Possible Targets for Gala's ReversalHere is a Fractal Chart that could be a good indicator on what to expect if the bottom is in for GALA...
Gala
GALA has registered a 30% growth in the last 24 hoursGALA has registered a 30% growth in the last 24 hours. The price is in a long-term bearish channel on the daily time frame, which has recently generated a strong positive reaction and a strong increase in demand by hitting the $0.01600 support area. This strong return has caused the price to reach the ceiling of the descending channel. According to the type of encounter, there is a possibility of breaking this dynamic resistance and leaving the descending channel. GALA cryptocurrency is in the ranges that were first traded at these prices.
You can consider a downward trend line on the RSI indicator in the daily time frame. This trend line is broken and pullback to the range of 29-30 on the RSI; we can expect a strong positive reaction. The break that happened in the $0.020 range was fake, and a return to this range could bring a positive reaction. Strong support is considered in the daily time frame between $0.018 and $0.020, which pullback and return to this area can bring a strong positive reaction.
Also, in this time frame, we see an upward spike phase formation. If we observe a reaction to the channel ceiling in the lower time frame, there is a possibility of forming a double ceiling pattern and correcting towards the specified support. The closest support to the current price is considered in the range of $0.0220-0.0226, which could bring a positive reaction. The main static resistance is in the range of $0.0245 to $0.0255, which has seen a negative reaction to this level twice.
Gala To Retest $0.02 Cents 4 Hourly Time FrameReally nice pump out of Gala on the 4 Hourly. Fully blown and overbought on all oscillators and we have formed a nice peak. Remember it's all about the peaks and the troughs. If you're shorting wait for those troughs to play out. This wave is starting to loose momentum on the 4 hourly. Looking for us to retest around 2 cents for support or come down at least 5% from these levels. I'm a long term bull on Gala and will be accumulating more below 2 cents. Short term bearish on the 4 hourly. Much peace, love, health, and wealth!
GALAUSD Weekly S/R| Price Action| POC| Impulse Evening Traders,
Today’s analysis – GALAUSD- trading at a key resistance zone where a rejection is probable,
Points to consider,
- Price action impulsive
- POC S/R Resistance
- Climatic Node
- Daily S/R Support
GALAUSD’s immediate price action is testing a resistance zone that is in confluence with the POC and a Weekly S/R, allowing for a bearish bias.
The current volume node is climatic; this is evident of temporary top if bull volume does not persist.
The immediate objective is the lower order block support, price has technical merit to retest the region.
Price action is to be used upon discretion/ management when executing this trade, invalidation is multiple candle closes above the POC.
Hope this analysis helps,
Thank you for following my work
And remember,
“It is always the best discretion to let the market show us where it is going and just simply follow (this would be prudent), rather than predict where the market is going and place a position (this would be gambling).” -Anne-Marie Baiynd’
GALA SHORT.NICE PROFIT INCOMING. stochrsi oversold on daily, rsi high, volume v shape. all towards more lower highs and further bearish movement.
Another Gala?absolute classic, fall from the top along with the rest of the market, any of these that are down 90% are in a good spot to DCA if you're in at the highs. IF you scooped this >$1 than buying at .01 is a good option to dca.
gala coin next expected move gala coin currently trading on its all time low we are expecting see small pump in comming days
gooood range for buy is 0.16$ to 0.17$
follow me for more updates.
GALA IS REALY BEARISHI hope you are fine
Many people may not like this analysis, but what the chart shows me is this. We have a big a wave and a big b wave. I think we will move down to the green zone in the coming months along with the fluctuation.
Comment if you have any questions
Thank You
Short term rally in $GALA? $.037-$.048 target?A chance at 40%+-80%+ returns?
I know nothing about Gala, but the chart looks very bullish.
The chart looks like it's formed a large falling wedge which broke out and then formed an ascending triangle bottom. Upon a breakout of the triangle, I think $GALA rallies to at least $.037 but I think eventually it gets up to $.048.
Gala Hits New All-Time Low | Time To Recover!As you can see from the chart below, GALAUSDT hit a new All-Time Low just days ago and is preparing to reverse the trend.
22-Nov-2022 Gala hit its lowest price since September 2021, when this pair was made first available for trading on this exchange.
For those looking for trend-reversals, hitting new lows is always a great signal.
How to know if this is really a low and a bullish wave will take place or if prices will continue lower?
One way is to look at the RSI.
If you notice early November, you can see new lows being hit but the RSI being weak.
Right now GALAUSDT went even lower yet the RSI is now strong.
Another way to know if a bullish wave will follow a new low set is by looking at how the other pairs/assets/altcoins are behaving.
When you see pairs such as DOGE and LTC, ETH, REN, MATIC, FTM, etc. You have another signal that supports a change of trend.
If all these other pairs were looking bearish, this low might not be the end.
Since we have a strong RSI and many other altcoins already moving up, we can say that GALA too will recover... If not, we have a setup with very low risk and high potential rewards; which is what we are looking for anyway.
Namaste.
GALAUSDT Buy timeHello Traders!
