Gala
GALA/USDT - LONG ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ #GALA/USDT ⚡️⚡️
Client: My-ByBit USDT
Trade Type: Breakout (Long)
Leverage: Cross (3X)
Entry Targets:
1) 0.04149 - 100.0%
Take-Profit Targets:
1) 0.04275 - 20.0%
2) 0.04398 - 20.0%
3) 0.04611 - 20.0%
4) 0.04804 - 20.0%
5) 0.04942 - 20.0%
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (0.833%)
Stop: Breakeven -
Trigger: Target (1)
🔥🔻GALA DESTROYED? The hacker minted 56B of GALA coins❗🔥Hi friends! Bad news for GALA. According to some reports, unknown persons have minted ~55.6 billion pGALA synthetic tokens worth up to $2.2 billion through the PancakeSwap decentralized exchange (DEX).
✅ The hacker managed to sell only 12,977 BNB, which he bought for printed GALA. The total "profit" is $4-5 million.
📊 First of all I should say that GALA wasn't hacked because it based on ETH blockchain. The hackers attacked the pGALA coins which is used on the PancakeSwap.This information confirm the President of Blockchain of Gala Games.
✅Also GALA wasn't hacked due to the official Twitter account of GALA Games. I think they mean tockens on the exchanges that based on the ETH blockchain.
📊 SO WHY THE PRICE OF GALA DUMPED?
The coin price fall because of the panic and arbitrage of some market players. Huobi exchange decided to delist the coin because the arbitrageurs collapsed the price by almost -80-90%.
🚩 On Binance, the coin fell by -34%🔻, but the exchange blocked the withdrawal/deposit to avoid the manipulation with price.
📊 WILL GALA CONTINUE TO DUMP?
So as you all understand now, the price DUMP based not only on the hacker attack but because of the panic and arbitrageurs. I think that in a few days the price return to it's previous conditions.
I recommend to check my latest idea on GALA. The price already make +42-45% from our entry point. I hope my subscribers book the profit and close the part of position in the breakeven.
I think that we can left the same targets. The main task for now is to find the best entry point for long positions. Of course, look at the BITCOIN to choose the direction of altcoins movements. If BTC is bullish, all altcoins is bullish too.
🚩 FUN FACT. In addition to the fact that Bitcoin finally started its growth, October was a record month for the number of hacks. During the month, hackers stole almost $657.2 million in crypto. Now we can call October not only Uptober but Hacktober.
Traders, do you sell or buy GALA on this DUMP? What will happen to GALA in upcoming days? Write your thoughts in the comments.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🚩✅ The 3 target for GALA, if the market reverse now!Hi friends! Now the price of GALA inside the channel and the 2nd test of lower boundary is possible, but only in case if BTC fall to $16-17k.
I think that the most possible scenario is continue of consolidation or local growth to the 3 targets that i mention below.
📊 The main reasons to open a long:
🔥 trap of the retail traders and volume growth at the bottom. It confirms the pressence of buyer for us
🔥 squeeze to the upper voundary of the channel
🔥 whales buy orders on DOM and Footprint scalping tools
🔥 bullish BTC will push the price of entire crypto market higher and higher
🚩 Can you image how many short are currently opened by retailers after 80-90% DUMP? I think that the liquidation of this short position could cause the HUGE pump of this Game-Fi project. The short traders become the fuel🔥 for the highly possible grow.
✅ Close your long in profit here:
1. $0.044 - the key level
2. $0.51-0.55 - the value area and strong resistance
3. $0.074 - the local high and key level
I recommend you to book at least the 60-70% of profit when the orice reach the 2nd target.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
GAL/USDT 1DInterval - Resistance and SupportHello everyone, I invite you to review the GAL / USDT chart on the 1 day interval.
First of all, we will use a white line to mark the downward trend, which the price has already tried to overcome several times upwards.
However, looking at the chart, we see that the local price fell below the local uptrend line.
Now let's move on to the support designation and as you can see, we first have support zones from $ 2.02 to $ 1.92, then we have support lines at $ 1.66.
Looking the other way around, we can identify several resistance lines for the price, the first resistance is at $ 2.18, the second is at $ 2.33, the third is at $ 2.46 and the fourth is at $ 2.57.
Please take a look at the CHOP index which indicates that we have a lot of energy in the 1 day interval, and the MACD indicator shows an upward trend.
Gala gained somethingGuys gala has shown some deflection to the price action.
It has gained a little lost volume and has started increasing its support to 0.03266
I told you guys to short gala to 0.03280 congratulations to those who gained 115% profit.
After that now gala has decreased incredibly and the gala games is terribly oversold.
It will increase to 0.053
🚀🔥Cardano false breakout at $0.4 key level: 3 target to longHi friends!
Take a look on the volume indicator. The volume bars are always growth at the bottom. The whales buy a lot of Cardano and I think it will go up after this liquidity collection below the key level of $0.4.
Also we need to see the clear uptrend (HL+HH) to open nice swing with some global targets. Now the price of Cardano as the most of altcoin is consolidating and its good times for scalpers (to make a profit on the small movements) and for the big players (accumulate long-term positions in altcoins to sell it to retail traders at the next ATH).
