SwallowAcademy

SwallowAcademy

After a big volume push on yesterday's daily candle, we see that price had a turnover near the BoS zone (where again we failed to form the break of structure). We are looking here for a for a daily candle to secure in red, which would show the dominance of sellers and a possible move to the lower support zone, but we also keep an eye on that upper resistance zone...

SwallowAcademy

Ethereum has a long week where price has been staying above the 200EMA, showing us good pressure from buyers recently. We are looking here for some upward movement where, all the way, we have lot's of zones to break so eyes wide open!! Point of interest for us is also that 200EMA, which for now is holding good but upon seeing it broken, we will see a break of...

SwallowAcademy

Bulls are showing good dominance at the start of the day, where they are trying to form a full break of structure and break the smaller resistance (blue zone). We are keeping a close eye on it, as if we see any rejection or weakening near this zone, we will look for the start of downward movement, but if we manage to break it, then the major resistance zone will...

SwallowAcademy

On a weekly timeframe, our gameplan remains the same, where price still hovering near upper resistance zone. We see a fight between buyers and sellers where currently buyers are dominating and possibly going for another tocuh to that major resistance zone. As long as we are below this major resistance zone, our gameplan will remain the same, EMAs are far from...

SwallowAcademy

Avalanceh seems to be bouncing from the bullish trend here on a 4-hour timeframe where we are now seeing a price to reach the upper CME gap from where we want to see a turnover and switching of trend to happen (a bigger one). So our gameplan is simple: we are looking for smooth upward movement here and eventually a break of trend, which would result in a fill of...

SwallowAcademy

Ethereum is looking for a possible break of structure to happen with price forming smaller lower highs after the re-test of 200EMA. We are now looking for price to slowly move to that BOS zone and possibly break it as well so let's see! Swallow Team

SwallowAcademy

Bitcoin has made a nice 5% drop since breaking those EMAs. While sellers showed a huge dominance there, we see buyers are not going for a possible re-test where ideally we should see a successful re-test (which means a rejection and a further movement to lower zones). So, now we wait for a rejection to happen, which should result in a further movement toward...

SwallowAcademy

Solana has made a nice fakeout while re-testing the broken EMAs where sellers took the dominance overall and now price is moving back to lower zones. Our major target zone here is the unfilled CME gap at $125 but this is not the lowest point we might see if we go for a grab of that CME so eyes on the lowest support as well!! Swallow Team

SwallowAcademy

After a crossover of RSI, we had a nice small 3% of marketprice movement where price is now seeing some kind of smaller recovery. Never the less, our main target zone is yet to be reached, but our gameplan will and still remains the same 😉 Swallow Team

SwallowAcademy

Bitcoin has made a nice rejection from local EMAs, which is rather a small movement but a strong one, as we can see. Sellers have fully broken the zone of EMAs where we might see a possible re-test of those broken zones. Overall, currently the first play to lower target zone seems more and more optimal so eyes on EMA now!! Swallow Team

SwallowAcademy

Ethereum is seeing good pressure from sellers after the re-test of broken resistance zones and EMAs. As we count this re-test to be successful, we also are having a crossover on RSI, which indicated a possible move to lower zones, finally filling our major target zone on bigger timeframes! Swallow Team

SwallowAcademy

Bitcoin is showing some kind of weakness where, on the other hand, we are too close to the local resistance zone, which could mean a possible movement to upper zones. Despite all that, we are seeing the lower zones to be reached so we have here 2 possible setups for Bitcoin where both of them would end up near $50K. Now all we can do is see how the market...

SwallowAcademy

Ethereum has established some kind of support on lower zones, it seems, where we had a nice little bounce during the weekend. We are looking for slight upward movement here after what a possible rejection and steep move back to the lower support zone, but we have a slight concern. We are already seeing some weakness in today's candle (although it is not closing...

SwallowAcademy

Ethereum has a good weekly rejection from smaller resistance zones, which showed us the dominance of sellers. If we manage to secure yet another candle in red and move possibly to a lower support zone (breaking also the trend), we might see a really good downward movement from there. But if this week's candle will turn green and show us the dominance of buyers,...

SwallowAcademy

Bitcoin on has had a nice bounce from 200EMA, which seems to hold it's ground as of now. As we are seeing buyers trying to hold the ground, we are also seeing a possible switch on trend from RSI, which would mean a possible upward further movement from here. Overall, to maintain that upward movement, we need to see another 2 candles in green, then we can be...

SwallowAcademy

Last week we had a really nice sharp rejection from weekly opening til weekly closing, where in total we had full body close on candle without any upper wicks. We are seeing that sellers are slowly taking dominance and now we are waiting for final confirmation, which would be a nice additional red candle to close this week, which again might start a greater...

SwallowAcademy

On a smaller timeframe, we are still wanting the price to fall further, another 9% filling our lower zone of liquidity. We are waiting for a touch there but our only concern here is that we are far from EMAs (and we are still close to each other). We might see a slight upward correction but overall we are looking for a selloff to happen! Swallow Team

SwallowAcademy

Ethereum is still seeing the pressure from sellers, where we still have room to fall both on the RSI and Bollinger Bands sides. We are looking for price to have some kind of touch to support zone after what we expect some kind of recovery to happen so current attention is at that lower zone! Swallow Team