Gala - Bears are at danger!Reasons to take long:
⭐️ BTC bullish
⭐️ Trendline is 38 days old
⭐️ Trendline is clean
⭐️ In the end of local formation
⭐️ Slowly squeezing to the trendline
⭐️ Stoplosses hidden behind pinbar
⭐️ 4th touch
⭐️ 50 ATR
⭐️ Over VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape 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
Gala
🚀SOL looks strong. Check out this scenarioSolana looks strong and grow higher than 99% of alts. Despite the problem with it`s blockchain SOL already grow by 67% to local highs and by 27% to the current price.
📊A lot of buyers appear at the bottom of SOL. It confirms us that the newbees sell HUGE amount of their altcoins to WHALES. If the whales are ready to buy SOL, we need to be ready for growth. We talk for 1 lesson about how to avoid this common traders mistakes in mini course for cryptotraders✅ Enjoy!
Now the price of the alt is consolidating in the triangle making HL and LH. It`s probably the best pattern on crypo market for traders who trade false breakouts. False breakout of the triangle is what we have to wait now.
📊Preconditions to open a long:
🔥false breakout or local manipulations with liquidity collection
🔥volume growth after the false breakout at the local lows
🔥squeeze to the trendline
🔥BTC bull sentiment
The targets:
1️⃣$38-40 - the closest value area
2️⃣$50-53 - the value area. Possibility to reach this area is not so high in short-term, if BTC will not shows it`s strength.
🚩About when BTC will start it`s growth here.
💻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 is going to break the trandline! Here is entry point.The big player continue to accumulate GALA and hold it. Such amount of volume at the bottom confirm✅ for us that buyers are continue to buy GALA.
Additionally, after the breakout of the $0.49 local low and key level the volume grow. It`s also mean that the whales collect liquidity for their long positions. A lot of traders place the sl below the KEY level and all of them were trigerred.
This is good for us traders who are patiently waiting for the best entry point and let us opportunity to make good %%%.
📊You have to see this preconditions to open a long:
🔥squeeze to the trendline
🔥local manipulation with sl hunting and liquidity collections. The volume should grow. It shows us the pressence of buyer
🔥BTC bullish sentiment which push the altcoins up
🚩The targets:
$0.59 - key level (+25%)
$0.7 - key level (+50%)
$0.79-0.85 - value area (+63%)
💻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/USDT : Right above the last local support BINANCE:GALAUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$GALA has formed a local bottom at $0.05 and the local low is at $0.049.
The current structure has some similarities to our recent $ADA's chart on 12H TF which has given us more than %50 profit.
Now if we compare the movements, We can see that If $GAL breaks below $0.049 with a hold, Then you can locate your Short towards $0.03.
📚 Most of our current calls have higher than 2.5R and it's good to trade, But all you need to know is, That as we're trailing stop-losses to entry after 0.5R profit, Then you need to focus on your accuracy; You need at least 52% accuracy and the golden accuracy for our strategy is to hold it above %60!
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
$GALA #gala breaking out!GALA is currently breaking out of the accumulation range between $0.056 and $0.051 which was consolidated in the whole past week
I'm currently waiting for a confirmation of the breakout, thus if we get a succesful retest of the 0.056 with a good bullish momentum candle we can set a long order targeting at least the 0.5 fibonacci level @ 0.061 for something around a 5%, setting our stop loss below the highlighted support level
let me know if you found this idea helpful and if you are going to enter the trade!
also dont forget to follow me, leave a like, and if you want to request a technical analysis, just comment the ticker of the cryptocurrency you want me to analyse down here!
GALAUSD Double Bottom and RSI Bullish Divergence.Gala (GALAUSD) has been trading within a Channel Down since the November 26 2021 High. The 1D MA50 (blue trend-line) has started to turn sideways but is still untouched since April 06. The 0.050 Support is holding on a potential Double Bottom formation but the strongest bullish sign comes from the 1D RSI which has been on Higher Lows while the price action has been on Lower Lows indicating a Bullish Divergence. As a result, a break above the 1D MA50 may be closing in and would be a bullish break-out signal all the way to the top of the Channel.
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📊GMT: are the runners return? 2 targets for long!Hi friends! GMT is looking bullish, isn`t it?
