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Relative Strength Index (RSI)

Bitcoin(BTC): We Getting Ready For Another Drop!While Bitcoin has had some moody moves with a punch of quick up and down moves (on a smaller timeframe), we are seeing a nice small correction that has happened on Bitcoin, where currently we are again seeing weakness at the beginning of this day. As we are back in our upward tunnel and yet we did not fully re-test those upper zones, we might see an early downward continuation of the movement. Eyes are open, for sure, here. Many have been asking about the "bullish movement." As of now, we are not seeing any good reason for bullish movement to happen!
BITSTAMP:BTCUSDShort
by SwallowAcademy
2
Ethereum(ETH): Will We Head Towards $3500 Soon? We are back with the ETH coin, where we see that after that major breakout near $2150 we had, a clean re-test price seems to be ready for another bullish movement sooner or later. As we are getting closer to the close of the yearly candle price, it seems to act like a "calm before the storm," where the price is making minimal moves but still teasing both buyers and sellers. We are looking at a bigger picture here for a potential bullish movement after breaking that upper resistance line (orange line). Once. we break and secure it we should be good for long-term movement towards $3500
Long
by SwallowAcademy
Bitcoin(BTC): We Had A Dump, Did You Sell Like We Did?The new week is here, and the first day is looking promising for bulls, but is it enough for a push?? Let's be honest here: prices were way to high and still are (pre-halving push is not good for BTC) We are seeing this as a nice start of downward movement here and we see almost zero to none chances of price reaching $50K as of now (but who knows, we might change our mind about it as we have to judge the coin in its current state) One point of interest for us is also the $45K zone, which might be re-tested one time before further movement, so eyes open at that zone. Overall, we are still seeing further movement to the FWB:36K zone at least.
BITSTAMP:BTCUSDShort
by SwallowAcademy
So far we are repeating 2019 Scenario!Mid-Cycle Top? So far we are repeating 2019 Scenario Same RSI overbought level🔻 Same rejection off the Major Resistance🔻 All I think we need to see a correction for 💰 $BTC. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Short
by CobraVanguard
2
Bitcoin(BTC): Another Rejection At $45,000With the new weekly opening, we see another week (the last one) closing below the strong resistance zone at $45K. Resistance is holding strong, and the new weekly is showing yet further weakness. Sure, ETF news and rumours are putting some uncertainty into traders, but nevertheless, one thing is sure: wealthy people would benefit more from rejecting or postponing the ETF. With that being said, we are still looking for BTC to go into the liquidity grab zones. We personally are still short.
BITSTAMP:BTCUSDShort
by SwallowAcademy
2
Sandbox(SAND): Bounce To Upper Resistance?Sand had a nice breakout from EMAs, securing this zone perfectly! We are looking here for a potential bullish bounce to the upper zones, which should be a sweet spot for a potential short position! We are not going to enter currently with a position as it is still a little early (just recently we secured EMAs but still showing a weakness near that zone) Waiting out for perfect setup and a potential bounce to upper zones here! Swallow Team
Long
by SwallowAcademy
Doge Coin(DOGE): Breakdown After Breakdown?After an amazing liquidity movement to lower zones that DOGE coin has (which we also caught in our previous TAs), Price is getting ready for another movement to lower zones, it seems. With market uncertainty, DOGE is struggling to maintain upper zones after that liquidation movement. We are keeping an eye on a potential breakdown here, which would also mean we will be going for lower zones here with DOGE coin! Swallow Team
Short
by SwallowAcademy
Bitcoin(BTC): ETF Is Live...Will We Dump Or Pump?ETF is live, and billions of dollars have been going into the crypto trading markets!! Although this is a huge milestone for Bitcoin, we are not so optimistic for bullish markets to start yet! - Yes, we now have big institutions that can buy in on Rypto, but would they buy in on such a high price? With that being said, we are still seeing that downward possible movement to happen, which would go towards at least $34K zone (where majority of liquidity is currently at) Currently, fighting over the FWB:48K zone price is not seeing any strength to actually pursue that FWB:48K zone as of now. Let's see... Greed and Fear Index: Extremely Greedy / 76
BITSTAMP:BTCUSDShort
by SwallowAcademy
2
Bitcoin(BTC): Fake ETF Approval = Markets Dumped!Here we are touched nicely by that FWB:48K zone that we have been telling you about and also which activated for us the third and last entry on our short position. We are now looking to see no more further growth here and more downward movement, for sure! As we mentioned already, we see that fake news we had was like a small test run. People have seen an approval, yet markets dumped even before the confirmation of it being fake announcement. Traders are shorting and going by the rule of "Buy The Rumor, Sell The News." Swallow Team
