📊 GMT is going down! Don`t get in trap.Hi friends! All alts make a huge pullback after BTC dump yesterday. It`s a good chance for traders to enter the best trade in a 3-4 weeks with 30-40$ potential.
📊 Here is a preconditions to open long:
🔥 liquidity collection (trap) for the long and short traders. When the price break the $0.7628, long traders will get sl actived and short traders will get sell limit activated and when the price go up, short traders become a fuel for the growth
🔥 volume growth that confirms
🔥 DOM and Footprint show the HUGE orders to buy and support by the whales. Here i can set short sl with the best RR
🔥 bullish BTC help GMT to reach it`s target
🚩 All alts follow the BTC, so bullish BTC is what probably all altcoiners and traders wait for.
📊The targets:
1. $1.125 - the key level
2. $1.32-1.44 - the 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.
GMT
Let's see if the whales will support Ethereum price🔥DOM and Footprint are the tools which i use to identify the BIG orders from which the price can bounce. I marked 2 vallue areas on the chart which can become the support for the price and the whales orders expected:
1. $1700-1800 - now the ETH inside this value area. If whales orders apear i`ll open trade with the short sl
2. $1450-1570 - closest and the last support before the local lows at $930.
The previous scenario is still relevant but pay your attenion to stock market indexes. If they will start to fall, the crypto will follow them too. In this case $1450-1570 value area can become the strong support.
📊 Preconditions to open a longs from the support areas:
🔥 BIG whales orders at DOM and Footprint
🔥 the volume growth which confirm the whales purchases
🔥 squeeze to the trendline what mean the upcoming breakout of this trendline
🔥 bullish BTC help ETH to reach all the targets
📊 The targets:
1. $2000 - the key level which become the huge resistance
2. $2350-2500 - the closest value area
3. $3000 - the important key level
🚩What do you think about this target for ETH? Is it possible to ETH reach all this targets in 1-4 weeks?
💻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 in ABC correction upside - C is comingGMT in ABC correction upside - C is coming
Triangle (ABCDE) in wave B has formed and GMT has potential to go in Impulse in C wave (in 1-5 the same as impulse in wave A)
Invalidation point is breakdown below wave C in ABCDE of B (marked on chart)
No idea what StepN is about to offer to come up with all negative comments around the project and constant rules changes of this move-to-earn game.
Probably they will use 122mln profits from the first 6 month of the game performance to pump GMT, because soon developers token coins unlock is coming and price should be higher as much as possible.
🔥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.
What is liquidity gap? Why there is always pump?🚀 When the bull market start with a good news? It`s always bad news at the beginning of the uptrend: in 2015, 2019, 2020. Always the same situation. And now we a here in 2022 and bad news at the bottom of the market. Push 🚀 if it looks similar to other cycles.
In this idea i explain you what is liquidity gap and global situation on BTC. You can identify it using the Volume Profile which is default tool at TradingView.
📊Liquidity gap is an area where the price not stay for the long time and don`t create any levels or order flows. So as you understand there are areas without any liquidity where the traders can set a sl or tp. We can compare it with empty space where is no life or it`s really rare thing.
The price break this areas so easy because there are no liquidity and the price:
🔥 have no support if it falls (as it was when BTC fall in a week from $29k to 17k few month ago)
🔥 have no resistance if it growth (as it was at any bull market when the price nreak the ATH and scyrocketing)
Now the price of BTC consolidating below such liquidity gap of $24500-29500 and going to break it up after some accumulation. As a rule, the liquidity gap breaking with a pumps because nothing stop them inside this gaps.
The top of this gap is a bottom of a huge consolidation channel $29500-69000, so the price can make a pullback after $29500 test. In final, price break this level and continue it`s growth to the previous ATH.
Thanks in large part to consolidation at the bottom, where the bulls were able to accumulate enough Bitcoins and are ready to sell them higher and higher. Consolidation is always good for the bulls especially for the biggest one 🐳
📊Why are these white circles marked? It's a bonus for my subscribers. Remember that before the very PUMP you will think everything will fall to zero, and many analysts on the trading view will say that the price has created a bear flag or a wedge etc. At that point, you may be disappointed and afraid to open a trade or sell all your crypto, but that will only be an emotion you should not succumb to. Only if your strategy says so. Keep these words in mind.
🔥 I will open a trade if I will see the large whales orders on DOM and Footprint. These are usually the most profitable trades with a short stop loss and excellent risk to reward.
💻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.
What is an altseason❓What altcoins to BUY❓Altseason is a time when you can increase your deposit by several times in just a couple of weeks. But how to identify why and when the altseason starts, what is domination and what altcoins to buy? We will talk about that in this educational idea.
