GALUSDT On the Edge of Another Explosive Bull Rally? Yello, Paradisers! Are we on the verge of a major move for #GALUSDT? Let's dive into the key levels and potential scenarios to watch out for.
💎#Galxe has been trading within a well-defined descending channel on the daily timeframe, with the price consistently respecting the trendlines. The POC of VRVP is acting as a significant support for #GAL, providing a solid foundation for potential upward movement.
💎 AMEX:GAL is poised to challenge the descending resistance of the channel. A potential breakout and retest of the Bullish Order Block (OB) around $1.980 could be on the horizon. This area is packed with liquidity and could propel GAL towards a breakout.
💎If #GAL can break above the descending resistance, supported by the liquidity at $1.980, we could see a strong bullish move toward the major resistance zone around $4.000.
💎Should the current resistance hold, we might see a retest of the key support level at $1.680. This retest could provide the necessary rally for a breakout. If the key support at $1.680 fails to hold, #GALUSDT could face increased bearish pressure.
Remember, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
Galxe
Is GALUSDT About to Break Out or Fall Back?Yello, Paradisers! Are you ready for the next big move in #GALUSDT? Let’s dive in!
💎The price has rebounded from a strong support area, marked by a solid green candle with significant volume. Currently, the price is testing the resistance level at 2.39 but has faced rejection. For a bullish momentum to continue, #GAL must break through this resistance. If successful, the price is likely to move upward towards our target resistance area.
💎However, if GAL fails to break the resistance, the price may revisit the support zone between 1.85 and 1.62. This area is crucial, and GAL needs to bounce back from here to maintain its upward trajectory.
💎Should GAL break the strong support at 1.62, it would signal a bearish momentum, invalidating the bullish outlook. In this scenario, the price could continue its downward movement, potentially dipping further.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
GALUSDT Critical Levels You Can't Ignore! Yello! Are you prepared for what's coming next for #GALUSDT? Let's dive into the latest analysis to see where this is heading and how you can stay ahead.
💎 GALUSDT needs to reclaim the price above the resistance at $3.10 to reverse back to an upward movement. Currently, GAL is in a retesting phase at the resistance, which suggests a continuation of the downward movement towards the support zone between $2.70 and $2.48.
💎 If the price fails to break through the resistance, it is likely that this support zone will be revisited. The last time GAL visited this area, it saw a strong bullish rejection, indicating significant buying pressure in the support zone.
💎 If GAL successfully rebounds from the support zone, a probability reversal back to the upside is on the horizon. However, this requires a critical confirmation: breaking the resistance area at $3.10. This break would ease the path through the descending resistance and lead to our target at a stronger resistance area.
💎 Conversely, if GAL fails to bounce at the support zone and breaks down further, this could probability confirm bearish momentum and invalidate bullish scenarios. In such a case, the price might dip even further.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
GAL/USDT It shows potential price will bounce from the support!💎 Paradisers, #GAL is indeed a coin worthy of close attention.
💎 Currently trading within a bullish flag pattern, GAL shows potential for a bounce from the support area as it approaches the resistance trendline of the pattern.
💎 For confirmation of bullish momentum, GAL needs to break above the pattern's upper boundary around $4.5. A successful breakout could lead GAL to retest our target strong resistance area.
💎 However, if GAL fails to bounce from the support zone between $3.6 to $3.3 and breaks below it, this could signify bearish momentum, with GAL likely to trend lower towards the support trendline or the demand area around $2.5.
💎 The GAL must bounce from the demand area, as it represents a significant support level. Moreover, reclaiming a position above $3.6 is essential for GAL to sustain its upward trajectory and reach our target area.
💎 If GAL breaches the demand area, it would confirm bearish sentiment. Exiting positions might be prudent if GAL's candle closes below the demand zone, as this could indicate further downside potential.
MyCryptoParadise
iFeel the success🌴
Galxe (GAL): Will we see a rebound to $5.85?Looking on BINANCE:GALUSDT , we are currently witnessing an interesting scenario. Following a prolonged accumulation phase within a specific trading range, there was a significant sell-off that led to a breakout downwards, entering what is often referred to as the "Manipulation Area" and specifically into Wave (4), just below the 50% retracement level.
The most significant volume node, where the bulk of trading has occurred, is around $3.35.
This is precisely where we have positioned our entry. Although our last attempt to re-enter the old range was unsuccessful, we are optimistic about re-entering the range this time and at least reaching the upper end of the range.
Ideally, we would surpass the range high to fully complete Wave (5), aiming to revisit the previous high of $5.85 from Wave (3). This setup could potentially offer us an appealing swing trade opportunity,
GAL/USDT Break Alert! Bullish Momentum for GAL continue upward.💎 Paradisers, the recent market dynamics surrounding #GAL have been noteworthy.
