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GALAUSDT

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
Crypto GALAUSDT (A bullish Pin Bar appears) View On GALA GALAUSDT (26 Apr 2023) GALA is in * Slightly Bearish in short term (Intraweek) * Neutral Mid term (1 to 3 months) * Slightly Bearish in Long term (3 months onward) GALA has a decent bullish looking pin bar yesterday. There is a glimpse of hope market may move back UP higher. It is not so obvious yet. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading crypto, foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
Long
by SonicDeejay
GALAUSDT bull caseIn the spirit of "buy the rumor sell the news" I expect GALA at some point to get significantly bullish ahead of the May 15th event. What you see here is consolidation at the "mean" (monthly pivot point). As a bullish thesis, one could DCA through the fib pullback of the most recent up move with the expectation to take profits at the last major high (or even higher). I am in this low leverage with a starting position at 0.4. Will bail under monthly S1. In full disclosure, "hype following" meme style trades like this are something I've rarely had luck at. DOGE has been my enemy as a technicals trader -- but it's fun to try to mix technicals with news to come up with a plan on how to approach a trade.
Long
by upslidedown
GALAUSDTHello again, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for GALAUSDT Clearly, R2 is a resistance area in the current chart with its presentation of the disability of the price to rise at several points. R1 used to be a long-term support area. S1 used to be a resistance line. And S2 is a support area at the bottom that contains the support of price at different points. According to the past behavior of price, it could have a noticeable rise after being in a fluctuation at its lowest amount and by reaching R2, it face another rejection down to S2. Then by receiving the support there, the price was capable of having a great rise and could break S1 upward. At the present, the price has a fluctuation below R1 and we predict it to experience more rise up to R1 and after a pull back, another increase is waiting for it toward R2. We must wait for some confirmation candles to rise and an increase would be there for the price to reach higher amounts. It is even possible that the price loses the support at any points or even falls below S1 and via giving us some falling signs, more decline will definitely be waiting for the price toward lower amounts. S2 is believed a perfect point for putting trade orders but we should wait for the price to move toward it and then in our future updates, we will provide specific details for you. It is highly recommended to be cautious about various points and details and remember that for enjoying less risky trades. You can obtain every piece of information and details through our analyses and updates. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Short
by MarsSignals
2
Galausdt Double Breakout Galausdt Galausdt has been showing a symmetrical triangle pattern on the 4-hour time-frame, and the breakout of this pattern has been confirmed. This breakout can be seen as a bullish signal, indicating that the price may continue to rise in the short term. Moreover, there is another symmetrical pattern forming on a higher time-frame, which may be indicative of a potential bullish move. If this pattern also breaks out, it could potentially trigger a 30-50% increase in the price of Galausdt. However, as with any trading idea, there are no guarantees, and it's important to keep an eye on the price action and volume before making any trading decisions. It's also important to have a clear plan for risk management in case the market moves against the expected direction.
Long
by Crypto-By-Ghazi