Welcome Back to another episode with Analyst Aadil1000x.
Today we are going to buy from this bullish point
Gala buy now, its at 1.554
Target 1, 1.5973(+2.3%)
Final Target, 1.5973(+2.3%)
Stoploss 1.5249(-1.8%)
Don't forget to hit the like button and follow to stay connected
DCA into Gaming - GALA, SUPER or UOS? Gaming coins have taken a big hit this bear market. Now I feel that it's time to DCA into a couple of them. GALA need 30 X (!) to reach All Time High (nov 21). Excited to see what gaming coins can do next bull market. Here are my top 6 gaming coins 1. ) Matic 2.) PYR, 3.) UOS, 4.) GALA, 5.) SAND, 6.) SUPER.
GALA technical analysisPrice had filled the imbalance around $0.0246 and missed the 5h demand zone shortly before moving up again. I expect price to reach the discounted 2h supply zone around $0.0265 where we would be looking to short from.
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GALAUSDT - SETUPGALAUSDT's price is approaching the apex of the triangle. Bulls need to step in and take charge if they really want to consider this support a legitimate one. So watch out for further price action, If any price arises from this area we may see a good upside. Trade accordingly!
GALAUSD - BullishGala seems its ready to take off after a bearish wave that corrected to 61.8%.
Full Wave analysis provided
GALA is in the critical PositionAccording to the Chart Gala is in the bottom of the Triangle an it can goes in both direction. if the dynamic support line break out we can have a bearish move in Gala , and if the dynamic support line do his job and then break the dynamic resistance line we can have bullish move up to the ATH resistance level.
we should wait and see what will happen in the near future.
good luck, please like , comment and share to support us. Thank you
#GAL/USDT DAILY BREAKOUT AND RETEST TO PUMP 200% !Welcome to this quick GAL/USDT analysis.
I have tried to bring the best possible outcome in this chart.
Reason for trade:- GAL/USDT is a Breakout and retest complete buy the dip
SPOT CALL
Hold it for a long time to come, it can give good profit, as BTC will pump, all the calls will give you good profit and most important stop loss
Entry:- CMP and $1.95
Traget:- 200%
Stoploss:- $1.93
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
galausdt 224% profit potential breaking falling wedge in daily tf
incase of breakout expecting 200% to 230% profit
Galausdt longAmount :2000
Up: 0.20
Down : 0.02
Long
Leverage: 10X
Balance : 4000
Order difference : 1%
Order sell : 2%
Tp: 1000$
Fundamental very good
GALA/USDT - LONG ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ #GALA/USDT ⚡️⚡️
Client: My-ByBit USDT
Trade Type: Breakout (Long)
Leverage: Cross (3X)
Entry Targets:
1) 0.04149 - 100.0%
Take-Profit Targets:
1) 0.04275 - 20.0%
2) 0.04398 - 20.0%
3) 0.04611 - 20.0%
4) 0.04804 - 20.0%
5) 0.04942 - 20.0%
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (0.833%)
Stop: Breakeven -
Trigger: Target (1)
🔥🔻GALA DESTROYED? The hacker minted 56B of GALA coins❗🔥Hi friends! Bad news for GALA. According to some reports, unknown persons have minted ~55.6 billion pGALA synthetic tokens worth up to $2.2 billion through the PancakeSwap decentralized exchange (DEX).
✅ The hacker managed to sell only 12,977 BNB, which he bought for printed GALA. The total "profit" is $4-5 million.
📊 First of all I should say that GALA wasn't hacked because it based on ETH blockchain. The hackers attacked the pGALA coins which is used on the PancakeSwap.This information confirm the President of Blockchain of Gala Games.
✅Also GALA wasn't hacked due to the official Twitter account of GALA Games. I think they mean tockens on the exchanges that based on the ETH blockchain.
📊 SO WHY THE PRICE OF GALA DUMPED?
The coin price fall because of the panic and arbitrage of some market players. Huobi exchange decided to delist the coin because the arbitrageurs collapsed the price by almost -80-90%.
🚩 On Binance, the coin fell by -34%🔻, but the exchange blocked the withdrawal/deposit to avoid the manipulation with price.
📊 WILL GALA CONTINUE TO DUMP?
So as you all understand now, the price DUMP based not only on the hacker attack but because of the panic and arbitrageurs. I think that in a few days the price return to it's previous conditions.
I recommend to check my latest idea on GALA. The price already make +42-45% from our entry point. I hope my subscribers book the profit and close the part of position in the breakeven.
I think that we can left the same targets. The main task for now is to find the best entry point for long positions. Of course, look at the BITCOIN to choose the direction of altcoins movements. If BTC is bullish, all altcoins is bullish too.
🚩 FUN FACT. In addition to the fact that Bitcoin finally started its growth, October was a record month for the number of hacks. During the month, hackers stole almost $657.2 million in crypto. Now we can call October not only Uptober but Hacktober.
Traders, do you sell or buy GALA on this DUMP? What will happen to GALA in upcoming days? Write your thoughts in the comments.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