📊 The preconditions to open a long on Cardano:
✅ liquidity collection+volume growth
🔥 squeeze to the trendline
🔥 bullish BTC of course
🚩 I like to use DOM and Footprint free scalping tools. They help me to open the best position together with whales. Check the links below the idea to get free trading tips and tools.
✅ The main targets for Cardano:
1. $0.45-0.48 - the value area
2. $0.542 - the key level
3. $0.56-0.57 - the value area
🚩 The short scenario is less possible. Targets for the short is -42% according to the classic technical analysis (breaking the triangle down). But I am not sure if it is possible and if there are traders left that can be liquidated (fuel to DUMP🔥).
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
GALA BULLRUN HOLD IT 5 years at leastGala is been at the bottom and bottomed at 0.4200 area.
In a year we should hit 1$
Next 2 years should be able to hit 4$
Next 4 years should hit 6$
8 years should hit 10$ and more
Just a theory.
But this is a lifetime big money in and hold it.
When will the GALA GAMES come to life ?It's been almost two months since our previous GALAUSDT idea was published
And as we can see, working out the red scenario from the idea above is nearing completion.
The GALA price is now in the liquidity zone of $0.035-0.040, where you can try to buy longs. Of course, if you believe in the project and in the further dynamic development of the gaming sector in the cryptocurrency market.
As for the goals from above, in the case of growth, the first buyers will be met by the same liquidity zone of $0.07-0.08, which has not let the price go higher twice already.
The global target for growth is around $0.18
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ETH ANALYSIS
#ETH UPDATE.
#ETHis currently trading in falling channel and break above this channel would give give a small breakout with 1350 resistance and close below would take eth to test the previous support level.
📊The whales trapped the traders on GALA! Should we open a long❓Hi friedns! I expect the pullback after such massive drop. Of course here we can find the nice entry point to open the longs and in this idea I'll explain the preconditions to open a long.
✅First of all look at the big orders which the whales placed to buy more crypto below the local lows of $0.39. It will be the main precondition to open a long.
✅The volume growth confirm you that someone biught a lot of GALA at the bottom. Look at the volume indicator. Do you see how many times the volume growth at the bottom❓ Now i expect the same!
✅The squeeze to the trendline help you to understand the willingness of the whales to push the price higher.
🚩 Bullish BTC helps the GALA at to reach at least it`s firts target.
📊 The targets for the long are the biggest value areas:
1️⃣ $0.51-0.55
2️⃣ $0.59-0.61
✅ Also pay attention to the first value area which close to the trendline. There are pottential reversal area where you can book some profit or close you trade and try to find the best entry to short.
🔥Traders, is this idea was usefull for you? Write in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Confirmation of the breaking the resistance line in Gala!!✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
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✅ Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed, and ask any questions about chart analysis.
Thanks for your attention
Binance is going to 🔥BURN LUNC! The PUMP continues❓Hi friends! Do we need to expect the pump for 100-200% in a next week? Let`s tell about this!
✅Why LUNC pumps❓ Cryptocurrency exchange Binance has implemented the Terra Classic burn mechanism for spot and margin pairs LUNC/BUSD and LUNC/USDT.
🚩 The LUNC price reacted to this initiative with an increase of almost 40%.
📊 Do i think that LUNC will skyrocketing this week? I think yes, but if only BTC will pump to 22-23k. This mean that all altcoins woll pump not only LUNC.
🔥 The LUNC pattern. Take a look at the volume indicator. The volume growth all the time when LUNC pumps. This means that the big guys always sell their coins to retail traders. And what happend next? Fall or some consolidation for 2-3 weeks.
📊 Do i expext the consolidation after this pump? I think that is highly possible but now the LUNC pumps because of Binance support what is really good for project. Binance have the largest crypto community so the money possibly will flow to the LUNC further.
✅ The closest targets:
1. $0.044 - the value area
2. $0.06 - the previous ATH
🚩 In the case of pump higher i recommend you to book the profit by parts (20-30%) and do not book all profit at once to not let the price make +100-200% without you. It will be good to catch this opportunity and make the profit.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
✅ DOGE inside the FALLING WEDGE. What is the next target❓Hi friends! Dogecoin consolidationg in the narrow range. This means that the price is compressed, but it is on the decompression you can make the most money. We have to not miss this decompression. In this idea, I will tell you how to catch a powerful movement and make money on the rise.
Now the price of DOGE below the 2 HUGE value areas which are resistance for the price. The big players continue to collect the liquidity close to the local lows and it`s good for upcoming movements!
📊 Preconditions to open long:
🔥 false breakout of the wedge
🔥 volume growth which confirms the pressence of buyer
🔥 DOM and Footrpint scalping tools help you to find the bottom and reversal point for the DOGE. Huge orders on the DOM usually help me to set short sl and get the best RR (risk to reward)
🔥 bullish BTC force the altcoins to grow and reach all targets
The most important value area is $0.06-0.065. The bottom of this area become the resistance for the price and if the bulls have no power to break it, the price continue to fall.
🚩 If you open a long at the false breakout of the wedge, i recommend you to pay attention to this area. Maybe, it`s worth to book 50% of profit.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.