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Gala

🚀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.
by Yuriy_Bishko
1
📊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.
by Yuriy_Bishko
23
📊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.
by Yuriy_Bishko
4
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
Short
by Artem_Dishel
✅FTM: false breakout of the triangle! How to trade it?FTM is moving in a triangle, and if bitcoin falls, it will pull the altcoin price with it. 📊What are the preconditions for the price fall? 🔶First of all, the volume indicator shows that a lot of FTM coins were sold out after the huge growth. All these long traders will be fuel for the fall after the triangle breakdown. Additionally 2 other volume growth at the bottom shows us that the some traders accumulate FTM for long but also can be trapped. 🔶A bullish trap that could happen if the price break it up and return to the triangle would be a second reason to open a short. Volumes on the indicator should rise above the average, which will show us selling to long traders, after which it will make them fuel for the fall. Also, the price could squeeze under the lower boundary of the triangle and break it down without a bullish trap. 🔶The price is now in the middle of the value area of $0.34-0.38, but if the price falls under that area, it will become a huge resistance for the altcoin. ✅Target 1 - key level of $0.3 ✅Target 2 - key level of $0.24 💻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.
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by Yuriy_Bishko
3
🎂CAKE follow BNB. Is it time to buy after 15% fall?After BNB annaunce investing in Cakeswap it`s pump for 17% in 8 hours. As you see at volume indicator someone sells a lot of the coins (take profit). But why the price dump to the previous valua area of $4.34-4.42? The SEC raised a suspicion of Binance similar to the Ripple case. Allegedly BNB are shares of the exchange, which is not allowed by law. This news dump even Bitcoin for 6%! 📊 What is good for bulls? 🔶Price is trying to close inside the valua area of $4.34-4.42. It`s the first sign of strength. 🔶The second positive sign for bulls is the volume growth. What this mean? Someone open additional long possition because there is enough liquidity to buy. 🔶If the price start to squeeze to the trendline and additionally volume will grow it will be the third signal that bulls show the strength and ready to pump the price. 🔶Closure of cases of possible violation of the law by Binance exchange will give a strong boost to the price of BNB and CAKE. Targets for long are marked on chart: $4.88 - key level $5.65-5.85 - value are 📊 What is good for bears? 🔶The bulls were traped even on BTC so it`s possible that the price of all alts will follow the BTC price if the dump continue. 🔶If the SEC continues to investigate Binance, all altcoins linked to this exchange (CAKE, BNB, WRX, TWT) will consolidate or fall for a long time. For example, Ripple, which is about 2-3 years in a similar position in the bull market grew less than Bitcoin, although it has a capitalization of 10-15 times less. 🔶The false breakout of the trandline will b additional sigmal that the bulls haven`t enough power to push the price higher. Binance is the largest crypto exchange and it`s hard to image that it will be banned. Perhaps the exchange will just pay a small fine, since the proceedings only concern 2017. 💻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.
by Yuriy_Bishko
5
✅BNB: trendline breakout after accumulation.Hi friends! The BNB is trying to breakout the trend line. After the 6% growth in a few bars, the price needs to gain strength and make a small consolidation under the trend line. The targets: 1. $330-335 - first value area, local highs. 2. $354-361 - value area, big liquidity gap under it, so the price can easilly pump here. Preconditions for the growth: + volume growth at the bottom means a lot of big players buy BNB to earn on price growth. + the price rise above big vaue area $296-305 which become the support for the BNB. + Bitcoin show the strength and starts pumping what help alts also to grow. + trendline squeeze. Who will become "fuel" for this growth? Short traders, who opened trader in this consolidation expecting the dump. 💻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.
by Yuriy_Bishko
5
🔥MANA: $1 become strong resistance! What`s next?Hi friends! The value area around $1 has become resistance for MANA. What's next? 📊On the chart we see a return to the trend line after a small bounce. This shows the weakness of the altcoin. There is also no reaction on volumes, they have stayed the same. The chance of a fall is return. 🚩Targets: 🔶1. $0.86-0.99 liquidity gap. 🔶2. $0.73-0.72 is also the liquidity gap and not a strong target, but it is worth noting, because the nearest possible support for the price is behind it. 🚩Also, a false breakdown of the first liquidity gap is possible. The $0.86-0.99 liquidity gap placed exactly under the local low and key level of $0,9 so it`s highly possible. Growth in volumes will confirm the presence of buyers. 🔥Keep in mind this 2 scenarios. 💻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.
by Yuriy_Bishko
1
🚩EGLD: falling wedge breakout! Wait for confirmation!EGLD price made a bullish wedge after a false breakout. As we know, the crypto market has its own specifics of patterns. Often it happens with manipulations, collecting of stop losses, false breakdowns, etc. In this case, the manipulation was the first time when the wedge was broken out, when the candle collect liquidity above the wedge and returned to it. The price fell by 8-9%, almost the same as the entire crypto market. It`s not to much and show the bulls power. By volume, we see that this altcoin has been bought 3 times at the bottom. This indicates a big player who is accumulating a position. Locally, we might see a breakout of the bullish wedge. If the volumes grow on price pullbacks, it will confirm our bullish scenario. Targets can be identified by the horizontal volumes indicator. It`s the largest value areas, where the most of traders will close their position: $90-93 $107-110 💻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.
