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.
GALAUSDTPERP
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 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.)
🚨#GALA/USDT Long#GALA
The price is moving in a descending channel on the 12-hour frame
Now it is about to break that channel upward after testing the downtrend of the channel
We have buying momentum on the MACD indicator
Entry price is 0.02287
The first target is 0.02424
The second goal is 0.02689
The third goal is 0.02965
Of course, the targets are higher(GALA)📊Analysis by AhmadArz:
If you like, you can leave the targets open and move further according to your analysis.
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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.
GALA LONG SIGNSL H1Hello dear traders
In the Gala currency, we can enter a long position in the 1-hour time frame on the specified area
Loss limit, profit limit and entry point are specified for you in the form of a position
It should be noted that in the above time frames, this currency is suspicious of the downward WYKOF theory and we must be careful about this movement.
Thank you for following me.
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.
So, please like, comment, and subscribe if you are interested, and we will provide you with relevant thoughts)
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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.
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.
GALAUSDT long to weekly and monthly resistanceLet us try this long if we get the entry for this long trade before the price hits the weekly and monthly resistance. We long the 4h support which is also inside the weekly support zone and target till weekly+monthly resistance zone just above. I think there is one more push to that resistance left before a sizable pullback.
GALAUSDT likely heading towards weekly support around 0.02525The price has broken previous weekly support (marked as PWS on the chart). After breaking that support it retested the support a couple of times but got rejected. Now price is trading under that broken support zone is likely to head towards the next daily and weekly support zone (marked as DS+WS1 on the chart).
GALA/USD 4h Chart #Gala - is currently retrace after experiencing a strong run of 35%.
This presents two key points of buying opportunity for investors to rebalance their portfolios .
The first point of buy is ideal for those who believe the trend will continue and the run will persist. However, if the asset droops at the first point, the second point of buy presents a great opportunity as it is the extreme point where the asset is expected to have a reaction.
Overall, this analysis is based on the perspective of an investor looking to make strategic buying decisions."