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GMT

🚀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.
by Yuriy_Bishko
1
$GMT/USDT 3h (#BinanceFutures) Descending trendline break retestGreen Metaverse Token is pulling back to 50MA support where we expect a bounce then a short-term recovery! Current Price= 1.0873 Buy Entry= 1.0837 - 0.9723 Take Profit= 1.3545 | 1.6167 | 1.8789 Stop Loss= 0.7658 Risk/Reward= 1:1.25 | 1:2.25 | 1:3.25 Expected Profit= +31.76% | +57.26% | +82.77% Possible Loss= -25.50% Fib. Retracement= 0.382 | 0.5 | 0.618 Margin Leverage= 1x Estimated Gain-time= 2 weeks Tags: #GMT #GMTUSDT #STEPN #Web3 #NFT #Metaverse #M2E #Social #App #Gaming #GST #BSC #Solana Website: stepn.com Contracts: #BEP20 0x3019BF2a2eF8040C242C9a4c5c4BD4C81678b2A1 #SPL 7i5KKsX2weiTkry7jA4ZwSuXGhs5eJBEjY8vVxR4pfRx
Long
by TradingOn
2
😥🎢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.
CRYPTOCAP:BTC.D
by Yuriy_Bishko
10
🔥XRP: is a bull trap possible? Where to open a trade?Hi friends! Is a bull trap possible and where to open a trade? Which scenario should you follow? In this idea about Ripple i`ll try to answer the questions. 📈On the chart, I've marked the trend line to which the price is squeezing. After the false breakout there was no deep pullback, which is positive for the bulls. But what else should we pay attention to? The bulls accumulate long positions every time the price falls, as you can see in the volume indicator. 📊And here the main question! Do they become fuel for the price fall and sell off their XRP at a loss? As long as the market isn't in a trend, that's to be expected. Watch for a false breakout of the trend line and the volume indicator. Volumes growth will show that the bulls have accumulated a position on a trendline breakout, and on a false breakout they will sell out, which is a good opportunity for us to open a short. ✅Targets. I think that the price can reach at least $0.34-0.37 liquidity gap. 📊Also, a scenario with a squeeze under the trend line and a breakout is possible , but before that there should definitely be a bear trap with the same volume growth. ✅Targets: 0.42-0.43 - value zone, local highs 0.46-0.47 - liquidity gap, important price levels 💻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
2
✅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.
F
by Yuriy_Bishko
3
🔥TWT: wait for the next bull trap to open a trade!Volumes have not increased since the bull trap. This means that the bulls have not yet liquidated and the price can go lower. When the price falls to the trend line, the volume also did not increase, which shows the lack of interest from the buyer and additional bad signal. 📊Which scenario is more likely? A slight rise in price to the second value zone of $0.65-0.67 and a second bull trap, this time with increased volumes, which will show a large number of trades in this zone. This will give additional confirmation that the price is not going to move higher: short traders sell their TWT to long traders and the price goes down, while long traders become fuel for the fall, selling the altcoin lower and lower. 📊Targets: 1. $0.55 - key level. 2. $0.45 - key level below which a lot of liquidity for big players to open their long trades. This is the area of massive liquidation and retail traders capitulation zone. 💻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
🎂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
GMT in the local uptrend, SHORTHello everyone, let's take a look at the GMT to USDT chart over the 4 hour timeframe. As you can see, the price is moving above the local trendline. Let's start by identifying the stop loss we have in the near future: SL1 - $ 0.9975 SL2 - $ 0.9070 SL3 - $ 0.7979 Now let's move on to the goals we may consider: T1 - $ 0.9994 T2 - $ 1.0598 T3 - $ 1.1099 T4 - $ 1,7579 Looking at the CHOP indicator, we can see that in the 4H interval most of the energy was used, while the MACD indicator indicates a local upward trend.
Short
by cryptodailyuk
✅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
📈MATIC: will the bulls finally show their strength?Hi friends! In order to understand what will happen to the price of Polygon(MATIC) next, let's look at the history and where its fall stopped. This is the key level of the previous ATH of $0.54. The volume indicator shows that here long traders closed their trades to breakeven, and short traders, closed their trades in profit. That's why there was such a price rebound. 📊Now the price returned to the trend line, from which it had already bounced back several times. This is a good signal, it means that the bulls gain their power back. Pay attention to the volume indicator when the price rebounds to the trend line - the volumes should increase, which will indicate that the traders' willingness to buy and to move the price higher. ✅The closest target is the liquidity gap of $0.75-0.79. Also in this area are stop-losses of short traders and take-profits of long traders, which can lead to a false breakout and price fall, so watch out for this liquidity gap. When the scenario starts to be clear, I will make a new idea so you can open a trade in time. 💻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.
M
by Yuriy_Bishko
4