Galxe GAL price out of the downtrend, what is the growth goal ?From the description of the Galxe (GAL) project, we can conclude that the project was built by a team with experience for future development in the WEB3 direction.
The only obvious thing that the project creators miscalculated was the moment of listing, when the crypto market was in the active stage of a downward trend. Or maybe it was intended that way?)
In fact, from the moment of listing to the present day, the price of GALUSDT has been in a downward trend.
And today, buyers loudly "slammed the door" and said goodbye to the downward trend.
They broke up the trend line in a big way, with the price rising by 50% in a few hours
However, the price hit a strong liquidity zone of $2.20-2.40 , which, in our opinion, will not be able to break through the first time.
A correction to the $1.35-1.50 zone is possible , where it will be more confident to buy GAL for a medium- and long-term portfolio.
The first medium-term target that can be seen from above is $4.25
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Galusdtpforecast
GALUSDT Short Setup!GALUSDET Technical analysais update
GALUSDT Broke its major support zone, expecting more drops in the coming days.
Short level : $2.19 - $2.25
Stop loss : $2.38
TP 1 : $2.05
TP 2 : $1.85
TP 3 : $1.55
Always keep stop loss
Project Galaxy (GAL) formed bullish Gartley for upto 15.50% moveHi dear friends, hope you are well and welcome to the new update on Project Galaxy (GAL) token with US Dollar pair.
On a 4-hr time frame, GAL has formed a bullish Gartley move. There is also a bullish divergence as the priceline is forming a lower low but RSI is setting a higher low.
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
GAL POSSIBLE SHORT ENTRY!!!📉⏳ BINANCE:GALUSDTPERP
GAL has been moving upwards strongly for the past few days perhaps its time for it to take the fall!📉
On the 4HR chart is a hidden bearish RSI divergence which peaked on 20th July at the 3.4439 price mark forming what appears to be a equal low liquidity zone on the 2.9109 price mark. This zone ought to be mitigated if the market continues in a smooth direction.
A change of character has already been formed as seen on the chart and I am keen that price will be drawn to the immediate POI around the 3.5043 price range before continuing the downtrend, I have also kept my trade exit below 2% loss incase I'm wrong about this analysis. Trade with caution!!!
-Joel
Please like and follow to get more ideas/tutorials like this, I'd also love to know what you think about my idea😃.
GAL making bullish shark target $5.09GAL made a bullish shark harmonic. Everything on this trade setup is self-explanatory. We are on weekend so market is pretty much volatile so if you pick this trade then MAKE SURE you use SL and use lower leverage max 10x on this trade or even lower in case you are doing futures instead of spot.
