NewWave_Traders

This current dip on GALA will be the last best buying opportunity for it's current trend. Crypto is famous for running flat corrections that make higher highs and higher lows. In fact, it's the most popular type of correction in all bull markets. These types of corrections leave traders chasing after price as they are uninformed on how to take advantage of them. In this video, I share how to buy the dips on GALA starting with this one. I share two trade setups with two different strategies and clear step by step conditions that need to get met in order to execute this trade. Let me know in the comments if you agree or disagree with the upside I'm projecting. Do you think these trades will work out? Follow if you want to make 2024 your most transformational year in the crypto markets. I'll take you by the hand in these Tradingview updates. I've been trading in crypto full time for over 6 years since 2017 and I've thrived through every bull market, outperforming bitcoin's performance every time. This bull market will be the same. But.. It's going to take strategic navigation of shifting between crypto's and some diversification. I leverage expert research companies to feed me the next best projects coming out and then I overlay my technical system to the charts to time my entries, manage my risk, and maximize my profits. Join me in making 2024 another life changing year!

Welcome to NewWave Traders, If you enjoy the charts boost them and follow for more! I'll give you some goodies for the 2024 bull market and keep the analysis clear and simple. In ONDO I'm looking for a break to the upside and continuation of the bullish trend. We are at an inflection point and the invalidation for the bulls is if we retrace under 0.3325 Probability shifts to the bears at this point for the red ABC pattern to the bullish Order Block at 0.2885. This gives us a clean calculation to manage our risk for this overall trade. The target is .40 giving us a 1:6 risk vs reward ratio. Meaning if we risk losing $100 on this trade we can make $600 roughly. Said another way if we risk 1% of account size we can make roughly 6% on account size minus transaction fees. Follow for the next altcoin moves. I'll be following the DePIN, GAMING, AI and ETH L2 Narratives for this bull market and will provide all the alpha to make the best gains in this next cycle of crypto. There will be losses along the way. This is not financial advice and please manage your risk accordingly.

In comparison to previous bull cycles this rally from the depths of 15k on bitcoin sure has taken its sweet time. It's quite often the opposite when crypto is in a bull market. The last rally from 25k to 48k was a bit more of the personality we are use to. So is bitcoin geared to moon to new All time highs? It certainly continues to increase its probability to do so and it's about to come up on its next inflection point where it can shift its probability even further, or decrease it. In the short term I'm projecting a pullback to 48k to 47.5k. It's at this area depending on how we react that I'll look to project whether price moves down to 40k or a new ATH! That's a pretty pivotal inflection point we're coming up on... one that can give near certainty to a new ATH being created. If you want to stay tuned for when that confirmation comes then make sure to follow this channel and boost this trade idea. To your success, Schyler

I believe Celestia sweeping the ATH (all time highs) will result in a rejection from the famous expanded B pocket at 21.5 USD. This in the macro scale is very bullish type of pattern so the C wave would be seen as a good buying opportunity for the start of the 3rd macro wave, the most bullish wave of an impulse. Lots of money to be made in that wave, and the C wave pullback is the last buying opportunity for it. How do you plan on navigating this? Will you buy more on the pullback or do you not have any TIA? Let me know in the comments. -NewWave Traders

It's very likely we move to 48k. The question is where is the pivot that takes us there. Will it be from a running flat elliott wave pattern like we see in the green path OR.... Will it be with a complex WXY that visits our bullish OB (order block) first and then pivots around 41.8k to make its way up to 48k. In either case, the long to 48k looks appetizing.So Bitcoin went with a triangle. We were able to catch an insanely good entry on it with a 1:32 Risk vs reward ratio trade because of the invalidation of the triangle. Meaning if you risked losing just $100 on this trade you would have made $3,200 in profit minus fees. This trade took 2 days and 2 hrs to complete. Said another way, if you risked 1% of account size on the trade you would be up 32% on your entire account. Trades like this are easier to hit than you think by using a multi timeframe process and mastering our #1 strategy. Even then, because you are using smaller time frames to nail your entry and stop loss it requires the psychology to be wrong up to 3 times in a row before nailing the actual move. If you don't like taking losses and then taking a trade based on the same signals immediately after then this sniper process of using multiple time frames to get risk vs reward trade of 1:10 and as high as 1:32 then you wouldn't want to use the multi time frame process. I'd argue if you haven't mastered taking losses and being able to get over it quickly and execute immediately afterwards that trading is going to be very difficult for you. Learn to master a loss and stay level headed to take action immediately after when needed. Follow this channel for an upcoming educatinal series I'll be putting together.This was the trade we ended up taking in our group treating the consolidation as a triangle which had a very tight invalidation level if we were wrong which made for an incredible risk vs reward trade setup.