🚀GALA follows THIS scenario! What will be the next?📊GALA reach the $0,064-0,07 liquidity gap which i mention in previous idea. This was the most clear target and price reach it so the analysis were doing right.
After the trendline breakout we haven`t seen the deep pullback and long traders trap which shows us the bull strength. Now i expect the squeeze under the trendline and it breakout. The volume growth before breakout confirms us the presence of the buyers.
Additionally we see the accumulation area of $0,05-0,064 for GALA which is also confirms our bullish scenario.
If the price can reach the closest value area of $0,079-0,084 it will be the first such pump after the bear trend for 2-3 month and show us the first global reversal signs.
🚩Altcoins will grow untill the BTC and SnP500 are growing. Always keep it in mind.
💻Friends, press the "like"👍 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
💹FTM: on the way to the second target and...long traders trap?!Fantom is following my scenario. It`s almost not consolidate under the trendline and directly break it up. It`s a good sign of the bull strength.
After reaching the $0.30 key level and our first target price made local double top and break the trendline down. It would be too obvious to break this trend line with a strong dump, since after such a serious dump 2-3 weeks ago, not enough traders have accumulated for a trap.
There were a lot of buyers at the bottom and volume indicator confirmed it. During FTM growth we haven`t seen the huge volumes that confirms us the sellers presure.
So for the huge pullback and to entry the short we should wait for the local pump and the false breakout (liquidity collection) which can happen when the price reach our second target. This is the $0.34-0.38 value area. I don`t think that the pullback will be the deep but we to make 1:3, 1:5 RR we don`t need it.
✅This is the one out of severals scenarious and most possible of them so stay tuned to get more updates.
💻Friends, press the "like"👍 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.
Is Gala breaking descending trendline?As we can see on the chart Gala seems breaking its trendline. It may increase up to its ath point or beyond.
If it cannot breaks trendline, it may continue to dropping between two blue lines.
Note: This is not a financial advise. This is just for personal training.
📊When you come to the crypto vs When you really need to comePush the like if you come to cryptomarket at #1 and #4 areas or write a comment if at #2, #3, #5. I bet it will be more likes. Today, i`ll explain you why you need to come at #2, #3, #5 in crypto and most of traders don`t understand it.
As you can see the yellow areas is always the "hype" area when most of the newbees are coming at the crypto market and any other markets. It`s actually not bad because more and more people discover the crypto and trading of crypto.
What is wrong with the bear market? Market is crashing, everithing is bad for short-term for hodlers. But guys, traders can open short trades using futures trading. Essential thing that is potential to earn. At the falling market it`s much less then at the BULL market.
EXAMPLE: if you open a short with x1 leverage even from ATH to the bottom it`s just: +83%, +71%, +70%. If you open the long with x1 leverage or just trade the bull market which start at white areas you can earn +350%, +1300% and it`s just about BTC.
What about the altcoins? They have unexpected % of growth. Most of them grow higher than Bitcoin. Some of them make x10, x50, x100. And it`s only at the BULL MARKETS which start at white areas.
So if you are at crypto now start to study and be ready for the next bull market. Please don't follow the majority and leave the market when everyone else does. Your time will come soon, if you prepare for it well.
💻Friends, press the "like"👍 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.
🚀GMT: runners, are you here? Is it a time to BUY?Despite the decline of GMT hype, enough buyers can be seen in the volume indicator. The growth of volume bars shows that the big players are still buying. Indeed, if you are a big player, you don't always make money, but we can see the signs of interest now. Will the project be able to surprise traders once again and achieve the goals I will talk about in this idea?
The price return to the previous lows and the key level of $0.81. It`s almost +44%. GMT make the false breakout of the key level but after few hours return above the level. As you know, false breakout is the strong pattern but in this case price show the bullish signs and it`s good for the long traders.
Additionally, the price test the global trendline as a support which is also confirm my thoughts.
📊The closest resistance area is a $0.92-1.06 value are. I think we have to test it and make a pullback for 10-15% to trap the long traders. After this we can open a long with better RR and use trendline breakout as it`s shown ont he chart.
