The Gala rebounded nicely after the fall, but after that it made long traders fuel for a 30-40% drop. Now traders in the crypto market are scared and do not understand what reade to open (long or short?). In this idea I will tell my thoughts about Gala, closest targets and preconditions for a possible long. What can be marked out on the chart? 1. the price...
Hi friends! As we all know the 👟GMT fall close to the $1 key level because of 2 main reasons: 1️⃣ a lot of game tockens were minted. Green Satoshi Token (GST) is a gaming token of Stepn APP: 🔶GST supply on May 21 was 3.58M. 🔶GST supply is 52.9M now . The supply increased by 1477%, which is a lot and led to a fall in the price of Stepn itself. 2️⃣ China start...
The volume indicator is so universal that it is used by most traders, no matter what their trading style. I will talk about the main methods of using this indicator in this idea. 📊What is the volume? A volume indicator is data from the exchange on how much cryptocurrency or shares were traded during a certain period of time. Volumes are displayed in the form of...
Ethereum break up pattern needs only one confirmation without it skip idea
Bitcoin - bulls got liquidated. For break up we need additional confirmation by volume
Hi friends! 📈The Bitcoin dominance is growing as we see on the chart. It always happening when BTC falls by 40-60% from it`s ATH. But why does it happen? Let's get to the bottom of this! Actually, Dominance shows us where the traders keep their money. If Bitcoin dominance fall that means money flows into ALTs. If Bitcoin dominance grow money from altcoins flow...
Hi Friends! Today I`ll show you the closest possible targets for Bitcoin and how the whales manipulations looks like. As you know, if you want to be succesfull in trading you can just copy the guys with really big money. Except the DOM and Footprint that i use to indentify the big limit buy-sell orders, i use techical analysis (TA) and look for manipulations on...
1Inch continues its consolidation along with Bitcoin and the entire crypto market. After the local growth, you can see the weakness in the price of this alcoin, which we can take advantage of. The key points on the chart: at the test of the key level of $0.97 and the local trend line volumes decrease (example on the volume indicator). This indicates the absence...
Avalanche (AVAX).Avalanche Trading Setup. The growth of volumes after a false breakdown indicates the buyer's presence! A large number of long traders closed their positions on their own or their stop losses were collected under the key level of $27.50. 📊When the price will be squeezed under the trend line - this will be the main signal to open the long. Also,...
What helps the traders to be successful? That's right, their trading strategies. A trading strategy is a trader's plan for deciding whether or not to open a trade. The purpose of the strategy is to help the trader to make more successful trades, to analyze the mistakes and successes. At a time of uncertainty, these rules help to keep calm and make the right...
Bitcoin, How to trade break out Wait for clear trap and power
Is it possible that Axie will return to its ATH? This game-fi project is returning its popularity and in this idea I will explain when to enter to the local long trade, what to pay attention to and outline the targets. ✅The first thing to do is to wait for a false breakdown of the key levels of $19.75 and $19.25. I have not marked them on the chart, but you can...
When to open a long on BNB? In this idea I will tell you 1 method that will help you do it even if you are the beginner. 📊On the chart we can mark: 1. the mirror level of $313.5. A mirror level is a price level that can be both support and resistance for the price. 2. value areas that would be targets: 🔶$354-363. 🔶$373-382. 🚩In order to open a long trade, we...
Hi friends! How can you identify the future price movements? For this purpose, technical analysis uses patterns: head and shoulders, triangles, wedges. Let's use the S&P 500 price movement pattern in the 2019 channel for Bitcoin in 2022. ✅If you are new to trading, it is important to learn how to identify the trend. A trend is the direction of price movement up...
Hi friends! In this idea I will share my point of view about the stock and the cryptocurrency market in 2022. Perhaps you have noticed how they are linked? Will 2022 be the year of the big fall or the price will renew ATH? Well, let's start one by one. 📊The stock market. As you can see from the chart, it has been rising for about 100 years now. The 2020...
Hi friends! After a huge liquidation of $2B in the cryptocurrency market, Bitcoin is showing signs of strength, which is positive for opening long trades. Read about 5 confirmations of Bitcoin's strength. The positive signs: 🔶Bull trap - liquidation of long traders for $500M. Usually, this is additional confirmation that a big player is accumulating positions...
Hi friends! Pump Tracker is the new daily indicator which help to identify additional entry point for Bitcoin. 📊 Why do you need to use indicators? The indicator helps to make only data-driven decisions. No emotinal, technical or fundamental decision. If 'Blue area'🔵 apears you can open a LONG trade. 🚩For the last 1.5 year stats shows us 8.2 profit factor!...
Bitcoin is close to trend line break-up pattern. TP & SL fo entry