📊 What is an altseason?
Altseason is a period in the cryptocurrency market when altcoins grow by 50-100% or more in a few weeks.
📊 When does the altseason start?
Typically, the altseason happens when Bitcoin:
🔥 is in consolidation, i.e. trades in the same price range for a long time or 1-1,5 month after it
🔥 renewed it`s ATH ($20k in 2017, $69k in 2021, etc.)
🔥 starts it`s correction close to ATH or when BTC has already reached its new all-time highs before bear market
🚩 In this example I have compared Bitcoin and Ethereum. Ethereum is the largest and most famous altcoin. If you want to understand what will happen with altcoins, look at Ethereum.
On the chart you can see the altseasons and how much more percent Ethereum is growing than Bitcoin:
1️⃣ BTC +32% vs ETH +136%
2️⃣ BTC +40% vs ETH +70%
3️⃣ BTC -15% vs ETH +170% for the same period
🚩 There are the altseasons.
📊 Why should you pay attention to Bitcoin and Ethereum?
99% of altcoins follow Bitcoin. When Bitcoin is in a bear market, all altcoins fall except the popular ones at the time. For example, like GMT in its day.
When Bitcoin is rising, all altcoins are rising. When Ethereum rises in pair with Bitcoin (ETH/BTC), all other altcoins rise. This is especially common when Bitcoin begins its first correction after reaching its all-time highs and a bear market begins.
📊 Why does an altseason happen?
The main reason for an altseason is the outflow of money from Bitcoin and its flow into altcoins.
The second reason is the desire to make as much money as possible. Especially this huge desire has retail traders and newcomers who have just come on the highs of the crypto market. They sell their Bitcoins and use the money to buy altcoins, which grow by 100% or more in a few weeks.
🚩 Of course, Bitcoin has a much larger capitalisation and cannot grow that fast, but altcoins with a capitalisation of up to 1 billion grow very quickly.
✅ As a consequence, Bitcoin's Domination falls. Dominance is a measure that shows the ratio of the worth of all Bitcoins to the total worth of the crypto market (the capitalisation of the entire crypto market). If Bitcoin Dominance is 40%, it means that 60% of the remaining money is in altcoins. A rise in Dominance to 50% means that Bitcoin has equalised in value to all other altcoins combined.
Many people think that Domination helps determine the altcoin season, but this index only shows the fact✅of the flow and predicting that money from Bitcoin will start flowing into altcoins at a certain point using Domination is quite difficult.
📊 What altcoins to buy before the alt season has started?
Friends, how to predict that AXS will grow by 130x or meme lord Elon Musk will start pamping exactly meme coins? It's almost like a lottery, that's why I recommend you to choose altcoins from different categories and buy them in equal parts: DeFi, Game-Fi, Exchange and wallet tokens etc.
Equal capital allocation will ensure that you don't miss out on any kind of altcoin growth. From practice, this is the most correct way. And what ways to buy altcoins do you know? Share in the comments.
🔥 Most likely, the next BIG altseason will start after Bitcoin renews its all-time highs. In the current market situation, that could happen within 6-12 months.
Traders, was this article about the altseason useful to you? Write your opinion 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.
GMT - Awesome coin for spot, very bullish📈🔥GMT is sexy because:
⭐️ Market is bullish
⭐️ Accumulation is 77 days
⭐️ We are in the end of formation
⭐️ We trapped a lot of bears
⭐️ Had false breakout
⭐️ Formed local level
⭐️ Over VWAP
I already bought this coin on spot and expecting nice profit from it. Also, I will try to enter with small stoploss on futures when we will be near the trendline.
Remember to fix profit by parts!
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 😊
Ascending Triangle pattern on GMT/USDTHello guys, Today i saw a bullish Ascending triangle on STEPN and i thought it will be a good long setup.
first position is when the price hits trend line and goes to resistance area , open your long position between 0.9400 and 0.9600(you can open short position now from 0.9787 to trend line).
wait until the price hitting the Resistance area and close your position safely.
second position is after break out , open your short position at 1.0000 and close it after hitting the Support zone.
it's just an idea , always do your research and analysis.
don't forget to follow and boost this idea :) thank you.
The previous targets reached so far🚀 Check the new one!Hi friends! Fantom is continue it`s growing. As many other alts, it will copy BTC and will grow till BTC grow. As a traders we have to identify the best entry point to get highest RR and make a profit. Let`s try to identify the best one!