💎 GAL has successfully broken out of the resistance trendline, indicating a bullish momentum for its next movement.
💎 There's potential for the price to first test the trendline around the 4.5 area before continuing its upward movement and attempting to break the local resistance at 5.05.
💎 Alternatively, if GAL breaks the resistance directly without testing the trendline area, it could continue its upward trajectory and reach our target area of the Bearish OB and supply zone.
💎 However, if GAL fails to bounce off the support trendline at 4.5 during the retesting phase, or if the price closes below the line, it could signal a retracement back to the Bullish OB area to establish new momentum.
💎 The Bullish OB area holds significance, and if breached, the last bullish support lies within the $2.7 - $2.45 area. Should this support also be broken, it would confirm a bearish trend, potentially leading to further downward movement.
MyCryptoParadise
iFeel the success🌴
GAL Adam&EveIt appears that there is an Adam & Eve pattern forming within GAL coin. If this pattern successfully plays out and GAL manages to breach the neckline, I anticipate a potential price surge toward the range of 3.90 to 4.10.
This is my trial. Not a Financial Advice.
Good luck everyone.
GALUSDT(Galxe) Daily tf Range Updated till 17-03-24GALUSDT(Galxe) Daily timeframe range. PA here still lots to offer specially above 7.203 is open free space. but for that it needs to cross 5.684 first. recent retrace point is at 4.031.
GALXE --- #GAL Inverse Head & ShouldersI mentioned GALXE as a new altcoin to keep an eye on at the start of 2023
And it has been a solid if not spectacular performer since than.
It has now formed a inverse head & shoulders
with the Neckline at $2.8
we are going to have a mega #ALTCOIN rally!!!!!!!!!
Imminent. I believe. Right now.
Whatever #ALTS you have
make sure to lock in some profits as we charge up.
(whether back into BTC or ETH or SOL)
A granny will sell half on a double till infinity.
on the other end of the scale selling 10% after a 10X
It's all personal of course.
#cyber may explode soon...+ Long time accumulation and bull flag
+ W bounces in STF.
+ Horizontal supports worked.
+ Low market cap and unique project.
What else?..
NOT FINANCIAL ADVICE.
GAL/USDT Break Alert, Bullish Momentum ?? Galxe Analysis TodayYello Paradisers, Potential Exploding!
💎 GAL has successfully broken out of its descending channel pattern, backed by substantial trading volume. After hitting a supply zone and facing rejection, GAL is now in a retesting phase along its support trendline.
💎 Notably, this area also aligns with the Golden Ratio of the Fibonacci sequence at 0.618, making it a robust support zone ripe for accumulation. The current candle pattern suggests a bullish hammer rejection, but we'll need a daily close to confirm its validity.
💎 If the daily candle maintains this hammer shape, it's likely that the following candle will be green, signaling a continuation of upward momentum.
💎 The bullish narrative would be negated if GAL's daily candle closes below the Bullish Order Block (OB) area.
GAL/USDT upward momentum?? 👀 🚀 Galxe Today Analysis💎 Paradisers, get ready for a golden opportunity with #GALUSDT! We've observed a successful breakout from a bullish falling wedge, and now a retest of the wedge trend is signaling a likely upward move👀
💎 Upon closer observation, we noticed that demand had previously shifted to supply, leading GAL to experience a significant drop. However, after capturing liquidity on the downside, the asset has regained its bullish momentum and is currently holding a key support level at $0.944.
💎 Looking ahead, there's a robust supply zone and price imbalance. We anticipate the price of #Galxe will likely reach and mitigate this supply zone soon. However, given market volatility, if the price breaks below the support level, consider planning a short entry targeting the invalidation zone.
Keep your charts updated and Stay one step ahead of the market 🌴
GAL/USDT Breakout the Descending Channel, Pump is coming ???Hello Paradisers, Potential Coin to Watch Closely!
💎 GAL has successfully broken out of its descending channel pattern and is currently in a retest phase, with the potential to continue its upward trajectory towards a supply area in the Bearish Order Block (OB).
💎Previously, GAL faced a strong rejection upon hitting the Bullish OB, followed by a liquidity grab and a rebound to reclaim its demand zone. After reclaiming this area, GAL consolidated for several days before successfully breaking out of the pattern. Typically, low-cap tokens like GAL tend to surge over the weekend if BTC remains in a consolidation phase.
💎The bullish outlook for GAL would be invalidated if it breaks below the Bullish OB and closes the day under that level.
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.
$GAL - AT RESISTANCE.#Galxe has been performing well since the start of this bull trend. A simple double from the lows.
An interesting project for Web3 Identities.
Currently facing resistance.
I would be interested in taking a position in the $1.68 range or at a re-test of $2
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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