On a smaller timeframe, we had a nice push towards the fakeout zone and now we are seeing some kind of weakness already, which is indicating a possible further movement. We are waiting for price to go below EMAs for another attempt at further movement to lower zones here! Swallow Team
Bitcoin has made another liquidity sweep to 100EMA, where we saw a nice rejection once again. Most likely, if we see a good bounce back here, this should be a final conformational rejection and a further movement will be followed to lower zones! Swallow Team
Ethereum has a nice breakdown movement but did not last for long. Price is showing a nice recovery for now and we are soon approaching the upper resistance zone for a small re-test. We want to see a rejection there and then a further movement to lower zones so eyes on that resistance now! Swallow Team
Ethereum has again touched our support zone, where we had a small bounce so far. We are still looking for further break of structure here and a movement to lower zones but we need to wait out for perfect break of structure here so eyes on the support zone! Swallow Team
Bitcoin fooled traders where fakeout had another card in play. We are now entering again into the zone of fakeout, where price might see some liquidity movement. Our gameplay still remains the same for now and we wait for the price to fill lower zones here, so we wait to see the price again below 200EMA. Swallow Team
Bitcoin had a nice fall yesterday, where today we are seeing some kind of recovery after sharp rejection from 100EMA. We are keeping an eye on that rejection zone where we want to see sellers maintain the dominance at that level. If we manage to keep the next 48 hours the price below that EMA, we should see another attempt to reach lows here! Swallow Team
Ethereum has shown us a nice break of that sharp trend we were talking about for some time now. Now that the price has broken nicely in that zone after forming a small fakeout there, we are looking for further movement to lower zones here so keep an eye on it! Swallow Team
Ethereum is not looking good on the daily timeframe, where the price is still presuring the support zone after a failed attempt to bounce from there. We are looking for a possible sharp breakdown to happen as market structure is looking almost perfect for such a movement from here so let's see! Swallow Team
Another week is here and we see already some struggle near our zone (where price has to bounce from). Now, as we have previously mentioned, ideally we should see a upward movement from here and a bounce, but it seems that the volume of buyers is not strong enough and sellers are taking control here. If it continues like that, we will see further pressure here...
On a smaller timeframe, we see a pattern has repeated itself where we had a small fakeout above 200 EMA. As the new week has started and we are back below that EMA, we are looking for further movement to lower zones from here! Swallow Team
What a nice catch here, where price tested again our famous 200EMA and got rejected. So far, the new week has started out nice and good, with pressure from sellers taking over that zone there and possibly starting a further downward movement from here! Swallow Team
Weekly timeframe is showing us a great dominance from sellers, where after each bullish movement they take back control and lead the price below last lows. Our gameplan has not changed, and the worst-case scenario for us is still the same: slowly but steadily we move towards the target here. Swallow Team
On a smaller timeframe, we had another rejection from that small resistance zone where price is being pressured into a corner here. Now with that sharp trend we have (bullish), we are looking for a short setup to form here but before that, we need to see a break of the lower Bollinger Bands Line, which will also break the trend line. If we do not see that and...
Ethereum buyers are struggling to maintain the current push from the lower support zone. This is a very crucial zone for buyers, as if they do not show any dominance here we will see a failed double bottom pattern, which usually ends with a very sharp selloff near that support zone. So we wait to see one of two things: either a huge green candle or a slow...
200EMA is still holding the ground where EMA is not letting the price through. Our gameplan here is simple: if we manage to hold this zone until the end of the zone, if we see a rejection happen in 36 hours, then we will see a good downward movement from here. But remember, fakeout option is still possible but only if buyers manage to breakout and secure the...
Another day and we see that price is showing some kind of weakness where pressure from buyers has been suppressed. As we are still below the major EMAs here, we still see lower zones to be touched here, so all we need now is to see some kind of weakness to kick in below EMAs where sellers would also secure a zone near the current market price! Swallow Team
Bluzelle seems to have found its foundation and is recovering slowly from here by testing again the 100EMA (where lately we had a small rejection). Now buyers are not yet exhausted so we think there is a chance to see another touc to 200EMA and a possible fakeout above it as well. Swallow Team
VeThor has formed a nice support zone here while bounching back and forth from this zone to EMAs. We are now looking for a possible further downward pressure from here and then a possible bounce back towards the EMAs. All that movement will eventually end and result in a very sharp break so eyes on those 2 zones now! Swallow Team