STEPN follow my previous bullish scenario! Now we see the continuation of this movements! 🚩Check it!
The price make a deep pullbach and trapped long traders which open longs at new local highs. It`s the first precondition for the next growth.
Additionally, GMT returns fast to the huge value area which was strong resistance and start squeeze below it. It`s additional bullish signal of bull strength.
Remember about short traders who awere goin to short GMT to 0. They are all trapped now and can become the fuel for next pumps.
Also i can add 2 targets:
🔶 $1.10 - key level
🔶 $1.34-1.44 - value area
All this growth possible because of the BTC growth and it`s correlation with SnP500 whick is also have local recovery after 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.
🚀XRP: is the pump soon? HERE IS WHY!Hi friends! 📈Last time RIPPLE fall by -30% and it was expected scenario! Check the idea below to understand why it`s happen and open the same trades in future by yourself!
Now we see how the price test the support area of $ 0.31-0.33 several times and buyers accumulate their positions on Ripple.
The volume shows us the pressence of buyers and it`s good for continuation of growth. Before the breakout it will be good to see additional volume growth to confirm our thoughts.
Now XRP is squeezing to the trendline and going to break it. If SnP500 and BTC make the pumo today all alts will follow it. Ripple is one of underrated so have biigest chance to show good growth to us.
The targets are the closest value area:
🔸 $0.36-0.37
🔸 $0.38-0.41
💻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.
📊BNB: will the bearish wedge become bullish? Hi friends! Binance Coin looks strong. Now it`s consolidate in rising wedge which is clasical bearish pattern. But in crypto it`s little bit different. In this idea i explain preconditions and targets for next BNB movements.
All the crypto follow BTC and it`s looking stronger then monthes before. Also SnP 500 start to grow that help the crypto market also to stabilize after the fall.
I think in a few days price will make some false breakout of it`s highs and fall down to support area of $213-227 or little bit lower to collect the liquidity. And here is the main thing! A lot of traders starts to open a short on a rising wedge breakout. As i mention before the rising wedge are not only bearish pattern in crypto and it`s depend on situation.
Now the price of this alts fall for 80-85% and take a short here a little bit dangerous and it can make only professionals with clear local targets.
Big part of the retail short traders become the fuel for growth because the price won`t go lower but return to the wedge again and will rise to our targets.
Check this idea to understand how to trade the wedges in crypto!
The targets are the closest value areas:
🔥 $255-260
🔥 $269-273
🔥 $295-308
🚩Always pay attention to volume. Only this indicator will help to identify the reversal points!
💻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: READY FOR A RALLY!!!GALA/USDT Trade setup:
GALA is at the support and I am expecting a rally from the current level. All we need is GALA to stay above $0.04975.
Best entry: $0.04975 to $0.05279.
Stop Loss: $0.04786.
Targets:
$0.05579
$0.06024
$0.06573
$0.07109
We will accumulate this coin under the buying range with 5x to 10x leverage. Do not forget to use SL.
The best signal that shows return of the bulls!Hi, friends! The fell of BTC made a lot of pain for cryptohodlers but not for crypto traders. The market volatility (change of the price in % through the time) help the traders to make deals in both sides: short and long.
📊In the same time hodlers have to wait for the an uptrend almost for 6-12 month, sometimes years as it was after 2013 and 2017 crypto crash.
🚩What is the signal we have to wait? The main techical "indicator" and the bullish signal will be the change of bear trend to bull trend. You have just wait for the Higher Highs (HH) and Higher low (HL) series.
📊Bitcoin in 4 out of 5 cases made the consolidation atthe lows. During the consolidations the crypto investors get tired and sell their crypto beause of fear to lost all their moneys.
Of course, the whales can collect liquidity below the local lows at $17640 and price can fall to $15500-17000. Now the chace of this is almost 40-45%.
🚩What else can help you to identify reverse of the trend? The huge volume of the long traders liquidation. Mostly, because of such leveraged traders and hodlers the price fell so low by 70-80% from it`s ATH. This is a specific feature of crypto. If you see the local manipulation with target to make the collection of liquidity (false breakouts) always pay attention to volumes. If the volume bars growth it`s a best signal at the BTC bottom especially at higher timeframes.
