GALAUSDT
BE CAREFUL IF YOU ARE HOLDING GALA.Hey guys, here's a quick update on GALA/USD. Please note that I am not sharing any trade setup on GALA. This update is based on T.A and chart patterns.
Timeframe: 6 hours.
Update: GALA is under a head & shoulder pattern which is technically a bearish pattern. It has already broken down below the support level and is currently in the retest zone. There is two main resistance holding GALA to break through- 1) 21 MA Resistance presently at $0.04941. 2) $0.05245 Resistance trendline.
With the recent rally in BTC, there weren't a lot of changes in GALA's price.
Invalidation Point: The only invalidation level for GALA is $0.05245 resistance (previously support). If GALA break through this then the trend will get reverse and GALA will rally high.
Conclusion: If you are holding long on GAL then keep your SL tight and if you are short on GALA then keep an eye on the mentioned resistance level.
Trade safely, guys.
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GALAUSDT Breakout of the wedge can bring your deposit 16%Hello everyone
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Let's move on to new ideas for GALA
On the falling wedge formation chart, the price is approaching the test of the upper border of the pattern, we expect a limited break to the true resistance, the trade is 16%
It is also recommended to pay attention to Bitcoin, if this is a passenger quick squeeze, we advise you to set a take on the car.
GALA HAS POTENTIAL TO PUMP 170%!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
BUY GALA/USDT ON THE SPOT
GALA is making this falling wedge pattern
If you average- use below 5x
Entry range:-$0.0434 to $0.04444
Target:-160%
Short Target:- 50%
SL:- If any candle close below the lower support of this wedge pattern
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Gala - Bears are at danger!Reasons to take long:
⭐️ BTC bullish
⭐️ Trendline is 38 days old
⭐️ Trendline is clean
⭐️ In the end of local formation
⭐️ Slowly squeezing to the trendline
⭐️ Stoplosses hidden behind pinbar
⭐️ 4th touch
⭐️ 50 ATR
⭐️ Over VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
📊GALA is going to break the trandline! Here is entry point.The big player continue to accumulate GALA and hold it. Such amount of volume at the bottom confirm✅ for us that buyers are continue to buy GALA.
Additionally, after the breakout of the $0.49 local low and key level the volume grow. It`s also mean that the whales collect liquidity for their long positions. A lot of traders place the sl below the KEY level and all of them were trigerred.
This is good for us traders who are patiently waiting for the best entry point and let us opportunity to make good %%%.
📊You have to see this preconditions to open a long:
🔥squeeze to the trendline
🔥local manipulation with sl hunting and liquidity collections. The volume should grow. It shows us the pressence of buyer
🔥BTC bullish sentiment which push the altcoins up
🚩The targets:
$0.59 - key level (+25%)
$0.7 - key level (+50%)
$0.79-0.85 - value area (+63%)
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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.
GALA/USDT : Right above the last local support BINANCE:GALAUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$GALA has formed a local bottom at $0.05 and the local low is at $0.049.
The current structure has some similarities to our recent $ADA's chart on 12H TF which has given us more than %50 profit.
Now if we compare the movements, We can see that If $GAL breaks below $0.049 with a hold, Then you can locate your Short towards $0.03.
📚 Most of our current calls have higher than 2.5R and it's good to trade, But all you need to know is, That as we're trailing stop-losses to entry after 0.5R profit, Then you need to focus on your accuracy; You need at least 52% accuracy and the golden accuracy for our strategy is to hold it above %60!
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Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
GALA: READY FOR A RALLY!!!GALA/USDT Trade setup:
GALA is at the support and I am expecting a rally from the current level. All we need is GALA to stay above $0.04975.
Best entry: $0.04975 to $0.05279.
Stop Loss: $0.04786.
Targets:
$0.05579
$0.06024
$0.06573
$0.07109
We will accumulate this coin under the buying range with 5x to 10x leverage. Do not forget to use SL.
Up or down, this is the issue !!! (GALAUSDT)Hello friends, your day is profitable
If the downtrend line is broken upwards, the possibility of a price increase to the blue range ($ 0.06386) is not far from the mind.
Do you think the trend is changing and going up, or is the downtrend continuing and the price range of $ 0.04996 will be lost?
GALA - Crypto Steam isn't attractive for public?🧐Reasons to take short:
⭐️ BTC bearish
⭐️ Level is 20 days long
⭐️ Price close to historical lows
⭐️ Pullbacks are getting smaller
⭐️ Price is squeezing to the level
⭐️ 4th touch
⭐️ 40 ATR
⭐️ Under VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
(GALAUSDT) Update 📈📉HEY, Sup Guys and Girls?!
Since Jan 28, 2022, when I posted the last analysis for Gala Game, after a little swing around the previous pivot zone, finally by losing the pivot zone and then the support zone , it has fallen sharply to date and reached the support line. ( 78% (1x-short)).
So now as you can see on the daily timeframe for galausdt , although the overall trend of crypto market is still bearish and gala price can decrease more in this descending channel and drop on the lower support levels but it is already trading on the support line , it can have a growth in the short-term and retest current pivot zone or upper trend line of descending channel ,which in this case I consider it as a pullback to these higher key zone , thus it can fall again on the lower zones again ,but otherwise if it be able to breakout the current pivot zone so it'll easily can rise to higher resistance zone or vwap line .
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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