by Yuriy_Bishko
3
gala/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. Risk Reward: 45.14 Potential upside: 1906% Potential downside: -42.24% The bottom looks like it's in or really close. We haven't touched wave 1 top yet so technically we still have a -42% downside before we enter wave 1 territory. Gala has been going up since it started in 9/2020 and peaked at 11/2021. An uptrend for 1 year and 2 months, since then it has been correcting and looking for a bottom. From 11/2021 - 5/2022 is about 6 months and that is a healthy correction considering how long it has been going up for. If we get something similar for the next impulse cycle then it can play out to something like this chart. An uptrend is usually 2-3x longer than a downtrend so we should be seeing a reversal soon.
by AyoKu
🚀GALA: trandline breakout! Is it possible now?The Gala rebounded nicely after the fall, but after that it made long traders fuel for a 30-40% drop. Now traders in the crypto market are scared and do not understand what reade to open (long or short?). In this idea I will tell my thoughts about Gala, closest targets and preconditions for a possible long. What can be marked out on the chart? 1. the price rebound of 100% after the fall, caused many traders to buy in. After the last drop to $0.65-0.68 support, most had to sell their GALA. 2. Rising volumes every time the "bottom" was tested. On the volume indicator, you can see the volumes rising every time and the price bounce. A sign that someone may be accumulating a position. 3. 2 unsuccessful tests of the trend line and a return to it. A positive signal, a sign of bullish strength. What to expect in order to open a long position? 🔶A squeeze under the trend line. 🔶Watch for Bitcoin, which should also look strong. Another liquidity pickup below the $0.65-0.68 support level is possible. Keep an eye on volumes, which should rise in this case. Targets for a long: 1. $0.094-0.1 2. $0.11-0.12 💻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.
by Yuriy_Bishko
5
📊Are the whales going to PUMP Bitcoin?Hi Friends! Today I`ll show you the closest possible targets for Bitcoin and how the whales manipulations looks like. As you know, if you want to be succesfull in trading you can just copy the guys with really big money. Except the DOM and Footprint that i use to indentify the big limit buy-sell orders, i use techical analysis (TA) and look for manipulations on the chart. How can the techical analysis help to identify the big player? For this reason we need: 1. Key level. At the chart i mark 2 key levels which looks like channel. 2. Volume indicator. At the volume indicator you can see the traded volume. Let`s combine this 2 tools. As you can see, the volume grow every time when the price touches upper or lower boundary of the channel. That means someone sell at the top and buy at the bottom. Additionally, the candles with long tails show that someone is pushing the price deliberately. We have seen this in two cases, which are highlighted in red circles. This is definitely market manipulation. How this cases can help you in trading? You can add this tools to your trading strategy. How to make you personal trading strategy easy i talked about in this educational idea. For this moment Bitcoin is squeezing under the trendline so you can wait for the breakout. ✅The targets: 1️⃣ $32,000 2️⃣ $33,100 3️⃣ $35,900 Also, you can expect the second scenario which is also possible in case of the market manipulation. Bitcoin is in accumulation for more than 2 weeks and lot`s of traders open their longs. How do you think where are their sl are placed? Of course below the lower boundary of $28,600 and the big player know it. 💻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.
by Yuriy_Bishko
18
🍕🌟BNB: long after the false breakout!When to open a long on BNB? In this idea I will tell you 1 method that will help you do it even if you are the beginner. 📊On the chart we can mark: 1. the mirror level of $313.5. A mirror level is a price level that can be both support and resistance for the price. 2. value areas that would be targets: 🔶$354-363. 🔶$373-382. 🚩In order to open a long trade, we need to look at an example of a short trade, which could be opened on a breakdown of the mirror level. Key points: 1. a return of price under the key level (false breakout). 2. volume growth on the breakout - a big player was selling BNB to the long traders. ✅A short stop-loss and a clear target to the trendline. 🚩How to open a long: 1. Wait for a false breakdown of the mirror level of $313.5, the return of the price above it. 2. The growth of volumes will show us that the big player is actively buying, while retail traders are selling. ✅Additional support will be the trend line, which the price may touch for the fourth time. A short stop loss and clear two targets. 💻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.
by Yuriy_Bishko
4
GALAUSD on the strongest rise ever but is it enough?Gala (GALAUSD) is having the strongest 3 day rise (more than +270%) since it first started trading. The bounce came very close to the 2.0 Fibonacci extension from the first Low of this correction in January 22 2022. However this is not enough technically to restore the long-term bullish trend and start a new Bull Cycle. In order to do so, Gala has to break the Lower Highs zone that started after the November 26 2021 All Time High. Then the price can start filling the Fibonacci retracement levels towards a new All Time High. Until that happens, it is possible to see a new rejection new the Lower Highs or the 1D MA50 (blue trend-line) and if the 2.0 Fib breaks, set a lower target on the 2.5 Fib extension (roughly 0.012). -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:GALAUSD
by TradingShot
1