Galausdtanalysis
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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Is GALA on the Verge of a Breakout or a Breakdown?Yello, Paradisers! Could this be the breakout moment we’ve been waiting for? Let’s dive into #GALAUSDT’s latest move!
💎#GALA is currently trading within an ascending channel, showing a gradual upward trend since the lows of August 5th. The price is now facing immediate resistance between the $0.0172 and $0.0180 levels, a zone that has been tested multiple times in recent days. Despite these attempts, GALA has struggled to break through.
💎If the bulls manage to push past this resistance, we could see a strong breakout, potentially propelling GALA to the $0.01920 to $0.01985 range. This upper resistance aligns with the ascending channel’s top boundary, making it a critical zone where strong profit-taking is likely.
💎In a bullish development, GALA has managed to break above the 4-hour EMA-50 level for the first time since July 22nd. This could indicate further upward momentum in the near term.
💎On the downside, the EMA-50 at $0.02475 is currently the primary support level. Below that, the ascending support around $0.01580 is crucial. Losing this level could trigger a possible double bottom formation, which would be bearish for GALA.
Stay disciplined, Paradisers! Keep a close watch on these levels and be ready to act when the opportunity arises. Remember, patience and strategy are your best tools in this market.
MyCryptoParadise
iFeel the success🌴
GALA: strat bullish trend ?📊Analysis by AhmadArz:
🔍Entry: 0.04548
🛑Stop Loss: 0.04265
🎯Take Profit: 0.04847 - 0.05102 - 0.05434 - 0.05813
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GALA: pollback📊Analysis by AhmadArz:
🔍Entry: 0.04496
🛑Stop Loss: 0.04286
🎯Take Profit: 0.04741 - 0.05022
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GALAUSDT 1D analysis.Hello, friends!
This is ESS team.
LOOK this chart that we expect some.
After a BIG rise, GALA is making a berish extended wave.
The BLUE 5D uptrend line is where GALA needs to be supported in order to rise.
If this trend line is supported, and rise up,
and then, If the upper end of the extended wave is also retested after the breaking upward,
the GALA will fly once again.
Unfortunately, If the blue uptrend line is retested after breaking through due to the strong sell-power, it could drop to the bottom of the extended wave.
GALA: buy by risk
📊Analysis by AhmadArz:
🔍Entry: 0.04723
🛑Stop Loss: 0.04132
🎯Take Profit: 0.05159 -0.05665 -0.06041 -0.07028 -0.07653
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$GALA 55% SHORT-TERM GAIN | TREND TO WATCHI am currently watching this short-term GALA downward trendline waiting for some sign of a break out before entering a long position. This will most likely be confirmed or cxled in a couple days to weeks depending on Bitcoin's price movement. Lowest entry could lead to a quick 55% spot gain. Set your alerts. This would be a continuation of the long-term trend breakout which I posted about previously.
GALA: buy in wedge📊Analysis by AhmadArz:
🔍Entry: 0.06513
🛑Stop Loss: 0.06354
🎯Take Profit: 0.06674 - 0.06832 - 0.07012
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Gala/Usdt Looks Promising For Breakout Gala/USDT is currently showing signs of attempting a breakout on the 4-hour timeframe. If it successfully breaks above the trendline resistance, there is a potential for a 30-60% bullish move in the short term. Please note that this statement is not financial advice, and individuals should conduct their own research and analysis before making any investment decisions.
GalaUsdt Idea Gala/Usdt
It is anticipated that Galausdt will experience an upside breakout in the near future; however, it is premature to make a definite prediction. The prudent approach would be to observe and wait for a confirmed breakout before drawing any conclusions. If the breakout happens successfully, there is a possibility of a 30-50% increase in bullish sentiment. Please note that this information is not financial advice.
🎮 GALA Gaming Token Trade Setup 🎮
📉 Analysis:
Token Overview: GALA, a gaming token, has seen strong performance but recently corrected.
Market Context: Anticipate a relief bounce pending stability in BTC, which could affect GALA's movement.
Risk Consideration: This scalp trade is high-risk due to BTC's influence; tight stop-loss is crucial.
📊 Trade Setup:
Entry Point: Consider a long spot trade within the $0.058 - $0.065 support zone, pending BTC stability.
Target: Take profit at $0.07, with the next resistance at $0.08.
Stop Loss: Set a tight stop loss just below $0.056 to manage risk effectively.
📈 Note: Given the speculative nature of the trade and its dependency on BTC's movement, closely monitor market conditions and adjust the strategy accordingly.
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.)