GALA/USDT 1D UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#GALA/USDT MAKING THS triangle pattern and lying on very strong support.
ENTRY- $0.215 - $0.206
TARGET- 100%
SL- If it breaks and closes below the $0.203.
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GALAUSDT
GALA at the apex of the bigger Symmetrical triangle Here's a quick look at GALA 12 hr chart. As we can see, the price has printed a bigger symmetrical triangle and we could see a break to either sides soon. Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle (Approx. 0.232$) with good amount of volume .
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The idea is: Buy when the price breaks above the symmetrical triangle (Approx. 0.232$) and take profits at the levels shown in the chart.
Targets:
1. 0.29$
2. 0.35$
3. 0.4$
4. 0.475$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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GALA close to support 🚀Based on the chart, the price is close to support area and trend line ✔️
we can see more gain from the support zone 🚀
if
the price breaks the trend line to the upside, we can see more gain 🚀🚀
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
GALA/USDT 2 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
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 an
LONG #GALA/USDT
ENTRY: CMP AND MORE ABOVE $0.2125
TARGET: $0.0224 - $0.234 - $0.242 - $0.25 - $0.262 -$0.274
SL: $0.21
LEVERAGE: 5X to 10X
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
GALAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has hit the resistance line several times and was rejected. If the price is rejected again, it will fall down to the support zone. If the resistance line is broken, the price can go up to its next resistance zone.
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
GALA to make full recoveryI expect GALA to either continue correcting towards 0.15-0.16 and create an upwards momentum or if BTC doesn't go down more from it's current level then a quick recovery is in the works. I believe this coin is very undervalued at the moment. DCA down for spot hodling or watch for confirmed break out when trading.
Remember this is my on personal view and analysis. Rely on your own research before taking any trades.
GALA: Elbows up. In my previous idea about GALA I presented a bullish scenario. My ideas are still the same. It was nice to see the wick bounce off the daily level. When trading alts its always a good idea to take a look at Bitcoin's PA. I'm still cautious and being conservative with SLs in this range.
We've got our elbows up on the 4hr MACD and I'm looking to see if I can get to any of my TP areas.
Enjoy your weekend,
GALA - can follow this buying timingBYBIT:GALAUSDT
1H trend chart
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GALA is consolidating and accumulating right now.
And there is a downtrend keeps resisting the price.
So if GALA can break out the downtrend line, we can open long and trading strategy as below.
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Profit Targets:
a) 0.27457----Fib(1)
b) 0.29703~0.30611----Fib(1.272~1.382)
c) 0.32559----Fib(1.618)
Stop losses:
a) Depend on the pattern
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Will Gala break 0.35?20th - 21st of Feb saw the "death cross" with the 50 EMA and 100 EMA crossing under the 200 EMA line.
A falling wedge pattern at the base of the decending channel also suggests that a reversal may occur in the next week.
If we can close a daily candle above 0.350 then 0.468 and 0.54 are my next targets.
RSI at 53
TS ❕ BTCUSD: shorts remainShorts are saved for this coin. The target is the same at the level of 42613.30.
SELL scenario: Most likely all shorts are relevant from current prices. However, you can wait for the price to approach 45484.25 and start selling.
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Remember, there is no place for luck in trading - only strategy!
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