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GALAUSDT

GALA could be due for a correctionGALA had a huge massive runup from .10 to .70, a 7x gain in a short amount of time, so its looking like it may have topped out for now. Its Galaverse conference is over, and typically we see a "buy the rumor, sell the news" event in these cases. GALA is under its 8-day and 21-day moving average on daily timeframe, with 8-day below the 21-day. It tried to re-gain some upward momentum and has been in this uptrending channel but broke down out of it. As of right now I see this possibly retesting any of the 3 support/demand zones outlines below. A move higher back into the channel would change my mind and flip back bullish
Short
by dagenn99
5
GALA in falling wedge#GALA/USDT $GALA is inside falling wedge pattern, and now is at support zone that if hold it and head up to break out the upper line of wedge it can increase to touch resistance zone around $0.57 and $0.6. it is possible that price drop to touch the lower line of wedge, then start its rally to break out from wedge. in long term #GALA can increase toward $1. break below the lower line of wedge that is the same with long term support zone around $0.3692 will invalid this analysis.
by parissap
GALAUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. There is an S1 line which is now the support line and was previously acting as the resistance line. The price broke the S1 line and hit the R1 line, could not break it and made a pullback to the S1 line and currently is fluctuating above the S2 line. We expect it to rise back up to the R1 line but there is also the possibility for the price to go below the S1 line which would change the scenario into bearish which is less likely. 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
by MarsSignals
2
UPDATE: GALA UP 725% after bull signal - 280% more to come?Please Like or Follow if you enjoyed this content. UPDATE: The price went sideways for a while before the big pump in Nov. Making a whopping 725+% after the bullish "Supertrend Ninja" signal in Nov 2021. That's a life changing trade for many people. Currently the price seems to be in a range as well. Using Fibs there is potential gains of 280% around 1.62 USDT. Then again if we drop here, it could be as painful as 75%. Currently we are testing support, RSI is in an accumulation zone. Another small drop here before making a bull run, or continue moving sideways in the range wouldn't surprise me as well. GALA is a trade that definitely needs some proper risk management. Personally I would wait for the 'Supertrend Ninja' signal to turn bullish first. It might take days or weeks. Generally this indicator gives around 2-8 bullish signals a year. Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using the indicator "Yo Show Me Some Support - and Resistances". Pun intended. Thank you for reading. Namasté 🙏 What Indicators Do I Use: In the chart I am using my "Supertrend Ninja indicator", which is a trend-following indicator (Green and red vertical line with arrows). When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend. With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "Heikin Ashi Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop. Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
by Kch28
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by MR_Crypto_Theekshana
1
SXPUSDT Daily TA : 01.01.22 : $SXPAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ... Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 01 . 01 .2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
3