GALA price is lurking to surprise us?)Those who hold #GALA can only wait for the "heavier" coins to start growing as well.
Those who want to buy OKX:GALAUSDT should wait for a breakout and consolidation above the trend line.
✔️ It should have grown to at least $0.34
😱 But holders' dreams are at least $1-1.10 (a nostalgic memory, because it was from this range that the x10 price pumps of #GALAUSD began in 2021 ;)
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GALAUSDT
#GALA/USDT#GALA
The price is moving within a descending channel pattern on the 1-hour frame and is expected to rise after it has been largely committed to it
We have a downtrend on the RSI indicator that is expected to break upwards and we have a tendency to stabilize above it
We have a major support level in green at a price of 0.01800
We have a tendency to stabilize above the moving average 100
Entry price 0.01850
First target 0.01955
Second target 0.02060
Third target 0.02176
Potential bottom on Week TFGALA at potential bottom after at least 3 impulse waves down (at week chart). Feels like even in the worst scenario bounce to ~0.03 is something that should happen in any case once correction to those 5 bearish months starts.
Bullish scenario would be return back to 0.06 as it plays role of the top of that HTF range. And where is the top, there is a chance for breakout ;)
GALA LONG ✉️ Pair: GALAUSDT
📈 Direction: Long
💯 Leverage: Cross 5X - 10X - 20X
📊 Entry 1: $0.01830
📊 Entry 2 (DCA): $0.01500
✅ Target 1: $0.03200 (I recommend selling 20-30% of your position)
✅ Target 2: $0.03800 (I recommend selling 20-30% of your position)
✅ Target 3: $0.04500 (I recommend selling 20-30% of your position)
✅ Target 4: $0.05200 (I recommend selling the remaining position)
⛔️ Stop Loss: $0.01400
GALA is trading within a descending channel and nearing a key demand zone. The price is testing a critical level around $0.01830, which could lead to a significant bullish breakout if sustained momentum is achieved.
If the price manages to break above and confirm the breakout of the descending resistance, it could signal a trend reversal. In this case, entry is recommended at $0.01830, with a second buying opportunity (DCA) at $0.01500.
The targets are set based on potential recovery and trend reversal:
Target 1 at $0.03200 reflects a significant initial resistance. I recommend selling 20-30% of your position at this level.
Target 2 at $0.03800 and Target 3 at $0.04500 are higher resistance levels that could be reached during a positive trend. I recommend selling 20-30% of your position at each of these levels.
Target 4 at $0.05200 is a more ambitious long-term goal, considering a complete reversal of the descending trend. I recommend selling the remaining position at this level.
The stop loss is set at $0.01400 to limit risks in case of further decline below the major support level.
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GALA Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
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Now, let’s dive into this chart analysis:
INDEX:GALA is currently showing a rebound, holding support at $0.0205, and it is likely to rally once we see a breakout and close above the $0.033 resistance trendline.
The 35 EMA is acting as the primary resistance for GALA, and it must break above it to continue the rally.
Key levels:
- Crucial Support: $0.0205.
- Primary Resistance: 35 EMA ($0.02565).
- Resistance Trendline: $0.033.
- Target: $0.0867.
- Invalidation Point: A close below $0.0205.
DYOR, NFA.
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#GALA/USDT#GALA
The price is moving below a downtrend on a 1-hour frame, and the trend is being tested now and is about to break to the upside.
We have a bounce from the green support area at 0.001900
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.02000
The first target is 0.02370
The second target is 0.02600
The third goal is 0.02870
GALA — Oversold RSI, Local Bottom → 16% Upside PotentialGALA found a local bottom at $0.027 and printed a reversal candle on the daily chart. Additionally, the RSI and Stochastic Oscillator hit oversold levels.
Moreover, the crypto token performed well during Bitcoin's dip yesterday.
Therefore, it is likely that GALA will enter a bullish direction. The next resistance is $0.032, resulting in a 15%-16% profit potential.
Historically, the oversold RSI on the daily chart resulted in some pretty solid gains: Out of 62 signals, GALA pumped more than 10% in 82%.
GALA - Has potential - Buy in SpotBINANCE:GALAUSDT (1W CHART) Technical Analysis Update
GALA is currently trading at $0.02823 and price is retracing after breaking out from the resistance line, since the price had significant retracement, i'm expecting this support line to hold and bounce back from it. This gives a good opportunity for long trade,
You can either buy in spot market or in future with low leverage (minimise your risks)
Entry level: $ 0.02435 - 0.02817
Stop Loss Level: $ 0.01399
TakeProfit 1: $ 0.03599
TakeProfit 2: $ 0.04789
TakeProfit 3: $ 0.06562
TakeProfit 4: $ 0.13133
TakeProfit 5: $ 0.28521
Max Leverage: 2x or Spot
Position Size: 1% of capital
Remember to set your stop loss.
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Cheers
GreenCrypto
#GALA/USDT#GALA
The price is moving in a bearish channel on a 4-hour frame and is holding it strongly and is about to break it upward
We have a bounce from the green support area at 0.02660
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.02800
The first target is 0.03500
The second goal is 0.03284
The third goal is 0.03565
#GALA/USDT#GALA
The price is moving in a bearish channel on a 4-hour frame and is holding it strongly and is about to break it upward
We have a bounce from the green support area at 0.03100
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.03290
The first target is 0.03630
The second goal is 0.03888
The third goal is 0.04192
Next resistance area at $0.0400GALA recently tested the support area at $0.03380, which acted as a strong level of buying interest, causing the price to bounce from this level. This rebound indicates that buyers are stepping in to defend the support, suggesting potential bullish momentum. As a result, we may see the price continue to rise towards the next resistance area at $0.0400.
GALA - Ranging market giving LONG Trade opportunityBINANCE:GALAUSDT (12H CHART) Technical Analysis Update
GALA is currently trading at $0.03845 and price has hit the support, price has been in the ranging market for more than a month. I'm expecting the price to bounce back from the support and hit the resistance zone. This will give a nice profit in a long trade.
Entry level: $ 0.03846
Stop Loss Level: $ 0.03482
TakeProfit 1: $ 0.04046
TakeProfit 2: $ 0.04201
TakeProfit 3: $ 0.04470
TakeProfit 4: $ 0.04930
Max Leverage: 5x
Position Size: 1% of capital
Don't forget to keep stop loss.
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Cheers
GreenCrypto
GALA: strat bullish trend ?📊Analysis by AhmadArz:
🔍Entry: 0.04548
🛑Stop Loss: 0.04265
🎯Take Profit: 0.04847 - 0.05102 - 0.05434 - 0.05813
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💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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GALA ANALYSIS🚀#GALA Analysis :
🔮As we can see in the chart of #GALA that there is a formation symmetrical triangle pattern. Also there is a perfect breakout. But there is an instant resistance zone and if #GALA sustain this breakout and also breakout the major resistance zone then we would see a bullish move📈📈
🔰Current Price: $0.04740
🎯 Target Price: $0.08253
⚡️What to do ?
👀Keep an eye on #GALA price action. We can trade according to the chart and make some profits⚡️⚡️
#GALA #Cryptocurrency #TechnicalAnalysis #DYOR
GALA/USDT Has Broken Out of Symmetrical Triangle | What's Next? 💎#GALAUSDT has impressively broken out from a Symmetrical Triangle and is now testing a pivotal level where resistance has transformed into support. The Point of Control (POC) of the VRVP Channel solidifies this support, enhancing our bullish outlook.
💎If #Gala holds this retested support at $0.0373, we expect a vigorous rally fueled by the momentum at this critical juncture.
💎Conversely, if INDEX:GALA loses its grip and retreats below this newfound support, it might signal a resurgence of bearish trends, pointing to a possible descent to the next vital demand zone at $0.0336. This level is renowned for its liquidity and history of triggering strong bullish recoveries.
💎If #GALA revisits this demand zone, securing a strong rebound is essential to sustain support. A failure to rebound might amplify bearish forces, deteriorate market sentiment, and lead to further price declines.
💎Keep your trading strategies flexible and your senses sharp, Paradisers. Your ParadiseTeam is closely monitoring the market, ready to navigate you through the dynamic developments in the #Gala market.
MyCryptoParadise
iFeel the success
GALA bullish or bearish?Looking for a break out of this triangle i’ve drawn up. Resistance and support seem to be around 0.051 and 0.035. I’m feeling over all more bullish since a lot of weekly stoch rsi have reset now in the broader crypto market. That’s just one of many indications though. Anything could happen. If we don’t pop soon. Then more side ways is unfortunately underway. Also looking for quick wick down before possible rocket reverse. We still need more new crypto buyers and less negative media to get a party going.
Also… The 12 hr for GALA looks like an inverse bart simpson pattern. Since it’s formed a solid bottom with inefficiency in the opposite direction. Time will tell for how strong GALA is though. I’m long around here 0.044 looks convincing. I’d be pretty concerned if we loose the big support around 0.036 though.
Let’s see how this plays out this week.