are open, for sure, here.
Many have been asking about the "bullish movement." As of now, we are not seeing any good reason for bullish movement to happen!
Bitcoin(BTC): Re-Test Tp $45K?Daily update on Bitcoin (Week 2 / Day 2)
The price of BTC has had a massive breakdown and rejection of major zones at FWB:48K and 45K.
The price is showing some recovery, which could push the price to the upper zone of $45K (for a small re-test).
Although this would be a small movement, we are still aiming here for further downward movement to the $34K zone, where the majority of the population is currently!
With that being said, we are also monitoring the $41,700 zone, which can be tested and broken, resulting in a continuation of downward movement without a re-test to the $45,000 zone!
Swallow Team
Doge Coin(DOGE): Breakdown After Breakdown?After an amazing liquidity movement to lower zones that DOGE coin has (which we also caught in our previous TAs), Price is getting ready for another movement to lower zones, it seems.
With market uncertainty, DOGE is struggling to maintain upper zones after that liquidation movement. We are keeping an eye on a potential breakdown here, which would also mean we will be going for lower zones here with DOGE coin!
Swallow Team
Litecoin(LTC): Can We See Another Drop?The LTC coin has caught our attention with some nice potential for history to be repeated!
We are seeing how, after forming some bullish trends, we have been eventually breaking them from time to time.
With that being said, we are seeing a similar outcome, where currently we had a breakdown and now we are entering the "sideways movement" phase.
During that phase, multiple positions can be taken, but as of now, this is just raw material, as we need to see if we will form any clear trends here!
Swallow Team
JUBILANT FOODWORKS AT MAKE OR BREAK LEVELS below 515 sell Jubilant Foodworks is at make or break levels.
on a daily time frame its taken multiple support at the trend line but this time it is coming back with a heavy feeling from last three days
important levels to watch out is 520-515 below to this level we can see a sharp sell in a stock
levels marked over the chart
Weekly Head & Shoulders on USOILIf we break this current demand zone, and enter the break down of the Head & Shoulders, I wouldn't be surprised to see this break back into the 30s before entering the next demand zone. Also, with EV coming in strong and less demand for oil, and more and more nuclear plants on the rise, prices should start to slide drastically. This may be the last hurrah for Oil... Covid Oil prices are on their way back.
I'm shorting somethingJust bought puts exp. 12/29 strike 17.5. I'm so bullish on the market that I want to hedge a little bit.
Price is forming a bearish flag after a HS. Looks very bearish in short term. I'm giving it a shot, I think is to break down soon.
Uniswap(UNI): Will Ascending Channel Fail?UNI has been trading in the ascending channel for some time now, bouncing from one side to another.
With pressure from overall markets, we are looking here for a potential price movement to lower zones of that channel and potentially breaking it as well!
Swallow Team
Bitcoin(BTC): Downward pressure is high!! END of Year is closer!On the third day, we see price has had a really nice movement towards our trend zone and is holding it strong. Yesterday, the candle had a small bounce from the FWB:42K zone (where our trend is lined for now), but today's candle is showing us further downward pressure.
The next thing to seek is a potential breakdown of that trend, and from there, just start looking for move zones that can be broken. Our major target of $34K is getting closer and closer!
Swallow Team
BTC will BreakDown 42.5k Support SoonBtc Trying hard to Survive and can't break 43.8k Resistance and Getting rejected multiple times. expecting an major dump or bloodbath soon if btc won't hold 41.8k Area. Alts will bleed.
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Bitcoin(BTC): Liquidated Many Traders!! (Massive Drop) The first day of the week has started with a very sharp movement to lower zones, resulting in some nice liquidity hunting for millions of dollars.
With prices getting rejected from the upper zone, we started slowly moving toward FVG zones that have been waiting long enough for them to be reclaimed again.
With that being said, it is a little early to say if it was just a long squeeze or if we had an actual rejection from the upper zones, but what we are going to do is look for a potential re-test in the upper zones (near $43,800) with an overall aim to re-claim those FVG areas!
Swallow Team
EUR's Retracement: ECB indicated Yield-Seeking on USDWelcome Investors, Dear Esteemed Viewers,
Technicals
Today's the 30 of November, and EUR's uptrend suffered a breaking. Technically, it means the downbreak of the rising dotted purple trendlines. This technically important price action aligned with a bearish cross on RSI and a bearish daily candle. The target price of this bearish setup is about $1.082, and then, I would re-assess the indicators for signs of possible support. In a bearish scenario, the next target could be $1.051.
News
Beyond technicals, the European Central Bank (ECB) has been cautious in raising interest rates to combat inflation, in contrast to the US Federal Reserve's more aggressive tightening cycle. This divergence in monetary policies has made the USD more attractive to yield-seeking investors.
In the near future, EUR might follow AI's investor sentiment analytics and the bearish technical setup, but if you actively trade EUR, you might want to commit yourself to continuous research because the landscape can sharply change.
Disclaimer:
It is not an investment advice. This idea is my personal opinion. Do your research.
Kind regards,
Ely
XRP/USDT - Waiting For $0.535 To Be ReachedAfter monitoring this one for the last 10 days, we have seen a lot of things, starting with a nice breakdown and also the price teasing that 100EMA as well. The price remaining below the 100 EMA and the resistance zone, which is a bearish indicator for us, further confirms the breakdown we had.
We are still keeping an eye out for that lower support zone to be reached near $0.535, so let's see how this week we will be moving on the XRP.