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GALAUSDT

LONG GALAUSDT Education"Symetrical triangle with breakout to the up side. Breakout from the triangle occurs. 54% of all cases this breakout is upward. However, these types of triangles may show many false breakouts, which urges traders to pay a little more attention and to act with caution. Always wait for confirmation. DISCLAIMER The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product. Happy new year.
Long
by CryptoTraderRetired
GALA Loading up for a big move!Here's a quick Look at GALA 8 hr chart. As we can see, the price has printed a bigger falling wedge and we could see a break to the upside soon! The price action depends on BTC and if BTC doesn't cooperate, then GALA won't manage to build bullish momentum. Keep an eye on this falling wedge! The best entry would be, when the price breaks above the falling wedge with good amount of volume . ------------------------------------------- The idea is: Buy when the price breaks above the falling wedge and take profits at the levels shown in the chart. Targets: 1. 1100 sats 2. 1180 sats 3. 1300 sats 4. 1460 sats ------------------------------------------- What Is a Wedge in the context of trading?: "A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. Key Takeaways for Falling wedges: 1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods. 2. The patterns may be considered rising or falling wedges depending on their direction. 3. These patterns have an unusually good track record for forecasting price reversals." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
6
GALAUSDT Daily TA : 12.30.21 : $GALAAll 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 📅 30.DEC.2021 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
1
GALA the beginning of a new uptrendGALA has been in a downtrend for more than two months. It is only now showing signs of a new uptrend. It is also worth highlighting that a technical pattern - a symmetrical triangle - has formed on the chart. And the price has broken through the upper boundary of the pattern, which is a positive signal for the continuation of the uptrend. According to the rules of the pattern, target = height of the triangle. We don't know if the price can reach this target, it is important to analyze the bitcoin's performance, as all altcoins are correlated to bitcoin .
Long
by hshirkhan
GALA, the end of a correction and the beginning of a new uptrendGALA has been in a downtrend for more than two months. It is only now showing signs of a new uptrend. What positive signals can be seen on the chart? - A correction of more than 50% from the high - A long consolidation - Breakdown of the trend line - Local formation of higher highs and lows It is also worth highlighting that a technical pattern - a symmetrical triangle - has formed on the chart. And the price has broken through the upper boundary of the pattern, which is a positive signal for the continuation of the uptrend. According to the rules of the pattern, target = height of the triangle. We don't know if the price can reach this target, it is important to analyze the bitcoin's performance, as all altcoins are correlated to bitcoin. It is important to note, we did not buy or hold this coin in our portfolio. This is just a technical chart analysis at the request of our subscribers. Personally, we buy altcoins for no more than 20% of our total capital and hold our coins in the medium term. As practice shows, this is the best way to trade. We trade bitcoin using our trading indicators for all of our principal capital. You can see more details in past ideas. Sometimes we share signals, if you want to receive them, we advise you to subscribe to our trading view and other platforms, all links below, in the comments leave your questions and the name of the coin you want us to analyze. 💚
Long
by AlexWhale
GALA and MANA - Buy both with these TP/SL on Christmas!🎄🎁🚀GALA met 1H Vegas tunnel strategy. MANA met 4H Vegas tunnel strategy. (at blue arrow) Time to buy them with TP/SL as charts. Also, 🎄Merry Christmas and hope you have a great profit here!🚀 - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW