Daily timeframe is looking interesting where price is slowly approaching the zone of EMAs (from where we want to see a good rejection to happen). If all plays out nice, then we should see a good 15% of downward movement from here! Swallow Team
Ethereum has reached the most important zone for the coin, which will determine the next major movement for it. We are keeping all of our attentions here at $2,800, which upon breaking it will result in a good upward movement to upper trend line but if we see a rejection from there and a failed breakout, then we will test the lower trend line most likely (where...
We are seeing first signs of weakness near the current market prime zone where we failed to form CHoCH. We are now looking for a possible movement to start to lower zones and a break of that sharp upward trend we had since the 6th of September. Ideally we should break the $62,600 to see a nice downward movement so eyes on it now! Swallow Team
Bitcoin on a weekly timeframe has slowly but steadily reached the upper resistance zones, where we are already seeing some kind of first rejections (with sharp monday opening from sellers). We are getting ready for price to test the EMAs, which means a great shorting setup! Swallow Team
Ethereum is still below our resistance zone on a smaller timeframe, where we are looking for some kind of further movement to happen here to lower zones. Now we are still at our end, so nothing much happened for now; all we can do is wait. Ideally, we should see a re-test of EMAs and a break of them as well! Swallow Team
Our Ethereum plan remains the same, where we are looking for slight upward movement towards EMAs to happen and then a nice movement to lower zones so our attention is still at 200 EMA. As long as we are below this zone, we look for this outcome here! Swallow Team
While buyers are showing dominance here, we are looking for a possible move to $70K now. Our previous fakeout move has turned into a full breakout and formation of potential CHoCH. Now we are looking for a nice breakout to happen and a successful re-test to follow up, which would result in a good upward movement from here. Now remember, if we do not form a...
Bitcoin is breaking the FWB:65K zone, which might result in a further upward movement to $70K. As price is breaking currently in an important zone, we are keeping an eye on it to see if buyers manage to secure this zone here, so eyes on it now. Swallow Team
Solana is approaching the final phase of its triangle pattern, and we’re considering two possible scenarios: 1. Potential 26% Upside Move: The price is nearing the upper resistance zone and remains above the EMAs. We’re watching for a potential breakout, followed by a re-test of the broken zone. If the re-test is successful, we could see a strong upward move from...
While on a smaller timeframe, we had a smaller downward movement of 3%; sellers failed to break that supportive zone, and we bounced back to upper zones. We are still looking for further downward movement here as long as we hold the upper resistance zone so we wait and keep an eye on it now! Swallow Team
Ethereum has had a smaller downward movement but yet we are back at the upper zones here, showing that buyers are not giving away the zone so easily. If we see the similar pressure from buyers in the next 24 hours, then our idea of short might be invalid, and we will switch for a possible upward movement to $3,300. But so far we stick to our gameplan so eyes on...
While Bitcoin has been showing some neutral movements here in the midweek, we are still keeping an eye on that upper resistance zone, as this zone will determine the next major movement on Bitcoin. Breaking it will result in an upward movement to $70K, while holding it will result in a steep move to lower zones. So meanwhile, we are below that resistance, and...
Bitcoin had a smaller sellers pressure yesterday, where today we are seeing that buyers are coming back slowly. Nothing much has happened since yesterday so we are still keeping an eye on that smaller resistance zone and we are open-minded about possible touch to upper major resistance. Swallow Team
On a smaller timeframe, we are still waiting for the price to touch the upper resistance zone, ideally. So we are looking for 2 possible moves here, where the first one would be a nice rejection from the upper resistance zone and the second one would be a possible slow downward movement to the EMA and a steep selloff from there! Swallow Team
Ethereum is still trading below EMAs and our smaller resistance zone. While we had a really good bounce from the support zone here, we are now waiting for that smaller resistance zone near EMAs to be reached and then a steep downward movement to occur! Swallow Team
On a smaller timeframe, we are seeing that another rejection has happened after another attempt at breakout (which has failed so far). We are now keeping a close eye on this upper orange line, as if buyers manage to secure this upper zone, we will see further movement towards the major resistance zone in a bigger timeframe! Swallow Team
Bitcoin on a daily timeframe has fully secured the EMAs as of now and now price is testing that smaller rejection zone. So far our gameplan remains the same and we are looking for a full switch of trends, which would result only after seeing some kind of strong rejection from the current zone or upper resistance zone so we keep an eye on candle movements to catch...
We had so far a nice successful re-test of broken 200EMA, which might turn into another re-test and then an upward movement of 14%. The bigger goal is, of course, the rejection from major zones so let's see how it will develop!