Short term rally in $GALA? $.037-$.048 target?A chance at 40%+-80%+ returns?
I know nothing about Gala, but the chart looks very bullish.
The chart looks like it's formed a large falling wedge which broke out and then formed an ascending triangle bottom. Upon a breakout of the triangle, I think $GALA rallies to at least $.037 but I think eventually it gets up to $.048.
GALAUSDT
Gala Hits New All-Time Low | Time To Recover!As you can see from the chart below, GALAUSDT hit a new All-Time Low just days ago and is preparing to reverse the trend.
22-Nov-2022 Gala hit its lowest price since September 2021, when this pair was made first available for trading on this exchange.
For those looking for trend-reversals, hitting new lows is always a great signal.
How to know if this is really a low and a bullish wave will take place or if prices will continue lower?
One way is to look at the RSI.
If you notice early November, you can see new lows being hit but the RSI being weak.
Right now GALAUSDT went even lower yet the RSI is now strong.
Another way to know if a bullish wave will follow a new low set is by looking at how the other pairs/assets/altcoins are behaving.
When you see pairs such as DOGE and LTC, ETH, REN, MATIC, FTM, etc. You have another signal that supports a change of trend.
If all these other pairs were looking bearish, this low might not be the end.
Since we have a strong RSI and many other altcoins already moving up, we can say that GALA too will recover... If not, we have a setup with very low risk and high potential rewards; which is what we are looking for anyway.
Namaste.
GALAUSDT Buy timeHello Traders!
Welcome Back to another episode with Analyst Aadil1000x.
Today we are going to buy from this bullish point
Gala buy now, its at 1.554
Target 1, 1.5973(+2.3%)
Final Target, 1.5973(+2.3%)
Stoploss 1.5249(-1.8%)
Don't forget to hit the like button and follow to stay connected
DCA into Gaming - GALA, SUPER or UOS? Gaming coins have taken a big hit this bear market. Now I feel that it's time to DCA into a couple of them. GALA need 30 X (!) to reach All Time High (nov 21). Excited to see what gaming coins can do next bull market. Here are my top 6 gaming coins 1. ) Matic 2.) PYR, 3.) UOS, 4.) GALA, 5.) SAND, 6.) SUPER.
GALA is in the critical PositionAccording to the Chart Gala is in the bottom of the Triangle an it can goes in both direction. if the dynamic support line break out we can have a bearish move in Gala , and if the dynamic support line do his job and then break the dynamic resistance line we can have bullish move up to the ATH resistance level.
we should wait and see what will happen in the near future.
good luck, please like , comment and share to support us. Thank you
#GAL/USDT DAILY BREAKOUT AND RETEST TO PUMP 200% !Welcome to this quick GAL/USDT analysis.
I have tried to bring the best possible outcome in this chart.
Reason for trade:- GAL/USDT is a Breakout and retest complete buy the dip
SPOT CALL
Hold it for a long time to come, it can give good profit, as BTC will pump, all the calls will give you good profit and most important stop loss
Entry:- CMP and $1.95
Traget:- 200%
Stoploss:- $1.93
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you...
Wait for confirmation first! ✨I think this is a very interesting moment for this coin as it approaches a very important resistance level. However, it's no clear yet if it could break through it or reverse altogether so here are 2 tips. If it breaks through, wait for the retest to enter and set target a little bit below resistance level as it could react fast to it and drop fast once it reaches. Another scenario could be it actually break the upper channel it's making and if it does wait for the breakout once you have it, wait for the re-test of this breakout and then enter the trade lower. Always wait for confirmation to be safe. Target for down is previous resistance turned into support.