🏁What you can add to this BTC chart? Have any idea when the trend will change (not about inflation and Fed rate pls)? Write your thoughts in the comment.
💻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 the bulls already stronger than the bears?It seems like whales accumulate enough ADA to make at least a local rebound to the closest value. But what is the evidence that the bulls are already stronger?
Look at the false breakout of the support area of $0.46-0.47 and how the volume growth. It means that bears tried to trap the long traders but the price just make local pullback and return to this area. It shows us the strength of bulls even if it local case.
Now we can expect the local squeeze under the trendline and it`s breakout.
The value areas and targets for ADA:
🔶 $0.48-0.52 - the target and resistance area for Cardano
🔶 $0.55-0.57
🔶 $0.62-0.64
As you can see, that the cardano not pumping as many other altcoins, so it have bigger potential to pump soon.
💻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 #gala resistance breakout?GALA has been testing the 4h resistance level around $ 0.055
if we see a good breakout from the one, with good volume , and a good retest, we can set a long order with $ 0.058 as the target (following 4h fibonacci resistance) and something around $ 0.054 as the stop loss, which is the level of the resistance the price is currently testing , which could turn into new support in a breakout scenario
let me know what you think about this idea and if you are planning to enter on this trade + like and follow for more ideas
Up or down, this is the issue !!! (GALAUSDT)Hello friends, your day is profitable
If the downtrend line is broken upwards, the possibility of a price increase to the blue range ($ 0.06386) is not far from the mind.
Do you think the trend is changing and going up, or is the downtrend continuing and the price range of $ 0.04996 will be lost?
GALA - Crypto Steam isn't attractive for public?🧐Reasons to take short:
⭐️ BTC bearish
⭐️ Level is 20 days long
⭐️ Price close to historical lows
⭐️ Pullbacks are getting smaller
⭐️ Price is squeezing to the level
⭐️ 4th touch
⭐️ 40 ATR
⭐️ Under VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
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
📊Why the dominance is falling? BTC and ALTs future.Hi, friends! You probably noticed that altcoins don't follow Bitcoin like they used to, and sometimes even grow during its fall. Why does this happen and what to expect from crypto with such dominance? I explained it in detail in this idea.
Dominance is an index that shows what % of the total cryptocurrency capitalization Bitcoin have. The more dominance Bitcoin has, the worse altcoins feel.
When dominance falls, especially at market highs, the altseason begins. At that point, money flows from Bitcoin to altcoins.
Typically, when Bitcoin falls >50%, Bitcoin's dominance should rise because retail investors are often afraid to invest and sell all their crypto. But that's not the case this time.
Retailers are actively buying cryptocurrency along with whales. I see from on-chain data that the number of holders with wallets over 10,000 BTC is growing, but so is the number of wallets with less than 1 Bitcoin.
This atypical behavior of retail investors confuses the whales. Full-fledged crypto market is about 11 years old (very young market). It is interesting to watch how it grow and change its patterns and cycles, just like a person.
I was expecting a dominance of about 50%, but so far we've hit highs of about 48.5% (it was very close), after which the dominance has dropped. Like I said, it's atypical at market bottoms and shows that cycles change.
We should expect the growing of dominance when BTC reach tje bottom and starts to grow by 50-60%. After this the dominance can return to 50%. All money starts to flow into BTC and alts will not the pump till BTC not reach the ATH.
As the market behavior changes, so do the new opportunities, which I will talk about further in the ideas.
💻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.
🚀Elon`s dogo DUMP again! Where is the enrty point to long?Notes a significant increase in activity on the DOGE and SHIB networks. Something uncommon is coming for this 2 dogo but let`s analyse not only the fundamentals but the technical.
I mentioned the possible scenario for Doge with the breakout of the trendline but alt made the pump before it. Only after this Dogecoin starts to follow the scenario.
Now we see that the volume decrease with each pumps what shows us the divergence on the volumes and lack of sellers at the end. Finally, the price break the trendline and retest it as resitance.
I expect the continuation of the fall after the some pullback. If the price reach the value area of $0.055-0.058 it will be the huge support for the price.