📊 The value area of $0.33-0,37 become the huge support. If the price make a pullback and volume will grow it confirm us the big player presence. As you know i use DOM and Footprint to identify the whales orders to open a trade with the short sl and best rr. So if big player apear at the pullback we open this trade.
🚩 If you don`t use that indicators you need to wait the squeeze to the trendline and try to open long at the breakout.
Of course, the price can don`t make a pullback and skyrocketing but it`s better to open only the best trades and trades withou clear setup especially if you are beginner.
Check this idea to get more experience in trading and understand the preconditions to open a long trade!
What is not so good as it seems? The volume growth at the highs of price. It seems like whales sales their crypto to retails. So if at the pullback i will see support by the big players it will be confirmation of upcoming pumps. Don`t miss it!
📊 The targets:
🔥 $0.52 - key level and even number
🔥 $0.67-0.81 - the closest value area ans resistance for the price
🚩 Friends, do you want to know how to use such indicators as DOM and Footpint? Check the links below the idea and learn 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.
+108% for SHIB in 2 weeks. Is this even possible❓SHIB is continue to consolidate below the $0.01297 key level. As you see, the SHIB doesn` t make the pullbacks even after the false breakouts which shows us the strength of buyer.
Actually, SHIB almost copy these movements from the last idea🚀
📊 Preconditions to open a long:
🔥the buyers buy the dip
🔥no pullback after thte false breakout
🔥squeeze to the key level
🔥bullish BTC and SnP500. They help SHIB to reach the targets much faster
🚩 The supports and big limits on DOM and Footprint are the main preconditions to open a long. Using these indicators we can set the shortest stop loss✅and get highest RR.
📊 The targets:
1️⃣ $0.01837 - the key level, local resistance
2️⃣ $0.02290-0.027 - the value area, the huge resistance if Elon will not begin to PUMP Doge again and it will make +20-30% in a day.
🚩 The second possible scenario is a pullback after breakout of the key level. It will be nice to see the volume growth on this pullback which help us to identify the big player purchases zone on Footprint and open another long when the pump continue.
✅ What is your target on this DOGO? Share your target in 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.
GMT Scalp - Long Trendline breakoutReasons to take long:
⭐️ BTC bullish
⭐️ Squeezing to the trendline
⭐️ Trendline is 3d old
⭐️ Trendline is clearly seen on daily timeframe
⭐️ 40 ATR
⭐️ Squeezing VWAP
Will enter when price squeezes to the trendline 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
One more chance to buy GMT🚩cheaperGMT is going to test the bottom trendline for the 4th time which is not good for long traders because support become weaker with each test. So the break down is really possible but what is good in current situation?
📊 I think that after the break down the GMT return above the trendline so fast because:
1️⃣ the crypto is to close to market bottom and a lot of retail traders already sell thair crypto and proce can`t fall lwer if no one sold cheaper and cheaper.
2️⃣ the whales will have enough liquidity to collect if price break the trendline down and collect the sl. The whales buy enough GMT to their longs and will be ready to sell their crypto higher and higher.
📊 Preconditions to open a long:
🔥 false breakout (return the price above the trendline)
🔥 volume growth - confirms the whales purchase
🔥 bullish BTC help reach the targets for GMT much faster
🚩After this the price can squeeze to the local trendline and we can open our longs✅on it`s breakout or during the test of the trendline as support. In any case i will show you it in the next ideas.
The targets:
1️⃣ $1.16 - key level, local highs
2️⃣ $1.35-1.44 - value area, strong resistance
🚩 Friends, what is your scenario for this altcoin and BTC? Write 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.
GMTUSDT |Evening review| march to local resistanceHello everyone, I wrote a new idea for you. Thank you😉
From this coin, I expect that after the price of the protest again predicts the trend line, we can expect a trial pattern of resistance, followed by price fixing with consolidation.
In the $1.16 zone, I will use it both for purchases.
False breakout✅ on SOL! Where to open a long?This pullback is additionall possibillity for traders to open the new longs on the alts. Follow this scenario with the false breakout to not miss the next trade on SOL. Let`s get into details!
Solana reach my first target and almost touch $50 (the second target). SOL would have easily reached all the targets If BTC didn't do a pullback and dump all the alts. Check this idea to understand the preconditions!
📊Preconditions to open a long:
🔥false breakout of the trendlines or the possible test the $34-35 value area as a support
🔥volume growth. You can compare this stuation to previous false breakout when the price make a trap of the long traders and pump for 46% after this. Bow we have to expect the same
🔥bullish BTC help reach the targets for SOL
The targets are the closest value areas:
1️⃣ $41-42
2️⃣ $51-55
💻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.