[Galaxy Digital]In the coming weeks, Galaxy Digital will suffer from the trend reversal in the crypto market and the decline in Bitcoin. Shortby Bitcoin_WeatherUpdated 4
GLXY.TO If the crypto industry doesn't die this does wellThe company is my favorite of the publicly listed crypto related stocks. It's cheap and well run. Made lots of acquisitions on distressed crypto assets over the past several months as crypto experienced negative events and drawdowns. Longby inanis_Updated 2
GLXY GALAXY DIGITAL HOLDINGS EW COUNTGLXY showing weak rally off the lows with BTC.D flexing its muscle and sucking the market cap out of alts to push higher. However, another alt pump may be approaching (or may have started). GLXY under $5.00 is good area to start accumulating (depending on your outlook on markets), under $4.00 is even better. Currently, favoring the count as wave (5) of ((3)) already ended and start of corrective ABC in progress with current pullback as a wave (ii) of the ABC. THIS can be wrong, and investors/traders should always take into considering the trade/markets can go against them. I do favor another leg higher before we retest the lows or even resume lower, with final target in that $12.00-$13.00 area (0.236 fib retracement, which should normally start at the beginning of wave 1, but with the small difference between the high and wave 2, I'd rather be modest and use a lower target approach as the wave 2 can also just be a wave B). Can compare previous 'lows' or local bottoms and see how GLXY moves at the lows. Can see the bear trap setup before pushing higher. I believe downside is limited here even if it breaks below current low (importance of DCA, risk management and stop loss).by CryptoHolixUpdated 8
zigzag (GLXY)Galaxy Digital Holdings Ltd. is a limited partner in Galaxy Digital LP, a merchant banking institution dedicated to the digital assets and blockchain technology sector. The firm operates across four business lines: asset management, trading, principle investments, and advisory services.Longby space_bear2
BEARISH MOMENTUMThis is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luckShortby wijitha0
Novo - the best vaccine for your portfolio The cost basis of the low power VLSI technician is highlighted in black. His mastery of concepts such as voltage, transistors, nanometers, electricity makes it no surprise he got in at the lows... we will sell abve cb, -80%, but something tells me that the goldman man will be happy buying back, options at 33, will mature way in the green, as another opportunity once did present itself, at favourable prices today... Longby space_monkeeUpdated 2
Glxy chartchart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the ma line can_be 🐂, & under will be bearish Short to midterm . ~~N0 arrows. ~~ N0T trading Advise either +dyorby NystockCryptoman20200
BRPHF Galaxy Digital - monthly RSI to 39Kind of disbelief with how great the company is but the monthly RSI needs to re-test lows of 39. I don't like how volume is not small on the correction - in deed the volume has remained high - not a good sign. Unlike RIOT I think this has a 3 x down to about 2 - 3$.. Wish you all wellShortby vayntraubinator0
Galaxy Digital Holding USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision. #debadipb #profitsolutionsby Sunstorminvest0
GLXY...continued consolidation or new bull underwayGLXY has been correcting/consolidating during the last year but is starting to show signs of a potential new bull leg. The upmove from 2020 to 2021 was impulsive in nature (white) and has been correcting/consolidating (purple) forming a slightly downward channel (blue). Price has recently broke above the 55wk EMA (yellow) and needs to stay above there and break the upper channel (low $40s) in order to confirm that a new leg has started, but the structure looks complete and ready. Small long positions with a stop below the 55wk EMA are worth exploring in the short term for a run to the low $40s. Longby PD_Capital1
GLXY...testing support. GLXY failed to make a new high last november and has been retracing since forming a wedge where it is currently testing its lower bound and also where the 55w EMA $22 sits. This levels need to close on a closing basis in order to think that GLXY still has a shot at breaking on the upside towards new highs. Stochastics signal oversold conditions and we are a couple of weeks away from posting a 9 on TD sequential, so there is potential that this could be the bottom. Patience is key on this one and watch for BTC as it currently sits at key levels accordingly. by PD_Capital1
Elliott Wave Analysis: Who Is Driving Bitcoin?Hello traders and investors! Today we want to show you who is potentially driving Bitcoin. Mike Novogratz's Crypto firm Galaxy Digital Holdings is just one of big investors who are responsible for the price of Bitcoin. As you can see, there's a nice positive correlation between GLXY and BTC and if we consider a big A-B-C correction from April highs, then wave C can be already in progress. We also have a nice bearish divergence, where BTC has reached new all time highs, while GLXY didn't, so if we consider that GLXY is trading in an A-B-C zig-zag correction, then BTC could be easily trading in an expanded flat correction. The main reason for more weakness in the upcoming days/weeks is current sharp decline back below channel support line that can send the price all the way back to July lows. Be humble and trade smart! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.Shortby ew-forecast7726
