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GALAUSD

GALAUSD 0.01700 Target hit. What's next?Gala (GALAUSD) hit the 0.01700 bullish break-out target we gave almost 2 weeks ago on the RSI Bullish Divergence: Since the price broke also above the 1D MA100 for the first time since April 20 but mainly the Channel Down pattern, we shift to the larger 1W time-frame in order to identify the long-term trend. As the 1W MACD just formed a Bullish Cross, while the candle broke above the Bear Cycle's Lower Highs trend-line, this break-out is a clear long-term buy signal towards the next level of Resistance, the 1W MA50 (blue trend-line). Our first target is 0.02900 and when the price closes a 1W candle above the 0.236 Fibonacci level, we will re-buy and target (2) 0.06200 (0.382 Fib). As the crypto officially entered its new Bull Cycle, the Fibonacci retracement levels will start assuming the roles of Resistances on the way up. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:GALAUSDLong
by TradingShot
2
GALAUSD Short-term buy signal on a Bullish DivergenceGala (GALAUSD) is trading within a Channel Down pattern since early January and recently got rejected on the 1D MA50 (blue trend-line). Despite the declining trend, the 1D RSI is on Higher Lows, i.e. a strong Bullish Divergence. The Lower Highs trend-line has been broken, and the previous two times it did so within the Channel Down after a bearish leg, a counter-rebound took place. As a result we consider this a buy signal towards the top of the Channel Down. We don't wish to exceed the 1D MA100 (green trend-line), thus our target will be contained at 0.0170. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:GALAUSDLong
by TradingShot
1
GALA /USDT bulish ride? 👀 🚀 GALA Today Analysis💎Paradisers,GALAUSDT! After a recent rebuff from the supply zone, it's reigniting its bullish spark, setting the stage for a captivating shift. 💎In the past, GALA navigated within a descending channel for an extended period. However, it broke free, embarking on a bullish trajectory, only to face resistance at the 0.01653 supply mark. Now, with renewed bullish energy, we're hopeful it'll challenge that supply level once more. 💎 Additionally, there's a formation of a bullish flag pattern. A break above this pattern could propel GALA to significant heights. On the flip side, if it dips below the 0.01490 demand level, be prepared for a notable downward shift. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!
Long
by MyCryptoParadise
GALAUSD: Next 1D MA50 break can deliver a massive rally.GALAUSD is testing today the 1D MA50 for the first time in two months on a green technical 1D outlook (RSI = 60.296, MACD = -0.001, ADX = 46.201). Being through all 2023 inside a Channel Down similar to 2022, we can argue that the next 1D MA50 cross over (like the 1W RSI cross over the MA line) can provide a rally similar to January's. That will be our trigger level and will target the 0.786 Fibonacci level (TP = 0.04400). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:GALAUSD
by InvestingScope
5
GALAUSD: Bullish divergence leading to the top of the ChannelGala is trading inside a Channel Down every since the market top early this January and today the 1D technical outlook turned neutral (RSI = 46.626, MACD = -0.001, ADX = 48.052) as it is trading on the strongest 1D green candle since March. The 1D RSI bullish divergence (HL) shows a short term momentum shift and the price can now target 1D MA100 and the top of the Channel Down. We estimate at least a +50.35% rise from the bottom (TP = 0.01900). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:GALAUSDLong
by InvestingScope
GALA is gaining upside momentumHello, everyone! Couple of weeks ago we made analysis on GALA where considered that it's closed to it's bottom. Since then this asset is staying at the same level and most of traders disbelieved in the any potential bounce. If you remember 2D is our working time frame to establish the Elliott waves cycle. Usually we have 3 confirmations of the reversal: bullish reversal bar, then AO momentum reversal and finally fractal breakout. This bullish reversal bar is not an obligatory condition, it could be or not. AO reversal is obligatory one. Here we have 3 green bar on AO histogram. The key level for reversal confirmation was the yellow line. Price has successfully passed this line. Moreover MFI has printed the squat bar at the very bottom and green bar is about to be printed today which is another one bullish factor here. If we are right minimal target is $0.02 where the Fibonacci 0.61 zone is located. Follow us and never miss the update
Long
by Skyrexio
4
GALA 📌 macro analysis ⏰ BINANCE:GALAUSD :: long term 📌 analysis ⏰ #dyor #NFA gaming coin 🎮 Detailed information ( #explaination ) 🐿 SUPPORT 📌 $0.0134-0.01506 < #BUY > 📌 $0.00903-0.0104 RESISTANCE 📌 $0.112-0.163 < #sell > ( very high resistance make it as #principaltrade ) After breaking resistance 📌 weekend candle close above Possible target 📌 $0.5-0.53 & $1.98-2.1 #explanation Gaming coins 😊 Strom community and project Recently effect in news 🗞️ if this take hard 📌 turn risky to holders like #ftx I am expecting $0.1-0.15 will be bull top 🔝 but based on comfirm we can move I will update you 👍 or remind me 😊 I am not expecting it will reach support 2 📍 but news 🗞️ getting hard 📌 it will hit easily Until FEBRUARY 2024 coin have bearish 📍 phase 📍 March 2025 will be decided phase 📍 on this coin 🪙 Risk is high 👍 Recommend position size 1% Old user's try to average 60% at support 1 40% at support 2 📍 based on ur old liquid 💰 Or ask here 👍
Long
by raj5_7_5