🚩Targets:
🔶1. $0.92-1.06 - closest value area
🔶2. $1.16-20 - value area and mid-term target. GMT can reach this target if BRC helps altcoin and start to rise to $24-25k.
What should we expect from the project? Will it ever return to its highs or can we no longer hope for growth? Write about it in the comments!
💻Friends, press the "like"👍 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.
📈ETH: wait for this pump! Don't fall into the trap.Hi friends! The price of Ethereum rose by 30% after the last dump and it`s by 10% to the closest resistance. In this idea i explain you where is the potential entry point, because after such growth we have to wait for some local pullback.
The Ethereum price is squeezing to the trendline and even breakout it now. It`s a good for the crypto, because it`s a first sign of bullish strength. The price reach the $1200-1260 value area with the high possibility but should you open a trade after such pump? I don`t think so, only if you buy for spot at using DCA.
I think we need to wait for the pullback and return the ETH to the trendline. Some long traders who open a trades now will be traped and after this we can open our positions.
If this scenario will be successful and price return below the trendline to open a trade we need to wait for:
1. squeezing under the trendline again
2. volume growth at the vol. indicator which shows us the pressence of buyer
Targets:
$1200-1260 - value area
$1432-1484 - value area
💻Friends, press the "like"👍 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.
📊FTM almost copy this scenario! What is next?Fantom (FTM) reach all my targets from my previous idea and even more. After the false breakout (bear trap) of the trendline all long traders bacome the fuel for the dump.
After such DUMP and volume growth we can expect local pullback. Even BTC made it after the fall to $17600. Now this is altcoins turn.
I marked the global trendline which is resistance for the price now and FTM should accumulate the "power" for the breakout. If it start squeeze under the trendline and volume start it gives us additional confirmation of big player (buyer)✅.
The targets:
🔶 $0.30 - key level
🔶 $0.34-0.38 - value area and huge resistance for the price
💻Friends, press the "like"👍 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.
💹ADA: are dump days finished? The possible scenario.Hi, friends! Cardano(ADA) are so far from it`s ATH as BTC and many other altcoins. At the volume indicators we see how some buyers continue the accumulation of ADA. It`s the first sign of bullish strength.
📊What scenario we should expect for ADA:
1. squeeze under the trendline
2. false breakout of the previous lows $0.42
3. volume growth as confirmation of buyers
The targets in many ways depends on BTC growth. If BTC starts to pump ADA can reach all the value areas:
🔶 $0.51-0.52
🔶 $0.55-0.57
🔶 $0.62-0.64
Additionally, i expect the second scenario without the liquidity collection. So pay your attention to the trendline breakout. Before it the volume indicator also show tha the buyer start accumulate the longs.
💻Friends, press the "like"👍 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: is it the end of the meme coin and meme Lord?Musk is reportedly accused of being part of a "pyramid scheme" related to Dogecoin. He faces a fine of $258B and a ban on DOGE promotion. Hope that everything will be fine to both coin and Elon.
About a month ago❗️, i published the idea about the same strange relationship between Elon and DOGE. Check it out😉
But we traders have to be ready for anything. Now a lot of traders are "locked" in Doge after the accumulation in the $0.8-0.88 value area. They become the fuel for dump and some of them have already been liquidated.
I expect the false breakout of the $0,064-0,066 value area return to the trendline and after some squeeze above it break it down. Preconditions for it we can check at the volume indicator. Some big players sell doge at the rebounce after dump. If at the false breakout the volumes will grow it will be the best confirmation for us to open a short trade according to this scenario.
Targets: return at least to $0,5-0,55 value area. The next targets we can difine when this movement begin depends on BTC mood.
💻Friends, press the "like"👍 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.
📈AXS: the DUMP is still possible! But what after this?Axie Infinity is the famous game-fi project and top gainer of 2021. Ans it`s a problem for the price because lot`s of retail traders buy this coin and now almost liquidated.
