This analysis examines the recent price action of BINANCE:AXSUSDT AXS, focusing on the symmetrical triangle pattern and its potential breakout scenarios. 📉🔺Parabolic Move and Symmetrical Triangle: AXS experienced a parabolic price surge and subsequently entered a symmetrical triangle pattern. This pattern indicates a period of consolidation and uncertainty...
This analysis examines the current state of the XVS cryptocurrency and assesses its potential future direction. Technical Analysis: Battling Weekly Resistance: XVS is facing a significant hurdle at the weekly resistance level, which could determine the course of its future trend. Escaping the Accumulation Box: The recent breakout from the daily accumulation box...
Current Situation: Shiba Inu has entered an accumulation zone, indicating a period of consolidation where buyers and sellers are reaching an equilibrium. Despite facing resistance just above this zone, Shiba has managed to regain some of its strength. The price is currently hovering around its 10-day moving average, a key technical indicator. Potential...
A potential area for a low-risk high-reward trade. The area marked is an AB=CD move that will happen above a prior high which means stops might be taken which will provide ample liquidity for a move down. Additional confluence - this happens at the 61% Fib retracement level, and also the 200EMA of the 4-Hour Chart. Overall the price is at the 20 Daily EMA area so...
Algorand seems to be having a pretty decent bounce from the daily 200EMA, which can be a start to a good potential upward movement here. We are looking for those upper target zones as long as we are above 200 EMA; upon breaking the 200 EMA, we will most likely see a sharp movement to the lower zones! Swallow Team
While markets are pushing, Cosmos has also had a nice small push. With push being active, it is now trying to secure the branch of EMAs that is holding the price as of now. This zone will decide the next major movement for the coin. Swallow Team
Another coin that is looking promising is VeChain, where we are looking for a potential breakdown that would result in a nice downward fall in the market price. We are going to look for a breakdown as long as we are below that 200EMA, so keep an eye sharp for this one!! Swallow Team
As Dogecoin is in a "calm before the storm" situation, we are looking here for two potential trades that can be taken: bullish and bearish scenarios. For Bullish scenario we need to break at least that 100EMA which would activate two potential long positions where for Bearish sceanrio we need to close price below 200EMA and secure it fully for a potential 22% of...
CMG on the weekly chart has been uptrending for a year after being rangebound sideways for a year. It has seen a volume spike and corresponding price action with the current earnings beat Price rose 60% in the past year and 16% YTD. This is not linear and nor is it parabolic. The MACD supports the bullish momentum observation in the price action while the RS...
Based on EMA and Ichimoku on 4H time frame moving on the following path is more likely to happen
according to my strategy, i am looking for the following paths. at first short postion and in the following long position in two level is more probable
In the 1-hour time frame, the 1-hour order block (OB) hasn't been confirmed yet. Its confirmation depends on the 1-hour break of structure (BOS), which hasn't validly broken the recent low. If a short position is taken with a target set at the 4-hour order block, there might be fluctuations before bouncing from that zone. On the flip side of this analysis, the...
UNI had a nice rejection from 200EMA, where the price turned down sharply! We are looking here for a potential movement towards that support zone while also looking for a potential re-test of that 200 EMA, which might be our next resistance zone. Swallow Team
This was a very easy TA on XRP this time. We are looking for EMAs to be touched and show some rejection, which would be a sweet entry for a potential short position! We are waiting for the upper zones to be reached! Swallow Team
LINK coin is another one that caught our attention with a great possibility of downward movement here! We see that upon reaching that upper line of BB, we are getting rejected multiple times and now we are seeing that last time we had reaction, we had a really nice attempt to move further but we got stopped by 100EMA We are looking here for a good rejection to...
MANA has been pushed to the end of a tight gap where the price is nearing a breakout or breakdown soon. We are looking here more for that downward movement to happen but we might as well see a quick liquidity breakout, which would result in a price movement towards EMAs Swallow Team
As Bitcoin is hunting those upper liquidity zones, we are looking for the price to hover for some time there and eventually move and test that $40K zone. Currently, after a significant breakout from the $40K zone, we are seeing that volume is slowly fading away, which indicates a potential re-test to happen soon! Swallow Team
Coin has broken so compliantly that 200EMA is currently re-testing this same EMA. As long as this re-test holds its zone, we might see some further movement to the lower zones, but if the re-test fails and moves slightly to the upper zone, we might move towards our upper, smaller resistance that we displayed as "orange" zones! Swallow Team