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GALAUSD

GALA price sets the pace and direction for the "gaming industry"GALA is the "hardest" gaming coin that has now woken up and is showing growth. "The heaviest" because its capitalization is now $2.75 billion and if you look at the GALAUSDT price chart "globally", these are still lows. Or perhaps it is a signal from "MM" that it has enough capital to back such "difficult" projects and imagine what can happen to the price of gaming projects with a capitalization 10-20 times lower?) What do you think about this? Write in the comments. ATH - GALA is still very far away, and the capitalization of the project there can reach $30 billion, which is already a considerable amount. So for now, let's look at more mundane targets for GALAUSDT. Right now, buyers have stopped at the level where the last portion of the shorts' stops is probably hidden - $0.09. Breaking these stops could easily push the GALAUSD price to at least $0.10-0.115. And then, either hyper-acceleration to $0.24-0.25 or the start of a correction. And frankly, the second option is more to my liking.)
by P_S_trade
14
Beautiful Crazy Gala :DHi everyone Gala needs to stop at this level only if it don't want to lose more of its value (30-60%). look at this trend line from the top which is 45 angle which can work as a support related to Gann's theory. Also , It is now on very important trend line ,which I think it is the first good buy area. But u should take in consideration that Gala can break down this trend line and going to the lower buy areas (Green levels) depending on BTC's Moves. So, if I have 1000$ , I will buy 33% here and the rest on those green levels if we reached them. Good luck. Disclaimer: This article is for informational purposes only and not financial advice. Conduct thorough research and consult with professionals before making investment decisions. Good luck.
by KarimMohsen
18
Gala ideaBINANCE:GALAUSDT Absolutely, buying GALAUSDT above $0.074 could be a strategy, placing your order slightly above the maximum price in the last 6-hour candles. This aims to capitalize on a potential breakout if the price surpasses resistance. Here are some things to keep in mind: Market Volatility: Cryptocurrency markets can be very volatile, so there's always a chance the price could drop instead of rising. Setting stop-loss orders can help mitigate potential losses. Technical Indicators: While the past price behavior can be informative, it's not a guarantee of future results. Consider using other technical indicators alongside price action to strengthen your trading strategy. Market Trends: Understanding the overall trend can be helpful. If the general trend is bullish, a breakout above resistance is more likely. Remember, this is not financial advice, and it's always recommended to do your own research before making any trades.
Long
by Arash-RK
GALA/USDT Bullish Prospects supply turned to demand? 👀 🚀💎 Paradisers, turn your attention to #GALAUSDT as it's currently carving an intriguing path in the market. Demonstrating a shift where supply zones have turned into demand, it is lining up for a highly probable bullish movement. 💎 A look back at #Gala recent trajectory shows a pattern of breaking out of a descending channel and initiating an upward trend. Adding to this, it is also tracing an ascending channel trajectory, reinforcing the likelihood of continued upward movement. With sustained momentum, INDEX:GALA is aiming to challenge a major supply zone at $0.04907. 💎 However, given the often volatile nature of the crypto market, #GALA traders should stay prepared for various possibilities. If it struggles to maintain its bullish momentum and falls below the current demand level of $0.02741, a shift in market dynamics may occur. In such a scenario, traders might need to focus on a bullish resurgence from a lower demand level of $0.02465. 💎 Importantly, a descent below this lower demand level could signal potential difficulties in sustaining the bullish trend, necessitating a strategic reassessment. 🌴💰
Long
by MyCryptoParadise_Simon
GALA/USDT Bullish momentum?👀 🚀GALA Today analysis💎Paradisers , GALAUSDT is currently showcasing an intriguing bullish pattern, trading within a demand zone, which signals a strong probability of an upward movement. 💎 Historically, GALA has demonstrated a pattern of breaking above its descending trendline, followed by a successful retest and an ensuing upward trajectory. Presently, as it operates within a demand zone, the likelihood of a bullish trend is quite pronounced. This is further reinforced by the transition of supply into demand, coupled with a sweep below liquidity levels. 💎 The initial target in this bullish scenario is to overcome the resistance level at .2881. Should GALAUSDT successfully breach this barrier, it's poised to challenge a more formidable resistance level. 💎 Conversely, if it struggles to sustain its upward momentum, a strategic bullish move from the .1692 demand level might be anticipated. However, a break below this level could lead to a significant bearish downturn.
Long
by MyCryptoParadise
GALAUSDT UpdateIn my previous post about BINANCE:GALAUSDT , I predicted a 30% pump. I have attached that post here. However, you can see that the price has reacted to the resistance and has not yet been able to break through it. However, GALA is still bullish for me, and there are two scenarios that could happen in this situation. This currency is waiting for the next move of BINANCE:BTCUSDT and will start its next move with Bitcoin, which can be bullish or bearish. Or, the next upward move will begin from the points I marked on the chart. Please note that there have not been such upward movements in the crypto market for several years, and many people think this is the end of the bullish market. However, anything is possible in a volatile market.
Long
by Madoir
2