GALAUSDT, First buy zone activateHello everybody
GALA is one the most amazing game and the co-founder of it that makes many games, one of the most game is zynga poker and GALA in months later wanna do ...
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According to the chart and previous analysis we published, we shown on chart that we are completed B wave of correction and we need to complete wave C.
As you can see the price reach to our PRZ level we expect the price should finish correction in these PRZ level and wave C can be completed in one of these zone.
The price after some consolidation and squeezing can jump and start move upwards to the target and maybe to new ATH.
If you have any questions send us messages
Good Luck
Abtin
Previous analysis :
GALABTC
GALAUSDT, We are going to reach to PRZ levelHello everybody
Gala is one of my favourite token that is working on game base and the co-founder of it was made zynga poker :D :D :D :D
According to the chart, the price is moving on downwards correction wave and we expect that it can drop more to reach to the important heavy support (PRZ level Blue Box) and it can suport from there and move up to reach to the new target
But in there route we have another sensitive zone that if the price can break there zone the drop price definitely happen.
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Good Luck
Abtin
Previous analysis :
GALA - There is a possibility of testing the 45 and 40 cents areOn a daily timeframe, we see an engulfing bearish candle that provided the conditions for correction. There is a possibility of testing the 45 and 40 cents area in the coming days. Be patient and enter by reaching the range of 40 cents.
GALA Loading up for a big move!Here's a quick Look at GALA 8 hr chart. As we can see, the price has printed a bigger falling wedge and we could see a break to the upside soon! The price action depends on BTC and if BTC doesn't cooperate, then GALA won't manage to build bullish momentum. Keep an eye on this falling wedge!
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy when the price breaks above the falling wedge and take profits at the levels shown in the chart.
Targets:
1. 1100 sats
2. 1180 sats
3. 1300 sats
4. 1460 sats
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
GALA/USDTOn a 4-hour timeframe, GALA bounced of the flip zone around $0.41 - $0.43. Right now, the price reached the resistance line and looks like facing intense sell pressure to break it, and the price may reject back to the flip area. GALA GAMES was truly bullish since Binance's listing and a strong coin for hold. You can add some around $0.44 for a swing move.
Keep an eye on GALA!Here's a quick look at GALA 4 hr chart. As we can see, the price has printed a bigger symmetrical triangle and we could see a break to the upside soon. The price will probably revisit previous ATH when it breaks out. Definitely one to keep an eye on.
The best entry would be, when the price breaks above 0.58$ 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/USD - Be careful, bearish price action. Correction inbound!GALA pumped hard and now it is time to take a pause and correct.
The indicators are curving down and not looking pretty. Best to wait now and let GALA find new support. A good candidate for that is at $0.36.
If market remains bullish, GALA may correct to only $0.5 or thereabouts as shows on the Fib extensions.
In any event, if MACD does a bearish cross on daily, then best to stay away for a while.
Bias is bearish on this formation right now.
Like and follow if you liked this idea!
GALAUSDT , Parabolic wave againHello guys
According to our last analysis we shown on chart that the price is making parabolic movement and we expect after break parabolic support we have drop price to our support zone area but the moementum is heavier than we expect and because of the condition of metaverse and game in traders mind the price is going up
According to the point that we shown , that candle stophunter and liquid long position , and because of that this means that the power of the bullish is becoming weak and the bearish take power and we expect that after break support parabolic break , the price can drop to the support area
Previous analysis :
Dont forget use stop loss and take signal at first then take in position
Good Luck
Abtin
Gala Grows 777% | There Is More...Not only Bread (BRDBTC) has been growing strong but also Gala (GALABTC), MANA, CRV, SAND, MITH and many, many other altcoins.
GALABTC has grown by 777% and this is a very strong indication as to what will be coming to this Altcoins market.
I've been warning about this and it is finally here and coming into full force soon.
The best strategy here is patience; Buy and Hold.
Set your sell orders before the bullish action starts as the big jumps tend to happen in just a few days and then we have months of consolidations before the next jump.
Get ready, be grateful and of course... Enjoy.
Namaste.
★ GALA/USDT - The pullback is formedOn a daily timeframe, the downtrend line is broken, and the pullback is formed. This is an excellent time to buy it for a target of $0.12 area, and then you can enter for $0.14. Be sure to use stoploss! The support area for GALA is 0.074 (Red line).
Your success is my wish, Dr.Ross.
GALAUSDT Technical Analysis⏳ Spot
💎 GALAUSDT has formed a Bullish flag. After the breakout it has done the retest successfully and the price has got rejected from a significant support zone. We have a divergence, after the breakout it will continue the bullish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 0.08938 - 0.09095
☕️ TP1 0.09869
🍺 TP2 0.10314
🍻 TP3 0.10904
🍾 TP4 0.11769
🍷 TP5 0.13000
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.08322
Good Luck 🎲
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GALA is breaking upYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
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Quick Trade idea for GALA Here's a quick Look at GALA 6 hr chart. As we can see, the price has been forming a bigger descendingl triangle and we could see a bigger break to the upside soon - BTC just need to get stable! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the descending triangle with good amount of volume .
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The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
1. 0.094$
2. 0.106$
3. 0.115$
4. 0.123$
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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."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!