GALA price is on the verge before a big increase The GALA price is probably tamping the "bottom" now.
If we look at the full trading history of GALAUSDT and apply Elliott Wave Analysis, we get the following:
(1) a sharp wave of growth occurred in early 2023 and brought the GALA price out of a prolonged downward trend.
(2) a protracted six-month correctional wave in the A-B-C format probably ended in June 2023
(3) the 3rd wave, which is considered to be the largest/longest, is probably just emerging.
The GALAUSD price has a tough upward path ahead.
$0.07 is a strong mirror level, above which a dense liquidity zone begins.
We currently assume that the GALAUSDT price will be able to rise to $0.11-0.13 in a few months (x5-x6 from the current price). However, depending on the growth pattern, pace, and other inputs, the targets from above may be recalculated. In this case, we will update the GALAUSDT idea.
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Galausdtanalysis
GALXE short setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Gala Another Breakout Galusdt
Descending Channel breakout & Successful retest already confirmed as expected
Formed symmetrical triangle pattern on daily time-frame incase of another succesful breakout expecting 60-100% Bullish move incoming days
Wait for confirmation, risk under your control and always do your own research
Galausdt Double Breakout Galausdt
Galausdt has been showing a symmetrical triangle pattern on the 4-hour time-frame, and the breakout of this pattern has been confirmed. This breakout can be seen as a bullish signal, indicating that the price may continue to rise in the short term.
Moreover, there is another symmetrical pattern forming on a higher time-frame, which may be indicative of a potential bullish move. If this pattern also breaks out, it could potentially trigger a 30-50% increase in the price of Galausdt.
However, as with any trading idea, there are no guarantees, and it's important to keep an eye on the price action and volume before making any trading decisions. It's also important to have a clear plan for risk management in case the market moves against the expected direction.
Re-Publish GALA Breaking outthis is the 2 day and published it a while back sort of an Adam and Eve pattern breakout , but look for at least a touch of top side of Gaussian Channel.
Watch the 5Day as this will lead into it,
Look at both 200 Averages over head, must likely pull back from there if hit, but looking really strong for the next few bar closes in the 2 day
Trade entry long GALA / USDT 🙌🔥Trade entry long GALA / USDT Big Correction and Big Boom 🙌
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Have a nice trading!
GALAUSDT favoring long from next supportThe previous post talked about a long from this support but the price did not quite reach to our entry point and visited the weekly resistance without us being in the trade. However, the price got rejected from weekly resistance and has fallen back to the weekly support again. A long here marked on the chart as L1 is favorable.
GALA token forming bullish BAT for upto 25% pumpHi dear friends, hope you are well and welcome to the new trade setup of GALA token with US Dollar pair.
In previous trade setup, the priceline of GALA was moved slightly moved down than buying zone, however, recovered soon and pumped more than 26%.
Now this time on a daily time frame, GALA is about to complete the final leg of a bullish BAT pattern for another bullish reversal move soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
GALA triangle pattern and more range 📖💡🚀Hello 🐋
Based on the chart, the price is in the parallel channel and close to the channel support area, and triangle pattern ✔️
if
the price doesn't break the support zone to the downside, we will see more gain 💣🚀
otherwise
we can see more correction to lower support level ❌🧨
if
breakout of the upper resistance zone be completed, we can see more pump to the upside ✔️🚀
👌 Notice: pay attention to the price on shortcut chart (located below the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
GALA short idea (again)the same ideea i had for the past few days but got sstopped out because 1: i was to early . and 2: still not waited on enought conformation but anyway... that MF stoppe A LOT of shorts out a few times.
so here im back witn another analyse, a bit diff as the past on nut this on, simple to understans.
this is how im trading it at the moment. when that thing stops me out 1 more time.... i will not look at gala for a long time haha.
GALA Echo bubble targetsGALA, when it pops, pops extremely violently. You blink and it's done a 9x.
Now that it is over the 200ma, some very interesting things can happen. Bearish bias is wiped out, and momentum will begin to markedly shift.
I've set some targets for a potential echo bubble around .15, .19, and .29, assuming we don't see the same strength as we saw during peak bull euphoria.
There's some news about a 500M quarterly burn that could help sustain in this resistance area.
GALA token formed bullish Gartley for upto 12.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of GALA token.
Our last successful trade of GALA was as below:
Now on a daily time frame, GALA with BTC pair has formed a bullish Gartley pattern for another pump soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade