GALA Primed For More Upside In Crypto - How To Buy The DipsThis current dip on GALA will be the last best buying opportunity for it's current trend.
Crypto is famous for running flat corrections that make higher highs and higher lows. In fact, it's the most popular type of correction in all bull markets.
These types of corrections leave traders chasing after price as they are uninformed on how to take advantage of them.
In this video, I share how to buy the dips on GALA starting with this one. I share two trade setups with two different strategies and clear step by step conditions that need to get met in order to execute this trade.
Let me know in the comments if you agree or disagree with the upside I'm projecting. Do you think these trades will work out?
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GALAUSDT
GALA Games - All Time High sooner than we think by CryptoVatsikHi everyone,
GALA games will hit an ATH sooner than we think, imho.
As the bullrun heats up, altcoins will fly faster than we can responsibly manage. With that said, in my opinion GALA has not yet reached its expansion zone, yet.
GALA has recently flipped the green baseline area, which is bullish. I'd expect a reasonable, healthy, and logical correction toward green in the coming weeks.
We are currently trading in active HTF resistance (red) and I don't expect it will be easily flipped, perhaps I am wrong! We should at least get some consolidation over the coming week(s) imo.
Either way, once that resistance is flipped, I believe we will see significant expansion to 0.20c and above.
This is a long setup, yes, however with expected short term downside, so please do not immediately long GALA based on this post and analyze carefully.
Cheers!
Vatsik
GALA price sets the pace and direction for the "gaming industry"GALA is the "hardest" gaming coin that has now woken up and is showing growth. "The heaviest" because its capitalization is now $2.75 billion and if you look at the GALAUSDT price chart "globally", these are still lows.
Or perhaps it is a signal from "MM" that it has enough capital to back such "difficult" projects and imagine what can happen to the price of gaming projects with a capitalization 10-20 times lower?)
What do you think about this? Write in the comments.
ATH - GALA is still very far away, and the capitalization of the project there can reach $30 billion, which is already a considerable amount.
So for now, let's look at more mundane targets for GALAUSDT.
Right now, buyers have stopped at the level where the last portion of the shorts' stops is probably hidden - $0.09.
Breaking these stops could easily push the GALAUSD price to at least $0.10-0.115.
And then, either hyper-acceleration to $0.24-0.25 or the start of a correction. And frankly, the second option is more to my liking.)
#GALAUSDT LONG#GALA
The price has been moving in a downward channel since June 2023
This descending channel was broken upward
It is expected that the price will continue to rise with the support of Moving Average 100
The current price is 0.02625
The first target is 0.02830
The second target is 0.4770
The third goal is 0.06279
Beautiful Crazy Gala :DHi everyone
Gala needs to stop at this level only if it don't want to lose more of its value (30-60%).
look at this trend line from the top which is 45 angle which can work as a support related to Gann's theory.
Also , It is now on very important trend line ,which I think it is the first good buy area.
But u should take in consideration that Gala can break down this trend line and going to the lower buy areas (Green levels) depending on BTC's Moves.
So, if I have 1000$ , I will buy 33% here and the rest on those green levels if we reached them.
Good luck.
Disclaimer: This article is for informational purposes only and not financial advice. Conduct thorough research and consult with professionals before making investment decisions.
Good luck.
Gala ideaBINANCE:GALAUSDT
Absolutely, buying GALAUSDT above $0.074 could be a strategy, placing your order slightly above the maximum price in the last 6-hour candles. This aims to capitalize on a potential breakout if the price surpasses resistance.
Here are some things to keep in mind:
Market Volatility: Cryptocurrency markets can be very volatile, so there's always a chance the price could drop instead of rising. Setting stop-loss orders can help mitigate potential losses.
Technical Indicators: While the past price behavior can be informative, it's not a guarantee of future results. Consider using other technical indicators alongside price action to strengthen your trading strategy.
Market Trends: Understanding the overall trend can be helpful. If the general trend is bullish, a breakout above resistance is more likely.
Remember, this is not financial advice, and it's always recommended to do your own research before making any trades.
