GAL/USDT Bearish Chart AnalysisHello,
Let's discuss the technical analysis of GAL/USDT. Currently, the trading price of GALUSDT is at $1.7, which shows a 71% increase from the recent bottom. In comparison to the recent bottom of December 2022, the price has gone up by 180%.
As per the chart in the higher time frame, if the White TrendLine support level is not breached, we might witness further downtrend in GALUSDT.
The current resistance level for the cryptocurrency is at $2. If the price fails to break through this level, I expect it to test the $1 mark within the next few weeks.
Therefore, it is recommended to keep a close watch on the support and resistance levels for GAL/USDT, which are at $1 and $0.5 for support, and $2 and $2.5 for resistance.
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Projectgalaxy
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 Project Galaxy LONG 20220802Red -> Green
Context: Green
GAL, GALUSD, GALUSDT, GALUSDTP, CRYPTO, CRYPTOCURRENCY, Project Galaxy
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
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Can PROJECT GALAXY break this level?Project Galaxy GAL is trading still in a clear downtrend. As long as this downtrend holds and GAL can not break this I would expect a retest of the support level at 2,21 $. If this level also breaks the last hope is at 1,46 $. The golden pocket will come in at 4,55 $. On the 4h GAL is trading sideways in a 10% range.
PROJECT GALAXY (GAL) correction ❌🧨We expect to see brief correction for the price at least to lower Fibonacci support or our channel resistance (retest of the channel and pullback) ❌🧨
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
$GAL/USDT 1h (#KuCoin) Descending channel breakoutProject Galaxy is the new Binance Launchpool and just regained 50MA support, looks ready for another leg-up!
⚡️⚡️ #GAL/USDT ⚡️⚡️
Exchanges: Binance, KuCoin
Signal Type: Regular (Long)
Current Price:
10.750
Entry Zone:
10.678 - 10.002
Take-Profit Targets:
1) 12.353
2) 14.375
3) 16.397
Stop Targets:
1) 8.582
Risk/Reward= 1:1.15 | 1:2.3 | 1:3.45
Expected Profit= +19.47% | +39.02% | +58.58%
Possible Loss= -17.00%
Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 1 week
Tags: #GALUSDT #Galaxy #Web3 #MVB #Oracle #Creation #DeFi #BSC
Website: galaxy.eco
Contracts:
#ERC20 0x5fAa989Af96Af85384b8a938c2EdE4A7378D9875
#BEP20 0xe4Cc45Bb5DBDA06dB6183E8bf016569f40497Aa5
Bitget Lists GAL/USDT (Project Galaxy) in Web3 Zone Launching on MEXC Exchange today 30 min
GAL/USDT (Project Galaxy) will be listed in the Web3 Zone. Project Galaxy (GAL), is one of the leading Web3 credential data networks, it helps Web3 developers and projects leverage digital credential data and NFTs to build better products and communities.
You may now deposit GAL on the asset page. The specific details are as follows:
Deposit Time: May 5, 12 PM (UTC)
Trading Time: May 5, 2 PM (UTC) 👉Trade GAL Now
Withdrawal Time: To Be Announced.
