Professor_TradeStein

Professor_TradeStein

its possible that gala is forming the right shoulder of a head and shoulders pattern with a target around 0.026. it would also be the 0.786 fib level from the low to previous high. with all the fear and inflation numbers and the rate hikes i think its very possible to play out. this pattern would be invalid in my personal opinion at 0.03625

Professor_TradeStein Updated 

good buy when it does a stophunt to the below and goes back up in seconds. short and long prices can us see on chart.

Professor_TradeStein

currently the price is forming a bearisch pattern with a target at around 22400 if it breaks down. most likely it will break down.

Professor_TradeStein Updated 

Gala just comirfed a short so is wil probable to the aupport zone (red lines) most likely it would bounce there. But take profit on time at the .618. Ita also possible its gonna shoot like a MF.

Professor_TradeStein

we are in a channel right now and we have 2 scenarios. the yellow one, and the red one. this (normally ) is bullish and will probably break out to the upside. the red one will be a liquidity grap (most likely) and the technical target will be around 25200

Professor_TradeStein Updated 

i hope the picture is enought to explain. can type today. (( -- NEVER FORGET STOPLOSS !!! -- )) ENTRY IS 23.272

Professor_TradeStein Updated 

without any volume it broke the pattern. if volume comes in, that thing can moon. if not.... i can crash good also.

Professor_TradeStein Updated 

since the last drop i assume it will go to at least 0.5 -0.618 . its there now and it still looks stong so i think ik wil cleam the high fro the drop so thats the reason for my long ernty right there and my TP just below the high from the drop. please give oppinions i would appreceate that :) thnks guys ! have a good day and be save!! >)

Professor_TradeStein Updated 

since ftm broke resisctanse ist a matter of time before it explodes. my FINAl targer would wel 1.08. but in between i will take some profits.

Professor_TradeStein

BNB came back to resistance + 618 fib from swing high and low. probably dubbel/tripple topping to reverse all the way back to at least 0.5 fib - 290 0.618fib - 277 or TP area 241 - 251... and beyond ...

Professor_TradeStein Updated 

it could pump from here, drop to POC or drop to VAH. its worth the risk. lost and lost of confluence . ENTRY SHORT >> 0.0550 stoploss >> 0.05888 TP1 1 > 0.04210 (poc) TP 2 > 0.0375 (val) TP 3 > 0.03355 (618 fib !!-- DONT FORGET YOUR STOPLOSS --!!

Professor_TradeStein Updated 

Entry >>> 23.5 Stop loss >>> 21.5 Take pofi down be stupit. Pay your self!! Take pfit >>>> 38!! Take AT LEAS5 50%.> 75% of total. Srry for my lostig alot i cant figure you how to remove or udjust them 🙈🙅‍♂️🤷‍♂️

Professor_TradeStein Updated 

i looks nog like just a ''very little'' bearisch divergence on the daily. or seeing it wrong ? would it be worth risk the short to above to around previous VAH ? could be still a bit early.

Professor_TradeStein Updated 

the same ideea i had for the past few days but got sstopped out because 1: i was to early . and 2: still not waited on enought conformation but anyway... that MF stoppe A LOT of shorts out a few times. so here im back witn another analyse, a bit diff as the past on nut this on, simple to understans. this is how im trading it at the moment. when that thing...

Professor_TradeStein Updated 

as we see since the ppumps in gala is has reached the POC on bigger timeframe. so mostly time to corrrect. i drew fib from where the volume came first time to the high and the 0.5 looks very intresting. 1 : the 2 touches where the 2 white arrows are pointing to 2 : that area is just a little below the VAL (volume area low 3 : also VAL from a bigger...

Professor_TradeStein Updated 

Well its having a pullback, expect te lowest to be 0.035 area and koming weekly candle again being a big green one. I will keep updating my view on GALA so follow to stay tuned on time :)

Professor_TradeStein Updated 

Its still in downtrend so this trade is worth the riks for shure!

Professor_TradeStein Updated 

Seems to be solana will correct a bit. This should be a short term good probability. Also, lookes like a (DIAMOND TOP PATTERN) MOSTYL A REVERSAL.