GALA/USDT - LONG ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ #GALA/USDT ⚡️⚡️
Client: My-ByBit USDT
Trade Type: Breakout (Long)
Leverage: Cross (3X)
Entry Targets:
1) 0.04149 - 100.0%
Take-Profit Targets:
1) 0.04275 - 20.0%
2) 0.04398 - 20.0%
3) 0.04611 - 20.0%
4) 0.04804 - 20.0%
5) 0.04942 - 20.0%
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (0.833%)
Stop: Breakeven -
Trigger: Target (1)
MATICusdt 1D break resistanceAs we can see in the chart, the resistance range has been broken and if the pullback is completed, we expect the formation of an increasing trend.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark
🔥🔻GALA DESTROYED? The hacker minted 56B of GALA coins❗🔥Hi friends! Bad news for GALA. According to some reports, unknown persons have minted ~55.6 billion pGALA synthetic tokens worth up to $2.2 billion through the PancakeSwap decentralized exchange (DEX).
✅ The hacker managed to sell only 12,977 BNB, which he bought for printed GALA. The total "profit" is $4-5 million.
📊 First of all I should say that GALA wasn't hacked because it based on ETH blockchain. The hackers attacked the pGALA coins which is used on the PancakeSwap.This information confirm the President of Blockchain of Gala Games.
✅Also GALA wasn't hacked due to the official Twitter account of GALA Games. I think they mean tockens on the exchanges that based on the ETH blockchain.
📊 SO WHY THE PRICE OF GALA DUMPED?
The coin price fall because of the panic and arbitrage of some market players. Huobi exchange decided to delist the coin because the arbitrageurs collapsed the price by almost -80-90%.
🚩 On Binance, the coin fell by -34%🔻, but the exchange blocked the withdrawal/deposit to avoid the manipulation with price.
📊 WILL GALA CONTINUE TO DUMP?
So as you all understand now, the price DUMP based not only on the hacker attack but because of the panic and arbitrageurs. I think that in a few days the price return to it's previous conditions.
I recommend to check my latest idea on GALA. The price already make +42-45% from our entry point. I hope my subscribers book the profit and close the part of position in the breakeven.
I think that we can left the same targets. The main task for now is to find the best entry point for long positions. Of course, look at the BITCOIN to choose the direction of altcoins movements. If BTC is bullish, all altcoins is bullish too.
🚩 FUN FACT. In addition to the fact that Bitcoin finally started its growth, October was a record month for the number of hacks. During the month, hackers stole almost $657.2 million in crypto. Now we can call October not only Uptober but Hacktober.
Traders, do you sell or buy GALA on this DUMP? What will happen to GALA in upcoming days? Write your thoughts in the comments.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🚩✅ The 3 target for GALA, if the market reverse now!Hi friends! Now the price of GALA inside the channel and the 2nd test of lower boundary is possible, but only in case if BTC fall to $16-17k.
I think that the most possible scenario is continue of consolidation or local growth to the 3 targets that i mention below.
📊 The main reasons to open a long:
🔥 trap of the retail traders and volume growth at the bottom. It confirms the pressence of buyer for us
🔥 squeeze to the upper voundary of the channel
🔥 whales buy orders on DOM and Footprint scalping tools
🔥 bullish BTC will push the price of entire crypto market higher and higher
🚩 Can you image how many short are currently opened by retailers after 80-90% DUMP? I think that the liquidation of this short position could cause the HUGE pump of this Game-Fi project. The short traders become the fuel🔥 for the highly possible grow.
✅ Close your long in profit here:
1. $0.044 - the key level
2. $0.51-0.55 - the value area and strong resistance
3. $0.074 - the local high and key level
I recommend you to book at least the 60-70% of profit when the orice reach the 2nd target.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
GALA/USDT SHORT TRADE hello traders
In a session, I am waiting for an opportunity to sell the cryptocurrency Gala, first target 0.04375
Second level target 0.04196
Analysis
The price has arrived for a block of sell orders on the daily frame, and there is liquidity that has been grabed, and there is a momentary on a 5 minute frame for sellers
And the price is going up in a corrective way, so it is expected that it will reach the supply area and we will get another moment for the sellers
RESISTANCE/SHORT IDEAAbove us from the impulse down move the price left a nice FVG BOX, wich is confluence with the 0.702 Fib level+ a 2H OB,+ the 0.75 FIB Speed fan. The order flow is momentan i think it's nice bullish, so potentially we can go there without any break, but when the price will reach this level i can see some down move.