BITSTAMP:BTCUSDShort
by SwallowAcademy
2
Litecoin(LTC): Can We See Another Drop?The LTC coin has caught our attention with some nice potential for history to be repeated! We are seeing how, after forming some bullish trends, we have been eventually breaking them from time to time. With that being said, we are seeing a similar outcome, where currently we had a breakdown and now we are entering the "sideways movement" phase. During that phase, multiple positions can be taken, but as of now, this is just raw material, as we need to see if we will form any clear trends here! Swallow Team
Short
by SwallowAcademy
4
Uncertain EURUSD, but These Levels are likely ImportantUncertain EURUSD, but These Levels are likely Important Dear Esteemed Members, I know when I say the EUR can go up or down, doesn't seem to be useful, but I believe the outcome depends on resistance or support break and fundamental factors. As per the latest technical analysis updates, it is widely agreed that the EUR/USD exchange rate is currently experiencing a downtrend. Examination of the four-hour chart reveals that the pair remains below both the 50- and 100-hour exponential moving averages in a downward trajectory. The relative strength index (RSI) is also bearish, dipping below 40, reinforcing the prevailing bearish sentiment. Immediate support is identified at the 1.0920 level (200-hour exponential moving average), followed by the 1.0880 level (lower boundary of the rising regression trend channel) and the 1.0850 level (Fibonacci retracement of the latest rise). Conversely, potential resistance levels for the EUR/USD are at the 1.0970 level (100-hour exponential moving average), the psychological and static level at 1.1000, and the 1.1050 level (midpoint of the rising channel). In addition to technical factors, fundamental influences shape the EUR/USD exchange rate in the coming days. Attention focuses on the upcoming United States December labor market report, encompassing non-farm payroll (NFP) changes, average hourly earnings growth, and the unemployment rate. Market expectations project a 170,000 increase in NFP, a decrease from the 199,000 recorded in November. A higher-than-expected NFP could bolster the US dollar, exerting downward pressure on the EUR/USD exchange rate. Conversely, a lower-than-expected NFP may weaken the US dollar and elevate the EUR/USD exchange rate. Kind Regards, Ely
by Elysian_Mind
Bitcoin(BTC): Markets Are Extremely Greedy!! Be Careful!!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 this is one good additional confirmation for us that we are going to see a nice potential downfall very soon! Greed and Fear Index: Extremely Greedy / 76 Swallow Team
BITSTAMP:BTCUSDShort
by SwallowAcademy
2
Bitcoin(BTC): Shorting Towards $32-34K Price is seen to be getting rejected while waiting on the upper side of the upward path. With price being stuck in-between the trend (blue line) and resistance (red zone), we see a high pressure forming, which as of now is not looking like the best one. With that being said, we are still seeing a nice correctional movement occurring here in the daily timeframe. This week will be an interesting one for sure, with multiple economic news stories coming from the USA, which will manipulate the markets for sure. We are expecting to see some long squeezes this week!
BITSTAMP:BTCUSDShort
by SwallowAcademy
2
Bitcoin(BTC): We Are Getting Ready For Dump!New Week is here, and after a nice yearly closing, we see price has now made any significant attempts to secure $45K zone, which means that traders are not feeling anymore, so it is safe to push prices further as of now! With that being said, we actually see a potential movement towards that $45-48K zone, but that would be the maximum where price could go. After that (or even from the current market price), we can see a very sharp liquidity sweet (long squeeze), which can lead the price to as low as $26K or even lower! Swallow Team
BITSTAMP:BTCUSDShort
by SwallowAcademy
4
Solana(SOL): Way Too Overbought???We're standing at a critical juncture. The price is currently challenging a resistance zone; a decisive close above this level could catalyze a significant surge towards higher zones. This resistance area has been a battleground in recent times, and a secure breach could shift market sentiment to a further bullish stance. Conversely, failure to overcome this resistance, particularly with a weekly close below resistance, could signal an inability to maintain bullish momentum. In such a case, a downward trajectory towards the lower Fair Value Gap (FVG) zones may unfold, offering a reclamation opportunity for bears. This dual-scenario outlook underscores the importance of the upcoming weekly close, which will likely dictate the short- to medium-term trend for SOL.
by SwallowAcademy
23