Our gameplan on the weekly timeframe remains the same, and we’re still hovering around the resistance zone after several tests. As the price starts to pull away from this zone and sellers gradually take control, we’re now setting our eyes on the $40K neckline zone. Ideally, this move would bring the RSI into the oversold territory, creating a potential buying...
Cosmos has the possibility to form another similar movement but not yet. Price has not finished the downward dump, as we have not seen a bearish candle with long downward wick. We are looking here for that candle to form and a nice rejection to happen, which would start a possible movement back to the upper resistance zone for a small correction so eyes on it...
Vara Network is requested analysis with a good possibility for an upward sharp movement to happen here. As we see candles are forming here a nice "double bottom" pattern where RSI is already in a small upward trend. We are waiting for that neckline zone to be reached and possibly secured for a full-scale switch of trends to happen here so eyes on that neckline...
VeThor coin is on a strong bearish trend where price has been forming lower lows and showing good pressure from sellers. Yet we are looking for any kind of re-test to upper zones here so the best option here of course, would be to trade inside that bearish channel where price bounces from one side to another, but if we see any attempt of breakout from upper...
The Verasity coin is at a very interesting spot where, after a breakdown from our upper target zone and a successful re-test that happened on July 18, we are now facing new all-time lows on the coin. Price seems to have been forming a nice support zone, which might go 2 ways from here. No matter where, if we see a breakdown, a good short should follow and if...
MakerCoin has made a switch of trend recently where after breaking the EMAs and forming a fakeout above the broken EMAs we are seeing a great pressure from sellers which can continue until the end of the September so eyes on those dotted lines and that lowest target zone! Swallow Team
Litecoin is trading near EMAs, showing us multiple testing zones and multiple rejections from them as well. We are looking to see a sharp rejection after seeing multiple fakeouts above EMAs. If all plays out just as we see it here, then $50 is the next target here, but bear in mind that we are still in the weekend market, so some choppy moves might...
Internet computer coin looking pretty bearish after seeing multiple rejections from pushes that bulls were trying to pull off. Now all those zigzag moves that those rejections formed gave us a good solid zone of liquidity (which is marked as a red triangle zone). We are looking for this zone there to be broken, which would initiate a possible further downward...
Realio has made it to one of the major zones after breaking the EMAs and having a switch in trend. We are keeping an eye on this zone there for a possible breakdown to happen, which would start a good downward movement from here. If we see a bounce, there is a chance to see a small upward movement, but as long as we are below 200EMA, we are bearish on...
Curve coin is looking nice after we had a nice fakeout above EMAs where price is now back below those same EMAs and had a successful re-test. We are now looking for the sellers to take full control here and a possible good downward movement from here might start! Swallow Team
Core coin is in an important zone teasing that support zone right now, where price has been slowly led after each rejection from that 100EMA zone. As markets overall are not looking good, we are seeing a good chance of further downward movement to happen from here, so eyes on the current support zone!!! Swallow Team
We are looking at a fight between buyers and sellers here, where price has not yet had a break of structure, so that's what we are waiting for. We are looking here for a BOS to happen, which would continue the pattern of lower lows to form here! Swallow Team
We are at a breakpoint with Ethereum, where the price is now at a crucial zone near that major support zone. If we manage to break this zone, we will see a strong and steep downward movement, but if we see any kind of bounce, there is a chance of seeing a double bottom pattern here! Swallow Team
Bitcoin is looking good in a smaller timeframe as well, where the price is still dropping after our recent rejection from the zone of EMAs. We are now waiting for sudden drop to happen which would seperate the EMAs and market price for some time (which would give a possibility for a correction to stabilise the EMAs). Swallow Team
Whole week, sellers have been dominating the markets, where at the end of each day we see that sellers are in control of the markets. We are looking now for price to secure this zone on a bigger timeframe (weekly), where price is now entering a volatile weekend market. If we stay near current zones, then your lower target will be recovered easily, but if we see...
Ethereum is teasing that lower zone, which could result in a nice break of structure. We are keeping a close eye on this zone after seeing a successful rejection from the upper resistance zone so now all eyes are on that BOS zone. Upon breaking it, we should see a decline to $2125. Swallow Team
Another day and since yesterdays push, we are seeing the demand for lower zones. Sellers are still dominating current zones and candles are not getting as healthy green bodies as they should. Our gameplan is leaning right now more towards the further downward movement after reaching the support zone and possibly breaking it so eyes open! Swallow Team
On a smaller timeframe, we see that while price is seeing some struggle to secure fully the zone, we are still below major EMAs and price is seeing pressure from sellers, which can be seen clearly here with that re-test that rejected the buyers. We are looking for the price to secure that zone by tomorrow, if not today so keep an eye on it; once we see it, we...