Galausdt .... Tecnicall analyst Gala ,, is in its long-term uptrend, and now it owes us another bullish wave, I marked the targets on the chart. It means that it can be analyzed in this way, that it is now in its ascending wave 3, after the weakness of the trend, it will enter the corrective wave 4, and then it will enter another ascending wave. In fact, it can go up to 90, enter the corrective phase or corrective wave 4 there, and then continue its upward trend after going down, and go up to 13. But if it is corrected from here, the strategy will be slightly different, it can climb to higher areas after correction, in both cases, the commodity is doomed to climb.
#GALA/USDT#GALA
The price is moving in a descending channel on a 4-hour frame
Supported by the breakout of the Moving Average 100 and bullish momentum
It is expected that this descending channel will be broken upward
Current price 0.02771
First target 0.02910
Second goal 0.03151
Third target 0.03350
The fourth target is 0.03549
GALA: sel in orderblock📊Analysis by AhmadArz:
🔍Entry: 0.0459
🛑Stop Loss: 0.0479
🎯Take Profit: 0.0437-0.0419-0.0402-0.0384
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💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
🎮 GALA Gaming Narrative Trade Setup! 🚀🎮📊 Analysis:
Gaming Narrative: The gaming narrative is gaining momentum, potentially impacting GALA.
Testing Support: GALA is currently testing support, offering an entry opportunity.
Buy Zone: Enter a spot trade in the support area between $0.04275 and $0.045.
Take Profit Strategy: Consider taking profits at the next resistance zones, either $0.0485 - $0.0525 or $0.058 - $0.063.
Stop Loss: Set a stop loss just below the $0.04 level for risk management.
🌐 Note: Monitor the broader gaming and crypto market trends for additional context.
GALA/USDT Keep an eye backtest on the demand, Could GALA Bounce?💎 GALA has recently displayed noteworthy market dynamics, experiencing rejection and potentially retracing back to test the demand area around $0.038.
💎 If this retracement holds, there's a probability that GALA will bounce from the demand area and resume its upward movement toward our target zone.
💎 However, should GALA fail to find support at the demand area and instead break below it, the next significant level to watch for is the support area.
💎 GALA needs to bounce from the support area and reclaim territory above the previous supply levels if it intends to maintain its upward trajectory.
💎 Failure to do so could confirm a reversal back to a bearish trend, potentially leading to further downward movement in price.
GALA/USDT Technical Analysis:
GALA/USDT Technical Analysis:
Current Situation:
Current Price: 0.04336 USDT
Breakout above Resistance at 0.04200 USDT
Analysis:
A significant breakout above the 0.04200 resistance suggests bullish potential.
The previous support zone at 0.04200 may now act as a key support level.
Trading Objectives:
Long Position:
Entry Price: 0.04336 USDT
Target: 0.04710 USDT
Stop Loss: To be determined based on acceptable risk level.
Short Position:
Contemplated if there's a reversal or bearish signals.
Profit Target and Stop Loss to be defined based on real-time analysis.
Note:
Trading involves risks; ensure proper risk management.
Monitor market developments and adjust your strategy accordingly.
Good luck with your trades. Make sure to closely monitor market movements for informed decision-making.
GALA/USDT Could GALA bounce from here and Break the resistance ?💎 GALA has recently witnessed noteworthy developments in the market. Currently positioned in the demand zone, a positive indication would be a daily close candle with a bullish rejection, signifying the potential for a price rebound and sustained momentum.
💎 The subsequent target lies in the resistance area, and for GALA to sustain its upward trajectory, breaking out of this level is crucial, probability facilitating an easy path towards our targeted strong resistance area.
💎 However, if GALA fails to exhibit a bullish candle rejection, there's a likelihood of retracement to the demand zone. It becomes imperative for GALA to maintain this area, as a breach would prompt a shift back to a bearish sentiment, leading GALA into a downward movement towards the robust support area.
GALA/USDT Bracing for a Bullish Reversal from Key Support?💎 Paradisers, prepare for an exciting turn in #GALAUSDT, as it's on the brink of a bullish leap from a pivotal support area.
💎 Diving into #GALA's recent actions, we're seeing signs of a potential bullish shift right after facing a hurdle at $0.03669. Now, with #GALA hovering around the strong support level of $0.02081, holding firm here could trigger an energetic bullish wave.
💎 Eager to seize every opportunity? If #GALA dips below $0.02081, we're looking to bounce back from an even lower support at $0.01690. Dropping further could lead us to rethink our bullish expectations.