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GALAUSDT

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 $0.11-0.13 in a few months (x5-x6 from the current price). However, depending on the growth pattern, pace, and other inputs, the targets from above may be recalculated. In this case, we will update the GALAUSDT idea. So, please like, comment, and subscribe if you are interested, and we will provide you with relevant thoughts) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
11
GALA - Bottom Is in! 3000% Gains To Be Made!GALA looks like a very simple Impulse, correction, impulse. We've recently broken out of the year long correction with a nice impulse. We are now in an ABC correction which appears to be held within a parallel descending channel. We've seen both waves A and B and we are currently in wave C. See chart update for lower timeframe analysis. Trade Idea: - For a safe entry, enter on break of the channel - For a risk entry, enter on break of lower timeframe trendline - Stops below the bottom indicated - Targets: 0.1, 0.2, 0.7, HODL the rest Goodluck and as always, trade safe!
BINANCE:GALAUSD
by WicktatorFX
4
DXY on monthly 20ma resistanceThe dollar is maintaining its value above the "Magic blue line" (377ma offset 233) but now its finding itself on the 20 Month average and I see this as the beginning of a move down to 93$. I had a previous analysis from higher where it was on a major weekly average and it is playing out nicely so far. I believe the bearish move resumes here and I am actuvely buying crypto which is showing great bottom potential (check my other charts for those ideas) Dump dollar, buy gold, buy crypto. That's my sentiment right now. Good luck with your trades!
TVC:DXYShort
by TheChartWhisperer
GALAUSDTHow do you do dear friends, *Mars Signals Team wishes you high profits* This is a one-day-time frame analysis for GALAUSDT There we have R3 and R2 on the top of the chart which are the resistance areas with the demonstration of disability of price to rise. R1 used to be a support area. And at the bottom of this chart, S1 is our support area that contains the support of price at some points even since the past. We observe the price behavior in the past which was supportive at S1 area after its rejection and descending to this point. By the time the price had a support at S1, a recovery trend was seen for it toward higher amounts but each time it was not able to have more rise and faced another decline. Now we have the price in its falling trend through some negative Marubozu Candles and it fell into our support area again. Hence, our expectation would include more decline for the price to reach the bottom of S1 and after being supported here and receiving some fixation and support, another rise is waiting for it to happen. Remember to wait for the price to break each resistance area upward and after receiving more support and fixation, put your orders and then by rising to the other resistance area, you can save your profits and make sure of a logical trading. At the moment the possibility of more decline below S1 is not so high and we would wait for more support and then more increase. You should consider the market situation in the lower time frames and make sure what will happen exactly. We suggest you to obtain every piece of information and idea through our updates for enjoying more profitable trades. Keep in mind to consider market conditions in lower time frames in order to make sure of a good point to put your trade order, we suggest you to wait for the time which the price is in its return upward. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
Long
by MarsSignals