GALA slowly crawling up after bounce off support areaCOINBASE:GALAUSD
GALAUSD is slowly moving up after a bounce of the support area (based on ICT bullish order block) and Fibonacci retracement.
There was a company event on Dec. 6th, a vox drop with NFTs being sold in Gala Token that seems to have helped the price recovery.
Total Crypto Market Cap along with BTC are looking like they are back in the bullish mood, also hopefully we will have good news that the Omicron variant is not as severe as the Delta. That could put risk-on assets back into positive momentum. The USD is still very strong but seems to be in a sideways consolidation from Nov 30ths FED speech.
Gala
GALAUSDT : Can the double bottom completed ? In GALAUSDT 4h
It could not break out the downtrend from the 0.84128.
There is a potential double bottom under the downtrend .
If the price break out and stand firm ,trading strategy as below.
SL: 0.42496
TP1: 0.58023
TP2: 0.63761
TP3: 0.66081
TP4: 0.71059
TP5: 0.79117
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GALA/USDTHello everyone, if you like This idea, do not forget to support Me with a like and follow Me To receive all that is new
Note:I know very well that this analysis is completely different from my analyzes of this currency, but I see the price is very committed to the geometric pattern and I think it will down until the price exits this pattern
What do you think about Gala Future ?
It would be a pleasure to share your opinion with me
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
Galausdt may retest the support zone and bounceGalausdt may retest the support zone and bounce back again to move further.
Thanks and happy trading.
GALAUSDT// update Gala going up to the first target @ 0.84092
Buy at confirmation line or above ema50 ( yellow line)
🔥 GALA Bull Flag: Strong Reversal LikelyWith the huge drop last Friday, GALA has made a strong support around the $0.41 area. With today's drop not even coming close, there's a decent chance that this was the bottom for GALA and the price will follow this bull-flag pattern in the near future.
Expect some volatility around the supports and resistances of this pattern.
Since this is a bull-flag, a bullish break out later this month is most likely. However, this is very dependent on BTC's performance.
Happy trading!
GalaGala recently been very volatile pair, If any time it drop to my Zone then good possible buy move will occur, Other side if price break the high and come back for a test then another buy is possible for price to go to $10 Mark
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Note: If the price leaves this geometric pattern down, this cancels the pattern completely
((But if the price continues to rise after the area of 65, committed to the geometric pattern, this means opening a new bullish cycle, and then I will update the geometric pattern))
What do you think about Gala Future ?
It would be a pleasure to share your opinion with me
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
GALA bouncing off support again NFT drop tomorrowCOINBASE:GALAUSD
I know I'm sounding like a broken record on Gala, but it seems to be recovering from the crash and after this retrace is bouncing off support.
On Dec. 6th the company is having a vox drop that will use gala token to buy NFTS, so watch to see if this could cause the price to continue moving up.
Keep an eye on GALA!Here's a quick look at GALA 4 hr chart. As we can see, the price has printed a bigger symmetrical triangle and we could see a break to the upside soon. The price will probably revisit previous ATH when it breaks out. Definitely one to keep an eye on.
The best entry would be, when the price breaks above 0.58$ with good amount of volume .
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The idea is: Buy when the price breaks above 0.58$ and take profits at the levels shown in the chart.
Targets:
1. 0.615$
2. 0.66$
3. 0.75$
4. 0.84$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
GALA/USDTHello everyone, if you like This idea, do not forget to support Me with a like and follow Me To receive all that is new
What do you think about Gala Future ?
It would be a pleasure to share your opinion with me
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
Luna Pitchfork FormationJust an Idea of the reaction from yesterday's BTC dump. Looks like a pitchfork formation.
This is a trick to buy your little bitcoins.This is a trick to buy your little bitcoins.
This diagram is very simple and shows that no analysis is needed.
With the advent of Metavars and games on the blockchain domain. Public acceptance of them. Whales lagging behind in this market were used to reap small inventories in the hands of humans. Be careful and do not rush to the price floor, just be a buyer, please.
GALA PENDING LONGS 💰💰💰I just wanted to highlight for you the technical perspective on a HTF premise for GALA, price just made the retracement back into bullish orderblock and fullfilled the buy side imbalance, we should expect new highs to be formed right now.
What do you think ? Comment below..
GALA/USDT
Hello everyone, if you like This idea, do not forget to support Me with a like and follow Me To receive all that is new
Note: If the price leaves this geometric pattern down, this cancels the pattern completely
((But if the price continues to rise after the area of 65, committed to the geometric pattern, this means opening a new bullish cycle, and then I will update the geometric pattern))
What do you think about Gala Future ?
It would be a pleasure to share your opinion with me
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
GALAArezoo GALA in search goes beyond the intersection of its dynamic and static resistance. And after crossing this resistance range, and hitting a possible pullback, it is possible to start moving towards the extraordinary target.
GALA | Gaming Coin - Quite an Easy Trade!Hi,
Easy to set a stop loss, easy to set a profit target, easy to enter into it after short-term new higher high, so KISS (keep it simple stupid) and ride it, whatever it is a win or loss, the risk-reward ratio is quite good!
Regards,
Vaido
Gala played out nicelyI expected this dip to come as you can see in my previous idea post. I would’ve entered a long position in gala but I didn’t see a the big bounce off support that I wanted to see. So I’m just going to leave this.
BTC is also still dropping and currently below my support & I think it will bring the metaverse market down with it
What do I know tho I’m just an average trader lol
GalaUSDT - buy the dipI am buying and accumulating, by fractions, with the increasing number of coins every time price goes down by 5%
I tried to explain the structure on the charts, both Daily and H1.
Gala holla! Rode it up form .09, shorted from .82 with a few orders. But watching for some clues here. Got the looks of a double Zig Zag atm. Wouldnt mind one more leg down to hit some fibs and bounce off of some support/resistances. 2xZZ does not always mean correction is over btw.
GALA WILL BROKE DOWN TREND LINE DURING SHORT PERIODI think Gale broke down trend in 8 hour.
The gala is breaking records on records. He had a very good rise. But with Bitcoin and incoming profit sales, it entered a downtrend, but the 4-hour ema found support at 50.
GALAUSDT trade target achieved, next?GALAUSDT trade hit our 2X target. Now there is another 2X opportunity.
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GALA BREAKOUT SOON?If we will keep the support at around 0.58 I expect a big breakout !
My Idea only not a financial advice.
Love Yall :)
