ADA has been on our watchlist for very long, and after that massive upward movement this coin has had, it seems the buyers are getting exhausted. We are looking here for that breakdown to happen from the current support zone, which can start a nice downward movement for this coin! Swallow Team
BNB coin is one of the starts of this week where we are seeing a surge to breakdown of 200EMA. As we have previously tested this zone multiple times, we are looking for a full-scale breakdown from it, which would activate a potential short position for us. Swallow Team
Riot Bullish I am not a financial advisor. This is not meant to be and does not constitute financial, investment, trading, or any other types of advice or recommendation.
Inverse head and shoulders bounce to $39390. Not financial advice just my opinion.
ETH is back to its major support, looking for consolidation & breakout.
Chart looks really bullish. Selling is done for now it seems. People are buying this up and the rumor or Binance listing may be quite bullish for this token. This is very popular in Asian countries. Watch Youtube vids from Asia on this token with Auto translate CC on. I can this hitting its all time high fairly quickly and begin its real parabolic run. This...
Not legal and financial advice; Any information provided here is only the personal opinion of the author.
Expect the unexpected this year. As you know, I flipped bearish in December. Check out the TA below. It's taken a while to rollover, but Bitcoin has failed to break the 0.75 Fib Fan. Just like in 2019, week after week, it closed right under it, and now it's finally making a move down. There are two scenarios that I put together that have probable...
Bitcoin-2024-Scenario-1 Below Let's talk about the thing nobody wants to talk about. THE CME GAP AT 20k! This CME gap is one of the largest Gaps in history. Coming in at 20300 to 21200, it's a huge Gap. I remember very clearly the herd saying the "GAP AT 18K WILL NEVER GET FILLED." 500 days later, what happened, the damn GAP gets filled. How many times do...
Looks like our big diametric E wave is over. We have a bearish CH on the chart and Ethereum is willing to reverse IFC's moves. Ethereum can then drop to the green box. Note that even this green box may be broken. We need confirmation and a strong trigger to buy again For risk management, please don't forget stop loss and capital management Comment if you have...
In my recent analyses I've written several times that I expected the ETF launch to be a major top, which has played out perfectly thus far. Furthermore, I indicated that the 41.2k-40k range as a major area of support for Bitcoin. As of now, BTC is making a lot of effort to penetrate said support. In case BTC doesn't reverse from here, we're going to see a...
BTC ETF traded for 8 days. Except for GBTC, the remaining 10 BTC ETFs are experiencing capital inflows. Most of the funds flowing out of GBTC have flowed into lower-fee BTC ETFs. But for the market, although the long-term bullish trend has not been destroyed, Sell the news has brought about a clear correction. Crypto markets entered a callback period. The next...
$40,000 has been broken like nothing; price had secured this zone (by bears) while also filling the first FVG zone and now going for a potential small re-test of that upper broken zone. We are keeping an eye out for further downward movement!!! As we said earlier, the pre-halving push is bad 😉. Swallow Team
The first day of the week is already showing some surge to test that major $40K zone, which is the last zone that holds the price up as of now. Upon successfully breaking that zone and securing that $40K zone, we are not seeing any other support from there on, which means we are going to move to reclaim the FVG zones. Although the setup looks very good, we...
KSM is currently moving towards the major support, it could be a good buying spot.
I invite you to review the chart of ETH in pair with USDT, taking into account the four-hour interval. We will start by identifying the upward trend line from which the price broke lower and created a local downtrend channel, from which the price also broke lower. By looking at the current price decline using the Fib Retracement tool, we will check the current...
After yesterday's false start, Bitcoin's long anticipated ETF is finally here. However, it remains to be seen whether this ETF approval will be bullish or not. In the long-term, definitely. Price action over the next few weeks/months is likely bearish. As mentioned before, I'm expecting a short swift pump towards 48,000$ before hitting two major resistances and...
Since the price action reversal on CRYPTOCAP:BTC it has been struggling. (also sold CRYPTOCAP:ETH & CRYPTOCAP:LTC few days later) There is way too much positivity in this space for what's happening. #bitcoin is at the top portion of the gap, but may not hold and will likely fill & trade lower. We have been huge proponents of using futures data vs spot...