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.
Gala
✅ 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.
GALA - Supply vs Demand, who wins?GALA has been relatively weak here when others are showing strength, but that is fine imo because not everyone can show up on time. I've taken a fractal from something we saw before not long ago, that is exactly how I want to see this playing out for a long position.
Retest back down to top of demand zone with a strong punch up, many coins looking very similar to this at the moment. The fractal is stretched to display the overall structure I want to see, dipped into demand with a break in MS and bullish retest, ultimately followed by a strong move up.
Would place SL below green area or the low of $0.046 level (local low).
Ideally demand wins this battle over minor supply above, but only time will tell.
V
Trading opportunity for GALAUSDTBased on technical factors there is a Long position in :
📊 GALAUSDT
🔵 Long Now 0.05172
🧯 Stop loss 0.04530
🏹 Target 1 0.05600
🏹 Target 2 0.06290
🏹 Target 3 0.07200
💸Capital : 1%
We hope it is profitable for you ❤️
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Long with moderate R:RThe full story described…..
Stop loss critically if penetrate support zone (3times tested and shows huge volume and quick response to make price reflect)
Also tgis trade based on trend line brake out as well anti cypher pattern appear, so if 5mins candle close down the rend line close the trade manually.
All the best.
Gala forecast and ideaAfter the price correction and return to the resistance Zone, we enter the short trade for the second drop to the Fibonacci range of 2 or 1.805 .
Entering the short trade, after the pull-back from Resistance Zone and confirmation of the price falling.
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GALA return to the whales area🔥 Time to open long ❓Hi friends! The GALA price returns to the area where the biggest volume were traded. I suppose that whales buy their GALA here at the bottom. Now you can see how the price return to this area agin and it`s a good chance to open a long if this preconditions will happen:
🔥 false breakout of the $0.046 key level or short squeeze below the local lows to activate the sl of small traders
🔥 volume growth which shows the additional purchase by the big players and that the small one sell their coins
🔥 squeeze to the trendline
🔥 bullish BTC. All altcoins follow BTC, so if it`s start to grow, the GALA reach the targets much faster.
🚩 Now the price of GALA is inside the $0.052-0.062 huge value area which is support fot the price.
📊 The targets:
1. $0.073 - the key level
2. $0.08-0.084 - the closest value area which become the resistance for the price
✅Also i will track the huge whales orders wall to BUY using DOM and Footprint. This tools show the exact price where the big players set their BUY limits and I open the long with short sl and best risk to reward ratio (1:7-20 or more). Stay tuned!
💻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.