GALA - just one more dump!Hello, dear friends! Last time I have too many analysis updates on INDEX:GALA . Some of you could think that I am their ambassador, but it's not true. This asset just in the nice price range to accumulate some coins. You have already seen my global analysis that bottom is almost here. Today I will show you the local price action analysis. the fact that price set the new lower low means that we are in new bearish impulsive wave. I think this is wave 5. This wave should also consists of 5 waves. It looks like wave 4 has been finished and wave 5 in wave 5 is in progress. I expect the dump slightly below current low. If Awesome oscillator will show divergence it's gonna be the nice reversal sign. Best regards, Skyrex team __________________________________________________________ 🔥Please, follow us and smash the rocket🚀 button to support us🔥
by Skyrexio
4
GALA - where is the dump limit?Hello, dear friends! Time to make an update for the annoying BINANCE:GALAUSDT which have already took 2 my stop-losses during this dump. Elliott waves analysis is showing us that the bottom is too close and the potential reward is gonna be 10X more than risks, that's why it's ok to get couple of SLs. Looking at the current price action it looks like dump don't want to be stopped. On the 2D time frame we can see the forming of the green bar, which means that asset can go a little bit lower. Elliott waves analysis is showing us the potential ending diagonal forming and wave 5 has two potential targets: 1 and 0.61 levels from wave's 1 length. The first target is unreachable because of negative price zone, that's why our target is $0.009. Anyway MFI is decreasing right now, it means that downtrend is weakening everyday. Best regards, Skyrex team __________________________________________________________ 🔥Please, follow us and smash the rocket🚀 button to support us🔥
by Skyrexio
Ultimate GALA analysisHello, dear friends! Today I will show you why there is a huge confidence in potential pump for BYBIT:GALAUSDT.P and also the bear market could be finished for this asset. First of all let's take a look at the 2D time frame. It looks like price is printing the ending diagonal in last bearish wave 5 which consists of 5 waves. Awesome oscillator is showing the potential divergence. Of course, momentum has not been changed still, but when we will see three green bars on the hist it means that we did not make a mistake. Watch out the updates to this article in the next hour!
Long
by Skyrexio
8
Best time to buy in the history of GALA?3 "Ifs" to the biggest trade of your life: If #1 is unknown: If Gala finds support here at historic support level If #2 has a high probably of happening: If Gala is relevant in the future (dozens of games in production, should be relevant next bull run) If #3 high probability: If there is another bull run, at some point.. and if gaming is a leading sector (check Alex Beckers Youtube.. he feels it will lead , aided by AI blending meta, gaming, ads, services, work.
BINANCE:GALAUSDLong
by sengleadevelopment
IS IT GOOD TIME TO BUY GALA COIN ?? GALA COIN ANALYSIS !!INDEX:GALA Coin Update !! • Price Trying Now to Bounce back From its Last Support. • Major indicators look over sold. • i think you all now about conflict b/w ceo & co-founder of #Gala coin. • invest only what you can afford to lose. • If you already open postion in long around 0.0155$ then just hold your trade and move sl at entry price. • If its break its last support then next possible support are clearly draw on a chart. FOLLOW US FOR MORE ANALYSIS !!
by CRYPTOPLAYERS-01
GALA triangle pattern range and gain 🚀Hello 🐋 Based on the chart, the price is in the parallel channel and close to the channel support area, and triangle pattern ✔️ if the price doesn't break the support zone to the downside, we will see more gain 💣🚀 otherwise we can see more correction to lower support level ❌🧨 if breakout of the upper resistance zone be completed, we can see more pump to the upside ✔️🚀 👌 Notice: pay attention to the price on shortcut chart (located below the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
GALA price is on the verge before a big increase The GALA price is probably tamping the "bottom" now. If we look at the full trading history of GALAUSDT and apply Elliott Wave Analysis, we get the following: (1) a sharp wave of growth occurred in early 2023 and brought the GALA price out of a prolonged downward trend. (2) a protracted six-month correctional wave in the A-B-C format probably ended in June 2023 (3) the 3rd wave, which is considered to be the largest/longest, is probably just emerging. The GALAUSD price has a tough upward path ahead. $0.07 is a strong mirror level, above which a dense liquidity zone begins. We currently assume that the GALAUSDT price will be able to rise to $0.11-0.13 in a few months (x5-x6 from the current price). However, depending on the growth pattern, pace, and other inputs, the targets from above may be recalculated. In this case, we will update the GALAUSDT idea. So, please like, comment, and subscribe if you are interested, and we will provide you with relevant thoughts) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
11
GALA - Bottom Is in! 3000% Gains To Be Made!GALA looks like a very simple Impulse, correction, impulse. We've recently broken out of the year long correction with a nice impulse. We are now in an ABC correction which appears to be held within a parallel descending channel. We've seen both waves A and B and we are currently in wave C. See chart update for lower timeframe analysis. Trade Idea: - For a safe entry, enter on break of the channel - For a risk entry, enter on break of lower timeframe trendline - Stops below the bottom indicated - Targets: 0.1, 0.2, 0.7, HODL the rest Goodluck and as always, trade safe!
BINANCE:GALAUSD
by WicktatorFX
4