The second day of the week started with some breakouts from $45K, which has been one struggle zone for many days already. Now that we have broken that zone and resulted in another big green candle (which lately has been common), we have entered into the "Extreme Greed" situation with the marekts! Only based on that index can we assume that we will see a drop, but...
DOGE is at a pivotal moment, as it confronts a significant resistance zone. After a substantial rally, the RSI is telling us that the market is overheating and entering overbought territory. This could indicate that a correction is near the corner. We're watching for a decisive move; a sustained break above the resistance could signal continued bullish momentum,...
We got what we came for!! We have a very nice rejection near the $45K zone, which shows demand for further movement to lower zoes. Remember, the longer the tree grows, the harder it falls. We are still way too expanded and overbought on BTC, so keep your eyes open for potential further movement to lower zones! The start looks promising, but we gotta be careful...
With the expansion phase being on the higher high zones, we are soon to enter the re-accumulation zone, which means we might see some sharp movements soon and a potential movement to the lower zones to liquidate the majority of the long position before finally entering the bullish market! We are still 4 months away (around 127 days) from the next halving, and...
Third day of the week, and BTC is going to attempt another breakout here! With last daily candle closing below $45K zone, we did not get confirmation of a breakout from that resistance zone, which is good for sellers (and us as well) But the new daily is already showing some strength, potentially going for another attempt to secure that zone! What's also...
On the first day of the week, we are showing you the major FVG zones that are still are waiting to be filled (lowest being near $26K zone) As for the major picture, we already told you guys that we are shorting the BTC coin and targets are near the $32K zone. The major resistance has been holding strong for now, but we might see one last short squeeze before...
For the last 21 days, the price of BTC has been held back by that major resistance zone at $45K, which is giving us a small clue that the volume of buyers is decreasing, and with every new weekly candle, we see that they find it harder and harder to break that resistance. With the amazing pre-halving pump markets have had so far, we see the dominance of BTC...
ETH, on a smaller timeframe, is showing us some interesting patterns as well. As we can see, that upper, smaller resistance is primarily holding price, which will determine the following significant movement. Breakout + Re-Test = Bullish Movement Rejection + Re-Test = Bearish Movement Swallow Team
Third Week: We are seeing a nice rejection happening near the $44,500 zone, where the last weekly candle closed with nice and good dominance from bears. With that being said, we are seeing the first weakness kick in since October 16th (2 months of straight green candles). Now that the first weak link has accrued, we are seeing a nice start of downward movement,...
With holidays just around the corner, the price of BTC is having hard times breaking that major $45K zone, which has been some kind of resistance for quite some time. With that being said, we see a weakness in volume from buyers, which is also good for us as we are getting ready for a potential major correction to happen before the next bullish market...
Rejection from a key resistance area suggests a potential trend reversal. After a promising rally, resistance rejected ATOM's price, providing an opportunity for a potential entry into a bearish move. If this rejection signifies a true sentiment shift, we may witness a pullback towards the next substantial support levels, mapped around the $9.68 and $8.51 price...
Bitcoin has had a nice rally to the upper zones, for which we have been waiting for some time now. As the price approaches our major target, we are getting ready to short BTC (most likely DCA). Our point of interest is also the FWB:48K zone, which can be taken as a quick liquidity movement, but the major target for us still remains the unclaimed $34K zone and...
The price has recently formed a rounded top, indicating a bearish reversal pattern. A critical support line around $0.5486 is currently under pressure. If this level fails to hold, there's a strong likelihood of a breakdown. This potential breakdown could accelerate a move towards the next significant support levels. We monitor this support closely for signs of...
Since yesterday, we have been having a nice movement so far toward our major resistance zone, potentially fulfilling that re-test we have been waiting for! We are aiming here to see the price hover near this zone and open a nice mid-term short position with some major targets and FVG zones to be filled during that movement we are looking for! Swallow Team
RSI few days ago was record high 82 on daily chart, which means the market heavily overbought. No market is going up constantly. Correction is expected to happen anytime, with two potential targets at 20EMA or 50EMA. I don't believe the approach of soft landing on recession. In my opinion the recession will come and when it comes, it will hit hard. It's normal...
Bitcoin is showing some weakness at the start of the day, with the price heading back towards the $40K zone. As our major target are those lower zones (in order to grab all the liquidity there), we are also looking at a potential re-test to the $45,000 zone before that final major drop! Eyes open for sure and not rushing much into "FOMO" mode of missing that...
We see a good potential for retracement from the major resistance zone at approximately $79, which is currently being tested. The RSI is hovering near overbought territory, indicating potential for a price pullback. So with that being said, we are aiming here for three major zones. We have displayed three key support levels: the first support at around $53,...
The second week is here, and we are still showing some strength in building up that overbought market and pushing the limits of Bitcoin. Not only are we laving heavy masses of FVG zones down below to be grabbed, but we are also on the heatmap of Bitcoin, where the majority of traders have shifted to long positions, showing us a potential liquidation grab to...