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GALAUSDT

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
🌟🔍GALA's Remarkable Recovery 🚀💡 💹 GALA's Impressive Price Increase: Since the 98% drop from 2021, GALA has remarkably rebounded, gaining nearly 120% from its support at $0.01271. 🤝 Team Issues and Strong Comeback: After some internal issues among the GALA team, including disagreements between the CEO and founders/co-founders, the coin has made a notable comeback. 🔒 Current Resistance Challenge: GALA is currently facing a significant resistance at $0.02816. 📊 Rising Wedge in Daily Timeframe: The coin is in a rising wedge pattern, which is typically risky for continuation. If this pattern breaks down, there's a potential for a 33% drop to $0.01742, though this scenario seems less likely. 👀 Watching Bitcoin's Move: The next steps depend on Bitcoin’s reaction to its support at $36,358. A break below this level could lead to a decline to $32,800. 📉 Potential Impact on GALA: If Bitcoin loses its support, GALA may break its wedge pattern and experience a sharp decline. 🚀 Bullish Scenario for GALA: If Bitcoin holds its support and moves towards its high, and simultaneously Bitcoin dominance fluctuates or drops, GALA could be one of the best coins to buy. 🛒 Buying Strategy: Consider buying GALA after it breaks the $0.02816 resistance, especially for long-term holdings. Don't use a tight stop loss for long-term trades. For a safer entry, consider entering after it surpasses $0.03135. 👁️ Volume Importance: Pay attention to the volume to confirm the trend. 🔑 Related Categories: Pattern Analysis Resistance and Support Volume Analysis 📣 What’s your take on GALA's future? Share your insights! 🌐💬 #GALAToken #CryptoInsights #TradeCityPro 📚 Remember: Cryptocurrency markets are volatile. Always conduct thorough research before investing! 📈🔎
Long
by tradecitypro
21
GALA to 0.027 - 0.28 Hello traders, Honestly this was a trade that I should have published earlier but I was trapped on it Seems like gala was forming micro inverse head and shoulder pattern on 15m-30m frame Target of the pattern is at 0.027$ A strong resistance lies at 0.02828$ Notice that btc isn't stable this time, so please take care, market is not stable enough to reach the target but hopefully it well so you have to use stoploss Stoploss can lie under the neckline or the previous swing low at .02385 Wish you a good day
by TANcrypt0
3
🎮 GALA: Navigating the Reversal Play 🚀In the ever-evolving world of crypto, GALA has caught the attention of traders with its intriguing price action. Despite a decline since 2021, the coin has shown resilience, leaving substantial liquidity overhead. The recent price move, executing a drop beneath the global pivot level and forming a double bottom, signals a robust reversal pattern. Buckle up as GALA gears up for a potential upswing. Chart Analysis: GALA's Double Bottom Drama GALA's chart reveals a compelling narrative — a sustained drop since 2021 followed by a decisive move below the global pivot level. However, what captured the attention of seasoned traders is the formation of a double bottom pattern beneath this critical level. This reversal pattern is often a precursor to a bullish turnaround, indicating a shift in market sentiment. Technical Indicators: Reversal Signals in GALA Key technical indicators, including the strong bounce off the double bottom and the historical liquidity left above, are aligning to create a potential reversal scenario. The double bottom acts as a psychological support level, and combined with the retained liquidity, it sets the stage for a bullish resurgence. Trading Strategy: Riding the GALA Reversal Wave For traders eyeing GALA, the double bottom presents an opportunity for strategic entries. Monitoring the reaction around the historical liquidity zone and gauging the strength of the reversal will be crucial. A well-planned trading strategy considering these factors could position traders favorably for the potential bullish wave. Conclusion: GALA's Play for Redemption As GALA maneuvers through its recent price action, the formation of a double bottom speaks volumes about the coin's resilience. The retained liquidity above the global pivot level adds another layer of intrigue, hinting at a potential redemption play for GALA. Traders and enthusiasts alike are now watching closely as GALA readies itself for a potential reversal. 🚀 GALA Analysis | 📉 Reversal Patterns | 💡 Trading Insights ❗See related ideas below❗ Are you gearing up for the GALA reversal play? Share your insights 💚🌐💚
Long
by Yaroslav_Krasko
2
GALA's DCA Zone (Gems Edition)Gala is a decentralized gaming ecosystem that runs on the blockchain. The Gala token, the native virtual currency of the Gala network, is used to power all transactions within the ecosystem. Gala has a wide range of games designed to appeal to all types of gamers. The games on the Gala platform are provably fair and transparent, and all transaction data is stored on the blockchain. The gala token is also used to power the Gala marketplace, which allows gamers to buy and sell in-game items. Being an ERC-20 token, Gala can be stored in any ERC-20 compatible wallet. The Gala network allows users to buy, sell, or trade assets using the Gala token. Gala offers its users unique digital assets — NFTs. Do you also think GALA is a gem?!
by The3eyedFrog
10
GALA USDT 1 Day TF Bullish MomentumBINANCE:GALAUSDT GALA USDT 1 Day TF Analysis. Bullish Momentum Shows Examining the GALA USDT price action, we notice promising indications of bullish momentum. After a 10-day consolidation period, Currently break the H.L that is also good sign for price move upward direction in coming days. (RSI) is also showing a bullish divergence on the charts, further supporting the bullish case. Traders may consider long positions with a tight stop loss (SL) strategy. Disclaimer: It's essential to emphasize that this information is not intended as financial advice. Conduct thorough research and due diligence before making any trading decisions. Financial markets carry inherent risks due to their volatility, and the provided information is for informational purposes only.
Long
by ChartsInsights
GALA/USDT Break Descending channel, Bullish Momentum for Gala ??💎 GALA has certainly grabbed our attention. Alert on the horizon! GALA has successfully broken through the descending channel pattern, marked by a robust bullish candle, signaling a positive momentum for GALA. 💎 Additionally, GALA has managed to surpass a historically strong resistance level that had previously thwarted its advances multiple times. Now, having broken through both the descending channel and this resistance, GALA is in a retesting phase, gearing up for a potential climb towards the proximate supply zone at $0.01445. 💎 Should GALA manage to breach the $0.01445 supply zone, it could smoothly sail towards the more formidable supply area. However, if it faces rejection at this supply zone, it might descend to retest the previously broken resistance, which could now act as a support, gathering momentum for another upward push. 💎 On the flip side, if GALA exhibits a false breakout, meaning it fails to maintain its position and closes below the recently breached resistance, it could be indicative of a downward trajectory towards a critical support level.
by MyCryptoParadise_Nathan
4
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
GALA BREAKOUT DONE 💥💥#GALA Analysis : Breakout 💸💸 🔮#GALA was testing a crucial key level and following a falling wedge pattern. Now we can see a perfect breakout here in #GALA. It indicates the start of an upward trend. 💲💲 👀Current Price: $0.001588 🚀 Target Price:    $0.003000 ⚡️What to do ? 👀 Keep an eye on #GALA price action and volume. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️ 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #GALA #Cryptocurrency #Breakout #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts