#GALA\USDT#GALA
The price is moving in a descending channel on the 4-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.01900
Entry price 0.01960
First target 0.02100
Second target 0.02210
Third target 0.02379
Gala
#GALA (SPOT) entry range(,01780 -,02380) T.(,04450) SL(,01648)BINANCE:GALAUSDT
entry range (0.01780 - 0.02380)
Target1 (0.03200) - Target2 (0.04450)
2 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (0.01648)
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Gala/USD weekly 50-100 sma cross bullish signalThe 50-100 cross is currently occuring for gala on the weekly timeframe. This is very bullish for the token because of the timeframe. RSI is nuetral around 47. Cross occured during downtrend and that downtrend in now clearly broken. A weekly close above the rising support will confirm this. Target is between 1.618 and 1.382 of previous high swing low.
Not financial advice. Do your own DD.
Thanks for viewing the idea.
Alikze »» GALA | Wave 3 or C scenario - 8H🔍 Technical analysis: Wave 3 or 3 scenario in the ascending channel
- In the 8H frame, it is moving in an ascending channel.
- So far, a movement cycle AB=CD within the ascending channel has grown to the size of 0.78 fibo.
- After that, it had a corrective cycle up to the green box range, which has met with demand again.
- Currently, it is in the middle of the channel, which can continue its growth by breaking it up to the limit of the first supply area (the ceiling of the channel).
💎 After that, if it has a soft and zigzag correction, it can continue its growth with a bullback to the broken structure (minor ceiling) in the ascending channel until the second supply area as wide as the first channel.
⚠️Note: In addition, if the current price enters the corrective phase and touches the Invalidation LVL area, the bullish scenario is invalidated and must be reviewed and updated again.⚠️
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BINANCE:GALAUSDT
#GALA/USDT#GALA
The price has broken the descending channel on the 1-hour frame. To the upside and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it to the upside
We have a support area at the lower limit of the channel at a price of 0.01860
Entry price 0.01950
First target 0.02125
Second target 0.02323
Third target 0.02500
GALA intent to go UP is obvious now.GALA went up generously this past few hours -- conveying its intent to reverse to the upside based on the daily data.
This is huge. Daily data doesn't change mind often, so this is a good hint already.
Expect some more than average moves to the upside from the current levels.
Spotted at 0.030
TAYOR.
safeguard capital always.
GALA is bullish (1D)From where we placed the red arrow on the chart, it seems that the GALA pattern has started.
The pattern seems to be a diametric, now it looks like GALA is going to complete the E wave of this diametric.
It can go to the targets on the picture while maintaining the green range.
The targets are listed on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#GALA/USDT#GALA
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area at the lower line of the channel at 0.01660
We have a downtrend on the RSI indicator which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.01700
First target 0.01833
Second target 0.01964
Third target 0.02080
Breakout Alert: #GALA Ready for a Major Move After Breakout Yello, Paradisers! Is #GALA breakout from a descending channel a game-changer or just a trap? Let's dive into the latest analysis of #GALAUSDT:
💎#GaLa has just broken above the Descending Channel after months of consolidation between $0.0154-$0.0166. This breakout could be huge, as INDEX:GALA has been stuck in this range for 4-5 months, but now, we’re seeing a potential shift toward bullish momentum.
💎For the bullish rally to take off, #GALAUSDT needs to break above the internal resistance at $0.0244. If it clears that level, the next target will be the major resistance zone, which could spark a much stronger rally.
💎However, don’t celebrate just yet. If GALA loses steam, we might see a pullback to retest the breakout around the demand zone. Failure to hold here could send the price down toward the lower demand zone at $0.0131.
💎A breakdown below this lower support would flip the script entirely, and the bears would regain control, potentially driving #GALA even lower.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
GALA price is lurking to surprise us?)Those who hold #GALA can only wait for the "heavier" coins to start growing as well.
Those who want to buy OKX:GALAUSDT should wait for a breakout and consolidation above the trend line.
✔️ It should have grown to at least $0.34
😱 But holders' dreams are at least $1-1.10 (a nostalgic memory, because it was from this range that the x10 price pumps of #GALAUSD began in 2021 ;)
_____________________
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GALAUSD keep an eye for this +200% profit opportunity.Gala (GALAUSD) has been trading within a Channel Down, similar to all such patterns since the past 2 years. In fact this is the 3rd straight Channel Down occurrence since August 2022 and they've all bottomed around the same levels, before breaking-out the formation above them.
