GALAUSD
It needs to hold its supportOn a 4-hour TF, It is now back at the $0.41 - $0.43 area support. GALA needs to hold this support. Otherwise, we will see more downward movement. The first resistance is $0.47 and $0.51 area. The major resistance is $0.58 - $0.60 area. The next support is $0.36 - $0.37 area. You can buy some GALA near the support with stop loss.
GALAOn a 4-hour timeframe, the range of 38 cents to 40 cents is a very important resistance range for GALA. According to the trading volume conditions, the probability of returning from this area is higher. Be sure to move your stoploss to the high points. If the 40 cents area is broken, we will have the opportunity to enter again.
GALA/USDT ChartHi, I try to post often so if you could follow and like it would mean a lot to me. I also stream weekly on TradingView.
GALA had a predictable run after having a bullish divergence on the 1D chart and now its time to short the coin (in the short term because I believe that in the mid term the coin will do good). The RSI of the coin is overbought and in the 1H chart the coin has a bearish divergence that the shows my target of 0.26$. BTC seems that will have a small correction to 40K so the most probable scenario is a short. I still believe that in the mid/long term the coin will do great but this is my position for now.
My next stream will be on the following friday and I will talked abou BTC , do an altcoin review, explain what is the wyckoff method and answer all your questions about crypto. Be there if you are curious. (Hour will be posted on the update of the idea.
💥GALA BREAKOUT - TARGET @ $0.90Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As illustrated on the chart, you can see that after gala consolidate/range, it breaks out and pump hard.
It did the same again here, it consolidated and broke out. We are now expecting a pump. My target for this pump is $0.90.
What do you think?
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Gala 1D Is there any chance for growth or all is lost?The main message in the previous GALAUSDT idea was: you have to take your profit from the "table" in time, if you are lucky and the market has shared the profit with you.
As we can see from the chart, the value of 1 GALA decreased from the maximum by more than 4 times in just two months.
Those who paid attention to the hint in the previous idea could have saved their hard-earned money.
Who wants to shift the responsibility for their mistakes to someone else, including us - then it is his right) But the money in the account will not increase, and the right conclusions will not be made, while such mistakes will be repeated.
This is all lyrics, let's go to the analysis of the chart:
1. During the recent sinking of the crypto market, GalaUSDT price fell to a level that previously prevented it from going up twice. Some interest was shown by buyers and pushed the price up from it.
2. In the last 10 days there is a consolidation, the exit from which will be a decent impulse.
3) The fulfillment of the white - positive scenario may occur only if some super-positive news, which is not yet seen or heard on the horizon. The target of $0.34-0.35 is a strong mirror level, which will be difficult to break up at once.
4. The target $0.78-0.80 is also realistic , but it needs an alt season and belief in a miracle) It happens when most people lose faith and interest in the crypto market, and it starts to shoot up).
5. If passivity continue at crypto-market, or negative news will arise, we don't see any obstacles for GALAUSD price to fall to $0.12.
For some people it will be a painful deposit drawdown, for others it may be a good price for a long position.
It's always like that on the market: some people lose - others earn at their expense. And only crypto exchanges always earn from both sides of market participants.
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
GALA: Signs of StrengthGALA has been in a downtrend for about 66 days. I have my fib measured to the ATH candle close (not the wick), and the .786 held when BTC fell to $33K.
So, is this considered the start of a reversal?
There are signs that are pointing in that direction:
Daily RSI was heavily oversold and has broken the downtrend
The main downtrend line of resistance has been broken as well
.786 fib held and bounced above the .618
For now, GALA is looking strong, and I'm long-term bullish on the Metaverse projects. Short-term movement will depend on BTC's position.
This is not financial advice. These are just my ideas and opinions.
Gala, Gala, what powerful legs you have for past 2 days...Gala, Gala, what powerful legs you have for past 2 days to fly high!
Where are you going after your accumulations with rising RSI?
1, 2, 3, 4, 5 on Daily chart
Or a, b, c on Hourly chart
Or Both?
Let's see. NFA. DYOR
GALANot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
GALA - Good entry timing and TP/SLBYBIT:GALAUSDT
1H trend chart
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GALA broke out the downtrend line on 1H, and retested it before.
It's kind of support transformation from resistance.
Also, there is a potential double bottom formation, so we can take entry here with trading strategy as below.
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Profit Targets:
a) 0.21050----Fib(1)
b) 0.21925~0.22279----Fib(1.272~1.382)
c) 0.23037----Fib(2)
Stop losses:
a) 0.17948----Red horizontal ray
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GALA is a game changer platform Hello traders
After a while, GALA price is very interesting with touching AVWAP & OS RSI. At this time, price is 0.189
It's really good project of blockchain gaming + NFT market place + play to earn & many more.
I will add more and hold for next years. It can become next AXIE or MANA.
For more, please follow here and Twitter.
Thanks for reading.
GALANot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
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 :