GLXY finally breaking out?After the recent consolidation/correction in a triangle, GLXY seems to fianally breaking to the topside and joining the recent BTC/Crypto rally on what could potentially be our awaited wave 5 discussed before. Longby PD_CapitalUpdated 111
Target 31-36-46 Cryptocurrency-focused Galaxy Digital Holdings Ltd. (GLXY) on Thursday announced that its affiliate, Galaxy Digital Asset Management, reported preliminary assets under management of $2,130.8 million as of August 31, 2021. Target 1 : 31 Target 2 : 36 Target 3 : 46 Longby BinuthiUpdated 3
Glxy chartchart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the red fibo Level can_be 🐂, & under will be bearish Short to midterm . ~~N0 arrows. ~~ N0T trading Advise either +dyor plsby NystockCryptoman20200
Glxy chartchart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the red fibo Level can_be 🐂, & under will be bearish Short to midterm . ~~N0 arrows. ~~ N0T trading Advise either +dyor plsby NystockCryptoman20200
$BRPHFGalaxy Digital Holdings Ltd., an asset management firm, operates in the digital asset, cryptocurrency, and blockchain technology industry. It operates in five business lines, which include trading, asset management, principal investments, investment banking, and mining. The company buys, sells, lends, and borrows cryptocurrencies and other digital assets, which include over-the-counter (OTC) liquidity provision, on-exchange market-making, OTC derivative trading, options, futures, borrowing and lending, proprietary quantitative, arbitrage, and macro trading strategies. It also manages third party capital across various traditional asset classes comprising macro hedge funds, long/short equity hedge funds, venture capital, and various structured credit and direct lending funds. In addition, the company offers advisory services, such as general corporate, strategic, mergers and acquisitions, divestitures, and restructuring advisory services, as well as equity, debt, and project finance capital markets services to public and private clients. Further, it manages various products and services related to bitcoin mining by sourcing clients, creating miner focused products, and identify new solutions; and provides trade and risk management solutions, and principal lending and equity investments, as well as advisory services for bitcoin miners. Additionally, the company manages a portfolio of private and public principal investments across digital asset, cryptocurrency, and blockchain technology sector, including early- and later-stage equity, secured lending, pre-initial coin offering contributions, and other structured alternative investments. Galaxy Digital Holdings Ltd. is headquartered in New York, New York. Investment Giant Invesco Prepares Products with Bitcoin Support Investment giant with more than $1.3 trillion in assets and one of the largest providers of exchange-traded funds in the United States, Invesco plans to launch its series of Bitcoin-backed products, The Wall Street Journal reports. On September 22, Atlanta Asset Management intends to announce a partnership with Galaxy Digital Holdings, a start-up digital asset business, to create U.S.-listed ETFs that hold and track the performance of Bitcoin and other cryptocurrencies while trading like stocks. If and when the Securities and Exchange Commission (SEC) authorizes trading in virtual currencies, Asset Management and Galaxy Digital plan to capitalize on investor interest in digital assets in the form of cryptocurrency ETFs. Bloomberg Intelligence commodity strategist Mike McGlone believes that the U.S. government could authorize the creation of a Bitcoin ETF by the end of October. In addition, he noted that Canada has built a competitive edge ahead of the U.S. by allowing Bitcoin ETFs in April. In this regard, McGloon noted that institutionalized crypto products in Canada are attracting money from the U.S., including from Ark Invest Cathie Wood. He is convinced that the American legislators will not settle for this for a long time.Longby BADQOMOCAWGOWLD0
Glxy chartchart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the red fibo Level can_be 🐂, & under will be bearish Short to midterm . ~~N0 arrows. ~~ N0T trading Advise either +dyor plsby NystockCryptoman20200
$GLXY HTF IBO Long#1 Main Watch $GLXY HTF IBO Long Monthly - Pullback/Low test Weekly - 50 ema Daily - MACD/Support/Strong break and retest/Fibs/Emas LTF - 4HR 50 ema support/1HR decel RR - 3 Additionally on Watch: Main - $COIN Secondary - $EXPI 19 stocks on development needed list Live Trades: $TLRY $MSTR $OEG $AMC $CATLongby JSiminoski0
Glxy chartnight chart-art shows POSSIBLE uptrend , green trend-line means bullish Short to midterm. Over the red fibo line canbe 🐂, & under will be bearish. ~~N0 Speculations arrow. And N0T trading Advise either, dyorby NystockCryptoman20200
GLXY Rebuy at 22?Even add at 20 if we get a chance. Nice sell today 24.40-24.50 at open Longby greenpasture9360
GLXY....is support in sight?GLXY has corrected to the 0.382 of what could have been Wave 3. Corrective Wave 4 could end around this area of $18.60, but given recent market action in crypto it is very likely that we still squeeze lower to the 0.236 fib level in the $12.00 region, and where the 50w ma also crosses, before a potential Wave 5 could start. All eyes on this area as there is not much support underneath if it does not hold. by PD_CapitalUpdated 0
Glxy chartnight chart-art shows POSSIBLE uptrend , green trend-line means bullish Short to midterm. by NystockCryptoman20200