What confirmed the bullish break-out each time has been a 1D candle closing above the 1D MA50 (blue trend-line). This level is being tested today for the first time since June 07 2024. If we do get that candle closing above, consider it a buy signal and the minimum Target the previous Channel break-outs have achieved has been a little above the 0.786 Fibonacci retracement level.
As a result, our medium-term Target is 0.0600.
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👇 👇 👇 👇 👇 👇
Is GALA on the Verge of a Breakout or a Breakdown?Yello, Paradisers! Could this be the breakout moment we’ve been waiting for? Let’s dive into #GALAUSDT’s latest move!
💎#GALA is currently trading within an ascending channel, showing a gradual upward trend since the lows of August 5th. The price is now facing immediate resistance between the $0.0172 and $0.0180 levels, a zone that has been tested multiple times in recent days. Despite these attempts, GALA has struggled to break through.
💎If the bulls manage to push past this resistance, we could see a strong breakout, potentially propelling GALA to the $0.01920 to $0.01985 range. This upper resistance aligns with the ascending channel’s top boundary, making it a critical zone where strong profit-taking is likely.
💎In a bullish development, GALA has managed to break above the 4-hour EMA-50 level for the first time since July 22nd. This could indicate further upward momentum in the near term.
💎On the downside, the EMA-50 at $0.02475 is currently the primary support level. Below that, the ascending support around $0.01580 is crucial. Losing this level could trigger a possible double bottom formation, which would be bearish for GALA.
Stay disciplined, Paradisers! Keep a close watch on these levels and be ready to act when the opportunity arises. Remember, patience and strategy are your best tools in this market.
MyCryptoParadise
iFeel the success🌴
Potential bottom on Week TFGALA at potential bottom after at least 3 impulse waves down (at week chart). Feels like even in the worst scenario bounce to ~0.03 is something that should happen in any case once correction to those 5 bearish months starts.
Bullish scenario would be return back to 0.06 as it plays role of the top of that HTF range. And where is the top, there is a chance for breakout ;)
GALA GAMESINDEX:GALA
The #GALA bullish move from the bottom of Oct 2023 till the top of Mar 2024 seems to me like nothing but a corrective wave.
There’re multiple ways to count the next wave based on that but imo I expect any kind of an impulsive wave to target below $0.0059 (which would be a good buying opportunity).
The cancellation/ invalidation of the idea is crossing $0.0868
#GalaGames
GALA LONG ✉️ Pair: GALAUSDT
📈 Direction: Long
💯 Leverage: Cross 5X - 10X - 20X
📊 Entry 1: $0.01830
📊 Entry 2 (DCA): $0.01500
✅ Target 1: $0.03200 (I recommend selling 20-30% of your position)
✅ Target 2: $0.03800 (I recommend selling 20-30% of your position)
✅ Target 3: $0.04500 (I recommend selling 20-30% of your position)
✅ Target 4: $0.05200 (I recommend selling the remaining position)
⛔️ Stop Loss: $0.01400
GALA is trading within a descending channel and nearing a key demand zone. The price is testing a critical level around $0.01830, which could lead to a significant bullish breakout if sustained momentum is achieved.
If the price manages to break above and confirm the breakout of the descending resistance, it could signal a trend reversal. In this case, entry is recommended at $0.01830, with a second buying opportunity (DCA) at $0.01500.
The targets are set based on potential recovery and trend reversal:
Target 1 at $0.03200 reflects a significant initial resistance. I recommend selling 20-30% of your position at this level.
Target 2 at $0.03800 and Target 3 at $0.04500 are higher resistance levels that could be reached during a positive trend. I recommend selling 20-30% of your position at each of these levels.
Target 4 at $0.05200 is a more ambitious long-term goal, considering a complete reversal of the descending trend. I recommend selling the remaining position at this level.
The stop loss is set at $0.01400 to limit risks in case of further decline below the major support level.
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#GALA/USDT#GALA
The price is moving below a downtrend on a 1-hour frame, and the trend is being tested now and is about to break to the upside.
We have a bounce from the green support area at 0.001900
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.02000
The first target is 0.02370
The second target is 0.02600
The third goal is 0.02870
Alikze »» MAVIA | Descending channel failure.?🔍 Technical analysis: Descending channel failure.?
- It is moving in a descending channel in the 8H time frame.
- There is a demand in the green box and the middle of the channel.
- It is currently at the ceiling of the descending channel.
- Due to the upward momentum, it can continue its growth after breaking the channel with the limited support of 1.56 to the specified supply area.
💎 Alternative scenario: In addition, if it faces selling pressure in the area of the ceiling of the channel and stabilizes below the range of 1.56, it can continue the correction to the middle area of the channel and the green box.
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BYBIT:MAVIAUSDT