📊After this we need to look for:
🔶 volume growth on the liquidation of the retail traders who bought at the highs
🔶 squeeze to the trendline
Additionally, it will be good to see the local trap of short traders at the bottom. They will become the fuel fot the growth and price will pump higher.
📊The potential targets:
🔶 the key level of $0,72
🔶 the value area of $0,08-0,084
✅Traders, if you have a question about how to trade the trendline breakout or other trading tips write down in the comment or to DM!
💻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.
📈Should you buy SAND after such PUMP? Only after THIS!The SAND starts to PUMP after the good news about the project making +82%. I will explain to you next entry point which can give you at least +37%.
I marked ont the chart the growing volumes and sellers activity. At SAND peaks someone sold a lot of tockens and the columes confrimed it.
Now we have to see the liquidations volume to open a long trades. But why? This guys who bought at the top will be the fule for potential sall and when they will sell theit tockens it will be our time.
1. Draw the trendline and identify the squeeze.
2. Look for the huge liquidations at the volume. If you see the big volume after dump it will be additionall confirmation to you that retail traders will have been traped.
3. BTC should also rose with the alts. It will add additional strength to SAND.
Of course, if we return to the $0,81-0,88 value area a lot of traders with laverage will be liquidated and it`s a huge support area for the price. It means that price can easily bounce from this area.
The target for this movement is $1.29-1.34 value area (+34%).
If you still have a question write it down!
💻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.
📈APE: the highly possible scenario!APE is looking stonger than 99% of other alts. This NFT tocken grow by 74% since the dump. It`s a good result. Also we don`t see the volume growth, which can tell us that the big player are not going to sell and price don`t make deep pullback if BTC will not continue the huge fall.
But some local pullbacks for acumulation liquidity by big players is highly possible in current market conditions.
Now the price return to the big value area of $4.14-4.82 which is support. The big player can push the price lower to collect more liquidity.
The volume should grow! Why? Because the growing volume shows us the preesence of big buyer or seller, If we will see the growing volume at the bottom this shows us the pressence of big buyer and his willingness to push the price higher.
The next big support is value area of $3.32-3.73 but the price can reach this support only if BTC fall to 17-18k again.
After the squeeze to the trendline and breakout price can reach the new highs. The closest targets are the key level of $5.58 and $6-6.38 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.
📈SHIB: what causing the dump and where to open a long?SHIB is enter the liquidity gap again and clsest support is the value are under it. Will the SHIB fall fo another 17%? Let me explain the current situation and give you the best enrty point.
Why the price of SHIB fall? First of all, we see the volume growth after the last pump. That means the big players have huge sell out to retail traders who close their shorts at break even. When the price return there for the second time another traders who accumulate Shiba close their longs at break even also. That is why the price make a false breakout of the key level of $0.00012. This 2 things push the price down.
Addirionally, BTC make the same things and test the $20k today.
Where to open a long? We have to see such preconditions as it was before dump:
1. volume growth - the pressence of buyer. The growing volume shows us that big player is buying SHIB.
2. squeeze to the trendline after the dump.
3. BTC should show the strength and push the price of ALTs higher.
Also, it will be good to see some local manipulation and short traders trap such as false breakout of local lows etc.
💻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: +50% after the last prediction! What is next?AXS made +50% in a 6 days. Congrats to traders who follow the scenario from previous idea about this alt!
📊After reaching and breakout the first target price return below the key level and start to squeeze there. Now we have expect the breakout of the trendline and if BTC start to grow the price easilly reach our second target. It`s the value area of $19.5-22.4.
The value area will become the huge resistance for 1-2 weeks when the price reach the target. A lot of traders who bought AXS in this area will sell the tockens at the break even and price will make some pullbacks.
✅As i mention in previous idea Bloomberg said that the AXIE almost the SCAM and don`t pay for the players. It was bullish signal because a lot of AXIE hodlers sold their tokens to someone who more patient (big players) on this news. And after this the price made +50% after the breakout which is also mentioned in previous idea.
It`s not something difficult, you just need to understand the traders psychology to be more succesfull. Everyone can get it with the experience.
🏁Also check the links below to get more info about crypto trading for the beginner and advanced traders.
💻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.