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Galausdtbuy

#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
Long
by CryptoAnalystSignal
2
Bullish WedgeFormation: A Falling Wedge is indeed a chart pattern characterized by converging trendlines that slope downward. It resembles a triangle slanting against the prevailing trend, with a series of lower highs and lower lows. The space between the two trendlines narrows as the pattern develops. Reversal Signal: Despite the name "Falling Wedge," this pattern is typically considered a bullish reversal pattern. Traders interpret it as a potential signal that the prevailing downtrend may be losing strength, and an upward reversal may follow. The confirmation of the bullish reversal often occurs when the price breaks above the upper trendline. Traders and analysts use various technical patterns, including the Falling Wedge, as part of their toolkit to make informed decisions about potential future price movements. However, it's crucial to remember that no pattern guarantees a specific outcome, and other factors should be considered in conjunction with technical analysis.
Long
by soni57
GALAUSDT UpdateIn my previous post about BINANCE:GALAUSDT , I predicted a 30% pump. I have attached that post here. However, you can see that the price has reacted to the resistance and has not yet been able to break through it. However, GALA is still bullish for me, and there are two scenarios that could happen in this situation. This currency is waiting for the next move of BINANCE:BTCUSDT and will start its next move with Bitcoin, which can be bullish or bearish. Or, the next upward move will begin from the points I marked on the chart. Please note that there have not been such upward movements in the crypto market for several years, and many people think this is the end of the bullish market. However, anything is possible in a volatile market.
Long
by Madoir
2
GALA USDT 1 Day TF Bullish MomentumBINANCE:GALAUSDT GALA USDT 1 Day TF Analysis. Bullish Momentum Shows Examining the GALA USDT price action, we notice promising indications of bullish momentum. After a 10-day consolidation period, Currently break the H.L that is also good sign for price move upward direction in coming days. (RSI) is also showing a bullish divergence on the charts, further supporting the bullish case. Traders may consider long positions with a tight stop loss (SL) strategy. Disclaimer: It's essential to emphasize that this information is not intended as financial advice. Conduct thorough research and due diligence before making any trading decisions. Financial markets carry inherent risks due to their volatility, and the provided information is for informational purposes only.
Long
by ChartsInsights
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.
Long
by Crypto-By-Ghazi
GALA Coin : "Words are useless when the target is clear..."Hi everyone! As we said "Words are useless when the target is clear..." and Gala coin could trigger an interesting technical rebound in the medium term. That said, even if the main trend is still bearish, we think that an accumulation strategy could be the right choice, so starting tomorrow.... "Buy the dip!". In conclusion, we see a potential first bullish target around 0.1123 area. If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below. thanks for your attention and please... trade with care! 💖
Long
by TheAnonymousBanker
10