The liquidity collection under the key level of $12.20 is highly possible. Why it could happen:
1. Lot`s of coins were bought in the $19-22 accumulation area. The horisontal volumes confirm it.
2. Additionally, the whales sell lots of AXS at the previous pump. Maybe, some traders don`t want to miss such "opportunity" and trade without trading strategy.
The volume indicator confirm this big buy also.
This both number of long traders become the fuel for such dump.
After the false breakout of key level and squeeze to the trendline the breakout is highly possible.
The targets for this trade:
1. $16.4 - key level
2. $19.5-22.4 - this value area become the huge resistance for the price.
Bloomberg said that the game is almost scam because dont want to pay it`s players. How do you think, if the famous news write about some coin news it`s a first bullish sign? Write in comments your thoughts about AXIE.
💻Friends, press the "like"👍 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: potential reversal pointHi, friends! Can you see how big guys buy the bottom at the volume indicator? As you know if someone not sell somethins so you can`t buy it. In this example we see how much GALA were sold in panic or any other reason.
Where is successful trade really possible? The best opportunity might be at the false breakouts of 2 key levels:
1. $0,05 - local lows
2. $0,049 - local lows
Under these levels placed a lot of sl which is liquidity for the big player and they want to collect it.
The target is $0,064-0,07 liquidity gap which is resistance for the price now.
After the false breakout of the key levels and return to the trendline the breakout is highly possible. Check the volume, because it`s shows us the willing of the big guys to buy. Stay tuned to get more updates!
💻Friends, press the "like"👍 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 - Final Drop! 👀In our last post, we were anticipating the final drop to appear and now we've got it. The time to buy is almost here!
For confirmation of bullish breakout, we can wait for a break of the red trendline.
For an even cleaner entry, you can wait for you bullish reversal confirmation price action to appear such as lower timeframe trendline breaks, BOS etc.
Trade Idea:
- Wait for bullish price action to appear on lower timeframe
- confirmation on break of the red trendline
- stops below the lows once bullish price action appears
- Targets: 0.4, 0.8, HODL the rest
Goodluck and as always, trade safe!
😥🎢BTC.D: retail traders sell alts in a panic! Time to buy?📈Bitcoin's dominance has grown to 45%, while most altcoins have fallen by 75-90% from their ATH. One Luna🌔 lost $18 billion in capitalization. Why do we need this dominance and how it helps to increase the win rate? I'll explain it in this idea.
💼What is dominance? Bitcoin dominance is the ratio of the capitalization of the major cryptocurrency ( BTC ) to the total capitalization of cryptocurrencies. Simply put, % of Bitcoin's capitalization in the TOTAL capitalization of the crypto market (Bitcoin+Altcoins). Now it`s 45%.
💹What does dominance help to identify? As we can see from the 8% dominance growth, altcoins are getting weaker. But why does this happen? It is because of the panic of retail traders. In search of a quick profit and investing all their depo in altcoins without any analysis, they have lost significant capital and are trying to sell them as fast as possible despite the 90% fall of alts.
✅The key level of 50%, when the value of all altcoins=the value of all Bitcoins , will be the huge resistance to Dominance. Bitcoin can reach that level if it can drop to $23-25k and all retail investors finally panic sell off their alcoins, pushing the price down. That would be the best place to buy, but I'll tell you about that later.
🏁Let me know if you want to know more about altseasons: why and when it`s happen? Altseason is the best opportunity to grow your deposit.
💻Friends, press the "like"👍 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.
📈ICP: is the whale trap coming to open short?Hi friends! As we can see the volume indicator shows us that lots of coins have sold by big players during the last few pumps.
Now the price forming the falling wedge which is the bullish pattern. But why short is possible in this case:
1. growing dominance of BTC. Altcoins looks very weak.
2. huge resistance at the $7.4-8 value area.
3. possible false breakout or pump the same as we see previously with volume bars growth. It shows us the sellers presure.
The target for downtrend movement will be at least the $6 key level.
