GALA return to the whales area🔥 Time to open long ❓Hi friends! The GALA price returns to the area where the biggest volume were traded. I suppose that whales buy their GALA here at the bottom. Now you can see how the price return to this area agin and it`s a good chance to open a long if this preconditions will happen:
🔥 false breakout of the $0.046 key level or short squeeze below the local lows to activate the sl of small traders
🔥 volume growth which shows the additional purchase by the big players and that the small one sell their coins
🔥 squeeze to the trendline
🔥 bullish BTC. All altcoins follow BTC, so if it`s start to grow, the GALA reach the targets much faster.
🚩 Now the price of GALA is inside the $0.052-0.062 huge value area which is support fot the price.
📊 The targets:
1. $0.073 - the key level
2. $0.08-0.084 - the closest value area which become the resistance for the price
✅Also i will track the huge whales orders wall to BUY using DOM and Footprint. This tools show the exact price where the big players set their BUY limits and I open the long with short sl and best risk to reward ratio (1:7-20 or more). Stay tuned!
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
GALAUSDT
GALA Choses Short scenario I shared previously both scenarios and was leaning toward red, simply given the fact we had a harsh rejection at the above bearish ob in red, with candle closes below and wicks above.
We then lost the s/r as support, made a LL and broke market structure increasing the drop momentum down to my target almost perfectly, just quicker than I had anticipated!
Now bouncing off support OB and will want this to hold in the short term, I expect it should and we see some chop in this area.
A nice play if you shorted this for 16% roughly in profit!
NOW? I'd be longing this off the bottom bounce if looking to trade, waiting for a retest as confirmation though.
Cheers
GALA - Key level for Long or ShortIf you want to trade GALA, here is how I would do it.
Long target with SL and short target with SL.
These need to be tight stop losses imo, with short-term target swing trades. Not looking to accumulate in this choppyness, but could easily play this if we get another leg up or if this fails and it breaks down.
Personally I do care which direction it goes, but will play it as I see fit. If we get a nice reaction to the previous S/R we broke which is now support, I will enter a long.
If we break down further and get a bearish backtest I will short it with invalidation above the level.
May low is broken, no longer support and now minor resistance, not a significant level imo but possibly a good determination of weakness or strength in the next move.
V
📊GALA huge accumulation leads to PUMP❗ Open long in time.Hi friends! Gala make +70% from it`s bottom and overperform 50% of other altcoins. Which mean that big and small players still pay attention to this Game-Fi project.
This is a chance for us to make a huge profit but before we should open a long with the best RR.
GALA didn`t even make a pullback and just PUMP. It`s confirms high interest to this alts by all the crypto traders. Check how the GALA reach my targets in the previous idea!
Gala Games is still in the big accumulation range and it`s nice for upcoming growth.
📊 Preconditions to open a long now:
🔥return to the $0.58-0.62 value area
🔥huge whales buy limits at DOM and Footprint. We can open our longs with the big players and set short stop loss to get highest RR
🔥volume growth which also confirms the big players pressence
🔥squeeze to the trendline
🔥bullish BTC sentiment which push the GALA up
I think the Game-Fi such GALA, GMT, MANA etc still will have grea attention by retail traders and pump by hundreds %.
🚩The targets:
1. $0.79-0.84 - the closest value area
2. $0.103 - the key level
💻Friends, press the "like"👍 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 Testing Bearish Order BlockBeautiful tap of the bearish OB with two wicks to the top, while candle closes at the bottom of the block (red).
Now stuck between May low as support this time now, albeit not very strong support though (not tested much).
Expecting chop in this area until ETH makes a decision.
Stay frosty!
Gala forecast and signalPlease pay attention!
First: Trades have a time frame, and in this case, it's from now until the next 12 hours. (You can also see it in the diagram)
Second: You can see the entry price in the chart.
So for this one, the trade is activated when the price reaches and crosses 0.06865 USDT
tp:0.07280
sl: 0.06635
Before the price crosses the mentioned place, the trade position is not active.
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GALAUSDT 1D Where you can safely buy GALA to earn afterBefore you are a global chart of the GALAUSDT trading pair
The downward trend has been going on for almost 9 months.
The chart shows the first signs of a possible break and change in the trend of the GALA price movement to up.
However, the truth will be that there is no aggressive confirmation that in the future there will only be an increase in the GALAUSD price. The GALAUSDT price is still moving in a falling channel and rather weakly approaches the liquidity zone of $0.070-0.080
Based on what we saw on the GALAUSDT chart, we made the following conclusions for ourselves:
+ a confident long after the GALA price can break through the channel upwards and secure itself above the liquidity zone of $0.070-0.080. The entry will be +/- the same price as it is now, but on the risk side, the entry point will be much more certain.
A similar situation was earlier on the MATICUSDT chart
+ if the growth in the cryptocurrency market is ending now, and then a correction begins, and maybe an update of the minimum, then nothing will be able to prevent the GALAUSDT price from falling to $0.035. If you believe in the prospects of this project, you can place a pending limit order at $0.035 and wait for happiness in the form of filling this purchase order)
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GALA - WILL BE PROFIT !!!Simple idea, everything is on the graph.
What do you think? Can RSI and trend keep going up along with the price?
GALAUSDT AnalysisHello friends.
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Everything on the chart.
I think that we will see the final decline to the 0.035-0.04 zone, I recommend buying the asset there, the first serious resistance will be 0.068 and 0.08.
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions.
GALAUSDTGALAUSDT price is in the strong support zone. Expect the price to have a chance to reverse. We should open trades at the price level. 0.04771-0.06809 first target 0.10762 and 0.16433
If the price can break through the 0.16433 resistance, we will see a pumping. >> GooD Luck 😊
🔺Stop loss 0.01923