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Gala

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. --------------------------------------------------------- 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. Thanks for your attention
Short
by Arash-RK
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.
by Yuriy_Bishko
2
🔥ADA fall to the huge support. Still no volume, but..Hi friends! ADA almost return to it`s local lows and we still dont`t see the volume growth. It`s mean that bo whales wants to sell and retail traders are already out of this alt what is good for it`s growth. Also the volume at the top a few days ago is equal to volume at the bottom now. It`s mean that someone who buy a few days ago at the top, sell all this amount now. Don`t be like this guys, use the trading strategy and use additional tools to identify best place to buy or sell crypto. 📊 Preconditions to open a long: 🔥 liquidity collection at the local low of $0.435 🔥 big orders wall to buy at DOM and Footprint indicators show the local bottom. There we will have a possibility to open a long trade with a short sl and best RR 🔥 squeeze to the trendline will be a good confirmation also if you don`t use tools as DOM and Footprint 🔥bullish BTC will help the ADA reacg it`s targets 📊 The targets: 1. $0.5948 - the closest key level 2. $0.68 - 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.
by Yuriy_Bishko
5
GALA Choses Short scenario I shared previously both scenarios and was leaning toward red, simply given the fact we had a harsh rejection at the above bearish ob in red, with candle closes below and wicks above. We then lost the s/r as support, made a LL and broke market structure increasing the drop momentum down to my target almost perfectly, just quicker than I had anticipated! Now bouncing off support OB and will want this to hold in the short term, I expect it should and we see some chop in this area. A nice play if you shorted this for 16% roughly in profit! NOW? I'd be longing this off the bottom bounce if looking to trade, waiting for a retest as confirmation though. Cheers
Long
by cryptovatsik
3
📊 FTM is so weak! Let`s make a profit on shortHi friends! Today BTC fall for 6% that push the price of altcoin lower also. As you can see on the chart, the FTM can make some pullback after reaching the support area of $0.23-0.29. The target to pullback will be another value area which become the resistance. It`s the $0.335-0.37 value area. At the pullback we have to pay atention to the volumes. Also this scenario will be usefull for someone who use DOM and Footprint. When the FTM reach this value area, we can identify the price levels where the big players sell crypto. Using this information we can also open a short trades with short stop loss above the big players sell orders. 📊 Preconditions to open a short: 1. pullback to the $0.33-0.37 value area 2. volume growth which confirm the sellers presure to push the price lower 3. BIG sell orders on DOM and Footprint. The whales open their shorts to make money on the dump 4. bearish BTC 🔥Target is the $0.23-0.27 value area. There is the potential reversal point to long or the price continue it`s fall to new lows! So stay tuned to not miss the 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.
by Yuriy_Bishko
3
🔥Undervalued altcoin: when will ADA start to grow?Hi friends! Ada is still consolidating at the bottom despite the fact that most of the other altcoins are already pumped. As i said in previous ideas, it`s undervalued altcoin and have a great potential in 2-4 weeks. Don`t miss the pump. Cardano create a base pattern at the bottom. If you dont know what is it and how it use, check this educational idea. Now i want to see the fall to the support $0.49-0.52 area and pullback after the liquidity collection. 📊 Preconditions to open a long: 🔥 return to the $0.49-0.52 value area and liquidity collection 🔥 volume growth which also confirms the big players pressence 🔥 huge limit orders on the DOM and Footprint indicators. It will help to identify the largest whales support levels and open a trade with short sl and besr rr at the bottom 🔥 squeeze to the local trendline 🔥bullish BTC sentiment which help ADA reach it`s targets If such scenaio confirms, i ll let you know. So stay tuned and subscribe! 🚩The targets: 1️⃣ $0.62-0.65 2️⃣ $0.77-0.79 💻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.
by Yuriy_Bishko
7
GALA - Key level for Long or ShortIf you want to trade GALA, here is how I would do it. Long target with SL and short target with SL. These need to be tight stop losses imo, with short-term target swing trades. Not looking to accumulate in this choppyness, but could easily play this if we get another leg up or if this fails and it breaks down. Personally I do care which direction it goes, but will play it as I see fit. If we get a nice reaction to the previous S/R we broke which is now support, I will enter a long. If we break down further and get a bearish backtest I will short it with invalidation above the level. May low is broken, no longer support and now minor resistance, not a significant level imo but possibly a good determination of weakness or strength in the next move. V
by cryptovatsik