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@GalaxyTrading
In investing what is comfortable is rarely profitable. 📊Crypto Traders and early investors📈
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#BTC Spot Volume
This is an interesting chart.
Since the lows of May 2nd, Bitcoin has been making higher lows, but spot volume has been making lower lows.
What does this mean?
Well, we all know that if spot volume is making lower lows, it means people are selling more and more each time. But why isn't the price making lower highs, and is instead making higher lows?
The answer is simple: big players are buying all the amounts that have been sold by weak hands and are trying to front-run the limit orders down.
I think this is one of the most bullish indicators right now, showing us that big money is buying and front-running "your friend who always waits for lower and lower prices."
The price has been squeezed over the last 90 days, and I believe that once the big players have bought the amount they want, the price will explode.💥
Follow us on twitter: @GalaxyTrading_
This is an interesting chart.
Since the lows of May 2nd, Bitcoin has been making higher lows, but spot volume has been making lower lows.
What does this mean?
Well, we all know that if spot volume is making lower lows, it means people are selling more and more each time. But why isn't the price making lower highs, and is instead making higher lows?
The answer is simple: big players are buying all the amounts that have been sold by weak hands and are trying to front-run the limit orders down.
I think this is one of the most bullish indicators right now, showing us that big money is buying and front-running "your friend who always waits for lower and lower prices."
The price has been squeezed over the last 90 days, and I believe that once the big players have bought the amount they want, the price will explode.💥
Follow us on twitter: @GalaxyTrading_
#ETH
Here is another story.
An absolutely brutal monthly candle – a bullish engulfing and closing above the important monthly resistance of $3650.
I expect ETH to run hard in the next 2 months, which often leads the alt season.
Get ready 🚀
Here is another story.
An absolutely brutal monthly candle – a bullish engulfing and closing above the important monthly resistance of $3650.
I expect ETH to run hard in the next 2 months, which often leads the alt season.
Get ready 🚀
#BTC 🚀
Monthly Update
Welcome to JUNE! 🎉
We closed above 2 out of 3 highs from 2021, which is very bullish. While closing above 69k would be extremely bullish, unfortunately, we couldn't.
So, what's next? 🤔
As long as we hold 65k — the most important bull/bear level — we remain bullish, and a new ATH is loading. 📈
Many New Setups are coming 🏆😎
Monthly Update
Welcome to JUNE! 🎉
We closed above 2 out of 3 highs from 2021, which is very bullish. While closing above 69k would be extremely bullish, unfortunately, we couldn't.
So, what's next? 🤔
As long as we hold 65k — the most important bull/bear level — we remain bullish, and a new ATH is loading. 📈
Many New Setups are coming 🏆😎
📊 #BTC vs #GOLD
We are currently here.
Even the re-test is so obvious for BTC. Once we break 75k, I think we'll fly hard; many people will get so greedy and bullish, LONGING everything. 📈
A cold shower red candle will come to liquidate for sure.📉
For now, focus on the breakout 💥
We are currently here.
Even the re-test is so obvious for BTC. Once we break 75k, I think we'll fly hard; many people will get so greedy and bullish, LONGING everything. 📈
A cold shower red candle will come to liquidate for sure.📉
For now, focus on the breakout 💥
#TOTAL 3 vs $BTC Analysis 📊
After 11 months of consolidation, there's no clear winner between $alts and BTC. Non is outperforming heavily.
I anticipate a significant breakout in either direction soon. Considering that the majority of Altcoin/BTC pairs are at or near new bottoms/double bottoms, I'm inclined to believe that we'll see an upside breakout, indicating that Alts will outperform #BTC in the near future. 📈
This scenario becomes more plausible if #Bitcoin maintains a healthy range (re-accumulation) throughout the summer, while some altcoins begin to demonstrate strength.
Stay tuned for further instructions once the breakout occurs. 🚀
After 11 months of consolidation, there's no clear winner between $alts and BTC. Non is outperforming heavily.
I anticipate a significant breakout in either direction soon. Considering that the majority of Altcoin/BTC pairs are at or near new bottoms/double bottoms, I'm inclined to believe that we'll see an upside breakout, indicating that Alts will outperform #BTC in the near future. 📈
This scenario becomes more plausible if #Bitcoin maintains a healthy range (re-accumulation) throughout the summer, while some altcoins begin to demonstrate strength.
Stay tuned for further instructions once the breakout occurs. 🚀
#SPX #StockMarket #Stocks
Maintaining the 5000 daily level is critical 🚨
I anticipate an upward trend starting next week unless there are significant geopolitical developments like WW3.