💻Friends, press the "like"👍 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.
🚀SOL: why no one buy this alt? Long setup!Hi friends! Solana is in a local range as the whole cryptomarket. As you can see it made false breakout after what rose by 26%. This i`m waiting for this time.
We see that the price consolidate above the key level of $37.4 and squeeze above it. Before the price growth, Solana have to break the key level down and make a manipulation with collection liquidity for longs of the big player.
📊The volume indicator should confirm that a lot of trades are buy and sell in panic their coins. For what? You have to understand that the liquidiy for whale is so important because in such cases he can buy more coins at a discount. Volume should grow as it marked at the chart. Before we see that at each price bottom the volume indicator confirmed a lot of trades and price rebound after that.
When the price return to the trendline it should squeeze and breakout the trendline.
🚩Targets:
🔶1. $44-47 - value area, local highs
🔶2. $50.5-53 - big value area
🔥Remember about risk and money management to increase your deposit.
💻Friends, press the "like"👍 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.
📊Will crypto be banned in the U.S.? Rumors of a new crypto law!A document about the new crypto regulation in the U.S. began spreading in the social media on Monday night.
📊The document is almost 600 pages long, and here is a summary:
🔸 Compliances, DAOs, exchanges, and stablecoin providers would have to become registered entities
🔸 Security laws have been re-painted with clarity, and a host of assets have been re-classified as commodities under the CFTC.
🔸 Compliance costs are proposed to be risen. Investors might have to indirectly bear the burden of the same as exchanges would try to recover the same via higher fees
🔸Bankruptcy definitions have also been changed. Per the bill, assets deposited would get returned to users and not liquidated.
🔸Fee offsetting rules mean exchanges would have to pay the government from fees, and the same would likely escalate costs.
🔸 The proposal also gives depository institutions the right to issue stablecoins.
📈Are the crypto regulations positive or negative for the crypto market The market will be increasingly safer for the retail and institutional investor and what used to discourage will now only attract. For example, Binance has been cleared and passed all inspections in major EU countries. This will only speed up the adaptation of crypto into the normal life of a person who is not even connected with crypto. So it`s a positive.
For example, China, having banned mining and crypto, is trying to regulate and oppose new technologies. The U.S. is trying to adapt new technologies, that is why the economy of this country remains No.1 in the world, and 90% of investment funds are located there.
📈Why should we keep an eye on these trends? What the U.S. starts, eventually adapts in all countries of the world: India, Australia, Pakistan, Malaysia, EU countries, Ukraine, Nigeria and many other developed and developing countries.
The regulation of cryptocurrencies will lead to positive long-term consequences, as a large number of blockchain-based products have been created for fintech, agriculture, retail etc.
What do you think about new possible crypto regulations? Will it help the crypto to grow for the next 2-4 years? Share your ideas in the comment!
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
📊LINK: does the breakout of the range could lead to the DUMP?Hi friends! Using data from the on-chain analysis you can see that large wallets accumulate LINK for the long term. What can help them to continue this? Of course the trap for the retail traders.
📊After the "good" news about the product development of the alts someone sell a lot of Link`s and retail traders buy it. the bars on the volume indicator are almost reach the level of the previous highs when the dump happen. It`s a HUGE VOLUME, so pay attention to the short scenario which i marked on the chart.
🔥How can this happen? The price break the trading renge where the key level is the top of the range. After the small pullback the price break it again and reach the closest value (resistance) area of $8.61-8.91.
📈I think that the price after the return to the trendline can break it down and reach first value (support) area of $6.96-7.13.
📈If Bitcoin also starts falling it push other alts to the support areas, so in this case Link can fall even to the second value area of $6.30-6.57.
💻Friends, press the "like"👍 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 - Good news came up, but it didn't help the price🚧Reasons to take short
⭐️ BTC bearish
⭐️ Trendline is clear
⭐️ Volume at top
⭐️ News came up but there no reaction
⭐️ 3rd touch
⭐️ Under VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones