GRT is now trading around 0.153. GRT has broken out a falling wedge pattern on 4hr time frame which is a bullish pattern. So the Possible scenario is according to the pattern, we can see bullish momentum in it. Otherwise If the price dumps and trades inside the pattern again, the pattern will become invalid. Stay tuned with us for further updates.
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
After monitoring this one for very long, we are finally seeing some breakdown attempts near the neckline zone. As we broke that zone, we also went for a re-test, which is currently showing bad signs. But we are not rushing and we are getting ready for a potential position here, which means that if daily candle closes again below neckline zone, this would indicate...
UNI is now trading around 6.0$. UNI is testing the upper resistance line of the descending triangle. So the Possible scenarios are If the price pumps up and breaks out of the triangle, we can see bullish momentum in it. Otherwise If the price rejects from the resistance line, the price can move towards the lower support zone of the triangle. Stay tuned with us...
DOT coin is back on our spotlight with a great format forming here (head and shoulder pattern) While we see good potential for this kind of movement, we still need to fully form that right shoulder, which can also be good for some short-term selling positions! But as always, our best entry relies on that neckline zone, which we are looking to break sooner this...
Ripple is still trading and bouncing inside the bullish trend here. We recently had a nice liquidity movement to lower zones, which is currently showing some kind of recovery. We, as always, are looking for potential good zones to enter with positions both long and short!! Waiting for confirmation before entering
After amazing drop which resulted in good gains, Cardano has been bounching from lower support zone, which might push price towards upper resistance zone (near EMAs) We are waiting for the price to reach that zone there and looking to see how it will reach it. If everything goes according to plan, we will be looking for a short position here! Swallow Team
NEAR is now trading around 3.03$. #NEAR Exactly Pumping up after Breaking out falling wedge pattern. Now the Possible scenario is according to the pattern, we can see more bullish momentum in #NEAR. Stay tuned with us for further updates
I invite you to review the ETH chart on a four-hour interval. Now, with the blue lines, we will mark the downward trend channel, where we can see the price approaching the upper limit. Moving on, we will move on to determining resistances and after using the Fib Retracement tool, we can see a significant resistance level at the price of $2,379. Only when it is...
Another week is here, and last week we had some massive moves on the market. (Where we dumped as low as $38,500 and then recovered from there, eventually not securing that $40K zone as of now.). That's all natural movement from bitcoin, as we are witnessing a correction to the upper zones (near $43,500), where a lot of liquidity is currently lying. Despite all...
With the halving coming up, everyone is looking at when BTC will start the next bull-run. Personally, I think that it's more likely than not that BTC will continue to trade bearish due to the recent ETF launch. However, there's definitely light at the end of the tunnel. The bottom yellow support would be the perfect area for a long-term BTC entry to ride the...
ETH needs to find its path. We need a strong close above 2'280 to attempt a breakout. Otherwise wait for 2'200 restest or even low 2'100 (great buy opportunity if we get there).
Arbitrum bounced off the lower boundary of an ascending channel. The bullish movement to the middle of the channel, which also matches the major resistance level at $1.91 is expected to happen.
We have good confirmations that the structure has become bearish, because after the bearish CH, we also had a bearish iBOS. The ascending movements are weak and in time dimension. It is expected that we will have a drop from the marked supply red box towards the green box. Note that if you have followed our analysis before, we have had a diametric for Ethereum,...
Based on the market data provided, the current price of Ethereum (ETH) against USDT is $2264.0. The Relative Strength Index (RSI) on the 4-hour, 1-day and 7-day charts are 43.34, 43.34, and 59.50 respectively. The RSI values suggest that ETH is nearing an oversold condition, especially on the 4h and 1d charts. The Moving Average Convergence Divergence (MACD)...
ETH had a nice retracement on the higher timeframes liquadation of Short Sellers and trapping in buyers , expectance of a Meltdown now to lower bounderies coming into the next week.
As per Cantors Fitzgerald's analysis that came out a couple of days ago, most big Bitcoin mining companies are deemed to be unprofitable after the April 2024 halving. Why is this important? Well, if the bigges miners in the world are mostly 'producing' at a loss, they can do either of two things: (1) Sell their tokens at a loss to recoup immediate costs (in case...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! #Eth update 🧵 Rejected off channel TTT, came down to the level identified months ago, with a reaction. #Elliottwave looking like OMLD. Degree questions. A...