Be sure to follow us on Twitter: GalaxyTrading_
Maintaining the 5000 daily level is critical 🚨
I anticipate an upward trend starting next week unless there are significant geopolitical developments like WW3.
Be sure to follow us on Twitter: GalaxyTrading_
#BTC #Bitcoin
The first 3-day close below the 65k support level. After 40 days above 65k, we’ve witnessed this close, and day by day, it seems we’ll remain within this range for a while longer. 🚥
This could present a great opportunity for re-accumulation before our journey to 100k, but I still believe the bottom of the range is being formed. 📊
My estimate is that the 56-58k range is where we should reverse 📈
The first 3-day close below the 65k support level. After 40 days above 65k, we’ve witnessed this close, and day by day, it seems we’ll remain within this range for a while longer. 🚥
This could present a great opportunity for re-accumulation before our journey to 100k, but I still believe the bottom of the range is being formed. 📊
My estimate is that the 56-58k range is where we should reverse 📈
#BTC #Bitcoin
This post was shared Yesterday in our Telegram channel: GalaxyTrading and so far it’s going exactly as predicted and we still keep our Shorts open 📉
“Gun to my head, this is what I see as the most obvious move. 🤔”
This post was shared Yesterday in our Telegram channel: GalaxyTrading and so far it’s going exactly as predicted and we still keep our Shorts open 📉
“Gun to my head, this is what I see as the most obvious move. 🤔”
$INJ
MACRO POV
INJ is a type of coin that moves very sharply and, in a few days/weeks, yields huge returns.
As you can see, we had two similar accumulations:
1. In 2022/2023, which lasted 240 days, and after a breakout, it generated 680% profits.
2. In 2023, lasting around 190 days, it again provided us with around 680% gains.
NOW we are in the 3rd period of re-accumulation, I believe. I anticipate that in MAY, we will break out of this box, and IF #INJ again gives us 680% profits, the price would be around 200-230$.
This is not a signal or anything; it’s purely insight. We personally accumulate INJ as much as possible at these levels, NO stop loss, just buying and holding.
More Updates in twitter “GalaxyTrading_”
MACRO POV
INJ is a type of coin that moves very sharply and, in a few days/weeks, yields huge returns.
As you can see, we had two similar accumulations:
1. In 2022/2023, which lasted 240 days, and after a breakout, it generated 680% profits.
2. In 2023, lasting around 190 days, it again provided us with around 680% gains.
NOW we are in the 3rd period of re-accumulation, I believe. I anticipate that in MAY, we will break out of this box, and IF #INJ again gives us 680% profits, the price would be around 200-230$.
This is not a signal or anything; it’s purely insight. We personally accumulate INJ as much as possible at these levels, NO stop loss, just buying and holding.
More Updates in twitter “GalaxyTrading_”
TOTAL 3 #altcoin Market Cap
Guys, we have a clear invalidation point for altcoin markets: the 640B level serves as the Bull/Bear threshold. 🐂🐻
As evidenced in 2022, once we cleared that level, we experienced a huge sell-off.
As long as we hold this level, we are in a pre-pump moment. 🚀
More Updates in twitter “GalaxyTrading_”
Guys, we have a clear invalidation point for altcoin markets: the 640B level serves as the Bull/Bear threshold. 🐂🐻
As evidenced in 2022, once we cleared that level, we experienced a huge sell-off.
As long as we hold this level, we are in a pre-pump moment. 🚀
More Updates in twitter “GalaxyTrading_”
$INJ / $BTC
Looking at #INJ here, I think the maximum opportunity is approaching for this coin. 💻
We could see another maximum 10% drop, but that would likely be the end in my opinion.📊
I haven’t seen such an extensive downward movement of RSI on the Weekly TF🤯
Also, we are about to hit the golden zone 0.618 Fibonacci of the entire move from bottom to top, which is super bullish. In my opinion, this coin will reach three digits before summer. Let’s see. 🚀
Looking at #INJ here, I think the maximum opportunity is approaching for this coin. 💻
We could see another maximum 10% drop, but that would likely be the end in my opinion.📊
I haven’t seen such an extensive downward movement of RSI on the Weekly TF🤯
Also, we are about to hit the golden zone 0.618 Fibonacci of the entire move from bottom to top, which is super bullish. In my opinion, this coin will reach three digits before summer. Let’s see. 🚀
