Get started

Breakdown

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
BITSTAMP:BTCUSDShort
by SwallowAcademy
3
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!
BITSTAMP:BTCUSDShort
by SwallowAcademy
2
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
BITSTAMP:BTCUSDShort
by SwallowAcademy
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
Short
by SwallowAcademy
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
Short
by SwallowAcademy
4
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
BITSTAMP:BTCUSDShort
by SwallowAcademy